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GENESE

Active Private limited companyfounded 1990active for 35 yearsAllée des Lacs 10, 6280 GerpinnesKBO/BCE: BE 0442.097.294

Lifetime

17 annual accounts with figures on one time axis, 33 filings since 1992
peak €59,616 (2019)
€8,005▼ 43.5%
lowest -€10,031 (2014)
€4,852▼ 45.7%
peak €83,919 (2026)
€83,919▲ 6.1%
€15,060▼ 40.3%
Board2 names since 2022
2 directorsDaniel LEYNAERT and 1 other
Documentsfilings and deeds
25-06-202637 days before the deadline
2026micro format
Gross margin from €14,169 to €8,005Result from €8,934 to €4,852Debts from €25,226 to €15,060

Key points

from the 2026 annual accounts

Equity

€83,919 ▲ 6.1%

GENESE has made a profit without a break since 2022.

Liquidity

6.56 was 4.11 in 2025

Short-term debts fell from €25,226 to €15,060.

Filings

33 annual accounts 35 filings since 1992
deadline200020102020

Six of the last ten came late. The 2020 accounts came latest: 28 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 76% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 84.8% of total assets
97+6short-term debt 15.2% · cash 89.0%
75-4return on assets 4.9%

Score breakdown

lowers risk
Liquidity: current ratio 6.56, cash €88,126
Equity €83,919 (84.8% of total assets)
Founded in 1990
Figures for financial year 2026 (filed on 25-06-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 94% on liquidity, 63% on profitability and 58% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 01-01-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as GENESE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GENESE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for GENESE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.56 (4.11 in 2025), above the usual 1.5. Short-term debt is 15.2% and cash 89% of total assets. 15.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.56, cash €88,126
NBB · annual accounts
lowers risk · Equity €83,919 (84.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2026 (filed on 25-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 01-01-2026 was due by 01-08-2026 and was filed on 25-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
37 days early
2025
4 days late
2024
31 days early
2023
11 days early
2022
41 days early
2021
5 days late
2020
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 01-01-2027 and is due by 01-08-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today01-01-2027 year end01-08-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DL
Director
LJ
LEYNAERT Jérôme
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442097294
Change of role: Daniel LEYNAERT, from manager to director Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Daniel LEYNAERT · Gazette deed
First establishment PRINT CONSEILS SC, Allée des Lacs 10, Gerpinnes
Incorporation published on 08-12-1990 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
GENESE Gerpinnes €98,979 €8,005 84.8% -
TOULON L Lokeren €115,342 €7,594 86.2% -
Pneumatiek Service Van Herp Edegem €117,408 €9,290 84.7% -
SINOBOX Fleurus €92,076 €8,718 67.3% -
European Trade Company - Belgium Ath €144,580 €10,605 58.4% -
ASSISTANCE TECHNIQUE CONSTRUCTION Momignies €67,008 €13,220 54.5% -
ALPHA TRADING Meise €138,234 €7,728 96.4% -

These companies have the same main activity as GENESE: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €67,000 and €145,000, founded between 1979 and 1993.

Official details

Source: KBO
Status
Active since 26-11-1990Normal situation
Activity
Agents specialised in the wholesale of other particular productsNACE 46180and 2 others
Establishment unit
2.050.546.1486280 Gerpinnes, since 06-12-1990
Financial year end
1 January
Peppol
Reachable since 24-12-2025
Company details

Annual accounts to 01-01-2026

≈ €70,000estimated
€98,979▼ 5.1%
Filing
Filed on 25-06-2026, 37 days before the end of the filing period
Financials

Insights on GENESE

GENESE files the micro format. That format states no turnover. The gross margin fell from €10,850 in 2009 to €8,005 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GENESE

What is the company number of GENESE?
The company number of GENESE is 0442.097.294. The VAT number is the same number with BE in front: BE 0442.097.294.
Where is GENESE based?
The registered office is at Allée des Lacs 10, 6280 Gerpinnes.Company details
What does GENESE do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of GENESE?
GENESE is a private limited company (BV).
When was GENESE founded?
GENESE was founded on 26-11-1990.
Is GENESE still active?
Yes, GENESE is an active enterprise in the KBO register.
What is the turnover of GENESE?
The turnover in financial year 2026 is ≈ €70,000. This figure is estimated from the gross margin of €8,005 and 70 comparable companies (NACE 461). It probably lies between €33,000 and €120,000. It is a rough estimate.Financials
Is GENESE profitable?
In financial year 2026, GENESE made a profit of €4,852.
Where can I find the annual accounts of GENESE?
GENESE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of GENESE due?
GENESE must file the annual accounts for financial year 2027 by 01-08-2027.Timeline

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