Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
GENESYS from Schaarbeek, company number BE0473462344, closed financial year 2026 with a result of € -26,152 after tax. For that financial year GENESYS recorded a gross margin of € 79,548 and equity of € 1.2 million. Compared with financial year 2025, the result moved from € -25,270 to € -26,152. 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 October 12, 2026.
€ 1.2 million
▼ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,152
▼ 3 % more loss than in 2025
Profit after tax over the fiscal year.
€ 26,970
▲ 124% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -467,942.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
€ 167,208
▲ 58% vs 2025
€ 46,785 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 23,129
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 75,647 | € 73,909 | € 91,459 | € 79,548 | ▼ 13% |
| Profit after taxes | € -3,568 | € -28,328 | € -25,270 | € -26,152 | ▼ € 883 |
| Equity | € -337,287 | € 1,269,680 | € 1,244,410 | € 1,218,258 | ▼ 2% |
| Total debts | € 1,739,893 | € 1,731,733 | € 1,732,321 | € 1,828,740 | ▲ 6% |
| Cash | € 27,532 | € 33,303 | € 12,016 | € 26,970 | ▲ 124% |
| Land & buildings | € 1,032,024 | € 2,677,958 | € 2,641,619 | € 2,712,024 | ▲ 3% |
| Retained profit | € -388,192 | € -416,520 | € -441,790 | € -467,942 | ▼ € 26,152 |
| Bank debt | € 162,636 | € 134,477 | € 105,568 | € 167,208 | ▲ 58% |
| Balance sheet total | € 1,402,605 | € 3,001,413 | € 2,976,731 | € 3,046,998 | ▲ 2% |
Key figures of GENESYS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GENESYS?
What happened at GENESYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 26,152. Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,568 loss in 2023 to € 26,152 loss in 2026.
Management
Behind GENESYS is Carmelo Bardare. Carmelo Bardare is also behind INVEST QUADRIFOGLIO.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Eugène Plaskysquare 92-94
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →Secrétariat de Jeunesses musicales International
€ 1.6 million revenue · 2024
FRANPIN Benelux
Serge PARENT
€ 32,539 gross margin · 2026
DRAVOLUX INT.
ASIST
€ 190,908 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.462.344
- VAT number
- BE 0473.462.344
- Registered office
- Eugène Plaskysquare 92-94, 1030 Schaarbeek
- Names & denominations
- GENESYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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