GeniuSoft
Open bankruptcyA bankruptcy procedure is open for GeniuSoft according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €13k and a net result of €36k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 21-06-2023, 40 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
40 d early
2021
33 d early
2020
10 d early
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€13k
2021 · €-23k
2018: €31k
2019: €-571
2020: €-14k
2021: €-23k
2018 → 2022
Total assets
€70k▲ 46.6%
2021 · €48k
2018: €51k
2019: €30k
2020: €45k
2021: €48k
2018 → 2022
Net result
€36k
2021 · €-10k
2018: €2k
2019: €-32k
2020: €-13k
2021: €-10k
2018 → 2022
Working capital
€1k
2021 · €-25k
2018: €-3k
2019: €-22k
2020: €-20k
2021: €-25k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€31k-€-571€-14k▼ 2,294%€-23k▼ 69.8%€13k
Operating result€4k-€-31k€-13k▲ 58.6%€-9k▲ 28.0%€36k
Net result€2k-€-32k€-13k▲ 58.4%€-10k▲ 27.1%€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €36k after a loss of €9k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €70k
Fixed assets
€11k▲ 449%
Current assets
€58k▲ 28.2%
Equity and liabilities €70k
Equity
€13k
Debt
€57k
Debt finances 81.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€39k▲
2021 · €-2k
Cash flow
€38k▲
2021 · €-3k
Solvency
18.2%▲
2021 · -48.8%
Current ratio
1.02▲
2021 · 0.64
Quick ratio
1.02▲
2021 · 0.64
Debt / equity
4.49▲
2021 · -3.05
ROE
282.6%
ROA
51.5%▲
2021 · -20.1%
Interest coverage
250.07▲
2021 · -8.94
Debt
€57k▼
2021 · €71k
Debt ≤ 1 year
€57k▼
2021 · €71k
Income taxes
€366
Staff costs
€0▼
2021 · €204
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€48k€70k▲
Fixed assets21/28€2k€11k▲
Tangible fixed assets22/27€2k€11k▲
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26-€10k
Financial fixed assets28€500€500=
Current assets29/58€46k€58k▲
Amounts receivable within one year40/41€42k€44k▲
Trade receivables40€41k€42k▲
Other amounts receivable41€863€3k▲
Cash at bank and in hand54/58€3k€13k▲
Deferred charges and accrued income490/1€292€832▲
Equity and liabilities
Total equity and liabilities10/49€48k€70k▲
Equity10/15€-23k€13k▲
Contributions10/11€5k€5k=
Reserves13€13k€13k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Profit (loss) carried forward14€-42k€-6k▲
Amounts payable17/49€71k€57k▼
Amounts payable within one year42/48€71k€57k▼
Trade debts44€31k€35k▲
Suppliers440/4€31k€35k▲
Taxes, remuneration and social security45-€366
Taxes450/3-€366
Other amounts payable47/48€40k€22k▼
Income statement
Code20212022
Remuneration, social security and pensions62€204€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€990€1k▲
Gross operating margin9900€-1k€40k▲
Operating profit (loss)9901€-9k€36k▲
Financial income75/76B-€40
Recurring financial income75-€40
Financial charges65/66B€257€154▼
Recurring financial charges65€257€154▼
Profit (loss) for the period before taxes9903€-10k€36k▲
Income taxes67/77-€366
Profit (loss) for the period9904€-10k€36k▲
Profit (loss) for the period to be appropriated9905€-10k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-6k▲
Profit (loss) brought forward from the previous period14P€-32k€-42k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
23-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GENIUSOFT BV HOUT- STRAAT 88, 3890 GINGELOM · event 16-05-2024
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €36k
Net result €36k after 3 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €-32k ▼2181%
Net result drops to €-32k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gingelom · 1 establishment unit since 2015
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.
Houtstraat 883890 GingelomGround area
2,254 m²
Building footprint
113 m²
Volume, LiDAR
793 m³
2 parcels, Flanders, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GeniuSoft Office
since 20152.276.530.414
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71026C0036/00K000 | Flanders | 1,288 m² | 1 · 68 m² | 8.7 m · 2 fl. |
| 62007A0704/00F000 | Wallonia | 966 m² | 1 · 45 m² | 9.1 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARTINE CLAESEN MAASTRICHTERPOORT 13 BUS 1,
3740 BILZEN |
16-05-2024 → present |
| Curator | MARK HUYGEN MAASTRICHTERPOORT 13 BUS 1, 3740 BILZEN-
.
Co-Curator: ANNEMIE JAEKEN, GASTON GEENSLAAN 11
GEBOUW B4, 3001 01 LEUVEN- a.jaeken@vo.eu |
16-05-2024 → present |
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Of 16,886 companies in sector 62100 we hold annual accounts for 8,777. 4,941 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-03-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.