GEMAPHER (0865.737.668): financials and annual accounts

GEMAPHER

Woluwe-Saint-Pierre ·KBO/BCE: BE 0865.737.668

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	3.2m	3.2m	3.2m	3.1m	3.2m	3.1m	3.1m	841,986	1.0m	976,887	965,633	982,768	993,204	1.0m	1.0m	985,171	979,171	965,334	539,202	556,290
`21/28`	2.5m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	374,645	388,797	402,950	417,102	431,255	448,064	467,529	486,994	476,469	495,948	515,428	534,907	554,387
`21`	7,347	14,694	22,041	30,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`22/27`	2.5m	2.5m	2.5m	2.6m	2.5m	2.5m	2.5m	294,695	308,847	323,000	337,152	351,305	368,114	387,579	407,044	426,509	445,988	465,468	484,947	504,427
`22`	2.4m	2.4m	2.5m	2.5m	2.5m	2.5m	2.5m	294,695	308,847	323,000	337,152	351,305	368,114	387,579	407,044	426,509	445,988	465,468	484,947	504,427
`23`	-	4,649	72,259	121,361	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	81,622	91,665	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`28`	235	235	235	235	79,950	79,950	79,950	79,950	79,950	79,950	79,950	79,950	79,950	79,950	79,950	49,960	49,960	49,960	49,960	49,960
`29/58`	677,670	660,430	640,072	446,109	637,950	509,784	512,506	467,341	623,061	573,937	548,531	551,513	545,140	545,708	515,326	508,703	483,223	449,906	4,295	1,903
`29`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	447,346	-	-
`291`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	447,346	-	-
`40/41`	672,348	654,848	531,275	439,262	633,399	509,599	509,640	414,640	623,040	571,140	539,140	545,140	545,140	545,142	503,046	482,846	482,846	-	-	-
`40`	-	-	-	6,386	-	-	6,050	-	400	-	-	-	-	-	2,000	-	-	-	-	-
`41`	672,348	654,848	531,275	432,875	633,399	509,599	503,590	414,640	622,640	571,140	539,140	545,140	545,140	545,142	501,046	482,846	482,846	-	-	-
`54/58`	5,322	5,582	108,796	6,847	4,552	186	2,866	51,697	21	2,797	8,842	5,838	-	566	11,923	-	-	2,167	3,911	1,903
`490/1`	-	-	-	-	-	-	-	1,004	-	-	549	535	-	-	356	25,856	377	393	384	-
Balance sheet: equity and liabilities
`10/49`	3.2m	3.2m	3.2m	3.1m	3.2m	3.1m	3.1m	841,986	1.0m	976,887	965,633	982,768	993,204	1.0m	1.0m	985,171	979,171	965,334	539,202	556,290
`10/15`	2.6m	2.6m	2.5m	2.4m	2.5m	2.3m	3.0m	734,923	830,009	743,341	672,759	646,033	603,396	569,934	376,444	481,396	449,522	411,578	-43,532	-47,159
`10/11`	34,210	34,210	34,210	26,100	26,100	26,100	726,100	726,100	726,100	726,100	726,100	726,100	726,100	726,100	504,960	504,960	504,960	504,960	50,000	50,000
`100`	-	-	-	-	-	-	726,100	726,100	726,100	726,100	726,100	726,100	726,100	726,100	504,960	504,960	504,960	504,960	50,000	50,000
`11`	-	-	-	-	-	26,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	26,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`12`	2.3m	2.3m	2.2m	2.2m	2.2m	2.2m	2.2m	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	-	-	22,041	41,116	11,728	11,728	11,728	8,110	8,110	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,627	-
`130/1`	-	-	-	11,728	11,728	11,728	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	11,728	8,110	8,110	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,777	3,627	-
`1311`	-	-	-	11,728	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	11,728	11,728	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	22,041	29,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	318,153	290,685	215,633	113,652	213,797	69,375	69,449	713	95,798	13,464	-57,118	-83,844	-126,481	-159,943	-132,293	-27,341	-59,215	-97,159	-97,159	-97,159
