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’t Genieterken

Active
Private limited companyfounded 20215 yrs activeKerkstraat 43, 1790 Affligem, BelgiumKBO/BCE: BE 0761.829.684
Summary

The computed 12-month bankruptcy probability of ’t Genieterken is 3.3% (moderate). The 2025 annual accounts show equity of €66k and a net result of €20k. Equity is growing by ~36.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 13305 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+10
Solvency69▲+18
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.89 in 2024; short-term debt: 48.9% and cash: 46.2% of total assets), and 55.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.2%
Return on assets
13.6%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
16 d early
2024
31 d early
2023
6 d late
2022
31 d late
2021
30 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€66k▲ 44.4%
2024 · €45k
2021: €9k 2022: €21k 2023: €34k 2024: €45k
2021 → 2025
Total assets
€148k▼ 15.0%
2024 · €175k
2021: €106k 2022: €132k 2023: €182k 2024: €175k
2021 → 2025
Net result
€20k▲ 70.5%
2024 · €12k
2021: €4k 2022: €12k 2023: €12k 2024: €12k
2021 → 2025
Working capital
€14k
2024 · €-9k
2021: €-32k 2022: €-14k 2023: €-30k 2024: €-9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€9k-€21k▲ 128%€34k▲ 58.8%€45k▲ 35.2%€66k▲ 44.4%
Operating result€7k-€17k▲ 167%€22k▲ 26.0%€24k▲ 11.2%€33k▲ 36.5%
Net result€4k-€12k▲ 177%€12k▲ 4.6%€12k▼ 5.0%€20k▲ 70.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €7k€7kNet result 2021: €4k€4kOperating result 2022: €17k€17kNet result 2022: €12k€12kOperating result 2023: €22k€22kNet result 2023: €12k€12kOperating result 2024: €24k€24kNet result 2024: €12k€12kOperating result 2025: €33k€33kNet result 2025: €20k€20k20212022202320242025€0€10k€20k€30kOperating result 2023: €22k€22kNet result 2023: €12k€12kOperating result 2024: €24k€24kNet result 2024: €12k€12kOperating result 2025: €33k€33kNet result 2025: €20k€20k202320242025
The operating result has risen four years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets €61k ▼ 39.1%
Current assets €87k ▲ 18.0%
Equity and liabilities €148k
Equity €66k ▲ 44.4%
Debt €83k ▼ 35.8%
Debt's share of the balance-sheet total falls from 73.9% to 55.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49k
2024 · €47k
Cash flow
€36k
2024 · €35k
Current ratio
1.20
2024 · 0.89
Quick ratio
1.10
2024 · 0.81
Debt to equity
1.26
2024 · 2.84
ROE
30.7%
2024 · 26.0%
ROA
13.6%
2024 · 6.8%
Interest coverage
11.12
2024 · 5.86
Debt ≤ 1 year
€73k
2024 · €83k
Debt > 1 year
€10k
2024 · €46k
Income taxes
€9k
2024 · €5k
Staff costs
€203k
2024 · €173k
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 · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€175k€148k
Fixed assets21/28€101k€61k
Tangible fixed assets22/27€101k€61k
Land and buildings22€17k€16k
Plant, machinery and equipment23€17k€14k
Furniture and vehicles24€27k€718
Other tangible fixed assets26€40k€31k
Financial fixed assets28€200€200=
Current assets29/58€74k€87k
Stocks and contracts in progress3€7k€7k
Stocks30/36€7k€7k
Amounts receivable within one year40/41€35k€10k
Trade receivables40€20k-
Other amounts receivable41€15k€10k
Cash at bank and in hand54/58€31k€69k
Deferred charges and accrued income490/1€929€1k
Equity and liabilities
Total equity and liabilities10/49€175k€148k
Equity10/15€45k€66k
Contributions10/11€5k€5k=
Reserves13€40k€61k
Distributable reserves133€40k€61k
Amounts payable17/49€129k€83k
Amounts payable after more than one year17€46k€10k
Financial debts170/4€46k€10k
Amounts payable within one year42/48€83k€73k
Current portion of amounts payable after more than one year42€22k€12k
Trade debts44€17k€26k
Suppliers440/4€17k€26k
Taxes, remuneration and social security45€26k€22k
Taxes450/3€2k€321
Remuneration and social security454/9€24k€21k
Other amounts payable47/48€17k€13k
Income statement Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€173k€203k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€15k
Other operating charges640/8€3k€2k
Non-recurring operating charges66A€545-
Gross operating margin9900€224k€254k
Operating profit (loss)9901€24k€33k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€8k€4k
Recurring financial charges65€8k€4k
Profit (loss) for the period before taxes9903€16k€29k
Income taxes67/77€5k€9k
Profit (loss) for the period9904€12k€20k
Profit (loss) for the period to be appropriated9905€12k€20k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€20k
Transfer to equity691/2€12k€20k
To other reserves6921€12k€20k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2021net €20k ▲70.5%
Operating result €33k, net result €20k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Affligem · 1 establishment unit since 2021
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.

Kerkstraat 431790 Affligem
Ground area
1,047 m²
Building footprint
174 m²
Volume, LiDAR
799 m³
Parcel 23030D0134/00C000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
’t Genieterken
Kerkstraat 43, 1790 AffligemManufacture of food products
since 20212.312.890.566
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23030D0134/00C000 Flanders 1,047 m² 1 · 174 m² 7.1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Affligem2.312.890.566
2 permissions
Toelating · Ambulante eetgelegenheid · since 19-03-2021
Toelating · Frituur · since 19-03-2021

Similar companies · same sector, comparable size

Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,210 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:Velleman.mathias@hotmail.be
Enterprise