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GENIT

Active Public limited companyfounded 1996active for 30 yearsVan den Hautelei 217, 2100 AntwerpKBO/BCE: BE 0458.751.107

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €158,410 (2019)
€118,635▲ 13.0%
lowest -€22,808 (2016)
€9,845▼ 46.7%
peak €196,606 (2025)
€196,606▲ 5.3%
€1.2m▼ 0.8%
peak 0.8 FTE (2016)
-not published
Board5 names since 2004
4 directors and 3 others
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €105,011 to €118,635Result from €18,467 to €9,8453 directors reappointed 26-09Cash from €22,371 to €1,589

Key points

from the 2025 annual accounts

Equity

€196,606 ▲ 5.3%

GENIT has made a profit without a break since 2020.

Debts

€1.2m 85% of the balance sheet
Financial debts 98%Suppliers 1%Other 1%

Of this, €9,651 falls due within a year.

Liquidity

1.12 was 13.32 in 2024

Short-term debts rose from €2,977 to €9,651.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as GENIT has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 4,681 companies, not a prediction for GENIT. 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

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

Signals

Board and ownership

Managing director
Director, since 01-03-2004
Director, since 08-05-2018
Director, since 14-05-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0458751107
3 directors reappointed , (managing director) and · General meeting of 24-06-2025 · Gazette deed
3 directors resigning, 3 reappointments Resignations: , and · Reappointments: , and · Director discharge: · General meeting of 17-05-2021 · Gazette deed
2 directors appointed, 1 resignation Resignation: (director) · Appointments: and (managing director) · Director discharge: (manager) · General meeting of 08-05-2018 · Gazette deed
All 50 events

Official details

Source: KBO
Status
Active since 06-09-1996Normal situation
Activity
“De aan- en verkoop, huur en verhuur, eigen beheer en administratie van alle roerende…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Establishment unit
2.079.067.6132100 Antwerp, since 13-11-1996
Financial year end
31 December
Peppol
Reachable since 05-10-2025
Company details

Annual accounts 2025

≈ €300,000estimated
€1.4m▼ 0.1%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on GENIT

GENIT files the micro format. That format states no turnover. The gross margin rose from €15,823 in 2006 to €118,635 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.

In September 2025, the Official Gazette published the appointment of as managing director.

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 GENIT

What is the company number of GENIT?
The company number of GENIT is 0458.751.107. The VAT number is the same number with BE in front: BE 0458.751.107.
Where is GENIT based?
The registered office is at Van den Hautelei 217, 2100 Antwerp.Company details
What is the legal form of GENIT?
GENIT is a public limited company (NV).
When was GENIT founded?
GENIT was founded on 06-09-1996.
Is GENIT still active?
Yes, GENIT is an active enterprise in the KBO register.
What is the turnover of GENIT?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €118,635 and 2,204 comparable companies of the same size. It probably lies between €200,000 and €460,000. It is a rough estimate.Financials
Is GENIT profitable?
In financial year 2025, GENIT made a profit of €9,845.
Where can I find the annual accounts of GENIT?
GENIT filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GENIT due?
GENIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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