GEM
ActiveSummary
GEM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €811,335 and a net result of €101,367. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 53% of 89 sector peers (NACE 95, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Repair and maintenance of computers and communication equipment
NACE 95100Wholesale of information and communication equipment NACE 46500
4th largest employer in the province of Namur, Repair of computers and personal goods sector1 site
Size
€1.6mtotal assets 2026
- Staff
- 20.8 FTE
- Equity
- €811,335
- Profit
- €101,367
Structure
- Board
- 5 members
- BOUVY Emmanuel, Michel, GhislainManaging director
2026 accounts 21 days early2 of 10 deeds summarised
Why 92raises risk1 of the last 3 latelowers riskFounded in 2008Liquidity: current ratio 1.93, cash €352,433Equity €811,335 (50.2% of total assets)Show the evidence
Checked score
Score 2026
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 95, small)
Financial strength · tick = 2025
Strong
Solvency
75-2
equity 50.2% of total assets
Liquidity
56+1
short-term debt 43.9% · cash 21.8%
Profitability
77-3
return on assets 6.3%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.4%▲ +0.2 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025highest value
03-2025: 0.2%▼ -0.2 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.93, compared with 2.01 in 2025, above the usual 1.5; short-term debt: 43.9% and cash: 21.8% of total assets), and 49.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, small): better than 71% on solvency, 76% on liquidity, 70% on profitability and 26% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-10-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
21 days early
2025
24 days early
2024
99 days late
2023
29 days early
2022
35 days early
2021
34 days early
2020
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · abbreviated…
- Resignations: JACQUEMART (administrateur et adm délégué)…Appointments: Kali Solution SRL (administrateur…
- Annual accounts filedfinancial year 2025 · full…
Financials · financial year 2026, abbreviated format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101,367▼ 32.0%
2025 · €148,967
Working capital
€662,204▼ 10.2%
2025 · €737,130
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result has fallen three years in a row; 2026 is 39% below 2025 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2026
Net result€0.1m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.6m
2026
Equity€0.8m
2026
Debt€0.8m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.7m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)6.3%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency50.2%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.93
2026
Average staff in full-time equivalents (FTE).
Staff (FTE)20.8
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.2m-€0.2m▲ 60.0%€0.3m▲ 36.1%€0.2m▼ 34.6%€0.3m▲ 37.1%€0.3m▼ 6.2%€0.2m▼ 22.5%€0.1m▼ 39.0%
Net result€0.08m-€0.1m▲ 80.6%€0.2mabove the sector's middle half▲ 48.4%€0.1mwithin the sector's middle half▼ 38.5%€0.2mabove the sector's middle half▲ 56.4%€0.2mabove the sector's middle half▲ 1.1%€0.1mwithin the sector's middle half▼ 24.9%€0.1m▼ 32.0%
Equity€0.6m-€0.5m▼ 14.2%€0.7mwithin the sector's middle half▲ 32.0%€0.6mwithin the sector's middle half▼ 4.3%€0.7mwithin the sector's middle half▲ 14.2%€0.8mwithin the sector's middle half▲ 12.5%€0.8mwithin the sector's middle half▲ 1.4%€0.8m▼ 3.4%
Total assets€1.3m-€1.2m▼ 7.7%€1.4mwithin the sector's middle half▲ 17.7%€1.3mwithin the sector's middle half▼ 7.6%€1.4mwithin the sector's middle half▲ 10.9%€1.4mwithin the sector's middle half▲ 0.3%€1.6mwithin the sector's middle half▲ 13.4%€1.6m=
Debt€0.7m-€0.7m▼ 2.0%€0.7m▲ 6.8%€0.6m▼ 10.7%€0.7m▲ 7.6%€0.6m▼ 12.9%€0.8m▲ 30.0%€0.8m▲ 3.7%
Working capital€0.4m-€0.3m▼ 6.5%€0.5mwithin the sector's middle half▲ 43.5%€0.5mwithin the sector's middle half▲ 5.2%€0.6mabove the sector's middle half▲ 18.8%€0.7mabove the sector's middle half▲ 15.6%€0.7mwithin the sector's middle half▲ 3.2%€0.7m▼ 10.2%
Solvency46.6%-43.3%▼ 3.3pp48.6%within the sector's middle half▲ 5.3pp50.3%within the sector's middle half▲ 1.7pp51.8%within the sector's middle half▲ 1.5pp58.1%above the sector's middle half▲ 6.3pp51.9%within the sector's middle half▼ 6.1pp50.2%▼ 1.8pp
Current ratio1.61-1.56▼ 0.051.75within the sector's middle half▲ 0.191.84within the sector's middle half▲ 0.091.91within the sector's middle half▲ 0.072.20within the sector's middle half▲ 0.292.01within the sector's middle half▼ 0.191.93▼ 0.08
