GENSTEJ

Active

Private limited companyfounded 201312 yrs activeTienne du Try 14, 1300 Wavre, BelgiumKBO/BCE: BE 0541.810.029

The computed 12-month bankruptcy probability of GENSTEJ is 1.7% (moderate). The annual accounts of GENSTEJ for fiscal year 2024 show a net loss of 83% of the equity at the start of that year. The 2024 annual accounts show equity of €3k and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 36373 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

27 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-60

Solvency31▼-17

Growth32=

Track record100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.03 against 1.25 in 2023; short-term debt: 93.9% and cash: 1.9% of total assets), and 93.9% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

6.1%

Return on assets

-29.8%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 36373 sector peers (2024).

NBB · sector comparison

Position among 36373 sector peers

Solvency

better than 12%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

92 d late

2022

289 d late

2021

144 d late

2020

177 d late

2019

224 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€321k

EBIT margin

-2.2%

Net result

€-13k

2023 · €5k

2018: €51k 2019: €3k 2020: €-44k 2021: €-4k 2022: €3k 2023: €5k

2018 → 2024

Working capital

€1k▼ 91.7%

2023 · €14k

2018: €30k 2019: €29k 2020: €5k 2021: €9k 2022: €12k 2023: €14k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€13k-€9k▼ 33.2%€11k▲ 30.3%€16k▲ 41.6%€3k▼ 83.1%

Operating result€-36k-€1k€9k▲ 505%€5k▼ 39.7%€-15k

Net result€-44k-€-4k▲ 90.1%€3k€5k▲ 78.9%€-13k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €15k after €5k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €45k

96.4%

Fixed assets €2k▼ 40.4%

Current assets €44k▼ 34.7%

Equity and liabilities €45k

93.9%

Equity €3k▼ 83.1%

Debt €43k▼ 20.2%

The debt ratio rises from 76.6% to 93.9%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-14k▼

2023 · €7k

Cash flow

€-12k▼

2023 · €6k

Solvency

6.1%▼

2023 · 23.4%

Current ratio

1.03▼

2023 · 1.25

Quick ratio

1.03▼

2023 · 1.25

Debt / equity

15.46▲

2023 · 3.28

ROE

-490.4%▼

2023 · 29.4%

ROA

-29.8%▼

2023 · 6.9%

Interest coverage

-28.81▼

2023 · 3.96

Debt

€43k▼

2023 · €53k

Debt ≤ 1 year

€43k▼

2023 · €53k

Income taxes

€-656▼

2023 · €563

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€70k€45k▼

Fixed assets21/28€3k€2k▼

Tangible fixed assets22/27€3k€2k▼

Plant, machinery and equipment23€3k€2k▼

Current assets29/58€67k€44k▼

Amounts receivable within one year40/41€65k€41k▼

Trade receivables40€22k€19k▼

Other amounts receivable41€43k€22k▼

Cash at bank and in hand54/58-€872

Deferred charges and accrued income490/1€2k€1k▼

Equity and liabilities

Total equity and liabilities10/49€70k€45k▼

Equity10/15€16k€3k▼

Contributions10/11€16k€16k=

Profit (loss) carried forward14€254€-13k▼

Amounts payable17/49€53k€43k▼

Amounts payable within one year42/48€53k€43k▼

Financial debts43€1k-

Credit institutions430/8€1k-

Trade debts44€30k€36k▲

Suppliers440/4€30k€36k▲

Taxes, remuneration and social security45€9k€563▼

Taxes450/3€9k€563▼

Other amounts payable47/48€13k€6k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼

Other operating charges640/8€2k€687▼

Gross operating margin9900€9k€-13k▼

Operating profit (loss)9901€5k€-15k▼

Financial income75/76B€2k€2k▼

Recurring financial income75€2k€2k▼

Financial charges65/66B€2k€488▼

Recurring financial charges65€2k€488▼

Profit (loss) for the period before taxes9903€5k€-14k▼

Income taxes67/77€563€-656▼

Profit (loss) for the period9904€5k€-13k▼

Profit (loss) for the period to be appropriated9905€5k€-13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€254€-13k▼

Profit (loss) brought forward from the previous period14P€-5k€254▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 60 days late

2024

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

15-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 289 days late

2022

31-12

Financial Back to profitnet €3k

Net result €3k after 2 loss-making years.

22-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 144 days late

24-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 177 days late

2021

12-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 224 days late

2020

31-12

Financial Weakest financial yearnet €-44k ▼1458%

Net result drops to €-44k, the lowest in the series; recovery starts the following year.

2019

31-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 31 days late

2018

17-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 139 days late

17-12

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 504 days late

17-12

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 869 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Wavre · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Tienne du Try 141300 Wavre

Ground area

1,531 m²

Building footprint

104 m²

Volume, LiDAR

541 m³

Parcel 25112D0307/00A000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Tienne du Try 14, 1300 Wavre

Construction of residential and non-residential buildings

since 20132.224.147.048

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25112D0307/00A000	Wallonia	1,531 m²	1 · 104 m²	7.7 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

Sint-Gillis (bij-Brussel) · Eq €3k

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 1,717 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-11-2013

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.