`17/49`	574,806	619,824	686,655	655,915	718,512	748,921	65,722	107,062	181,850	233,546	292,874	336,735	389,808	443,302	625,875	503,775	529,649	553,756	582,734	603,449
`17`	492,949	555,745	617,437	581,046	628,933	676,417	12,492	60,722	106,262	149,261	189,858	215,657	251,850	286,022	318,286	323,750	358,750	393,750	428,750	463,750
`170/4`	492,949	555,745	617,437	581,046	628,933	676,417	12,492	60,722	106,262	149,261	189,858	215,657	251,850	286,022	318,286	323,750	358,750	393,750	428,750	463,750
`42/48`	81,857	64,079	69,218	74,869	89,580	72,504	53,230	45,541	56,931	40,597	38,296	38,925	34,374	32,264	161,141	180,025	170,899	160,006	153,984	139,698
`42`	62,796	61,691	60,625	52,784	68,214	72,504	48,230	45,541	42,998	40,597	38,296	36,193	34,172	32,264	30,407	66,797	58,680	49,006	35,000	35,000
`43`	-	-	-	-	-	-	-	-	393	-	-	-	2	-	-	14	9	-	-	-
`430/8`	-	-	-	-	-	-	-	-	393	-	-	-	2	-	-	14	9	-	-	-
`44`	-	-	182	6,655	702	-	5,000	-	-	-	-	2,732	200	-	234	2,214	1,210	-	-	1,424
`440/4`	-	-	182	6,655	702	-	5,000	-	-	-	-	2,732	200	-	234	2,214	1,210	-	-	1,424
`45`	16,674	-	6,025	13,042	20,663	-	-	-	13,540	-	-	-	-	-	-	-	-	-	-	-
`450/3`	16,674	-	6,025	13,042	20,663	-	-	-	13,540	-	-	-	-	-	-	-	-	-	-	-
`47/48`	2,387	2,387	2,387	2,387	-	-	-	-	-	-	-	-	-	-	130,500	111,000	111,000	111,000	118,984	103,274
`492/3`	-	-	-	-	-	-	-	800	18,656	43,688	64,720	82,152	103,584	125,016	146,448	-	-	-	-	1
Income statement
`76A`	207	-	-	1,457	157	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9900`	211,344	211,278	209,788	208,472	197,138	230,360	101,729	136,492	132,893	105,893	75,708	85,944	77,777	19,941	-66,046	80,270	89,152	53,218	59,740	26,557
`630`	34,790	97,881	72,208	21,499	14,153	14,153	14,153	14,153	14,153	14,153	14,153	16,809	19,465	19,465	19,465	19,480	19,480	19,479	19,480	19,479
`640/8`	7,524	28,201	9,098	7,514	9,549	10,270	9,870	9,100	8,743	8,652	7,968	7,930	7,823	7,619	9,177	5,525	6,721	6,494	11,302	6,410
`66A`	-	-	-	244,204	-	200,000	-	200,000	-	-	-	-	-	-	-	-	-	-	-	-
`9901`	169,031	85,196	128,481	-64,746	173,436	5,938	77,707	-86,760	109,997	83,088	53,587	61,205	50,489	-7,143	-94,688	55,265	62,952	27,245	28,958	668
`75/76B`	-	-	-	-	-	-	0	-	-	-	0	359	0	9	-	1	2	26	3	1
`75`	-	-	-	-	-	-	0	-	-	-	0	359	0	9	-	1	2	26	3	1
`65/66B`	8,661	9,717	9,490	6,011	8,350	6,011	5,354	8,175	9,789	12,507	26,862	18,926	17,028	20,516	10,264	23,391	25,013	27,118	25,334	20,799
`65`	8,661	9,717	9,490	6,011	8,350	6,011	5,354	8,175	9,789	12,507	26,862	18,926	17,028	20,516	10,264	23,391	25,013	27,118	25,334	20,799
`9903`	160,370	75,479	118,991	-70,757	165,086	-74	72,354	-94,935	100,208	70,582	26,726	42,638	33,461	-27,650	-104,952	31,875	37,941	153	3,627	-20,130
`67/77`	132,902	428	24,357	-	20,663	-	-	151	13,540	-	-	-	-	-	-	0	-3	3	-	-
`9904`	27,468	75,052	94,634	-70,757	144,422	-74	72,354	-95,085	86,668	70,582	26,726	42,638	33,461	-27,650	-104,952	31,874	37,944	150	3,627	-20,130
`789`	-	-	7,347	7,347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	36,735	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	27,468	75,052	101,981	-100,145	144,422	-74	72,354	-95,085	86,668	70,582	26,726	42,638	33,461	-27,650	-104,952	31,874	37,944	150	3,627	-20,130
Appropriation of the result
