Financials
- Financial year
- 2024
- Total assets
- €3,708
- Loss
- -€704
- Solvency
- 78.2%
Total assets▼ 7.2%
Net result
20222024
GENCO B
ActiveSummary
The computed 12-month bankruptcy probability of GENCO B is 13.0% (high). For GENCO B, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €2,899 and a net result of -€704. Equity is shrinking by about 127% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 86% of 25,595 sector peers (NACE 47, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Retail trade
NACE 47715Retail sale of household textiles and bedding NACE 47512
4 sites
Size
€3,708total assets 2024
- Equity
- €2,899
- Loss
- -€704
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 13.0%
2024 figures too old to score
Signalsraises riskFigures for financial year 2024 (filed 05-12-2024)1 change of registered office in 24 monthsEx-officio strike-off in the KBO1 financial year not filed after the legal deadlineAnnual accounts not filedAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Average
Solvency
100=
equity 78.2% of total assets
Liquidity
93-7
short-term debt 21.8% · cash 52.8%
Profitability
0=
return on assets -19.0%
Bankruptcy probability, 12 months
13.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.6%▼ -0.1 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.5%▼ -0.1 percentage points vs 09-2025lowest value
11-2025: 1.3%▲ +0.8 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.4%▲ +0.1 percentage points vs 12-2025
02-2026: 4.0%▲ +2.6 percentage points vs 01-2026
03-2026: 4.7%▲ +0.7 percentage points vs 02-2026
04-2026: 9.0%▲ +4.3 percentage points vs 03-2026
05-2026: 9.4%▲ +0.4 percentage points vs 04-2026
06-2026: 10.6%▲ +1.2 percentage points vs 05-2026
07-2026: 13.4%▲ +2.8 percentage points vs 06-2026
08-2026: 13.4%● unchanged vs 07-2026
09-2026: 13.8%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 13.0%▼ -0.8 percentage points vs 09-2026
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Signals
Seven signals.
raises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 258 days later.
NBB · 3 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-12-2024, 58 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
58 days early
2023
51 days early
2022
63 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 57 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
- Address strikeout annulledKBO administration
- Address struckLt. Graffplein 15 1780 L’adresse…
- Resignation: Genç Baran (director)Appointment: Majid Ali (director) ·…
Key points
- Risk: Accounts not fileddeadline was 31-01-2026 258 days late View
- Positive: Among the best 14% on solvencysector median 32.3% · 25,595 companies 78.2% View
- Caution: A director leftlatest change 21-10-2025 · 1 in office 1 left View
- Caution: 2 loss-making years in a rowloss financial year 2024 -€704 View
By topic
Board & ownership
- Board
- 1 member
- Majid AliDirector
Timeline
- Events
- 7
- Since
- 2022
- 04-12-2024Annual accounts filed
- 11-12-2023Annual accounts filed
- 30-06-2023Weakest financial year
Company details
- Sites
- 4
- Legal form
- Private limited company
- Activity
- Retail tradeNACE 47715
- Founded
- 24-09-2020
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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