Equity
€61,824 ▲ 69.2%
GENOBO paid out €49,326 in dividends. That is 66% of the 2025 profit.
GENOBO
Lifetime
7 annual accounts with figures on one time axisGross marginpeak €94,337 (2025)
€94,337▲ €97,683
Resultlowest -€9,686 (2023)
€74,607▲ €82,648
Equitypeak €67,876 (2020)
€61,824▲ 69.2%
Debts
€350,289▼ 82.6%
Board2 names since 2018
2 directorsGEUNS Mike and 1 other
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from -€3,345 to €94,337Back to profit: €74,607Dividend €49,326Equity from €36,543 to €61,824Debts from €2.0m to €350,289
Key points
from the 2025 annual accountsResult
€74,607 €74,607
Back in profit in 2025, after a loss of €8,041 in 2024.
Turnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€350,289 85% of the balance sheet
After one year 79%Within one year 21%
Of this, €72,789 falls due within a year.
Liquidity
5.62 was 1.16 in 2024
Short-term debts fell from €1.8m to €72,789.
Position in the sector
€74,607
Higher net result than 87% of companies in real estate. Sector median €6,006 · 17,166 companies.
Checked score
95
Excellent
Financially stronger than 70% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.3 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026highest value
03-2026: 0.6%● unchanged vs 02-2026highest value
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.5 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Equity €61,824 (15.0% of total assets)
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €412,113
Figures for financial year 2025 (filed on 19-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 36% of them on solvency, 74% on liquidity, 80% on profitability and 89% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as GENOBO has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GENOBO itself is lower: 0.1% within 12 months. It rests on far more data about GENOBO than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 6,713 companies, not a prediction for GENOBO. 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
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.62 (1.16 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 14% of total assets. However, 85% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €61,824
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
42 days early
2024
45 days early
2023
49 days early
2022
25 days late
2021
11 days early
2020
12 days early
2019
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Bouwen of herbouwen · Provincie Limburg
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Sint-Truiden
Environmental permit refused
Bouwen of herbouwen · Provincie Limburg
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0701869531
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| GENOBO Hechtel-Eksel | €412,113 | €94,337 | 15.0% | - |
| 4 REBUS Oudsbergen | €419,141 | €97,615 | 34.7% | - |
| JOCHEMS PROJECT MANAGEMENT Genk | €460,821 | €72,502 | 18.3% | - |
| OF INVEST Heusden-Zolder | €472,947 | €114,490 | 47.7% | - |
| EGU CONSTRUCT Welkenraedt | €416,280 | €110,494 | 31.7% | - |
| SV2 Maldegem | €431,931 | €99,619 | 28.7% | - |
| M.G.I. Bièvre | €397,190 | €105,648 | 66.9% | - |
These companies have the same main activity as GENOBO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €397,000 and €473,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 29-08-2018Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.279.379.3433940 Hechtel-Eksel, since 29-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- Total assets
- €412,113▼ 79.8%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on GENOBO
GENOBO files the micro format. That format states no turnover. The gross margin rose from -€3,526 in 2019 to €94,337 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 GENOBO
- What is the company number of GENOBO?
- The company number of GENOBO is 0701.869.531. The VAT number is the same number with BE in front: BE 0701.869.531.
- Where is GENOBO based?
- The registered office is at Bergstraat 1A, 3940 Hechtel-Eksel.Company details
- What does GENOBO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GENOBO?
- GENOBO is a private limited company (BV).
- When was GENOBO founded?
- GENOBO was founded on 29-08-2018.
- Is GENOBO still active?
- Yes, GENOBO is an active enterprise in the KBO register.
- What is the turnover of GENOBO?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €94,337 and 48 comparable companies (NACE 681). It probably lies between €130,000 and €480,000.Financials
- Is GENOBO profitable?
- In financial year 2025, GENOBO made a profit of €74,607.
- Where can I find the annual accounts of GENOBO?
- GENOBO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GENOBO due?
- GENOBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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