OPENING OF BANKRUPTCY

Genisol

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Financial year 2024 · closed on 31/12/2024

Net result

-1,8 M €

-741.0% YoY

Revenue

3 M €

-54.6% YoY

Equity

-1,3 M €

-336.0% YoY

Workforce

35,3 ETP

-15.6% YoY

Company — Opening of bankruptcy.

What does Genisol do?

Genisol is a Public limited company incorporated in 1981. Its registered office is in Evergem. It employs on average 35,3 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0422.099.854

Incorporation

06/11/1981

Legal form

Public limited company

Registered office

Rabotstraat 113
9940 Evergem · FlandreSee on map

Contributed capital

1 525 000,00 €

Latest accounts

31/12/2024

Average workforce

35,3 ETP

Joint committees (3)

Signals

Good liquidityHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	3 M €	-54.6%	6,7 M €	-26.0%	9,1 M €	+37.4%	6,6 M €	-3.2%	6,8 M €	-17.8%	8,3 M €	-16.1%	9,9 M €	-8.8%	10,8 M €	-14.2%	12,6 M €	+4.8%	12 M €	-1.6%	12,2 M €	-19.8%	15,2 M €	+15.5%	13,2 M €	+17.0%	11,3 M €	+13.5%	9,9 M €	+6.7%	9,3 M €	+13.3%	8,2 M €	+17.2%	7 M €
EBITDA	-1,9 M €	-2178%	-84,3 k €	-144%	191,1 k €	-13.1%	219,9 k €	+91.1%	115 k €	-55.0%	255,8 k €	-4.0%	266,4 k €	+11.3%	239,4 k €	-14.1%	278,7 k €	-19.9%	347,9 k €	+114%	162,3 k €	-5.1%	171,1 k €	+16.0%	147,5 k €	-33.1%	220,6 k €	+223%	68,2 k €	-55.6%	153,7 k €	-46.7%	288,1 k €	-3.9%	300 k €
Operating result	-2 M €	-1133%	-161,9 k €	-267%	96,9 k €	-15.8%	115,1 k €	+2012%	5,5 k €	-95.4%	118,2 k €	+11.9%	105,6 k €	+36.9%	77,1 k €	-41.3%	131,3 k €	-42.7%	229,1 k €	+347%	-92,6 k €	+87.0%	-714,6 k €	-799%	102,2 k €	-41.5%	174,9 k €	+581%	25,7 k €	-76.2%	108 k €	-56.3%	247,4 k €	-4.6%	259,2 k €
Net result	-1,8 M €	-741%	-214,2 k €	-1000%	23,8 k €	-49.4%	47,1 k €	+161%	-76,5 k €	-299%	38,4 k €	+15.3%	33,3 k €	+161%	12,7 k €	-64.5%	35,9 k €	+290%	9,2 k €	+104%	-241 k €	+69.5%	-790 k €	-24566%	3,2 k €	-85.5%	22,2 k €	+131%	-71,8 k €	-713%	11,7 k €	-26.9%	16 k €	+151%	-31,6 k €
Balance sheet
Equity	-1,3 M €	-336%	536 k €	-28.5%	750,2 k €	+3.3%	726,4 k €	+6.9%	679,3 k €	-10.1%	755,9 k €	+5.4%	717,5 k €	+4.9%	684,2 k €	+1.9%	671,4 k €	+5.6%	635,5 k €	+1.5%	626,3 k €	+572%	-132,7 k €	-120%	657,3 k €	+0.5%	654,1 k €	+3.5%	631,8 k €	-10.2%	703,7 k €	+1.7%	692 k €	+2.4%	675,9 k €
Total assets	4 M €	-16.6%	4,8 M €	+4.1%	4,6 M €	-11.6%	5,2 M €	+10.7%	4,7 M €	+3.5%	4,6 M €	-8.5%	5 M €	-16.5%	6 M €	-5.2%	6,3 M €	+4.1%	6 M €	-11.8%	6,8 M €	-2.7%	7 M €	+10.7%	6,4 M €	+0.6%	6,3 M €	+28.6%	4,9 M €	-3.6%	5,1 M €	+16.7%	4,4 M €	-2.1%	4,5 M €
Cash	12,7 k €	-43.4%	22,5 k €	-66.7%	67,4 k €	+241%	19,7 k €	-6.9%	21,2 k €	-82.9%	123,7 k €	+10.2%	112,2 k €	+266%	30,7 k €	-91.8%	376,6 k €	-19.7%	469,2 k €	+184%	165,4 k €	-47.0%	312,2 k €	-11.4%	352,4 k €	+20.7%	292 k €	+13.1%	258,2 k €	+9.7%	235,4 k €	-29.7%	334,7 k €	+64.9%	202,9 k €
Debts	5,2 M €	+21.8%	4,3 M €	+11.3%	3,8 M €	-14.2%	4,5 M €	+11.5%	4 M €	+6.6%	3,8 M €	-11.2%	4,2 M €	-19.4%	5,3 M €	-6.0%	5,6 M €	+4.2%	5,4 M €	-13.4%	6,2 M €	-13.4%	7,2 M €	+25.8%	5,7 M €	+1.2%	5,6 M €	+32.8%	4,2 M €	-2.5%	4,3 M €	+20.1%	3,6 M €	-1.1%	3,6 M €
Other
Workforce	35,3 ETP	-15.6%	41,8 ETP	-2.8%	43,0 ETP	-6.3%	45,9 ETP	-0.6%	46,2 ETP	+1.8%	45,4 ETP	-1.7%	46,2 ETP	-2.5%	47,4 ETP	-3.7%	49,2 ETP	-11.5%	55,6 ETP	-5.8%	59,0 ETP	-4.2%	61,6 ETP	-2.1%	62,9 ETP	+6.1%	59,3 ETP	+5.5%	56,2 ETP	+2.9%	54,6 ETP	-0.5%	54,9 ETP	-5.0%	57,8 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 22 ended

