GEMPEC (0550.748.281): financials and annual accounts

Annual accounts 2025

micro format, filed on 26-06-2026, 35 days before the deadline

€91,652

▼ 12.5%

-€20,317

▼ €41,157

-

-0.7%

▼ 15.2 percentage points

0.99

▼ 0.18

Money flows

no detail for 2025

Balance sheet

balance sheet total €95,895 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-0.7%

Higher than 20% of 13,805 companies in 2025.

0.99

Higher than 28% of 13,186 companies in 2025.

-21.4%

Higher than 10% of 13,365 companies in 2025.

GEMPEC Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Staff

€35,726

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 13 people joined and 13 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
`20/58`	95,895	136,833	144,718	120,069	151,043	225,974	207,748	187,545	204,999	174,870	125,577	52,451
`21/28`	-	-	329	976	979	171	171	171	171	556	942	171
`22/27`	-	-	329	976	808	-	-	-	-	385	771	-
`24`	-	-	329	976	808	-	-	-	-	385	771	-
`28`	-	-	-	-	171	171	171	171	171	171	171	171
`29/58`	95,895	136,833	144,390	119,093	150,064	225,803	207,577	187,374	204,828	174,314	124,635	52,280
`3`	38,938	35,127	44,209	30,832	31,900	32,234	31,479	37,906	33,962	21,824	22,115	29,683
`30/36`	38,938	35,127	44,209	30,832	31,900	32,234	31,479	37,906	33,962	21,824	22,115	29,683
`40/41`	19,137	11,904	8,435	25,127	17,242	18,802	25,867	30,075	46,993	13,760	16,378	10,012
`40`	5,337	6,874	6,541	7,152	6,258	5,644	5,769	5,553	5,218	-	-	-
`41`	13,799	5,030	1,894	17,974	10,985	13,158	20,097	24,522	41,774	13,760	16,378	10,012
`54/58`	37,820	89,403	91,746	61,923	100,812	174,658	150,035	119,393	123,873	138,729	86,095	11,756
`490/1`	-	400	-	1,211	110	109	196	-	-	-	47	829
Balance sheet: equity and liabilities
`10/49`	95,895	136,833	144,718	120,069	151,043	225,974	207,748	187,545	204,999	174,870	125,577	52,451
`10/15`	-661	19,900	75,293	76,514	70,980	77,453	175,131	161,584	159,840	132,867	80,496	36,914
`10/11`	18,600	18,600	18,600	20,460	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600
`13`	1,300	1,300	56,693	56,054	52,380	58,853	156,531	142,984	141,240	1,860	-	-
`130/1`	-	-	-	-	1,860	1,860	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	-	-
`1311`	-	-	-	-	1,860	1,860	-	-	-	-	-	-
`133`	1,300	1,300	56,693	56,054	50,520	56,993	154,671	141,124	139,380	-	-	-
`14`	-20,561	-	-	-	-	-	-	-	-	112,407	61,896	18,314
`17/49`	96,556	116,933	69,425	43,555	80,064	148,521	32,617	25,961	45,159	42,004	45,080	15,537
`42/48`	96,556	116,933	69,425	43,555	80,064	148,521	32,617	25,961	45,159	40,566	45,074	15,537
`44`	45,146	28,043	38,830	10,495	44,445	20,236	22,375	13,177	16,119	14,738	22,485	13,057
`440/4`	45,146	28,043	38,830	10,495	44,445	20,236	22,375	13,177	16,119	14,738	22,485	13,057
`46`	-	-	-	-	-	-	-	-	-	500	500	500
`45`	13,206	15,689	16,802	33,060	15,564	10,637	9,742	12,284	28,539	20,390	16,152	-
`450/3`	4,500	3,450	3,450	20,838	3,056	2,269	850	-	18,915	20,390	14,881	-
`454/9`	8,706	12,239	13,352	12,222	12,508	8,368	8,892	12,284	9,625	-	1,271	-
`47/48`	38,204	73,202	13,792	-	20,055	117,647	500	500	500	4,938	5,937	1,981
`492/3`	-	-	-	-	-	-	-	-	-	1,438	7	-
Income statement
`70`	-	-	-	-	-	-	1.3m	1.2m	1.2m	1.1m	995,556	612,027
`76A`	-	-	-	8,221	-	-	-	-	-	-	-	-
`9900`	91,652	104,740	135,485	122,941	86,738	101,524	78,568	71,646	92,891	107,625	67,467	35,466
`60/61`	-	-	-	-	-	-	1.2m	1.1m	1.1m	979,185	929,123	577,854
`62`	110,749	82,265	97,297	108,666	89,888	73,365	56,355	58,824	49,405	30,069	878	-
`630`	-	329	647	928	609	-	-	-	385	385	385	-
`635/8`	-	-	-	-	-	-	-	-	-	-	1,957	-
`640/8`	1,219	1,307	2,572	2,830	1,131	1,381	1,034	3,283	1,058	1,813	-	4,059
`66A`	-	-	-	-	-	-	-	437	819	-	20	50
`9901`	-20,317	20,840	34,970	10,516	-4,889	26,777	21,179	9,102	41,223	75,358	64,247	31,406
`75/76B`	1,090	1,324	-	934	69	131	0	-	0	10	186	1
`75`	1,090	1,324	-	934	69	131	0	-	0	10	186	1
`65/66B`	893	1,139	1,836	703	941	676	699	1,969	2,266	2,795	2,148	1,217
`65`	893	1,139	1,836	703	941	676	699	1,969	2,266	1,999	2,148	1,217
`66B`	-	-	-	-	-	-	-	-	-	796	-	-
`9903`	-20,119	21,025	33,134	10,747	-5,761	26,232	20,480	7,133	38,957	72,572	62,265	30,141
`67/77`	441	6,419	9,354	5,213	712	6,263	6,934	5,389	11,983	20,202	18,683	11,826
`9904`	-20,561	14,606	23,780	5,534	-6,474	19,970	13,546	1,744	26,974	52,371	43,582	18,314
`9905`	-20,561	14,606	23,780	5,534	-6,474	19,970	13,546	1,744	26,974	52,371	43,582	18,314
Appropriation of the result
`9906`	-20,561	14,606	23,780	5,534	-6,474	19,970	13,546	1,744	139,380	114,267	61,896	18,314
`791/2`	-	70,000	25,000	-	6,474	117,647	-	-	-	-	-	-
`691/2`	-	14,606	23,780	5,534	-	19,970	13,546	1,744	139,380	1,860	-	-
`6920`	-	-	-	-	-	-	13,546	-	-	1,860	-	-
`6921`	-	14,606	23,780	5,534	-	19,970	-	1,744	139,380	-	-	-
`694/7`	-	70,000	25,000	-	-	117,647	-	-	-	-	-	-
`694`	-	70,000	25,000	-	-	117,647	-	-	-	-	-	-
Social balance sheet
`9087`	3.1	2.2	2.7	3.1	3.2	2.5	2.1	2.2	2.4	1.3	0.5	-
Hours worked`1013`	4,562	4,042	4,760	5,171	5,204	4,610	3,852	3,774	3,648	2,423	10	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	26-06-2026	2026-00202792	PDF
31-12-2024	micro format	23-06-2025	2025-00172445	PDF
31-12-2023	micro format	27-06-2024	2024-00177841	PDF
31-12-2022	micro format	29-06-2023	2023-00171334	PDF
31-12-2021	micro format	24-06-2022	2022-20095586	PDF
31-12-2020	micro format	29-07-2021	2021-42200601	PDF
31-12-2019	micro format	21-08-2020	2020-43200033	PDF
31-12-2018	micro format	09-08-2019	2019-45000161	PDF
31-12-2017	micro format	09-08-2018	2018-44400515	PDF
31-12-2016	micro format	31-08-2017	2017-52900237	PDF
31-12-2015	full format	31-08-2016	2016-51800090	PDF
31-12-2014	full format	31-08-2015	2015-52800547	PDF

