Financials
Financial year 2025
GEMIVAR from Vleteren, company number BE0823087560, closed financial year 2025 with a result of € 566,198 after tax. For that financial year GEMIVAR recorded a gross margin of € 618,464 and equity of € 459,110. Compared with financial year 2024, the result moved from € 65,298 to € 566,198. 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 August 31, 2026.
€ 459,110
▲ € 556,198 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 566,198
▲ € 500,900 vs 2024
Profit after tax over the fiscal year.
€ 941,078
▲ € 853,818 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 479
▲ 205% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 108,334
▼ 19% vs 2024
€ 25,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,530
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,156
▲ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 213,527 | € 314,408 | € 160,804 | € 618,464 | ▲ 285% |
| Profit after taxes | € 119,770 | € 200,642 | € 65,298 | € 566,198 | ▲ € 500,900 |
| Equity | € -363,027 | € -162,385 | € -97,088 | € 459,110 | ▲ € 556,198 |
| Total debts | € 1,403,449 | € 1,152,035 | € 1,109,556 | € 517,249 | ▼ 53% |
| Cash | € 2,584 | € 4,118 | € 87,260 | € 941,078 | ▲ € 853,818 |
| Land & buildings | € 706,913 | € 633,640 | € 560,960 | € 0 | ▼ 100% |
| Retained profit | € -763,027 | € -562,385 | € -497,088 | € 59,110 | ▲ € 556,198 |
| Dividend | € 0 | € 0 | € 0 | € 10,000 | |
| Bank debt | € 418,751 | € 158,334 | € 133,334 | € 108,334 | ▼ 19% |
| Balance sheet total | € 1,040,421 | € 989,649 | € 1,012,468 | € 976,359 | ▼ 4% |
Key figures of GEMIVAR, 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 GEMIVAR?
What happened at GEMIVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 566,198 (▲ € 500,900 vs 2024). filed late Source: NBB ↗
- New establishment in Vleteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 119,770 profit in 2022 to € 566,198 profit in 2025.
Paid € 42,516 in corporate taxes since 2022.
Best year ever: 2025, with € 566,198 profit.
Paid out € 10,000 in dividends to the owners in total.
Management
Behind GEMIVAR is Mia Cloet.
Directors
According to the 2025 annual accounts
Mia Cloet
Director
Establishments
Establishment units
Physical locations of this company
Poperingestraat(Woes) 78
8640 Vleteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0823.087.560
- VAT number
- BE 0823.087.560
- Registered office
- Poperingestraat(Woes) 78, 8640 Vleteren
- Names & denominations
- GEMIVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2010
- Peppol
- Active · Active since 8 Aug 2025
- Activities · NACE
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