ReGenesys
ActiveSummary
For ReGenesys, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (€-5.04M) and a net result of €-2.96M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 219 sector peers (fiscal year 2021). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth28▼-17
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2021Solvency, return and age of the figures
Solvency
-790.4%
Return on assets
-465%
Age of the figures
57 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2023, 422 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
422 d late
2020
11 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€1.00M▼ 10.1%
2020 · €1.12M
2018: €1.15Mhighest in 4 years
2019: €898k▼ -21.8% vs 2018lowest in 4 years
2020: €1.12M▲ +24.3% vs 2019
2021: €1.00M▼ -10.1% vs 2020
2018 → 2021
EBIT margin
-281.6%▼ 12.6pp
2020 · -269.0%
2018: -170.0%highest in 4 years
2019: -256.3%▼ -50.8% vs 2018
2020: -269.0%▼ -5.0% vs 2019
2021: -281.6%▼ -4.7% vs 2020lowest in 4 years
2018 → 2021
Net result
€-2.96M▲ 1.3%
2020 · €-3.00M
2018: €-1.92Mhighest in 4 years
2019: €-2.35M▼ -22.4% vs 2018
2020: €-3.00M▼ -27.7% vs 2019lowest in 4 years
2021: €-2.96M▲ +1.3% vs 2020
2018 → 2021
Working capital
€-5.25M▼ 110%
2020 · €-2.50M
2018: €-3.42M
2019: €241k▲ +107% vs 2018highest in 4 years
2020: €-2.50M▼ -1136% vs 2019
2021: €-5.25M▼ -110% vs 2020lowest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€1.15M-€898k▼ 21.8%€1.12M▲ 24.3%€1.00M▼ 10.1%
2018: €1.15Mhighest in 4 years
2019: €898k▼ -21.8% vs 2018lowest in 4 years
2020: €1.12M▲ +24.3% vs 2019
2021: €1.00M▼ -10.1% vs 2020
Equity€-2.13M-€929k€-2.07M€-5.04M▼ 143%
2018: €-2.13M
2019: €929k▲ +144% vs 2018highest in 4 years
2020: €-2.07M▼ -323% vs 2019
2021: €-5.04M▼ -143% vs 2020lowest in 4 years
Operating result€-1.95M-€-2.30M▼ 17.9%€-3.00M▼ 30.5%€-2.83M▲ 5.9%
2018: €-1.95Mhighest in 4 years
2019: €-2.30M▼ -17.9% vs 2018
2020: €-3.00M▼ -30.5% vs 2019lowest in 4 years
2021: €-2.83M▲ +5.9% vs 2020
Net result€-1.92M-€-2.35M▼ 22.4%€-3.00M▼ 27.7%€-2.96M▲ 1.3%
2018: €-1.92Mhighest in 4 years
2019: €-2.35M▼ -22.4% vs 2018
2020: €-3.00M▼ -27.7% vs 2019lowest in 4 years
2021: €-2.96M▲ +1.3% vs 2020
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.83M in 2021 against €3.00M in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €637k
Fixed assets
€261k ▼ 47.0%
Current assets
€377k ▼ 20.1%
Key figures and ratios
EBITDA
€-2.61M▲
2020 · €-2.73M
Cash flow
€-2.75M▼
2020 · €-2.73M
Solvency
-790.4%▼
2020 · -215.3%
Current ratio
0.07▼
2020 · 0.16
Debt to equity
-1.13
ROA
-465.0%▼
2020 · -311.8%
Interest coverage
-21.63
Debt
€5.67M▲
2020 · €3.04M
Debt ≤ 1 year
€5.62M▲
2020 · €2.97M
Income taxes
€-44k▼
2020 · €-36k
Staff costs
€1.25M
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 · 56 lines
Balance sheet
Code20202021
Assets
Total assets20/58€963k€637k▼
Fixed assets21/28€491k€261k▼
Tangible fixed assets22/27€409k€239k▼
Plant, machinery and equipment23-€211k
Furniture and vehicles24-€12k
Other tangible fixed assets26-€16k
Financial fixed assets28€82k€21k▼
Affiliated companies280/1-€1
Participating interests280-€1
Other financial fixed assets284/8-€21k
Amounts receivable and cash guarantees285/8-€21k
Current assets29/58€472k€377k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€212k€181k▼
Trade receivables40-€10k
Other amounts receivable41-€171k
Cash at bank and in hand54/58€110k€116k▲
Deferred charges and accrued income490/1-€80k
Equity and liabilities
Total equity and liabilities10/49€963k€637k▼
Equity10/15€-2.07M€-5.04M▼
Contributions10/11-€1.00M
Profit (loss) carried forward14€-3.07M€-6.04M▼
Amounts payable17/49€3.04M€5.67M▲
Amounts payable within one year42/48€2.97M€5.62M▲
Trade debts44€282k€371k▲
Suppliers440/4-€371k
Taxes, remuneration and social security45-€137k
Remuneration and social security454/9-€137k
Other amounts payable47/48-€5.12M
Accrued charges and deferred income492/3-€51k
Income statement
Code20202021
Operating income70/76A-€1.21M
Turnover70€1.12M€1.00M▼
Other operating income74-€207k
Non-recurring operating income76A-€0
Operating charges60/66A-€4.04M
Services and other goods61-€2.57M
Remuneration, social security and pensions62-€1.25M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€272k€211k▼
Other operating charges640/8-€2k
Operating profit (loss)9901€-3.00M€-2.83M▲
Financial income75/76B-€50
Recurring financial income75€50€50=
Other financial income752/9-€50
Financial charges65/66B-€182k
Recurring financial charges65€34k€121k▲
Debt charges650€0-
Other financial charges652/9-€121k
Non-recurring financial charges66B-€61k
Profit (loss) for the period before taxes9903€-3.04M€-3.01M▲
Income taxes67/77€-36k€-44k▼
Tax adjustments and reversals of tax provisions77-€44k
Profit (loss) for the period9904€-3.00M€-2.96M▲
Profit (loss) for the period to be appropriated9905€-3.00M€-2.96M▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-6.04M
Profit (loss) brought forward from the previous period14P-€-3.07M
Social balance
Average headcount (FTE)9087-13.2
The notes to these accounts (49 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €1.21M | - |
| Turnover70 | €1.15M | €898k | €1.12M | €1.00M | ▼ 10.1% |
| Other operating income74 | - | - | - | €207k | - |
| Non-recurring operating income76A | - | - | - | €0 | - |
| Operating charges60/66A | - | - | - | €4.04M | - |
| Services and other goods61 | - | - | - | €2.57M | - |
| Remuneration, social security and pensions62 | - | - | - | €1.25M | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €491k | €404k | €272k | €211k | ▼ 22.6% |
| Other operating charges640/8 | - | - | - | €2k | - |
| Operating profit (loss)9901 | €-1.95M | €-2.30M | €-3.00M | €-2.83M | ▲ 5.9% |
| Financial income75/76B | - | - | - | €50 | - |
| Recurring financial income75 | €86k | €44k | €50 | €50 | = |
| Other financial income752/9 | - | - | - | €50 | - |
| Financial charges65/66B | - | - | - | €182k | - |
| Recurring financial charges65 | €100k | €130k | €34k | €121k | ▲ 253% |
| Debt charges650 | €89k | €122k | €0 | - | - |
| Other financial charges652/9 | - | - | - | €121k | - |
| Non-recurring financial charges66B | - | - | - | €61k | - |
| Profit (loss) for the period before taxes9903 | €-1.97M | €-2.39M | €-3.04M | €-3.01M | ▲ 1.0% |
| Income taxes67/77 | €-46k | €-37k | €-36k | €-44k | ▼ 24.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €44k | - |
| Profit (loss) for the period9904 | €-1.92M | €-2.35M | €-3.00M | €-2.96M | ▲ 1.3% |
| Profit (loss) for the period to be appropriated9905 | €-1.92M | €-2.35M | €-3.00M | €-2.96M | ▲ 1.3% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.93M | €1.55M | €963k | €637k | ▼ 33.8% |
| Fixed assets21/28 | €1.36M | €746k | €491k | €261k | ▼ 47.0% |
| Intangible fixed assets21 | €83k | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.19M | €664k | €409k | €239k | ▼ 41.5% |
