GEMO
ActiveSummary
GEMO has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.96M and a net result of €307k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 1.66 in 2024; short-term debt: 11.3% and cash: 3.6% of total assets), and 11.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.6%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
27 d early
2023
34 d early
2022
61 d early
2021
4 d late
2020
23 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€307k▲ 12.7%
2024 · €272k
2018: €229k
2019: €254k
2020: €313k
2021: €276k
2022: €306k
2023: €276k
2024: €272k
2018 → 2025
Working capital
€1.10M▲ 68.9%
2024 · €654k
2018: €843k
2019: €1.20M
2020: €1.18M
2021: €1.61M
2022: €1.05M
2023: €639k
2024: €654k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.91M-€4.22M▼ 14.1%€4.00M▼ 5.3%€3.72M▼ 6.9%€3.96M▲ 6.4%
Operating result€383k-€425k▲ 11.0%€385k▼ 9.5%€383k▼ 0.4%€428k▲ 11.6%
Net result€276k-€306k▲ 11.0%€276k▼ 9.8%€272k▼ 1.4%€307k▲ 12.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.47M
Fixed assets
€2.86M ▼ 6.9%
Current assets
€1.61M ▼ 1.7%
Equity and liabilities €4.47M
Equity
€3.96M ▲ 6.4%
Provisions
€1k =
Debt
€507k ▼ 48.6%
Debt's share of the balance-sheet total falls from 20.9% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€751k▲
2024 · €709k
Cash flow
€630k▲
2024 · €598k
Current ratio
3.18▲
2024 · 1.66
Debt to equity
0.13▼
2024 · 0.26
ROE
7.8%▲
2024 · 7.3%
ROA
6.9%▲
2024 · 5.8%
Interest coverage
2239.07▲
2024 · 1866.16
Debt ≤ 1 year
€507k▼
2024 · €985k
Income taxes
€121k▲
2024 · €111k
Staff costs
€1.34M▼
2024 · €1.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.71M€4.47M▼
Fixed assets21/28€3.07M€2.86M▼
Tangible fixed assets22/27€3.03M€2.82M▼
Land and buildings22€2.87M€2.71M▼
Plant, machinery and equipment23€12k€6k▼
Furniture and vehicles24€96k€59k▼
Other tangible fixed assets26€60k€50k▼
Financial fixed assets28€35k€35k▲
Current assets29/58€1.64M€1.61M▼
Amounts receivable within one year40/41€1.53M€1.45M▼
Trade receivables40€1.52M€1.42M▼
Other amounts receivable41€14k€35k▲
Cash at bank and in hand54/58€109k€161k▲
Equity and liabilities
Total equity and liabilities10/49€4.71M€4.47M▼
Equity10/15€3.72M€3.96M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€3.66M€3.90M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€3.65M€3.88M▲
Profit (loss) carried forward14€0€0=
Investment grants15€2k€2k=
Provisions and deferred taxes16€1k€1k=
Deferred taxes168€1k€1k=
Amounts payable17/49€985k€507k▼
Amounts payable within one year42/48€985k€507k▼
Trade debts44€52k€160k▲
Suppliers440/4€52k€160k▲
Taxes, remuneration and social security45€387k€278k▼
Taxes450/3€184k€126k▼
Remuneration and social security454/9€203k€151k▼
Other amounts payable47/48€546k€70k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.47M€1.34M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€326k€323k▼
Other operating charges640/8€94k€97k▲
Gross operating margin9900€2.27M€2.19M▼
Operating profit (loss)9901€383k€428k▲
Financial income75/76B€357€402▲
Recurring financial income75€357€402▲
Financial charges65/66B€380€335▼
Recurring financial charges65€380€335▼
Profit (loss) for the period before taxes9903€383k€428k▲
Income taxes67/77€111k€121k▲
Profit (loss) for the period9904€272k€307k▲
Profit (loss) for the period to be appropriated9905€272k€307k▲
Appropriation of the result
Profit (loss) to be appropriated9906€272k€307k▲
Transfer from equity791/2€274k€0▼
Transfer to equity691/2-€237k
To other reserves6921-€237k
Profit to be distributed694/7€546k€70k▼
Return on contributions (dividend)694€500k€0▼
Employees696€46k€70k▲
Social balance
Average headcount (FTE)908729.029.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €313k ▲23.2%
Net result €313k, the highest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 8 establishment units since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Landegemstraat 49031 GentGround area
7.5 ha
Building footprint
2.5 ha
Volume, LiDAR
201,135 m³
8 parcels, Flanders, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
8 establishment units
GEMO Gent - Drongen
since 19782.014.806.497
GEMO Brussel - Nijvel
since 19992.014.806.794
GEMO Antwerpen - Willebroek
since 20012.014.806.695
GEMO Luik - Alleur
since 20032.132.829.664
GEMO Brugge
since 20052.185.950.032
GEMO Brussel - Zaventem
since 20102.193.695.481
Show 2 more locations
GEMO Doornik
since 20112.200.281.781
GEMO Hasselt - Herk-de-Stad
since 20132.216.907.581
8 parcels
Flanders
5
(62.5%)
Wallonia
3
(37.5%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23057C0046/00T000 | Flanders | 2.9 ha | 1 · 1.5 ha | 11.8 m · 3 fl. |
| 62003A0064/00F000 | Wallonia | 2.3 ha | - | - |
| 44017D0805/00C002 | Flanders | 1.0 ha | 1 · 4,792 m² | 9.3 m · 2 fl. |
| 71003B0070/00Z004 | Flanders | 5,956 m² | 1 · 357 m² | - |
| 25099D0046/00E000 | Wallonia | 2,881 m² | 1 · 808 m² | 6.9 m · 2 fl. |
| 31808K0714/00C002 | Flanders | 2,010 m² | 1 · 1,850 m² | 11.2 m · 2 fl. |
| 12040A0524/00C005 | Flanders | 1,715 m² | 1 · 1,715 m² | 7.0 m · 2 fl. |
| 57033B0753/00R000 | Wallonia | 366 m² | 1 · 88 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 7
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,571 EUR awarded · 8,189 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,797 EUR | 2,676 EUR |
| 2024 | 1 | 2,642 EUR | 2,642 EUR |
| 2023 | 1 | 1,589 EUR | 1,328 EUR |
| 2022 | 1 | 1,543 EUR | 1,543 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 13,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-03-1978
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
70200Business and other management consultancy
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.