GEMU VALVES
ActiveSummary
GEMU VALVES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €400,369. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+8
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 7.6 against 7.24 in 2024; short-term debt: 12.9% and cash: 22% of total assets), and 15.6% 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+raises risk○neutral
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
84.4%
Return on assets
21.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
21 d early
2023
20 d early
2022
31 d early
2021
16 d early
2020
26 d early
2019
25 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 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€3.9m
EBIT margin
10.5%
Net result
€400,369▲ 51.6%
2024 · €264,042
Working capital
€1.6m▲ 7.8%
2024 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Turnover
Operating result€695,229▲ 13.3%€964,079▲ 38.7%€927,346▼ 3.8%€383,232▼ 58.7%€565,023▲ 47.4%
Net result€478,154above the sector's middle half▲ 11.3%€728,152above the sector's middle half▲ 52.3%€679,256above the sector's middle half▼ 6.7%€264,042above the sector's middle half▼ 61.1%€400,369above the sector's middle half▲ 51.6%
EBIT margin
Equity€1.4mabove the sector's middle half▲ 5.8%€1.7mabove the sector's middle half▲ 19.6%€1.8mabove the sector's middle half▲ 4.7%€1.4mabove the sector's middle half▼ 18.9%€1.5mabove the sector's middle half▲ 7.0%
Total assets€2.0mwithin the sector's middle half▼ 21.5%€3.1mabove the sector's middle half▲ 55.5%€3.1mabove the sector's middle half▲ 0.6%€1.7mwithin the sector's middle half▼ 44.0%€1.8mwithin the sector's middle half▲ 6.1%
Debt€496,811▼ 55.4%€1.3m▲ 164%€1.3m▼ 4.6%€231,580▼ 81.5%€235,891▲ 1.9%
Working capital€1.4mabove the sector's middle half▲ 5.3%€1.7mabove the sector's middle half▲ 19.3%€1.7mabove the sector's middle half▲ 1.2%€1.4mabove the sector's middle half▼ 16.5%€1.6mabove the sector's middle half▲ 7.8%
Solvency72.3%above the sector's middle half▲ 18.7pp55.6%within the sector's middle half▼ 16.7pp57.8%within the sector's middle half▲ 2.2pp83.7%above the sector's middle half▲ 25.9pp84.4%above the sector's middle half▲ 0.7pp
Current ratio3.88above the sector's middle half▲ 1.662.30within the sector's middle half▼ 1.582.38within the sector's middle half▲ 0.087.24above the sector's middle half▲ 4.857.60above the sector's middle half▲ 0.36
Return on assets (ROA)24.3%above the sector's middle half▲ 7.2pp23.8%above the sector's middle half▼ 0.5pp22.1%above the sector's middle half▼ 1.7pp15.3%above the sector's middle half▼ 6.7pp21.9%above the sector's middle half▲ 6.6pp
Staff (FTE)7.3within the sector's middle half▼ 2.7%6.2within the sector's middle half▼ 15.1%8.4above the sector's middle half▲ 35.5%7.5above the sector's middle half▼ 10.7%7.2above the sector's middle half▼ 4.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€36,550 ▼ 24.3%
Current assets
€1.8m ▲ 6.9%
Equity and liabilities €1.8m
Equity
€1.5m ▲ 7.0%
Provisions
€49,000 =
Debt
€235,891 ▲ 1.9%
Debt's share of the balance-sheet total falls from 13.4% to 12.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€578,875▲
2024 · €398,709
Cash flow
€414,221▲
2024 · €279,520
Debt to equity
0.15▼
2024 · 0.16
ROE
25.9%▲
2024 · 18.3%
Interest coverage
31.43▲
2024 · 19.39
Debt ≤ 1 year
€235,891▲
2024 · €231,580
Income taxes
€146,370▲
2024 · €98,775
Staff costs
€868,548▲
2024 · €784,555
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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 | €565,255 | €573,363 | €776,045 | €784,555 | €868,548 | ▲ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,629 | €11,060 | €31,073 | €15,477 | €13,852 | ▼ 10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €50,000 | -€5,000 | - | €26,927 | - | - |
| Other operating charges640/8 | €1,478 | €4,443 | €6,279 | €15,998 | €5,194 | ▼ 67.5% |
| Non-recurring operating charges66A | - | - | - | €61,568 | - | - |
| Gross operating margin9900 | €1.3m | €1.5m | €1.7m | €1.3m | €1.5m | ▲ 12.8% |
| Operating profit (loss)9901 | €695,229 | €964,079 | €927,346 | €383,232 | €565,023 | ▲ 47.4% |
| Financial income75/76B | €22 | €164 | €20 | €149 | €135 | ▼ 9.7% |
| Recurring financial income75 | €22 | €164 | €20 | €149 | €135 | ▼ 9.7% |
| Financial charges65/66B | €14,691 | €12,818 | €11,835 | €20,563 | €18,418 | ▼ 10.4% |
| Recurring financial charges65 | €14,691 | €12,818 | €11,835 | €20,563 | €18,418 | ▼ 10.4% |
| Profit (loss) for the period before taxes9903 | €680,560 | €951,425 | €915,530 | €362,818 | €546,739 | ▲ 50.7% |
| Income taxes67/77 | €202,406 | €223,273 | €236,274 | €98,775 | €146,370 | ▲ 48.2% |
| Profit (loss) for the period9904 | €478,154 | €728,152 | €679,256 | €264,042 | €400,369 | ▲ 51.6% |
