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GHEMKO

Active Private limited companyfounded 1999active for 27 yearsZonnestraat 76, 9100 Sint-NiklaasKBO/BCE: BE 0466.021.850

Lifetime

19 annual accounts with figures on one time axis, 26 filings since 2000
peak €1.5m (2024)
€757,706previous year 18 months
lowest -€14,496 (2010)
€19,607previous year 18 months
peak €636,837 (2025)
€636,837▲ 3.2%
€1.3m▲ 40.2%
peak 7.4 FTE (2021)
7.3 FTE▲ 5.8%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
25-06-202625 days late
2025abbreviated format
Debts from €946,871 to €1.3mCash from €94,876 to €182,488

Key points

from the 2025 annual accounts

Equity

€636,837 ▲ 3.2%

GHEMKO has made a profit without a break since 2013.

Result

€19,607 ▼ 94.1%
€332,0002024€19,6002025

The result fell in 2025: 12-month financial year.

Debts

€1.3m ▲ 40.2%
Suppliers
+0.5
Other debts
+0.03
Taxes and wages
+0.00
The rest
-0.1

Debts rose by €380,639 in 2025.

2025 accounts filed 25 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as GHEMKO has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for GHEMKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0466021850
Appointments: (director) and (director) General meeting of 15-09-2023 · Gazette deed
Capital increase of €73,500 to €92,092.01 Capital from €18,592.01 to €92,092.01, 2,964 new shares · General meeting of 30-04-2015 · Gazette deed
First establishment Zonnestraat 75 B, Sint-Niklaas
All 38 events

Comparable companies

same main activity, similar in size and age
Company
GHEMKO Sint-Niklaas €2.0m €757,706 32.4% 7.3
THOLEN Bree €1.6m €816,162 32.5% 7.5
HTL INFRA Berchem-Sainte-Agathe €1.4m €855,973 36.9% 7.2
DE JAEGER CHRISTIAN Evergem €1.7m €957,837 22.5% 6.7
ABSO Evergem €1.9m €604,350 25.3% 6.2
DE SUTTER - GOETHALS Lievegem €2.4m €628,292 66.6% 8.3
WILLEMS - DE VLIEGER Evergem €1.5m €881,702 65.6% 7.1

These companies have the same main activity as GHEMKO: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.4m and €2.4m, founded between 1988 and 2002.

Official details

Source: KBO
Status
Active since 25-05-1999Normal situation
Activity
Site preparationNACE 43120and 1 other
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 31-10-2025
Establishment unit
2.091.513.7039100 Sint-Niklaas, since 02-07-1999
Financial year end
31 October
Peppol
Reachable since 08-04-2025
Company details

Annual accounts to 31-10-2025

≈ €2.1mestimated
€2.0m▲ 25.6%
Employeeson 31-10-2025
8▲ 14.3%
Filing
Filed on 25-06-2026
Financials

Insights on GHEMKO

GHEMKO files the abbreviated format. That format states no turnover. The gross margin rose from €120,989 in 2007 to €757,706 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GHEMKO

What is the company number of GHEMKO?
The company number of GHEMKO is 0466.021.850. The VAT number is the same number with BE in front: BE 0466.021.850.
Where is GHEMKO based?
The registered office is at Zonnestraat 76, 9100 Sint-Niklaas.Company details
What does GHEMKO do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GHEMKO?
GHEMKO is a private limited company (BV).
When was GHEMKO founded?
GHEMKO was founded on 25-05-1999.
Is GHEMKO still active?
Yes, GHEMKO is an active enterprise in the KBO register.
How many employees does GHEMKO have?
GHEMKO had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GHEMKO fall under?
In its 31-10-2025 annual accounts, GHEMKO states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of GHEMKO?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €757,706 and 128 comparable companies (NACE 43). It probably lies between €1.6m and €2.8m.
Is GHEMKO profitable?
In financial year 2025, GHEMKO made a profit of €19,607.
Where can I find the annual accounts of GHEMKO?
GHEMKO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GHEMKO due?
GHEMKO must file the annual accounts for financial year 2026 by 31-05-2027.Timeline

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