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GERMAIN-GENNART

Active
Private limited company (pre-2019)founded 2005active for 21 yearsSint-Jobsesteenweg 299, 1180 Ukkel, BelgiumKBO/BCE: BE 0872.970.702
Summary

GERMAIN-GENNART has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of €147,199. Equity has been growing by about 45% per year since 2018. Its solvency ranks better than 93% of 1,713 sector peers (NACE 69, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-04-2005 Normal situation
Activity
Activities of lawyers NACE 69101
Establishment unit
2.229.756.420 1180 Ukkel, since 25-03-2005
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • GENNART BENEDICTEDirector
  • GERMAIN JEAN-FRANCOISDirector

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2024
Gross margin
€222,924
▼ 63.4%
Turnover
≈ €390,000
estimated
Profit
€147,199
▼ 64.6%
Equity
€1.2m
▲ 4.4%
Total assets
€1.4m
▼ 3.7%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 31-10-2025
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 31-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Equity €1.2m (88.1% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 54% of micro companies in legal and accounting (NACE 69)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 88.1% of total assets
Liquidity 58-37
short-term debt 11.9% · cash 7.5%
Profitability 82-18
return on assets 10.8%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.3%▲ +0.2 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.2%▼ -0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €65,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 7.64 (4.97 in 2023), above the usual 1.5. Short-term debt is 11.9% and cash 7.5% of total assets. 11.9% of the assets are financed with debt and provisions.
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 69, micro). It does better than 87% of them on solvency, 44% on liquidity, 38% on profitability and 47% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · Figures for financial year 2024 (filed on 31-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €1.2m (88.1% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
180 days late
2022
70 days late
2021
75 days late
2020
89 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 105 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2024from €416,255 to €147,199 ▼ 64.6% View
  • Positive: Higher solvency than 92% of companies in legal and accountingsector median 32.9% · 1,713 companies 88.1% View
  • Positive: 7 profitable years in a rowprofit 2024: €147,199 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as GERMAIN-GENNART: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €1.2m and €1.5m, founded between 2003 and 2007.

CompanyTotal assetsGross margin
GERMAIN-GENNART Ukkel€1.4m€0.2m
THIBAUT WILLEMS Ukkel€1.5m€0.2m
Laurent MASSON, Avocat Sint-Pieters-Woluwe€1.2m€0.2m
M.V.R.V. Lier€1.3m€0.2m
Lieven Peeters Antwerpen€1.5m€0.2m
Dirk VAN HEUVEN Kortrijk€1.4m€0.2m
GEELHAND ADVOCAAT Brasschaat€1.5m€0.2m
Full comparison

Key facts about GERMAIN-GENNART

What is the company number of GERMAIN-GENNART?
The company number of GERMAIN-GENNART is 0872.970.702. The VAT number is the same number with BE in front: BE 0872.970.702.
Where is GERMAIN-GENNART based?
The registered office is at Sint-Jobsesteenweg 299, 1180 Ukkel.Company details
What does GERMAIN-GENNART do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of GERMAIN-GENNART?
The legal form of GERMAIN-GENNART is Private limited company (pre-2019) (BVBA).
When was GERMAIN-GENNART founded?
GERMAIN-GENNART was founded on 05-04-2005.
Is GERMAIN-GENNART still active?
Yes, GERMAIN-GENNART is an active enterprise in the KBO register.
What is the turnover of GERMAIN-GENNART?
The turnover in financial year 2024 is ≈ €390,000. This figure is estimated from the gross margin of €222,924 and 38 comparable companies (NACE 691). It probably lies between €310,000 and €580,000.Financials
Is GERMAIN-GENNART profitable?
In financial year 2024, GERMAIN-GENNART made a profit of €147,199.
Where can I find the annual accounts of GERMAIN-GENNART?
GERMAIN-GENNART filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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