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 39 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GEENEN from Hoogstraten, company number BE0897190711, closed financial year 2024 with a result of € -57,615 after tax. For that financial year GEENEN recorded a gross margin of € 903,412 and equity of € 260,695. Compared with financial year 2023, the result moved from € 121,737 to € -57,615. 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 July 29, 2025.
€ 260,695
▼ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,615
▼ still € 121,737 profit in 2023
Profit after tax over the fiscal year.
€ 13,574
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 242,095.
People and assets in 2024
9.6
▲ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 485,465
▲ 27% vs 2023
€ 50,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.4 million
▲ 43% vs 2023
Of which on lease € 1.3 million.
Debts at end 2024
€ 1.2 million
▲ 41% vs 2023
€ 318,543 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 639,061
▲ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 90,961
▼ 21% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 503,629 | € 673,549 | € 902,623 | € 903,412 | |
| Profit after taxes | € 68,048 | € 43,006 | € 121,737 | € -57,615 | ▼ € 179,352 |
| Equity | € 153,568 | € 196,574 | € 318,311 | € 260,695 | ▼ 18% |
| Total debts | € 1,492,905 | € 1,470,712 | € 1,578,904 | € 1,926,540 | ▲ 22% |
| Cash | € 7,832 | € 23 | € 0 | € 13,574 | |
| Retained profit | € 134,968 | € 177,974 | € 299,711 | € 242,095 | ▼ 19% |
| Bank debt | € 1,011,658 | € 888,804 | € 851,482 | € 1,196,518 | ▲ 41% |
| Balance sheet total | € 1,646,472 | € 1,667,286 | € 1,897,215 | € 2,187,235 | ▲ 15% |
| Employees (FTE) | - | 6.6 | 8.4 | 9.6 | ▲ 1.2 |
Key figures of GEENEN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GEENEN?
What happened at GEENEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 57,615 (▼ € 179,352 vs 2023). Source: NBB ↗
- New establishment in Hoogstraten. KBO
- Ruud Geenen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 68,048 profit in 2021 to € 57,615 loss in 2024.
Paid € 6,805 in corporate taxes since 2021.
Best year ever: 2023, with € 121,737 profit.
On average € 94,100 of value added per employee in 2024.
A new publication or filing at GEENEN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Ruud Geenen
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Schuivenoord 1
2328 Hoogstraten
Elsakker 10
2328 Hoogstraten
Active since 8 April 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.190.711
- VAT number
- BE 0897.190.711
- Registered office
- Schuivenoord 1, 2328 Hoogstraten
- Names & denominations
- GEENEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2008
- Peppol
- Active · Active since 24 Jul 2025
- Activities · NACE
Goederenvervoer over de weg
Bouwrijp maken van terreinen
Landschapsverzorging
Behandeling van gewassen na de oogst en van zaden voor vermeerdering