ACTIVE

GEMONYX

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Financial year 2025 · closed on 31/12/2025

Net result

4,0 M €

+135.5% YoY

Revenue

244,6 M €

+21.2% YoY

Equity

71,1 M €

-26.8% YoY

What does GEMONYX do?

GEMONYX is a Public limited company incorporated in 2019. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0725.645.320

Incorporation

24/04/2019

Legal form

Public limited company

Registered office

Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2020
Income statement
Revenue	244,6 M €	+21.2%	201,9 M €	-61.6%	525,5 M €	-59.8%	1,3 Md €	+162%	499,6 M €	+273%	134,0 M €
EBITDA	7,4 M €	+153%	-13,8 M €	-359%	5,3 M €	-86.1%	38,3 M €	+285%	10,0 M €	+7571%	129,8 k €
Operating result	6,6 M €	+147%	-13,8 M €	-359%	5,3 M €	-86.0%	38,1 M €	+290%	9,8 M €	+15639%	-62,8 k €
Net result	4,0 M €	+136%	-11,1 M €	-357%	4,3 M €	-81.9%	23,9 M €	+247%	6,9 M €	+824%	-950,6 k €
Balance sheet
Equity	71,1 M €	-26.8%	97,1 M €	-10.3%	108,2 M €	+4.2%	103,9 M €	+29.8%	80,0 M €	+9.4%	73,2 M €
Total assets	81,3 M €	-30.2%	116,4 M €	-40.8%	196,5 M €	-67.4%	602,6 M €	+106%	292,2 M €	+250%	83,5 M €
Cash	2,0 M €	-47.9%	3,9 M €	-20.7%	5,0 M €	-43.6%	8,8 M €	+36.2%	6,5 M €	-39.5%	10,7 M €
Debts	10,2 M €	-46.1%	19,0 M €	-77.7%	85,3 M €	-82.9%	498,6 M €	+135%	212,1 M €	+1946%	10,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Christian-Henning Liddiard

Director · since 01 août 2025 · until 11 juin 2030

Active

Peter Busse

Director · since 06 avril 2020 · until 11 juin 2030

Active

Ended mandates

Peter Busse

Director · since 06 avril 2020 · until 10 juin 2025

Ended

Dirk Mausbeck

Director · since 18 février 2020 · until 10 juin 2025

Ended

Dirk MAUSBECK

Chairman of the board of directors · since 18 février 2020 · until 10 juin 2025

Ended

Peter Busse

Director · since 18 février 2020 · until 28 novembre 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	10/07/2026	01/12/2025	24/01/2025	19/12/2023	03/10/2022	18/06/2021
General meeting	29/06/2026	28/11/2025	13/12/2024	30/11/2023	23/09/2022	08/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	10/07/2026	Dutch	PDF
Full model	31/12/2024	28/11/2025	01/12/2025	Dutch	PDF
Full model	31/12/2023	13/12/2024	24/01/2025	English	PDF
Full modelCorrection	31/12/2023	13/12/2024	20/12/2024	Dutch	PDF
Full model	31/12/2023	31/10/2024	04/11/2024	Dutch	PDF
Full model	31/12/2022	30/11/2023	20/12/2023	English	PDF
Full model	31/12/2022	30/11/2023	19/12/2023	Dutch	PDF
Full model	31/12/2021	23/09/2022	03/10/2022	English	PDF
Full model	31/12/2021	23/09/2022	03/10/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	18/06/2021	French	PDF
Full model	31/12/2020	08/06/2021	18/06/2021	English	PDF
Full model	31/12/2019	17/06/2020	10/07/2020	English	PDF
Full model	31/12/2019	17/06/2020	07/07/2020	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 6 ended

Active mandates

Christian-Henning Liddiard

Director · since 01 août 2025 · until 11 juin 2030

Active

Peter Busse

Director · since 06 avril 2020 · until 11 juin 2030

Active

Ended mandates

Peter Busse

Director · since 06 avril 2020 · until 10 juin 2025

Ended

Dirk Mausbeck

Director · since 18 février 2020 · until 10 juin 2025

Ended

Dirk MAUSBECK

Chairman of the board of directors · since 18 février 2020 · until 10 juin 2025

Ended

Peter Busse

Director · since 18 février 2020 · until 28 novembre 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/09/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other24/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/04/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates13/02/2020
DEMISSIONS, NOMINATIONS
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 20254,0 M €↑
01/08/2025
reconductionChristian-Henning Liddiard — bestuurder
01/08/2025
nominationChristian-Henning Liddiard — bestuurder
11/06/2025
reconductionPeter Busse — bestuurder
2024
Annual accounts 2024-11,1 M €↓
2023
Annual accounts 20234,3 M €↓
2022
Annual accounts 202223,9 M €↑
23/09/2022
reconductionEY Bedrijfsrevisoren BV — commissaris
2021
Annual accounts 20216,9 M €↑
2020
Annual accounts 2020-950,6 k €
24/04/2019
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

GEMONYX

Overview

What does GEMONYX do?

Trend over 6 financial years

Indicative valuation

Board of directors

Other companies at this address

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