What does GEM ONE do?

GEM ONE is an IT company in Waregem. Public Limited, started on 12 July 2019, 3 establishments.

What is the address of GEM ONE?

The registered office of GEM ONE is located at Brabantstraat 15, 8790 Waregem.

Is GEM ONE still active?

Yes. According to the CBE (29 October 2026) GEM ONE is active, legal situation “Normale toestand”, started on 12 July 2019.

Is GEM ONE registered on Peppol?

Yes, GEM ONE is registered on the Peppol network with ID 0208:0730663386.

What is the enterprise number of GEM ONE?

The enterprise number of GEM ONE is BE0730663386.

When was GEM ONE founded?

GEM ONE was founded on 12 July 2019.

Who are the directors of GEM ONE?

According to the 2025 annual accounts, the directors of GEM ONE are: Ellima, LTNJ BV, Silex BV, Intervinco BV, PGB Consult BV.

Is GEM ONE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 July 2019; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 3 establishments in the CBE.

How much profit did GEM ONE make in 2025?

GEM ONE recorded a loss after taxes of € 1,675,855 in financial year 2025.

What is the revenue of GEM ONE?

In its most recent annual accounts (2025), GEM ONE reported revenue of € 7,116,599.

How much does an employee at GEM ONE earn?

The average wage cost per full-time employee at GEM ONE was € 126,000 in 2025: staff costs of € 3 million for 23.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GEM ONE have?

According to the 2025 annual accounts, GEM ONE has 23.6 full-time equivalents (FTE).

GEM ONE (Public Limited) - Waregem - BE0730663386

Dossier GEM ONE, printed on 29 October 2026 from databakkes.be/en/0730663386/gem-one. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 61 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

16 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GEM ONE from Waregem, company number BE0730663386, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year GEM ONE recorded revenue of € 7.1 million and equity of € 757,622. Compared with financial year 2024, the result moved from € 77,328 to € -1.7 million. The company made a loss. The buffer shrank hard: equity is 69 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Shrank hard

€ 757,622

▼ 69% vs 2024

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

Loss Caution

€ -1.7 million

▼ still € 77,328 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 0

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3.2 million.

People and assets in 2025

Full-time equivalents

23.6

▲ 2.5 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3 million

▲ 33% vs 2024

€ 126,000 per full-time equivalent. 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

€ 65,020

▼ 33% vs 2024

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

€ 1.1 million

▲ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.

Taxes and wages

€ 568,249

▲ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 4,047,018 Revenue 2022: € 4,047,018 First fiscal year in the series	€ 5,991,586 Revenue 2023: € 5,991,586 ▲ 48% vs 2022 (€ 4,047,018) Favourable step	€ 5,939,862 Revenue 2024: € 5,939,862 ▼ 1% vs 2023 (€ 5,991,586) Unfavourable step	€ 7,116,599 Revenue 2025: € 7,116,599 ▲ 20% vs 2024 (€ 5,939,862) Favourable step	▲ 20%
Profit after taxes	€ -3,831,844 Profit after taxes 2022: € -3,831,844 First fiscal year in the series	€ 5,358,619 Profit after taxes 2023: € 5,358,619 ▲ € 9.2 million vs 2022 (€ -3,831,844) Favourable step	€ 77,328 Profit after taxes 2024: € 77,328 ▼ 99% vs 2023 (€ 5,358,619) Unfavourable step	€ -1,675,855 Profit after taxes 2025: € -1,675,855 ▼ € 1.8 million vs 2024 (€ 77,328) Unfavourable step	▼ € 1.8 million
Equity	€ -10,002,470 Equity 2022: € -10,002,470 First fiscal year in the series	€ 2,356,149 Equity 2023: € 2,356,149 ▲ € 12.4 million vs 2022 (€ -10,002,470) Favourable step	€ 2,433,477 Equity 2024: € 2,433,477 ▲ 3% vs 2023 (€ 2,356,149) Favourable step	€ 757,622 Equity 2025: € 757,622 ▼ 69% vs 2024 (€ 2,433,477) Unfavourable step	▼ 69%
Total debts	€ 14,855,579 Total debts 2022: € 14,855,579 First fiscal year in the series	€ 1,866,938 Total debts 2023: € 1,866,938 ▼ 87% vs 2022 (€ 14,855,579) Favourable step	€ 1,908,294 Total debts 2024: € 1,908,294 ▲ 2% vs 2023 (€ 1,866,938) Unfavourable step	€ 3,116,818 Total debts 2025: € 3,116,818 ▲ 63% vs 2024 (€ 1,908,294) Unfavourable step	▲ 63%
Retained profit	€ -10,063,970 Retained profit 2022: € -10,063,970 First fiscal year in the series	€ -1,642,351 Retained profit 2023: € -1,642,351 ▲ € 8.4 million vs 2022 (€ -10,063,970) Favourable step	€ -1,565,023 Retained profit 2024: € -1,565,023 ▲ € 77,329 vs 2023 (€ -1,642,351) Favourable step	€ -3,240,878 Retained profit 2025: € -3,240,878 ▼ € 1.7 million vs 2024 (€ -1,565,023) Unfavourable step	▼ € 1.7 million
Bank debt	€ 2,000,000 Bank debt 2022: € 2,000,000 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 2,000,000) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 4,853,109 Balance sheet total 2022: € 4,853,109 First fiscal year in the series	€ 4,223,086 Balance sheet total 2023: € 4,223,086 ▼ 13% vs 2022 (€ 4,853,109) Unchanged	€ 4,341,772 Balance sheet total 2024: € 4,341,772 ▲ 3% vs 2023 (€ 4,223,086) Unchanged	€ 3,874,440 Balance sheet total 2025: € 3,874,440 ▼ 11% vs 2024 (€ 4,341,772) Unchanged	▼ 11%
Employees (FTE)	23 Employees (FTE) 2022: 23 First fiscal year in the series	21.6 Employees (FTE) 2023: 21.6 ▼ 1.4 vs 2022 (23) Unchanged	21.1 Employees (FTE) 2024: 21.1 ▼ 0.5 vs 2023 (21.6) Unchanged	23.6 Employees (FTE) 2025: 23.6 ▲ 2.5 vs 2024 (21.1) Unchanged	▲ 2.5

