Active · per the CBE, 1 October 2026

GEMILO

BE0461325763

Rechtspersoon Public limited company 1 establishment

GEMILO is a hospitality business in Brugge. Public Limited, started on 20 August 1997, 1 establishment.

Molenmeers 2-4, 8000 Brugge

Behind the company: Louis Van Hecke, Geert Van Hecke.

Active for

29 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 20 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

GEMILO from Brugge, company number BE0461325763, closed financial year 2024 with a result of € 794 after tax. For that financial year GEMILO recorded a gross margin of € 364,971 and equity of € 1 million. Compared with financial year 2023, the result moved from € 74,954 to € 794. The company is profitable. 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 September 30, 2025.

What it is worth Growing

€ 1 million

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

Profit Healthy

€ 794

▼ 99% vs 2023

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 362,950.

People and assets in 2024

Wage cost

€ 212,274

▼ 8% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 17,626

▼ 29% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 368,407

▲ 7% vs 2023

€ 141,042 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 39,596

▼ 73% vs 2023

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

Taxes

€ 8,186

▼ 40% vs 2023

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

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 432,628 € 330,238 € 420,176 € 364,971 ▼ 13%
Profit after taxes € 179,810 € -26,202 € 74,954 € 794 ▼ 99%
Equity € 977,574 € 951,373 € 1,026,327 € 1,027,120
Total debts € 660,022 € 621,965 € 507,595 € 461,189 ▼ 9%
Cash € 92,335 - - -
Land & buildings € 1,420,832 € 1,402,759 € 1,337,268 € 1,254,327 ▼ 6%
Retained profit € 313,404 € 287,203 € 362,157 € 362,950
Bank debt € 409,172 € 415,815 € 345,219 € 368,407 ▲ 7%
Balance sheet total € 1,663,747 € 1,599,488 € 1,548,441 € 1,498,530 ▼ 3%

Key figures of GEMILO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GEMILO?

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

  • New annual accounts for financial year 2024: profit of € 794 (▼ 99% vs 2023). filed late Source: NBB ↗
  • New establishment in Brugge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 179,810 profit in 2021 to € 794 profit in 2024.

Best year ever: 2021, with € 179,810 profit.

Management

Louis Van Hecke Geert Van Hecke
GEMILO

Behind GEMILO are Louis Van Hecke and Geert Van Hecke. Geert Van Hecke is also behind DE KARMELIET.

See the full network in the app

Directors

According to the 2024 annual accounts

Louis Van Hecke

Administrator-manager

Geert Van Hecke

Administrator-manager

Also active at: DE KARMELIET

Establishments

Establishment units

Physical locations of this company

Registered office

Molenmeers 2-4

8000 Brugge

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

Details

Company number
0461.325.763
VAT number
BE 0461.325.763
Registered office
Molenmeers 2-4, 8000 Brugge
Names & denominations
GEMILO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
20 August 1997
Peppol
Active · Active since 15 Feb 2024
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Hotels en dergelijke accommodatie

Hotels en motels, met restaurant

Eetgelegenheden met volledige bediening

Frequently asked questions

What does GEMILO do?
GEMILO is a hospitality business in Brugge. Public Limited, started on 20 August 1997, 1 establishment.
What is the address of GEMILO?
The registered office of GEMILO is located at Molenmeers 2-4, 8000 Brugge.
Is GEMILO still active?
Yes. According to the CBE (1 October 2026) GEMILO is active, legal situation “Normale toestand”, started on 20 August 1997.
Is GEMILO registered on Peppol?
Yes, GEMILO is registered on the Peppol network with ID 0208:0461325763.
What is the enterprise number of GEMILO?
The enterprise number of GEMILO is BE0461325763.
When was GEMILO founded?
GEMILO was founded on 20 August 1997.