GEMATEC
ActiveFinancials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 The financial year closed on 31 December 2022. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 3 November 2026.
Annual accounts 2021 filed on 17-10-2022 PDF all 28 filings
Turnover
€1,660
EBIT margin
37.6%
Net result
€554
2020 · -€2,527
Working capital
€11,496▲ 36.2%
2020 · €8,442
Multi-year overview
2018 to 2021, 4 financial yearsTurnover
€1,660
2021
20182021
Operating result
€624
2021
20182021
Net result
€554
2021
20182021
EBIT margin
37.6%
2021
20182021
Equity
€11,496
▲ 36.2%
2021
20182021
Total assets
€39,469
▼ 27.7%
2021
20182021
Debt
€27,973
▼ 39.4%
2021
20182021
Working capital
€11,496
▲ 36.2%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€1,660
Operating result€3,036--€2,775-€2,415▲ 13.0%€624
Net result€2,978--€2,831-€2,527▲ 10.7%€554
EBIT margin37.6%
Equity€13,800-€10,969▼ 20.5%€8,442▼ 23.0%€11,496▲ 36.2%
Total assets€48,556-€47,065▼ 3.1%€54,579▲ 16.0%€39,469▼ 27.7%
Debt€34,756-€36,096▲ 3.9%€46,137▲ 27.8%€27,973▼ 39.4%
Working capital€13,800-€10,969▼ 20.5%€8,442▼ 23.0%€11,496▲ 36.2%
The operating result for 2021 is a profit of €624, after a loss of €2,415 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €39,469
Equity
€11,496 ▲ 36.2%
Debt
€27,973 ▼ 39.4%
Debt's share of the balance-sheet total falls from 84.5% to 70.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.41▲
2020 · 1.18
Quick ratio
1.28▲
2020 · 1.10
Debt to equity
2.43
ROE
4.8%▲
2020 · -29.9%
ROA
1.4%▲
2020 · -4.6%
Debt ≤ 1 year
€27,973▼
2020 · €46,137
Customer credit
7458 days
Supplier credit
1228 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1,660 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €3,025 | - |
| Other operating charges640/8 | - | - | - | €11 | - |
| Gross operating margin9900 | €3,047 | -€2,772 | -€2,415 | €635 | - |
| Operating profit (loss)9901 | €3,036 | -€2,775 | -€2,415 | €624 | - |
| Financial charges65/66B | - | - | - | €70 | - |
| Recurring financial charges65 | €58 | €56 | €112 | €70 | ▼ 37.5% |
| Profit (loss) for the period before taxes9903 | €2,978 | -€2,831 | -€2,527 | €554 | - |
| Profit (loss) for the period9904 | €2,978 | -€2,831 | -€2,527 | €554 | - |
| Profit (loss) for the period to be appropriated9905 | €2,978 | -€2,831 | -€2,527 | €554 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €48,556 | €47,065 | €54,579 | €39,469 | ▼ 27.7% |
| Current assets29/58 | €48,556 | €47,065 | €54,579 | €39,469 | ▼ 27.7% |
| Stocks and contracts in progress3 | €3,796 | €3,796 | €3,796 | €3,796 | = |
| Stocks30/36 | - | - | - | €3,796 | - |
| Amounts receivable within one year40/41 | €33,037 | €33,347 | €50,734 | €35,630 | ▼ 29.8% |
| Trade receivables40 | - | - | - | €33,919 | - |
| Other amounts receivable41 | - | - | - | €1,711 | - |
| Cash at bank and in hand54/58 | €7 | - | €49 | €43 | ▼ 12.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €48,556 | €47,065 | €54,579 | €39,469 | ▼ 27.7% |
| Equity10/15 | €13,800 | €10,969 | €8,442 | €11,496 | ▲ 36.2% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Capital10 | - | - | - | €30,987 | - |
| Issued capital100 | - | - | - | €30,987 | - |
| Profit (loss) carried forward14 | -€17,187 | -€20,018 | -€22,545 | -€19,491 | ▲ 13.5% |
| Amounts payable17/49 | €34,756 | €36,096 | €46,137 | €27,973 | ▼ 39.4% |
| Amounts payable within one year42/48 | €34,756 | €36,096 | €46,137 | €27,973 | ▼ 39.4% |
| Trade debts44 | - | €53 | €8,615 | €10,180 | ▲ 18.2% |
| Suppliers440/4 | - | - | - | €10,180 | - |
| Taxes, remuneration and social security45 | - | - | - | €2 | - |
| Taxes450/3 | - | - | - | €2 | - |
| Other amounts payable47/48 | - | - | - | €17,791 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,978 | -€2,831 | -€2,527 | €554 | - |
| Operating cash flow (approximation) | €2,978 | -€2,831 | -€2,527 | €554 | - |
| Change in cash | - | - | - | -€6 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 17-10-2022 | 2022-20464606 | |
| 31-12-2020 | full format | 10-08-2021 | 2021-48100529 | |
| 31-12-2019 | full format | 29-07-2020 | 2020-38200306 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-42900241 | |
| 31-12-2017 | full format | 28-07-2018 | 2018-40800556 | |
| 31-12-2016 | full format | 30-07-2017 | 2017-40400491 | |
| 31-12-2015 | full format | 30-07-2016 | 2016-39700350 | |
| 31-12-2014 | full format | 30-07-2015 | 2015-37600257 | |
| 31-12-2013 | full format | 30-07-2014 | 2014-39100523 | |
| 31-12-2012 | full format | 30-07-2013 | 2013-39600139 |