GEMME
ActiveThe computed 12-month bankruptcy probability of GEMME is 3.0% (moderate). The 2025 annual accounts show negative equity (€-5k) and a net result of €-20k. Equity is shrinking by ~65.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 18281 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-60
Solvency23▼-8
Growth22▼-17
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.68 in 2024; short-term debt: 53.7% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.1%
Return on assets
-8.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-12-2025, 47 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 · 4 filingsDeviation from the deadline
2025
47 d late
2024
2 d early
2023
on the day
2022
16 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€105k▼ 13.8%
2024 · €122k
2022: €149k
2023: €153k
2024: €122k
2022 → 2025
EBIT margin
-14.0%▼ 24.6pp
2024 · 10.6%
2022: -5.7%
2023: -3.9%
2024: 10.6%
2022 → 2025
Net result
€-20k
2024 · €6k
2022: €-14k
2023: €-12k
2024: €6k
2022 → 2025
Working capital
€-37k▲ 26.6%
2024 · €-50k
2022: €-23k
2023: €-25k
2024: €-50k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€149k-€153k▲ 2.7%€122k▼ 20.4%€105k▼ 13.8%
Equity€21k-€9k▼ 58.2%€15k▲ 71.4%€-5k
Operating result€-8k-€-6k▲ 30.1%€13k€-15k
Net result€-14k-€-12k▲ 10.0%€6k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€151k▼ 7.2%
Current assets
€96k▼ 11.7%
Key figures and ratios
EBITDA
€-2k▼
2024 · €26k
Cash flow
€-8k▼
2024 · €20k
Solvency
-2.1%▼
2024 · 5.6%
Current ratio
0.72▲
2024 · 0.68
Quick ratio
0.10▼
2024 · 0.10
Debt / equity
-48.37▼
2024 · 16.93
ROA
-8.3%▼
2024 · 2.3%
Interest coverage
-0.34▼
2024 · 4.00
Debt
€253k▼
2024 · €258k
Debt ≤ 1 year
€133k▼
2024 · €159k
Debt > 1 year
€119k▲
2024 · €97k
Staff costs
€27k▲
2024 · €22k
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€273k€248k▼
Formation expenses20€2k€816▼
Fixed assets21/28€162k€151k▼
Tangible fixed assets22/27€162k€150k▼
Plant, machinery and equipment23€158k€147k▼
Furniture and vehicles24€2k€775▼
Assets under construction and advance payments27€3k€3k=
Financial fixed assets28€255€255=
Current assets29/58€109k€96k▼
Stocks and contracts in progress3€93k€84k▼
Stocks30/36€93k€84k▼
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€7k€5k▼
Cash at bank and in hand54/58€1k€1k▼
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€273k€248k▼
Equity10/15€15k€-5k▼
Contributions10/11€35k€35k=
Profit (loss) carried forward14€-20k€-40k▼
Amounts payable17/49€258k€253k▼
Amounts payable after more than one year17€97k€119k▲
Financial debts170/4€97k€119k▲
Amounts payable within one year42/48€159k€133k▼
Current portion of amounts payable after more than one year42€18k€18k▲
Financial debts43€25k€23k▼
Credit institutions430/8€25k€23k▼
Trade debts44€86k€69k▼
Suppliers440/4€86k€69k▼
Taxes, remuneration and social security45€29k€14k▼
Taxes450/3€22k€9k▼
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€2k€8k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Turnover70€122k€105k▼
Non-recurring operating income76A€19k-
Goods, raw materials, services and sundry goods60/61€88k€71k▼
Remuneration, social security and pensions62€22k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€944€7k▲
Gross operating margin9900€52k€34k▼
Operating profit (loss)9901€13k€-15k▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€6k€-20k▼
Profit (loss) for the period9904€6k€-20k▼
Profit (loss) for the period to be appropriated9905€6k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-40k▼
Profit (loss) brought forward from the previous period14P€-26k€-20k▲
The notes to these accounts (7 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
31-03
Financial
Weakest financial yearnet €-20k ▼422%
Net result drops to €-20k, the lowest in the series.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Chimay · 1 establishment unit since 2021
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.
Rue au Filet(CH) 9/16460 ChimayGround area
87 m²
Building footprint
49 m²
Volume, LiDAR
586 m³
Parcel 56016C0803/00A000, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Gemme Bijouterie
since 20212.313.657.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56016C0803/00A000indicative | Wallonia | 87 m² | 1 · 49 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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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TETRO TREASURE
BE 0729.625.783
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Zahed Jewellery
BE 1009.783.361
Antwerpen · Eq €15k
Of 2,017 companies in sector 47770 we hold annual accounts for 898. 432 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2021
Fiscal year end31-03
Activities, NACEBEL
47770Retail sale of watches and jewellery
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:olipestiaux@gmail.com
Phone:+32474744338
E-mail:srlgemme@gmail.com