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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Gemini Research from Antwerpen, company number BE0662583541, closed financial year 2025 with a result of € 25,432 after tax. For that financial year Gemini Research recorded revenue of € 189,600 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 18,354 to € 25,432. 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 September 30, 2026.
€ 1.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,432
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 3,887
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 872,694.
Debts at end 2025
€ 813,902
▼ 11% vs 2024
€ 101,956 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 168
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,274
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 157,200 | € 177,000 | € 184,080 | € 189,600 | ▲ 3% |
| Profit after taxes | € 7,300 | € 7,869 | € 18,354 | € 25,432 | ▲ 39% |
| Equity | € 1,348,846 | € 1,356,715 | € 1,375,070 | € 1,400,502 | ▲ 2% |
| Total debts | € 1,668,566 | € 1,586,467 | € 1,449,318 | € 1,356,974 | ▼ 6% |
| Cash | € 36,827 | € 32,795 | € 6,713 | € 3,887 | ▼ 42% |
| Land & buildings | € 2,867,924 | € 2,905,587 | € 2,815,995 | € 2,726,402 | ▼ 3% |
| Retained profit | € 821,038 | € 828,907 | € 847,261 | € 872,694 | ▲ 3% |
| Bank debt | € 1,108,432 | € 1,012,110 | € 913,944 | € 813,902 | ▼ 11% |
| Balance sheet total | € 3,017,412 | € 2,943,182 | € 2,824,388 | € 2,757,476 | ▼ 2% |
Key figures of Gemini Research, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Gemini Research?
What happened at Gemini Research in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pawan Birla stepped down as director. NBB
- Kumar Surana Rakesh stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,432 (▲ 39% vs 2024). filed late Source: NBB ↗
- Pawan Birla became a director. NBB
- Kumar Surana Rakesh became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,300 profit in 2022 to € 25,432 profit in 2025.
Paid € 7,274 in corporate taxes since 2022.
Best year ever: 2025, with € 25,432 profit.
Pays suppliers within 6 days on average.
A new publication or filing at Gemini Research? We notify you, reason included.
Follow Gemini ResearchDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Pawan Birla
Director
since 2022 · until 2028
Kumar Surana Rakesh
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Waterwilgweg 6
2050 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0662.583.541
- VAT number
- BE 0662.583.541
- Registered office
- Waterwilgweg 6, 2050 Antwerpen
- Names & denominations
- Gemini Research
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2016
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van terreinen