GEMSOTEC
ActiveSummary
GEMSOTEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514,378 and a net result of €153,503. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 71% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+9
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.86 in 2024; short-term debt: 22.4% and cash: 9% of total assets), and 22.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.6%
Return on assets
23.2%
Age of the figures
9 mo
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 €514,378
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
10 d late
2024
14 d early
2023
49 d early
2022
55 d early
2021
32 d late
2020
15 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 17 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#9 company by equity in Herent, Telecoms and IT sector
Equity
€514,378▲ 25.5%
2024 · €409,990
Total assets
€662,515▲ 13.1%
2024 · €585,756
Net result
€153,503▲ 64.7%
2024 · €93,194
Working capital
€217,483▲ 44.4%
2024 · €150,652
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€114,941▼ 24,575%-€139,177▼ 21.1%-€51,534▲ 63.0%€12,795€97,438▲ 662%
Net result-€24,927below the sector's middle half-€58,823below the sector's middle half▼ 136%€49,329within the sector's middle half€93,194above the sector's middle half▲ 88.9%€153,503above the sector's middle half▲ 64.7%
Equity€563,390above the sector's middle half▲ 21.4%€430,939above the sector's middle half▼ 23.5%€391,696above the sector's middle half▼ 9.1%€409,990above the sector's middle half▲ 4.7%€514,378above the sector's middle half▲ 25.5%
Total assets€725,478above the sector's middle half▲ 13.0%€586,746above the sector's middle half▼ 19.1%€575,520above the sector's middle half▼ 1.9%€585,756above the sector's middle half▲ 1.8%€662,515above the sector's middle half▲ 13.1%
Debt€162,089▼ 9.0%€155,807▼ 3.9%€183,824▲ 18.0%€175,767▼ 4.4%€148,137▼ 15.7%
Working capital€290,183above the sector's middle half▲ 42.6%€173,203above the sector's middle half▼ 40.3%€101,076within the sector's middle half▼ 41.6%€150,652above the sector's middle half▲ 49.0%€217,483above the sector's middle half▲ 44.4%
Solvency77.7%within the sector's middle half▲ 5.4pp73.4%within the sector's middle half▼ 4.2pp68.1%within the sector's middle half▼ 5.4pp70.0%within the sector's middle half▲ 1.9pp77.6%within the sector's middle half▲ 7.6pp
Current ratio2.79within the sector's middle half▲ 0.652.11within the sector's middle half▼ 0.681.55within the sector's middle half▼ 0.561.86within the sector's middle half▲ 0.312.47within the sector's middle half▲ 0.61
Return on assets (ROA)-3.4%below the sector's middle half▼ 14.9pp-10.0%below the sector's middle half▼ 6.6pp8.6%within the sector's middle half▲ 18.6pp15.9%within the sector's middle half▲ 7.3pp23.2%within the sector's middle half▲ 7.3pp
Staff (FTE)3.5▲ 12.9%4.1▲ 17.1%2.6▼ 36.6%2.6=3.3▲ 26.9%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 662% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €662,515
Fixed assets
€296,895 ▲ 14.5%
Current assets
€365,620 ▲ 12.0%
Equity and liabilities €662,515
Equity
€514,378 ▲ 25.5%
Debt
€148,137 ▼ 15.7%
Debt's share of the balance-sheet total falls from 30.0% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€283,041▲
2024 · €191,331
Cash flow
€339,106▲
2024 · €271,730
Debt to equity
0.29▼
2024 · 0.43
ROE
29.8%▲
2024 · 22.7%
Interest coverage
150.71▲
2024 · 94.08
Debt ≤ 1 year
€148,137▼
2024 · €175,767
Income taxes
-€8,639▼
2024 · -€7,531
Staff costs
€225,756▲
2024 · €153,582
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €146,253 | €201,656 | €196,979 | €153,582 | €225,756 | ▲ 47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €185,979 | €165,796 | €190,513 | €178,536 | €185,603 | ▲ 4.0% |
| Other operating charges640/8 | €348 | €348 | €434 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €217,639 | €228,623 | €336,393 | €345,301 | €509,197 | ▲ 47.5% |
| Operating profit (loss)9901 | -€114,941 | -€139,177 | -€51,534 | €12,795 | €97,438 | ▲ 662% |
| Financial income75/76B | €79,743 | €73,713 | €88,572 | €74,901 | €49,304 | ▼ 34.2% |
| Recurring financial income75 | €79,743 | €73,713 | €88,572 | €74,901 | €49,304 | ▼ 34.2% |
| Financial charges65/66B | €147 | €185 | €2,187 | €2,034 | €1,878 | ▼ 7.7% |
| Recurring financial charges65 | €147 | €185 | €2,187 | €2,034 | €1,878 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | -€35,345 | -€65,649 | €34,851 | €85,662 | €144,864 | ▲ 69.1% |
| Income taxes67/77 | -€10,418 | -€6,826 | -€14,478 | -€7,531 | -€8,639 | ▼ 14.7% |
| Profit (loss) for the period9904 | -€24,927 | -€58,823 | €49,329 | €93,194 | €153,503 | ▲ 64.7% |
| Profit (loss) for the period to be appropriated9905 | -€24,927 | -€58,823 | €49,329 | €93,194 | €153,503 | ▲ 64.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €725,478 | €586,746 | €575,520 | €585,756 | €662,515 | ▲ 13.1% |
