GEMTECH
InactiveFinancials · financial year 2025, micro format
Equity
€1.2m▼ 2.8%
2024 · €1.2m
Total assets
€1.2m▼ 16.3%
2024 · €1.4m
Net result
-€34,406
2024 · €53,503
Working capital
€1.2m▲ 0.9%
2024 · €1.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €28,063 after €23,712 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.03m
2025
Net result-€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.2m
2025
Equity€1.2m
2025
Debt€0.005m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.2m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.1
2019
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.03m▼ 77.2%-€0.1m€0.05m€0.09m▲ 63.5%-€0.03m€0.02m-€0.03m
Net result€0.1m-€0.02m▼ 81.1%-€0.1m€0.06m€0.06m▲ 4.3%-€0.02m€0.05m-€0.03m
Equity€1.2m-€1.2m▲ 2.1%€1.1m▼ 8.6%€1.1m▲ 1.7%€1.2m▲ 5.7%€1.2m▼ 1.5%€1.2m▲ 4.6%€1.2m▼ 2.8%
Total assets€1.4m-€1.3m▼ 8.4%€1.1m▼ 14.5%€1.1m▲ 3.2%€1.2m▲ 5.4%€1.2m▼ 0.8%€1.4m▲ 19.9%€1.2m▼ 16.3%
Debt€0.2m-€0.09m▼ 60.6%€0.009m▼ 90.5%€0.03m▲ 200%€0.02m▼ 6.9%€0.03m▲ 32.9%€0.2m▲ 557%€0.005m▼ 97.5%
Working capital€1.1m-€1.2m▲ 4.3%€1.1m▼ 10.3%€1.1m▲ 2.2%€1.1m▲ 5.3%€1.1m▼ 1.5%€1.2m▲ 4.7%€1.2m▲ 0.9%
Staff (FTE)3.6-0.1▼ 97.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.2m
Equity
€1.2m ▼ 2.8%
Provisions
€12,370
Debt
€5,279 ▼ 97.5%
Debt's share of the balance-sheet total falls from 15.1% to 0.4%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.18
ROE
-2.9%▼
2024 · 4.4%
ROA
-2.9%▼
2024 · 3.8%
Debt ≤ 1 year
€5,279▼
2024 · €214,481
Income taxes
€5▼
2024 · €20,159
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €1.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €125 | - | - | €7,950 | €15,344 | ▲ 93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,958 | €5,588 | €4,972 | €5,226 | €5,971 | €5,083 | €3,921 | - | - |
| Other operating charges640/8 | - | - | - | €1,475 | €1,382 | €3,054 | €1,522 | €522 | ▼ 65.7% |
| Gross operating margin9900 | €614,681 | €36,423 | -€96,560 | €60,434 | €95,213 | -€19,522 | €29,156 | -€27,541 | - |
| Operating profit (loss)9901 | €145,833 | €33,271 | -€106,462 | €53,733 | €87,860 | -€27,659 | €23,712 | -€28,063 | - |
| Financial income75/76B | - | - | - | €7,288 | €7,892 | €13,974 | €54,086 | €61,030 | ▲ 12.8% |
| Recurring financial income75 | €73,252 | €25,433 | €6,477 | €7,288 | €7,892 | €13,974 | €54,086 | €61,030 | ▲ 12.8% |
| Financial charges65/66B | - | - | - | €640 | €349 | €3,882 | €4,136 | €67,368 | ▲ 16× |
| Recurring financial charges65 | €19,772 | €2,881 | €725 | €640 | €349 | €3,882 | €4,136 | €67,368 | ▲ 16× |
| Profit (loss) for the period before taxes9903 | €199,313 | €55,823 | -€100,710 | €60,380 | €95,403 | -€17,567 | €73,662 | -€34,400 | - |
| Income taxes67/77 | €68,747 | €31,097 | €2,387 | €229 | €32,668 | €193 | €20,159 | €5 | ▼ 100.0% |
| Profit (loss) for the period9904 | €130,566 | €24,726 | -€103,097 | €60,151 | €62,735 | -€17,761 | €53,503 | -€34,406 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €53,400 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €130,566 | -€28,674 | -€103,097 | €60,151 | €62,735 | €35,639 | €53,503 | -€34,406 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.3m | €1.1m | €1.1m | €1.2m | €1.2m | €1.4m | €1.2m | ▼ 16.3% |
| Fixed assets21/28 | €0.04m | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | - | - |
| Land and buildings22 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.002m | €0.001m | €0.006m | - | - |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.009m | €0.01m | €0.007m | - | - |
