GEMO EDITIONS
ActiveGEMO EDITIONS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €-3k. Equity is shrinking by ~51.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 678 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.68 in 2024; short-term debt: 211.6% and cash: 71.5% 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.
−lowers risk+raises risk○neutral
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
-111.6%
Return on assets
-44.5%
Age of the figures
9 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
2 d early
2023
16 d late
2022
on the day
2021
4 d late
2020
9 d early
2019
on the day
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-8k▼ 66.4%
2024 · €-5k
2018: €17k
2019: €12k
2020: €9k
2021: €5k
2022: €839
2023: €-4k
2024: €-5k
2018 → 2025
Total assets
€7k▼ 30.5%
2024 · €11k
2018: €33k
2019: €32k
2020: €32k
2021: €42k
2022: €33k
2023: €30k
2024: €11k
2018 → 2025
Net result
€-3k▼ 134%
2024 · €-1k
2018: €-122
2019: €-3k
2020: €-357
2021: €-3k
2022: €-5k
2023: €-4k
2024: €-1k
2018 → 2025
Working capital
€-9k▼ 89.0%
2024 · €-5k
2018: €17k
2019: €12k
2020: €7k
2021: €-3k
2022: €-2k
2023: €-4k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€839▼ 84.7%€-4k€-5k▼ 39.6%€-8k▼ 66.4%
Operating result€-3k-€-4k▼ 56.2%€-4k▼ 2.1%€-735▲ 81.8%€-3k▼ 339%
Net result€-3k-€-5k▼ 49.1%€-4k▲ 6.1%€-1k▲ 68.0%€-3k▼ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €735 in 2024; the loss grows.
Balance-sheet composition
Assets €7k
Fixed assets
€1k
Current assets
€6k
Key figures and ratios
EBITDA
€-3k▼
2024 · €-677
Cash flow
€-3k▼
2024 · €-1k
Solvency
-111.6%▼
2024 · -46.6%
Current ratio
0.40▼
2024 · 0.68
Quick ratio
0.40▼
2024 · 0.68
Debt / equity
-1.90▲
2024 · -3.15
ROA
-44.5%▼
2024 · -13.2%
Interest coverage
-6.29▼
2024 · -1.35
Debt
€16k▲
2024 · €15k
Debt ≤ 1 year
€16k▲
2024 · €15k
Income taxes
€155▼
2024 · €158
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€11k€7k▼
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Current assets29/58€11k€6k▼
Amounts receivable within one year40/41€9k€300▼
Trade receivables40€6k€300▼
Other amounts receivable41€2k-
Cash at bank and in hand54/58€672€5k▲
Deferred charges and accrued income490/1€1k€679▼
Equity and liabilities
Total equity and liabilities10/49€11k€7k▼
Equity10/15€-5k€-8k▼
Contributions10/11€10k€10k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-17k€-20k▼
Amounts payable17/49€15k€16k▲
Amounts payable within one year42/48€15k€16k▲
Trade debts44€380€734▲
Suppliers440/4€380€734▲
Taxes, remuneration and social security45€536€404▼
Taxes450/3€536€404▼
Other amounts payable47/48€15k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€43-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58€107▲
Other operating charges640/8€285€295▲
Gross operating margin9900€-349€-3k▼
Operating profit (loss)9901€-735€-3k▼
Financial income75/76B€0€609▲
Recurring financial income75€0€609▲
Financial charges65/66B€502€495▼
Recurring financial charges65€502€495▼
Profit (loss) for the period before taxes9903€-1k€-3k▼
Income taxes67/77€158€155▼
Profit (loss) for the period9904€-1k€-3k▼
Profit (loss) for the period to be appropriated9905€-1k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-20k▼
Profit (loss) brought forward from the previous period14P€-15k€-17k▼
The notes to these accounts (6 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
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
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, Waterloo · 1 establishment unit since 1998
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.
Avenue Blücher 81410 WaterlooGround area
111 m²
Building footprint
144 m²
Volume, LiDAR
1,002 m³
Parcel 25763L0100/00_000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Blücher 8, 1410 Waterloo
since 19982.080.956.242
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0100/00_000 | Wallonia | 111 m² | 1 · 144 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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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Of 718 companies in sector 58190 we hold annual accounts for 214. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-1997
Fiscal year end31-12
Activities, NACEBEL
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.