Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GENAM from Lierneux, company number BE0436183759, closed financial year 2025 with a result of € -16,685 after tax. For that financial year GENAM recorded a gross margin of € 408 and equity of € 78,148. Compared with financial year 2024, the result moved from € -16,310 to € -16,685. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 78,148
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,685
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 10,408
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -287,216.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 112
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,587 | € 25,316 | € 2,544 | € 408 | ▼ 84% |
| Profit after taxes | € -10,425 | € 5,161 | € -16,310 | € -16,685 | ▼ € 375 |
| Equity | € 105,981 | € 111,143 | € 94,833 | € 78,148 | ▼ 18% |
| Total debts | € 110,984 | € 115,731 | € 116,758 | € 113,680 | ▼ 3% |
| Cash | € 3,807 | € 22,302 | € 17,537 | € 10,408 | ▼ 41% |
| Land & buildings | € 177,659 | € 169,894 | € 162,128 | € 154,363 | ▼ 5% |
| Retained profit | € -259,383 | € -254,221 | € -270,531 | € -287,216 | ▼ € 16,685 |
| Balance sheet total | € 216,965 | € 226,874 | € 211,591 | € 191,827 | ▼ 9% |
Key figures of GENAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GENAM?
What happened at GENAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valérie Gendebien stepped down as director. NBB
- Georges Gendebien stepped down as director. NBB
- Nathalie Gendebien stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 16,685. Source: NBB ↗
- Valérie Gendebien became a director. NBB
- Georges Gendebien became a director. NBB
- Nathalie Gendebien became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,425 loss in 2022 to € 16,685 loss in 2025.
Best year ever: 2023, with € 5,161 profit.
Management
Directors
According to the 2025 annual accounts
Valérie Gendebien
Director
since 2022 · until 2028
Georges Gendebien
Director
since 2022 · until 2028
Nathalie Gendebien
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Amcômont 11
4990 Lierneux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.183.759
- VAT number
- BE 0436.183.759
- Registered office
- Amcômont 11, 4990 Lierneux
- Names & denominations
- GENAM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1988
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
Exploitatie van bossen