Active mandates

FEDRAC

Director · until 29 juillet 2027 · 0427.489.787

Represented by François Goubau

Active

Francois Goubau

Director · until 29 juillet 2027

Active

Ended mandates

FEDRAC

Director · since 29 juillet 2021 · until 29 juillet 2025 · 0427.489.787

Represented by François GOUBAU

Ended

JoPaVa

Director · since 29 juillet 2021 · until 29 juillet 2025 · 0641.752.988

Represented by Jean PIERRE VANLANDER

Ended

FEDRAC

Managing director · since 01 mai 2021 · until 01 mai 2027 · 0427.489.787

Ended

JoPaVa

Director · since 01 mai 2021 · until 01 mai 2025 · 0641.752.988

Ended

At this address

Other companies at this address

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CANHOUSE● Bankrupt	0427.629.844
Domus Team● Active	1036.472.021

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/08/2025	23/07/2024	07/07/2023	31/05/2022	29/07/2021	29/09/2020
General meeting	30/07/2025	18/07/2024	06/05/2023	07/05/2022	29/07/2021	25/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	30/07/2025	01/08/2025	Dutch	PDF
Full model	31/12/2023	18/07/2024	23/07/2024	Dutch	PDF
Full model	31/12/2022	06/05/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	07/05/2022	31/05/2022	Dutch	PDF
Full model	31/12/2020	29/07/2021	29/07/2021	Dutch	PDF
Full model	31/12/2019	25/09/2020	29/09/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	23/07/2015	30/07/2015	Dutch	PDF
Full model	31/12/2013	18/07/2014	25/08/2014	Dutch	PDF
Full model	31/12/2012	26/06/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	08/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	01/06/2011	Dutch	PDF
Full model	31/12/2009	03/05/2010	05/05/2010	Dutch	PDF
Full model	31/12/2008	02/05/2009	28/05/2009	Dutch	PDF
Full model	31/12/2007	03/05/2008	16/05/2008	Dutch	PDF
Full model	31/12/2006	30/07/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 22 ended

Active mandates

FEDRAC

Director · until 29 juillet 2027 · 0427.489.787

Represented by François Goubau

Active

Francois Goubau

Director · until 29 juillet 2027

Active

Ended mandates

FEDRAC

Director · since 29 juillet 2021 · until 29 juillet 2025 · 0427.489.787

Represented by François GOUBAU

Ended

JoPaVa

Director · since 29 juillet 2021 · until 29 juillet 2025 · 0641.752.988

Represented by Jean PIERRE VANLANDER

Ended

FEDRAC

Managing director · since 01 mai 2021 · until 01 mai 2027 · 0427.489.787

Ended

JoPaVa

Director · since 01 mai 2021 · until 01 mai 2025 · 0641.752.988

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/01/2016
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2014
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-1,8 M €↓
2023
Annual accounts 2023-214,2 k €↓
2022
Annual accounts 202223,8 k €↓
2021
Annual accounts 202147,1 k €↑
2020
Annual accounts 2020-76,5 k €↓
2019
Annual accounts 201938,4 k €↑
2018
Annual accounts 201833,3 k €↑
2017
Annual accounts 201712,7 k €↓
2016
Annual accounts 201635,9 k €↑
2015
Annual accounts 20159,2 k €↑
2014
Annual accounts 2014-241 k €↑
2013
Annual accounts 2013-790 k €↓
2012
Annual accounts 20123,2 k €↓
2011
Annual accounts 201122,2 k €↑
2010
Annual accounts 2010-71,8 k €↓
2009
Annual accounts 200911,7 k €↓
2008
Annual accounts 200816 k €↑
2007
Annual accounts 2007-31,6 k €
06/11/1981
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Genisol

Overview

What does Genisol do?

Trend over 18 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline