Van Genechten
ActiveVan Genechten has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121.95M and a net result of €9.40M. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▲+3
Solvency100=
Growth64▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.27 against 2.39 in 2024; short-term debt: 3.7% and cash: 0.1% of total assets), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.3%
Return on assets
7.4%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2025
102 d early
2024
30 d early
2024
113 d early
2023
1 d early
2023
113 d early
2022
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema, statutory
Turnover
€11k=
2024 · €11k
2018: €10k
2019: €8k
2020: €10k
2022: €10k
2023: €11k
2024: €11k
2018 → 2025
EBIT margin
-2184.7%▼ 955.7pp
2024 · -1229.1%
2018: -970.0%
2019: -1132.2%
2020: -1060.1%
2022: -981.4%
2023: -866.5%
2024: -1229.1%
2018 → 2025
Net result
€9.40M▲ 90.0%
2024 · €4.95M
2018: €1.43M
2019: €1.44M
2020: €-78k
2021: €1.94M
2022: €2.72M
2023: €2.52M
2024: €4.95M
2018 → 2025
Working capital
€10.67M▲ 107%
2024 · €5.16M
2018: €3.54M
2019: €3.80M
2020: €3.23M
2021: €3.01M
2022: €3.12M
2023: €3.59M
2024: €5.16M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10k€11k▲ 5.0%€11k▲ 4.8%€11k=
Equity€114.45M-€114.35M▼ 0.1%€114.82M▲ 0.4%€116.39M▲ 1.4%€121.95M▲ 4.8%
Operating result€-77k-€-98k▼ 27.2%€-91k▲ 7.3%€-135k▼ 48.6%€-240k▼ 77.8%
Net result€1.94M-€2.72M▲ 40.0%€2.52M▼ 7.3%€4.95M▲ 96.3%€9.40M▲ 90.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €240k in 2025 against €135k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126.65M
Fixed assets
€111.28M=
Current assets
€15.37M▲ 73.2%
Equity and liabilities €126.65M
Equity
€121.95M▲ 4.8%
Debt
€4.70M▲ 26.5%
The debt ratio rises from 3.1% to 3.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-229k▼
2024 · €-125k
Cash flow
€9.41M▲
2024 · €4.96M
Solvency
96.3%▼
2024 · 96.9%
Current ratio
3.27▲
2024 · 2.39
Quick ratio
3.27▲
2024 · 2.39
Debt / equity
0.04▲
2024 · 0.03
ROE
7.7%▲
2024 · 4.2%
ROA
7.4%▲
2024 · 4.1%
Interest coverage
-11.42▼
2024 · -8.86
Debt
€4.70M▲
2024 · €3.71M
Debt ≤ 1 year
€4.70M▲
2024 · €3.71M
Income taxes
€0▲
2024 · €-5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€120.10M€126.65M▲
Fixed assets21/28€111.23M€111.28M=
Tangible fixed assets22/27€316k€347k▲
Land and buildings22€316k€347k▲
Financial fixed assets28€110.91M€110.93M=
Affiliated companies280/1€110.77M€110.79M=
Participating interests280€110.77M€110.79M=
Other financial fixed assets284/8€139k€139k=
Shares284€139k€139k=
Current assets29/58€8.88M€15.37M▲
Amounts receivable within one year40/41€5.01M€13.17M▲
Trade receivables40€73-
Other amounts receivable41€5.01M€13.17M▲
Current investments50/53€2.01M€2.01M=
Own shares50€2.01M€2.01M=
Cash at bank and in hand54/58€1.85M€85k▼
Deferred charges and accrued income490/1€10k€107k▲
Equity and liabilities
Total equity and liabilities10/49€120.10M€126.65M▲
Equity10/15€116.39M€121.95M▲
Contributions10/11€4.11M€4.11M=
Capital10€4.11M€4.11M=
Issued capital100€4.11M€4.11M=
Reserves13€110.71M€110.71M=
Non-distributable reserves130/1€2.42M€2.42M=
Legal reserve130€411k€411k=
Own shares acquired1312€2.01M€2.01M=
Tax-exempt reserves132€501k€501k=
Distributable reserves133€107.79M€107.79M=
Profit (loss) carried forward14€1.57M€7.13M▲
Amounts payable17/49€3.71M€4.70M▲
Amounts payable within one year42/48€3.71M€4.70M▲
Trade debts44€18k€29k▲
Suppliers440/4€18k€29k▲
Taxes, remuneration and social security45€1.01M€1.15M▲
Taxes450/3€1.01M€1.15M▲
Other amounts payable47/48€2.68M€3.52M▲
Income statement
Code20242025
Operating income70/76A€11k€11k=
Turnover70€11k€11k=
Operating charges60/66A€146k€251k▲
Services and other goods61€133k€157k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€80k
Operating profit (loss)9901€-135k€-240k▼
Financial income75/76B€5.09M€9.66M▲
Recurring financial income75€5.09M€9.66M▲
Income from financial fixed assets750€5.00M€9.50M▲
Income from current assets751-€158k
Other financial income752/9€91k-
Financial charges65/66B€14k€21k▲
Recurring financial charges65€14k€21k▲
Debt charges650-€20k
Other financial charges652/9€14k€1k▼
Profit (loss) for the period before taxes9903€4.94M€9.40M▲
Income taxes67/77€-5k€0▲
Taxes670/3-€0
Tax adjustments and reversals of tax provisions77€5k-
Profit (loss) for the period9904€4.95M€9.40M▲
Profit (loss) for the period to be appropriated9905€4.95M€9.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.95M€10.96M▲
Profit (loss) brought forward from the previous period14P-€1.57M
Profit to be distributed694/7€3.38M€3.83M▲
Return on contributions (dividend)694€3.38M€3.83M▲
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
30-06
Financial
Highest result since 2018net €9.40M ▲90%
Net result €9.40M, the highest in the series.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 3 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €1.94M
Net result €1.94M after one loss-making year.
2020
30-06
Financial
Weakest financial yearnet €-78k ▼105%
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-11-2025
Philippe de Somer: Resigned as Director
05-11-2024
De Somer Frederic: Resigned as Director
05-11-2024
Dimitri de Somer: Resigned as Director
01-01-2019
Johan Du Mongh: Resigned as Director
03-12-2015
Delfima BVBA: Resigned as Director
03-12-2015
John Boks: Resigned as Director
Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 1968
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.
Kempenlaan 62300 TurnhoutGround area
4.9 ha
Building footprint
3.1 ha
Volume, LiDAR
2,282 m³
2 parcels, Flanders · tallest building 22.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Raadsherenstraat 2, 2300 Turnhout
since 19682.004.721.665
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0924/00V002 | Flanders | 4.9 ha | 1 · 3.0 ha | - |
| 13453O0029/00T002 | Flanders | 271 m² | 1 · 271 m² | 22.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
3 subsidiariesSubsidiary:Van Genechten Biermans
Subsidiary:Van Genechten Packaging
Subsidiary:Van Genechten Packaging International
Recognitions · licences · registrations
Legal Entity Identifier
875500O9FU3L7BD6S390
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Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 10 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-05-1968
Fiscal year end31-12
Activities, NACEBEL
74501
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 83 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
4 convocationsExtraordinary general meeting
Agenda
1. Omzetting van de aandelen aan toonder in aandelen op naam. 2. Invoeging van een recht van voorkoop in voordeel van de bestaande aandelhouders. 3. Als gevolg van de omzetting van de aandelen aan toonder in aandelen op naam, wijziging van de bepalingen inzake de wijze van bijeenroeping van de algemene vergadering. 4. Aanpassing van de statuten om ze in overeenstemming te brengen met voorgaande agendapunten. 5. Bespreking van en toelichting bij de procedure inzake omzetting aandelen aan toonder in aandelen op naam. Oproeping tot de bijzondere algemene vergadering op 25 juli 2012, om 10 u. 30 m., op het adres te 2300 Turnhout, Raadsherenstraat 2, met agenda : 1. Verslag van de raad van bestuu ...
Extraordinary general meeting
Verslag raad van bestuur. Verslag bedrijfsrevior. Goedkeuring geconsolideerde jaarrekening over het boekjaar 2009. Divers. (AOPC11004891/08.07)
General meeting
Agenda
Verslag raad van bestuur. Verslag bedrijfsrevisor. Goedkeuring jaarrekening over het boekjaar 2008-2009. Bestemming resultaat. Kwijting bestuurders. Kwijting bedrijfsrevisor. Benoemingen. Varia. De
Extraordinary general meeting
Agenda
Verslag raad van bestuur. Verslag van de bedrijfsrevisor. Goedkeuring geconsolideerde jaarreke- ning per 31/12/2007. Diversen. De aandeelhouders worden verzocht zich te schikken naar de bepalingen van de statuten. (AXPC-1-8-07247/03.07)