Active · per the CBE, 1 October 2026

GEMA DEVELOPPEMENT

BE0876026596

Rechtspersoon Private limited company 1 establishment

Terkamerenlaan 17, 1000 Brussel

Behind the company: PHILIPPE AUSTRUY.

Active for

21 year

Warning lights

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

  • Busy address KBO

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

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

GEMA DEVELOPPEMENT from Brussel, company number BE0876026596, closed financial year 2024 with a result of € 111,653 after tax. For that financial year GEMA DEVELOPPEMENT recorded a gross margin of € -8,251 and equity of € 146.3 million. Compared with financial year 2023, the result moved from € 111,482 to € 111,653. 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 30, 2025.

What it is worth Growing

€ 146.3 million

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

Profit Growing

€ 111,653

Profit after tax over the fiscal year.

Cash in the bank

€ 69

▲ € 58 vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 19.9 million.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,050

▲ 140% vs 2023

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

Taxes

€ 57,023

▲ 41% 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 € -1,756 € -1,770 € -2,870 € -8,251 ▼ € 5,381
Profit after taxes € -1,924 € 14,431 € 111,482 € 111,653
Equity € 146,041,615 € 146,056,045 € 146,167,528 € 146,279,181
Total debts € 44,521,671 € 45,028,199 € 44,186,299 € 40,018,456 ▼ 9%
Cash € 248 € 489 € 11 € 69 ▲ € 58
Retained profit € 19,661,615 € 19,676,045 € 19,787,528 € 19,899,181 ▲ 1%
Balance sheet total € 190,563,286 € 191,084,244 € 190,353,827 € 186,297,638 ▼ 2%

Key figures of GEMA DEVELOPPEMENT, 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 GEMA DEVELOPPEMENT?

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

  • New annual accounts for financial year 2024: profit of € 111,653. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,924 loss in 2021 to € 111,653 profit in 2024.

Paid € 101,639 in corporate taxes since 2021.

Best year ever: 2024, with € 111,653 profit.

Management

SIS BRASIL LEASURE S. Etr. 0.1%
GEMA DEVELOPPEMENT
SIS IMMO SAS 89.6%

Behind GEMA DEVELOPPEMENT is PHILIPPE AUSTRUY. The shares are held by SOCIETE INDUSTRIELLE DE SERVICES SRL (99.9%) and SIS BRASIL LEASURE S. Etr. (0.1%). It owns 99.9% of NEO GEMA SPRL and 89.6% of SIS IMMO SAS itself.

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Directors

According to the 2024 annual accounts

Shareholders

SIS BRASIL LEASURE S. Etr.

0.1%

Participations

SIS IMMO SAS

89.6%

Establishments

Establishment units

Physical locations of this company

Registered office

Terkamerenlaan 17

1000 Brussel

2.151.315.983

Louizalaan 331-333

1050 Brussel

Active since 26 January 2006

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

Details

Company number
0876.026.596
VAT number
BE 0876.026.596
Registered office
Terkamerenlaan 17, 1000 Brussel
Names & denominations
GEMA DEVELOPPEMENT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
13 September 2005
Peppol
Not registered

Frequently asked questions

What is the address of GEMA DEVELOPPEMENT?
The registered office of GEMA DEVELOPPEMENT is located at Terkamerenlaan 17, 1000 Brussel.
Is GEMA DEVELOPPEMENT still active?
Yes. According to the CBE (1 October 2026) GEMA DEVELOPPEMENT is active, legal situation “Normale toestand”, started on 13 September 2005.
Is GEMA DEVELOPPEMENT registered on Peppol?
No, GEMA DEVELOPPEMENT is currently not registered on the Peppol network.
What is the enterprise number of GEMA DEVELOPPEMENT?
The enterprise number of GEMA DEVELOPPEMENT is BE0876026596.
When was GEMA DEVELOPPEMENT founded?
GEMA DEVELOPPEMENT was founded on 13 September 2005.
Who owns GEMA DEVELOPPEMENT?
Behind GEMA DEVELOPPEMENT is PHILIPPE AUSTRUY. The shares are held by SOCIETE INDUSTRIELLE DE SERVICES SRL (99.9%) and SIS BRASIL LEASURE S. Etr. (0.1%). It owns 99.9% of NEO GEMA SPRL and 89.6% of SIS IMMO SAS itself.