GENIUS
InactiveGENIUS was declared bankrupt on 20-06-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 20-12-2022, published in the Belgian State Gazette on 28-12-2022.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-01-2022, 181 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
181 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-255k
2019 · €4k
2018: €7k
2019: €4k
2018 → 2020
Total assets
€126k▲ 3,053%
2019 · €4k
2018: €12k
2019: €4k
2018 → 2020
Net result
€-259k▼ 7,504%
2019 · €-3k
2018: €-1k
2019: €-3k
2018 → 2020
Working capital
€-255k
2019 · €4k
2018: €2k
2019: €4k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€7k-€4k▼ 47.2%€-255k
Operating result€-944-€-3k▼ 249%€-259k▼ 7,764%
Net result€-1k-€-3k▼ 229%€-259k▼ 7,504%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €259k in 2020 against €3k in 2019; the loss grows and 2020 has the lowest result in the available series.
Key figures and ratios
Solvency
-202.4%
Current ratio
0.33
ROA
-205.4%
Debt
€381k▲
2019 · €194
Debt ≤ 1 year
€381k▲
2019 · €194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 21 lines
Balance sheet
Code20192020
Assets
Total assets20/58€4k€126k▲
Current assets29/58€4k€126k▲
Amounts receivable within one year40/41€24€97k▲
Cash at bank and in hand54/58€4k€29k▲
Equity and liabilities
Total equity and liabilities10/49€4k€126k▲
Equity10/15€4k€-255k▼
Contributions10/11€31k-
Reserves13€4k€4k=
Profit (loss) carried forward14€-31k€-290k▼
Amounts payable17/49€194€381k▲
Amounts payable within one year42/48€194€381k▲
Trade debts44-€375k
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Gross operating margin9900€2k€-239k▼
Operating profit (loss)9901€-3k€-259k▼
Recurring financial income75€0€0=
Recurring financial charges65€44€63▲
Profit (loss) for the period before taxes9903€-3k€-259k▼
Income taxes67/77€70-
Profit (loss) for the period9904€-3k€-259k▼
Profit (loss) for the period to be appropriated9905€-3k€-259k▼
Timeline · acts, filings and financial milestones
2022
28-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · GENIUS SPRL RUE DE HAL 122/1, 1190 FOREST. déclarée le 20 juin 2022 · event 20-12-2022
28-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · GENIUS SPRL RUE DE HAL 122/1, 1190 FOREST · event 20-06-2022
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 181 days late
2020
31-12
Financial
Weakest financial yearnet €-259k
Net result drops to €-259k, the lowest in the series.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Liquidity times 15current ratio 20.66
Current ratio from 1.36 to 20.66; short-term debt falls from €5k to €194.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
11-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 20 days late
2012
02-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
20-06-2022 → 20-12-2022 |