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G & V

Active
Private limited companyfounded 199630 yrs activeSint-Dionysiusstraat 40, 9051 Gent, BelgiumKBO/BCE: BE 0457.530.489

G & V has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €224k. Equity is shrinking by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 7% of 2916 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
45 / 100
Fair▼ -11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency10▼-6
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.0 in 2023), and 97.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 2916 sector peers (2024).
NBB · sector comparison
Position among 2916 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
14 d early
2022
32 d late
2021
44 d early
2020
36 d early
2019
49 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€20k▼ 54.6%
2023 · €43k
2018: €207k 2020: €57k 2021: €58k 2022: €41k 2023: €43k
2018 → 2024
Total assets
€726k▲ 18.6%
2023 · €612k
2018: €536k 2020: €443k 2021: €375k 2022: €372k 2023: €612k
2018 → 2024
Net result
€224k▼ 9.5%
2023 · €248k
2018: €161k 2020: €206k 2021: €216k 2022: €120k 2023: €248k
2018 → 2024
Working capital
€-73k▼ 2,620%
2023 · €-3k
2018: €124k 2020: €77k 2021: €2k 2022: €3k 2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€57k-€58k▲ 1.4%€41k▼ 29.5%€43k▲ 6.1%€20k▼ 54.6%
Operating result€272k-€280k▲ 3.1%€170k▼ 39.4%€349k▲ 105%€312k▼ 10.6%
Net result€206k-€216k▲ 4.9%€120k▼ 44.3%€248k▲ 106%€224k▼ 9.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €272k€272kNet result 2020: €206k€206kOperating result 2021: €280k€280kNet result 2021: €216k€216kOperating result 2022: €170k€170kNet result 2022: €120k€120kOperating result 2023: €349k€349kNet result 2023: €248k€248kOperating result 2024: €312k€312kNet result 2024: €224k€224k20202021202220232024
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €726k
Fixed assets €102k▲ 98.8%
Current assets €624k▲ 11.3%
Equity and liabilities €726k
Equity €20k▼ 54.6%
Debt €706k▲ 24.2%
The debt ratio rises from 92.9% to 97.3%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€328k
2023 · €368k
Cash flow
€240k
2023 · €267k
Solvency
2.7%
2023 · 7.1%
Current ratio
0.90
2023 · 1.00
Quick ratio
0.90
2023 · 1.00
Debt / equity
36.03
2023 · 13.16
ROA
30.8%
2023 · 40.4%
Interest coverage
55.83
2023 · 116.83
Debt
€706k
2023 · €569k
Debt ≤ 1 year
€696k
2023 · €563k
Debt > 1 year
€8k
2023 · €6k
Income taxes
€85k
2023 · €99k
Staff costs
€576k
2023 · €470k
A ratio outside any meaningful range has been withheld (balance sheet total €726k, equity €20k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€612k€726k
Fixed assets21/28€52k€102k
Tangible fixed assets22/27€40k€91k
Furniture and vehicles24€40k€91k
Financial fixed assets28€12k€12k=
Current assets29/58€560k€624k
Amounts receivable within one year40/41€428k€525k
Trade receivables40€296k€384k
Other amounts receivable41€132k€141k
Current investments50/53€101k€26k
Cash at bank and in hand54/58€13k€59k
Deferred charges and accrued income490/1€19k€14k
Equity and liabilities
Total equity and liabilities10/49€612k€726k
Equity10/15€43k€20k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€25k€1k
Amounts payable17/49€569k€706k
Amounts payable after more than one year17€6k€8k
Financial debts170/4€6k€8k
Amounts payable within one year42/48€563k€696k
Current portion of amounts payable after more than one year42€5k€137k
Financial debts43€50k€50k=
Other loans439€50k€50k=
Trade debts44€56k€111k
Suppliers440/4€56k€111k
Advances received on contracts in progress46-€623
Taxes, remuneration and social security45€207k€150k
Taxes450/3€146k€69k
Remuneration and social security454/9€61k€81k
Other amounts payable47/48€245k€248k
Accrued charges and deferred income492/3-€2k
Income statement Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€470k€576k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€16k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€40k
Other operating charges640/8€1k€3k
Gross operating margin9900€839k€947k
Operating profit (loss)9901€349k€312k
Financial income75/76B€1k€3k
Recurring financial income75€1k€3k
Financial charges65/66B€3k€6k
Recurring financial charges65€3k€6k
Profit (loss) for the period before taxes9903€347k€309k
Income taxes67/77€99k€85k
Profit (loss) for the period9904€248k€224k
Profit (loss) for the period to be appropriated9905€248k€224k
Appropriation of the result
Profit (loss) to be appropriated9906€270k€249k
Profit (loss) brought forward from the previous period14P€22k€25k
Profit to be distributed694/7€245k€248k
Return on contributions (dividend)694€225k€225k=
Employees696€20k€23k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
31-08
State Gazette act Incorporation · Founder
Founding capital · Bank account
17-07
State Gazette act Incorporation · Founder
Corporate purpose · Founding capital
03-07
State Gazette act General meeting · Net-asset statement
Dissolution · Liquidation · Lieven Demolder
27-03
State Gazette act General meeting · Net-asset statement
Dissolution · Liquidation closure · Lieven Demolder
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €248k ▲106%
Operating result €349k, net result €248k, both a record.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Weakest financial yearnet €120k ▼44.3%
Net result drops to €120k, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2022
Matthias Van Damme
Director · since 01-12-2022
Current
01-12-2022 Appointed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1996
establishment The establishment unit on the map
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.

Sint-Dionysiusstraat 409051 Gent
Ground area
1,132 m²
Building footprint
531 m²
Volume, LiDAR
3,257 m³
Parcel 44062B0010/00S007, Flanders · tallest building 13.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
G&V bvba
Sint-Dionysiusstraat 40, 9051 GentNACE 74121
since 19962.180.686.593
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062B0010/00S007 Flanders 1,132 m² 1 · 531 m² 13.2 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.

Structure & network

Group per the LEI register

1 parent company
Parent company:Goeme J.
BE 0442.764.814Gent, Belgium · LEI lapsed

Public money · subsidies and aid

Flemish government

2022 to 2023 · 4 entries · 5,329 EUR awarded · 5,329 EUR paid
Year Entries awardedpaid
2023 2 4,020 EUR4,020 EUR
2022 2 1,309 EUR1,309 EUR
Schemes
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
2 entries · 4,250 EUR · 4,250 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,079 EUR · 1,079 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

25490088D91W8SU86591
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 4,365 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-03-1996
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:info@genv.be
Establishment Gent 2.180.686.593
Phone:09/242.90.40
Establishment Gent 2.180.686.593
Fax:09/242.90.49
Establishment Gent 2.180.686.593