Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €46,235
- Solvency
- 51.9%
Total assets▲ 3.9%
Net result
20182024
GEMAX ENGINEERING
ActiveSummary
GEMAX ENGINEERING has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €644,600 and a net result of €46,235. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 20776 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Computer programming
NACE 62100NACE 62010NACE 72220
1 site
Size
€1.2mtotal assets 2024
- Equity
- €644,600
- Profit
- €46,235
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 89+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €1.2m+ Founded in 1995+ Liquidity: current ratio 0.94, cash €239,831Show the evidence
Checked score
Score 2024
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 40% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
77+2
equity 51.9% of total assets
Liquidity
57+12
short-term debt 36.9% · cash 19.3%
Profitability
54-10
return on assets 3.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.1%▼ -1.3% vs 12-2024
02-2025: 0.2%▲ +2.0% vs 01-2025
03-2025: 0.2%▲ +2.6% vs 02-2025
04-2025: 0.1%▼ -5.1% vs 03-2025
05-2025: 0.2%▲ +2.7% vs 04-2025
06-2025: 0.1%▼ -8.6% vs 05-2025
07-2025: 0.2%▲ +37.4% vs 06-2025
08-2025: 0.3%▲ +50.3% vs 07-2025
09-2025: 0.3%▲ +3.8% vs 08-2025
10-2025: 0.4%▲ +22.5% vs 09-2025highest value
11-2025: 0.1%▼ -80.5% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%● 0.0% vs 12-2025
02-2026: 0.1%▲ +2.8% vs 01-2026
03-2026: 0.1%▲ +2.7% vs 02-2026
04-2026: 0.1%▼ -6.7% vs 03-2026
05-2026: 0.1%▲ +1.4% vs 04-2026
06-2026: 0.1%▼ -9.9% vs 05-2026lowest value
07-2026: 0.1%▲ +20.3% vs 06-2026
08-2026: 0.1%▲ +57.1% vs 07-2026
09-2026: 0.1%▲ +5.8% vs 08-2026
10-2026: 0.2%▲ +21.1% vs 09-2026
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Size: total assets €1.2m lowers the probability for this profile
- Founded in 1995 lowers the probability for this profile
- Liquidity: current ratio 0.94, cash €239,831 lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.74 in 2023; short-term debt: 36.9% and cash: 19.3% of total assets), and 48.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 45%, liquidity 40%, profitability 22%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
78 d late
2022
129 d late
2021
75 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €49,913
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 30-09-2025Annual accounts filed
- 17-10-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 20-06-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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