ACTIVE

Genteq

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Financial year 2025 · closed on 31/12/2025
Net result
545 k €
+136.6% YoY
Gross margin
1,8 M €
+30.5% YoY
Equity
689,2 k €
-16.6% YoY
Workforce
14,1 ETP
+6.0% YoY

What does Genteq do?

Genteq is a Private limited company incorporated in 2019. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Hasselt. It employs on average 14,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0719.499.082
Incorporation
28/01/2019
Legal form
Private limited company
Registered office
Kleinstraat 13
3500 Hasselt · FlandreSee on map
Contributed capital
218 600,00 €
Latest accounts
31/12/2025
Average workforce
14,1 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy70200Management consultancy activities70220Business and other management consultancy activities71111Architectural activities71209Technical testing and analysis+1
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin1,8 M €1,3 M €1 M €691,3 k €577,9 k €437,8 k €402,8 k €
EBITDA699,8 k €404,5 k €202 k €155,3 k €139,4 k €120,1 k €109,8 k €
Operating result634,1 k €342,1 k €149,3 k €112,4 k €105,5 k €92,3 k €82,3 k €
Net result545 k €230,3 k €95,7 k €77,7 k €78,3 k €75 k €63,5 k €
Balance sheet
Equity689,2 k €826,8 k €596,5 k €500,8 k €423,1 k €344,7 k €69,7 k €
Total assets2 M €1,4 M €1,2 M €1 M €943,9 k €723,1 k €418,6 k €
Cash284,4 k €281,3 k €264,4 k €208,3 k €115,2 k €237,1 k €122,7 k €
Debts1,3 M €596,4 k €567,5 k €504,8 k €464,7 k €358,1 k €339,3 k €
Other
Workforce14,1 ETP13,3 ETP12,2 ETP8,6 ETP7,7 ETP5,8 ETP4,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

DW Engineering

Manager · 0664.906.393

Represented by Dimitri Weerts

Active

Ended mandates

DW Engineering

Director · 0664.906.393

Represented by Dimitri Weerts

Ended
DW Engineering

Manager · 0664.906.393

Represented by Dimitri Weerts

Ended
At this address

Other companies at this address

CompanyCBE no.
CYNEA● Active
0713.720.060
DW Engineering● Active
0664.906.393
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/202608/07/202530/08/202429/08/202331/08/202201/07/2021
General meeting11/02/202631/05/202531/05/202431/05/202331/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/02/202621/08/2026DutchPDF
Abridged model31/12/202431/05/202508/07/2025DutchPDF
Abridged model31/12/202331/05/202430/08/2024DutchPDF
Abridged model31/12/202231/05/202329/08/2023DutchPDF
Abridged model31/12/202131/05/202231/08/2022DutchPDF
Abridged model31/12/202031/05/202101/07/2021DutchPDF
Abridged model31/12/201902/06/202029/06/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 2 ended

Active mandates

DW Engineering

Manager · 0664.906.393

Represented by Dimitri Weerts

Active

Ended mandates

DW Engineering

Director · 0664.906.393

Represented by Dimitri Weerts

Ended
DW Engineering

Manager · 0664.906.393

Represented by Dimitri Weerts

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/09/2026
    —
    PDF
  • Restructuring29/05/2026
    BENAMING - DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates14/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other30/01/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025545 k €↑
  2. 2024
    Annual accounts 2024230,3 k €↑
  3. 2023
    Annual accounts 202395,7 k €↑
  4. 2022
    Annual accounts 202277,7 k €↓
  5. 2021
    Annual accounts 202178,3 k €↑
  6. 2020
    Annual accounts 202075 k €↑
  7. 2019
    Annual accounts 201963,5 k €
  8. 28/01/2019
    IncorporationPrivate limited company