Gauvain
ActiveSummary
Gauvain has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49,168 and a net result of -€706. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 61% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-46
Solvency70▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.73 in 2023; short-term debt: 54.9% and cash: 8.8% of total assets), and 54.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.1%
Return on assets
-0.6%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
62 d late
2022
150 d late
2021
177 d late
2020
542 d late
2019
475 d 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 244 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€706
2023 · €7,525
Working capital
-€17,227▲ 15.4%
2023 · -€20,360
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€13,377€26,920€22,169▼ 17.6%€49,618▲ 124%€845▼ 98.3%
Net result-€19,619below the sector's middle half€19,041within the sector's middle half-€1,844within the sector's middle half€7,525within the sector's middle half-€706within the sector's middle half
Equity€25,153within the sector's middle half▼ 43.8%€44,193within the sector's middle half▲ 75.7%€42,349within the sector's middle half▼ 4.2%€49,874within the sector's middle half▲ 17.8%€49,168within the sector's middle half▼ 1.4%
Total assets€188,073within the sector's middle half▼ 18.9%€197,650within the sector's middle half▲ 5.1%€196,180within the sector's middle half▼ 0.7%€124,947below the sector's middle half▼ 36.3%€109,050below the sector's middle half▼ 12.7%
Debt€162,920▼ 13.0%€153,457▼ 5.8%€153,831▲ 0.2%€75,073▼ 51.2%€59,881▼ 20.2%
Working capital-€56,147within the sector's middle half▼ 64.5%-€37,540within the sector's middle half▲ 33.1%-€40,701within the sector's middle half▼ 8.4%-€20,360within the sector's middle half▲ 50.0%-€17,227within the sector's middle half▲ 15.4%
Solvency13.4%within the sector's middle half▼ 5.9pp22.4%within the sector's middle half▲ 9.0pp21.6%within the sector's middle half▼ 0.8pp39.9%within the sector's middle half▲ 18.3pp45.1%within the sector's middle half▲ 5.2pp
Current ratio0.28below the sector's middle half▼ 0.360.51within the sector's middle half▲ 0.220.52within the sector's middle half▲ 0.010.73within the sector's middle half▲ 0.210.71within the sector's middle half▼ 0.02
Return on assets (ROA)-10.4%below the sector's middle half▼ 20.4pp9.6%above the sector's middle half▲ 20.1pp-0.9%within the sector's middle half▼ 10.6pp6.0%within the sector's middle half▲ 7.0pp-0.6%within the sector's middle half▼ 6.7pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 98% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109,050
Fixed assets
€66,396 ▼ 5.5%
Current assets
€42,654 ▼ 22.0%
Equity and liabilities €109,050
Equity
€49,168 ▼ 1.4%
Debt
€59,881 ▼ 20.2%
Debt's share of the balance-sheet total falls from 60.1% to 54.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,684▼
2023 · €51,008
Cash flow
€3,133▼
2023 · €8,915
Debt to equity
1.22▼
2023 · 1.51
ROE
-1.4%▼
2023 · 15.1%
Interest coverage
1.48▼
2023 · 10.42
Debt ≤ 1 year
€59,881▼
2023 · €75,073
Income taxes
-€877▼
2023 · €38,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €49,496 | - | - |
| Remuneration, social security and pensions62 | €8,475 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,127 | €6,732 | €6,034 | €1,390 | €3,839 | ▲ 176% |
| Other operating charges640/8 | €632 | €2,090 | €624 | €6,677 | €2,343 | ▼ 64.9% |
| Non-recurring operating charges66A | - | - | - | €2,488 | - | - |
| Gross operating margin9900 | €2,857 | €35,743 | €28,827 | €60,174 | €7,027 | ▼ 88.3% |
| Operating profit (loss)9901 | -€13,377 | €26,920 | €22,169 | €49,618 | €845 | ▼ 98.3% |
| Financial income75/76B | - | - | €802 | €811 | €740 | ▼ 8.8% |
| Recurring financial income75 | - | - | €802 | €811 | €740 | ▼ 8.8% |
| Financial charges65/66B | €5,363 | €5,143 | €5,354 | €4,897 | €3,167 | ▼ 35.3% |
