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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Busy address KBO
89 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Beetle Genius from Etterbeek, company number BE0683563156, closed financial year 2023 with a result of € -194,901 after tax. For that financial year Beetle Genius recorded a gross margin of € 7,236 and equity of € -458,727. Compared with financial year 2022, the result moved from € -71,498 to € -194,901. The company made a loss. 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 November 27, 2024.
€ -458,727
▼ € 194,901 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -194,901
▼ 173 % more loss than in 2022
Profit after tax over the fiscal year.
€ 874
▲ 229% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -697,327.
People and assets in 2023
€ 2,360
▼ 42% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 75,120
▼ 14% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -11,682 | € -11,186 | € 7,236 | ▲ € 18,422 |
| Profit after taxes | € -202,055 | € -71,498 | € -194,901 | ▼ € 123,403 |
| Equity | € -192,327 | € -263,826 | € -458,727 | ▼ € 194,901 |
| Total debts | € 2,421,510 | € 2,640,802 | € 2,738,388 | ▲ 4% |
| Cash | € 162,281 | € 266 | € 874 | ▲ 229% |
| Retained profit | € -430,927 | € -502,426 | € -697,327 | ▼ € 194,901 |
| Bank debt | € 0 | € 1,904 | € 0 | ▼ 100% |
| Balance sheet total | € 2,229,183 | € 2,376,977 | € 2,279,662 | ▼ 4% |
Key figures of Beetle Genius, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Beetle Genius?
What happened at Beetle Genius in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Beetle Genius is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 194,901. filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 202,055 loss in 2021 to € 194,901 loss in 2023.
Management
Behind Beetle Genius are Karim SABEG, Yazid SABEG, Pierre SALLENAVE and Mehdi SABEG. Yazid SABEG is also behind YSI CAPITAL and Nayala. Mehdi SABEG is also behind Ravel Technologies.
Directors
According to the 2023 annual accounts
Karim SABEG
Director
Pierre SALLENAVE
Director
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 24
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 89 companies are registered at this address.
All companies at this address →Euris
€ 198 gross margin · 2025
IMMOBILIERE CLOS DES LAURIERS
€ 17,736 gross margin · 2025
ARMONIA
€ -10,410 gross margin · 2025
FRUCTIMAR
€ -47,267 gross margin · 2023
KLUGER PARTNERS
€ 10,443 gross margin · 2025
+84 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
- 0683.563.156
- VAT number
- BE 0683.563.156
- Registered office
- Louis Schmidtlaan 24, 1040 Etterbeek
- Names & denominations
- Beetle Genius
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 20 October 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings
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