G&VO

Active

Private limited companyfounded 20233 yrs activeHondsberg 16, 2910 Essen, BelgiumKBO/BCE: BE 0805.284.793

The computed 12-month bankruptcy probability of G&VO is 2.6% (moderate). The 2025 annual accounts show equity of €27k and a net result of €18k. Its solvency ranks better than 24% of 27711 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability87▲+2

Solvency48▼-4

Growth78

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity short (current ratio 0.52 against 0.6 in 2024; short-term debt: 40% and cash: 0% of total assets), and 77.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

22.6%

Return on assets

14.6%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27711 sector peers (2025).

NBB · sector comparison

Position among 27711 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

22 d early

2024

17 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€27k▲ 181%

2024 · €10k

2024: €10k

2024 → 2025

Total assets

€121k▲ 230%

2024 · €37k

2024: €37k

2024 → 2025

Net result

€18k▲ 271%

2024 · €5k

2024: €5k

2024 → 2025

Working capital

€-23k▼ 209%

2024 · €-8k

2024: €-8k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€10k-€27k▲ 181%

Operating result€8k-€24k▲ 206%

Net result€5k-€18k▲ 271%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 206% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €121k

79.2%

20.8%

Fixed assets €96k▲ 280%

Current assets €25k▲ 120%

Equity and liabilities €121k

22.6%

77.4%

Equity €27k▲ 181%

Debt €94k▲ 248%

The debt ratio rises from 73.4% to 77.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€44k▲

2024 · €17k

Cash flow

€38k▲

2024 · €14k

Solvency

22.6%▼

2024 · 26.6%

Current ratio

0.52▼

2024 · 0.60

Quick ratio

0.22▼

2024 · 0.54

Debt / equity

3.42▲

2024 · 2.76

ROE

64.4%▲

2024 · 48.8%

ROA

14.6%▲

2024 · 13.0%

Interest coverage

11.91▲

2024 · 7.75

Debt

€94k▲

2024 · €27k

Debt ≤ 1 year

€49k▲

2024 · €19k

Debt > 1 year

€45k▲

2024 · €8k

Income taxes

€2k▲

2024 · €852

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€37k€121k▲

Fixed assets21/28€25k€96k▲

Tangible fixed assets22/27€25k€96k▲

Plant, machinery and equipment23-€78k

Furniture and vehicles24€25k€18k▼

Current assets29/58€11k€25k▲

Stocks and contracts in progress3€1k€15k▲

Contracts in progress37€1k€15k▲

Amounts receivable within one year40/41€6k€11k▲

Trade receivables40€5k€9k▲

Other amounts receivable41€1k€2k▲

Cash at bank and in hand54/58€4k€0▼

Deferred charges and accrued income490/1€184€126▼

Equity and liabilities

Total equity and liabilities10/49€37k€121k▲

Equity10/15€10k€27k▲

Contributions10/11€5k€5k=

Reserves13€5k€22k▲

Distributable reserves133€5k€22k▲

Amounts payable17/49€27k€94k▲

Amounts payable after more than one year17€8k€45k▲

Financial debts170/4€8k€45k▲

Amounts payable within one year42/48€19k€49k▲

Current portion of amounts payable after more than one year42€10k€20k▲

Financial debts43-€4k

Credit institutions430/8-€4k

Trade debts44€1k€3k▲

Suppliers440/4€1k€3k▲

Taxes, remuneration and social security45€852€7k▲

Taxes450/3€852€4k▲

Remuneration and social security454/9-€2k

Other amounts payable47/48€7k€16k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€20k▲

Other operating charges640/8€627€307▼

Gross operating margin9900€17k€44k▲

Operating profit (loss)9901€8k€24k▲

Financial income75/76B-€1

Recurring financial income75-€1

Financial charges65/66B€2k€4k▲

Recurring financial charges65€2k€4k▲

Profit (loss) for the period before taxes9903€6k€20k▲

Income taxes67/77€852€2k▲

Profit (loss) for the period9904€5k€18k▲

Profit (loss) for the period to be appropriated9905€5k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€5k€18k▲

Transfer to equity691/2€5k€18k▲

To other reserves6921€5k€18k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

09-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

14-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Essen · 1 establishment unit since 2023

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.

Hondsberg 162910 Essen

Ground area

3,517 m²

Building footprint

353 m²

Volume, LiDAR

2,101 m³

Parcel 11016E0804/00F000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

G&VO

Hondsberg 16, 2910 EssenManufacture of electrical equipment

since 20232.348.799.372

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11016E0804/00F000	Flanders	3,517 m²	1 · 353 m²	9.8 m · 2 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

Sint-Niklaas · Eq €27k

VDE Build

BE 0786.511.731

Puurs-Sint-Amands · Eq €27k

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,844 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-08-2023

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

46140Agents in the wholesale of industrial machinery, ships and aircraft

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@genvo.be

Enterprise