Financials
Financial year 2025
GEM AEROSPACE from Elsene, company number BE0843699466, closed financial year 2025 with a result of € 264,482 after tax. For that financial year GEM AEROSPACE recorded a gross margin of € 395,770 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 199,288 to € 264,482. 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 January 29, 2026.
€ 1.5 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 264,482
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 62,062 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 22,132
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,110
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 127,393
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,548
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 243,072 | € 251,654 | € 294,060 | € 395,770 | ▲ 35% |
| Profit after taxes | € 177,971 | € 171,408 | € 199,288 | € 264,482 | ▲ 33% |
| Equity | € 1,182,055 | € 1,161,092 | € 1,251,339 | € 1,453,759 | ▲ 16% |
| Total debts | € 431,824 | € 243,469 | € 236,925 | € 231,373 | ▼ 2% |
| Cash | € 733,336 | € 1,059,091 | € 984,752 | € 1,195,364 | ▲ 21% |
| Retained profit | € 1,169,655 | € 1,142,492 | € 1,232,739 | € 1,435,159 | ▲ 16% |
| Dividend | € 223,000 | € 198,571 | € 109,041 | € 62,062 | ▼ 43% |
| Bank debt | € 20,806 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,613,879 | € 1,404,561 | € 1,488,264 | € 1,685,133 | ▲ 13% |
| Employees (FTE) | - | - | - | 0.3 |
Key figures of GEM AEROSPACE, 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 January 2027.
What happened to GEM AEROSPACE?
What happened at GEM AEROSPACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 264,482 (▲ 33% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 177,971 profit in 2022 to € 264,482 profit in 2025.
Paid € 343,462 in corporate taxes since 2022.
Best year ever: 2025, with € 264,482 profit.
Paid out € 592,674 in dividends to the owners in total.
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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
Behind GEM AEROSPACE is Michael MORRICA.
Directors
According to the 2025 annual accounts
Michael MORRICA
Director
Establishments
Establishment units
Physical locations of this company
Amerikaanse straat 62
1050 Elsene
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
- 0843.699.466
- VAT number
- BE 0843.699.466
- Registered office
- Amerikaanse straat 62, 1050 Elsene
- Names & denominations
- GEM AEROSPACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2012
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Arbeidsbemiddeling
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Andere vormen van arbeidsbemiddeling