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GENION

Active
Private limited companyfounded 201610 yrs activeKlokhofstraat 43, 8660 De Panne, BelgiumKBO/BCE: BE 0658.799.452

GENION has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-30k) and a net result of €297. Equity is shrinking by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 8994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
11 / 100
Critical▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.01 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025
Solvency, return and age of the figures
Solvency
-11.5%
Return on assets
0.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8994 sector peers (2025).
NBB · sector comparison
Position among 8994 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 9 filings
Deviation from the deadline
2025
5 d late
2024
15 d early
2023
13 d early
2022
16 d late
2021
41 d early
2020
41 d late
2019
91 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€-30k▲ 1.0%
2024 · €-31k
2018: €20k 2019: €21k 2020: €23k 2021: €6k 2022: €-8k 2023: €-16k 2024: €-31k
2018 → 2025
Total assets
€264k▲ 4.2%
2024 · €253k
2018: €286k 2019: €281k 2020: €277k 2021: €272k 2022: €267k 2023: €262k 2024: €253k
2018 → 2025
Net result
€297
2024 · €-14k
2018: €10k 2019: €634 2020: €2k 2021: €-18k 2022: €-14k 2023: €-9k 2024: €-14k
2018 → 2025
Working capital
€-217k▼ 11.6%
2024 · €-194k
2018: €-83k 2019: €-92k 2020: €-100k 2021: €-128k 2022: €-151k 2023: €-170k 2024: €-194k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€6k-€-8k€-16k▼ 107%€-31k▼ 86.0%€-30k▲ 1.0%
Operating result€-16k-€-12k▲ 27.5%€-3k▲ 73.0%€-9k▼ 182%€4k
Net result€-18k-€-14k▲ 23.2%€-9k▲ 37.1%€-14k▼ 66.5%€297
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0Operating result 2021: €-16k€-16kNet result 2021: €-18k€-18kOperating result 2022: €-12k€-12kNet result 2022: €-14k€-14kOperating result 2023: €-3k€-3kNet result 2023: €-9k€-9kOperating result 2024: €-9k€-9kNet result 2024: €-14k€-14kOperating result 2025: €4k€4kNet result 2025: €297€29720212022202320242025
The operating result returns to profit in 2025: €4k after a loss of €9k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets €258k▲ 3.0%
Current assets €6k▲ 113%
Key figures and ratios
2025 value · change against 2024
EBITDA
€9k
2024 · €-4k
Cash flow
€6k
2024 · €-9k
Solvency
-11.5%
2024 · -12.1%
Current ratio
0.03
2024 · 0.01
Quick ratio
0.03
2024 · 0.01
Debt / equity
-9.68
2024 · -9.25
ROE
-1.0%
2024 · 46.2%
ROA
0.1%
2024 · -5.6%
Interest coverage
2.86
2024 · -0.69
Debt
€294k
2024 · €284k
Debt ≤ 1 year
€222k
2024 · €197k
Debt > 1 year
€72k
2024 · €87k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€253k€264k
Fixed assets21/28€250k€258k
Tangible fixed assets22/27€250k€258k
Land and buildings22€250k€258k
Current assets29/58€3k€6k
Amounts receivable within one year40/41€330€5k
Trade receivables40€330€170
Other amounts receivable41€0€5k
Cash at bank and in hand54/58€2k€318
Deferred charges and accrued income490/1€366€387
Equity and liabilities
Total equity and liabilities10/49€253k€264k
Equity10/15€-31k€-30k
Contributions10/11€26k€26k=
Profit (loss) carried forward14€-56k€-56k
Amounts payable17/49€284k€294k
Amounts payable after more than one year17€87k€72k
Financial debts170/4€87k€72k
Amounts payable within one year42/48€197k€222k
Current portion of amounts payable after more than one year42€15k€15k=
Trade debts44€12k€8k
Suppliers440/4€12k€8k
Advances received on contracts in progress46€2k€360
Other amounts payable47/48€167k€199k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k
Other operating charges640/8€3k€3k
Gross operating margin9900€-376€12k
Operating profit (loss)9901€-9k€4k
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€-14k€297
Profit (loss) for the period9904€-14k€297
Profit (loss) for the period to be appropriated9905€-14k€297
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-56k
Profit (loss) brought forward from the previous period14P€-42k€-56k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial Back to profitnet €297
Net result €297 after 4 loss-making years.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-18k ▼880%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
10-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, De Panne · 1 establishment unit since 2021
exact location from the address register On OpenStreetMap
Ground area
1.8 ha
Building footprint
174 m²
Volume, LiDAR
1,069 m³
Parcel 38001B0037/00K000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Genion
Klokhofstraat 43, 8660 De PanneReal estate activities
since 20212.319.130.438
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38001B0037/00K000 Flanders 1.8 ha 1 · 174 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,971 companies in sector 68203 we hold annual accounts for 5,943. 1,021 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-07-2016
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.