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Gemex

Active
Private limited companyfounded 199827 years activeKaarbaan 3, 3600 Genk, BelgiumKBO/BCE: BE 0464.823.406
Summary

Gemex has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.4m and a net result of €233,698. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 2,281 sector peers (NACE 49, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Freight transport by road
NACE 49410Wholesale of fruit and vegetables, excluding potatoes NACE 46319
1 site
Size
€5.6mtotal assets 2025
Staff
8.7 FTE
Equity
€3.4m
Profit
€233,698
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts filed 1 day late0 of 6 deeds read
Why 88- Sector Land transport and transport via pipelines (NACE 49)+ Founded in 1998+ Equity €3.4m (60.4% of total assets)+ Size: 8.7 FTE, total assets €5.6mShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Strong
Solvency 85=
equity 60.4% of total assets
Liquidity 43-5
short-term debt 38.6% · cash 8.5%
Profitability 74+1
return on assets 4.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,060 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 0.2%▼ -0.2 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €290,000 at 30 days acceptable
Liquidity ample (current ratio 2.57 against 2.5 in 2024; short-term debt: 38.6% and cash: 8.5% of total assets), and 39.6% of the assets are financed with debt.
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 49, micro): better than 72% on solvency, 41% on liquidity, 52% on profitability and 51% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1998
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Equity €3.4m (60.4% of total assets)
NBB · annual accounts
lowers risk · Size: 8.7 FTE, total assets €5.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 01-12-2025, 1 day 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 filings
Deviation from the deadline
2025
1 day late
2024
4 days late
2023
on the day
2022
6 days early
2021
on the day
2020
5 days early
2019
1 day early
← 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 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 30 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-04-2026 close07-10-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet €186,431 ▼67.6%

Key points

  • Positive: Among the best 5% on equitysector median €258,921 · 2,282 companies €3.4m View
  • Positive: 7 profitable years in a rowprofit 2025: €233,698 7 years View
  • Active since 1998founded 11-12-1998 27 years View

By topic

Financials

Fiscal year
2025
Total assets
€5.6m
Profit
€233,698
Solvency
60.4%
Total assets▲ 6.0%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 30-11-2026
  1. 30-11-2023Annual accounts filed
  2. 30-04-2023Highest result since 2019
  3. 24-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
11-12-1998
Year ends
30-04
Peppol
Reachable for e-invoices
Go to Company details

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