| Plant, machinery and equipment23 | - | - | - | €211k | - |
| Furniture and vehicles24 | - | - | - | €12k | - |
| Other tangible fixed assets26 | - | - | - | €16k | - |
| Financial fixed assets28 | €82k | €82k | €82k | €21k | ▼ 74.0% |
| Affiliated companies280/1 | - | - | - | €1 | - |
| Participating interests280 | - | - | - | €1 | - |
| Other financial fixed assets284/8 | - | - | - | €21k | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €21k | - |
| Current assets29/58 | €577k | €806k | €472k | €377k | ▼ 20.1% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €249k | €168k | €212k | €181k | ▼ 14.8% |
| Trade receivables40 | - | - | - | €10k | - |
| Other amounts receivable41 | - | - | - | €171k | - |
| Cash at bank and in hand54/58 | €228k | €536k | €110k | €116k | ▲ 5.4% |
| Deferred charges and accrued income490/1 | - | - | - | €80k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.93M | €1.55M | €963k | €637k | ▼ 33.8% |
| Equity10/15 | €-2.13M | €929k | €-2.07M | €-5.04M | ▼ 143% |
| Contributions10/11 | €300k | €1.00M | - | €1.00M | - |
| Profit (loss) carried forward14 | €-2.47M | €-71k | €-3.07M | €-6.04M | ▼ 96.4% |
| Amounts payable17/49 | €4.07M | €623k | €3.04M | €5.67M | ▲ 86.9% |
| Amounts payable within one year42/48 | €4.00M | €564k | €2.97M | €5.62M | ▲ 89.2% |
| Trade debts44 | €238k | €391k | €282k | €371k | ▲ 31.7% |
| Suppliers440/4 | - | - | - | €371k | - |
| Taxes, remuneration and social security45 | - | - | - | €137k | - |
| Remuneration and social security454/9 | - | - | - | €137k | - |
| Other amounts payable47/48 | - | - | - | €5.12M | - |
| Accrued charges and deferred income492/3 | - | - | - | €51k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.92M | €-2.35M | €-3.00M | €-2.96M | ▲ 1.3% |
| + Depreciation and write-downs630 | €491k | €404k | €272k | €211k | ▼ 22.6% |
| Operating cash flow (approximation) | €-1.43M | €-1.95M | €-2.73M | €-2.75M | ▼ 0.8% |
| Investment in fixed assets (approximation) | - | €206k | €-17k | €20k | ▲ 214% |
| Change in cash | - | €308k | €-427k | €6k | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 422 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial
Weakest financial yearnet €-3.00M
Net result drops to €-3.00M, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 10current ratio 1.43
Current ratio from 0.14 to 1.43; short-term debt falls from €4.00M to €564k.
31-12
Financial
Equity above €500kEq €929k
Equity rises from €-2.13M to €929k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 88 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
15-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 26 acts read
About the unread acts
We know of 26 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
26 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, Leuven · 1 establishment unit since 2006
Ground area
7,000 m²
Building footprint
1,139 m²
Volume, LiDAR
15,081 m³
Parcel 24040B0201/00H002, Flanders · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
1 establishment unit
ReGenesys
since 20062.152.760.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040B0201/00H002 | Flanders | 7,000 m² | 1 · 1,139 m² | 17.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 762 companies in sector 72101 we hold annual accounts for 481. 307 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
72101Research and development on biotechnology
Scores and ratios are computed by Checked and are not a credit decision.