GENERATION4
The computed 12-month bankruptcy probability of GENERATION4 is 0.6% (low). The 2024 annual accounts show negative equity (€-16k) and a net result of €-62k. Its solvency ranks better than 8% of 1396 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-16k |
| Net result | €-62k |
| Staff (FTE) | 2 |
| Better than sector | 8% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -2.4% | 43.5% | |
| Net result | €-62k | €42k | |
| Equity | €-16k | €163k | |
| Gross operating margin | €181k | €72k | |
| Staff costs | €148k | €107k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €33k |
| Net profit | €-62k |
| Cash flow | €-2k |
| Staff costs | €148k |
| Income taxes | €672 |
| Dividends | - |
| Total assets | €665k |
| Equity | €-16k |
| Debt | €681k |
| of which ≤ 1y | €589k |
| of which > 1y | €92k |
| Working capital | €-465k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.21 |
| Quick ratio | 0.21 |
| Working capital ratio | -69.8% |
| Solvency | -2.4% |
| Debt / equity | -42.71 |
| Long-term debt ratio | -5.79 |
| Interest coverage | 0.96 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.3% |
| ROE | 387.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €665k |
| Fixed assets | 21/28 | €532k |
| Formation expenses | 20 | €10k |
| Intangible fixed assets | 21 | €19k |
| Tangible fixed assets | 22/27 | €200k |
| Financial fixed assets | 28 | €312k |
| Current assets | 29/58 | €124k |
| Amounts receivable within one year | 40/41 | €92k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €665k |
| Equity | 10/15 | €-16k |
| Contributions / capital | 10/11 | €400k |
| Accumulated profits (losses) | 14 | €-416k |
| Amounts payable | 17/49 | €681k |
| Amounts payable after one year | 17 | €92k |
| Amounts payable within one year | 42/48 | €589k |
| Trade debts payable within one year | 44 | €60k |
| Income statement | ||
| Gross operating margin | 9900 | €181k |
| Operating result | 9901 | €-27k |
| Financial charges | 65 | €34k |
| Result before taxes | 9903 | €-61k |
| Income taxes | 67/77 | €672 |
| Net result for the period | 9904 | €-62k |
| Result to be appropriated | 9905 | €-62k |
| NACE primary | Head office activities(70100) |
| Legal form | Public limited company(014) |
| Incorporation | 29-08-2022 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2756/02F002 | Flanders | 4,237 m² | 1 · 1,979 m² | 21.2 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-01-2025 3 directors appointed
- FINVISION Bedrijfsrevisoren Waasland B.V., Commissaris
- Geert Van Hemelryck, Vaste vertegenwoordiger
- Tom Van Geystelen, Vaste vertegenwoordiger
Technical details
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"country": "BE",
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"statutory": "statutair",
"compensated": null,
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"evidence_quote": "Tijdens de bijzondere Algemene vergadering bijeengekomen op 3 december 2024 wordt de volgende beslissing genomen: De vergadering heeft met eenparigheid van stemmen besloten om tot commissaris van de vennootschap te benoemen: FINVISION Bedrijfsrevisoren Waasland B.V. met O.N.0876.661.947 - IBR nr. B ",
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],
"notary": {
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"office_city": "Gent",
"is_associated": false
},
"act_meta": {
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"pub_date": "2025-01-13",
"filing_date": "2024-12-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0790.196.444",
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"legal_form": "NAAMLOZE VENNOOTSCHAP"
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"co_filed_documents": [],
"corrected_publication_numac": null
}28-10-2022 Registered office moved to Gent
- Stapelplein 70 bus 105 - 9000 Gent
Technical details
{
"events": [
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"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Stapelplein 70 bus 105 - 9000 Gent",
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"region": "vlaams_gewest",
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"street_number": "70",
"locality_suffix": null
},
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"effective_date": "2022-10-17",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "missing",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
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"act_meta": {
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"person_name": "Mevrouw Tine Vannoote",
"org_rep_person_name": null,
"person_role_at_subject": "Gedelegeerd Bestuurder"
},
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GENERATION4 |