GEMELEC
ActiveGEMELEC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277k and a net result of €35k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 27172 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+13
Solvency96▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 2.64 in 2024), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.4%
Return on assets
6.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
8 d late
2023
31 d late
2022
13 d late
2021
29 d late
2020
14 d late
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€277k▼ 1.1%
2024 · €280k
2018: €189k
2019: €227k
2020: €264k
2021: €249k
2022: €272k
2023: €298k
2024: €280k
2018 → 2025
Total assets
€540k▼ 9.8%
2024 · €599k
2018: €262k
2019: €615k
2020: €683k
2021: €688k
2022: €701k
2023: €634k
2024: €599k
2018 → 2025
Net result
€35k▲ 24.3%
2024 · €28k
2018: €46k
2019: €38k
2020: €37k
2021: €22k
2022: €39k
2023: €36k
2024: €28k
2018 → 2025
Working capital
€154k▼ 1.8%
2024 · €157k
2018: €182k
2019: €156k
2020: €181k
2021: €155k
2022: €161k
2023: €177k
2024: €157k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€272k▲ 9.5%€298k▲ 9.5%€280k▼ 6.0%€277k▼ 1.1%
Operating result€25k-€66k▲ 168%€53k▼ 19.7%€40k▼ 24.7%€53k▲ 33.9%
Net result€22k-€39k▲ 73.7%€36k▼ 7.4%€28k▼ 21.3%€35k▲ 24.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540k
Fixed assets
€323k▼ 6.8%
Current assets
€217k▼ 14.0%
Equity and liabilities €540k
Equity
€277k▼ 1.1%
Debt
€263k▼ 17.6%
The debt ratio falls from 53.2% to 48.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€77k▲
2024 · €66k
Cash flow
€58k▲
2024 · €54k
Solvency
51.4%▲
2024 · 46.8%
Current ratio
3.44▲
2024 · 2.64
Quick ratio
3.18▲
2024 · 2.28
Debt / equity
0.95▼
2024 · 1.14
ROE
12.6%▲
2024 · 10.1%
ROA
6.5%▲
2024 · 4.7%
Interest coverage
13.20▲
2024 · 9.87
Debt
€263k▼
2024 · €319k
Debt ≤ 1 year
€63k▼
2024 · €96k
Debt > 1 year
€198k▼
2024 · €222k
Income taxes
€14k▲
2024 · €11k
Staff costs
€15k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€599k€540k▼
Fixed assets21/28€346k€323k▼
Tangible fixed assets22/27€346k€323k▼
Land and buildings22€339k€320k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€1k€0▼
Current assets29/58€253k€217k▼
Stocks and contracts in progress3€35k€17k▼
Stocks30/36€27k€17k▼
Contracts in progress37€8k€0▼
Amounts receivable within one year40/41€77k€39k▼
Trade receivables40€72k€36k▼
Other amounts receivable41€5k€3k▼
Current investments50/53€79k€107k▲
Cash at bank and in hand54/58€53k€48k▼
Deferred charges and accrued income490/1€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€599k€540k▼
Equity10/15€280k€277k▼
Contributions10/11€19k€19k=
Reserves13€262k€259k▼
Distributable reserves133€262k€259k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€319k€263k▼
Amounts payable after more than one year17€222k€198k▼
Financial debts170/4€220k€191k▼
Other amounts payable178/9€3k€7k▲
Amounts payable within one year42/48€96k€63k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€56k€25k▼
Suppliers440/4€56k€25k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€4k€931▼
Other amounts payable47/48€132€1k▲
Accrued charges and deferred income492/3€402€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€5k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€23k▼
Other operating charges640/8€3k€10k▲
Gross operating margin9900€74k€102k▲
Operating profit (loss)9901€40k€53k▲
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€894▼
Non-recurring financial income76B-€321
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€39k€49k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€28k€35k▲
Profit (loss) for the period to be appropriated9905€28k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€35k▲
Transfer from equity791/2€46k€38k▼
Transfer to equity691/2€28k€35k▲
To other reserves6921€28k€35k▲
Profit to be distributed694/7€46k€38k▼
Return on contributions (dividend)694€46k€38k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €22k ▼40.5%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Equity above €200kEq €227k ▲20.1%
2 profitable years in a row build equity to €227k.
11-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Nijlen · 2 establishment units since 2008
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.
Azalealaan 42560 NijlenGround area
1.1 ha
Building footprint
331 m²
Volume, LiDAR
981 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Gemelec
since 20082.176.193.020
Vakenderveld 5.7, 2500 Lier
since 20212.316.436.907
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A1003/00M000 | Flanders | 1.0 ha | 1 · 210 m² | 0.4 m |
| 12026D0673/00E000 | Flanders | 945 m² | 1 · 122 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Vanhoutte Jens
BE 0790.271.272
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HOME SAIL INDUSTRIAL
BE 0547.868.470
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Hanssens Robin
BE 0755.477.867
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STEVENS-DE PAUW SERVICES
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BERRENTEC
BE 0817.201.541
Beringen · Eq €277k
Of 22,731 companies in sector 43211 we hold annual accounts for 10,270. 7,688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.