G.V.E.
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-03-2026 PDF all 21 filings
Turnover
≈ €75,000
Estimated: probably between €44,000 and €150,000
Total assets
€5,490▼ 16.6%
2024 · €6,581
Net result
€4,666▼ 41.0%
2024 · €7,903
Working capital
-€8,914▲ 34.4%
2024 · -€13,580
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result for 2025 is 46% lower than in 2024.
Operating result€4,991
2025
Net result€4,666
2025
Total assets€5,490
2025
Equity-€5,804
2025
Debt€11,294
2025
Working capital-€8,914
2025
Return on assets (ROA)85.0%
2025
Solvency-105.7%
2025
Current ratio0.21
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920212022202320242025
Operating result€8,329-€1,723-€9,462▲ 449%-€5,789€9,183€4,991▼ 45.7%
Net result-€642-€7,497within the sector's middle half-€8,834within the sector's middle half▲ 17.8%-€6,284below the sector's middle half€7,903within the sector's middle half€4,666within the sector's middle half▼ 41.0%
Equity€1,482--€20,923below the sector's middle half--€12,089below the sector's middle half▲ 42.2%-€18,373below the sector's middle half▼ 52.0%-€10,470below the sector's middle half▲ 43.0%-€5,804below the sector's middle half▲ 44.6%
Total assets€8,480-€9,063below the sector's middle half-€6,995below the sector's middle half▼ 22.8%€5,125below the sector's middle half▼ 26.7%€6,581below the sector's middle half▲ 28.4%€5,490below the sector's middle half▼ 16.6%
Debt€6,998-€29,986-€19,084▼ 36.4%€23,498▲ 23.1%€17,051▼ 27.4%€11,294▼ 33.8%
Working capital-€1,628--€24,033below the sector's middle half--€16,747below the sector's middle half▲ 30.3%-€21,989below the sector's middle half▼ 31.3%-€13,580below the sector's middle half▲ 38.2%-€8,914below the sector's middle half▲ 34.4%
Solvency17.5%--230.9%below the sector's middle half--172.8%below the sector's middle half▲ 58.1pp-358.5%below the sector's middle half▼ 185.7pp-159.1%below the sector's middle half▲ 199.4pp-105.7%below the sector's middle half▲ 53.4pp
Current ratio0.77-0.20below the sector's middle half-0.12below the sector's middle half▼ 0.080.06below the sector's middle half▼ 0.060.20below the sector's middle half▲ 0.140.21below the sector's middle half▲ 0.01
Return on assets (ROA)-7.6%-82.7%above the sector's middle half-126.3%above the sector's middle half▲ 43.6pp-122.6%below the sector's middle half▼ 248.9pp120.1%above the sector's middle half▲ 242.7pp85.0%above the sector's middle half▼ 35.1pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,490
Fixed assets
€3,110 =
Current assets
€2,380 ▼ 31.4%
Equity and liabilities
Equity-€5,804
Debt€11,294
Equity is negative. Debt (€11,294) exceeds the balance-sheet total (€5,490).
Key figures and ratios
Debt ≤ 1 year
€11,294▼
2024 · €17,051
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,085 | - | - | - |
| Depreciation and write-downs of the year | - | €537 | €1,043 | €506 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as G.V.E.: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €2,950 and €14,200, founded between 1996 and 2014.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| G.V.E. Antwerpen | 2003 | €5,490 | -€5,804 | €7,477 | €4,666 | 2025 |
| AC&B Technics Wommelgem | 1999 | €4,961 | -€38,499 | €3,026 | €2,000 | 2025 |
| MDM DECOR Orp-Jauche | 1996 | €2,946 | -€28,318 | €5,095 | €2,665 | 2025 |
| Ets MANY FRERES Perwez | 1999 | €11,269 | €6,119 | €10,699 | €8,752 | 2024 |
| MARTENS EN CO Zele | 2011 | €14,191 | -€16,178 | €6,555 | -€2,790 | 2025 |
| BORREMANS Heusden-Zolder | 2003 | €12,920 | €4,032 | €18,362 | €15,998 | 2025 |
| SCONSTRUCT Asse | 2014 | €12,165 | €11,965 | €8,545 | €7,763 | 2025 |
They were chosen from the 2,275 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €537 | €1,043 | €506 | - | - |
| Other operating charges640/8 | - | €2,948 | €1,940 | €3,114 | €792 | €2,487 | ▲ 214% |
| Gross operating margin9900 | €8,989 | €4,671 | €11,939 | -€1,632 | €10,481 | €7,477 | ▼ 28.7% |
| Operating profit (loss)9901 | €8,329 | €1,723 | €9,462 | -€5,789 | €9,183 | €4,991 | ▼ 45.7% |
| Financial income75/76B | - | €583 | - | - | - | €16 | - |
