Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
MICHEL GENICOT from Hannut, company number BE0471299046, closed financial year 2025 with a result of € 26,777 after tax. For that financial year MICHEL GENICOT recorded a gross margin of € 30,691 and equity of € 113,966. Compared with financial year 2024, the result moved from € -12,393 to € 26,777. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.
€ 113,966
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,777
▲ still € 12,393 loss in 2024
Profit after tax over the fiscal year.
€ 82,288
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 95,374.
People and assets in 2025
€ 400
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,952
▲ € 3,782 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,090 | € -6,761 | € 118 | € 30,691 | ▲ € 30,573 |
| Profit after taxes | € -25,956 | € -66,483 | € -12,393 | € 26,777 | ▲ € 39,171 |
| Equity | € 166,066 | € 99,583 | € 87,189 | € 113,966 | ▲ 31% |
| Total debts | € 204,988 | € 192,344 | € 72,042 | € 66,206 | ▼ 8% |
| Cash | € 7,101 | € 6,419 | € 107,640 | € 82,288 | ▼ 24% |
| Land & buildings | € 55,729 | € 51,217 | € 50,819 | € 50,420 | ▼ 1% |
| Retained profit | € 147,474 | € 80,991 | € 68,597 | € 95,374 | ▲ 39% |
| Balance sheet total | € 371,054 | € 291,927 | € 159,231 | € 180,172 | ▲ 13% |
Key figures of MICHEL GENICOT, 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 MICHEL GENICOT?
What happened at MICHEL GENICOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MICHEL GENICOT is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 26,777. Source: NBB ↗
- New establishment in Hannut. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,956 loss in 2022 to € 26,777 profit in 2025.
Paid € 604 in corporate taxes since 2022.
Best year ever: 2025, with € 26,777 profit.
Management
Behind MICHEL GENICOT are Barbara GENICOT and Garance GENICOT. Barbara GENICOT is also behind BOOM & BOOM GROUP.
Directors
According to the 2025 annual accounts
Garance GENICOT
Director
Establishments
Establishment units
Physical locations of this company
Rue Albert 1er 110
4280 Hannut
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.299.046
- VAT number
- BE 0471.299.046
- Registered office
- Rue Albert 1er 110, 4280 Hannut
- Names & denominations
- MICHEL GENICOT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 28 February 2000
- Peppol
- Not registered