Return on assets (ROA)6.0%-11.6%▲ 5.7pp14.7%above the sector's middle half▲ 3.0pp9.8%above the sector's middle half▼ 4.9pp13.8%above the sector's middle half▲ 4.0pp13.9%above the sector's middle half▲ 0.1pp9.2%within the sector's middle half▼ 4.7pp6.3%▼ 2.9pp
Staff (FTE)18.3-17.8▼ 2.7%17.9above the sector's middle half▲ 0.6%17.3above the sector's middle half▼ 3.4%17.5above the sector's middle half▲ 1.2%18.5above the sector's middle half▲ 5.7%20.9above the sector's middle half▲ 13.0%20.8▼ 0.5%
above
within
below
the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.6m
Fixed assets
€245,312 ▲ 61.2%
Current assets
€1.4m ▼ 6.4%
Equity and liabilities €1.6m
Equity
€811,335 ▼ 3.4%
Debt
€805,809 ▲ 3.7%
Debt's share of the balance-sheet total rises from 48.1% to 49.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€220,793▼
2025 · €282,970
Cash flow
€188,960▼
2025 · €213,427
Quick ratio
1.04▼
2025 · 1.47
Debt to equity
0.99▲
2025 · 0.93
ROE
12.5%▼
2025 · 17.7%
Interest coverage
18.49▲
2025 · 14.75
Debt ≤ 1 year
€709,628▼
2025 · €727,914
Debt > 1 year
€96,181▲
2025 · €47,992
Income taxes
€31,670▼
2025 · €69,470
Staff costs
€976,172▲
2025 · €911,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
96.5%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.003m | - | €0.005m | €0.005m | ▲ 1.1% |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.8m | €0.8m | €0.9m | €1.0m | ▲ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.1m | €0.1m | €0.07m | €0.07m | €0.06m | €0.09m | ▲ 35.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.005m | €0.01m | €0.006m | €0.006m | €0.01m | ▲ 97.4% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.04m | €0.03m | €0.03m | €0.03m | ▼ 3.0% |
| Gross operating margin9900 | €1.1m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | ▲ 0.6% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 39.0% |
| Financial income75/76B | - | - | - | €0.005m | €0.005m | €0.02m | €0.02m | €0.01m | ▼ 38.4% |
| Recurring financial income75 | €0.005m | €0.008m | €0.005m | €0.005m | €0.005m | €0.02m | €0.02m | €0.01m | ▼ 38.4% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.01m | €0.02m | €0.01m | ▼ 37.8% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.02m | €0.01m | ▼ 37.8% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 39.1% |
| Income taxes67/77 | €0.06m | €0.1m | €0.1m | €0.08m | €0.09m | €0.09m | €0.07m | €0.03m | ▼ 54.4% |
| Profit (loss) for the period9904 | €0.08m | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 32.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.3m | €1.2m | €1.4m | €1.3m | €1.4m | €1.4m | €1.6m | €1.6m | = |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 61.2% |
| Intangible fixed assets21 | €0.2m | €0.1m | €0.06m | - | - | - | - | €0.07m | - |
| Tangible fixed assets22/27 | €0.1m | €0.09m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 16.6% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.01m | €0.009m | €0.009m | €0.03m | ▲ 256% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 30.6% |
| Other tangible fixed assets26 | - | - | - | - | - | - | - | €0.05m | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.0m | €1.0m | €1.2m | €1.1m | €1.3m | €1.3m | €1.5m | €1.4m | ▼ 6.4% |
| Stocks and contracts in progress3 | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.6m | ▲ 58.9% |
| Stocks30/36 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.6m | ▲ 58.9% |
| Amounts receivable within one year40/41 | €0.4m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 25.7% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 10.8% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.04m | €0.01m | €0.008m | €0.04m | ▲ 322% |
| Current investments50/53 | - | - | €0.1m | €0.1m | €0.1m | €0.5m | €0.5m | €0.1m | ▼ 73.2% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.4m | €0.3m | €0.5m | €0.2m | €0.3m | €0.4m | ▲ 0.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.01m | €0.02m | €0.02m | €0.03m | ▲ 24.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.4m | €1.3m | €1.4m | €1.4m | €1.6m | €1.6m | = |
| Equity10/15 | €0.6m | €0.5m | €0.7m | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | ▼ 3.4% |
| Contributions10/11 | €0.2m | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.4m | €0.4m | €0.6m | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | ▼ 3.6% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | ▼ 3.6% |
| Amounts payable17/49 | €0.7m | €0.7m | €0.7m | €0.6m | €0.7m | €0.6m | €0.8m | €0.8m | ▲ 3.7% |
| Amounts payable after more than one year17 | €0.07m | €0.05m | €0.05m | €0.02m | €0.009m | - | €0.05m | €0.1m | ▲ 100% |
| Financial debts170/4 | - | - | - | €0.02m | €0.009m | - | €0.05m | €0.04m | ▼ 24.6% |
| Other amounts payable178/9 | - | - | - | - | - | - | - | €0.06m | - |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.7m | €0.6m | €0.7m | €0.6m | €0.7m | €0.7m | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.01m | €0.009m | €0.01m | €0.01m | ▲ 3.5% |
| Financial debts43 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 0.5% |
| Credit institutions430/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 0.5% |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 40.9% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 40.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 22.6% |
| Taxes450/3 | - | - | - | €0.09m | €0.1m | €0.1m | €0.1m | €0.03m | ▼ 70.9% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 8.5% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 28.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.002m | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,089 | €137,422 | €203,907 | €125,430 | €196,215 | €198,439 | €148,967 | €101,367 | ▼ 32.0% |
| + Depreciation and write-downs630 | €175,528 | €204,974 | €135,795 | €136,571 | €74,848 | €70,319 | €64,460 | €87,593 | ▲ 35.9% |
| Operating cash flow (approximation) | €251,617 | €342,395 | €339,702 | €262,001 | €271,063 | €268,757 | €213,427 | €188,960 | ▼ 11.5% |
| Investment in fixed assets (approximation) | - | -€118,088 | -€152,528 | -€49,616 | -€57,543 | -€58,820 | -€100,953 | -€180,763 | ▼ 79.1% |
| Change in cash | - | €144,200 | €127,826 | -€59,615 | €203,819 | -€317,296 | €126,401 | €2,794 | ▼ 97.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | abbreviated format | 10-10-2026 | 2026-00553100 |
| 31-03-2025 | full format | 07-10-2025 | 2025-00533243 |
| 31-03-2024 | full format | 07-02-2025 | 2025-00030840 |
| 31-03-2023 | full format | 02-10-2023 | 2023-00464470 |
| 31-03-2022 | full format | 26-09-2022 | 2022-20435236 |
| 31-03-2021 | full format | 27-09-2021 | 2021-68600558 |
| 31-03-2020 | full format | 02-10-2020 | 2020-58600257 |
| 31-03-2019 | full format | 25-06-2019 | 2019-22500386 |
| 31-03-2018 | full format | 06-09-2018 | 2018-62300071 |
| 31-03-2017 | full format | 07-09-2017 | 2017-60300411 |
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Of the 852 active companies whose main activity is repair and maintenance of computers and communication equipment (NACE 95100), figures are known for 269. 127 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
5 directors, 5 in day-to-day management, last change in 2025
Board 5
KALI SOLUTION
CurrentAdministrateur et adm délégué · since 24-10-2025 · Private limited company · permanent representative: JACQUEMART Benoit
MB Management
CurrentAdministrateur et adm délégué · since 24-10-2025 · Limited partnership · permanent representative: BOUVY Emmanuel
BOUVY Emmanuel, Michel, Ghislain
CurrentDirector (not named in the articles)
JACQUEMART Benoît, Désiré, Albert, Ghislain
CurrentDirector (not named in the articles)
LAUDELOUT Fabio, Francis, Ghislain
CurrentDirector (not named in the articles)
Day-to-day management 5
BOUVY Emmanuel, Michel, Ghislain
CurrentManaging director · since 19-07-2023
JACQUEMART Benoît, Désiré, Albert, Ghislain
CurrentManaging director · since 19-07-2023
LAUDELOUT Fabio, Francis, Ghislain
CurrentManaging director · since 19-07-2023
KALI SOLUTION
CurrentAdministrateur et adm délégué · since 24-10-2025 · Private limited company · permanent representative: JACQUEMART Benoit
MB Management
CurrentAdministrateur et adm délégué · since 24-10-2025 · Limited partnership · permanent representative: BOUVY Emmanuel
Permanent representatives 2
BOUVY Emmanuel
CurrentPermanent representative · since 24-10-2025 · for MB Management
JACQUEMART Benoit
CurrentPermanent representative · since 24-10-2025 · for KALI SOLUTION
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 10 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
7 people since 2023, 5 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BOUVY Emmanuel, Michel, Ghislain |
|
| JACQUEMART Benoît, Désiré, Albert, Ghislain |
|
| LAUDELOUT Fabio, Francis, Ghislain |
|
| KALI SOLUTION |
|
| MB Management |
|
| BOUVY Emmanuel |
|
| JACQUEMART |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 19-07-2023 ↗
- BOUVY Emmanuel Michel Ghislain 320 shares
- JACQUEMART Benoît Désiré Albert Ghislain 320 shares
- LAUDELOUT Fabio Francis Ghislain 320 shares
- BAUVIR Olivier 320 shares
- LEBLANC Pascal André René Ghislain 320 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 19-07-2023 Converted to unavailable equity
Group and network
