GENOBO
ActiveGENOBO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €-8k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▲+1
Solvency27▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.37 in 2023; short-term debt: 86.4% and cash: 0% of total assets), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.8%
Return on assets
-0.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 19357 sector peers (2024).
NBB · sector comparisonPosition among 19357 sector peers
Solvency
better than 22%
← weakest
strongest →
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 16-06-2025, 45 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
49 d early
2022
25 d late
2021
11 d early
2020
12 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€37k▼ 18.0%
2023 · €45k
2019: €9k
2020: €68k
2021: €60k
2022: €54k
2023: €45k
2019 → 2024
Total assets
€2.04M▲ 148%
2023 · €825k
2019: €466k
2020: €102k
2021: €73k
2022: €106k
2023: €825k
2019 → 2024
Net result
€-8k▲ 17.0%
2023 · €-10k
2019: €-9k
2020: €59k
2021: €-8k
2022: €-6k
2023: €-10k
2019 → 2024
Working capital
€276k▲ 25.7%
2023 · €219k
2019: €350k
2020: €62k
2021: €52k
2022: €44k
2023: €219k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€60k▼ 11.5%€54k▼ 9.7%€45k▼ 17.8%€37k▼ 18.0%
Operating result€83k-€-7k€-5k▲ 17.0%€-7k▼ 28.6%€-5k▲ 34.3%
Net result€59k-€-8k€-6k▲ 25.6%€-10k▼ 66.9%€-8k▲ 17.0%
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 €5k in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.04M
Fixed assets
€3k▼ 61.3%
Current assets
€2.04M▲ 150%
Equity and liabilities €2.04M
Equity
€37k▼ 18.0%
Debt
€2.01M▲ 157%
The debt ratio rises from 94.6% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▲
2023 · €-5k
Cash flow
€-8k▼
2023 · €-7k
Solvency
1.8%▼
2023 · 5.4%
Current ratio
1.16▼
2023 · 1.37
Quick ratio
0.01▼
2023 · 0.05
Debt / equity
54.95▲
2023 · 17.51
ROE
-22.0%▼
2023 · -21.7%
ROA
-0.4%▲
2023 · -1.2%
Interest coverage
-1.32▲
2023 · -1.70
Debt
€2.01M▲
2023 · €781k
Debt ≤ 1 year
€1.77M▲
2023 · €598k
Debt > 1 year
€238k▲
2023 · €183k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€825k€2.04M▲
Formation expenses20€0-
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€5k€0▼
Land and buildings22€5k€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Financial fixed assets28€3k€3k=
Current assets29/58€818k€2.04M▲
Stocks and contracts in progress3€788k€2.02M▲
Stocks30/36€788k€2.02M▲
Amounts receivable within one year40/41€20k€18k▼
Trade receivables40-€940
Other amounts receivable41€20k€18k▼
Cash at bank and in hand54/58€10k€0▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€825k€2.04M▲
Equity10/15€45k€37k▼
Contributions10/11€19k€19k=
Reserves13€49k€49k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-23k€-31k▼
Amounts payable17/49€781k€2.01M▲
Amounts payable after more than one year17€183k€238k▲
Other amounts payable178/9€183k€238k▲
Amounts payable within one year42/48€598k€1.77M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€451k€1.66M▲
Credit institutions430/8€451k€1.66M▲
Trade debts44€135k€89k▼
Suppliers440/4€135k€89k▼
Taxes, remuneration and social security45-€231
Taxes450/3-€231
Other amounts payable47/48€12k€13k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€0▼
Other operating charges640/8€609€1k▲
Gross operating margin9900€-4k€-3k▲
Operating profit (loss)9901€-7k€-5k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-10k€-8k▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-31k▼
Profit (loss) brought forward from the previous period14P€-14k€-23k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 7.50
Current ratio from 3.53 to 7.50; short-term debt falls from €24k to €8k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hechtel-Eksel · 1 establishment unit since 2018
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.
Bergstraat 1A3940 Hechtel-EkselGround area
4,526 m²
Building footprint
225 m²
Volume, LiDAR
1,037 m³
Parcel 72006C0472/00F000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GENOBO
since 20182.279.379.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72006C0472/00F000 | Flanders | 4,526 m² | 1 · 225 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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IMMO G-LINE
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IMPACT CONSULTING
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,718 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2018
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
42220Construction of utility projects for electricity and telecommunications
43222Installation of electric heating, air conditioning, cooling and ventilation
47521Retail sale of hardware, building materials, paint and glass (general range)
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.