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G.D.V.A.

Active
Coöperatieve vennootschap met onbeperkte aansprakelijkheidfounded 2003active for 23 yearsRue du Président Wilson 21, 6031 Charleroi, BelgiumKBO/BCE: BE 0860.838.574
Summary

The computed 12-month bankruptcy probability of G.D.V.A. is 2.9% (moderate). The 2024 annual accounts show negative equity (-€71,129) and a net result of €7,098. Equity is shrinking by about 9.4% per year across the filed financial years. Its solvency ranks better than 5% of 18,960 sector peers (NACE 56, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
2 sites
Size
€11,895total assets 2024
Equity
-€71,129
Profit
€7,098
Turnover not published (micro format)
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 70 days overdue0 of 4 deeds read
Why 51raises risk1 financial year not filed after the legal deadline; latest accounts 129 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)lowers riskFounded in 2003Liquidity: current ratio 0.13, cash €2,459Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -598.0% of total assets
Liquidity 26+7
short-term debt 698.0% · cash 20.7%
Profitability 100=
return on assets 59.7%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 3.8% 12-2024: 3.8%● unchanged vs 11-2024 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 1.8%▼ -2.0 percentage points vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025lowest value 04-2025: 2.1%▲ +0.3 percentage points vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 2.6%▲ +0.5 percentage points vs 07-2025 09-2025: 2.9%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 3.0%▲ +0.1 percentage points vs 10-2025 12-2025: 3.9%▲ +0.9 percentage points vs 11-2025highest value 01-2026: 2.6%▼ -1.3 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.5%▼ -0.1 percentage points vs 04-2026 06-2026: 2.4%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +0.2 percentage points vs 07-2026 09-2026: 3.0%▲ +0.3 percentage points vs 08-2026 10-2026: 2.9%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.13, compared with 0.06 in 2023; short-term debt: 698% and cash: 20.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 21% on liquidity, 93% on profitability and 55% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk
lowers risk · Founded in 2003
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 129 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 0.13, cash €2,459
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 18960 sector peers (2024).
NBB · sector comparison
Position among 18960 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-12-2025, 129 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
129 days late
2023
57 days late
2022
68 days late
2021
75 days late
2020
31 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 80 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2018 to 2024net €7,098 ▲42.6%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€71,129 View
  • Caution: Among the weakest 5% on solvencysector median 29.1% · 18,960 companies -598.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View

By topic

Financials

Financial year
2024
Total assets
€11,895
Profit
€7,098
Solvency
-598.0%
Total assets▲ 71.4%
Net result
20182024
Go to Financials

Timeline

Events
24
Since
2005
  1. 07-10-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 14-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Coöperatieve vennootschap met onbeperkte aansprakelijkheid
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
02-10-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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