GENCO is a property company in Wervik. Public Limited, started on 20 September 2006, 3 establishments.

What is the address of GENCO?

The registered office of GENCO is located at Steenakker 11, 8940 Wervik.

Is GENCO still active?

Yes. According to the CBE (29 October 2026) GENCO is active, legal situation “Normale toestand”, started on 20 September 2006.

Is GENCO registered on Peppol?

Yes, GENCO is registered on the Peppol network with ID 0208:0883617144.

What is the enterprise number of GENCO?

The enterprise number of GENCO is BE0883617144.

When was GENCO founded?

GENCO was founded on 20 September 2006.

Who are the directors of GENCO?

According to the 2025 annual accounts, the directors of GENCO are: Babeva BV, Belinda Beauprez, Duversa BV, BELFRA VERMOGENSBEHEER NV.

Is GENCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 September 2006; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 3 establishments in the CBE.

How much profit did GENCO make in 2025?

GENCO recorded a loss after taxes of € 67,068 in financial year 2025.

What is the revenue of GENCO?

As a small company, GENCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 180,412.

GENCO (Public Limited) - Wervik - BE0883617144

Dossier GENCO, printed on 29 October 2026 from databakkes.be/en/0883617144/genco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GENCO from Wervik, company number BE0883617144, closed financial year 2025 with a result of € -67,068 after tax. For that financial year GENCO recorded a gross margin of € 180,412 and equity of € 977,491. Compared with financial year 2024, the result moved from € 47,304 to € -67,068. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 20, 2026.

What it is worth Healthy

€ 977,491

▼ 6% vs 2024

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

Loss Caution

€ -67,068

▼ still € 47,304 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 205,806

▲ € 201,422 vs 2024

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 € -24,001.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.8 million

▲ 7% vs 2024

€ 187,454 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 76,860

▼ 80% vs 2024

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

Taxes

€ 93,641

▲ € 84,817 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 20,000 Revenue 2022: € 20,000 First fiscal year in the series	-	-	-
Gross margin	-	€ 110,011 Gross margin 2023: € 110,011 First fiscal year in the series	€ 196,908 Gross margin 2024: € 196,908 ▲ 79% vs 2023 (€ 110,011) Favourable step	€ 180,412 Gross margin 2025: € 180,412 ▼ 8% vs 2024 (€ 196,908) Unfavourable step	▼ 8%
Profit after taxes	€ -96,142 Profit after taxes 2022: € -96,142 First fiscal year in the series	€ -79,519 Profit after taxes 2023: € -79,519 ▲ € 16,623 vs 2022 (€ -96,142) Favourable step	€ 47,304 Profit after taxes 2024: € 47,304 ▲ € 126,823 vs 2023 (€ -79,519) Favourable step	€ -67,068 Profit after taxes 2025: € -67,068 ▼ € 114,373 vs 2024 (€ 47,304) Unfavourable step	▼ € 114,373
Equity	€ 1,076,773 Equity 2022: € 1,076,773 First fiscal year in the series	€ 997,255 Equity 2023: € 997,255 ▼ 7% vs 2022 (€ 1,076,773) Unfavourable step	€ 1,044,559 Equity 2024: € 1,044,559 ▲ 5% vs 2023 (€ 997,255) Favourable step	€ 977,491 Equity 2025: € 977,491 ▼ 6% vs 2024 (€ 1,044,559) Unfavourable step	▼ 6%
Total debts	€ 3,259,808 Total debts 2022: € 3,259,808 First fiscal year in the series	€ 4,900,550 Total debts 2023: € 4,900,550 ▲ 50% vs 2022 (€ 3,259,808) Unfavourable step	€ 6,004,548 Total debts 2024: € 6,004,548 ▲ 23% vs 2023 (€ 4,900,550) Unfavourable step	€ 6,666,650 Total debts 2025: € 6,666,650 ▲ 11% vs 2024 (€ 6,004,548) Unfavourable step	▲ 11%
Cash	€ 7,555 Cash 2022: € 7,555 First fiscal year in the series	€ 758 Cash 2023: € 758 ▼ 90% vs 2022 (€ 7,555) Unfavourable step	€ 4,384 Cash 2024: € 4,384 ▲ € 3,626 vs 2023 (€ 758) Favourable step	€ 205,806 Cash 2025: € 205,806 ▲ € 201,422 vs 2024 (€ 4,384) Favourable step	▲ € 201,422
Land & buildings	€ 2,979,507 Land & buildings 2022: € 2,979,507 First fiscal year in the series	€ 2,894,139 Land & buildings 2023: € 2,894,139 ▼ 3% vs 2022 (€ 2,979,507) Unchanged	€ 3,257,854 Land & buildings 2024: € 3,257,854 ▲ 13% vs 2023 (€ 2,894,139) Unchanged	€ 4,913,350 Land & buildings 2025: € 4,913,350 ▲ 51% vs 2024 (€ 3,257,854) Unchanged	▲ 51%
Retained profit	€ 32,335 Retained profit 2022: € 32,335 First fiscal year in the series	€ -32,868 Retained profit 2023: € -32,868 ▼ € 65,203 vs 2022 (€ 32,335) Unfavourable step	€ 28,751 Retained profit 2024: € 28,751 ▲ € 61,620 vs 2023 (€ -32,868) Favourable step	€ -24,001 Retained profit 2025: € -24,001 ▼ € 52,753 vs 2024 (€ 28,751) Unfavourable step	▼ € 52,753
Bank debt	€ 1,780,952 Bank debt 2022: € 1,780,952 First fiscal year in the series	€ 2,852,681 Bank debt 2023: € 2,852,681 ▲ 60% vs 2022 (€ 1,780,952) Unfavourable step	€ 3,528,249 Bank debt 2024: € 3,528,249 ▲ 24% vs 2023 (€ 2,852,681) Unfavourable step	€ 3,771,859 Bank debt 2025: € 3,771,859 ▲ 7% vs 2024 (€ 3,528,249) Unfavourable step	▲ 7%
Balance sheet total	€ 4,336,582 Balance sheet total 2022: € 4,336,582 First fiscal year in the series	€ 5,897,805 Balance sheet total 2023: € 5,897,805 ▲ 36% vs 2022 (€ 4,336,582) Unchanged	€ 7,049,107 Balance sheet total 2024: € 7,049,107 ▲ 20% vs 2023 (€ 5,897,805) Unchanged	€ 7,644,141 Balance sheet total 2025: € 7,644,141 ▲ 8% vs 2024 (€ 7,049,107) Unchanged	▲ 8%

Key figures of GENCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to GENCO?

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

2029 Babeva BV stepped down as director. NBB
2029 Belinda Beauprez stepped down as director. NBB
2029 Duversa BV stepped down as director. NBB
2029 BELFRA VERMOGENSBEHEER NV stepped down as director. NBB
Feb 20, 2026 New annual accounts for financial year 2025: loss of € 67,068 (▼ € 114,373 vs 2024). filed late Source: NBB ↗
2023 Babeva BV became a director. NBB
2023 Belinda Beauprez became a director. NBB
2023 Duversa BV became a director. NBB

In short

From € 96,142 loss in 2022 to € 67,068 loss in 2025.

Paid € 42,162 in corporate taxes since 2022.

Best year ever: 2024, with € 47,304 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Babeva BV

Director · represented by Flore Duverger

Also active at: FRANCOVERA, BELBEAU, BELFRA VERMOGENSBEHEER, Innovative Building Systems, RNTH., Kasica, Menenstraat

since 2023 · until 2029

Belinda Beauprez

Director

Also active at: BELBEAU, RNTH., Kasica

since 2023 · until 2029

Duversa BV

Director · represented by Saar Duverger

Also active at: FRANCOVERA, BELBEAU, BELFRA VERMOGENSBEHEER, RNTH., Kasica, Menenstraat

since 2023 · until 2029

BELFRA VERMOGENSBEHEER NV

Director · represented by Frankie Duverger

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Steenakker 11

8940 Wervik

2.328.813.711

Vlamingenstraat 9

8940 Wervik

Active since 1 March 2022

2.328.813.810

Veurnestraat 321

8660 De Panne

Active since 1 April 2022

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

Details

Company number

0883.617.144

VAT number

BE 0883.617.144

Registered office

Steenakker 11, 8940 Wervik

Names & denominations

GENCO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 September 2006

Peppol

Active · Active since 16 Oct 2025

Activities · NACE

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

Activiteiten van holdings

Gites, vakantiewoningen en -appartementen

Cafés en bars

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

GENCO

Warning lights

Financials

What happened to GENCO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions