GEDIMEX
ActiveGEDIMEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €329k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-43
Solvency61▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.46 in 2024; short-term debt: 63.8% and cash: 67.3% of total assets), but 64.3% 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
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
35.7%
Return on assets
10.3%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
42 d early
2023
51 d early
2022
108 d early
2021
79 d early
2020
96 d early
2019
63 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.14M▲ 15.7%
2024 · €982k
2018: €643k
2019: €674k
2020: €694k
2021: €798k
2022: €942k
2023: €975k
2024: €982k
2018 → 2025
Total assets
€3.18M▲ 4.7%
2024 · €3.04M
2018: €1.52M
2019: €1.65M
2020: €1.37M
2021: €1.81M
2022: €2.71M
2023: €3.07M
2024: €3.04M
2018 → 2025
Net result
€329k▼ 45.7%
2024 · €606k
2018: €28k
2019: €32k
2020: €19k
2021: €104k
2022: €224k
2023: €493k
2024: €606k
2018 → 2025
Working capital
€1.08M▲ 16.2%
2024 · €928k
2018: €538k
2019: €587k
2020: €619k
2021: €716k
2022: €881k
2023: €950k
2024: €928k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€798k-€942k▲ 18.1%€975k▲ 3.5%€982k▲ 0.6%€1.14M▲ 15.7%
Operating result€101k-€234k▲ 131%€542k▲ 132%€577k▲ 6.4%€379k▼ 34.3%
Net result€104k-€224k▲ 115%€493k▲ 120%€606k▲ 22.9%€329k▼ 45.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.18M
Fixed assets
€73k▼ 23.5%
Current assets
€3.11M▲ 5.6%
Equity and liabilities €3.18M
Equity
€1.14M▲ 15.7%
Debt
€2.05M▼ 0.6%
The debt ratio falls from 67.7% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€406k▼
2024 · €602k
Cash flow
€356k▼
2024 · €631k
Solvency
35.7%▲
2024 · 32.3%
Current ratio
1.53▲
2024 · 1.46
Quick ratio
1.51▲
2024 · 1.36
Debt / equity
1.80▼
2024 · 2.10
ROE
29.0%▼
2024 · 61.8%
ROA
10.3%▼
2024 · 19.9%
Interest coverage
2.31▼
2024 · 8.12
Debt
€2.05M▼
2024 · €2.06M
Debt ≤ 1 year
€2.03M▲
2024 · €2.02M
Debt > 1 year
€15k▼
2024 · €42k
Income taxes
€56k▲
2024 · €4k
Staff costs
€71k▲
2024 · €68k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.04M€3.18M▲
Fixed assets21/28€96k€73k▼
Tangible fixed assets22/27€96k€73k▼
Land and buildings22€79€0▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€89k€68k▼
Financial fixed assets28€135€135=
Current assets29/58€2.95M€3.11M▲
Stocks and contracts in progress3€196k€52k▼
Stocks30/36€196k€52k▼
Amounts receivable within one year40/41€1.33M€913k▼
Trade receivables40€1.24M€834k▼
Other amounts receivable41€89k€79k▼
Current investments50/53€0-
Cash at bank and in hand54/58€1.42M€2.14M▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.04M€3.18M▲
Equity10/15€982k€1.14M▲
Contributions10/11€186k€186k=
Reserves13€796k€950k▲
Distributable reserves133€796k€950k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.06M€2.05M▼
Amounts payable after more than one year17€42k€15k▼
Financial debts170/4€42k€15k▼
Amounts payable within one year42/48€2.02M€2.03M▲
Current portion of amounts payable after more than one year42€33k€26k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€999k€1.04M▲
Suppliers440/4€999k€1.04M▲
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€4k€2k▼
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€975k€952k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Non-recurring operating income76A€11k€0▼
Remuneration, social security and pensions62€68k€71k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-160k€6k▲
Other operating charges640/8€169k€6k▼
Non-recurring operating charges66A€454€0▼
Gross operating margin9900€679k€488k▼
Operating profit (loss)9901€577k€379k▼
Financial income75/76B€107k€181k▲
Recurring financial income75€107k€181k▲
Financial charges65/66B€74k€175k▲
Recurring financial charges65€74k€175k▲
Profit (loss) for the period before taxes9903€610k€385k▼
Income taxes67/77€4k€56k▲
Profit (loss) for the period9904€606k€329k▼
Profit (loss) for the period to be appropriated9905€606k€329k▼
Appropriation of the result
Profit (loss) to be appropriated9906€606k€329k▼
Transfer to equity691/2€6k€154k▲
To other reserves6921€6k€154k▲
Profit to be distributed694/7€600k€175k▼
Directors or managers695€600k€175k▼
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (25 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.14M ▲15.7%
8 profitable years in a row build equity to €1.14M.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €606k ▲22.9%
Operating result €577k, net result €606k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €19k ▼39.6%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-05
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
4 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, Wevelgem · 1 establishment unit since 1991
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.
Bergelen 778560 WevelgemGround area
752 m²
Building footprint
76 m²
Volume, LiDAR
303 m³
Parcel 34012D0300/00P003, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GEDIMEX
since 19912.054.012.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012D0300/00P003 | Flanders | 752 m² | 1 · 76 m² | 5.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 93 EUR awarded · 93 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 93 EUR | 93 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWevelgem2.054.012.711
Legal Entity Identifier
549300KPNKDJCN7UP819
Similar companies · same sector, comparable size
ETS DISKABEL
BE 0436.874.241
Schaarbeek · Eq €1.14M
A. LENAERS HORECA EN DIEPVRIESCENTRUM
BE 0438.098.223
Genk · Eq €1.15M
PELTRI BEHEER EN DISTRIBUTIE
BE 0450.521.844
Hechtel-Eksel · Eq €1.16M
Jules Vrancken en Zonen
BE 0430.040.689
Bree · Eq €1.16M
ETS. J.L. LAMBERT
BE 0429.145.519
Hoeilaart · Eq €1.11M
Of 699 companies in sector 46392 we hold annual accounts for 486. 310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-1991
Fiscal year end31-12
Activities, NACEBEL
46392Non-specialised wholesale
51392
01430Raising of horses and other equines
46381Wholesale trade
46391Wholesale trade
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.