In liquidation · Gerechtelijke ontbinding of nietigheid (CBE)

GENKER OIL

BE0634654370

Rechtspersoon Private limited company 1 establishment

Weg naar As 357, 3600 Genk

Behind the company: Vural SOYLU.

Start date

27 July 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 48 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Gerechtelijke ontbinding of nietigheid according to the CBE.

Financials

Financial year 2022

GENKER OIL from Genk, company number BE0634654370, closed financial year 2022 with a result of € 11,142 after tax. For that financial year GENKER OIL recorded a gross margin of € 122,235 and equity of € -330,952. Compared with financial year 2021, the result moved from € -218,682 to € 11,142. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2023.

What it is worth Caution

€ -330,952

▲ € 11,142 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 11,142

▲ still € 218,682 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 30,833

▲ € 26,795 vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -337,276.

People and assets in 2022

Wage cost

€ 5,302

▼ 70% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 170,040

▼ 31% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.2 million

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 3,831

▼ 78% vs 2021

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -103,270 € 122,235 ▲ € 225,505
Profit after taxes € -218,682 € 11,142 ▲ € 229,824
Equity € -342,094 € -330,952 ▲ € 11,142
Total debts € 1,188,068 € 1,165,830 ▼ 2%
Cash € 4,038 € 30,833 ▲ € 26,795
Retained profit € -348,418 € -337,276 ▲ € 11,142
Bank debt € 4 € 0 ▼ 100%
Balance sheet total € 845,974 € 834,878 ▼ 1%
Employees (FTE) 0.5 -

Key figures of GENKER OIL, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to GENKER OIL?

What happened at GENKER OIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GENKER OIL is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.

  • New annual accounts for financial year 2022: profit of € 11,142. Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Genk. KBO

In short

From € 218,682 loss in 2021 to € 11,142 profit in 2022.

Best year ever: 2022, with € 11,142 profit.

Management

Vural SOYLU
GENKER OIL

Behind GENKER OIL is Vural SOYLU.

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Directors

According to the 2022 annual accounts

Vural SOYLU

Administrator-manager

Establishments

Establishment units

Physical locations of this company

Registered office

Weg naar As 357

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0634.654.370
VAT number
BE 0634.654.370
Registered office
Weg naar As 357, 3600 Genk
Names & denominations
GENKER OIL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Gerechtelijke ontbinding of nietigheid
Start date
27 July 2015
Peppol
Active · Active since 18 Dec 2025

Frequently asked questions

What is the address of GENKER OIL?
The registered office of GENKER OIL is located at Weg naar As 357, 3600 Genk.
Is GENKER OIL still active?
Not as usual. The CBE lists GENKER OIL with legal situation “Gerechtelijke ontbinding of nietigheid”.
Is GENKER OIL registered on Peppol?
Yes, GENKER OIL is registered on the Peppol network with ID 0208:0634654370.
What is the enterprise number of GENKER OIL?
The enterprise number of GENKER OIL is BE0634654370.
When was GENKER OIL founded?
GENKER OIL was founded on 27 July 2015.
Who owns GENKER OIL?
Behind GENKER OIL is Vural SOYLU.