Turnover
≈ €73,000 estimated
The micro format states no turnover.
GEMA
Lifetime
3 annual accounts with figures on one time axispeak €17,490 (2025)
€17,490▲ 20×
peak €13,125 (2025)
€13,125▲ 908×
peak €14,499 (2025)
€14,499▲ 956%
€7,789▲ 410%
Board1 name since 2023
1 directorGUILMOT Sébastien Michel Jean-Luc
Documentsfilings and deeds
06-06-202655 days before the deadline
2025micro format
Gross margin from €875 to €17,490Result from €14 to €13,125Equity from €1,373 to €14,499Debts from €1,529 to €7,789Cash from €2,610 to €12,482
Key points
from the 2025 annual accountsInvestments
€1,879 10.0 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 1 late
The 2023 accounts came 26 days late. The other two were filed on time.
Checked score
99
Excellent
Financially stronger than 89% of micro companies in real estate (NACE 68)
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: 0.2% across 26,626 companies (NACE 68, 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: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €22,288
lowers risk
Liquidity: current ratio 2.64, cash €12,482
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 09-06-2026)
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 68, micro). It does better than 74% of them on solvency, 88% on liquidity, 95% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as GEMA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GEMA itself is lower: 0.1% within 12 months. It rests on far more data about GEMA than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for GEMA. 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 €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.64, above the usual 1.5. Short-term debt is 34.9% and cash 56% of total assets. 34.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises 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 06-06-2026, 55 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
55 days early
2024
23 days early
2023
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 17 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 8 July (3 of the last 3 accounts filed within 50 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0798267735
Incorporation
Founding capital of €1,000, 100 shares · Founder: GUILMOT Sébastien Michel Jean-Luc (comparant) · Appointment: GUILMOT Sébastien Michel Jean-Luc (director) · published on 13-02-2023 · Gazette deed
First establishment
Rue de Bellaire 25/000B2, Gesves
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEMA Gesves | €22,288 | €17,490 | 65.1% | - |
| MEJ Brussels | €27,377 | €20,042 | 78.2% | - |
| TIJL CONSTRUCT Buggenhout | €18,285 | €17,658 | 33.6% | - |
| TRIPLE V Sint-Truiden | €23,600 | €10,234 | 55.8% | - |
| D2A MANAGEMENT Somme-Leuze | €32,151 | €13,244 | 52.0% | - |
| Badmeesters Schilde | €16,880 | €15,451 | 74.0% | - |
| Guwy Niel | €21,610 | €21,516 | -120.5% | - |
These companies have the same main activity as GEMA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €16,900 and €32,200, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 09-02-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.342.251.2785340 Gesves, since 09-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 11-08-2025
Annual accounts 2025
- €22,288▲ 668%
- Filing
- Filed on 06-06-2026, 55 days before the end of the filing period
Insights on GEMA
GEMA files the micro format. That format states no turnover. The gross margin rose from €1,317 in 2023 to €17,490 in 2025.
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 GEMA
- What is the company number of GEMA?
- The company number of GEMA is 0798.267.735. The VAT number is the same number with BE in front: BE 0798.267.735.
- Where is GEMA based?
- The registered office is at Rue de Bellaire 25/000B2, 5340 Gesves.Company details
- What does GEMA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GEMA?
- GEMA is a private limited company (BV).
- When was GEMA founded?
- GEMA was founded on 09-02-2023.
- Is GEMA still active?
- Yes, GEMA is an active enterprise in the KBO register.
- What is the turnover of GEMA?
- The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €17,490 and 48 comparable companies (NACE 68121). It probably lies between €36,000 and €230,000. It is a rough estimate.Financials
- Is GEMA profitable?
- In financial year 2025, GEMA made a profit of €13,125.
- Where can I find the annual accounts of GEMA?
- GEMA filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEMA due?
- GEMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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