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GENLA

Active Private limited companyfounded 2020active for 6 yearsAvenue Joseph-Merlot 63, 4020 LiègeKBO/BCE: BE 0748.485.454

Lifetime

5 annual accounts with figures on one time axis
peak €109,109 (2022)
€39,696▲ 339%
peak €65,451 (2022)
€26,219▲ 13×
peak €89,035 (2024)
€45,255▼ 49.2%
€89,580▲ 254%
Board1 name since 2020
1 director
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Gross margin from €9,034 to €39,696Result from €2,049 to €26,219Dividend €70,000Equity from €89,035 to €45,255Debts from €25,320 to €89,580Investments €1,321

Key points

from the 2025 annual accounts

Equity

€45,255 ▼ 49.2%
89,0352024+26,219Profit-70,000Dividend45,2552025

GENLA paid out €70,000 in dividends. That is 267% of the 2025 profit.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€89,580 ▲ 254%
Other debts
+30,095
Suppliers
+4,932
Taxes and wages
+1,440
The rest
+27,793

Debts rose by €64,260 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€1,321 2.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

2.46 was 6.77 in 2024

Short-term debts rose from €16,745 to €54,212.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20222024

The 2024 accounts came latest: 29 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as GENLA has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 26,973 companies, not a prediction for GENLA. 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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Signals

Board and ownership

Director, since 11-06-2020
  • 100 sharesdeed of 15-06-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0748485454
First establishment Avenue Joseph-Merlot 63, Liège
Incorporation Founding capital of €10,000, 100 shares · Founder: · Appointment: (director) · published on 15-06-2020 · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
GENLA Liège €134,835 €39,696 33.6% -
Sanolicious Merchtem €145,634 €41,911 -8.9% -
Power4U Balen €132,564 €46,794 56.2% -
Aquascaper Leuven €110,951 €34,444 23.8% -
CABOLEX Lasne €123,800 €48,055 10.5% -
Copreno Wervik €113,720 €50,506 90.1% -
IMACOR Waregem €169,899 €32,330 46.8% -

These companies have the same main activity as GENLA: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €111,000 and €170,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 11-06-2020Normal situation
Activity
Agents specialised in the wholesale of other particular productsNACE 46180and 1 other
Establishment unit
2.304.189.8644020 Liège, since 01-07-2020
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

€134,835▲ 17.9%
Filing
Filed on 13-08-2026
Financials

Insights on GENLA

GENLA files the micro format. That format states no turnover. The gross margin rose from €18,220 in 2021 to €39,696 in 2025.

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 GENLA

What is the company number of GENLA?
The company number of GENLA is 0748.485.454. The VAT number is the same number with BE in front: BE 0748.485.454.
Where is GENLA based?
The registered office is at Avenue Joseph-Merlot 63, 4020 Liège.Company details
What does GENLA do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of GENLA?
GENLA is a private limited company (BV).
When was GENLA founded?
GENLA was founded on 11-06-2020.
Is GENLA still active?
Yes, GENLA is an active enterprise in the KBO register.
What is the turnover of GENLA?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €39,696 and 38 comparable companies (NACE 461). It probably lies between €110,000 and €440,000.Financials
Is GENLA profitable?
In financial year 2025, GENLA made a profit of €26,219.
Where can I find the annual accounts of GENLA?
GENLA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GENLA due?
GENLA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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