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GEMAR

Active Private limited company (pre-2019)founded 1989active for 37 yearsJan de Sadelerlaan 16, 2650 EdegemKBO/BCE: BE 0437.933.719 #3 oldest company in Edegem, Administrative and support services sector

Lifetime

19 annual accounts with figures on one time axis, 36 filings since 1990
peak of €473,762 in 2014
€50,560▼ 38.8%
lowest -€72,282 in 2017
€5,869▼ 69.0%
peak of €756,657 in 2016
€412,610▲ 1.4%
€49,475▼ 81.1%
Board2 names since 2021
1 director
Documentsfilings and deeds
18-03-202643 days before the deadline
2025micro format
Gross margin from €82,583 to €50,560Result from €18,958 to €5,869Registered office moved from Lint to Edegem 05-09Debts from €261,543 to €49,475Investments €58,234

Key points

from the 2025 annual accounts

Equity

€412,610 from €756,657 in 2016

Equity fell by 45% in 9 years.

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Investments

€58,234 1.8 times depreciation
202220232025

Green is investment, beige is depreciation.

Liquidity

3.74 was 1.50 in 2024

Short-term debts fell from €222,537 to €26,053.

Filings

36 annual accounts since 1990
deadline1990200020102020

The last five annual accounts were filed 3 to 52 days before the end of the period.

Position in the sector

€412,610

More equity than 90% of companies in office administrative support. Sector median €54,902 · 10,277 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as GEMAR has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for GEMAR. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437933719
Registered office moved from Lint to Edegem The registered office moved from Groenstraat 50 2547 Lint to Jan De Saderlaarı 16 2650 Edegem · General meeting of 28-07-2025 · Gazette deed
Resignation: (director) Appointment: (director) · Director discharge: · General meeting of 30-04-2021 · Gazette deed
Incorporation published on 28-07-1989 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
GEMAR Edegem €503,450 €50,560 82.0% -
APOTHEEK ZUID Antwerp €458,503 €50,706 90.9% -
JALIMA Meise €588,492 €58,426 29.0% -
OVERNAMEBEMIDDELING & ADVIES Kortrijk €454,762 €40,622 23.5% 0.5
ADVIESBUREAU VOOR ARCHITECTUUR EN VASTGOED INGRID MEES Brussels €483,307 €42,862 80.7% -
IMMO BANNEUX Tongeren-Borgloon €476,323 €39,524 67.0% -
Doga Pepingen €505,365 €59,243 43.0% 0

These companies have the same main activity as GEMAR: other business support services (NACE 82990). They are comparable in size and age: total assets between €455,000 and €588,000, founded between 1983 and 1993.

Official details

Source: KBO
Status
Active since 06-07-1989Normal situation
Activity
Other business support servicesNACE 82990and 2 others
Establishment unit
2.167.587.9322650 Edegem, registered on 06-07-1989
Financial year end
30 September
Peppol
Reachable since 22-12-2025
Company details

Annual accounts to 30-09-2025

€503,450▼ 29.4%
Filing
Filed on 18-03-2026, 43 days before the end of the filing period
Financials

Insights on GEMAR

GEMAR files the micro format. That format states no turnover. The gross margin fell from €96,916 in 2007 to €50,560 in 2025.

The balance sheet grew most from 2011 to 2012 through fixed assets.

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 GEMAR

What is the company number of GEMAR?
The company number of GEMAR is 0437.933.719. The VAT number is the same number with BE in front: BE 0437.933.719.
Where is GEMAR based?
The registered office is at Jan de Sadelerlaan 16, 2650 Edegem.Company details
What does GEMAR do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of GEMAR?
GEMAR is a private limited company (pre-2019) (BVBA).
When was GEMAR founded?
GEMAR was founded on 06-07-1989.
Is GEMAR still active?
Yes, GEMAR is an active enterprise in the KBO register.
What is the turnover of GEMAR?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €50,560 and 38 comparable companies (NACE 82). It probably lies between €82,000 and €140,000.Financials
Is GEMAR profitable?
In financial year 2025, GEMAR made a profit of €5,869.
Where can I find the annual accounts of GEMAR?
GEMAR filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEMAR due?
GEMAR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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