Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEMD from Ieper, company number BE1005265636, closed financial year 2025 with a result of € 66,407 after tax. For that financial year GEMD recorded a gross margin of € 197,497 and equity of € 76,407. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 76,407
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,407
Profit after tax over the fiscal year.
€ 7,876
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 66,407.
People and assets in 2025
€ 8,912
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 40,821
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 969,837
€ 110,873 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 66,165
Supplier invoices still open on the last day of the fiscal year.
€ 25,256
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to GEMD?
What happened at GEMD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,407. filed late Source: NBB ↗
- New establishment in Ieper. KBO
- David Haerynck became a director. NBB
- Debbie Deconinck became a director. NBB
- Start of the company according to the CBE. KBO
In short
Paid € 18,728 in corporate taxes since 2025.
Management
Behind GEMD are David Haerynck and Debbie Deconinck. The same people are also behind B.S.D..
Establishments
Establishment units
Physical locations of this company
Brugstraat 13
8904 Ieper
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
- 1005.265.636
- VAT number
- BE 1005.265.636
- Registered office
- Brugstraat 13, 8904 Ieper
- Names & denominations
- GEMD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2024
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings