GEEMS
ActiveGEEMS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-54k) and a net result of €-119k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▼-37
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 1.51 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-377.7%
Return on assets
-825.8%
Age of the figures
11 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€54k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
120 d early
2023
33 d early
2022
2 d late
2021
39 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-54k
2024 · €65k
2019: €804k
2020: €821k
2021: €306k
2022: €108k
2023: €116k
2024: €65k
2019 → 2025
Total assets
€14k▼ 91.6%
2024 · €172k
2019: €1.08M
2020: €1.06M
2021: €538k
2022: €485k
2023: €351k
2024: €172k
2019 → 2025
Net result
€-119k▼ 131%
2024 · €-52k
2019: €49k
2020: €17k
2021: €42k
2022: €-54k
2023: €8k
2024: €-52k
2019 → 2025
Working capital
€-54k
2024 · €54k
2019: €803k
2020: €821k
2021: €292k
2022: €123k
2023: €97k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€306k-€108k▼ 64.9%€116k▲ 7.9%€65k▼ 44.4%€-54k
Operating result€54k-€-7k€-20k▼ 175%€-45k▼ 121%€-121k▼ 168%
Net result€42k-€-54k€8k€-52k€-119k▼ 131%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €121k in 2025 against €45k in 2024; the loss grows and 2025 is the lowest year so far.
Key figures and ratios
EBITDA
€-120k▼
2024 · €-36k
Cash flow
€-118k▼
2024 · €-42k
Solvency
-377.7%▼
2024 · 37.5%
Current ratio
0.21▼
2024 · 1.51
Quick ratio
0.21▼
2024 · 0.84
Debt / equity
-1.26▼
2024 · 1.66
ROE
218.6%▲
2024 · -79.9%
ROA
-825.8%▼
2024 · -30.0%
Interest coverage
-139.84▼
2024 · -5.64
Debt
€69k▼
2024 · €107k
Debt ≤ 1 year
€69k▼
2024 · €107k
Income taxes
€-32▼
2024 · €160
Staff costs
€24k▼
2024 · €149k
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€172k€14k▼
Formation expenses20-€0
Fixed assets21/28€10k€0▼
Tangible fixed assets22/27€10k€0▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€9k€0▼
Current assets29/58€162k€14k▼
Stocks and contracts in progress3€72k-
Stocks30/36€72k-
Amounts receivable within one year40/41€21k€5k▼
Trade receivables40€6k-
Other amounts receivable41€15k€5k▼
Cash at bank and in hand54/58€67k€10k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€172k€14k▼
Equity10/15€65k€-54k▼
Contributions10/11€19k€19k=
Reserves13€143k€143k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€137k€137k=
Profit (loss) carried forward14€-98k€-216k▼
Amounts payable17/49€107k€69k▼
Amounts payable within one year42/48€107k€69k▼
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€82k€69k▼
Suppliers440/4€82k€69k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€20k€169▼
Taxes450/3-€169
Remuneration and social security454/9€20k-
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€149k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k-
Other operating charges640/8€23k€3k▼
Non-recurring operating charges66A-€80k
Gross operating margin9900€107k€-12k▼
Operating profit (loss)9901€-45k€-121k▼
Financial income75/76B€169€3k▲
Recurring financial income75€169€3k▲
Financial charges65/66B€6k€856▼
Recurring financial charges65€6k€856▼
Profit (loss) for the period before taxes9903€-51k€-119k▼
Income taxes67/77€160€-32▼
Profit (loss) for the period9904€-52k€-119k▼
Profit (loss) for the period to be appropriated9905€-52k€-119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-216k▼
Profit (loss) brought forward from the previous period14P€-46k€-98k▼
The notes to these accounts (7 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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series.
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
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, Aalst · 1 establishment unit since 2007
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.
Sinte Annalaan 1269300 AalstGround area
255 m²
Building footprint
154 m²
Volume, LiDAR
1,054 m³
Parcel 41302C0578/00R002, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEEMS
since 20072.161.198.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0578/00R002 | Flanders | 254 m² | 1 · 154 m² | 12.7 m · 2 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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P3RFORM
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Macsave
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AFTER THE LOOP
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Ukkel · Eq €64k
Of 3,209 companies in sector 47400 we hold annual accounts for 1,793. 1,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2004
Fiscal year end30-09
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52450
47540Retail sale of electrical household appliances
52487
71402
77220Rental and leasing activities
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.