Financials
Financial year 2025
GEMF DEVELOPMENT from Waterloo, company number BE0888740823, closed financial year 2025 with a result of € -22,399 after tax. For that financial year GEMF DEVELOPMENT recorded a gross margin of € -16,061 and equity of € 74,628. Compared with financial year 2024, the result moved from € 5,274 to € -22,399. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 74,628
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,399
▼ still € 5,274 profit in 2024
Profit after tax over the fiscal year.
€ 74,514
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 68,428.
People and assets in 2025
€ 1,399
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 953
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 4,173
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,000
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 36,319 | € 17,396 | € -16,061 | ▼ € 33,457 |
| Profit after taxes | € 21,234 | € 5,274 | € -22,399 | ▼ € 27,672 |
| Equity | € 77,192 | € 97,027 | € 74,628 | ▼ 23% |
| Total debts | € 69,520 | € 29,196 | € 12,129 | ▼ 58% |
| Cash | € 86,805 | € 87,554 | € 74,514 | ▼ 15% |
| Retained profit | € 70,992 | € 90,827 | € 68,428 | ▼ 25% |
| Dividend | € 0 | € 5,274 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 1,027 | € 953 | ▼ 7% |
| Balance sheet total | € 146,711 | € 126,222 | € 86,757 | ▼ 31% |
Key figures of GEMF DEVELOPMENT, 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 April 2027.
What happened to GEMF DEVELOPMENT?
What happened at GEMF DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,399 (▼ € 27,672 vs 2024). Source: NBB ↗
- Philippe Possamai became a director. NBB
- Ingrid Van Loocke became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,234 profit in 2022 to € 22,399 loss in 2025.
Paid € 14,421 in corporate taxes since 2022.
Best year ever: 2022, with € 21,234 profit.
Paid out € 5,274 in dividends to the owners in total.
A new publication or filing at GEMF DEVELOPMENT? We notify you, reason included.
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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 GEMF DEVELOPMENT are Philippe Possamai and Ingrid Van Loocke.
Directors
According to the 2025 annual accounts
Philippe Possamai
Director
since 2023
Ingrid Van Loocke
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Avenue de la Galaxie 50
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.740.823
- VAT number
- BE 0888.740.823
- Registered office
- Avenue de la Galaxie 50, 1410 Waterloo
- Names & denominations
- GEMF DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2007
- Peppol
- Active · Active since 1 Nov 2025
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