G.C.V.
ActiveSummary
G.C.V. has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €47k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+12
Solvency57▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.15 in 2024; short-term debt: 49.9% of total assets), and 67.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.1%
Return on assets
10.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
112 d early
2023
43 d early
2022
5 d early
2021
on the day
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▼ 28.5%
2024 · €207k
2019: €92k
2020: €111k
2021: €150k
2022: €200k
2023: €206k
2024: €207k
2019 → 2025
Total assets
€460k▲ 0.8%
2024 · €456k
2019: €214k
2020: €301k
2021: €439k
2022: €473k
2023: €556k
2024: €456k
2019 → 2025
Net result
€47k▲ 24,210%
2024 · €193
2019: €37k
2020: €19k
2021: €27k
2022: €50k
2023: €6k
2024: €193
2019 → 2025
Working capital
€109k▼ 31.9%
2024 · €161k
2019: €64k
2020: €73k
2021: €99k
2022: €154k
2023: €144k
2024: €161k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€200k▲ 33.0%€206k▲ 3.2%€207k▲ 0.1%€148k▼ 28.5%
Operating result€100k-€73k▼ 27.5%€16k▼ 77.7%€43k▲ 164%€78k▲ 81.2%
Net result€27k-€50k▲ 83.5%€6k▼ 87.0%€193▼ 97.0%€47k▲ 24,210%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 81% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€121k ▼ 22.0%
Current assets
€339k ▲ 12.6%
Equity and liabilities €460k
Equity
€148k ▼ 28.5%
Debt
€312k ▲ 25.1%
Debt's share of the balance-sheet total rises from 54.7% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€112k▲
2024 · €66k
Cash flow
€81k▲
2024 · €23k
Current ratio
1.48▼
2024 · 2.15
Quick ratio
1.31▼
2024 · 1.80
Debt to equity
2.11▲
2024 · 1.21
ROE
31.7%▲
2024 · 0.1%
ROA
10.2%▲
2024 · 0.0%
Interest coverage
17.50▲
2024 · 7.76
Debt ≤ 1 year
€229k▲
2024 · €140k
Debt > 1 year
€83k▼
2024 · €110k
Income taxes
€29k▲
2024 · €3k
Staff costs
€58k▼
2024 · €100k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€456k€460k▲
Fixed assets21/28€156k€121k▼
Tangible fixed assets22/27€156k€121k▼
Land and buildings22€45k€43k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€106k€75k▼
Current assets29/58€301k€339k▲
Amounts receivable after more than one year29€200k€200k=
Other amounts receivable291€200k€200k=
Stocks and contracts in progress3€49k€39k▼
Stocks30/36€23k€18k▼
Contracts in progress37€26k€21k▼
Amounts receivable within one year40/41€39k€84k▲
Trade receivables40€13k€27k▲
Other amounts receivable41€27k€57k▲
Deferred charges and accrued income490/1€13k€16k▲
Equity and liabilities
Total equity and liabilities10/49€456k€460k▲
Equity10/15€207k€148k▼
Contributions10/11€19k€19k=
Reserves13€188k€129k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€188k€129k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€250k€312k▲
Amounts payable after more than one year17€110k€83k▼
Financial debts170/4€110k€83k▼
Amounts payable within one year42/48€140k€229k▲
Current portion of amounts payable after more than one year42€34k€27k▼
Financial debts43€36k€47k▲
Credit institutions430/8€13k€35k▲
Other loans439€23k€13k▼
Trade debts44€58k€44k▼
Suppliers440/4€58k€44k▼
Advances received on contracts in progress46-€628
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€8k€2k▼
Other amounts payable47/48€0€106k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€100k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€34k▲
Other operating charges640/8€8k€12k▲
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€178k€182k▲
Operating profit (loss)9901€43k€78k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€42k€6k▼
Recurring financial charges65€9k€6k▼
Non-recurring financial charges66B€34k€0▼
Profit (loss) for the period before taxes9903€3k€76k▲
Income taxes67/77€3k€29k▲
Profit (loss) for the period9904€193€47k▲
Profit (loss) for the period to be appropriated9905€193€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€193€47k▲
Transfer from equity791/2-€106k
Transfer to equity691/2€193€47k▲
To other reserves6921€193€47k▲
Profit to be distributed694/7-€106k
Return on contributions (dividend)694-€106k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €193 ▼97%
Net result drops to €193, the lowest in the series; recovery starts the following year.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200kEq €206k ▲3.2%
5 profitable years in a row build equity to €206k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €50k ▲83.5%
Net result €50k, the highest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €150kEq €150k ▲35.5%
3 profitable years in a row build equity to €150k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €111k ▲20.9%
2 profitable years in a row build equity to €111k.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
Show earlier events
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 5 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwpoortstraat(PVP) 738600 DiksmuideGround area
846 m²
Building footprint
211 m²
Volume, LiDAR
756 m³
Parcel 38019D0022/00R002, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
G.C.V.
since 20042.137.372.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38019D0022/00R002 | Flanders | 846 m² | 1 · 211 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MATEMI
BE 0501.750.019
Oostende · Eq €147,690
BN Technieken
BE 1003.288.519
Ninove · Eq €147,731
AVITEN
BE 0808.938.626
Zandhoven · Eq €147,741
HVAC
BE 0826.988.940
Sint-Lambrechts-Woluwe · Eq €147,820
BAILLY ENERGY
BE 0803.159.604
Flobecq · Eq €147,529
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,906 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2004
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
27110Manufacture of electrical equipment
43211General electrical installation work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.