Key figures of GEM ONE, 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 GEM ONE?

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

2031 Intervinco BV stepped down as director. NBB
2031 PGB Consult BV stepped down as director. NBB
2030 LTNJ BV stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 1.8 million vs 2024). Source: NBB ↗
2025 Silex BV stepped down as director. NBB
2025 PGB Consult BV became a director. NBB
Apr 1, 2025 New establishment in Waregem. KBO
2025 Intervinco BV became a director. NBB

In short

From € 3.8 million loss in 2022 to € 1.7 million loss in 2025.

Paid € 389,987 in corporate taxes since 2022.

Best year ever: 2023, with € 5.4 million profit.

Pays suppliers within 72 days on average.

Original PDFs at the National Bank ↗

Management

TVH Parts NV 100%

GEM ONE

The shares are held by TVH Parts NV (100%).

Directors

According to the 2025 annual accounts

Ellima

Director · represented by Mark Oosterlinck

Also active at: TVH PARTS, FREMATO GROUP, BEPCO PARTS, Battery Supplies, TVH Parts Holding, BATTERIMMO

since 2019 · until 2025

LTNJ BV

Director · represented by Justine Lootens

since 2024 · until 2030

Silex BV

Director · represented by Dominiek Valcke

Also active at: TVH PARTS, FREMATO GROUP, BEPCO PARTS, Battery Supplies, TVH GLOBAL SERVICES, TVH Parts Holding, BATTERIMMO

since 2025 · until 2025

Intervinco BV

Director · represented by Carine Van Landschoot

Also active at: TVH PARTS, FREMATO GROUP, BEPCO PARTS, Battery Supplies, TVH GLOBAL SERVICES, TVH Parts Holding, BATTERIMMO

since 2025 · until 2031

PGB Consult BV

Director · represented by Jasper Bruyneel

Also active at: TVH Parts Holding

since 2025 · until 2031

Shareholders

TVH Parts NV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Brabantstraat 15

8790 Waregem

2.291.673.795

Spinnerijstraat(Kor) 99 box 23

8500 Kortrijk

Active since 12 July 2019

2.389.255.005

Vichtseweg 129

8790 Waregem

Active since 1 April 2025

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.

All companies at this address →

TVH PARTS same network

€ 825.1 million revenue · 2025

FREMATO GROUP same network

€ 34 million revenue · 2025

MIDEX INTERNATIONAL

€ 118,004 gross margin · 2025

BERAN MANAGEMENT

€ 98,637 gross margin · 2025

Hano

+11 more

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

Details

Company number

0730.663.386

VAT number

BE 0730.663.386

Registered office

Brabantstraat 15, 8790 Waregem

Names & denominations

GEM ONE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 July 2019

Peppol

Active · Active since 20 Nov 2020

Contact

056434211

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

GEM ONE

Warning lights

Financials

What happened to GEM ONE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions