Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GENCODE from Liège, company number BE0795914494, closed financial year 2025 with a result of € -755 after tax. For that financial year GENCODE recorded a gross margin of € 60,028 and equity of € 77,093. Compared with financial year 2024, the result moved from € 2,862 to € -755. 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 September 15, 2026.
€ 77,093
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -755
▼ still € 2,862 profit in 2024
Profit after tax over the fiscal year.
€ 70,921
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 15,593.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 57,496
▲ 124% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,767
▲ 188% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,025
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 64,106 | € 27,985 | € 60,028 | ▲ 114% |
| Profit after taxes | € 33,486 | € 2,862 | € -755 | ▼ € 3,617 |
| Equity | € 94,986 | € 97,848 | € 77,093 | ▼ 21% |
| Total debts | € 15,380 | € 15,648 | € 40,048 | ▲ 156% |
| Cash | € 90,246 | € 75,672 | € 70,921 | ▼ 6% |
| Retained profit | € 33,486 | € 36,348 | € 15,593 | ▼ 57% |
| Dividend | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 110,365 | € 113,496 | € 117,141 | ▲ 3% |
Key figures of GENCODE, fiscal years 2023 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 GENCODE?
What happened at GENCODE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 755 (▼ € 3,617 vs 2024). filed late Source: NBB ↗
- Jacqueline Wadzialowski stepped down as director. NBB
- David Kauffman became a director. NBB
- Jacqueline Wadzialowski became a director. NBB
- New establishment in Liège. KBO
- T2IM became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 33,486 profit in 2023 to € 755 loss in 2025.
Paid € 12,049 in corporate taxes since 2023.
Best year ever: 2023, with € 33,486 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind GENCODE are T2IM and David Kauffman. David Kauffman is also behind WHITE LASER GAMES.
Directors
According to the 2025 annual accounts
Director · represented by Ilan Taieb
since 2023
since 2025
Jacqueline Wadzialowski
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Quai Sur Meuse 19
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Société Royale Concerts de Midi de la Ville de Liege
ACTION SPORTS SPRL
€ 915,616 gross margin · 2025
BLOOM TECHNOLOGIES
€ 1.3 million gross margin · 2025
GOTORO
GRAFTYS
€ -906,850 gross margin · 2021
+16 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
- 0795.914.494
- VAT number
- BE 0795.914.494
- Registered office
- Quai Sur Meuse 19, 4000 Liège
- Names & denominations
- GENCODE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2023
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
Activiteiten van reclamebureaus
Overige zakelijke dienstverlening, neg
Overige niet-gespecialiseerde detailhandel
Overige diensten op het gebied van informatietechnologie en computer
Grafisch ontwerp en visuele communicatie
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Groothandel in informatie- en communicatieapparatuur
Adviesbureaus op het gebied van public relations en communicatie
+3