GeSimed
ActiveSummary
The computed 12-month bankruptcy probability of GeSimed is 2.0% (moderate). The 2025 annual accounts show equity of €39,787 and a net result of €199,327. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency36▼-38
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 4.29 in 2024; short-term debt: 61.5% and cash: 23% of total assets), and 89.2% 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
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
10.8%
Return on assets
54.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
30 d late
2024
28 d late
2023
31 d late
2022
60 d late
2021
61 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€39,787▼ 79.5%
2024 · €194,376
Total assets
€367,710▼ 8.0%
2024 · €399,508
Net result
€199,327▲ 14.6%
2024 · €173,916
Working capital
€26,167▼ 86.6%
2024 · €195,464
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€149,091▲ 163%€165,673▲ 11.1%€186,549▲ 12.6%€234,565▲ 25.7%€270,480▲ 15.3%
Net result€111,593▲ 173%€124,890▲ 11.9%€139,617▲ 11.8%€173,916▲ 24.6%€199,327▲ 14.6%
Equity€300,416▲ 64.5%€20,460▼ 93.2%€20,460=€194,376▲ 850%€39,787▼ 79.5%
Total assets€624,341▲ 6.6%€439,504▼ 29.6%€404,448▼ 8.0%€399,508▼ 1.2%€367,710▼ 8.0%
Debt€323,925▼ 19.6%€419,044▲ 29.4%€383,988▼ 8.4%€205,132▼ 46.6%€327,924▲ 59.9%
Working capital€328,194▲ 54.3%€45,212▼ 86.2%€36,606▼ 19.0%€195,464▲ 434%€26,167▼ 86.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367,710
Fixed assets
€115,452 ▼ 20.2%
Current assets
€252,259 ▼ 1.0%
Equity and liabilities €367,710
Equity
€39,787 ▼ 79.5%
Debt
€327,924 ▲ 59.9%
Debt's share of the balance-sheet total rises from 51.3% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€305,852▲
2024 · €269,976
Cash flow
€234,699▲
2024 · €209,328
Current ratio
1.12▼
2024 · 4.29
Debt to equity
8.24▲
2024 · 1.06
ROE
501.0%▲
2024 · 89.5%
ROA
54.2%▲
2024 · 43.5%
Interest coverage
42.46▲
2024 · 32.01
Debt ≤ 1 year
€226,091▲
2024 · €59,376
Debt > 1 year
€97,751▼
2024 · €141,981
Income taxes
€63,950▲
2024 · €52,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,058 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% | 1.6% |
| 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 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 6,703 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,143 | €36,064 | €36,011 | €35,411 | €35,372 | ▼ 0.1% |
| Other operating charges640/8 | €1,107 | €1,239 | €964 | €1,580 | €1,550 | ▼ 1.9% |
| Gross operating margin9900 | €194,341 | €202,977 | €223,523 | €271,555 | €307,402 | ▲ 13.2% |
| Operating profit (loss)9901 | €149,091 | €165,673 | €186,549 | €234,565 | €270,480 | ▲ 15.3% |
| Financial income75/76B | €0 | €0 | €6 | €40 | €0 | ▼ 99.8% |
| Recurring financial income75 | €0 | €0 | €6 | €40 | €0 | ▼ 99.8% |
| Financial charges65/66B | €4,542 | €4,379 | €6,050 | €8,435 | €7,203 | ▼ 14.6% |
| Recurring financial charges65 | €4,542 | €4,379 | €6,050 | €8,435 | €7,203 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €144,550 | €161,294 | €180,505 | €226,170 | €263,277 | ▲ 16.4% |
| Income taxes67/77 | €32,957 | €36,405 | €40,889 | €52,254 | €63,950 | ▲ 22.4% |
| Profit (loss) for the period9904 | €111,593 | €124,890 | €139,617 | €173,916 | €199,327 | ▲ 14.6% |
| Profit (loss) for the period to be appropriated9905 | €111,593 | €124,890 | €139,617 | €173,916 | €199,327 | ▲ 14.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €624,341 | €439,504 | €404,448 | €399,508 | €367,710 | ▼ 8.0% |
| Fixed assets21/28 | €244,199 | €208,135 | €173,633 | €144,669 | €115,452 | ▼ 20.2% |
| Intangible fixed assets21 | €235,779 | €202,096 | €168,414 | €134,731 | €101,048 | ▼ 25.0% |
| Tangible fixed assets22/27 | €8,420 | €6,039 | €5,220 | €9,938 | €14,403 | ▲ 44.9% |
| Plant, machinery and equipment23 | €88 | - | - | - | €669 | - |
| Furniture and vehicles24 | €8,333 | €6,039 | €5,220 | €9,938 | €9,334 | ▼ 6.1% |
| Other tangible fixed assets26 | - | - | - | - | €4,400 | - |
