Genmar
ActiveSummary
Genmar has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €379,911 and a net result of €1,588. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▲+1
Solvency77=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
cash: 1.4% of total assets, and 47.6% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
23 d late
2022
16 d late
2021
12 d early
2020
12 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€379,911▲ 0.4%
2023 · €378,323
Total assets
€725,216▲ 0.2%
2023 · €723,628
Net result
€1,588
2023 · -€580
Working capital
Not included in this filing
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2,546▲ 89.3%-€2,788▼ 9.5%-€4,079▼ 46.3%-€3,761▲ 7.8%-€1,602▲ 57.4%
Net result€1,330-€2,658€80-€580€1,588
Equity€381,481▲ 0.3%€378,823▼ 0.7%€378,903=€378,323▼ 0.2%€379,911▲ 0.4%
Total assets€726,786▲ 0.2%€724,128▼ 0.4%€724,208=€723,628▼ 0.1%€725,216▲ 0.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,602 in 2024 against €3,761 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €725,216
Fixed assets
€503,000 ▼ 5.1%
Current assets
€222,216 ▲ 14.8%
Key figures and ratios
Solvency
52.4%▲
2023 · 52.3%
ROE
0.4%▲
2023 · -0.2%
ROA
0.2%▲
2023 · -0.1%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1,469 | €1,052 | €1,812 | €505 | ▼ 72.1% |
| Gross operating margin9900 | -€258 | -€1,319 | -€3,027 | -€1,949 | -€1,097 | ▲ 43.7% |
| Operating profit (loss)9901 | -€2,546 | -€2,788 | -€4,079 | -€3,761 | -€1,602 | ▲ 57.4% |
| Financial income75/76B | - | €167 | €4,198 | €3,220 | €3,234 | ▲ 0.4% |
| Recurring financial income75 | €3,906 | €167 | €4,198 | €3,220 | €3,234 | ▲ 0.4% |
| Financial charges65/66B | - | €37 | €39 | €39 | €44 | ▲ 12.8% |
| Recurring financial charges65 | €30 | €37 | €39 | €39 | €44 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €1,330 | -€2,658 | €80 | -€580 | €1,588 | ▲ 374% |
| Profit (loss) for the period9904 | €1,330 | -€2,658 | €80 | -€580 | €1,588 | ▲ 374% |
| Profit (loss) for the period to be appropriated9905 | €1,330 | -€2,658 | €80 | -€580 | €1,588 | ▲ 374% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €726,786 | €724,128 | €724,208 | €723,628 | €725,216 | ▲ 0.2% |
| Fixed assets21/28 | €575,000 | €555,000 | €535,000 | €530,000 | €503,000 | ▼ 5.1% |
| Financial fixed assets28 | €575,000 | €555,000 | €535,000 | €530,000 | €503,000 | ▼ 5.1% |
| Current assets29/58 | €151,786 | €169,128 | €189,208 | €193,628 | €222,216 | ▲ 14.8% |
| Amounts receivable after more than one year29 | - | €100,110 | €187,877 | €193,597 | €212,231 | ▲ 9.6% |
| Other amounts receivable291 | - | €100,110 | €187,877 | €193,597 | €212,231 | ▲ 9.6% |
| Amounts receivable within one year40/41 | €51,737 | €68,794 | €110 | €0 | - | - |
| Other amounts receivable41 | - | €68,794 | €110 | €0 | - | - |
| Cash at bank and in hand54/58 | €49 | €224 | €1,221 | €31 | €9,985 | ▲ 32,110% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €726,786 | €724,128 | €724,208 | €723,628 | €725,216 | ▲ 0.2% |
| Equity10/15 | €381,481 | €378,823 | €378,903 | €378,323 | €379,911 | ▲ 0.4% |
| Contributions10/11 | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Profit (loss) carried forward14 | -€927,881 | -€930,539 | -€930,459 | -€931,039 | -€929,451 | ▲ 0.2% |
| Provisions and deferred taxes16 | €345,305 | €345,305 | €345,305 | €345,305 | €345,305 | = |
| Provisions for liabilities and charges160/5 | - | €345,305 | €345,305 | €345,305 | €345,305 | = |
| Other liabilities and charges164/5 | - | €345,305 | €345,305 | €345,305 | €345,305 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,330 | -€2,658 | €80 | -€580 | €1,588 | ▲ 374% |
| Operating cash flow (approximation) | €1,330 | -€2,658 | €80 | -€580 | €1,588 | ▲ 374% |
| Investment in fixed assets (approximation) | - | €20,000 | €20,000 | €5,000 | €27,000 | ▲ 440% |
| Change in cash | - | €175 | €997 | -€1,190 | €9,954 | ▲ 936% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1,588
Net result €1,588 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-12
Financial
Back to profitnet €80
Net result €80 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Back to profitnet €1,330
Net result €1,330 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€893,501
Net result drops to -€893,501, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 150 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 114 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.
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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, Brasschaat · 1 establishment unit since 2015
Ground area
2,400 m²
Building footprint
126 m²
Volume, LiDAR
727 m³
Parcel 11322E0001/00H003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
86
companies at this address
See who is registered here
1 establishment unit
Genmar
since 20152.251.845.201
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0001/00H003 | Flanders | 2,400 m² | 1 · 126 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-12-2015
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644427418
Also
9925:BE0644427418
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.