GENCOR
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 07-09-2021 was due by 07-04-2022 and was filed on 03-05-2022, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2021
26 d late
2020
31 d early
2019
79 d early
2018
31 d late
2017
61 d late
2016
on the day
2015
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€1.37M▲ 57.9%
2018 · €871k
2018: €871k
2018 → 2019
Total assets
€8.72M▲ 2.0%
2018 · €8.55M
2018: €8.55M
2018 → 2019
Net result
€504k
2018 · €-273k
2018: €-273k
2018 → 2019
Working capital
€376k▲ 454%
2018 · €68k
2018: €68k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€871k-€1.37M▲ 57.9%
Operating result€78k-€688k▲ 785%
Net result€-273k-€504k
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 rises in 2019; 2019 is 785% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €8.72M
Fixed assets
€7.50M ▼ 1.4%
Current assets
€1.22M ▲ 30.4%
Equity and liabilities €8.72M
Equity
€1.37M ▲ 57.9%
Debt
€7.35M ▼ 4.3%
Debt's share of the balance-sheet total falls from 89.8% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.05M▲
2018 · €441k
Cash flow
€867k▲
2018 · €90k
Current ratio
1.45▲
2018 · 1.08
Debt to equity
4.47▼
2018 · 7.39
ROE
36.7%▲
2018 · -31.4%
ROA
5.8%▲
2018 · -3.2%
Debt ≤ 1 year
€841k▼
2018 · €866k
Debt > 1 year
€6.15M▼
2018 · €6.44M
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 · 2019 against 2018 · 24 lines
Balance sheet
Code20182019
Assets
Total assets20/58€8.55M€8.72M▲
Fixed assets21/28€7.61M€7.50M▼
Tangible fixed assets22/27€7.61M€7.50M▼
Financial fixed assets28€46€46=
Current assets29/58€933k€1.22M▲
Amounts receivable within one year40/41€757k€917k▲
Cash at bank and in hand54/58€177k€55k▼
Equity and liabilities
Total equity and liabilities10/49€8.55M€8.72M▲
Equity10/15€871k€1.37M▲
Contributions10/11€62k€62k=
Reserves13€6k€510k▲
Profit (loss) carried forward14€803k€803k=
Amounts payable17/49€7.68M€7.35M▼
Amounts payable after more than one year17€6.44M€6.15M▼
Amounts payable within one year42/48€866k€841k▼
Trade debts44€20k€45k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€363k€363k▲
Gross operating margin9900€-85k€1.13M▲
Operating profit (loss)9901€78k€688k▲
Recurring financial income75€186k€20k▼
Recurring financial charges65€537k€190k▼
Profit (loss) for the period before taxes9903€-273k€504k▲
Profit (loss) for the period9904€-273k€504k▲
Profit (loss) for the period to be appropriated9905€-273k€504k▲
Timeline · acts, filings and financial milestones
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
28-09
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney · Eric De Bie
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
State Gazette act
Merger · Corporate purpose
Accounting effect · Real estate
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €504k
Net result €504k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.37M ▲57.9%
Equity rises from €871k to €1.37M.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
06-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 6 days late
2014
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
PRIVILEGED PROPERTY LUX I S.A.
Leudelange, Luxembourg
controls
GENCORBE 0475.805.091
Acquisitions and mergers
1 transactionTaken over by:INTERVEST OFFICES & WAREHOUSES
Recognitions · licences · registrations
Legal Entity Identifier
549300X3YEO4XOYOD178