GENDEBIEN INVEST
ActiveGENDEBIEN INVEST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-18k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 6906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
12
/ 100
Critical▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency23▼-19
Growth38=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.06 in 2024), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2025Solvency, return and age of the figures
Solvency
23.4%
Return on assets
-10.5%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year -€18k
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 06-06-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
42 d early
2023
63 d early
2022
55 d early
2021
40 d early
2020
31 d late
2018
44 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€29▼ 99.5%
2024 · €5k
2022: €47k
2023: €8k
2024: €5k
2022 → 2025
EBIT margin
-60986.2%▼ 60782.2pp
2024 · -204.0%
2022: -28.0%
2023: -452.4%
2024: -204.0%
2022 → 2025
Net result
€-18k▼ 63.4%
2024 · €-11k
2018: €-25k
2020: €18k
2021: €7k
2022: €-13k
2023: €-36k
2024: €-11k
2018 → 2025
Working capital
€-124k▼ 16.7%
2024 · €-106k
2018: €31k
2020: €-47k
2021: €-55k
2022: €-63k
2023: €-95k
2024: €-106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€47k€8k▼ 82.9%€5k▼ 33.2%€29▼ 99.5%
Equity€117k-€104k▼ 11.1%€68k▼ 34.5%€57k▼ 15.9%€40k▼ 30.9%
Operating result€7k-€-13k€-36k▼ 175%€-11k▲ 69.9%€-18k▼ 63.4%
Net result€7k-€-13k€-36k▼ 175%€-11k▲ 69.9%€-18k▼ 63.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €11k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€163k=
Current assets
€6k▼ 17.8%
Equity and liabilities €169k
Equity
€40k▼ 30.9%
Debt
€129k▲ 14.5%
The debt ratio rises from 66.3% to 76.6%: debt grows while equity shrinks.
Key figures and ratios
Solvency
23.4%▼
2024 · 33.7%
Current ratio
0.05▼
2024 · 0.06
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
3.27▲
2024 · 1.97
ROE
-44.7%▼
2024 · -18.9%
ROA
-10.5%▼
2024 · -6.4%
Debt
€129k▲
2024 · €113k
Debt ≤ 1 year
€129k▲
2024 · €113k
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€170k€169k▼
Fixed assets21/28€163k€163k=
Tangible fixed assets22/27€163k€163k=
Land and buildings22€153k€152k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€6k€6k=
Financial fixed assets28€160€160=
Current assets29/58€7k€6k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€1k€1k▲
Other amounts receivable41€881€271▼
Current investments50/53€0-
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€170k€169k▼
Equity10/15€57k€40k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€44k€44k=
Non-distributable reserves130/1€44k€44k=
Legal reserve130€44k€44k=
Profit (loss) carried forward14€-111k€-128k▼
Amounts payable17/49€113k€129k▲
Amounts payable within one year42/48€113k€129k▲
Trade debts44€19k€32k▲
Suppliers440/4€19k€32k▲
Taxes, remuneration and social security45€833€833=
Remuneration and social security454/9€833€833=
Other amounts payable47/48€93k€97k▲
Income statement
Code20242025
Turnover70€5k€29▼
Goods, raw materials, services and sundry goods60/61€16k€7k▼
Other operating charges640/8€4k€11k▲
Gross operating margin9900€-7k€-7k▼
Operating profit (loss)9901€-11k€-18k▼
Financial charges65/66B€2€2=
Recurring financial charges65€2€2=
Profit (loss) for the period before taxes9903€-11k€-18k▼
Profit (loss) for the period9904€-11k€-18k▼
Profit (loss) for the period to be appropriated9905€-11k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-128k▼
Profit (loss) brought forward from the previous period14P€-100k€-111k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2012
09-03
State Gazette act
General meeting · Share cancellation
Capital · Merger · Gérard INDEKEU
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
1 director, last change in 2025
GENDEBIEN Louis
CurrentDirector · since 04-02-2025
04-02-2025
Appointed as Director
Not every act has been read: a resignation may be missing here
5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hoeilaart · 1 establishment unit since 2001
Ground area
4,628 m²
Building footprint
1,163 m²
Volume, LiDAR
9,002 m³
2 parcels, Brussels, Flanders · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GENDEBIEN INVEST
since 20012.094.183.973
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033B1093/00E002 | Flanders | 3,124 m² | 1 · 459 m² | 13.1 m · 2 fl. |
| 21682C0053/00L002 | Brussels | 1,503 m² | 1 · 705 m² | 15.5 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
Ownership & control
1 partyGENDEBIEN INVESTBE 0473.289.427
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 9,804 companies in sector 73110 we hold annual accounts for 3,724. 2,914 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-11-2000
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.