GEMA
ActiveSummary
GEMA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €13k. Equity is growing by ~478.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+61
Solvency90▲+18
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.64; short-term debt: 34.9% and cash: 56% of total assets), and 34.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
65.1%
Return on assets
58.9%
Age of the figures
9 mo
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 06-06-2026, 55 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
55 d early
2024
23 d early
2023
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 956%
2024 · €1k
2023: €1k
2024: €1k
2023 → 2025
Total assets
€22k▲ 668%
2024 · €3k
2023: €3k
2024: €3k
2023 → 2025
Net result
€13k▲ 90,671%
2024 · €14
2023: €359
2024: €14
2023 → 2025
Working capital
€13k▲ 833%
2024 · €1k
2023: €1k
2024: €1k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€1k-€1k▲ 1.1%€14k▲ 956%
Operating result€1k-€648▼ 41.9%€17k▲ 2,554%
Net result€359-€14▼ 96.0%€13k▲ 90,671%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,554% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€2k
Current assets
€21k
Equity and liabilities €22k
Equity
€14k ▲ 956%
Debt
€8k ▲ 410%
Debt's share of the balance-sheet total falls from 52.7% to 34.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k
Cash flow
€13k
Current ratio
2.64
Debt to equity
0.54
ROE
90.5%
ROA
58.9%
Interest coverage
102.04
Debt ≤ 1 year
€8k▲
2024 · €2k
Income taxes
€4k▲
2024 · €525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3k€22k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€3k€21k▲
Amounts receivable within one year40/41€292€5k▲
Other amounts receivable41€292€5k▲
Cash at bank and in hand54/58€3k€12k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€3k€22k▲
Equity10/15€1k€14k▲
Contributions10/11€1k€1k=
Reserves13€373€13k▲
Distributable reserves133€373€13k▲
Amounts payable17/49€2k€8k▲
Amounts payable within one year42/48€2k€8k▲
Trade debts44€322€2k▲
Suppliers440/4€322€2k▲
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€189
Other operating charges640/8€227€106▼
Gross operating margin9900€875€17k▲
Operating profit (loss)9901€648€17k▲
Financial income75/76B€19€65▲
Recurring financial income75€19€65▲
Financial charges65/66B€128€170▲
Recurring financial charges65€128€170▲
Profit (loss) for the period before taxes9903€539€17k▲
Income taxes67/77€525€4k▲
Profit (loss) for the period9904€14€13k▲
Profit (loss) for the period to be appropriated9905€14€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14€13k▲
Transfer to equity691/2€14€13k▲
To other reserves6921€14€13k▲
The notes to these accounts (5 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
06-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €13k ▲90671%
Operating result €17k, net result €13k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €14 ▼96%
Net result drops to €14, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gesves · 1 establishment unit since 2023
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.
Rue de Bellaire 25/000B25340 GesvesGround area
825 m²
Building footprint
100 m²
Parcel 92060A0131/00T002, Wallonia. Linked by address, not a title deed.
1 establishment unit
GEMA
since 20232.342.251.278
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92060A0131/00T002 | Wallonia | 825 m² | 1 · 100 m² | - |
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.
Similar companies · same sector, comparable size
BOL D'AIR III
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BE 1009.188.988
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Keyup Partners
BE 1031.276.383
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IMMO LES TAILLES
BE 0866.751.121
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 3,608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68322Real estate appraisal on a fee or contract basis
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:s.guilmot@skynet.be
Phone:0495/580.466