Active BE 0451.835.106Public limited company

PIERRE GENIN

Chaussée de Charleroi 32 ·5070 Fosses-la-Ville, Belgium· 32 yrs active

Sector: Other retail sale of new goods (47789)

Conclusion Checked

PIERRE GENIN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.72M and a net result of €372k. Its solvency ranks better than 87% of 873 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€1.72M
Net result	€372k
Better than sector	87%
Active	32 yrs

Financial profile 5 of 5 axes measured · computed by Checked

95 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 99

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1993, 32 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€170k

estimate, not credit advice

Score history

81 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.43 (≥ 1.5) +10

Quick ratio Quick ratio 1.30 (≥ 1.0) +5

Leverage Debt/equity 0.57 (< 1.0) +10

Profitability ROE 22% (≥ 10%) +10

Interest coverage Interest coverage 24.1× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview30 NBB filings

Annual accounts filed on 17-04-2025 with the NBB · fiscal year 2024 · full schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	63.6%	17.2%	better than 87% of 873 sector peers
Net result	€372k	€14k	better than 95% of 874 sector peers
Equity	€1.72M	€99k	better than 94% of 875 sector peers
Gross operating margin	€1.04M	€213k	better than 90% of 801 sector peers
Staff costs	€387k	€221k	higher than 68% of 721 sector peers

EBITDA

€629k

+289.5% 23-24

Net profit

€372k

+993.8% 23-24

Cash flow

€472k

+263.6% 23-24

Total assets

€2.70M

+6.2% 23-24

Equity

€1.72M

+16.9% 23-24

Working capital

€1.07M

+27.2% 23-24

Employees (FTE)

8

- 23-24

Staff costs

€387k

-20.7% 23-24

Income taxes

€135k

+1020.3% 23-24

Dividends

€120k

- 23-24

Debt

€982k

-8.4% 23-24

Debt ≤ 1y

€749k

-2.0% 23-24

Debt > 1y

€234k

-23.7% 23-24

Current ratio

2.43

+15.6% 23-24

Quick ratio

1.30

+30.1% 23-24

Solvency

63.6%

+10.0% 23-24

Debt / equity

0.57

-21.6% 23-24

ROE

21.7%

+836.1% 23-24

ROA

13.8%

+929.9% 23-24

Interest coverage

24.11

+272.5% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	full schema	full schema
Revenue	-	-
EBITDA	€629k	€161k
Net profit	€372k	€34k
Cash flow	€472k	€130k
Staff costs	€387k	€488k
Income taxes	€135k	€12k
Dividends	€120k	-
Total assets	€2.70M	€2.54M
Equity	€1.72M	€1.47M
Debt	€982k	€1.07M
of which ≤ 1y	€749k	€764k
of which > 1y	€234k	€306k
Working capital	€1.07M	€844k
Employees (FTE)	-	8.4

Ratios (computed)

	2024	2023
Current ratio	2.43	2.11
Quick ratio	1.30	1.00
Working capital ratio	39.8%	33.2%
Solvency	63.6%	57.8%
Debt / equity	0.57	0.73
Long-term debt ratio	0.14	0.21
Interest coverage	24.11	6.47
Gross margin	-	-
Net margin	-	-
ROA	13.8%	1.3%
ROE	21.7%	2.3%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €878k · 32.5% Current assets €1.82M · 67.5%

Equity & liabilities

Equity €1.72M · 63.6% Debt €982k · 36.4%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.70M	€2.54M
Fixed assets	21/28	€878k	€934k
Intangible fixed assets	21	€0	-
Tangible fixed assets	22/27	€877k	€933k
Financial fixed assets	28	€727	€727
Current assets	29/58	€1.82M	€1.61M
Stocks & contracts in progress	3	€849k	€844k
Amounts receivable within one year	40/41	€582k	€504k
Cash & bank	54/58	€391k	€260k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.70M	€2.54M
Equity	10/15	€1.72M	€1.47M
Contributions / capital	10/11	€101k	€101k
Reserves	13	€10k	€10k
Accumulated profits (losses)	14	€1.57M	€1.32M
Amounts payable	17/49	€982k	€1.07M
Amounts payable after one year	17	€234k	€306k
Amounts payable within one year	42/48	€749k	€764k
Trade debts payable within one year	44	€256k	€327k
Income statement
Gross operating margin	9900	€1.04M	€672k
Operating result	9901	€529k	€66k
Financial income	75	€5k	€5k
Financial charges	65	€26k	€25k
Result before taxes	9903	€507k	€46k
Income taxes	67/77	€135k	€12k
Net result for the period	9904	€372k	€34k
Result to be appropriated	9905	€372k	€34k

Legal Structure

NACE primary	Other retail sale of new goods(47789)
Legal form	Public limited company(014)
Incorporation	30-12-1993
Status	Active
Postal code	5070

Establishment units 1 location

Chaussée de Charleroi 32, 5070 Fosses-la-Ville

NACE 29322

since 19942.065.879.076

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92048G0083/00F000	Wallonia	7,877 m²	1 · 658 m²	9.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

2025

17-04