GEMECA CONSTRUCTION
Open bankruptcyA bankruptcy procedure is open for GEMECA CONSTRUCTION according to publications in the Belgian State Gazette; curator: ARNAUD MEUNIER.
Summary
The 2024 annual accounts show negative equity (-€49,491) and a net result of €33,966.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 7 July 2026
- Supervising judge
- Benoit Marcin
- Official Gazette
- 13-07-2026 (pdf) ↗search the document for 2026/131840
Deadlines
- Appeal or third-party opposition until
- passed on 28 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 August 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 August 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 7 July 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Arnaud MeunierGrand-Place 113, 5300 01 Sclayna.meunier@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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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 8% of 1295 sector peers (2024).
NBB · sector comparisonPosition among 1295 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 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
33 d late
2023
59 d late
2022
66 d late
2021
76 d late
2020
47 d late
2019
31 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 52 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33,966
2023 · -€161,093
Working capital
-€68,112▲ 38.7%
2023 · -€111,038
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,452€3,446▼ 59.2%-€152,724€51,059
Net result€2,462within the sector's middle half-€511below the sector's middle half-€161,093below the sector's middle half▼ 31,400%€33,966within the sector's middle half
Equity€75,686within the sector's middle half=€78,147within the sector's middle half▲ 3.3%€77,636within the sector's middle half▼ 0.7%-€83,457below the sector's middle half-€49,491below the sector's middle half▲ 40.7%
Total assets€79,211within the sector's middle half▲ 1.6%€282,352within the sector's middle half▲ 256%€352,019above the sector's middle half▲ 24.7%€360,976within the sector's middle half▲ 2.5%€610,470within the sector's middle half▲ 69.1%
Debt€3,525▲ 56.6%€204,205▲ 5,692%€274,384▲ 34.4%€444,433▲ 62.0%€659,961▲ 48.5%
Working capital€75,686within the sector's middle half▲ 65.7%€56,869within the sector's middle half▼ 24.9%€60,977within the sector's middle half▲ 7.2%-€111,038below the sector's middle half-€68,112below the sector's middle half▲ 38.7%
Solvency95.5%above the sector's middle half▼ 1.6pp27.7%within the sector's middle half▼ 67.9pp22.1%within the sector's middle half▼ 5.6pp-23.1%below the sector's middle half▼ 45.2pp-8.1%below the sector's middle half▲ 15.0pp
Current ratio22.47above the sector's middle half▲ 1.171.28within the sector's middle half▼ 21.191.22within the sector's middle half▼ 0.060.75below the sector's middle half▼ 0.470.90below the sector's middle half▲ 0.15
Return on assets (ROA)0.9%within the sector's middle half-0.1%below the sector's middle half▼ 1.0pp-44.6%below the sector's middle half▼ 44.5pp5.6%within the sector's middle half▲ 50.2pp
Staff (FTE)22below the sector's middle half=1.4below the sector's middle half▼ 30.0%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result -31,400% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €51,059 after a loss of €152,724 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €610,470
Fixed assets
€18,621 ▼ 32.5%
Current assets
€591,849 ▲ 77.5%
Key figures and ratios
EBITDA
€60,512▲
2023 · -€144,749
Cash flow
€43,420▲
2023 · -€153,117
Debt to equity
-13.33▼
2023 · -5.33
Interest coverage
3.54▲
2023 · -17.29
Debt ≤ 1 year
€659,961▲
2023 · €444,433
Staff costs
€31,882▼
2023 · €84,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €381 | €76,050 | €84,914 | €31,882 | ▼ 62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,651 | €4,859 | €7,976 | €9,454 | ▲ 18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €408,418 | - | - |
| Other operating charges640/8 | - | €11,733 | €3,360 | €2,527 | €2,412 | ▼ 4.5% |
| Gross operating margin9900 | - | €22,217 | €87,715 | €351,111 | €94,806 | ▼ 73.0% |
| Operating profit (loss)9901 | - | €8,452 | €3,446 | -€152,724 | €51,059 | ▲ 133% |
| Financial income75/76B | - | €93 | €702 | €1 | €1 | ▼ 22.7% |
| Recurring financial income75 | - | €93 | €702 | €1 | €1 | ▼ 22.7% |
