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GENIUS SOLUTION

Active
Private limited companyfounded 2023active for 2 yearsAchterstraat(HA) 64, 9450 Haaltert, BelgiumKBO/BCE: BE 1001.826.193
Summary

The computed 12-month bankruptcy probability of GENIUS SOLUTION is 9.8% (elevated). The 2024 annual accounts show equity of €12,107 and a net result of €6,107. Its solvency ranks better than 45% of 35,972 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
≈ €350,000turnover 2024, estimated
Staff
≈ 0.6 FTE, estimated
Equity
€12,107
Profit
€6,107
Turnover estimated from the gross margin
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.8%
Structure
2024 accounts filed 201 days late
Why 35raises risk1 financial year not filed after the legal deadline; last filed accounts filed 201 days late; 1 of the last 3 late1 change of registered office in 24 monthsFigures for financial year 2024 (filed 26-02-2026)Size: total assets €28,465Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 64% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 68
equity 42.5% of total assets
Liquidity 70
short-term debt 57.5% · cash 80.6%
Profitability 91
return on assets 21.5%
Bankruptcy probability, 12 months
9.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 1.9%● unchanged vs 11-2024lowest value 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 2.3%▲ +0.4 percentage points vs 01-2025 03-2025: 4.5%▲ +2.2 percentage points vs 02-2025 04-2025: 5.0%▲ +0.5 percentage points vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 5.2%▲ +0.2 percentage points vs 05-2025 07-2025: 5.3%▲ +0.1 percentage points vs 06-2025 08-2025: 5.1%▼ -0.2 percentage points vs 07-2025 09-2025: 5.2%▲ +0.1 percentage points vs 08-2025 10-2025: 5.6%▲ +0.4 percentage points vs 09-2025 11-2025: 5.6%● unchanged vs 10-2025 12-2025: 5.6%● unchanged vs 11-2025 01-2026: 5.6%● unchanged vs 12-2025 02-2026: 5.6%● unchanged vs 01-2026 03-2026: 4.5%▼ -1.1 percentage points vs 02-2026 04-2026: 5.0%▲ +0.5 percentage points vs 03-2026 05-2026: 5.3%▲ +0.3 percentage points vs 04-2026 06-2026: 5.1%▼ -0.2 percentage points vs 05-2026 07-2026: 5.3%▲ +0.2 percentage points vs 06-2026 08-2026: 6.7%▲ +1.4 percentage points vs 07-2026 09-2026: 6.8%▲ +0.1 percentage points vs 08-2026 10-2026: 9.8%▲ +3.0 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.74, above the usual 1.5; short-term debt: 57.5% and cash: 80.6% of total assets), but 57.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 46% on solvency, 69% on liquidity and 77% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 201 days late; 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 26-02-2026)
NBB · annual accounts
raises risk · Size: total assets €28,465
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2024 accounts filed 201 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-02-2026, 201 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
201 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 201 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move
  3. IncorporationAppointment: ALVES de OLIVEIRA Ian…

Financials · financial year 2024, micro format

2024 annual accounts filed late (201 days) Filed on 17 February 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00044239.

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
≈ €350,000
Estimated: probably between €180,000 and €660,000
Total assets
€28,465
Net result
€6,107
Working capital
€12,107

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €28,465
Equity €12,107
Debt €16,358
Debt finances 57.5% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.74
Debt to equity
1.35
ROE
50.4%
ROA
21.5%
Debt ≤ 1 year
€16,358
Staff costs
€18,389

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 9.8% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 26 lines
Balance sheet Code2024
Assets
Total assets20/58€28,465
Current assets29/58€28,465
Amounts receivable within one year40/41€5,519
Other amounts receivable41€5,519
Cash at bank and in hand54/58€22,946
Equity and liabilities
Total equity and liabilities10/49€28,465
Equity10/15€12,107
Contributions10/11€6,000
Profit (loss) carried forward14€6,107
Amounts payable17/49€16,358
Amounts payable within one year42/48€16,358
Trade debts44€1,542
Suppliers440/4€1,542
Taxes, remuneration and social security45€14,074
Remuneration and social security454/9€14,074
Other amounts payable47/48€742
Income statement Code2024
Remuneration, social security and pensions62€18,389
Other operating charges640/8€62
Gross operating margin9900€24,613
Operating profit (loss)9901€6,161
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903€6,107
Profit (loss) for the period9904€6,107
Profit (loss) for the period to be appropriated9905€6,107
Appropriation of the result
Profit (loss) to be appropriated9906€6,107

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€18,389
Other operating charges640/8€62
Gross operating margin9900€24,613
Operating profit (loss)9901€6,161
Financial charges65/66B€54
Recurring financial charges65€54
Profit (loss) for the period before taxes9903€6,107
Profit (loss) for the period9904€6,107
Profit (loss) for the period to be appropriated9905€6,107
Line2024
Assets
Total assets20/58€28,465
Current assets29/58€28,465
Amounts receivable within one year40/41€5,519
Other amounts receivable41€5,519
Cash at bank and in hand54/58€22,946
Equity and liabilities
Total equity and liabilities10/49€28,465
Equity10/15€12,107
Contributions10/11€6,000
Profit (loss) carried forward14€6,107
Amounts payable17/49€16,358
Amounts payable within one year42/48€16,358
Trade debts44€1,542
Suppliers440/4€1,542
Taxes, remuneration and social security45€14,074
Remuneration and social security454/9€14,074
Other amounts payable47/48€742
Line2024
Profit (loss) for the period9904€6,107
Operating cash flow (approximation)€6,107

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 17-02-2026 2026-00044239

Similar companies · same sector, comparable size

Of the 15,129 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,460. 4,452 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
ALVES de OLIVEIRA Ian
Director · since 06-11-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ALVES de OLIVEIRA Ian
  • Director, from 06-11-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 06-11-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 06-11-2023 Incorporation · €6,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

GENIUS SOLUTION was incorporated on 31 October 2023 as a private limited company by one natural person, with a starting capital of €6,000.12 The registered office was moved to Haaltert in 2025.3 Since 2023, ALVES de OLIVEIRA Ian has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-11-2023
  3. 3Belgian Official Gazette, 28-02-2025

Acts, filings and financial milestones

2026
17-02
NBB filing Annual accounts filed
financial year 2024 · micro format · 201 days late
2025
28-02
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 17-02-2025
  • Registered-office move, Achterstraat 64,9450 Haaltert
2023
06-11
Gazette deed Incorporation
Appointment: ALVES de OLIVEIRA Ian (director) · Founder · Founding capital13 facts ▸
  • Founder, ALVES de OLIVEIRA Ian (comparant)
  • Incorporation, “GENIUS SOLUTION” (deed in Dutch)
  • Other provision, 18-10-2023
  • Other provision, “voorlichting oprichtersaansprakelijkheid, verantwoordelijkheid als oprichter bij faillissement binnen drie jaar vanaf oprichting,in bijzonder bij breed voorwerp…” (deed in Dutch)
  • Founding capital, €6,000
  • Bank account, “Belfius, vennootschap” (deed in Dutch)
  • Capital
  • Registered office clause, “1700 Dilbeek,Ninoofsesteenweg 253” (deed in Dutch)
  • Other provision, “website e-mailadres” (deed in Dutch)
  • Other provision, “waarschuwing comparant, verwittigd door notaris” (deed in Dutch)
  • General meeting, “comparant als enige aandeelhouder, benoeming na oprichting” (deed in Dutch)
  • Board rule, 1
  • +1 further fact in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded31-10-2023
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
E-mail genius-solutionsrl@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001826193
Also 9925:BE1001826193
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1001.826.193

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Haaltert · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
288 m²
Building footprint
115 m²
Building volume
619 m³
Parcel 41024A1627/00W002, Flanders · tallest building 10.4 m. Linked by address, not a title deed.
1 establishment unit
GENIUS SOLUTION
Achterstraat(HA) 64, 9450 HaaltertOther specialised construction activities
since 2023unit no. 2.352.111.230
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41024A1627/00W002 Flanders 288 m² 1 · 114 m² 10.4 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GENIUS SOLUTION
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, zetel mag overal verplaatst worden bij eenvoudige beslissing bestuursorgaan voor zover verplaatsing in Brussels Gewest of…” (deed in Dutch)

deed of 06-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, bestuursorgaan” (deed in Dutch)
“Vergoeding bestuurders, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)

deed of 06-11-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, elektronisch digitaal aandelenregister op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, elke overdracht onder…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte van nieuwe aandelen, orgaan dat overgaat tot uitgifte bepaalt opening en tijdvak” (deed in Dutch)

deed of 06-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Aanduiden vereffenaars,omlijnen bevoegdheden,bepalen vergoeding, bestuurder(s) in functie indien geen andere benoemd” (deed in Dutch)

deed of 06-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Nauwkeurige beschrijving voorgenomen bedrijvigheid, overzicht alle financieringsbronnen bij oprichting,in voorkomend geval met opgave…” (deed in Dutch)
Other provision: “Aandelen moeten bij uitgifte worden volgestort, stortingsplicht” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging algemene vergadering” (deed in Dutch)
Liquidation distribution: “Netto-actief naar verhouding aantal aandelen,goederen in natura zelfde wijze” (deed in Dutch)
Other provision: “Mededelingen aanmaningen dagvaardingen betekeningen, woonstkeuze” (deed in Dutch)
Other provision: “Gerechtelijke bevoegdheid, rechtbank rechtsgebied zetel” (deed in Dutch)
Other provision: “Gemeen recht, WVV-bepalingen waarvan niet geldig afgeweken geacht ingeschreven” (deed in Dutch)
5 more provisions in the deed, see the deed of 06-11-2023

deed of 06-11-2023