GEMADIS
ActiveSummary
GEMADIS has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show negative equity (€-4k) and a net result of €-697. Equity is shrinking by ~63.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
32 d late
2022
31 d late
2021
29 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Financials · fiscal year 2024, micro schema
Equity
€-4k▼ 23.8%
2023 · €-3k
2018: €7k
2019: €7k
2020: €2k
2021: €226
2022: €-1k
2023: €-3k
2018 → 2024
Total assets
€34▼ 95.3%
2023 · €725
2018: €11k
2019: €12k
2020: €9k
2021: €7k
2022: €425
2023: €725
2018 → 2024
Net result
€-697▲ 53.5%
2023 · €-1k
2018: €-3k
2019: €312
2020: €-5k
2021: €-2k
2022: €-2k
2023: €-1k
2018 → 2024
Working capital
€-4k▼ 23.8%
2023 · €-3k
2018: €7k
2019: €7k
2020: €2k
2021: €226
2022: €-1k
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€226▼ 90.1%€-1k€-3k▼ 105%€-4k▼ 23.8%
Operating result€-5k-€-2k▲ 56.9%€-2k▲ 19.4%€-2k▲ 7.8%€-667▲ 55.6%
Net result€-5k-€-2k▲ 56.7%€-2k▲ 19.1%€-1k▲ 9.5%€-697▲ 53.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €667 in 2024 against €2k in 2023; the loss shrinks.
Key figures and ratios
Debt
€4k▲
2023 · €4k
Debt ≤ 1 year
€4k▲
2023 · €4k
Ratios withheld: a balance sheet total of €34 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet
Code20232024
Assets
Total assets20/58€725€34▼
Current assets29/58€725€34▼
Cash at bank and in hand54/58€725€34▼
Equity and liabilities
Total equity and liabilities10/49€725€34▼
Equity10/15€-3k€-4k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€-22k€-22k▼
Amounts payable17/49€4k€4k▲
Amounts payable within one year42/48€4k€4k▲
Trade debts44€831€387▼
Suppliers440/4€831€387▼
Other amounts payable47/48€3k€3k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€806€184▼
Other operating charges640/8€695€483▼
Gross operating margin9900€-806€-184▲
Operating profit (loss)9901€-2k€-667▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B-€30
Recurring financial charges65-€30
Profit (loss) for the period before taxes9903€-1k€-697▲
Profit (loss) for the period9904€-1k€-697▲
Profit (loss) for the period to be appropriated9905€-1k€-697▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-22k▼
Profit (loss) brought forward from the previous period14P€-20k€-22k▼
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
11-04
KBO administration
UBO non-compliance
event 31-03-2025
2024
01-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 32 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-5k ▼1615%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €312
Net result €312 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 135 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2015
29-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Combattants 911340 Ottignies-Louvain-la-NeuveGround area
1,591 m²
Building footprint
599 m²
Volume, LiDAR
13,243 m³
2 parcels, Brussels, Wallonia · tallest building 27.2 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Boondaalsesquare 1, 1050 Elsene
since 19912.053.431.897
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0022/00H003 | Brussels | 1,302 m² | 1 · 553 m² | 27.2 m · 8 fl. |
| 25083F0006/00W004 | Wallonia | 289 m² | 1 · 46 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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COM&COM
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ONION
BE 1032.294.982
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mediakantoor steevens
BE 0859.557.580
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DIGIMOVE
BE 1003.355.429
Leuven · Eq €298
Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 141 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded20-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.