GEMD
ActiveGEMD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €76k and a net result of €66k. Its solvency ranks better than 13% of 7980 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7980 sector peers (2025).
NBB · sector comparisonPosition among 7980 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Young company
Founded in 2024, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€76k
Net result
€66k
Total assets
€1.24M
Solvency
6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €1.24M
Fixed assets
€1.20M
Current assets
€37k
Equity and liabilities €1.24M
Equity
€76k
Debt
€1.16M
Debt finances 93.8% of the balance-sheet total.
Key figures and ratios
Solvency
6.2%
ROE
86.9%
ROA
5.4%
Debt
€1.16M
Debt ≤ 1 year
€304k
Debt > 1 year
€859k
Income taxes
€19k
Staff costs
€9k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€1.24M
Fixed assets21/28€1.20M
Tangible fixed assets22/27€102k
Land and buildings22€62k
Furniture and vehicles24€41k
Financial fixed assets28€1.10M
Current assets29/58€37k
Amounts receivable within one year40/41€28k
Other amounts receivable41€28k
Cash at bank and in hand54/58€8k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€1.24M
Equity10/15€76k
Contributions10/11€10k
Reserves13€66k
Distributable reserves133€66k
Amounts payable17/49€1.16M
Amounts payable after more than one year17€859k
Financial debts170/4€859k
Amounts payable within one year42/48€304k
Current portion of amounts payable after more than one year42€111k
Trade debts44€66k
Suppliers440/4€66k
Taxes, remuneration and social security45€25k
Taxes450/3€25k
Other amounts payable47/48€101k
Income statement
Code2025
Remuneration, social security and pensions62€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k
Other operating charges640/8€3k
Gross operating margin9900€197k
Operating profit (loss)9901€170k
Financial income75/76B€1k
Recurring financial income75€1k
Financial charges65/66B€86k
Recurring financial charges65€86k
Profit (loss) for the period before taxes9903€85k
Income taxes67/77€19k
Profit (loss) for the period9904€66k
Profit (loss) for the period to be appropriated9905€66k
Appropriation of the result
Profit (loss) to be appropriated9906€66k
Transfer to equity691/2€66k
To other reserves6921€66k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugstraat 138904 IeperGround area
731 m²
Building footprint
189 m²
Volume, LiDAR
1,194 m³
Parcel 33003A0820/00D009, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEMD
since 20242.355.456.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003A0820/00D009 | Flanders | 731 m² | 1 · 189 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 11,596 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2024
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.