| Fixed assets21/28 | €273,207 | €257,736 | €290,620 | €259,338 | €296,895 | ▲ 14.5% |
| Intangible fixed assets21 | €270,290 | €251,241 | €286,991 | €255,981 | €284,497 | ▲ 11.1% |
| Tangible fixed assets22/27 | €2,917 | €6,495 | €3,628 | €3,357 | €12,398 | ▲ 269% |
| Furniture and vehicles24 | €2,917 | €6,495 | €3,628 | €3,357 | €12,398 | ▲ 269% |
| Current assets29/58 | €452,271 | €329,010 | €284,900 | €326,418 | €365,620 | ▲ 12.0% |
| Amounts receivable after more than one year29 | €29,604 | €32,999 | €44,488 | €44,812 | €44,039 | ▼ 1.7% |
| Other amounts receivable291 | €29,604 | €32,999 | €44,488 | €44,812 | €44,039 | ▼ 1.7% |
| Amounts receivable within one year40/41 | €194,780 | €188,105 | €208,776 | €263,985 | €221,687 | ▼ 16.0% |
| Trade receivables40 | €66,943 | €141,838 | €197,017 | €246,134 | €212,275 | ▼ 13.8% |
| Other amounts receivable41 | €127,837 | €46,267 | €11,759 | €17,851 | €9,412 | ▼ 47.3% |
| Cash at bank and in hand54/58 | €224,832 | €100,405 | €23,040 | €10,699 | €59,836 | ▲ 459% |
| Deferred charges and accrued income490/1 | €3,055 | €7,500 | €8,595 | €6,923 | €40,058 | ▲ 479% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €725,478 | €586,746 | €575,520 | €585,756 | €662,515 | ▲ 13.1% |
| Equity10/15 | €563,390 | €430,939 | €391,696 | €409,990 | €514,378 | ▲ 25.5% |
| Contributions10/11 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Reserves13 | €1,539 | €1,539 | €1,539 | €1,539 | €1,539 | = |
| Non-distributable reserves130/1 | €1,539 | €1,539 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,539 | €1,539 | €0 | - | - | - |
| Distributable reserves133 | - | - | €1,539 | €1,539 | €1,539 | = |
| Profit (loss) carried forward14 | €197,067 | €138,244 | €187,573 | €280,767 | €434,270 | ▲ 54.7% |
| Investment grants15 | €304,784 | €231,156 | €142,583 | €67,684 | €18,570 | ▼ 72.6% |
| Amounts payable17/49 | €162,089 | €155,807 | €183,824 | €175,767 | €148,137 | ▼ 15.7% |
| Amounts payable within one year42/48 | €162,089 | €155,807 | €183,824 | €175,767 | €148,137 | ▼ 15.7% |
| Trade debts44 | €22,910 | €9,650 | €51,117 | €31,632 | €41,684 | ▲ 31.8% |
| Suppliers440/4 | €22,910 | €9,650 | €51,117 | €31,632 | €41,684 | ▲ 31.8% |
| Taxes, remuneration and social security45 | €39,023 | €55,501 | €61,862 | €68,259 | €50,896 | ▼ 25.4% |
| Taxes450/3 | €19,059 | €31,958 | €35,161 | €48,963 | €26,131 | ▼ 46.6% |
| Remuneration and social security454/9 | €19,964 | €23,543 | €26,701 | €19,296 | €24,765 | ▲ 28.3% |
| Other amounts payable47/48 | €100,155 | €90,656 | €70,845 | €75,876 | €55,557 | ▼ 26.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,927 | -€58,823 | €49,329 | €93,194 | €153,503 | ▲ 64.7% |
| + Depreciation and write-downs630 | €185,979 | €165,796 | €190,513 | €178,536 | €185,603 | ▲ 4.0% |
| Operating cash flow (approximation) | €161,052 | €106,973 | €239,842 | €271,730 | €339,106 | ▲ 24.8% |
| Investment in fixed assets (approximation) | - | -€150,325 | -€223,397 | -€147,255 | -€223,160 | ▼ 51.5% |
| Change in cash | - | -€124,427 | -€77,365 | -€12,342 | €49,137 | ▲ 498% |
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Highest result since 2018net €153,503 ▲64.7%
Operating result €97,438, net result €153,503, both a record.
31-12
Financial
Equity above €500,000Eq €514,378 ▲25.5%
3 profitable years in a row build equity to €514,378.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €49,329
Net result €49,329 after 2 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€58,823
Net result drops to -€58,823, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Equity above €500,000Eq €563,390 ▲21.4%
Equity rises from €464,002 to €563,390.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Herent · 1 establishment unit since 2017
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.
Vilvoordse baan 733020 Herent1 establishment unit
GEMSOTEC
since 20172.267.944.627
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,592 EUR awarded · 4,592 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 195 EUR | 195 EUR |
| 2024 | 1 | 1,041 EUR | 1,041 EUR |
| 2023 | 1 | 108 EUR | 108 EUR |
| 2022 | 2 | 3,248 EUR | 3,248 EUR |
Similar companies · same sector, comparable size
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GREEN RAY ENGINEERING
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TOTAL BALANCE
BE 0829.683.164
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EXSERTUS
BE 0895.229.925
Kontich · Eq €513,784
Of 30,008 companies in sector 62200 we hold annual accounts for 18,398. 11,845 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
58290Other software publishing
Contact
Website
www.gemsotec.com
E-mail
info@gemsotec.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0678664161
Also
9925:BE0678664161
Registered
28-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.