| Financial fixed assets28 | €0.01m | €0.001m | - | - | - | - | - | - | - |
| Current assets29/58 | €1.4m | €1.3m | €1.1m | €1.1m | €1.2m | €1.2m | €1.4m | €1.2m | ▼ 14.3% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | €0.4m | ▼ 20.5% |
| Trade receivables40 | - | - | - | €0.03m | €0.03m | €0.08m | €0.3m | - | - |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 69.0% |
| Current investments50/53 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.5m | ▲ 141% |
| Cash at bank and in hand54/58 | €1.0m | €1.0m | €0.8m | €0.7m | €0.8m | €0.7m | €0.7m | €0.3m | ▼ 54.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.008m | €0.02m | €0.004m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.1m | €1.1m | €1.2m | €1.2m | €1.4m | €1.2m | ▼ 16.3% |
| Equity10/15 | €1.2m | €1.2m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 2.8% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | €1.2m | €1.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | - | - | - | - |
| Distributable reserves133 | - | - | - | €1.1m | €1.2m | €1.1m | €1.2m | €1.2m | = |
| Profit (loss) carried forward14 | - | -€0.03m | -€0.1m | -€0.07m | -€0.07m | - | - | -€0.03m | - |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.01m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.01m | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | - | €0.01m | - |
| Amounts payable17/49 | €0.2m | €0.09m | €0.009m | €0.03m | €0.02m | €0.03m | €0.2m | €0.005m | ▼ 97.5% |
| Amounts payable within one year42/48 | €0.2m | €0.09m | €0.009m | €0.03m | €0.02m | €0.03m | €0.2m | €0.005m | ▼ 97.5% |
| Trade debts44 | €0.08m | €0.004m | €0.005m | €0.003m | €0.003m | €0.01m | €0.2m | €0.002m | ▼ 98.8% |
| Suppliers440/4 | - | - | - | €0.003m | €0.003m | €0.01m | €0.2m | €0.002m | ▼ 98.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.02m | €0.02m | €0.02m | €0.003m | ▼ 84.6% |
| Taxes450/3 | - | - | - | €0.003m | €0.02m | €0.02m | €0.02m | €0.003m | ▼ 84.6% |
| Other amounts payable47/48 | - | - | - | €0.02m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €105 | €0.001m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130,566 | €24,726 | -€103,097 | €60,151 | €62,735 | -€17,761 | €53,503 | -€34,406 | - |
| + Depreciation and write-downs630 | €7,958 | €5,588 | €4,972 | €5,226 | €5,971 | €5,083 | €3,921 | - | - |
| Operating cash flow (approximation) | €138,524 | €30,314 | -€98,125 | €65,377 | €68,706 | -€12,678 | €57,425 | -€34,406 | - |
| Investment in fixed assets (approximation) | - | €18,763 | -€23,683 | €0 | -€10,971 | -€4,904 | -€5,625 | - | - |
| Change in cash | - | -€48,749 | -€193,332 | -€54,977 | €73,619 | -€72,069 | -€31,169 | -€379,915 | ▼ 1,119% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 02-04-2026 | 2026-00071214 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00299178 |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00204338 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00313816 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20311204 |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-45200013 |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-49900507 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-61700595 |
| 31-12-2017 | abbreviated format | 02-07-2018 | 2018-28100556 |
| 31-12-2016 | abbreviated format | 28-08-2017 | 2017-49800534 |
Subsidies and aid
Flemish government
2025 · 1 entry · €1,485 awarded · €1,485 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.