GENHEM
ActiveSummary
GENHEM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €603,187. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+2
Solvency61▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.25 in 2024; short-term debt: 18.4% and cash: 0.1% of total assets), and 64.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.5%
Return on assets
6.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
on the day
2023
116 d early
2022
13 d early
2020
33 d early
2019
88 d late
2018
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 16 October (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by total assets in Beersel, Manufacturing sector#6 company by equity in Beersel, Manufacturing sector
Equity
€3.1m▲ 5.2%
2024 · €2.9m
Total assets
€8.7m▲ 2.4%
2024 · €8.5m
Net result
€603,187▲ 12.5%
2024 · €536,267
Working capital
-€1.1m▼ 21.2%
2024 · -€900,399
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€46,290▲ 3.7%€47,424-€578,583▲ 1,120%€105,021▼ 81.8%€459,698▲ 338%
Net result€37,798within the sector's middle half▲ 33.0%€241,576above the sector's middle half-€843,807above the sector's middle half▲ 249%€536,267above the sector's middle half▼ 36.4%€603,187above the sector's middle half▲ 12.5%
Equity€2.3mabove the sector's middle half▲ 0.8%€2.4mabove the sector's middle half-€2.9mabove the sector's middle half▲ 23.1%€2.9mabove the sector's middle half▲ 1.2%€3.1mabove the sector's middle half▲ 5.2%
Total assets€2.6mwithin the sector's middle half▲ 1.3%€2.7mwithin the sector's middle half-€6.1mabove the sector's middle half▲ 130%€8.5mabove the sector's middle half▲ 39.2%€8.7mabove the sector's middle half▲ 2.4%
Debt€285,718▲ 5.5%€292,255-€3.2m▲ 995%€5.6m▲ 73.7%€5.6m▲ 0.9%
Working capital-€225,361below the sector's middle half▲ 7.3%-€208,785below the sector's middle half--€24,860below the sector's middle half▲ 88.1%-€900,399below the sector's middle half▼ 3,522%-€1.1mbelow the sector's middle half▼ 21.2%
Solvency89.1%above the sector's middle half▼ 0.4pp89.0%above the sector's middle half-47.6%within the sector's middle half▼ 41.4pp34.6%within the sector's middle half▼ 13.0pp35.5%within the sector's middle half▲ 0.9pp
Current ratio0.21below the sector's middle half▲ 0.110.29below the sector's middle half-0.97below the sector's middle half▲ 0.690.25below the sector's middle half▼ 0.720.32below the sector's middle half▲ 0.07
Return on assets (ROA)1.4%within the sector's middle half▲ 0.3pp9.1%within the sector's middle half-13.8%above the sector's middle half▲ 4.7pp6.3%within the sector's middle half▼ 7.5pp6.9%within the sector's middle half▲ 0.6pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2023 Net result +249% on 2022. The previous fiscal year ran 15 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 338% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.7m
Fixed assets
€8.2m =
Current assets
€506,174 ▲ 68.2%
Equity and liabilities €8.7m
Equity
€3.1m ▲ 5.2%
Debt
€5.6m ▲ 0.9%
Debt's share of the balance-sheet total falls from 65.4% to 64.5%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.81▼
2024 · 1.89
ROE
19.5%▲
2024 · 18.2%
Debt ≤ 1 year
€1.6m▲
2024 · €1.2m
Debt > 1 year
€3.8m▼
2024 · €4.3m
Income taxes
€1,500▲
2024 · €11
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,107 | €0 | - | - |
| Other operating charges640/8 | - | €953 | €912 | €384 | €1,058 | ▲ 175% |
| Gross operating margin9900 | €47,295 | €48,377 | €579,495 | €105,405 | €460,756 | ▲ 337% |
| Operating profit (loss)9901 | €46,290 | €47,424 | €578,583 | €105,021 | €459,698 | ▲ 338% |
| Financial income75/76B | - | €202,182 | €393,120 | €638,282 | €450,000 | ▼ 29.5% |
| Recurring financial income75 | €591 | €202,182 | €393,120 | €638,282 | €450,000 | ▼ 29.5% |
| Financial charges65/66B | - | €2,030 | €7,598 | €207,026 | €305,012 | ▲ 47.3% |
| Recurring financial charges65 | €2,316 | €2,030 | €7,598 | €207,026 | €305,012 | ▲ 47.3% |
| Profit (loss) for the period before taxes9903 | €44,565 | €247,576 | €964,105 | €536,277 | €604,687 | ▲ 12.8% |
| Income taxes67/77 | €6,768 | €6,000 | €120,299 | €11 | €1,500 | ▲ 13,945% |
| Profit (loss) for the period9904 | €37,798 | €241,576 | €843,807 | €536,267 | €603,187 | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €37,798 | €241,576 | €843,807 | €536,267 | €603,187 | ▲ 12.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.7m | €6.1m | €8.5m | €8.7m | ▲ 2.4% |
| Fixed assets21/28 | €2.6m | €2.6m | €5.2m | €8.2m | €8.2m | = |
| Financial fixed assets28 | €2.6m | €2.6m | €5.2m | €8.2m | €8.2m | = |
| Current assets29/58 | €60,357 | €83,470 | €906,183 | €301,012 | €506,174 | ▲ 68.2% |
| Amounts receivable within one year40/41 | €19,669 | €17,546 | €783,597 | €258,500 | €492,910 | ▲ 90.7% |
| Trade receivables40 | - | €12,763 | €599,797 | €121,000 | €474,200 | ▲ 292% |
| Other amounts receivable41 | - | €4,782 | €183,800 | €137,500 | €18,710 | ▼ 86.4% |
| Cash at bank and in hand54/58 | €35,330 | €61,506 | €118,584 | €40,934 | €11,666 | ▼ 71.5% |
| Deferred charges and accrued income490/1 | - | €4,419 | €4,003 | €1,578 | €1,598 | ▲ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.7m | €6.1m | €8.5m | €8.7m | ▲ 2.4% |
| Equity10/15 | €2.3m | €2.4m | €2.9m | €2.9m | €3.1m | ▲ 5.2% |
| Contributions10/11 | €162,000 | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Capital10 | - | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Issued capital100 | - | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Reserves13 | €296,200 | €296,200 | €296,200 | €296,200 | €296,200 | = |
| Non-distributable reserves130/1 | - | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Legal reserve130 | - | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Distributable reserves133 | - | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Profit (loss) carried forward14 | €1.9m | €1.9m | €2.4m | €2.5m | €2.6m | ▲ 6.2% |
| Amounts payable17/49 | €285,718 | €292,255 | €3.2m | €5.6m | €5.6m | ▲ 0.9% |
| Amounts payable after more than one year17 | - | - | €2.3m | €4.3m | €3.8m | ▼ 11.4% |
| Financial debts170/4 | - | - | €2.3m | €4.3m | €3.8m | ▼ 11.4% |
| Amounts payable within one year42/48 | €285,718 | €292,255 | €931,044 | €1.2m | €1.6m | ▲ 33.0% |
| Current portion of amounts payable after more than one year42 | - | - | €329,485 | €478,662 | €498,472 | ▲ 4.1% |
| Financial debts43 | - | - | €132,713 | €130,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €132,713 | €130,000 | €0 | ▼ 100% |
| Trade debts44 | €4,586 | €14,088 | €24,003 | €23,198 | €73,226 | ▲ 216% |
| Suppliers440/4 | - | €14,088 | €24,003 | €23,198 | €73,226 | ▲ 216% |
| Taxes, remuneration and social security45 | - | €11,850 | €114,446 | €3,390 | €0 | ▼ 100% |
| Taxes450/3 | - | €11,850 | €114,446 | €3,390 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €266,317 | €330,397 | €566,160 | €1.0m | ▲ 81.2% |
| Accrued charges and deferred income492/3 | - | - | - | €87,217 | €230,598 | ▲ 164% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,798 | €241,576 | €843,807 | €536,267 | €603,187 | ▲ 12.5% |
| Operating cash flow (approximation) | €37,798 | €241,576 | €843,807 | €536,267 | €603,187 | ▲ 12.5% |
| Investment in fixed assets (approximation) | - | - | -€2.6m | -€3.0m | €0 | ▲ 100% |
| Change in cash | - | - | €57,078 | -€77,650 | -€29,268 | ▲ 62.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2018net €843,807 ▲249%
Operating result €578,583, net result €843,807, both a record.
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €28,427 ▼89.7%
Net result drops to €28,427, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 1995
Ground area
1.6 ha
Building footprint
2,077 m²
Volume, LiDAR
15,120 m³
2 parcels, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
RENOVATIEWERKEN HEMELINGS
since 19952.070.050.175
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0115/00G000 | Flanders | 1.3 ha | - | - |
| 23069A0144/00T004 | Flanders | 3,155 m² | 1 · 2,077 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
- HEWIJLI
- GENHEM
Highest known parent: HEWIJLI. The sources do not say who stands above it.
Owners 1
- HEWIJLIparent100%
Holdings 2
-
100%
-
35.19%
According to the annual accounts to 31-03-2025 of GENHEM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 629 companies in sector 22240 we hold annual accounts for 363. 141 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-12-1994
Fiscal year end31-03
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453938026
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.