GEMAFLEKS
ActiveGEMAFLEKS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €476k and a net result of €68k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-5
Solvency74▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.1 in 2024; short-term debt: 26.9% and cash: 3.2% of total assets), but 51% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
49%
Return on assets
7%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
16 d early
2023
32 d early
2022
2 d late
2021
27 d late
2020
13 d early
2019
22 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€861k
EBIT margin
9.4%
Net result
€68k▲ 52.0%
2024 · €45k
2018: €25k
2019: €17k
2020: €60k
2021: €74k
2022: €55k
2023: €51k
2024: €45k
2018 → 2025
Working capital
€379k▲ 31.7%
2024 · €288k
2018: €69k
2019: €23k
2020: €73k
2021: €81k
2022: €138k
2023: €211k
2024: €288k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€861k
Equity€257k-€312k▲ 21.6%€363k▲ 16.2%€408k▲ 12.4%€476k▲ 16.7%
Operating result€99k-€84k▼ 15.4%€80k▼ 5.0%€81k▲ 1.5%€120k▲ 47.6%
Net result€74k-€55k▼ 24.7%€51k▼ 8.8%€45k▼ 11.2%€68k▲ 52.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €972k
Fixed assets
€331k▼ 10.7%
Current assets
€641k▲ 16.6%
Equity and liabilities €972k
Equity
€476k▲ 16.7%
Debt
€496k▼ 3.2%
The debt ratio falls from 55.7% to 51.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€238k▲
2024 · €220k
Cash flow
€186k▲
2024 · €183k
Solvency
49.0%▲
2024 · 44.3%
Current ratio
2.45▲
2024 · 2.10
Quick ratio
0.99▲
2024 · 0.66
Debt / equity
1.04▼
2024 · 1.26
ROE
14.3%▲
2024 · 11.0%
ROA
7.0%▲
2024 · 4.9%
Interest coverage
12.52▼
2024 · 13.92
Debt
€496k▼
2024 · €512k
Debt ≤ 1 year
€261k=
2024 · €261k
Debt > 1 year
€234k▼
2024 · €251k
Income taxes
€34k▲
2024 · €21k
Staff costs
€134k▲
2024 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€920k€972k▲
Fixed assets21/28€371k€331k▼
Tangible fixed assets22/27€361k€321k▼
Plant, machinery and equipment23€79k€125k▲
Furniture and vehicles24€6k€2k▼
Leasing and similar rights25€276k€194k▼
Financial fixed assets28€10k€10k=
Current assets29/58€550k€641k▲
Stocks and contracts in progress3€376k€382k▲
Stocks30/36€376k€382k▲
Amounts receivable within one year40/41€115k€225k▲
Trade receivables40€115k€224k▲
Other amounts receivable41-€982
Cash at bank and in hand54/58€55k€31k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€920k€972k▲
Equity10/15€408k€476k▲
Contributions10/11€19k€19k=
Reserves13€75k€143k▲
Distributable reserves133€75k€143k▲
Profit (loss) carried forward14€314k€314k▲
Amounts payable17/49€512k€496k▼
Amounts payable after more than one year17€251k€234k▼
Financial debts170/4€233k€216k▼
Other amounts payable178/9€18k€18k=
Amounts payable within one year42/48€261k€261k=
Current portion of amounts payable after more than one year42€93k€105k▲
Financial debts43€30k-
Credit institutions430/8€30k-
Trade debts44€95k€110k▲
Suppliers440/4€95k€110k▲
Taxes, remuneration and social security45€36k€44k▲
Taxes450/3€16k€29k▲
Remuneration and social security454/9€20k€15k▼
Other amounts payable47/48€7k€3k▼
Accrued charges and deferred income492/3-€395
Income statement
Code20242025
Turnover70€861k-
Goods, raw materials, services and sundry goods60/61€509k-
Remuneration, social security and pensions62€130k€134k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€118k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-3k▼
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A-€20k
Gross operating margin9900€360k€396k▲
Operating profit (loss)9901€81k€120k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€16k€19k▲
Recurring financial charges65€16k€19k▲
Profit (loss) for the period before taxes9903€66k€102k▲
Income taxes67/77€21k€34k▲
Profit (loss) for the period9904€45k€68k▲
Profit (loss) for the period to be appropriated9905€45k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€364k€382k▲
Profit (loss) brought forward from the previous period14P€319k€314k▼
Transfer to equity691/2€50k€68k▲
To other reserves6921€50k€68k▲
The notes to these accounts (9 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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
30-09
Financial
Highest result since 2018net €74k ▲22.5%
Net result €74k, the highest in the series.
30-09
Financial
Equity above €200kEq €257k ▲40.2%
4 profitable years in a row build equity to €257k.
17-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €183k ▲48.8%
3 profitable years in a row build equity to €183k.
22-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
30-09
Financial
Weakest financial yearnet €17k ▼30.8%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-10-2022
MAES Stefanie: Resigned as Director
20-04-2020
Salomez Marino: Resigned as Manager
27-01-2020
Patrick Dobbelaere: Resigned as Manager
16-12-2019
Maes Evelyne: Resigned as Manager
30-03-2017
ESET HOLDING: Resigned as Manager
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2012
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.
Kleine Monnikenwerve 188000 BruggeGround area
1,514 m²
Building footprint
635 m²
Volume, LiDAR
3,142 m³
Parcel 31808K0337/00E000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEMAFLEKS
since 20122.206.435.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0337/00E000 | Flanders | 1,514 m² | 1 · 635 m² | 6.6 m · 2 fl. |
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
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BOUWMACHINES G. SNIJERS
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MARCOFLEX
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BOGAERTS Danny
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Bilzen-Hoeselt · Eq €509k
Of 388 companies in sector 46630 we hold annual accounts for 276. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2012
Fiscal year end30-09
Activities, NACEBEL
46630Wholesale trade
46649Wholesale of other machinery and equipment
77221Rental and leasing activities
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.