Gembel
ActiveFinancials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 11-09-2026 at the NBB all 48 filings
Every figure per financial year
The operating result for 2024 is a loss of €2,102, smaller than the loss of €2,206 in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,127 | €1,210 | €1,231 | €1,247 | ▲ 1.3% |
| Gross operating margin9900 | -€862 | -€797 | -€838 | -€823 | -€1,221 | -€975 | -€855 | ▲ 12.3% |
| Operating profit (loss)9901 | -€1,978 | -€1,915 | -€1,964 | -€1,950 | -€2,431 | -€2,206 | -€2,102 | ▲ 4.7% |
| Financial income75/76B | - | - | - | €79,657 | €62,820 | €14,968 | €69,015 | ▲ 361% |
| Recurring financial income75 | €46,244 | €23,093 | €6,112 | €79,657 | €62,820 | €14,968 | €69,015 | ▲ 361% |
| Financial charges65/66B | - | - | - | €17 | €7,482 | €33,462 | - | - |
| Recurring financial charges65 | - | - | €77,291 | €17 | €7,482 | €33,462 | - | - |
| Profit (loss) for the period before taxes9903 | €44,265 | €21,177 | -€159,313 | €77,690 | €52,907 | -€20,700 | €66,913 | - |
| Profit (loss) for the period9904 | €44,265 | €21,177 | -€159,313 | €77,690 | €52,907 | -€20,700 | €66,913 | - |
| Profit (loss) for the period to be appropriated9905 | €44,265 | €21,177 | -€159,313 | €77,690 | €52,907 | -€20,700 | €66,913 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.9m | €2.9m | €2.7m | €2.8m | €2.8m | €2.8m | €2.9m | ▲ 3.0% |
| Fixed assets21/28 | €0.2m | €0.2m | - | - | - | - | - | - |
| Financial fixed assets28 | €0.2m | €0.2m | - | - | - | - | - | - |
| Current assets29/58 | €2.7m | €2.7m | €2.7m | €2.8m | €2.8m | €2.8m | €2.9m | ▲ 3.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other amounts receivable291 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Stocks and contracts in progress3 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Stocks30/36 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts receivable within one year40/41 | €2.6m | €2.6m | €2.6m | €2.7m | €2.7m | €2.7m | €2.8m | ▲ 3.1% |
| Trade receivables40 | - | - | - | €0.9m | €1.0m | €0.9m | €1.0m | ▲ 6.4% |
| Other amounts receivable41 | - | - | - | €1.8m | €1.8m | €1.8m | €1.8m | ▲ 1.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.9m | €2.9m | €2.7m | €2.8m | €2.8m | €2.8m | €2.9m | ▲ 3.0% |
| Equity10/15 | €2.5m | €2.5m | €2.3m | €2.4m | €2.5m | €2.5m | €2.5m | ▲ 2.7% |
| Contributions10/11 | €3.2m | €3.2m | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Reserves13 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves not available under the articles1311 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Profit (loss) carried forward14 | -€1.9m | -€1.8m | -€2.0m | -€1.9m | -€1.9m | -€1.9m | -€1.8m | ▲ 3.5% |
| Amounts payable17/49 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 5.1% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 5.1% |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.4% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.4% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 2.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,265 | €21,177 | -€159,313 | €77,690 | €52,907 | -€20,700 | €66,913 | - |
| Operating cash flow (approximation) | €44,265 | €21,177 | -€159,313 | €77,690 | €52,907 | -€20,700 | €66,913 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as Gembel has now. Two years later, 96.2% were still going and 0.2% had gone 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.
The bankruptcy probability of Gembel itself is higher: 2.1% within 12 months. It rests on far more data about Gembel than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for Gembel. 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.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 11-09-2026 | 2026-00512703 | |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00442369 | |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00466678 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20350257 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-60500165 | |
| 31-12-2019 | abbreviated format | 29-10-2020 | 2020-65700596 | |
| 31-12-2018 | abbreviated format | 28-08-2019 | 2019-56200253 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-55900481 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-53300049 | |
| 31-12-2015 | abbreviated format | 14-10-2016 | 2016-65700322 |