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Complete company report
Generated 18-07-2026
Active BE 0472.396.928Public limited company

GemVentures 1

Drukpersstraat 4 ·1000 Brussel, Belgium· 26 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of GemVentures 1 is 1.5% (low). The 2023 annual accounts show equity of €639k and a net result of €65k. Equity remains stable across the filed fiscal years (±1% per year). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €639k
Net result €65k
Active 26 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health78Profitability50Solvency100Growth52Stability100
76 / 100

Exceptional profile, strong across almost every axis.

Health 78
Profitability 50
Solvency 100
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.5% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Higher-failure-rate region +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
78 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 24-07-2024 with the NBB · fiscal year 2023 · verkort
€-100k€0€100k€200kOperating result 2019: €-34k€-34kNet result 2019: €167k€167kOperating result 2020: €-27k€-27kNet result 2020: €186k€186kOperating result 2021: €-25k€-25kNet result 2021: €-25k€-25kOperating result 2022: €-21k€-21kNet result 2022: €-20k€-20kOperating result 2023: €-17k€-17kNet result 2023: €65k€65k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 6 fiscal years (±1%/year).
€500k€550k€600k€650k2024: €587k (€536k - €638k)2025: €581k (€530k - €632k)2026: €575k (€524k - €626k)2018: €632k2019: €601k2020: €620k2021: €595k2022: €575k2023: €639k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€65k
- 18-23
Total assets
€647k
+10.7% 18-23
Equity
€639k
+11.2% 18-23
Working capital
€370k
+20.5% 18-23
Debt
€8k
-18.4% 18-23
Debt ≤ 1y
€0
-100.0% 18-23
Current ratio
883.82
+804.8% 18-23
Quick ratio
883.82
+804.8% 18-23
Solvency
98.7%
+0.5% 18-23
Debt / equity
0.01
-26.6% 18-23
ROE
10.1%
- 18-23
ROA
10.0%
- 18-23
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA-
Net profit€65k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€647k
Equity€639k
Debt€8k
of which ≤ 1y€0
of which > 1y-
Working capital€370k
Employees (FTE)-
Ratios (computed)
2023
Current ratio-
Quick ratio-
Working capital ratio57.1%
Solvency98.7%
Debt / equity0.01
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA10.0%
ROE10.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€647k
Fixed assets 21/28€277k
Financial fixed assets 28€277k
Current assets 29/58€370k
Amounts receivable within one year 40/41€312k
Cash & bank 54/58€58k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€647k
Equity 10/15€639k
Contributions / capital 10/11€409k
Reserves 13€26k
Accumulated profits (losses) 14€204k
Amounts payable 17/49€8k
Amounts payable within one year 42/48€0
Trade debts payable within one year 44€0
Income statement
Gross operating margin 9900€-17k
Operating result 9901€-17k
Financial income 75€82k
Financial charges 65€703
Result before taxes 9903€65k
Net result for the period 9904€65k
Result to be appropriated 9905€65k
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Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation14-07-2000
StatusActive
Postal code1000
Establishment units 1 location
Drukpersstraat 4, 1000 Brussel
since 20002.100.963.877
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 16 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
24-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
10-05-2024
State Gazette act Statutes amendment
v3.2
2023
05-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
25-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
27-10-2021
State Gazette act Director changes
v3.2
30-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
07-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
15-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
15-07-2019
State Gazette act Director changes
v3.2
2018
26-09-2018
State Gazette act Director changes
v3.2
13-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
05-07-2018
State Gazette act Director changes
v3.2
2017
17-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
01-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
06-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2005
30-09-2005
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 6 acts
All acts · 6 updated 2 years ago
2024
10-05-2024 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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2021
27-10-2021 2 directors appointed Director changes
  • Callens, Pirenne, Theunissen & Co Bedrijfsrevisoren CV, Commissaris
  • Ken Snoeks, Vaste vertegenwoordiger
Summary: v3.2
Technical details 
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2019
15-07-2019 2 directors appointed, 2 resigning Director changes
  • Louis Kergail, Gedelegeerd bestuurder
  • Louis Kergail, Bestuurder
  • Elske Bijzitter, Bestuurder
  • Elske Bijzitter, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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2018
26-09-2018 4 directors appointed, 3 resigning Director changes
  • Elske Bijzitter, Bestuurder
  • Johannes de Reus, Bestuurder
  • Callens, Pirenne, Theunissen en Co Bedrijfsrevisoren BCVBA, Commissaris
  • Ken Snoeks, Commissaris
  • Elske Bijzitter, Bestuurder
  • Johannes de Reus, Bestuurder
  • Callens, Pirenne, Theunissen en Co Bedrijfsrevisoren BCVBA, Commissaris
Summary: v3.2
Technical details 
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05-07-2018 2 directors appointed Director changes
  • Callens, Pirenne, Theunissen & Co Bedrijfsrevisoren BV CVBA, Commissaris
  • Ken Snoeks, Commissaris
Summary: v3.2
Technical details 
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2005
30-09-2005 2 directors appointed, 1 resigning Director changes
  • Sébastien Rouzaire, Bestuurder
  • Kristiaan Van den Eynde, Bestuurder
  • Jan Wietse Hilverda, Bestuurder
Summary: v3.2
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL GemVentures 1
Registered office
Drukpersstraat 4
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative