GEMONYX
ActiveSummary
GEMONYX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71.06M and a net result of €3.96M. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+36
Solvency100=
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 7.95 against 6.13 in 2024; short-term debt: 12.6% and cash: 2.5% of total assets), and 12.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
87.4%
Return on assets
4.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
21 d early
2024
123 d late
2023
177 d late
2022
141 d late
2021
64 d late
2020
43 d early
2019
24 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
Turnover
€244.60M▲ 21.2%
2024 · €201.88M
2021: €499.61M
2022: €1.31B
2023: €525.52M
2024: €201.88M
2021 → 2025
EBIT margin
2.7%▲ 9.5pp
2024 · -6.9%
2021: 2.0%
2022: 2.9%
2023: 1.0%
2024: -6.9%
2021 → 2025
Net result
€3.96M
2024 · €-11.14M
2021: €6.88M
2022: €23.87M
2023: €4.33M
2024: €-11.14M
2021 → 2025
Working capital
€71.06M▼ 27.1%
2024 · €97.43M
2021: €78.76M
2022: €102.97M
2023: €111.25M
2024: €97.43M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€499.61M-€1.31B▲ 162%€525.52M▼ 59.8%€201.88M▼ 61.6%€244.60M▲ 21.2%
Equity€80.04M-€103.91M▲ 29.8%€108.24M▲ 4.2%€97.10M▼ 10.3%€71.06M▼ 26.8%
Operating result€9.76M-€38.10M▲ 290%€5.35M▼ 86.0%€-13.84M€6.57M
Net result€6.88M-€23.87M▲ 247%€4.33M▼ 81.9%€-11.14M€3.96M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6.57M after a loss of €13.84M in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €81.29M
Equity
€71.06M ▼ 26.8%
Debt
€10.23M ▼ 47.1%
Debt's share of the balance-sheet total falls from 16.6% to 12.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
7.95▲
2024 · 6.13
Quick ratio
4.23▲
2024 · 3.62
Debt to equity
0.14▼
2024 · 0.20
ROE
5.6%▲
2024 · -11.5%
ROA
4.9%▲
2024 · -9.6%
Debt ≤ 1 year
€10.23M▼
2024 · €18.99M
Income taxes
€-9k▼
2024 · €140k
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 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€116.42M€81.29M▼
Current assets29/58€116.42M€81.29M▼
Stocks and contracts in progress3€47.70M€38.04M▼
Stocks30/36€47.70M€38.04M▼
Goods purchased for resale34€35.66M€38.02M▲
Advance payments36€12.04M€19k▼
Amounts receivable within one year40/41€63.61M€41.05M▼
Trade receivables40€50.62M€7.26M▼
Other amounts receivable41€12.99M€33.79M▲
Cash at bank and in hand54/58€3.93M€2.05M▼
Deferred charges and accrued income490/1€1.18M€157k▼
Equity and liabilities
Total equity and liabilities10/49€116.42M€81.29M▼
Equity10/15€97.10M€71.06M▼
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€96.10M€70.06M▼
Non-distributable reserves130/1€3.19M€3.19M=
Legal reserve130€3.19M€3.19M=
Tax-exempt reserves132€1.97M€1.97M=
Distributable reserves133€90.94M€64.89M▼
Amounts payable17/49€19.32M€10.23M▼
Amounts payable within one year42/48€18.99M€10.23M▼
Trade debts44€17.44M€8.16M▼
Suppliers440/4€17.44M€8.16M▼
Taxes, remuneration and social security45€1.55M€2.07M▲
Taxes450/3€1.55M€2.07M▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€330k€0▼
Income statement
Code20242025
Operating income70/76A€201.97M€247.42M▲
Turnover70€201.88M€244.60M▲
Other operating income74€83k€1.22M▲
Non-recurring operating income76A-€1.60M
Operating charges60/66A€215.81M€240.86M▲
Goods for resale, raw materials and consumables60€205.12M€231.59M▲
Purchases600/8€188.08M€234.76M▲
Change in stocks: decrease (increase)609€17.04M€-3.17M▼
Services and other goods61€7.64M€8.39M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€816k
Other operating charges640/8€3.05M€68k▼
Non-recurring operating charges66A€0-
Operating profit (loss)9901€-13.84M€6.57M▲
Financial income75/76B€2.86M€681k▼
Recurring financial income75€2.86M€681k▼
Income from current assets751€1.63M€653k▼
Other financial income752/9€1.23M€29k▼
Financial charges65/66B€23k€3.30M▲
Recurring financial charges65€23k€3.30M▲
Debt charges650€0€262k▲
Other financial charges652/9€23k€3.04M▲
Profit (loss) for the period before taxes9903€-11.00M€3.95M▲
Income taxes67/77€140k€-9k▼
Taxes670/3€680k€0▼
Tax adjustments and reversals of tax provisions77€540k€9k▼
Profit (loss) for the period9904€-11.14M€3.96M▲
Profit (loss) for the period to be appropriated9905€-11.14M€3.96M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11.14M€3.96M▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€11.14M€30.00M▲
From reserves792€11.14M€30.00M▲
Transfer to equity691/2€0€3.96M▲
To other reserves6921€0€3.96M▲
Profit to be distributed694/7-€30.00M
Return on contributions (dividend)694-€30.00M
The notes to these accounts (31 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €3.96M
Net result €3.96M after one loss-making year.
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 123 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 177 days late
2024
31-12
Financial
Weakest financial yearnet €-11.14M ▼357%
Net result drops to €-11.14M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 6.13
Current ratio from 2.30 to 6.13; short-term debt falls from €85.30M to €18.99M.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 141 days late
2022
31-12
Financial
Highest result since 2021net €23.87M ▲247%
Operating result €38.10M, net result €23.87M, both a record.
31-12
Financial
Equity above €100MEq €103.91M ▲29.8%
2 profitable years in a row build equity to €103.91M.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 64 days late
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Brussel · 1 establishment unit since 2019
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.
Simon Bolivarlaan 361000 BrusselGround area
5,799 m²
Building footprint
2,489 m²
Volume, LiDAR
131,585 m³
Parcel 21813D0439/00P009, Brussels · tallest building 64.0 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
GEMONYX
since 20192.288.212.281
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813D0439/00P009 | Brussels | 5,799 m² | 1 · 2,489 m² | 64.0 m · 19 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493004ZN1IKSQVCMO82
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Of 840 companies in sector 46810 we hold annual accounts for 473. 54 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
Founded24-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
35150Electricity, gas, steam and air conditioning supply
35230Electricity, gas, steam and air conditioning supply
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.