Equity
-€3,627
Debts exceed assets in financial year 2024.
GEMADIS
Lifetime
14 annual accounts with figures on one time axis, 25 filings since 1992peak €30,051 (2007)
-€184▲ €622
lowest -€15,565 (2016)
-€697▲ €803
peak €10,000 (2017)
-€3,627▼ €697
€3,661▲ 0.2%
Board4 names since 2017
1 director
Documentsfilings and deeds
20-08-202520 days late
2024micro format
Gross margin from -€806 to -€184Loss of €697Equity from -€2,930 to -€3,627Cash from €725 to €34
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Key points
from the 2024 annual accountsLosses
-€10,633 in five years
Every financial year from 2020 to 2024 closed with a loss. 2020 was the heaviest.
Payment terms
769 days to suppliers
GEMADIS pays its suppliers 392 days later than in 2023.
Filings
25 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 left
A director left. Latest change 21-05-2026 · 0 in office.
Position in the sector
-10573.8%
Lower solvency than 95% of companies in advertising and market research. Sector median 55.0% · 8,787 companies.
Turnover not published (micro format)
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Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as GEMADIS has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 6,619 companies, not a prediction for GEMADIS. 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
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Signals
8 signals are hidden.
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Board and ownership
last known boardManager, until 2026
- 749 sharesdeed of 21-05-2026
- 1 sharedeed of 21-05-2026
Recent changes
Change of role: , from sole director to sole manager
holds 749 shares · holds 1 share · General meeting of 29-04-2026 · Gazette deed
Appointment: (sole director)
Director discharge: · General meeting of 14-12-2025 · Gazette deed
UBO non-compliance
effective 29-12-2025 · KBO administration
UBO non-compliance
effective 31-03-2025 · KBO administration
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEMADIS Ottignies-Louvain-la-Neuve | €34 | -€184 | -10573.8% | - |
| ALCATEC Anderlecht | €45 | -€297 | -249800.2% | - |
| NET@MORPHOSIS Perwez | €22 | -€2,509 | -27332.8% | - |
| Idétech Ninove | €10 | €587 | -705930.0% | - |
| Krisko Lettering Service Koksijde | €161 | €2,660 | -8331.9% | - |
| RAHIMOV Leuven | €124 | €407 | 3.4% | - |
| PHAEDRA Westerlo | €255 | -€1,761 | -40582.9% | - |
These companies have the same main activity as GEMADIS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €10 and €255, founded between 1990 and 2013.
Official details
Source: KBO- Status
- Active since 20-06-1991Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.053.431.8971050 Ixelles, since 02-07-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on GEMADIS
GEMADIS files the micro format. That format states no turnover. The gross margin fell from €14,217 in 2006 to -€184 in 2024.
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 GEMADIS
- What is the company number of GEMADIS?
- The company number of GEMADIS is 0444.435.291. The VAT number is the same number with BE in front: BE 0444.435.291.
- Where is GEMADIS based?
- The registered office is at Avenue des Combattants 91, 1340 Ottignies-Louvain-la-Neuve.Company details
- What does GEMADIS do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of GEMADIS?
- GEMADIS is a general partnership (VOF).
- When was GEMADIS founded?
- GEMADIS was founded on 20-06-1991.
- Is GEMADIS still active?
- Yes, GEMADIS is an active enterprise in the KBO register.
- What is the turnover of GEMADIS?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is GEMADIS profitable?
- In financial year 2024, GEMADIS made a loss of €697.
- Where can I find the annual accounts of GEMADIS?
- GEMADIS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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