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GEMELEC

Active
Private limited companyfounded 2008active for 17 yearsAzalealaan 4, 2560 Nijlen, BelgiumKBO/BCE: BE 0808.549.042
Summary

GEMELEC has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277,337 and a net result of €35,051. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 55% of 34,650 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
General electrical installation work
NACE 43211
2 sites
Size
€539,993total assets 2025
Staff
1 FTE
Equity
€277,337
Profit
€35,051
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 13 days late1 of 2 deeds read
Why 85raises riskSector: Specialised construction activities (NACE 43)Latest accounts 13 days late; 1 of the last 3 late2 establishment unitslowers riskFounded in 2008Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 76+4
equity 51.4% of total assets
Liquidity 60+3
short-term debt 11.7% · cash 8.9%
Profitability 77+2
return on assets 6.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,603 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.5 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.3%▼ -0.4 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.44, compared with 2.64 in 2024, above the usual 1.5; short-term debt: 11.7% and cash: 8.9% of total assets), and 48.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 56% on solvency, 58% on liquidity, 53% on profitability and 33% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Latest accounts 13 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2 establishment units
KBO · seat and establishments
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
8 days late
2023
31 days late
2022
13 days late
2021
29 days late
2020
14 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396887.

Equity
€277,337▼ 1.1%
2024 · €280,286
Total assets
€539,993▼ 9.8%
2024 · €598,857
Net result
€35,051▲ 24.3%
2024 · €28,197
Working capital
€154,086▼ 1.8%
2024 · €156,896
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 34% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€53,455 2025 Net result€35,051 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€63,117-€46,012▼ 27.1%€54,496▲ 18.4%€24,623▼ 54.8%€65,984▲ 168%€52,987▼ 19.7%€39,914▼ 24.7%€53,455▲ 33.9%
Net result€45,987-€38,000▼ 17.4%€37,449above the sector's middle half▼ 1.5%€22,294within the sector's middle half▼ 40.5%€38,715above the sector's middle half▲ 73.7%€35,836above the sector's middle half▼ 7.4%€28,197within the sector's middle half▼ 21.3%€35,051above the sector's middle half▲ 24.3%
Equity€188,900-€226,900▲ 20.1%€264,349above the sector's middle half▲ 16.5%€248,701above the sector's middle half▼ 5.9%€272,308above the sector's middle half▲ 9.5%€298,077above the sector's middle half▲ 9.5%€280,286above the sector's middle half▼ 6.0%€277,337above the sector's middle half▼ 1.1%
Total assets€262,359-€615,143▲ 134%€682,701above the sector's middle half▲ 11.0%€688,273above the sector's middle half▲ 0.8%€700,833above the sector's middle half▲ 1.8%€633,732above the sector's middle half▼ 9.6%€598,857above the sector's middle half▼ 5.5%€539,993above the sector's middle half▼ 9.8%
Debt€73,459-€388,243▲ 429%€418,352▲ 7.8%€439,572▲ 5.1%€428,525▼ 2.5%€335,655▼ 21.7%€318,571▼ 5.1%€262,656▼ 17.6%
Working capital€182,279-€155,647▼ 14.6%€180,554above the sector's middle half▲ 16.0%€155,209above the sector's middle half▼ 14.0%€161,466above the sector's middle half▲ 4.0%€177,460above the sector's middle half▲ 9.9%€156,896above the sector's middle half▼ 11.6%€154,086above the sector's middle half▼ 1.8%
Solvency72.0%-36.9%▼ 35.1pp38.7%within the sector's middle half▲ 1.8pp36.1%within the sector's middle half▼ 2.6pp38.9%within the sector's middle half▲ 2.7pp47.0%within the sector's middle half▲ 8.2pp46.8%within the sector's middle half▼ 0.2pp51.4%within the sector's middle half▲ 4.6pp
Current ratio3.48-3.24▼ 0.242.81within the sector's middle half▼ 0.442.09within the sector's middle half▼ 0.712.08within the sector's middle half▼ 0.013.12within the sector's middle half▲ 1.032.64within the sector's middle half▼ 0.483.44above the sector's middle half▲ 0.80
Return on assets (ROA)17.5%-6.2%▼ 11.4pp5.5%within the sector's middle half▼ 0.7pp3.2%within the sector's middle half▼ 2.2pp5.5%within the sector's middle half▲ 2.3pp5.7%within the sector's middle half▲ 0.1pp4.7%within the sector's middle half▼ 0.9pp6.5%within the sector's middle half▲ 1.8pp
Staff (FTE)1-1=1.4within the sector's middle half▲ 40.0%2▲ 42.9%2.1▲ 5.0%2▼ 4.8%0.7▼ 65.0%1▲ 42.9%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539,993
Fixed assets €322,798 ▼ 6.8%
Current assets €217,195 ▼ 14.0%
Equity and liabilities €539,993
Equity €277,337 ▼ 1.1%
Debt €262,656 ▼ 17.6%
Debt's share of the balance-sheet total falls from 53.2% to 48.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€76,757▲
2024 · €66,032
Cash flow
€58,353▲
2024 · €54,314
Quick ratio
3.18▲
2024 · 2.28
Debt to equity
0.95▼
2024 · 1.14
ROE
12.6%▲
2024 · 10.1%
Interest coverage
13.20▲
2024 · 9.87
Debt ≤ 1 year
€63,110▼
2024 · €95,682
Debt > 1 year
€197,911▼
2024 · €222,487
Income taxes
€13,805▲
2024 · €11,257
Staff costs
€15,120▲
2024 · €5,388
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€598,857€539,993▼
Fixed assets21/28€346,279€322,798▼
Tangible fixed assets22/27€346,279€322,798▼
Land and buildings22€339,427€319,612▼
Plant, machinery and equipment23€5,409€3,186▼
Furniture and vehicles24€1,443€0▼
Current assets29/58€252,578€217,195▼
Stocks and contracts in progress3€34,500€16,550▼
Stocks30/36€26,500€16,550▼
Contracts in progress37€8,000€0▼
Amounts receivable within one year40/41€76,843€38,877▼
Trade receivables40€72,242€35,662▼
Other amounts receivable41€4,602€3,215▼
Current investments50/53€78,559€106,531▲
Cash at bank and in hand54/58€52,740€48,081▼
Deferred charges and accrued income490/1€9,936€7,156▼
Equity and liabilities
Total equity and liabilities10/49€598,857€539,993▼
Equity10/15€280,286€277,337▼
Contributions10/11€18,600€18,600=
Reserves13€261,686€258,737▼
Distributable reserves133€261,686€258,737▼
Profit (loss) carried forward14-€0
Amounts payable17/49€318,571€262,656▼
Amounts payable after more than one year17€222,487€197,911▼
Financial debts170/4€219,637€191,011▼
Other amounts payable178/9€2,850€6,900▲
Amounts payable within one year42/48€95,682€63,110▼
Current portion of amounts payable after more than one year42€28,120€28,626▲
Financial debts43€3,422€3,399▼
Credit institutions430/8€3,422€3,399▼
Trade debts44€55,723€24,750▼
Suppliers440/4€55,723€24,750▼
Advances received on contracts in progress46€3,180€0▼
Taxes, remuneration and social security45€5,104€5,204▲
Taxes450/3€1,257€4,273▲
Remuneration and social security454/9€3,847€931▼
Other amounts payable47/48€132€1,130▲
Accrued charges and deferred income492/3€402€1,635▲
Income statement Code20242025
Remuneration, social security and pensions62€5,388€15,120▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,118€23,302▼
Other operating charges640/8€2,986€10,356▲
Gross operating margin9900€74,406€102,233▲
Operating profit (loss)9901€39,914€53,455▲
Financial income75/76B€6,227€1,216▼
Recurring financial income75€6,227€894▼
Non-recurring financial income76B-€321
Financial charges65/66B€6,688€5,814▼
Recurring financial charges65€6,688€5,814▼
Profit (loss) for the period before taxes9903€39,454€48,856▲
Income taxes67/77€11,257€13,805▲
Profit (loss) for the period9904€28,197€35,051▲
Profit (loss) for the period to be appropriated9905€28,197€35,051▲
Appropriation of the result
Profit (loss) to be appropriated9906€28,197€35,051▲
Transfer from equity791/2€45,987€38,000▼
Transfer to equity691/2€28,197€35,051▲
To other reserves6921€28,197€35,051▲
Profit to be distributed694/7€45,987€38,000▼
Return on contributions (dividend)694€45,987€38,000▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€100,238€78,529€55,776€5,388€15,120▲ 181%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,856€21,433€22,632€21,076€23,896€25,724€26,118€23,302▼ 10.8%
Other operating charges640/8---€6,411€2,592€3,168€2,986€10,356▲ 247%
Gross operating margin9900€115,366€127,214€149,390€152,348€171,001€137,655€74,406€102,233▲ 37.4%
Operating profit (loss)9901€63,117€46,012€54,496€24,623€65,984€52,987€39,914€53,455▲ 33.9%
Financial income75/76B---€17,378€448€759€6,227€1,216▼ 80.5%
Recurring financial income75€2,505€493€276€5,138€448€759€6,227€894▼ 85.6%
Non-recurring financial income76B---€12,240---€321-
Financial charges65/66B---€7,972€12,315€4,349€6,688€5,814▼ 13.1%
Recurring financial charges65€553€4,563€7,532€7,972€11,342€4,349€6,688€5,814▼ 13.1%
Non-recurring financial charges66B----€973----
Profit (loss) for the period before taxes9903€65,069€41,943€47,240€34,030€54,117€49,397€39,454€48,856▲ 23.8%
Income taxes67/77€19,082€3,943€9,791€11,736€15,403€13,561€11,257€13,805▲ 22.6%
Profit (loss) for the period9904€45,987€38,000€37,449€22,294€38,715€35,836€28,197€35,051▲ 24.3%
Transfer from tax-exempt reserves789---€15,331-----
Profit (loss) for the period to be appropriated9905€45,987€38,000€37,449€37,625€38,715€35,836€28,197€35,051▲ 24.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€262,359€615,143€682,701€688,273€700,833€633,732€598,857€539,993▼ 9.8%
Fixed assets21/28€6,621€390,068€402,197€391,008€390,047€372,396€346,279€322,798▼ 6.8%
Intangible fixed assets21€576€288-------
Tangible fixed assets22/27€6,045€389,780€402,197€391,008€390,047€372,396€346,279€322,798▼ 6.8%
Land and buildings22---€380,947€373,681€360,245€339,427€319,612▼ 5.8%
Plant, machinery and equipment23---€8,961€9,229€7,861€5,409€3,186▼ 41.1%
Furniture and vehicles24---€1,100€7,137€4,290€1,443€0▼ 100%
Current assets29/58€255,738€225,075€280,504€297,265€310,786€261,336€252,578€217,195▼ 14.0%
Stocks and contracts in progress3€24,234€9,859€11,733€28,717€71,000€46,600€34,500€16,550▼ 52.0%
Stocks30/36---€23,635€63,000€43,600€26,500€16,550▼ 37.5%
Contracts in progress37---€5,082€8,000€3,000€8,000€0▼ 100%
Amounts receivable within one year40/41€100,346€94,574€70,791€91,129€67,490€69,412€76,843€38,877▼ 49.4%
Trade receivables40---€80,750€53,305€68,275€72,242€35,662▼ 50.6%
Other amounts receivable41---€10,379€14,184€1,138€4,602€3,215▼ 30.1%
Current investments50/53€54,660€67,074€79,349€62,544€69,363€89,033€78,559€106,531▲ 35.6%
Cash at bank and in hand54/58€71,985€49,499€115,365€94,793€85,373€43,262€52,740€48,081▼ 8.8%
Deferred charges and accrued income490/1---€20,082€17,559€13,028€9,936€7,156▼ 28.0%
Equity and liabilities
Total equity and liabilities10/49€262,359€615,143€682,701€688,273€700,833€633,732€598,857€539,993▼ 9.8%
Equity10/15€188,900€226,900€264,349€248,701€272,308€298,077€280,286€277,337▼ 1.1%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€170,300€208,300€245,749€230,101€253,708€279,477€261,686€258,737▼ 1.1%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€228,241€251,848€279,477€261,686€258,737▼ 1.1%
Profit (loss) carried forward14-------€0-
Amounts payable17/49€73,459€388,243€418,352€439,572€428,525€335,655€318,571€262,656▼ 17.6%
Amounts payable after more than one year17-€318,673€318,363€297,515€278,231€250,607€222,487€197,911▼ 11.0%
Financial debts170/4---€294,665€275,381€247,757€219,637€191,011▼ 13.0%
Other amounts payable178/9---€2,850€2,850€2,850€2,850€6,900▲ 142%
Amounts payable within one year42/48€73,459€69,428€99,950€142,056€149,319€83,876€95,682€63,110▼ 34.0%
Current portion of amounts payable after more than one year42---€20,848€27,135€27,623€28,120€28,626▲ 1.8%
Financial debts43---€28,494€3,349€3,419€3,422€3,399▼ 0.7%
Credit institutions430/8---€28,494€3,349€3,419€3,422€3,399▼ 0.7%
Trade debts44€41,135€36,380€69,421€80,207€79,650€40,870€55,723€24,750▼ 55.6%
Suppliers440/4---€80,207€79,650€40,870€55,723€24,750▼ 55.6%
Advances received on contracts in progress46----€27,703€3,260€3,180€0▼ 100%
Taxes, remuneration and social security45---€12,466€10,799€7,843€5,104€5,204▲ 2.0%
Taxes450/3----€403€3,561€1,257€4,273▲ 240%
Remuneration and social security454/9---€12,466€10,396€4,282€3,847€931▼ 75.8%
Other amounts payable47/48---€41€683€860€132€1,130▲ 756%
Accrued charges and deferred income492/3----€975€1,172€402€1,635▲ 307%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€45,987€38,000€37,449€22,294€38,715€35,836€28,197€35,051▲ 24.3%
+ Depreciation and write-downs630€2,856€21,433€22,632€21,076€23,896€25,724€26,118€23,302▼ 10.8%
Operating cash flow (approximation)€48,844€59,433€60,081€43,370€62,611€61,561€54,314€58,353▲ 7.4%
Investment in fixed assets (approximation)--€404,880-€34,761-€9,886-€22,936-€8,074€0€179-
Change in cash--€22,485€65,866-€20,572-€9,420-€42,111€9,478-€4,659-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 13-08-2026 2026-00396887
31-12-2024 micro format 08-08-2025 2025-00366661
31-12-2023 micro format 31-08-2024 2024-00425738
31-12-2022 micro format 13-08-2023 2023-00327376
31-12-2021 micro format 29-08-2022 2022-20349920
31-12-2020 micro format 14-08-2021 2021-49700204
31-12-2019 micro format 27-08-2020 2020-45600011
31-12-2018 micro format 11-08-2019 2019-45400481
31-12-2017 micro format 24-06-2018 2018-22700244
31-12-2016 micro format 28-07-2017 2017-37300562

Show all 17 filings

Similar companies · same sector, comparable size

Of the 22,643 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,451. 7,804 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
Michael Gemoets
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Michael Gemoets
  • Director, until 21-11-2023
  • Director (not named in the articles), since before 21-11-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 21-11-2023 Converted to unavailable equity · €20,460

Group and network

Connections & network

1 current director
Depth

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History

On 18 December 2008, GEMELEC was incorporated.1 Total assets went from €262,359 in 2018 to €539,993 in 2025 and headcount from 1 to 1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 13 days late
2025
08-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 8 days late
2024
31-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 31 days late
2023
21-11
Gazette deed Resignation: Michael Gemoets (director)
Reappointment: Michael Gemoets (director) · Amendment of the articles · Capital conversion12 facts ▸
  • General meeting, 13-11-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffen en beschikbaar maken voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Transfer restriction, 9, “overdrachtsregeling wijzigen zoals opgenomen in artikel 9” (deed in Dutch)
  • Purpose change
  • Other provision, “eenparig, invoering schriftelijke en elektronische algemene vergadering” (deed in Dutch)
  • Other provision, “eenparig, mogelijkheid uitkering winsten lopende boekjaar” (deed in Dutch)
  • Name clause, GEMELEC
  • Director resignation, Michael Gemoets (director)
  • Director reappointment, Michael Gemoets (director (not named in the articles))
  • Registered office clause, “2560 Nijlen,Azalealaan 4” (deed in Dutch)
13-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 13 days late
2022
29-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 29 days late
2021
31-12
Financial Weakest financial yearnet €22,294 ▼40.5%
Net result drops to €22,294, the lowest in the series; recovery starts the following year.
14-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 14 days late
2020
27-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 27 days late
2019
31-12
Financial Equity above €200,000equity €226,900 ▲20.1%
A profit in every financial year since 2018 builds equity to €226,900.
11-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 11 days late
2018
24-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
28-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded18-12-2008
Financial year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
Website www.gemelec.beNijlen
E-mail info@gemelec.beNijlen
Phone +32475237815Nijlen
E-invoicing
Reachable via Peppol
Peppol ID 0208:0808549042
Also 9925:BE0808549042
Registered 10-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0808.549.042

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Nijlen · 2 establishment units since 2008
registered office establishment All 2 establishment units on the map
Ground area
1.1 ha
Building footprint
331 m²
Building volume
981 m³
2 parcels, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
2 establishment units
Gemelec
Azalealaan 4, 2560 NijlenGeneral electrical installation work
since 2008unit no. 2.176.193.020
Vakenderveld 5.7, 2500 Lier
General electrical installation work
since 2021unit no. 2.316.436.907
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
12392A1003/00M000 Flanders 1.0 ha 1 · 210 m² 0.4 m
12026D0673/00E000 Flanders 945 m² 1 · 122 m² 10.3 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle elektriciteitswerken,alsook het herinrichten van bestaande gebouwen,het uitvoeren van diverse karweiwerken,het aan- en verkopen van…” (deed in Dutch)
44 activities (deed in Dutch)
  1. Alle elektriciteitswerken,alsook het herinrichten van bestaande gebouwen,het uitvoeren van diverse karweiwerken,het aan- en verkopen van materialen nodig tot het op- en inrichten van gebouwen in de meest uitgebreide zin;de aankoop,verkoop de verwerving ten gelijk welke titel,alsmede de verhuring van alle onroerende goederen
  2. Onderneming voor de installatie van hulpvoedingssystemen(generatoraggregaten)
  3. Aanleg van leidingen voor het vervoer en distributie van elektrische energie
  4. Onderneming voor de installatie van elektrische bedrading en toebehoren
  5. Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen
  6. Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
  7. Installatie en herstelling van airconditioning en warmtepompen
  8. Installatie van verwarming,klimaatregeling en ventilatie
  9. Installaties in gebouwen en andere bouwwerken van verwarmingssystemen op elektriciteit,gas of stookolie,verwarmingsketels,apparaten en leidingen voor ventilatie en klimaatregeling,enzovoort
  10. Installatie van verwarming,klimaatregeling en ventilatie(zonder verwarming)
  11. Onderneming voor de installatie van elektrische verwarmingsinstallaties
  12. Installatie en onderhoud van(industriële)koeltechnische installaties
  13. Installatie en onderhoud van ventilatiesystemen
  14. Aanbrengen in gebouwen en andere bouwwerken van:thermische isolatiemateriaal–isolatiemateriaal tegen geluid en trillingen;isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
  15. Installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
  16. Kleinhandel in verlichtingsartikelen
  17. Het ontwerp,de fabricatie,de installatie,het onderhoud en de herstelling van hernieuwbare energiesystemen en/of de hernieuwbare energie voortgebracht door deze systemen zelf,alsook de aankoop en verkoop,import en export,groot- en kleinhandel ervan
  18. De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,en dergelijke en inzonderheid projecten op het gebied van zonne-energie en milieuvriendelijke energiewinning
  19. De uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,en dergelijke
  20. De vervaardiging en plaatsing van niet-elektrische panelen voor het opvangen van zonne-energie
  21. De vervaardiging en plaatsing van elektrische panelen voor het opvangen van zonne-energie
  22. De vervaardiging van schakel- en verdeelinrichtingen voor elektrische stroom
  23. De aanleg van leidingen voor het vervoer en de distributie van elektrische energie
  24. Het testen en analyseren van materialen,producten,installaties,en dergelijke in verband met hun samenstelling,fysische eigenschappen,prestaties en overeenstemming met vooropgestelde normen of met lastenkohier
  25. Groot- en kleinhandel,import en export,aan- en verkoop,huur en verhuur,handelsbemiddeling en verkoop op commissie in systemen,onderdelen en toebehoren voor het opvangen van zonne-energie en schakel- en verdeelinrichtingen voor elektrische stroom,zowel nieuwe als tweedehandse,inclusief die voor bijzondere doeleinden
  26. Het verwerven,vervreemden,beheren,uitbaten,huren en verhuren,doen bouwen of verbouwen van roerende en onroerende goederen in het algemeen en in het bijzonder onroerende goederen of delen ervan die nuttig kunnen zijn voor het plaatsen van installaties en systemen voor het opvangen van zonne-energie
  27. Het ontwikkelen,de studie,de import en export,aan- en verkoop,distributie,plaatsen en herstellen van alle soorten van conventionele en alternatieve energiesystemen,zoals onder meer zonne-energie,windenergie,energie uit waterkracht,en dergelijke en alle ermee verband houdende toebehoren en onderdelen in al zijn directe en indirecte facetten,levering en plaatsing van de periferische apparatuur
  28. Het integreren van apparatuur voor de opwekking van energie uit hernieuwbare bronnen
  29. Het leveren en plaatsen van fotovoltaïsche panelen bij particulieren en bedrijven,met als doel energie op te wekken
  30. Het leveren en plaatsen van zowel autonome als netgekoppelde systemen
  31. Het leveren en plaatsen van thermische zonne-installaties met als doel de productie van warm water uit zonne-energie
  32. Het leveren en plaatsen van deger tracker installaties die de zon volgen gedurende de dag om zo de productie tot een maximum te verhogen
  33. Het leveren en plaatsen van generatoren(grote en kleine)voor de productie van energie uit wind,en dit zowel netgekoppeld als autonoom
  34. Het leveren en plaatsen van waterstofgeneratoren,brandstofcellen
  35. Helpen bij het tot stand brengen van de subsidiedossiers voor de klanten,opvolging van de producties en aanvragen van groencertificaten
  36. Promotie energiebesparing,studies voor zowel particulieren als bedrijven,studie van mogelijke energiebesparingen op industriële- en huishoudelijke installaties
  37. De productie,installatie,beheer en verhuur van zonnecollectoren,zonneboilers,allerhande toepassingen van zonne-energie en aanverwante systemen en milieutechnologie,ontwikkeling van projecten,zonnesystemen en milieutechnologie binnen de sanitaire sector,de commercialisering,verhuur installatie,verkoop en het beheer van deze systemen en dit zowel aan of voor particulieren,ondernemingen of andere instellingen;onderzoek naar en ontwikkeling van allerhande toepassingen van zonne-energie en milieutechnologie,de commercialisering,verhuur,installatie,verkoop en het beheer van deze toepassingen;onderzoek naar,de productie en de verkoop van allerhande zonne-energieproducten en andere producten die in verband staan met zonne-energie,hernieuwbare energie of conventionele vormen van energie en/of milieutechnologie;de opleiding en vorming van alle mogelijke personen die in contact kunnen komen met de hiervoor bedoelde producten
  38. Ondersteunen en stimuleren van overheidsinitiatieven in de zonne-energie sector,de sector van de hernieuwbare energievormen en/of milieutechnologie
  39. Het coördineren van werken uitgevoerd door onderaannemers met betrekking tot installatie van zonne-energiesystemen en andere milieutechnologieën voor de productie van sanitair warm water en andere toepassingen,met inbegrip van alle bijhorende werken nodig voor een goede uitvoering
  40. Alle werkzaamheden onder de vorm van levering van goederen en/of diensten die rechtstreeks of onrechtstreeks met voorgaande activiteiten verband houden,waaronder adviesverlening,expertisen
  41. Het vervullen van de functie van zaakvoerder,bestuurder,gedelegeerd bestuurder of vereffenaar van vennootschappen naar Belgisch en naar buitenlands recht
  42. De vennootschap handelt voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger
  43. Het beheer van een patrimonium,samengesteld uit onroerende en roerende goederen,het valoriseren en in standhouden van dit patrimonium vooral door beheersdaden;daartoe mag zij alle onroerende,roerende en financiële handelingen verrichten,zoals onder meer aankopen en verkopen van roerende en onroerende goederen,onroerende goederen uitrusten,opschikken,ordenen,valoriseren,verkavelen,huren en verhuren,doen bouwen en verbouwen,en alle mogelijke onroerende handelingen in de meest brede zin,van welke aard ook,met inbegrip van de onroerende leasing,te gelde maken en beleggen in effecten en alle andere waarde elementen
  44. Het verlenen van alle dienstprestaties van economische aard onder meer op het vlak van commissie- en makelaarsactiviteiten,agentuur,opslag,organisatie van commerciële manifestaties en handelsbeurzen.Het vervaardigen of laten vervaardigen en het vervoeren van alle voormelde producten en materialen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, verplaatsing in Vlaamse en Hoofdstedelijk gewest bij besluit bestuursorgaan” (deed in Dutch)

deed of 21-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Voor duur van bestaan, 1” (deed in Dutch)
“Algemene kosten, al dan niet bezoldigd” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 21-11-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 21-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Thursday of May at 09:00

deed of 21-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 21-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Op naam, aandelenregister” (deed in Dutch)
Other provision: “Toezicht, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Schriftelijke en elektronische algemene vergadering” (deed in Dutch)
Other provision: “Winstverdeling en interimdividenden, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Netto-actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura zelfde wijze” (deed in Dutch)
Other provision: “Alleen beslist over overdracht geheel of gedeelte aandelen, overdracht door enige aandeelhouder” (deed in Dutch)
Other provision: “Bepaalt vrij naargelang behoeften en op door hem bepaalde tijdstippen later uit te voeren stortingen op in speciën onderschreven niet geheel…” (deed in Dutch)
Other provision: “Enige aandeelhouder van rechtswege alle rechten en verplichtingen van bestuurder, geen bestuurder benoemd” (deed in Dutch)
Other provision: “Tegenstrijdig belang enige aandeelhouder-enige bestuurder, mag beslissing nemen of verrichting doen bij tegenstrijdig belang als bedoeld…” (deed in Dutch)
Other provision: “Bevoegdheden enige aandeelhouder, door hem ondertekend opgenomen in register op zetel bewaard” (deed in Dutch)
Other provision: “Keuze van woonplaats, aandeelhouders,obligatiehouders,bestuurders,commissarissen en vereffenaars met woonplaats buitenland geacht woonplaats…” (deed in Dutch)
Other provision: “Voor al hetgeen niet voorzien verwezen naar WVV, algemeen kader” (deed in Dutch)
8 more provisions in the deed, see the deed of 21-11-2023

deed of 21-11-2023