Equity
€908,638 ▲ 211%
Equity rose in 2025 from €291,707 to €908,638.
GEMAR
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €986,798 (2025)
€986,798▲ 484%
lowest -€27,415 (2006)
€616,931▲ 39×
peak €908,638 (2025)
€908,638▲ 211%
€3.0m▲ 54.7%
peak 0 FTE (2022)
0 FTE
Board3 names since 2016
1 director
Owners
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €169,082 to €986,798Result from €15,637 to €616,931Equity from €291,707 to €908,638Debts from €1.9m to €3.0mInvestments €545,486Cash from €8,858 to €242,863
Key points
from the 2025 annual accountsTurnover
≈ €1.1m estimated
The accounts state no turnover.
Debts
€3.0m 74% of the balance sheet
Financial debts 56%Suppliers 18%Taxes and wages 2%Other 23%
Of this, €1.3m falls due within a year.
Investments
€550,000 6.1 × depreciation
Green is investment, beige is depreciation.
Filings
31 annual accounts since 1995
Nine of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.
Position in the sector
€616,931
Higher net result than 93% of companies in real estate. Sector median €12,777 · 12,429 companies.
Net result +3,845%: one-off income
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,614 companies had the same profile as GEMAR has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
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.
| 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 2,614 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453120751
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Beveren-Kruibeke-Zwijndrecht
1 manager appointed, 2 resignations
Resignations: (statutory manager) and (statutory manager) · Appointment: (statutory manager) · Director discharge: · Gazette deed
First establishment
Oude Kapelstraat 11, Beveren-Kruibeke-Zwijndrecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEMAR Beveren-Kruibeke-Zwijndrecht | €4.1m | €1.0m | 22.3% | 0 |
| MESTDAGH - HARDEMAN Torhout | €3.9m | €0.8m | 95.1% | 0 |
| AXEMA Beveren-Kruibeke-Zwijndrecht | €5.4m | €0.9m | 40.9% | 0 |
| DRUANT EN CO Deerlijk | €5.6m | €1.1m | 65.1% | 0 |
| B en R BEHEER Gistel | €6.0m | €1.1m | 25.2% | 0 |
| IMMO J.V.C. Knokke-Heist | €4.9m | €0.6m | 96.8% | 0 |
| VALENCO Puurs-Sint-Amands | €4.6m | €0.6m | 29.0% | 0 |
These companies have the same main activity as GEMAR: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €3.9m and €6m, founded between 1989 and 1999.
Official details
Source: KBO- Status
- Active since 01-08-1994Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 3 others
- Establishment unit
- 2.067.957.8469120 Beveren-Kruibeke-Zwijndrecht, since 23-08-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Insights on GEMAR
GEMAR files the abbreviated format. That format states no turnover. The gross margin rose from €1,632 in 2006 to €986,798 in 2025.
holds all the shares.
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 0453.120.751. The VAT number is the same number with BE in front: BE 0453.120.751.
- Where is GEMAR based?
- The registered office is at Oude Kapelstraat 11, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does GEMAR do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of GEMAR?
- GEMAR is a private limited company (pre-2019) (BVBA).
- When was GEMAR founded?
- GEMAR was founded on 01-08-1994.
- 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 ≈ €1.1m. This figure is estimated from the gross margin of €986,798 and 38 comparable companies (NACE 68201). It probably lies between €990,000 and €1.2m.Financials
- Is GEMAR profitable?
- In financial year 2025, GEMAR made a profit of €616,931.
- Where can I find the annual accounts of GEMAR?
- GEMAR filed 31 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 31-07-2027.Timeline
Next steps
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