Gem Trade Services
The computed 12-month bankruptcy probability of Gem Trade Services is 0.4% (very low). The 2024 annual accounts show equity of €26k and a net result of €9k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 20% of 197 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €26k |
| Net result | €9k |
| Better than sector | 20% |
| Active | 11 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.3% | 32.0% | |
| Net result | €9k | €25k | |
| Equity | €26k | €120k | |
| Total assets | €786k | €798k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €9k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €950 |
| Dividends | - |
| Total assets | €786k |
| Equity | €26k |
| Debt | €760k |
| of which ≤ 1y | €760k |
| of which > 1y | - |
| Working capital | €26k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 1.03 |
| Working capital ratio | 3.4% |
| Solvency | 3.3% |
| Debt / equity | 29.21 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 1.1% |
| ROE | 34.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €786k |
| Current assets | 29/58 | €786k |
| Amounts receivable within one year | 40/41 | €764k |
| Cash & bank | 54/58 | €22k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €786k |
| Equity | 10/15 | €26k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €469 |
| Accumulated profits (losses) | 14 | €7k |
| Amounts payable | 17/49 | €760k |
| Amounts payable within one year | 42/48 | €760k |
| Trade debts payable within one year | 44 | €759k |
| Income statement | ||
| Operating result | 9901 | €3k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €465 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €950 |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 03-10-2014 |
| Status | Active |
| Postal code | 2018 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-08-2025 Stefaan Beirens reappointed as statutory auditor
- Stefaan Beirens, Commissaris
Technical details
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}26-03-2025 3 directors appointed
- CHENG Yee Ting Esther, Bestuurder
- EYTAN Amit, Bestuurder
- MAMAN David Manor, Bestuurder
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"uitgifte van de akte en de geco\u00F6rdineerde tekst van de statuten"
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}23-01-2023 J-B de Gellinck reappointed as statutory auditor
- J-B de Gellinck, Commissaris
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Gem Trade Services |