ACTIVE

GENFINA

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Financial year 2025 · closed on 31/12/2025

Net result

28,2 M €

-38.1% YoY

Equity

628,8 M €

+4.7% YoY

What does GENFINA do?

GENFINA is a Private limited company incorporated in 1988. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.084.986

Incorporation

18/08/1988

Legal form

Private limited company

Registered office

Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map

Contributed capital

532 216 051,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
EBITDA	-113,7 k €	+6.5%	-121,6 k €	-9.5%	-111,1 k €	+73.3%	-416 k €	+3.6%	-431,6 k €	-50.1%	-287,6 k €	-0.3%	-286,9 k €	+0.4%	-288,1 k €	-66.6%	-172,9 k €	+63.1%	-468,5 k €	-66.8%	-280,9 k €	-105%	-136,7 k €	-1006%	-12,4 k €	+14.6%	-14,5 k €	+51.7%	-30 k €	-103%	932,4 k €
Operating result	-113,7 k €	+6.5%	-121,6 k €	-9.5%	-111,1 k €	+73.3%	-416 k €	+3.6%	-431,6 k €	-50.1%	-287,6 k €	-0.3%	-286,9 k €	+0.4%	-288,1 k €	-66.6%	-172,9 k €	+63.1%	-468,5 k €	-66.8%	-280,9 k €	-105%	-136,7 k €	-1006%	-12,4 k €	+14.6%	-14,5 k €	+51.7%	-30 k €	-103%	932,4 k €
Net result	28,2 M €	-38.1%	45,6 M €	+78.0%	25,6 M €	+336%	5,9 M €	+116%	-36 M €	-273%	-9,6 M €	-135%	27,4 M €	+244%	7,9 M €	-57.9%	18,9 M €	+265%	5,2 M €	-50.5%	10,5 M €	+437%	-3,1 M €	-137%	8,5 M €	+42.1%	6 M €	-75.0%	23,8 M €	+104%	-653 M €
Balance sheet
Equity	628,8 M €	+4.7%	600,6 M €	+8.2%	555 M €	+4.8%	529,4 M €	+3.0%	514 M €	-6.5%	549,9 M €	-16.6%	659,6 M €	-48.6%	1,3 Md €	+0.6%	1,3 Md €	+1.5%	1,3 Md €	+0.4%	1,3 Md €	+0.8%	1,2 Md €	-0.3%	1,2 Md €	+0.7%	1,2 Md €	+0.5%	1,2 Md €	+2.0%	1,2 Md €
Total assets	630,1 M €	+1.7%	619,6 M €	+10.9%	558,9 M €	+3.9%	537,8 M €	+3.7%	518,5 M €	-6.6%	554,9 M €	-19.1%	686,2 M €	-46.5%	1,3 Md €	-26.8%	1,8 Md €	+1.0%	1,7 Md €	-0.4%	1,7 Md €	-2.2%	1,8 Md €	-9.1%	2 Md €	+58.7%	1,2 Md €	-0.7%	1,2 Md €	+3.1%	1,2 Md €
Cash	1,1 k €	-11.6%	1,2 k €	-2.3%	1,3 k €	-75.4%	5,1 k €	+106%	2,5 k €	-4.1%	2,6 k €	+1.9%	2,5 k €	-74.0%	9,8 k €	-8.8%	10,8 k €	-2.1%	11 k €	+9.5%	10 k €	-4.1%	10,5 k €	-7.1%	11,3 k €	-8.6%	12,3 k €	-76.9%	53,3 k €	-28.2%	74,2 k €
Debts	1,2 M €	-93.4%	18 M €	+795%	2 M €	-72.3%	7,2 M €	+185%	2,5 M €	+8.2%	2,3 M €	-86.7%	17,7 M €	+445674%	4 k €	-100.0%	477,8 M €	-0.5%	480,1 M €	-0.2%	481,1 M €	-9.0%	528,5 M €	-26.1%	715,6 M €	+2429309%	29,5 k €	-99.8%	14,2 M €	+17691%	79,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 36 ended

Active mandates

Florence VERHAEGHE

Director · since 11 juin 2024 · until 13 juin 2028

Active

Patrick van der Beken

Chairman of the board of directors · since 11 juin 2024 · until 13 juin 2028

Active

Patrick van der Beken

Director · since 11 juin 2024 · until 13 juin 2028

Active

Rodolphe PETIT

Director · since 18 mars 2024 · until 09 juin 2026

Active

Ended mandates

Florence VERHAEGHE

Director · since 18 mars 2024 · until 11 juin 2024

Ended

Patrick van der Beken

Chairman of the board of directors · since 18 mars 2024 · until 11 juin 2024

Ended

Etienne Comte Davignon

Chairman of the board of directors · since 14 juin 2022 · until 31 décembre 2022

Ended

Sergio Val

Director · since 08 juin 2021 · until 31 décembre 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	04/07/2025	25/06/2024	17/05/2023	15/07/2022	22/09/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	20/04/2023	14/06/2022	09/06/2021
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	31/12/2025	09/06/2026	16/06/2026	French	PDF
Full model	31/12/2024	10/06/2025	04/07/2025	French	PDF
Full model	31/12/2023	11/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	20/04/2023	17/05/2023	French	PDF
Full model	31/12/2021	14/06/2022	15/07/2022	French	PDF
Full model	31/12/2020	09/06/2021	22/09/2021	French	PDF
Full model	31/12/2019	09/06/2020	04/08/2020	French	PDF
Full model	31/12/2018	11/06/2019	26/06/2019	French	PDF
Full model	31/12/2017	12/06/2018	27/06/2018	French	PDF
Full model	31/12/2016	13/06/2017	27/06/2017	French	PDF
Full model	31/12/2015	14/06/2016	07/07/2016	French	PDF
Full model	31/12/2014	09/06/2015	25/06/2015	French	PDF
Full model	31/12/2013	10/06/2014	07/07/2014	French	PDF
Full model	30/06/2012	16/10/2012	05/11/2012	French	PDF
Full model	30/06/2011	18/10/2011	25/10/2011	French	PDF
Full model	30/06/2010	19/10/2010	10/12/2010	French	PDF
Full model	30/06/2009	20/10/2009	13/11/2009	French	PDF
Full model	30/06/2008	18/12/2008	15/01/2009	French	PDF
Full model	30/06/2007	16/10/2007	22/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 M€

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 31/12/2025 · 4 active · 36 ended

Active mandates

Florence VERHAEGHE

Director · since 11 juin 2024 · until 13 juin 2028

Active

Patrick van der Beken

Chairman of the board of directors · since 11 juin 2024 · until 13 juin 2028

Active

Patrick van der Beken

Director · since 11 juin 2024 · until 13 juin 2028

Active

Rodolphe PETIT

Director · since 18 mars 2024 · until 09 juin 2026

Active

Ended mandates

Florence VERHAEGHE

Director · since 18 mars 2024 · until 11 juin 2024

Ended

Patrick van der Beken

Chairman of the board of directors · since 18 mars 2024 · until 11 juin 2024

Ended

Etienne Comte Davignon

Chairman of the board of directors · since 14 juin 2022 · until 31 décembre 2022

Ended

Sergio Val

Director · since 08 juin 2021 · until 31 décembre 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/07/2026
SIEGE SOCIAL - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates02/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates27/03/2024
DEMISSIONS, NOMINATIONS
PDF
Other29/06/2023
DIVERS
PDF
Mandates07/04/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other12/09/2022
DIVERS
PDF
Mandates08/07/2021
DEMISSIONS, NOMINATIONS
PDF
Other18/11/2020
DIVERS
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

2025
Annual accounts 202528,2 M €↓
2024
Annual accounts 202445,6 M €↑
11/06/2024
reconductionFlorence VERHAEGHE — administrateur
11/06/2024
reconductionPatrick van der BEKEN — administrateur
11/06/2024
reconductionRodolphe PETIT — administrateur
11/06/2024
nominationPatrick van der BEKEN — président du Conseil d’administration
18/03/2024
nominationRodolphe PETIT — administrateur
18/03/2024
nominationFlorence VERHAEGHE — administrateur
18/03/2024
nominationPatrick van der BEKEN — Président du Conseil
2023
Annual accounts 202325,6 M €↑
2022
Annual accounts 20225,9 M €↑
2020
Annual accounts 2020-36 M €↓
2019
Annual accounts 2019-9,6 M €↓
2018
Annual accounts 201827,4 M €↑
2017
Annual accounts 20177,9 M €↓
2016
Annual accounts 201618,9 M €↑
2015
Annual accounts 20155,2 M €↓
2014
Annual accounts 201410,5 M €↑
2013
Annual accounts 2013-3,1 M €↓
2012
Annual accounts 20128,5 M €↑
2011
Annual accounts 20116 M €↓
2010
Annual accounts 201023,8 M €↑
2009
Annual accounts 2009-653 M €
18/08/1988
IncorporationPrivate 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

GENFINA

Overview

What does GENFINA do?

Trend over 16 financial years

Indicative valuation

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