Equity
€3.6m ▲ 83.2%
Equity rose in 2025 from €1.9m to €3.6m.
GEMOCO
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €24.0m (2025)
€24.0m▲ 28.0%
lowest -€344,267 (2016)
€113,478▲ 16.2%
peak €3.6m (2025)
€3.6m▲ 83.2%
€10.4m▲ 21.5%
peak 108.8 FTE (2013)
60.2 FTE▲ 3.1%
Board10 names since 2020
7 directorsGroep Gemoco BV and 6 others
Owners
99.9%GROEP GEMOCO
Documentsfilings and deeds
26-06-202635 days before the deadline
2025financial year
Turnover from €18.7m to €24.0m2 directors appointed, 2 resignations 26-06Equity from €1.9m to €3.6mDebts from €8.6m to €10.4mInvestments €2.0mCash from €224,563 to €1.7m
Key points
from the 2025 annual accountsDebts
€10.4m 74% of the balance sheet
Financial debts 55%Suppliers 36%Taxes and wages 2%Other 8%
€4.7m of the debts are secured on the company's own assets. In 2021 that was €3.2m.
Staff
60.2 FTE from 108.8 in 2013
Between 2013 and 2025, 45% of the full-time equivalents disappeared.
Payment terms
77 days to suppliers
GEMOCO pays its suppliers 15 days earlier than in 2024. Customers pay 7 days earlier.
Filings
37 annual accounts since 1989
Two of the last ten came late. The 2020 accounts came latest: 76 days after the end of the period.
Board
5 joined
New directors. Latest change 22-12-2025 · 7 in office.
Checked score
89
Excellent
Financially stronger than 61% of medium-sized companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 209 companies (NACE 41, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.4 percentage points vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.1%▼ -0.1 percentage points vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026highest value
07-2026: 0.2%▼ -1.0 percentage point vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €3.6m (25.4% of total assets)
lowers risk
Founded in 1988
Liquidity: current ratio 1.11, cash €1.7m
Calculation
The band follows from the bankruptcy probability. 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 41, medium-sized). It does better than 50% of them on solvency, 55% on liquidity, 47% on profitability and 93% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 733 companies had the same profile as GEMOCO has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GEMOCO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 733 companies, not a prediction for GEMOCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (0.9 in 2024), below the usual 1.5. Short-term debt is 57.1% and cash 12.4% of total assets. 74.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.6m
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
42 days early
2023
61 days early
2022
24 days early
2021
39 days early
2020
76 days late
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 2 others
- GROEP GEMOCO 99.9%score 93equity €2.2m (2025) · 2025 annual accounts of GROEP GEMOCO
Recent changes
4 directors appointed, 1 resignation
Change of role: Moors Arnaud, from director to managing director · Resignation: Moors Erik · Appointments: Schreurs Kristof, Moors Erik, Synerco BV and Groep Gemoco BV · General meeting of 22-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434525059
Purpose change
“new purpose text” (deed in Dutch) · Gazette deed
2 directors appointed, 2 resignations
Change of role: Moors Erik, from director to managing director · Resignations: Moors Armaud and Groep Gemoco BV · Appointments: Moors Arnaud (managing director) and Groep Gemoco BV · General meeting of 16-04-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEMOCO Bilzen-Hoeselt | €24.0m | 2.2% | 25.4% | 60.2 |
| SNOECK GEBROEDERS Wielsbeke | €23.7m | 0.3% | 37.3% | 63.3 |
| DHULST' Lier | €29.3m | 2.8% | 21.4% | 65.9 |
| Bouwbedrijf Vandersmissen Herk-de-Stad | €31.3m | 0.0% | 16.0% | 60 |
| A.V.L.WONINGBOUW Beringen | €30.5m | 3.4% | 13.9% | 64.6 |
| BOUWONDERNEMING LAMERS Hamont-Achel | €27.7m | 4.6% | 49.6% | 48.3 |
| BMP Building Services Tessenderlo-Ham | €32.8m | 2.3% | 20.8% | 39.5 |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GEMOCO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €10m and €16m, founded between 1976 and 1992.
Official details
Source: KBO- Status
- Active since 17-06-1988Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.038.959.1033740 Bilzen-Hoeselt, since 30-06-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €14.0m▲ 32.8%
- Employeeson 31-12-2025
- 60▼ 1.6%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on GEMOCO
GEMOCO has existed since 1988. Turnover grew from €6.0m in 2006 to €24.0m in 2025 and staff from 44.9 to 60.2 full-time equivalents.
Solvency rose in 2025 from 18.4% to 25.4% because of the retained profit.
GROEP GEMOCO holds all the shares. In October 2023, the Official Gazette published the appointment of MOORS, Arnaud Dominique Valentinus as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GEMOCO
- What is the company number of GEMOCO?
- The company number of GEMOCO is 0434.525.059. The VAT number is the same number with BE in front: BE 0434.525.059.
- Where is GEMOCO based?
- The registered office is at Oude Heidestraat 81, 3740 Bilzen-Hoeselt.Company details
- What does GEMOCO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GEMOCO?
- GEMOCO is a public limited company (NV).
- When was GEMOCO founded?
- GEMOCO was founded on 17-06-1988.
- Is GEMOCO still active?
- Yes, GEMOCO is an active enterprise in the KBO register.
- How many employees does GEMOCO have?
- GEMOCO had an average of 60.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GEMOCO fall under?
- In its 2025 annual accounts, GEMOCO states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GEMOCO?
- The turnover of GEMOCO was €24.0m in financial year 2025, according to the filed annual accounts.
- Is GEMOCO profitable?
- In financial year 2025, GEMOCO made a profit of €113,478.
- Where can I find the annual accounts of GEMOCO?
- GEMOCO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEMOCO due?
- GEMOCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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