GEMAD is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 20 September 1989, 1 establishment.

What is the address of GEMAD?

The registered office of GEMAD is located at Gootstraat 17, 8880 Ledegem.

Is GEMAD still active?

Yes. According to the CBE (29 October 2026) GEMAD is active, legal situation “Normale toestand”, started on 20 September 1989.

Is GEMAD registered on Peppol?

Yes, GEMAD is registered on the Peppol network with ID 0208:0438400903.

What is the enterprise number of GEMAD?

The enterprise number of GEMAD is BE0438400903.

When was GEMAD founded?

GEMAD was founded on 20 September 1989.

Who are the directors of GEMAD?

According to the 2025 annual accounts, the directors of GEMAD are: Paul Vandeputte, Griet Robyn.

Is GEMAD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 September 1989; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GEMAD make in 2025?

GEMAD posted a profit after taxes of € 6,737 in financial year 2025.

What is the revenue of GEMAD?

As a small company, GEMAD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 64,906.

How many employees does GEMAD have?

According to the 2025 annual accounts, GEMAD has 0 full-time equivalents (FTE).

GEMAD (Private Limited) - Ledegem - BE0438400903

Dossier GEMAD, printed on 29 October 2026 from databakkes.be/en/0438400903/gemad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GEMAD from Ledegem, company number BE0438400903, closed financial year 2025 with a result of € 6,737 after tax. For that financial year GEMAD recorded a gross margin of € 64,906 and equity of € 651,136. Compared with financial year 2024, the result moved from € 4,075 to € 6,737. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 21, 2026.

What it is worth Growing

€ 651,136

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 6,737

▲ 65% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,031

▲ 114% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 631,136.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 5,368

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 9,946

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 15,805

▲ 35% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 67,285 Gross margin 2022: € 67,285 First fiscal year in the series	€ 47,679 Gross margin 2023: € 47,679 ▼ 29% vs 2022 (€ 67,285) Unfavourable step	€ 66,457 Gross margin 2024: € 66,457 ▲ 39% vs 2023 (€ 47,679) Favourable step	€ 64,906 Gross margin 2025: € 64,906 ▼ 2% vs 2024 (€ 66,457) Unfavourable step	▼ 2%
Profit after taxes	€ 20,135 Profit after taxes 2022: € 20,135 First fiscal year in the series	€ -1,474 Profit after taxes 2023: € -1,474 ▼ € 21,609 vs 2022 (€ 20,135) Unfavourable step	€ 4,075 Profit after taxes 2024: € 4,075 ▲ € 5,549 vs 2023 (€ -1,474) Favourable step	€ 6,737 Profit after taxes 2025: € 6,737 ▲ 65% vs 2024 (€ 4,075) Favourable step	▲ 65%
Equity	€ 641,797 Equity 2022: € 641,797 First fiscal year in the series	€ 640,323 Equity 2023: € 640,323 Unchanged (€ 641,797) Unfavourable step	€ 644,399 Equity 2024: € 644,399 ▲ 1% vs 2023 (€ 640,323) Favourable step	€ 651,136 Equity 2025: € 651,136 ▲ 1% vs 2024 (€ 644,399) Favourable step	▲ 1%
Total debts	€ 518,241 Total debts 2022: € 518,241 First fiscal year in the series	€ 487,746 Total debts 2023: € 487,746 ▼ 6% vs 2022 (€ 518,241) Favourable step	€ 394,551 Total debts 2024: € 394,551 ▼ 19% vs 2023 (€ 487,746) Favourable step	€ 442,099 Total debts 2025: € 442,099 ▲ 12% vs 2024 (€ 394,551) Unfavourable step	▲ 12%
Cash	€ 1,210 Cash 2022: € 1,210 First fiscal year in the series	€ 34,834 Cash 2023: € 34,834 ▲ € 33,624 vs 2022 (€ 1,210) Favourable step	€ 949 Cash 2024: € 949 ▼ 97% vs 2023 (€ 34,834) Unfavourable step	€ 2,031 Cash 2025: € 2,031 ▲ 114% vs 2024 (€ 949) Favourable step	▲ 114%
Land & buildings	€ 481,030 Land & buildings 2022: € 481,030 First fiscal year in the series	€ 494,029 Land & buildings 2023: € 494,029 ▲ 3% vs 2022 (€ 481,030) Unchanged	€ 505,017 Land & buildings 2024: € 505,017 ▲ 2% vs 2023 (€ 494,029) Unchanged	€ 485,564 Land & buildings 2025: € 485,564 ▼ 4% vs 2024 (€ 505,017) Unchanged	▼ 4%
Retained profit	€ 621,797 Retained profit 2022: € 621,797 First fiscal year in the series	€ 620,323 Retained profit 2023: € 620,323 Unchanged (€ 621,797) Unfavourable step	€ 624,399 Retained profit 2024: € 624,399 ▲ 1% vs 2023 (€ 620,323) Favourable step	€ 631,136 Retained profit 2025: € 631,136 ▲ 1% vs 2024 (€ 624,399) Favourable step	▲ 1%
Dividend	€ 102,538 Dividend 2022: € 102,538 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 102,538) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,160,037 Balance sheet total 2022: € 1,160,037 First fiscal year in the series	€ 1,128,069 Balance sheet total 2023: € 1,128,069 ▼ 3% vs 2022 (€ 1,160,037) Unchanged	€ 1,038,950 Balance sheet total 2024: € 1,038,950 ▼ 8% vs 2023 (€ 1,128,069) Unchanged	€ 1,093,236 Balance sheet total 2025: € 1,093,236 ▲ 5% vs 2024 (€ 1,038,950) Unchanged	▲ 5%

Key figures of GEMAD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to GEMAD?

What happened at GEMAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 21, 2026 New annual accounts for financial year 2025: profit of € 6,737 (▲ 65% vs 2024). Source: NBB ↗
Oct 24, 1989 New establishment in Ledegem. KBO
Sep 20, 1989 Start of the company according to the CBE. KBO

In short

From € 20,135 profit in 2022 to € 6,737 profit in 2025.

Paid € 18,595 in corporate taxes since 2022.

Best year ever: 2022, with € 20,135 profit.

Paid out € 102,538 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Paul Vandeputte

Griet Robyn

GEMAD

Stevan Invest NV 0.8%

Behind GEMAD are Paul Vandeputte and Griet Robyn. It owns 0.8% of Stevan Invest NV itself.

Directors

According to the 2025 annual accounts

Paul Vandeputte

Director

Also active at: STEVAN, Rotary BeLux Services, STEVAN INVEST, FRAKAR, STEENBEKE, L.W.Z.

Griet Robyn

Director

Also active at: STEVAN, STEVAN INVEST, STEENBEKE

Establishments

Establishment units

Physical locations of this company

Registered office

Gootstraat 17

8880 Ledegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0438.400.903

VAT number

BE 0438.400.903

Registered office

Gootstraat 17, 8880 Ledegem

Names & denominations

GEMAD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 September 1989

Peppol

Active · Active since 23 May 2025

Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

GEMAD

Financials

What happened to GEMAD?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions