Skip to content

GENICS

Active
Private limited company (pre-2019)founded 199828 yrs activeSaucierstraat 5, 2000 Antwerpen, BelgiumKBO/BCE: BE 0462.711.972
Summary

GENICS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€235,203) and a net result of -€3,463. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 5% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-6
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.03 in 2023; cash: 6.1% of total assets), and equity is negative.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Return on assets
-16.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€235,203
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
79 d late
2023
31 d late
2022
31 d late
2021
29 d late
2020
30 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GENICS was incorporated on 19 February 1998.1 Total assets went from EUR 20,816 in 2018 to EUR 20,822 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€235,203▼ 1.5%
2023 · -€231,740
Total assets
€20,822▲ 17.9%
2023 · €17,668
Net result
-€3,463▼ 91.0%
2023 · -€1,813
Working capital
-€243,864▼ 1.2%
2023 · -€240,994
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line20202021202220232024
Operating result-€239▲ 97.7%-€4,590▼ 1,823%-€7,610▼ 65.8%-€1,814▲ 76.2%-€3,463▼ 90.9%
Net result-€239below the sector's middle half▲ 97.8%-€4,591below the sector's middle half▼ 1,817%-€7,610below the sector's middle half▼ 65.8%-€1,813below the sector's middle half▲ 76.2%-€3,463below the sector's middle half▼ 91.0%
Equity-€217,725below the sector's middle half▼ 0.1%-€222,316below the sector's middle half▼ 2.1%-€229,927below the sector's middle half▼ 3.4%-€231,740below the sector's middle half▼ 0.8%-€235,203below the sector's middle half▼ 1.5%
Total assets€19,475below the sector's middle half▲ 27.8%€22,056below the sector's middle half▲ 13.3%€16,366below the sector's middle half▼ 25.8%€17,668below the sector's middle half▲ 8.0%€20,822below the sector's middle half▲ 17.9%
Debt€237,200▲ 1.9%€244,372▲ 3.0%€246,292▲ 0.8%€249,408▲ 1.3%€256,026▲ 2.7%
Working capital-€227,614▼ 0.1%-€232,340▼ 2.1%-€239,521▼ 3.1%-€240,994▼ 0.6%-€243,864▼ 1.2%
Solvency
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€239-€239Net result 2020: -€239-€239Operating result 2021: -€4,590-€4,590Net result 2021: -€4,591-€4,591Operating result 2022: -€7,610-€7,610Net result 2022: -€7,610-€7,610Operating result 2023: -€1,814-€1,814Net result 2023: -€1,813-€1,813Operating result 2024: -€3,463-€3,463Net result 2024: -€3,463-€3,46320202021202220232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€7,610-€7,610Net result 2022: -€7,610-€7,610Operating result 2023: -€1,814-€1,810Net result 2023: -€1,813-€1,810Operating result 2024: -€3,463-€3,460Net result 2024: -€3,463-€3,460202220232024
The operating result stays negative: a loss of €3,463 in 2024 against €1,814 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20,822
Fixed assets €8,661 ▼ 6.4%
Current assets €12,161 ▲ 44.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,870▼
2023 · -€1,221
Cash flow
-€2,870▼
2023 · -€1,220
Current ratio
0.05▲
2023 · 0.03
Debt to equity
-1.09▼
2023 · -1.08
ROA
-16.6%▼
2023 · -10.3%
Debt ≤ 1 year
€256,026▲
2023 · €249,408
A ratio outside any meaningful range has been withheld (balance sheet total €20,822, equity -€235,203).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€17,668€20,822▲
Fixed assets21/28€9,254€8,661▼
Tangible fixed assets22/27€5,418€4,825▼
Land and buildings22€5,418€4,825▼
Financial fixed assets28€3,836€3,836=
Current assets29/58€8,414€12,161▲
Amounts receivable within one year40/41€7,319€9,327▲
Trade receivables40€7,319€9,134▲
Other amounts receivable41-€193
Cash at bank and in hand54/58€1,095€1,278▲
Deferred charges and accrued income490/1-€1,556
Equity and liabilities
Total equity and liabilities10/49€17,668€20,822▲
Equity10/15-€231,740-€235,203▼
Contributions10/11€18,592€18,592=
Profit (loss) carried forward14-€250,332-€253,795▼
Amounts payable17/49€249,408€256,026▲
Amounts payable within one year42/48€249,408€256,026▲
Trade debts44€398€7,659▲
Suppliers440/4€398€7,659▲
Taxes, remuneration and social security45€1,554€1▼
Taxes450/3€1,554€1▼
Other amounts payable47/48€247,456€248,366▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€593=
Other operating charges640/8€581€1,608▲
Gross operating margin9900-€640-€1,263▼
Operating profit (loss)9901-€1,814-€3,463▼
Financial income75/76B€37-
Recurring financial income75€37-
Financial charges65/66B€36-
Recurring financial charges65€36-
Profit (loss) for the period before taxes9903-€1,813-€3,463▼
Profit (loss) for the period9904-€1,813-€3,463▼
Profit (loss) for the period to be appropriated9905-€1,813-€3,463▼
Appropriation of the result
Profit (loss) to be appropriated9906-€250,332-€253,795▼
Profit (loss) brought forward from the previous period14P-€248,519-€250,332▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€696€696€593€593€593=
Other operating charges640/8-€526€609€581€1,608▲ 177%
Gross operating margin9900€1,057-€3,367-€6,409-€640-€1,263▼ 97.3%
Operating profit (loss)9901-€239-€4,590-€7,610-€1,814-€3,463▼ 90.9%
Financial income75/76B---€37--
Recurring financial income75---€37--
Financial charges65/66B---€36--
Recurring financial charges65€1--€36--
Profit (loss) for the period before taxes9903-€239-€4,590-€7,610-€1,813-€3,463▼ 91.0%
Income taxes67/77-€1----
Profit (loss) for the period9904-€239-€4,591-€7,610-€1,813-€3,463▼ 91.0%
Profit (loss) for the period to be appropriated9905-€239-€4,591-€7,610-€1,813-€3,463▼ 91.0%
Line20202021202220232024Change
Assets
Total assets20/58€19,475€22,056€16,366€17,668€20,822▲ 17.9%
Fixed assets21/28€11,137€10,441€9,848€9,254€8,661▼ 6.4%
Tangible fixed assets22/27€7,301€6,605€6,012€5,418€4,825▼ 10.9%
Land and buildings22-€6,605€6,012€5,418€4,825▼ 10.9%
Financial fixed assets28€3,836€3,836€3,836€3,836€3,836=
Current assets29/58€8,338€11,615€6,518€8,414€12,161▲ 44.5%
Amounts receivable within one year40/41€7,047€9,436€5,806€7,319€9,327▲ 27.4%
Trade receivables40-€9,436€5,806€7,319€9,134▲ 24.8%
Other amounts receivable41----€193-
Cash at bank and in hand54/58€1,291€2,179€712€1,095€1,278▲ 16.8%
Deferred charges and accrued income490/1----€1,556-
Equity and liabilities
Total equity and liabilities10/49€19,475€22,056€16,366€17,668€20,822▲ 17.9%
Equity10/15-€217,725-€222,316-€229,927-€231,740-€235,203▼ 1.5%
Contributions10/11-€18,592€18,592€18,592€18,592=
Profit (loss) carried forward14-€236,318-€240,908-€248,519-€250,332-€253,795▼ 1.4%
Amounts payable17/49€237,200€244,372€246,292€249,408€256,026▲ 2.7%
Amounts payable within one year42/48€235,952€243,955€246,039€249,408€256,026▲ 2.7%
Trade debts44€2,637€3,857€1,582€398€7,659▲ 1,826%
Suppliers440/4-€3,857€1,582€398€7,659▲ 1,826%
Taxes, remuneration and social security45-€643€586€1,554€1▼ 99.9%
Taxes450/3-€643€586€1,554€1▼ 99.9%
Other amounts payable47/48-€239,455€243,871€247,456€248,366▲ 0.4%
Accrued charges and deferred income492/3-€417€253---
Line20202021202220232024Change
Profit (loss) for the period9904-€239-€4,591-€7,610-€1,813-€3,463▼ 91.0%
+ Depreciation and write-downs630€696€696€593€593€593=
Operating cash flow (approximation)€457-€3,895-€7,017-€1,220-€2,870▼ 135%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€888-€1,466€383€183▼ 52.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
18-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 79 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial Weakest financial yearnet -€10,715
Net result drops to -€10,715, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
1,520 m²
Building footprint
336 m²
Volume, LiDAR
3,250 m³
Parcel 11002A2070/00A000, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GENICS
Saucierstraat 5, 2000 AntwerpenAgents in non-specialised wholesale trade
since 19982.086.007.467
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11002A2070/00A000 Flanders 1,520 m² 1 · 336 m² 16.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.086.007.467
1 permission
Apotheek (LM>3 maand) · since 01-10-2014

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47559Retail sale of other household articles
77229Renting and leasing of other personal and household goods
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0462711972
Also 9925:BE0462711972
Registered 13-02-2024

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.