Equity
€372,835 ▲ 99.0%
Equity rose in 2025 from €187,347 to €372,835.
GEDINAM
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004Gross marginpeak €3.3m (2023)
€2.9m▼ 2.0%
Resultlowest -€26,974 (2010)
€2.5m▼ 4.8%
Equitypeak €372,835 (2025)
€372,835▲ 99.0%
Debts
€808,792▼ 37.8%
Staffpeak 3 FTE (2020)
3 FTEunchanged
Board30 names since 2003all names
19 directorsBRICO - LIENNE and 18 others
Owners6 names in the annual accounts
5.2%ASB
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Capital conversion · Purpose change · Amendment of the articl… 08-01Dividend €2.4mEquity from €187,347 to €372,835Debts from €1.3m to €808,792
Key points
from the 2025 annual accountsFilings
22 annual accounts since 2004
Eight of the last ten came late. The 2020 accounts came latest: 30 days after the end of the period.
Position in the sector
€2.5m
Higher net result than 95% of companies in wholesale trade. Sector median €26,745 · 9,862 companies.
Checked score
97
Excellent
Financially stronger than 75% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -0.2 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.2%▼ -0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.36, cash €696,304
Founded in 2004
Size: 3 FTE, total assets €1.2m
Figures for financial year 2025 (filed on 23-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 41% of them on solvency, 71% on liquidity, 95% on profitability and 93% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as GEDINAM has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GEDINAM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for GEDINAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (1.07 in 2024), below the usual 1.5. Short-term debt is 66.7% and cash 58.9% of total assets. 68.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
27 days late
2023
30 days late
2022
30 days late
2021
29 days late
2020
30 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
A
ASB
Director, COHNEN Horst, since 22-11-2024
C
CAMPAGNE
Director, COLLOT Bernard, since 22-11-2024
CM
Constructions Modernes en béton
Director, JOSSELET Henri, since 22-11-2024
GM
GENAPPE MATERIAUX
Director, VAN DAMME Dominique, since 22-11-2024
- Léon Thiebaut et compagnie 6.25%score 96equity €4.6m (2025) · 2025 annual accounts of Léon Thiebaut et compagnie
- ASB 5.2%score 88equity €5.3m (2025) · 2025 annual accounts of ASB
Recent changes
Capital conversion · Purpose change · Amendment of the articles · Resignations & appointments
Resignations: ASB, BRICO-LIENNE, BRIQUETERIE D'ARLON, CAMPAGNE, Constructions Modernes en béton, Groupe Dévière-Debana et Fils and 13 others · Reappointments: ASB, BRICO-LIENNE, BRIQUETERIE D'ARLON, CAMPAGNE, Constructions Modernes en béton, Groupe Dévière-Debana et Fils and 9 others · Appointments: Holding Lambert-Moreau, WEBMAX and MATERIAUX DE LA GAUME · General meeting of 22-11-2024 · Gazette deed
4 directors appointed, 5 resignations
Resignations: NOEL MATERIAUX SA, BECHET MATERIAUX SA, GERARD-GORSE SA, IMMOBILIERE DE LA BARRIERE DE VILLERS SRL and JACX FINANCIERE SA · Appointments: BRICO-LIENNE SRL, Groupe Dévière-Debana et Fils SRL, BRIQUETTERIE D'ARLON SCRL and MATERIAUX DE LA GAUME SA · General meeting of 30-06-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865335713
Incorporation
published on 01-06-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| GEDINAM Namur | €1.2m | €2.9m | 31.6% | 3 |
| NETZSCH PUMPS BELLUX Ternat | €1.5m | €1.2m | 69.4% | 5.3 |
| FEMM Antwerpen Antwerp | €1.9m | €0.9m | 32.1% | 4.2 |
| The Packaging Group Ranst | €1.1m | €0.5m | 25.7% | 3.1 |
| EARTH TRADING Hoogstraten | €2.6m | €0.8m | 82.2% | 3.3 |
| rEvo Bruges | €2.3m | €1.5m | 38.6% | 4.5 |
| STIM-FORM Andenne | €2.5m | €0.9m | 54.3% | 5.6 |
These companies have the same main activity as GEDINAM: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €1.1m and €2.6m, founded between 1996 and 2006.
Official details
Source: KBO- Status
- Active since 17-05-2004Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.137.425.5835100 Namur, since 29-08-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- Turnover
- ≈ €12.0mestimated
- Total assets
- €1.2m▼ 20.6%
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on GEDINAM
GEDINAM files the abbreviated format. That format states no turnover. The gross margin rose from €90,734 in 2006 to €2.9m in 2025.
In January 2025, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GEDINAM
- What is the company number of GEDINAM?
- The company number of GEDINAM is 0865.335.713. The VAT number is the same number with BE in front: BE 0865.335.713.
- Where is GEDINAM based?
- The registered office is at Rue des Salamandres 1, 5100 Namur.Company details
- What does GEDINAM do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of GEDINAM?
- GEDINAM is a cooperative company (CV).
- When was GEDINAM founded?
- GEDINAM was founded on 17-05-2004.
- Is GEDINAM still active?
- Yes, GEDINAM is an active enterprise in the KBO register.
- How many employees does GEDINAM have?
- GEDINAM had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GEDINAM fall under?
- In its 2025 annual accounts, GEDINAM states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GEDINAM?
- The turnover in financial year 2025 is ≈ €12.0m. This figure is estimated from the gross margin of €2.9m and 98 comparable companies (NACE 46). It probably lies between €7.4m and €21.0m.
- Is GEDINAM profitable?
- In financial year 2025, GEDINAM made a profit of €2.5m.
- Where can I find the annual accounts of GEDINAM?
- GEDINAM filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEDINAM due?
- GEDINAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.