Connections & network
5 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2027, expected by
2026
10-10
NBB filing
Annual accounts filed
financial year 2026 · abbreviated format
2025
24-10
Gazette deed
Resignations: JACQUEMART (administrateur et adm délégué) and BOUVY Emmanuel (administrateur et adm délégué)Appointments: Kali Solution SRL (administrateur et adm délégué) and MB Management SComm (administrateur et adm délégué) · Permanent representatives: JACQUEMART Benoit and BOUVY Emmanuel7 facts ▸
Gazette deed
Resignations: JACQUEMART (administrateur et adm délégué) and BOUVY Emmanuel (administrateur et adm délégué)
Appointments: Kali Solution SRL (administrateur et adm délégué) and MB Management SComm (administrateur et adm délégué) · Permanent representatives: JACQUEMART Benoit and BOUVY Emmanuel7 facts ▸
- General meeting, 27/09/25
- Director resignation, JACQUEMART (administrateur et adm délégué)
- Director resignation, BOUVY Emmanuel (administrateur et adm délégué)
- Director appointment, Kali Solution SRL (administrateur et adm délégué)
- Director appointment, MB Management SComm (administrateur et adm délégué)
- Permanent representative, JACQUEMART Benoit
- Permanent representative, BOUVY Emmanuel
07-10
NBB filing
Annual accounts filed
financial year 2025 · full format
07-02
NBB filing
Annual accounts filed
financial year 2024 · full format · 99 days late
2023
02-10
NBB filing
Annual accounts filed
financial year 2023 · full format
19-07
Gazette deed
Legal-form change · Resignations & appointmentsResignations: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain · Reappointments: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain · Appointments: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain27 facts ▸
Gazette deed
Legal-form change · Resignations & appointments
Resignations: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain · Reappointments: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain · Appointments: BOUVY Emmanuel Michel Ghislain, JACQUEMART Benoît Désiré Albert Ghislain and LAUDELOUT Fabio Francis Ghislain27 facts ▸
- General meeting, 03-07-2023
- Shareholding, 320, “registre des actions nominatives” (deed in French)
- Shareholding, 320 (4 times)
- Capital (2 times)
- Other provision, “ordre du jour et quorum, adapter statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- General meeting
- Amendment of the articles (2 times)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Reserve release, “supprimer compte indisponible et rendre disponible pour distribution”, EUR (deed in French)
- Purpose change
- Registered office clause, “5600 Philippeville,rue de Neuville,2B” (deed in French)
- +15 further facts in this act
2022
26-09
NBB filing
Annual accounts filed
financial year 2022 · full format
2021
27-09
NBB filing
Annual accounts filed
financial year 2021 · full format
31-03
Financial
Highest result from 2019 to 2026net €203,907 ▲48.4%
Operating result €334,771, net result €203,907, both a record.
2020
02-10
NBB filing
Annual accounts filed
financial year 2020 · full format
2019
25-06
NBB filing
Annual accounts filed
financial year 2019 · full format
2018
06-09
NBB filing
Annual accounts filed
financial year 2018 · full format
2017
07-09
NBB filing
Annual accounts filed
financial year 2017 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
2 of 10 deeds read
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Register details
Identification
Legal formPrivate limited company
Founded10-10-2008
Financial year end31-03
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
95100Repair and maintenance of computers and communication equipment
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807018125
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Philippeville · 1 establishment unit since 2008
Ground area
9,799 m²
Building footprint
554 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
GEM
since 2008unit no. 2.173.545.811
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 93056D0102/00G000indicative | Wallonia | 9,227 m² | - | - |
| 93056D0115/00F000 | Wallonia | 572 m² | 1 · 554 m² | - |
How the parcels are linked
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GEM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Frais représentation,voyages et déplacements en sus, rémunération des administrateurs” (deed in French)“Personnes physiques ou morales actionnaires ou non, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of September
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l’assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)