`9906`	318,153	290,685	215,633	113,652	213,797	69,375	73,067	713	100,132	13,464	-57,118	-83,844	-126,481	-159,943	-132,293	-27,341	-59,215	-97,009	-93,532	-97,159
`14P`	290,685	215,633	113,652	213,797	69,375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	3,618	-	4,333	-	-	-	-	-	-	-	-	150	3,627	-
`6920`	-	-	-	-	-	-	3,618	-	4,333	-	-	-	-	-	-	-	-	150	3,627	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	17-08-2026	2026-00407925	PDF
31-12-2024	full format	21-10-2025	2025-00550638	PDF
31-12-2023	full format	07-08-2024	2024-00335674	PDF
31-12-2022	full format	31-08-2023	2023-00434984	PDF
31-12-2021	full format	26-08-2022	2022-20336192	PDF
31-12-2020	full format	14-07-2021	2021-36000420	PDF
31-12-2019	full format	24-07-2020	2020-34600592	PDF
31-12-2018	micro format	26-08-2019	2019-50500459	PDF
31-12-2017	full format	30-08-2018	2018-55900572	PDF
31-12-2016	full format	27-08-2017	2017-52900526	PDF
31-12-2015	full format	15-07-2016	2016-33800118	PDF
31-12-2014	full format	17-07-2015	2015-32000227	PDF
31-12-2013	full format	28-07-2014	2014-36300111	PDF
31-12-2012	full format	05-07-2013	2013-27500376	PDF
31-12-2011	full format	30-07-2012	2012-36100463	PDF
31-12-2010	full format	24-08-2011	2011-42400470	PDF
31-12-2009	full format	06-07-2010	2010-29100160	PDF
31-12-2008	full format	28-08-2009	2009-68600396	PDF
31-12-2007	full format	07-08-2008	2008-55500224	PDF
31-12-2006	full format	29-10-2007	2007-78300061	PDF
31-12-2005	full format	16-08-2006	2006-63003839	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
203,821	183,077	200,689	-43,246	187,589	20,090	91,860	-72,607	124,149	97,241	67,740	78,014	69,954	12,322	-75,223	74,744	82,432	46,724	48,438	20,147
62,258	172,932	166,842	-49,257	158,575	14,079	86,506	-80,933	100,820	84,734	40,879	59,446	52,926	-8,185	-85,487	51,354	57,424	19,629	23,107	-651
0	100,437	0	1.8m	0	0	2.2m	0	0	0	0	0	0	0	29,990	0	-0	0	0	-
-260	-103,214	101,950	2,295	4,366	-2,680	-48,831	51,677	-2,776	-6,044	3,004	-	-	-11,357	-	-	-	-1,744	2,008	-
595,813	596,351	570,854	371,240	548,370	437,280	459,276	421,800	566,130	533,340	510,235	512,588	510,766	513,443	354,184	328,678	312,324	289,900	-149,689	-137,795
82.0%	80.7%	78.5%	78.7%	77.6%	75.8%	97.9%	87.3%	82.0%	76.1%	69.7%	65.7%	60.8%	56.2%	37.6%	48.9%	45.9%	42.6%	-8.1%	-8.5%
8.28	10.31	9.25	5.96	7.12	7.03	9.63	10.26	10.94	14.14	14.32	14.17	15.86	16.91	3.20	2.83	2.83	2.81	0.03	0.01
0.22	0.24	0.27	0.27	0.29	0.32	0.02	0.15	0.22	0.31	0.44	0.52	0.65	0.78	1.66	1.05	1.18	1.35	-	-
1.0%	2.9%	3.8%	-2.9%	5.8%	0.0%	2.4%	-12.9%	10.4%	9.5%	4.0%	6.6%	5.5%	-4.9%	-27.9%	6.6%	8.4%	0.0%	-	-
0.9%	2.3%	3.0%	-2.3%	4.5%	0.0%	2.3%	-11.3%	8.6%	7.2%	2.8%	4.3%	3.4%	-2.7%	-10.5%	3.2%	3.9%	0.0%	0.7%	-3.6%
23.53	18.84	21.15	-7.19	22.46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€555,745	€617,437	€678,061	€633,830	-
Mortgages, amount registered	€700,000	€700,000	€700,000	€700,000	-
Carrying value of the mortgaged assets	€2.5m	€2.5m	€2.5m	€2.5m	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€100,437	-	€1.7m	-
Intangible fixed assets	-	-	-	€42,735	-
Financial fixed assets	-	-	-	€235	-
	€34,790	€97,881	€72,208	€21,499	€14,153

GEMAPHER

Annual accounts 2025

Balance sheet

in €m

in euro

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on GEMAPHER

Next steps

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on GEMAPHER

Next steps

in €m

in euro