GEMSOM
ActiveSummary
GEMSOM has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250,854 and a net result of €3,777. Equity has been growing by about 9.1% per year since 2018. Its solvency ranks better than 63% of 3,714 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-04-1991 Normal situation
- Activity
- Support activities for crop production NACE 01610and 1 other
- Establishment unit
- 2.052.629.074 5032 Gembloux, since 07-05-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Board and ownership
- Dubois HenriChair
- Jean-François GodfrindManaging director
- GOURDIN CHARLES-EDOUARDDirector · since 17-02-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €79,102
- ▼ 13.7%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €3,777
- ▼ 80.7%
- Equity
- €250,854
- ▼ 4.4%
- Total assets
- €527,112
- ▼ 10.9%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.20Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1991Size: total assets €527,112Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 01, micro). It does better than 61% of them on solvency, 92% on liquidity, 44% on profitability and 28% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00489351.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 35 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,114, after a profit of €7,823 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Carrying value of the other pledged assets | €419,018 | €460,940 | €402,471 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,872 | €138,521 | €166,500 | €10,360 | - |
| Depreciation and write-downs of the year | €68,272 | €72,560 | €69,681 | €83,416 | €79,816 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €36,943 | €10,735 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,940 | €52,440 | €33,568 | €68,272 | €72,560 | €69,681 | €83,416 | €79,816 | ▼ 4.3% |
| Other operating charges640/8 | - | - | - | €605 | €7,407 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €21,019 | €51,072 | €158,537 | €33,491 | €28,389 | €86,384 | €91,627 | €79,102 | ▼ 13.7% |
| Operating profit (loss)9901 | -€32,268 | -€1,716 | €124,600 | -€35,386 | -€51,578 | €16,318 | €7,823 | -€1,114 | - |
| Financial income75/76B | - | - | - | €18,547 | €12,874 | €12,250 | €15,491 | €15,298 | ▼ 1.2% |
| Recurring financial income75 | €11,438 | €11,438 | €33,086 | €18,547 | €12,874 | €12,250 | €15,491 | €15,298 | ▼ 1.2% |
| Financial charges65/66B | - | - | - | €4,669 | €4,627 | €4,699 | €3,964 | €10,566 | ▲ 167% |
| Recurring financial charges65 | €3,042 | €2,393 | €4,947 | €4,669 | €4,627 | €4,699 | €3,964 | €10,566 | ▲ 167% |
| Profit (loss) for the period before taxes9903 | -€23,873 | €7,329 | €152,739 | -€21,508 | -€43,331 | €23,869 | €19,350 | €3,618 | ▼ 81.3% |
| Transfer from deferred taxes780 | - | - | - | - | - | €58 | €924 | €924 | = |
| Transfer to deferred taxes680 | - | - | - | - | - | €9,236 | - | - | - |
| Income taxes67/77 | €572 | €572 | €1,653 | €927 | €644 | €654 | €733 | €765 | ▲ 4.3% |
| Profit (loss) for the period9904 | -€24,445 | €6,758 | €151,086 | -€22,435 | -€43,975 | €14,038 | €19,541 | €3,777 | ▼ 80.7% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €175 | €2,771 | €2,771 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €27,707 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€24,445 | €6,758 | €151,086 | -€22,435 | -€43,975 | -€13,494 | €22,311 | €6,548 | ▼ 70.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €243,383 | €178,848 | €562,582 | €535,903 | €557,157 | €667,427 | €591,323 | €527,112 | ▼ 10.9% |
| Fixed assets21/28 | €205,297 | €152,857 | €500,323 | €449,924 | €482,326 | €578,087 | €503,466 | €423,650 | ▼ 15.9% |
| Tangible fixed assets22/27 | €205,297 | €152,857 | €500,323 | €449,924 | €482,326 | €578,087 | €503,466 | €423,650 | ▼ 15.9% |
| Plant, machinery and equipment23 | - | - | - | €449,924 | €482,326 | €578,087 | €503,466 | €423,650 | ▼ 15.9% |