| Current assets29/58 | €380,142 | €231,369 | €230,815 | €254,839 | €252,259 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €119,736 | €87,197 | €87,280 | €57,934 | €65,720 | ▲ 13.4% |
| Trade receivables40 | €1,710 | - | €1,298 | €1,225 | €1,235 | ▲ 0.8% |
| Other amounts receivable41 | €118,026 | €87,197 | €85,982 | €56,709 | €64,485 | ▲ 13.7% |
| Cash at bank and in hand54/58 | €189,517 | €64,386 | €39,650 | €68,632 | €84,526 | ▲ 23.2% |
| Deferred charges and accrued income490/1 | €70,889 | €79,785 | €103,884 | €128,273 | €102,012 | ▼ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €624,341 | €439,504 | €404,448 | €399,508 | €367,710 | ▼ 8.0% |
| Equity10/15 | €300,416 | €20,460 | €20,460 | €194,376 | €39,787 | ▼ 79.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | €279,956 | - | - | €173,916 | €19,327 | ▼ 88.9% |
| Amounts payable17/49 | €323,925 | €419,044 | €383,988 | €205,132 | €327,924 | ▲ 59.9% |
| Amounts payable after more than one year17 | €271,897 | €229,049 | €185,745 | €141,981 | €97,751 | ▼ 31.2% |
| Financial debts170/4 | €271,897 | €229,049 | €185,745 | €141,981 | €97,751 | ▼ 31.2% |
| Amounts payable within one year42/48 | €51,948 | €186,157 | €194,208 | €59,376 | €226,091 | ▲ 281% |
| Current portion of amounts payable after more than one year42 | €45,059 | €42,848 | €43,304 | €43,764 | €44,230 | ▲ 1.1% |
| Trade debts44 | €704 | €1,764 | €2,380 | €1,844 | €1,862 | ▲ 1.0% |
| Suppliers440/4 | €704 | €1,764 | €2,380 | €1,844 | €1,862 | ▲ 1.0% |
| Taxes, remuneration and social security45 | €6,185 | €4,692 | €8,908 | €13,767 | - | - |
| Taxes450/3 | €6,185 | €4,692 | €8,908 | €13,767 | - | - |
| Other amounts payable47/48 | - | €136,853 | €139,617 | - | €180,000 | - |
| Accrued charges and deferred income492/3 | €80 | €3,838 | €4,035 | €3,776 | €4,081 | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,593 | €124,890 | €139,617 | €173,916 | €199,327 | ▲ 14.6% |
| + Depreciation and write-downs630 | €44,143 | €36,064 | €36,011 | €35,411 | €35,372 | ▼ 0.1% |
| Operating cash flow (approximation) | €155,736 | €160,954 | €175,627 | €209,328 | €234,699 | ▲ 12.1% |
| Investment in fixed assets (approximation) | - | €0 | -€1,509 | -€6,447 | -€6,155 | ▲ 4.5% |
| Change in cash | - | -€125,131 | -€24,736 | €28,982 | €15,895 | ▼ 45.2% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Highest result since 2019net €199,327 ▲14.6%
Operating result €270,480, net result €199,327, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 4.29
Current ratio from 1.19 to 4.29; short-term debt falls from €194,208 to €59,376.
31-12
Financial
Equity above €150,000Eq €194,376 ▲850%
6 profitable years in a row build equity to €194,376.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 7.32
Current ratio from 3.48 to 7.32; short-term debt falls from €85,845 to €51,948.
31-12
Financial
Equity above €200,000Eq €300,416 ▲64.5%
3 profitable years in a row build equity to €300,416.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €40,855 ▼68.4%
Net result drops to €40,855, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €182,623 ▲28.8%
2 profitable years in a row build equity to €182,623.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Erpe-Mere · 1 establishment unit since 2019
Ground area
4,327 m²
Building footprint
213 m²
Volume, LiDAR
1,525 m³
Parcel 41006A0570/00E000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Dokter Geert Van Moer, Kinderarts
since 20192.286.075.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41006A0570/00E000 | Flanders | 4,327 m² | 1 · 213 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,121 EUR awarded · 1,586 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,121 EUR | 1,121 EUR |
| 2023 | 1 | 0 EUR | 465 EUR |
Identification & contact
Identification
Legal formPrivate limited company
Founded06-03-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0721934970
Also
9925:BE0721934970
Registered
17-10-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.