| Recurring financial income75 | - | €583 | - | - | - | €16 | - |
| Financial charges65/66B | - | €1,457 | €627 | €496 | €1,110 | €340 | ▼ 69.3% |
| Recurring financial charges65 | €1,787 | €1,457 | €627 | €496 | €1,110 | €340 | ▼ 69.3% |
| Profit (loss) for the period before taxes9903 | €6,542 | €848 | €8,834 | -€6,284 | €8,074 | €4,666 | ▼ 42.2% |
| Income taxes67/77 | €7,184 | -€6,648 | - | - | €171 | - | - |
| Profit (loss) for the period9904 | -€642 | €7,497 | €8,834 | -€6,284 | €7,903 | €4,666 | ▼ 41.0% |
| Profit (loss) for the period to be appropriated9905 | -€642 | €7,497 | €8,834 | -€6,284 | €7,903 | €4,666 | ▼ 41.0% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €8,480 | €9,063 | €6,995 | €5,125 | €6,581 | €5,490 | ▼ 16.6% |
| Fixed assets21/28 | €3,110 | €3,110 | €4,658 | €3,616 | €3,110 | €3,110 | = |
| Tangible fixed assets22/27 | - | - | €1,548 | €506 | - | - | - |
| Furniture and vehicles24 | - | - | €1,548 | €506 | - | - | - |
| Financial fixed assets28 | €3,110 | €3,110 | €3,110 | €3,110 | €3,110 | €3,110 | = |
| Current assets29/58 | €5,370 | €5,953 | €2,337 | €1,509 | €3,471 | €2,380 | ▼ 31.4% |
| Amounts receivable within one year40/41 | €5,321 | €2,876 | €2,296 | €190 | €2,072 | €1,692 | ▼ 18.3% |
| Trade receivables40 | - | €1,929 | €1,770 | - | €217 | €411 | ▲ 89.3% |
| Other amounts receivable41 | - | €946 | €526 | €190 | €1,855 | €1,281 | ▼ 30.9% |
| Cash at bank and in hand54/58 | €49 | €2,559 | - | €1,274 | €1,351 | €639 | ▼ 52.7% |
| Deferred charges and accrued income490/1 | - | €518 | €42 | €45 | €48 | €49 | ▲ 3.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €8,480 | €9,063 | €6,995 | €5,125 | €6,581 | €5,490 | ▼ 16.6% |
| Equity10/15 | €1,482 | -€20,923 | -€12,089 | -€18,373 | -€10,470 | -€5,804 | ▲ 44.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - | - |
| Contributions outside capital11 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €13 | €13 | €13 | €13 | €13 | €13 | = |
| Non-distributable reserves130/1 | - | €13 | €13 | €13 | €13 | €13 | = |
| Legal reserve130 | - | €13 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €13 | €13 | €13 | €13 | = |
| Profit (loss) carried forward14 | -€17,131 | -€39,536 | -€30,702 | -€36,987 | -€29,084 | -€24,417 | ▲ 16.0% |
| Amounts payable17/49 | €6,998 | €29,986 | €19,084 | €23,498 | €17,051 | €11,294 | ▼ 33.8% |
| Amounts payable within one year42/48 | €6,998 | €29,986 | €19,084 | €23,498 | €17,051 | €11,294 | ▼ 33.8% |
| Financial debts43 | - | - | €109 | - | - | - | - |
| Credit institutions430/8 | - | - | €109 | - | - | - | - |
| Trade debts44 | €3,713 | €5,885 | €1,020 | €4,157 | - | €1,881 | - |
| Suppliers440/4 | - | €5,885 | €1,020 | €4,157 | - | €1,881 | - |
| Advances received on contracts in progress46 | - | - | - | €3,123 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €107 | €107 | €551 | €171 | ▼ 69.0% |
| Taxes450/3 | - | - | €107 | €107 | €551 | €171 | ▼ 69.0% |
| Other amounts payable47/48 | - | €24,100 | €17,848 | €16,111 | €16,500 | €9,243 | ▼ 44.0% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€642 | €7,497 | €8,834 | -€6,284 | €7,903 | €4,666 | ▼ 41.0% |
| + Depreciation and write-downs630 | - | - | €537 | €1,043 | €506 | - | - |
| Operating cash flow (approximation) | -€642 | €7,497 | €9,371 | -€5,242 | €8,408 | €4,666 | ▼ 44.5% |
| Investment in fixed assets (approximation) | - | - | -€2,085 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | - | €77 | -€712 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 18-03-2026 | 2026-00058242 | |
| 30-09-2024 | micro format | 28-08-2025 | 2025-00447239 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00084485 | |
| 30-09-2022 | micro format | 29-03-2023 | 2023-00054989 | |
| 30-09-2021 | micro format | 16-06-2022 | 2022-20071853 | |
| 30-09-2019 | micro format | 10-06-2020 | 2020-15800491 | |
| 30-09-2018 | micro format | 02-05-2019 | 2019-12400182 | |
| 30-09-2017 | micro format | 24-01-2019 | 2019-02300558 | |
| 30-09-2016 | abbreviated format | 17-03-2017 | 2017-06600249 | |
| 30-09-2015 | abbreviated format | 29-03-2016 | 2016-08100351 |