GEMONYX
ActiveSummary
GEMONYX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71.1m and a net result of €4.0m. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 60 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 720 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Large
- solvency 30% or more
- a profit under 5% of the balance sheet
- without age
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 720 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €499.6m | €1.31bn | €525.5m | €202.0m | €247.4m | ▲ 22.5% |
| Turnover70 | €499.6m | €1.31bn | €525.5m | €201.9m | €244.6m | ▲ 21.2% |
| Other operating income74 | €0 | - | - | €82,613 | €1.2m | ▲ 1,378% |
| Non-recurring operating income76A | - | - | - | - | €1.6m | - |
| Operating charges60/66A | €489.8m | €1.27bn | €520.2m | €215.8m | €240.9m | ▲ 11.6% |
| Goods for resale, raw materials and consumables60 | €484.1m | €1.26bn | €504.5m | €205.1m | €231.6m | ▲ 12.9% |
| Purchases600/8 | €522.4m | €1.40bn | €357.1m | €188.1m | €234.8m | ▲ 24.8% |
| Change in stocks: decrease (increase)609 | -€38.3m | -€140.6m | €147.4m | €17.0m | -€3.2m | ▼ 119% |
| Services and other goods61 | €5.5m | €6.7m | €14.6m | €7.6m | €8.4m | ▲ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192,624 | €240,853 | €0 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €816,409 | - |
| Other operating charges640/8 | €15,147 | €16,934 | €63,993 | €3.1m | €67,589 | ▼ 97.8% |
| Non-recurring operating charges66A | - | - | €1.0m | €0 | - | - |
| Operating profit (loss)9901 | €9.8m | €38.1m | €5.3m | -€13.8m | €6.6m | ▲ 147% |
| Financial income75/76B | €2 | €358,839 | €7.5m | €2.9m | €681,298 | ▼ 76.2% |
| Recurring financial income75 | €2 | €358,839 | €7.5m | €2.9m | €681,298 | ▼ 76.2% |
| Income from current assets751 | - | €3,611 | €1.1m | €1.6m | €652,672 | ▼ 60.0% |
| Other financial income752/9 | €2 | €355,228 | €6.4m | €1.2m | €28,626 | ▼ 97.7% |
| Financial charges65/66B | €1.6m | €6.1m | €7.1m | €23,171 | €3.3m | ▲ 14,136% |
| Recurring financial charges65 | €1.6m | €6.1m | €7.1m | €23,171 | €3.3m | ▲ 14,136% |
| Debt charges650 | €9,382 | €3.5m | €3.0m | €0 | €261,509 | - |
| Other financial charges652/9 | €1.5m | €2.5m | €4.1m | €23,171 | €3.0m | ▲ 13,007% |
| Profit (loss) for the period before taxes9903 | €8.2m | €32.4m | €5.8m | -€11.0m | €3.9m | ▲ 136% |
| Income taxes67/77 | €1.3m | €8.5m | €1.5m | €140,235 | -€9,092 | ▼ 106% |
| Taxes670/3 | €1.3m | €8.5m | €1.5m | €680,235 | €0 | ▼ 100% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €540,000 | €9,092 | ▼ 98.3% |
| Profit (loss) for the period9904 | €6.9m | €23.9m | €4.3m | -€11.1m | €4.0m | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | €6.9m | €23.9m | €4.3m | -€11.1m | €4.0m | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €292.2m | €602.6m | €196.5m | €116.4m | €81.3m | ▼ 30.2% |
| Fixed assets21/28 | €1.3m | €1.1m | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.3m | €1.1m | €0 | - | - | - |
| Plant, machinery and equipment23 | €1.1m | €1.1m | €0 | - | - | - |
| Assets under construction and advance payments27 | €197,032 | €0 | - | - | - | - |
| Current assets29/58 | €290.9m | €601.5m | €196.5m | €116.4m | €81.3m | ▼ 30.2% |
| Stocks and contracts in progress3 | €70.9m | €206.4m | €52.7m | €47.7m | €38.0m | ▼ 20.3% |
| Stocks30/36 | €70.9m | €206.4m | €52.7m | €47.7m | €38.0m | ▼ 20.3% |
| Goods purchased for resale34 | €59.6m | €200.1m | €52.7m | €35.7m | €38.0m | ▲ 6.6% |
| Advance payments36 | €11.3m | €6.2m | €0 | €12.0m | €19,350 | ▼ 99.8% |
| Amounts receivable within one year40/41 | €213.5m | €386.4m | €133.6m | €63.6m | €41.0m | ▼ 35.5% |
| Trade receivables40 | €204.9m | €373.6m | €125.5m | €50.6m | €7.3m | ▼ 85.7% |
| Other amounts receivable41 | €8.7m | €12.8m | €8.1m | €13.0m | €33.8m | ▲ 160% |
| Cash at bank and in hand54/58 | €6.5m | €8.8m | €5.0m | €3.9m | €2.0m | ▼ 47.9% |
| Deferred charges and accrued income490/1 | €0 | - | €5.3m | €1.2m | €157,419 | ▼ 86.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €292.2m | €602.6m | €196.5m | €116.4m | €81.3m | ▼ 30.2% |
| Equity10/15 | €80.0m | €103.9m | €108.2m | €97.1m | €71.1m | ▼ 26.8% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €11.4m | €11.4m | €107.2m | €96.1m | €70.1m | ▼ 27.1% |
| Non-distributable reserves130/1 | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Legal reserve130 | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Tax-exempt reserves132 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Distributable reserves133 | €6.2m | €6.2m | €102.1m | €90.9m | €64.9m | ▼ 28.6% |
| Profit (loss) carried forward14 | €67.7m | €91.6m | €0 | - | - | - |
| Amounts payable17/49 | €212.1m | €498.7m | €88.3m | €19.3m | €10.2m | ▼ 47.1% |
| Amounts payable within one year42/48 | €212.1m | €498.6m | €85.3m | €19.0m | €10.2m | ▼ 46.1% |
| Trade debts44 | €24.6m | €301.2m | €27.7m | €17.4m | €8.2m | ▼ 53.2% |
| Suppliers440/4 | €24.6m | €301.2m | €27.7m | €17.4m | €8.2m | ▼ 53.2% |
| Taxes, remuneration and social security45 | €1.3m | €8.0m | €12.5m | €1.5m | €2.1m | ▲ 33.8% |
| Taxes450/3 | €1.3m | €8.0m | €12.5m | €1.5m | €2.1m | ▲ 33.8% |
| Other amounts payable47/48 | €186.2m | €189.3m | €45.0m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €166,720 | €3.0m | €329,901 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6.9m | €23.9m | €4.3m | -€11.1m | €4.0m | ▲ 136% |
| + Depreciation and write-downs630 | €192,624 | €240,853 | €0 | - | - | - |
| Operating cash flow (approximation) | €7.1m | €24.1m | €4.3m | -€11.1m | €4.0m | ▲ 136% |
| Investment in fixed assets (approximation) | - | -€72,248 | €1.1m | - | - | - |
| Change in cash | - | €2.3m | -€3.8m | -€1.0m | -€1.9m | ▼ 83.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813D0439/00P009 | Brussels | 5,799 m² | 1 · 2,489 m² | 64.0 m · 19 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 ownerChain of control
- Onyx Strategic Investment Management II BVNL
- GEMONYX
Highest known parent: Onyx Strategic Investment Management II BV (Netherlands). The sources do not say who stands above it.
Owners 1
- Onyx Strategic Investment Management II BVNLparentSourceown accounts 2025100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of GEMONYX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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