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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Genmar from Brasschaat, company number BE0644427418, closed financial year 2025 with a result of € -98,650 after tax. For that financial year Genmar recorded a gross margin of € -1,265 and equity of € 281,261. Compared with financial year 2024, the result moved from € 1,588 to € -98,650. 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 14, 2026.
€ 281,261
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,650
▼ still € 1,588 profit in 2024
Profit after tax over the fiscal year.
€ 154
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,027 | € -1,949 | € -1,097 | € -1,265 | ▼ € 168 |
| Profit after taxes | € 80 | € -580 | € 1,588 | € -98,650 | ▼ € 100,238 |
| Equity | € 378,903 | € 378,323 | € 379,911 | € 281,261 | ▼ 26% |
| Total debts | € 0 | € 0 | € 0 | € 245,305 | |
| Cash | € 1,221 | € 31 | € 9,985 | € 154 | ▼ 98% |
| Retained profit | € -930,459 | € -931,039 | € -929,451 | € -1,028,101 | ▼ € 98,650 |
| Balance sheet total | € 724,208 | € 723,628 | € 725,216 | € 526,566 | ▼ 27% |
Key figures of Genmar, 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 Genmar?
What happened at Genmar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,650 (▼ € 100,238 vs 2024). filed late Source: NBB ↗
- New establishment in Brasschaat. KBO
- Christiaan Gennep became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 80 profit in 2022 to € 98,650 loss in 2025.
Best year ever: 2024, with € 1,588 profit.
Management
Behind Genmar is Christiaan Gennep. Christiaan Gennep is also behind GENHOLD.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Kapelsesteenweg 292
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
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€ -3,343 gross margin · 2025
+81 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
- 0644.427.418
- VAT number
- BE 0644.427.418
- Registered office
- Kapelsesteenweg 292, 2930 Brasschaat
- Names & denominations
- Genmar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2015
- Peppol
- Active · Active since 18 Dec 2025