Subsidies and aid

Flemish government 2022, 1 entry, €2,000 awarded, €2,000 paid

Hinderpremie bij openbare werken

€2,000

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
-	21,168	35,617	11,444	-4,280	-	-	-	41,608	75,744	64,633	-
-	14,935	24,427	6,462	-5,865	-	-	-	27,359	52,756	43,967	-
-	0	0	1,095	1,417	-	-	-	0	0	1,156	171
-51,582	-2,344	29,823	-38,888	-73,846	24,623	30,642	-4,480	-14,856	52,634	74,339	-
-661	19,900	74,965	75,538	70,000	77,282	174,960	161,413	159,669	133,748	79,561	36,743
-	-	-	-	-	-	1.7%	0.8%	3.5%	6.9%	6.5%	5.1%
-0.7%	14.5%	52.0%	63.7%	47.0%	34.3%	84.3%	86.2%	78.0%	76.0%	64.1%	70.4%
0.99	1.17	2.08	2.73	1.87	1.52	6.36	7.22	4.54	4.30	2.77	3.36
0.59	0.87	1.44	2.03	1.48	1.30	5.40	5.76	3.78	3.76	2.27	1.45
-	5.88	0.92	0.57	1.13	1.92	0.19	0.16	0.28	0.32	0.56	0.42
-	73.4%	31.6%	7.2%	-9.1%	25.8%	7.7%	1.1%	16.9%	39.4%	54.1%	49.6%
-21.4%	10.7%	16.4%	4.6%	-4.3%	8.8%	6.5%	0.9%	13.2%	29.9%	34.7%	34.9%
-	18.59	19.40	16.28	-4.55	-	-	-	-	-	-	-
-	-	-	-	-	-	2 days	2 days	2 days	5 days	6 days	6 days
-	-	-	-	-	-	7 days	4 days	5 days	5 days	9 days	8 days

The equity ratios are withheld because equity of -€661 is too small for a meaningful ratio.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	3	3	3	3
full-time	2	1	2	2	3
part-time	1	2	1	1	-
in full-time equivalents	2.2	2.6	2.2	2.8	3
	2.8	2.2	2.7	3.1	3.2
On a permanent contract	2	1	1	2	2
Joined	13	8	3	5	4
Left	13	8	3	5	4

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€1,095	€1,417
	-	€329	€647	€928	€609

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GEMPEC

The operating result for 2025 is a loss of €20,317, after a profit of €20,840 in 2024. It is the lowest result since 2014.

Equity is negative. Debt (€96,556) exceeds the balance-sheet total (€95,895).

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-0.7%

Current ratio0.99

Return on assets-21.4%

Staff

Staff cost per FTE€35,726

Joined and leftlevel

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022, 1 entry, €2,000 awarded, €2,000 paid

Key figures and ratios

Social balance sheet

Investments

Insights on GEMPEC

Next steps

in euro

in euro

-0.7%

0.99

-21.4%

€35,726

level