Financials
- Fiscal year
- 2024
- Total assets
- €202,413
- Profit
- €16,125
- Solvency
- 86.6%
Total assets▲ 8.8%
Net result
20182024
GENETTE
ActiveSummary
GENETTE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €175,243 and a net result of €16,125. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Activity not known
Size
€202,413total assets 2024
- Equity
- €175,243
- Profit
- €16,125
Turnover not published (abridged schema)
Structure
Accounts 36 d early0 of 1 deed read
Why 87- Figures for FY 2024 (filed 07-08-2025)+ Liquidity: current ratio 3.99, cash €102,574+ Size: total assets €202,413+ Equity €175,243 (86.6% of total assets)Show the evidence
Checked score
Score 2024
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 86.6% of total assets
Liquidity
98=
short-term debt 13.4% · cash 50.7%
Profitability
79+3
return on assets 8.0%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 22 months
01-2025: 0.1%
02-2025: 0.1%▲ +1.5% vs 01-2025
03-2025: 0.1%▼ -1.4% vs 02-2025
04-2025: 0.1%▲ +4.4% vs 03-2025
05-2025: 0.1%● 0.0% vs 04-2025
06-2025: 0.1%▲ +26.8% vs 05-2025
07-2025: 0.1%▲ +30.0% vs 06-2025
08-2025: 0.3%▲ +114% vs 07-2025
09-2025: 0.1%▼ -78.8% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.1%● 0.0% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%▲ +3.8% vs 12-2025
02-2026: 0.1%● 0.0% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%▲ +3.6% vs 03-2026
05-2026: 0.1%▲ +1.8% vs 04-2026
06-2026: 0.1%▲ +25.9% vs 05-2026
07-2026: 0.1%▲ +6.8% vs 06-2026
08-2026: 0.2%▲ +93.6% vs 07-2026
09-2026: 0.2%▲ +27.2% vs 08-2026
10-2026: 0.4%▲ +88.5% vs 09-2026highest value
- Figures for FY 2024 (filed 07-08-2025) raises the probability
- Liquidity: current ratio 3.99, cash €102,574 lowers the probability
- Size: total assets €202,413 lowers the probability for this profile
- Equity €175,243 (86.6% of total assets) lowers the probability
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 3.99 against 6.12 in 2023; short-term debt: 13.4% and cash: 50.7% of total assets), and 13.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 89%, profitability 62%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
5 d late
2023
30 d early
2022
10 d early
2021
44 d early
2020
27 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 25-06-2026Annual accounts filed
- 05-08-2025Annual accounts filed
- 01-07-2024Annual accounts filed
Company details
- Legal form
- Private limited company
- Founded
- 24-12-1999
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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