| Profit (loss) for the period to be appropriated9905 | €478,154 | €728,152 | €679,256 | €264,042 | €400,369 | ▲ 51.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €3.1m | €3.1m | €1.7m | €1.8m | ▲ 6.1% |
| Fixed assets21/28 | €38,729 | €40,207 | €98,165 | €48,292 | €36,550 | ▼ 24.3% |
| Tangible fixed assets22/27 | €20,957 | €22,419 | €80,360 | €30,402 | €18,546 | ▼ 39.0% |
| Furniture and vehicles24 | €20,957 | €22,419 | €80,360 | €30,402 | €18,546 | ▼ 39.0% |
| Financial fixed assets28 | €17,772 | €17,788 | €17,805 | €17,890 | €18,004 | ▲ 0.6% |
| Current assets29/58 | €1.9m | €3.0m | €3.0m | €1.7m | €1.8m | ▲ 6.9% |
| Stocks and contracts in progress3 | - | €63,112 | €54,804 | - | - | - |
| Stocks30/36 | - | €63,112 | €54,804 | - | - | - |
| Amounts receivable within one year40/41 | €1.7m | €2.1m | €2.1m | €1.4m | €1.4m | ▼ 3.3% |
| Trade receivables40 | €1.7m | €2.1m | €2.0m | €1.3m | €1.4m | ▲ 7.6% |
| Other amounts receivable41 | - | - | €163,000 | €142,500 | - | - |
| Cash at bank and in hand54/58 | €262,538 | €820,728 | €758,851 | €249,743 | €401,877 | ▲ 60.9% |
| Deferred charges and accrued income490/1 | €5,337 | €7,677 | €41,148 | €26,827 | €37,645 | ▲ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €3.1m | €3.1m | €1.7m | €1.8m | ▲ 6.1% |
| Equity10/15 | €1.4m | €1.7m | €1.8m | €1.4m | €1.5m | ▲ 7.0% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Revaluation surpluses12 | - | - | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1.3m | €1.6m | €1.7m | €1.3m | €1.4m | ▲ 7.5% |
| Non-distributable reserves130/1 | €10,000 | €10,000 | - | - | - | - |
| Reserves not available under the articles1311 | €10,000 | €10,000 | - | - | - | - |
| Distributable reserves133 | €1.3m | €1.6m | €1.7m | €1.3m | €1.4m | ▲ 7.5% |
| Profit (loss) carried forward14 | €0 | €0 | - | - | - | - |
| Provisions and deferred taxes16 | €49,000 | €49,000 | €49,000 | €49,000 | €49,000 | = |
| Provisions for liabilities and charges160/5 | €49,000 | €49,000 | €49,000 | €49,000 | €49,000 | = |
| Environmental obligations163 | €49,000 | - | - | - | - | - |
| Other liabilities and charges164/5 | - | €49,000 | €49,000 | €49,000 | €49,000 | = |
| Amounts payable17/49 | €496,811 | €1.3m | €1.3m | €231,580 | €235,891 | ▲ 1.9% |
| Amounts payable within one year42/48 | €496,811 | €1.3m | €1.3m | €231,580 | €235,891 | ▲ 1.9% |
| Trade debts44 | €226,215 | €998,797 | €1.0m | €80,068 | €25,417 | ▼ 68.3% |
| Suppliers440/4 | €226,215 | €998,797 | €1.0m | €80,068 | €25,417 | ▼ 68.3% |
| Taxes, remuneration and social security45 | €270,596 | €312,770 | €233,691 | €151,513 | €210,474 | ▲ 38.9% |
| Taxes450/3 | €138,649 | €175,671 | €111,522 | €63,010 | €64,833 | ▲ 2.9% |
| Remuneration and social security454/9 | €131,947 | €137,099 | €122,169 | €88,503 | €145,641 | ▲ 64.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €478,154 | €728,152 | €679,256 | €264,042 | €400,369 | ▲ 51.6% |
| + Depreciation and write-downs630 | €10,629 | €11,060 | €31,073 | €15,477 | €13,852 | ▼ 10.5% |
| Operating cash flow (approximation) | €488,783 | €739,212 | €710,330 | €279,520 | €414,221 | ▲ 48.2% |
| Investment in fixed assets (approximation) | - | -€12,538 | -€89,032 | €34,397 | -€2,110 | ▼ 106% |
| Change in cash | - | €558,190 | -€61,878 | -€509,107 | €152,134 | ▲ 130% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €264,042 ▼61.1%
Net result drops to €264,042, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 7.24
Current ratio from 2.38 to 7.24; short-term debt falls from €1.3m to €231,580.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €728,152 ▲52.3%
Operating result €964,079, net result €728,152, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1mEq €1.3m ▲47%
3 profitable years in a row build equity to €1.3m.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wemmel · 1 establishment unit since 2008
Ground area
4,981 m²
Building footprint
556 m²
Volume, LiDAR
6,903 m³
2 parcels, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
1 establishment unit
Gemü Valves
since 20082.173.078.528
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0344/00D003 | Flanders | 2,523 m² | 1 · 556 m² | 15.3 m · 4 fl. |
| 23026A0153/00C000 | Flanders | 2,458 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,501 companies in sector 46649 we hold annual accounts for 1,762. 1,299 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 (pre-2019)
Founded02-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
46869Wholesale trade
46900Non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806096130
Also
9925:BE0806096130
Registered
22-02-2022
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.