| Financial charges65/66B | - | €289 | €600 | €8,369 | €17,094 | ▲ 104% |
| Recurring financial charges65 | - | €289 | €600 | €8,369 | €17,094 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | - | €8,256 | €3,548 | -€161,093 | €33,966 | ▲ 121% |
| Income taxes67/77 | - | €5,794 | €4,059 | - | - | - |
| Profit (loss) for the period9904 | - | €2,462 | -€511 | -€161,093 | €33,966 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | - | €2,462 | -€511 | -€161,093 | €33,966 | ▲ 121% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,211 | €282,352 | €352,019 | €360,976 | €610,470 | ▲ 69.1% |
| Fixed assets21/28 | - | €21,278 | €16,659 | €27,581 | €18,621 | ▼ 32.5% |
| Tangible fixed assets22/27 | - | €19,626 | €14,767 | €27,581 | €18,621 | ▼ 32.5% |
| Plant, machinery and equipment23 | - | €1,629 | €1,013 | €397 | - | - |
| Furniture and vehicles24 | - | €17,997 | €13,754 | €27,184 | €18,621 | ▼ 31.5% |
| Financial fixed assets28 | - | €1,652 | €1,892 | - | - | - |
| Current assets29/58 | €79,211 | €261,074 | €335,360 | €333,395 | €591,849 | ▲ 77.5% |
| Amounts receivable within one year40/41 | €79,211 | €223,776 | €305,026 | €279,071 | €479,100 | ▲ 71.7% |
| Trade receivables40 | - | €134,739 | €218,542 | €194,207 | €384,499 | ▲ 98.0% |
| Other amounts receivable41 | - | €89,037 | €86,484 | €84,863 | €94,601 | ▲ 11.5% |
| Cash at bank and in hand54/58 | - | €35,662 | €30,334 | €54,324 | €112,749 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €1,635 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,211 | €282,352 | €352,019 | €360,976 | €610,470 | ▲ 69.1% |
| Equity10/15 | €75,686 | €78,147 | €77,636 | -€83,457 | -€49,491 | ▲ 40.7% |
| Contributions10/11 | - | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Reserves13 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Distributable reserves133 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€19,314 | -€16,853 | -€17,364 | -€178,457 | -€144,491 | ▲ 19.0% |
| Amounts payable17/49 | €3,525 | €204,205 | €274,384 | €444,433 | €659,961 | ▲ 48.5% |
| Amounts payable within one year42/48 | €3,525 | €204,205 | €274,384 | €444,433 | €659,961 | ▲ 48.5% |
| Trade debts44 | €3,295 | €197,396 | €262,812 | €412,511 | €633,511 | ▲ 53.6% |
| Suppliers440/4 | - | €197,396 | €262,812 | €412,511 | €633,511 | ▲ 53.6% |
| Taxes, remuneration and social security45 | - | €5,840 | €11,572 | €31,922 | €26,451 | ▼ 17.1% |
| Taxes450/3 | - | €5,840 | €10,695 | €22,157 | €15,586 | ▼ 29.7% |
| Remuneration and social security454/9 | - | - | €877 | €9,766 | €10,864 | ▲ 11.2% |
| Other amounts payable47/48 | - | €970 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | €2,462 | -€511 | -€161,093 | €33,966 | ▲ 121% |
| + Depreciation and write-downs630 | - | €1,651 | €4,859 | €7,976 | €9,454 | ▲ 18.5% |
| Operating cash flow (approximation) | - | €4,113 | €4,348 | -€153,117 | €43,420 | ▲ 128% |
| Investment in fixed assets (approximation) | - | - | -€240 | -€18,898 | -€493 | ▲ 97.4% |
| Change in cash | - | - | -€5,328 | €23,990 | €58,425 | ▲ 144% |
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
2026
13-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 07-07-2026
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 33 days late
2024
31-12
Financial
Back to profitnet €33,966
Net result €33,966 after 2 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 59 days late
2023
31-12
Financial
Weakest financial yearnet -€161,093
Net result drops to -€161,093, the lowest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are 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, Namur · 1 establishment unit since 1955
Ground area
2,634 m²
Building footprint
1,021 m²
Volume, LiDAR
15,069 m³
Parcel 92078A0002/02G002, Wallonia · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Dessus de Lives(LO) 2, 5101 Namur
since 19552.104.510.416
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ARNAUD MEUNIER GRAND-PLACE 113, 5300 01
SCLAYN |
07-07-2026 → present |
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Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 13,216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-1955
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401758756
Also
9925:BE0401758756
Registered
11-02-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.