Bankrupt · Opening faillissement (CBE)

Beetle Genius

BE0683563156

Rechtspersoon Public limited company 1 establishment

Beetle Genius is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 20 October 2017, 1 establishment.

Louis Schmidtlaan 24, 1040 Etterbeek

Behind the company: Karim SABEG, Yazid SABEG, Pierre SALLENAVE, Mehdi SABEG.

Start date

20 October 2017

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 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Busy address KBO

    87 other companies have their registered office at the same address; threshold 10.

  • 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.

What it is worth Caution

€ -458,727

▼ € 194,901 vs 2022

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

Loss Caution

€ -194,901

▼ 173 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 874

▲ 229% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -697,327.

People and assets in 2023

Vehicles and equipment

€ 2,360

▼ 42% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

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

Owed to suppliers

€ 75,120

▼ 14% vs 2022

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

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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

Karim SABEG Yazid SABEG Pierre SALLENAVE Mehdi SABEG

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.

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Directors

According to the 2023 annual accounts

Karim SABEG

Director

Yazid SABEG

Director

Also active at: YSI CAPITAL, Nayala

Pierre SALLENAVE

Director

Mehdi SABEG

Director

Also active at: Ravel Technologies

Establishments

Establishment units

Physical locations of this company

Registered office

Louis Schmidtlaan 24

1040 Etterbeek

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

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Overige zakelijke dienstverlening, neg

Handel in eigen onroerend goed

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does Beetle Genius do?
Beetle Genius is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 20 October 2017, 1 establishment.
What is the address of Beetle Genius?
The registered office of Beetle Genius is located at Louis Schmidtlaan 24, 1040 Etterbeek.
Is Beetle Genius still active?
No. The CBE lists Beetle Genius with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Beetle Genius registered on Peppol?
No, Beetle Genius is currently not registered on the Peppol network.
What is the enterprise number of Beetle Genius?
The enterprise number of Beetle Genius is BE0683563156.
When was Beetle Genius founded?
Beetle Genius was founded on 20 October 2017.