GEMARO
ActiveSummary
GEMARO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386,459 and a net result of -€1,791. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 1885 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 47 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €459 | €460 | €499 | €513 | €626 | ▲ 21.9% |
| Gross operating margin9900 | -€859 | -€1,050 | -€1,142 | -€1,036 | -€1,069 | ▼ 3.1% |
| Operating profit (loss)9901 | -€1,317 | -€1,509 | -€1,642 | -€1,550 | -€1,695 | ▼ 9.3% |
| Financial income75/76B | €1 | €1 | €2 | €1 | €7 | ▲ 715% |
| Recurring financial income75 | €1 | €1 | €2 | €1 | €7 | ▲ 715% |
| Financial charges65/66B | €38 | €29 | €52 | €45 | €101 | ▲ 124% |
| Recurring financial charges65 | €38 | €29 | €52 | €45 | €101 | ▲ 124% |
| Profit (loss) for the period before taxes9903 | -€1,355 | -€1,538 | -€1,692 | -€1,594 | -€1,788 | ▼ 12.2% |
| Income taxes67/77 | €0 | €0 | €0 | €0 | €2 | ▲ 1,538% |
| Profit (loss) for the period9904 | -€1,355 | -€1,538 | -€1,692 | -€1,594 | -€1,791 | ▼ 12.3% |
| Profit (loss) for the period to be appropriated9905 | -€1,355 | -€1,538 | -€1,692 | -€1,594 | -€1,791 | ▼ 12.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €408,416 | €394,578 | €394,599 | €394,555 | €394,559 | = |
| Current assets29/58 | €408,416 | €394,578 | €394,599 | €394,555 | €394,559 | = |
| Amounts receivable after more than one year29 | €407,768 | €393,936 | €393,936 | €393,936 | €393,936 | = |
| Other amounts receivable291 | €407,768 | €393,936 | €393,936 | €393,936 | €393,936 | = |
| Amounts receivable within one year40/41 | €11 | €11 | €11 | €11 | €11 | = |
| Other amounts receivable41 | €11 | €11 | €11 | €11 | €11 | = |
| Cash at bank and in hand54/58 | €637 | €630 | €651 | €607 | €611 | ▲ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €408,416 | €394,578 | €394,599 | €394,555 | €394,559 | = |
| Equity10/15 | €393,073 | €391,535 | €389,843 | €388,249 | €386,459 | ▼ 0.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €331,073 | €329,535 | €327,843 | €326,249 | €324,459 | ▼ 0.5% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €324,873 | €323,335 | €321,643 | €320,049 | €318,259 | ▼ 0.6% |
| Amounts payable17/49 | €15,343 | €3,043 | €4,756 | €6,306 | €8,100 | ▲ 28.5% |
| Amounts payable within one year42/48 | €15,343 | €3,043 | €4,756 | €6,306 | €8,100 | ▲ 28.5% |
| Trade debts44 | €1,512 | €1,074 | €912 | €810 | €768 | ▼ 5.2% |
| Suppliers440/4 | €1,512 | €1,074 | €912 | €810 | €768 | ▼ 5.2% |
| Other amounts payable47/48 | €13,831 | €1,969 | €3,844 | €5,496 | €7,333 | ▲ 33.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,355 | -€1,538 | -€1,692 | -€1,594 | -€1,791 | ▼ 12.3% |
| Operating cash flow (approximation) | -€1,355 | -€1,538 | -€1,692 | -€1,594 | -€1,791 | ▼ 12.3% |
| Change in cash | - | -€7 | €21 | -€44 | €4 | ▲ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0374/00B000 | Flanders | 1.4 ha | - | - |
| 31030A0201/00S024 | Flanders | 724 m² | 1 · 155 m² | 9.8 m · 3 fl. |
| 31003D0022/00E012 | Flanders | 529 m² | 1 · 179 m² | 9.0 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.