| Current assets29/58 | €38,086 | €25,991 | €62,259 | €85,979 | €74,831 | €89,339 | €87,857 | €103,461 | ▲ 17.8% |
| Stocks and contracts in progress3 | - | €2,000 | €2,000 | €2,000 | €4,965 | €7,516 | €6,870 | €5,140 | ▼ 25.2% |
| Stocks30/36 | - | - | - | €2,000 | €4,965 | €7,516 | €6,870 | €5,140 | ▼ 25.2% |
| Amounts receivable within one year40/41 | €38,042 | €18,581 | €55,630 | €27,729 | €28,096 | €72,673 | €43,373 | €98,116 | ▲ 126% |
| Trade receivables40 | - | - | - | €27,614 | €27,240 | €71,816 | €34,255 | €98,116 | ▲ 186% |
| Other amounts receivable41 | - | - | - | €115 | €856 | €856 | €9,118 | - | - |
| Cash at bank and in hand54/58 | €43 | €5,410 | €4,629 | €51,194 | €36,466 | €7,451 | €37,614 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €5,056 | €5,304 | €1,700 | - | €206 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €243,383 | €178,848 | €562,582 | €535,903 | €557,157 | €667,427 | €591,323 | €527,112 | ▼ 10.9% |
| Equity10/15 | €88,045 | €83,365 | €201,387 | €282,906 | €226,056 | €227,845 | €262,374 | €250,854 | ▼ 4.4% |
| Contributions10/11 | €8,676 | €8,676 | - | €8,676 | €8,676 | €8,676 | €8,676 | €8,676 | = |
| Reserves13 | €2,603 | €2,603 | €2,603 | €2,603 | €2,603 | €30,135 | €27,364 | €24,593 | ▼ 10.1% |
| Non-distributable reserves130/1 | - | - | - | €2,603 | €2,603 | €2,603 | €2,603 | €2,603 | = |
| Reserves not available under the articles1311 | - | - | - | €2,603 | €2,603 | €2,603 | €2,603 | €2,603 | = |
| Tax-exempt reserves132 | - | - | - | - | - | €27,532 | €24,761 | €21,991 | ▼ 11.2% |
| Profit (loss) carried forward14 | €31,016 | €37,774 | €188,859 | €166,424 | €122,449 | €108,955 | €131,267 | €137,815 | ▲ 5.0% |
| Investment grants15 | - | - | - | €105,203 | €92,328 | €80,078 | €95,067 | €79,769 | ▼ 16.1% |
| Provisions and deferred taxes16 | - | - | - | - | - | €9,177 | €8,254 | €7,330 | ▼ 11.2% |
| Deferred taxes168 | - | - | - | - | - | €9,177 | €8,254 | €7,330 | ▼ 11.2% |
| Amounts payable17/49 | €155,338 | €95,483 | €361,195 | €252,997 | €331,100 | €430,405 | €320,695 | €268,928 | ▼ 16.1% |
| Amounts payable after more than one year17 | €41,088 | €2,669 | €238,430 | €196,145 | €254,171 | €199,157 | €236,300 | €179,125 | ▼ 24.2% |
| Financial debts170/4 | - | - | - | €196,145 | €254,171 | €199,157 | €236,300 | €179,125 | ▼ 24.2% |
| Amounts payable within one year42/48 | €78,500 | €57,064 | €122,765 | €56,464 | €76,581 | €231,241 | €84,325 | €86,523 | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €42,284 | €54,924 | €55,015 | €65,357 | €57,175 | ▼ 12.5% |
| Financial debts43 | - | - | - | - | - | - | - | €22,493 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €22,493 | - |
| Trade debts44 | €35,788 | €18,029 | €48 | €12,531 | €18,412 | €168,695 | €18,120 | €723 | ▼ 96.0% |
| Suppliers440/4 | - | - | - | €12,531 | €18,412 | €168,695 | €18,120 | €723 | ▼ 96.0% |
| Taxes, remuneration and social security45 | - | - | - | €1,576 | €783 | €7,458 | €775 | €6,058 | ▲ 682% |
| Taxes450/3 | - | - | - | €1,576 | €783 | €7,458 | €775 | €6,058 | ▲ 682% |
| Other amounts payable47/48 | - | - | - | €74 | €2,462 | €74 | €74 | €74 | = |
| Accrued charges and deferred income492/3 | - | - | - | €388 | €348 | €7 | €70 | €3,280 | ▲ 47× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,445 | €6,758 | €151,086 | -€22,435 | -€43,975 | €14,038 | €19,541 | €3,777 | ▼ 80.7% |
| + Depreciation and write-downs630 | €52,940 | €52,440 | €33,568 | €68,272 | €72,560 | €69,681 | €83,416 | €79,816 | ▼ 4.3% |
| Operating cash flow (approximation) | €28,495 | €59,198 | €184,654 | €45,836 | €28,585 | €83,719 | €102,957 | €83,593 | ▼ 18.8% |
| Investment in fixed assets (approximation) | - | €0 | -€381,034 | -€17,872 | -€104,962 | -€165,443 | -€8,795 | €0 | - |
