ACTIVE

GEMA

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Financial year 2025 · closed on 31/12/2025

Net result

242,4 k €

+54.1% YoY

Revenue

11,3 M €

-0.3% YoY

Equity

221,3 k €

-3.3% YoY

Workforce

25,7 ETP

-1.9% YoY

What does GEMA do?

GEMA is a Public limited company incorporated in 2013. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Soumagne. It employs on average 25,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0535.867.887

Incorporation

21/06/2013

Legal form

Public limited company

Registered office

Avenue de la Résistance(MEL) 355
4633 Soumagne · WallonieSee on map

Contributed capital

121 500,00 €

Latest accounts

31/12/2025

Average workforce

25,7 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47114Retail sale in non-specialised stores with food, beverages or tobacco predominating

Joint committees (4)

119
201
202
20201

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	11,3 M €	-0.3%	11,3 M €	-5.9%	12 M €	+12.0%	10,7 M €	+3.6%	10,4 M €	-1.9%	10,6 M €	+7.0%	9,9 M €	-1.0%	10 M €	-4.0%	10,4 M €	+2.8%	10,1 M €	+1.1%	10 M €	-20.0%	12,5 M €
EBITDA	519,8 k €	+20.1%	433 k €	-26.4%	588,3 k €	+25.8%	467,7 k €	+35.5%	345,1 k €	-25.6%	464 k €	+135%	197,2 k €	+13.4%	174 k €	-36.7%	274,7 k €	-5.3%	290,2 k €	+26.9%	228,7 k €	-7.8%	247,9 k €
Operating result	342,4 k €	+40.7%	243,4 k €	-38.3%	394,5 k €	+55.7%	253,3 k €	+12.1%	226 k €	-34.7%	346,3 k €	+857%	36,2 k €	+1279%	-3,1 k €	-104%	75,1 k €	+14.6%	65,6 k €	+34.3%	48,8 k €	-21.0%	61,8 k €
Net result	242,4 k €	+54.1%	157,4 k €	-41.4%	268,7 k €	+93.2%	139,1 k €	-5.0%	146,4 k €	-46.1%	271,5 k €	+14631%	-1,9 k €	+95.8%	-44,6 k €	-516%	10,7 k €	-52.1%	22,4 k €	+592%	3,2 k €	-65.8%	9,5 k €
Balance sheet
Equity	221,3 k €	-3.3%	228,9 k €	+3.3%	221,5 k €	-2.8%	227,8 k €	-4.6%	238,7 k €	-1.5%	242,3 k €	+101%	120,8 k €	-1.5%	122,7 k €	-26.7%	167,3 k €	+6.8%	156,6 k €	+16.7%	134,2 k €	+2.5%	131 k €
Total assets	2,3 M €	+0.1%	2,3 M €	-9.1%	2,6 M €	-13.5%	3 M €	-1.0%	3 M €	+37.4%	2,2 M €	+9.8%	2 M €	-8.0%	2,2 M €	-15.6%	2,6 M €	+6.9%	2,4 M €	+5.1%	2,3 M €	+12.9%	2 M €
Cash	112,5 k €	-18.6%	138,2 k €	-43.3%	243,9 k €	+42.8%	170,8 k €	-31.9%	250,9 k €	+7.3%	233,8 k €	+52.8%	153 k €	+22.5%	124,9 k €	+2.9%	121,3 k €	-8.9%	133,1 k €	-13.3%	153,6 k €	-25.5%	206,3 k €
Debts	2,1 M €	+1.5%	2 M €	-9.7%	2,3 M €	-12.8%	2,6 M €	-5.6%	2,7 M €	+41.0%	1,9 M €	+4.0%	1,9 M €	-8.3%	2 M €	-14.8%	2,4 M €	+6.9%	2,2 M €	+4.3%	2,1 M €	+13.7%	1,9 M €
Other
Workforce	25,7 ETP	-1.9%	26,2 ETP	-4.4%	27,4 ETP	-1.4%	27,8 ETP	-3.1%	28,7 ETP	-1.4%	29,1 ETP	-12.1%	33,1 ETP	0.0%	33,1 ETP	-2.1%	33,8 ETP	+8.3%	31,2 ETP	+5.4%	29,6 ETP	+22.3%	24,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

ANDRE LEGRAND

Managing director · since 04 juin 2025 · until 03 juin 2031

Active

CHRISTOPHE THIRY

Managing director · since 04 juin 2025 · until 03 juin 2031

Active

Ended mandates

ANDRE LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended

CHRISTOPHE THIRY

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended

André LEGRAND

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

Christophe THIRY

Managing director · since 01 juillet 2019 · until 15 juin 2023

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	13/06/2025	27/06/2024	26/06/2023	28/06/2022	21/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	03/07/2026	French	PDF
Abridged model	31/12/2024	04/06/2025	13/06/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	27/06/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	26/06/2023	French	PDF
Abridged model	31/12/2021	01/06/2022	28/06/2022	French	PDF
Abridged model	31/12/2020	02/06/2021	21/06/2021	French	PDF
Abridged model	31/12/2019	03/06/2020	08/07/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	13/06/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	14/06/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	08/06/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	09/06/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	17/07/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/12/2025 · 2 active · 8 ended

Active mandates

ANDRE LEGRAND

Managing director · since 04 juin 2025 · until 03 juin 2031

Active

CHRISTOPHE THIRY

Managing director · since 04 juin 2025 · until 03 juin 2031

Active

Ended mandates

ANDRE LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended

CHRISTOPHE THIRY

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended

André LEGRAND

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

Christophe THIRY

Managing director · since 01 juillet 2019 · until 15 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2025
DEMISSIONS, NOMINATIONS
PDF
Other31/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/01/2020
DEMISSIONS, NOMINATIONS
PDF
Other02/07/2013
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025242,4 k €↑
2024
Annual accounts 2024157,4 k €↓
2023
Annual accounts 2023268,7 k €↑
2022
Annual accounts 2022139,1 k €↓
2021
Annual accounts 2021146,4 k €↓
2020
Annual accounts 2020271,5 k €↑
2019
Annual accounts 2019-1,9 k €↑
2018
Annual accounts 2018-44,6 k €↓
2017
Annual accounts 201710,7 k €↓
2016
Annual accounts 201622,4 k €↑
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 20149,5 k €
21/06/2013
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GEMA

Overview

What does GEMA do?

Trend over 12 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline