ACTIVE

GEMAR

Financial year 2025 · closed on 30/09/2025
Net result
5,9 k €
-69.0% YoY
Gross margin
50,6 k €
-38.8% YoY
Equity
412,6 k €
+1.4% YoY

What does GEMAR do?

GEMAR is a Private company with limited liability incorporated in 1989. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Edegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.933.719
Incorporation
06/07/1989
Legal form
Private company with limited liability
Registered office
Jan de Sadelerlaan 16
2650 Edegem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin50,6 k €82,6 k €33,5 k €36 k €31,4 k €-1,3 k €59,7 k €28,1 k €-2,4 k €52,8 k €73,2 k €473,8 k €46,1 k €81,6 k €94,9 k €76,1 k €81,9 k €80,6 k €96,9 k €
EBITDA32,3 k €56,5 k €25,9 k €29,9 k €24,2 k €-9,6 k €41,9 k €7 k €-16,5 k €46 k €64,6 k €463,2 k €35,4 k €73,3 k €84,2 k €68,6 k €71,4 k €75,2 k €92 k €
Operating result240,2 €26,4 k €-5,2 k €-2,8 k €-6,4 k €-44,3 k €7,1 k €-48,7 k €-73,5 k €-16 k €2,7 k €396,7 k €-28,8 k €16,3 k €55 k €39,2 k €42,5 k €50 k €72,6 k €
Net result5,9 k €19 k €-3,8 k €-2,1 k €3,3 k €-42,7 k €9,4 k €-50,5 k €-72,3 k €33,4 k €6,7 k €260,9 k €-36,6 k €241,5 k €27,6 k €22,8 k €26 k €29,2 k €36,7 k €
Balance sheet
Equity412,6 k €406,7 k €569,4 k €579,5 k €581,6 k €600,5 k €643,3 k €633,9 k €684,4 k €756,7 k €723,2 k €716,5 k €455,6 k €492,2 k €250,7 k €223,1 k €200,4 k €174,3 k €145,2 k €
Total assets503,4 k €713,4 k €723,1 k €755,2 k €827 k €875,9 k €1,1 M €1,3 M €1,3 M €1,3 M €1,3 M €1,4 M €967,1 k €1 M €403,6 k €379 k €398,9 k €398,3 k €357,3 k €
Cash3,3 k €3 k €3,4 k €68,9 k €107,4 k €16,6 k €411,4 k €1,9 k €251 €49,4 k €7,1 k €8,2 k €777 €58,8 k €547 €11 k €3,2 k €2,2 k €151 €
Debts48,7 k €260,7 k €104 k €122,1 k €187,2 k €161,2 k €303,4 k €451,4 k €429,1 k €329,1 k €358,9 k €395 k €360 k €353,9 k €151,2 k €150,2 k €194,6 k €222 k €209,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Geertrui Van Tieghem

Director

Active
Marc Blij

Director

Active

Ended mandates

Geertrui Van Tieghem

Manager · since 08 janvier 2010

Ended
Geertrui Van Tieghem

Manager

Ended
Marc Blij

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/03/202619/03/202518/03/202409/03/202327/04/202229/04/2021
General meeting09/01/202610/01/202512/01/202413/01/202314/01/202208/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202509/01/202618/03/2026DutchPDF
Micro model30/09/202410/01/202519/03/2025DutchPDF
Micro model30/09/202312/01/202418/03/2024DutchPDF
Micro model30/09/202213/01/202309/03/2023DutchPDF
Micro model30/09/202114/01/202227/04/2022DutchPDF
Micro model30/09/202008/01/202129/04/2021DutchPDF
Micro model30/09/201910/01/202023/03/2020DutchPDF
Micro model30/09/201811/01/201920/03/2019DutchPDF
Micro model30/09/201712/01/201830/04/2018DutchPDF
Abridged model30/09/201613/01/201711/04/2017DutchPDF
Abridged model30/09/201508/01/201631/03/2016DutchPDF
Abridged model30/09/201409/01/201526/03/2015DutchPDF
Abridged model30/09/201310/01/201418/03/2014DutchPDF
Abridged model30/09/201211/01/201326/04/2013DutchPDF
Abridged model30/09/201113/01/201224/05/2012DutchPDF
Abridged model30/09/201014/01/201126/04/2011DutchPDF
Abridged model30/09/200908/01/201030/03/2010DutchPDF
Abridged model30/09/200809/01/200912/03/2009DutchPDF
Abridged model30/09/200711/01/200820/03/2008DutchPDF
Abridged model30/09/200612/01/200721/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Geertrui Van Tieghem

Director

Active
Marc Blij

Director

Active

Ended mandates

Geertrui Van Tieghem

Manager · since 08 janvier 2010

Ended
Geertrui Van Tieghem

Manager

Ended
Marc Blij

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office05/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/07/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates21/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/12/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20255,9 k €
  2. 2024
    Annual accounts 202419 k €
  3. 2023
    Annual accounts 2023-3,8 k €
  4. 2022
    Annual accounts 2022-2,1 k €
  5. 2021
    Annual accounts 20213,3 k €
  6. 2020
    Annual accounts 2020-42,7 k €
  7. 2019
    Annual accounts 20199,4 k €
  8. 2018
    Annual accounts 2018-50,5 k €
  9. 2017
    Annual accounts 2017-72,3 k €
  10. 2016
    Annual accounts 201633,4 k €
  11. 2015
    Annual accounts 20156,7 k €
  12. 2014
    Annual accounts 2014260,9 k €
  13. 2013
    Annual accounts 2013-36,6 k €
  14. 2012
    Annual accounts 2012241,5 k €
  15. 2011
    Annual accounts 201127,6 k €
  16. 2010
    Annual accounts 201022,8 k €
  17. 2009
    Annual accounts 200926 k €
  18. 2008
    Annual accounts 200829,2 k €
  19. 2007
    Annual accounts 200736,7 k €
  20. 06/07/1989
    IncorporationPrivate company with limited liability