| Change in cash | - | €5,367 | -€781 | €46,565 | -€14,728 | -€29,016 | €30,164 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as GEMSOM has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GEMSOM itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 14,766 companies, not a prediction for GEMSOM. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00489351 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00224118 | |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00399028 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00409071 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20211120 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44800039 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42800042 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57700174 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-52800437 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-48800326 |
Board & ownership
Directors
Board 5
Day-to-day management 1
Owners and capital
Capital transactions
- 08-04-2024 Converted to unavailable equity · €11,279.16
Mandate history
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| GOURDIN CHARLES-EDOUARD |
|
| Dubois Henri |
|
| BOMMERS WILHEM |
|
| VAN EYCK PHILIPPE |
|
| VON WULLERSTORFF BERNARD |
|
| Jean-François Godfrind |
|
| Ritter von Wüllerstorff und Urbair Bernhard |
|
| Bommers Maximilian |
|
| Bommers Wilhelm |
|
Network & group
GEMSOM shares no director with another company.
Connections & network
5 current directorsThe network starts from the directors of GEMSOM. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
07-08
Gazette deed
Resignation: Ritter von Wüllerstorff und Urbair Bernhard (managing director)Appointment: Jean-François Godfrind (managing director)3 points ▸
- General meeting, 22-12-2025
- Director resignation, Ritter von Wüllerstorff und Urbair Bernhard (managing director)
- Director appointment, Jean-François Godfrind (managing director)
08-04
Gazette deed
3 directors appointed, 1 director resigningResignation: Bommers Wilhelm (director) · Appointments: Bommers Maximilian, Dubois Henri and Ritter von Wüllerstorff und Urbair Bernhard · Director discharge12 points ▸
- Director resignation, Bommers Wilhelm (director)
- Director discharge, Bommers Wilhelm
- Director appointment, Bommers Maximilian (director)
- Other provision, “absence d'interdiction, ne pas faire l'objet d'une interdiction de participer à l'administration ou à la surveillance d'une société” (deed in French)
- Board meeting, “se réunir en vue de confirmer pour autant que besoin, conseil d'administration étant constitué” (deed in French)
- Director appointment, Dubois Henri (chair)
- Director appointment, Ritter von Wüllerstorff und Urbair Bernhard (managing director)
- Registered office clause, “5030 Gembloux,Grand-Chemin-de-Wavre 4, Sixième résolution déclare adresse du siège” (deed in French)
- General meeting, “unanimité des voix, assemblée générale extraordinaire” (deed in French)
- Other provision, “adaptation statuts et maintien forme coopérative, adapter statuts au Code des sociétés et des associations” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
3 activities
- L’achat, la vente et l’utilisation en commun de tous matériels et machines agricoles et horticoles et de tous procédés corporels ou incorporels à usages agricoles et horticoles.
- Elle peut exercer toute activité susceptible de favoriser la réalisation de son objet, et participer à une telle activité, de quelque façon que ce soit.
- Elle peut participer dans ou se fusionner avec d’autres sociétés ou entreprises qui peuvent contribuer à son développement ou le favoriser.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteLicences in the Official Gazette
1 publicationSites & property
This address was not found in the Belgian address register (BOSA BEST).
Grand-Chemin-de-Wavre 45030 GemblouxBuildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92019C0244/00G004 | Wallonia | 2,095 m² | 1 · 122 m² | 8.1 m · 2 |