GENTEA
Open bankruptcyA bankruptcy procedure is open for GENTEA according to publications in the Belgian State Gazette; curator: VINCENT TERLINDEN.
Summary
The 2021 annual accounts show equity of €84k and a net result of €9k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€84k▲ 12.1%
2020 · €75k
2019: €12k
2020: €75k
2019 → 2021
Total assets
€380k▲ 1.8%
2020 · €373k
2019: €71k
2020: €373k
2019 → 2021
Net result
€9k▲ 270%
2020 · €2k
2019: €13k
2020: €2k
2019 → 2021
Working capital
€-91k▼ 208%
2020 · €-29k
2019: €10k
2020: €-29k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€12k-€75k▲ 508%€84k▲ 12.1%
Operating result€17k-€7k▼ 57.0%€26k▲ 253%
Net result€13k-€2k▼ 80.9%€9k▲ 270%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 253% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €380k
Fixed assets
€352k ▼ 1.1%
Current assets
€27k ▲ 65.6%
Equity and liabilities €380k
Equity
€84k ▲ 12.1%
Debt
€296k ▼ 0.7%
Debt's share of the balance-sheet total falls from 80.0% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2020 · €8k
Cash flow
€10k▲
2020 · €3k
Current ratio
0.23▼
2020 · 0.36
Debt to equity
3.53▲
2020 · 3.37
ROE
10.8%▲
2020 · 3.3%
ROA
2.4%▲
2020 · 0.7%
Interest coverage
4.38
Debt ≤ 1 year
€118k▲
2020 · €46k
Debt > 1 year
€178k▼
2020 · €252k
Income taxes
€10k▲
2020 · €778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 44 lines
Balance sheet
Code20202021
Assets
Total assets20/58€373k€380k▲
Fixed assets21/28€356k€352k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24-€2k
Financial fixed assets28€353k€350k▼
Current assets29/58€17k€27k▲
Amounts receivable within one year40/41€8k€27k▲
Trade receivables40-€8k
Other amounts receivable41-€20k
Cash at bank and in hand54/58€6k€6▼
Equity and liabilities
Total equity and liabilities10/49€373k€380k▲
Equity10/15€75k€84k▲
Contributions10/11-€68k
Reserves13€5k€5k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€3k
Profit (loss) carried forward14€2k€11k▲
Amounts payable17/49€298k€296k▼
Amounts payable after more than one year17€252k€178k▼
Financial debts170/4-€178k
Amounts payable within one year42/48€46k€118k▲
Current portion of amounts payable after more than one year42-€57k
Financial debts43-€718
Credit institutions430/8-€718
Trade debts44€10k€14k▲
Suppliers440/4-€14k
Taxes, remuneration and social security45-€16k
Taxes450/3-€16k
Other amounts payable47/48-€30k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€386€661▲
Other operating charges640/8-€348
Gross operating margin9900€8k€27k▲
Operating profit (loss)9901€7k€26k▲
Financial income75/76B-€0
Recurring financial income75€1€0▼
Financial charges65/66B-€6k
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€3k€20k▲
Income taxes67/77€778€10k▲
Profit (loss) for the period9904€2k€9k▲
Profit (loss) for the period to be appropriated9905€2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11k
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL GENTEA PLACE DU DROIT 1A, 1070 ANDERLECHT · event 18-04-2025
2023
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 160 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼80.9%
Net result drops to €2k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
SignalFinancial 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, Anderlecht · 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.
Rechtsplein 1A1070 AnderlechtGround area
1,374 m²
Building footprint
494 m²
Volume, LiDAR
9,132 m³
Parcel 21001A0503/00W003, Brussels · tallest building 23.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GENTEA
since 20182.281.942.816
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0503/00W003 | Brussels | 1,374 m² | 1 · 494 m² | 23.3 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCENT TERLINDEN Avenue Louise 349/16,
1050 IXELLES |
18-04-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.