GEMSTONE CAPITAL
ActiveGEMSTONE CAPITAL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285k and a net result of €145k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency76▼-24
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 5.49 in 2023; short-term debt: 48.6% and cash: 69.1% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
51.4%
Return on assets
26.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2023
2 d early
2022
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€285k▲ 16.1%
2023 · €246k
2022: €140k
2023: €246k
2022 → 2025
Total assets
€554k▲ 85.0%
2023 · €300k
2022: €199k
2023: €300k
2022 → 2025
Net result
€145k▲ 37.2%
2023 · €106k
2022: €135k
2023: €106k
2022 → 2025
Working capital
€233k▼ 4.1%
2023 · €243k
2022: €138k
2023: €243k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232025Trend
Equity€140k-€246k▲ 75.0%€285k▲ 16.1%
Operating result€174k-€149k▼ 14.4%€202k▲ 35.7%
Net result€135k-€106k▼ 21.7%€145k▲ 37.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €202k in 2025, compared with €149k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €554k
Fixed assets
€52k▲ 1,748%
Current assets
€502k▲ 69.2%
Equity and liabilities €554k
Equity
€285k▲ 16.1%
Debt
€269k▲ 398%
The debt ratio rises from 18.0% to 48.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€204k▲
2023 · €150k
Cash flow
€147k▲
2023 · €107k
Solvency
51.4%▼
2023 · 82.0%
Current ratio
1.86▼
2023 · 5.49
Quick ratio
1.86▼
2023 · 5.49
Debt / equity
0.94▲
2023 · 0.22
ROE
51.0%▲
2023 · 43.2%
ROA
26.2%▼
2023 · 35.4%
Interest coverage
254.96▲
2023 · 213.47
Debt
€269k▲
2023 · €54k
Debt ≤ 1 year
€269k▲
2023 · €54k
Income taxes
€56k▲
2023 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€300k€554k▲
Fixed assets21/28€3k€52k▲
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€946€2k▲
Furniture and vehicles24€2k€541▼
Financial fixed assets28-€50k
Current assets29/58€297k€502k▲
Amounts receivable within one year40/41€27k€17k▼
Trade receivables40€13k€17k▲
Other amounts receivable41€13k-
Current investments50/53-€101k
Cash at bank and in hand54/58€270k€383k▲
Equity and liabilities
Total equity and liabilities10/49€300k€554k▲
Equity10/15€246k€285k▲
Contributions10/11€5k€5k=
Reserves13€105k€280k▲
Distributable reserves133€105k€280k▲
Profit (loss) carried forward14€135k-
Amounts payable17/49€54k€269k▲
Amounts payable within one year42/48€54k€269k▲
Trade debts44€311€2k▲
Suppliers440/4€311€2k▲
Taxes, remuneration and social security45€53k€37k▼
Taxes450/3€51k€36k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€800€229k▲
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€824€2k▲
Other operating charges640/8€500-
Gross operating margin9900€150k€204k▲
Operating profit (loss)9901€149k€202k▲
Financial income75/76B€1k€722▼
Recurring financial income75€1k€722▼
Financial charges65/66B€701€800▲
Recurring financial charges65€701€800▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€149k€202k▲
Income taxes67/77€43k€56k▲
Profit (loss) for the period9904€106k€145k▲
Profit (loss) for the period to be appropriated9905€106k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€241k€330k▲
Profit (loss) brought forward from the previous period14P€135k€185k▲
Transfer to equity691/2€105k€100k▼
To other reserves6921€105k€100k▼
Profit to be distributed694/7€800€230k▲
Return on contributions (dividend)694€800€230k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2022net €145k ▲37.2%
Operating result €202k, net result €145k, both a record.
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €106k ▼21.7%
Net result drops to €106k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €246k ▲75%
2 profitable years in a row build equity to €246k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2021
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.
Louizalaan 2221050 ElseneGround area
1,034 m²
Building footprint
815 m²
Volume, LiDAR
15,532 m³
Parcel 21807G0121/00F008, Brussels · tallest building 35.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 222, 1050 Elsene
since 20212.316.201.236
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0121/00F008 | Brussels | 1,034 m² | 1 · 815 m² | 35.9 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
98450070E90F98DDA725
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PEOPLE INTENT
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 38,401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2021
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.