| Recurring financial charges65 | €5,363 | €5,143 | €5,354 | €4,897 | €3,167 | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | -€18,739 | €21,777 | €17,616 | €45,532 | -€1,582 | ▼ 103% |
| Income taxes67/77 | €880 | €2,736 | €19,460 | €38,008 | -€877 | ▼ 102% |
| Profit (loss) for the period9904 | -€19,619 | €19,041 | -€1,844 | €7,525 | -€706 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | -€19,619 | €19,041 | -€1,844 | €7,525 | -€706 | ▼ 109% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €188,073 | €197,650 | €196,180 | €124,947 | €109,050 | ▼ 12.7% |
| Fixed assets21/28 | €165,696 | €158,964 | €152,930 | €70,234 | €66,396 | ▼ 5.5% |
| Tangible fixed assets22/27 | €105,696 | €98,964 | €92,930 | €10,234 | €6,396 | ▼ 37.5% |
| Land and buildings22 | €102,437 | €97,630 | €92,823 | - | - | - |
| Plant, machinery and equipment23 | €176 | - | - | - | - | - |
| Furniture and vehicles24 | €3,083 | €1,334 | €107 | €10,234 | €6,396 | ▼ 37.5% |
| Financial fixed assets28 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Current assets29/58 | €22,377 | €38,686 | €43,250 | €54,713 | €42,654 | ▼ 22.0% |
| Amounts receivable within one year40/41 | €11,156 | €28,357 | €37,982 | €26,907 | €32,287 | ▲ 20.0% |
| Other amounts receivable41 | €11,156 | €28,357 | €37,982 | €26,907 | €32,287 | ▲ 20.0% |
| Cash at bank and in hand54/58 | €11,221 | €10,329 | €5,268 | €26,994 | €9,627 | ▼ 64.3% |
| Deferred charges and accrued income490/1 | - | - | - | €811 | €740 | ▼ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €188,073 | €197,650 | €196,180 | €124,947 | €109,050 | ▼ 12.7% |
| Equity10/15 | €25,153 | €44,193 | €42,349 | €49,874 | €49,168 | ▼ 1.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | €12,400 | - | - | - |
| Issued capital100 | €18,550 | €18,550 | €18,550 | - | - | - |
| Uncalled capital101 | €6,150 | €6,150 | €6,150 | - | - | - |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | €1,855 | €1,855 | €1,855 | - | - | - |
| Legal reserve130 | €1,855 | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | - | - | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €10,898 | €29,938 | €28,094 | €35,619 | €34,913 | ▼ 2.0% |
| Amounts payable17/49 | €162,920 | €153,457 | €153,831 | €75,073 | €59,881 | ▼ 20.2% |
| Amounts payable after more than one year17 | €84,396 | €77,231 | €69,880 | - | - | - |
| Financial debts170/4 | €84,396 | €77,231 | €69,880 | - | - | - |
| Amounts payable within one year42/48 | €78,524 | €76,226 | €83,951 | €75,073 | €59,881 | ▼ 20.2% |
| Current portion of amounts payable after more than one year42 | €6,410 | €6,575 | €6,745 | - | - | - |
| Trade debts44 | €6,030 | €4,931 | €19,812 | €5,101 | €3,915 | ▼ 23.3% |
| Suppliers440/4 | €6,030 | €4,931 | €19,812 | €5,101 | €3,915 | ▼ 23.3% |
| Taxes, remuneration and social security45 | €8,285 | €11,022 | €5,618 | €19,044 | €5,935 | ▼ 68.8% |
| Taxes450/3 | €8,285 | €11,022 | €5,618 | €19,044 | €5,935 | ▼ 68.8% |
| Other amounts payable47/48 | €57,798 | €53,698 | €51,775 | €50,928 | €50,032 | ▼ 1.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,619 | €19,041 | -€1,844 | €7,525 | -€706 | ▼ 109% |
| + Depreciation and write-downs630 | €7,127 | €6,732 | €6,034 | €1,390 | €3,839 | ▲ 176% |
| Operating cash flow (approximation) | -€12,492 | €25,773 | €4,190 | €8,915 | €3,133 | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €81,306 | €0 | ▼ 100% |
| Change in cash | - | -€891 | -€5,061 | €21,726 | -€17,367 | ▼ 180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Back to profitnet €7,525
Net result €7,525 after one loss-making year.
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 177 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 542 days late
2021
31-12
Financial
Back to profitnet €19,041
Net result €19,041 after one loss-making year.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 475 days late
2020
31-12
Financial
Weakest financial yearnet -€19,619
Net result drops to -€19,619, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Highest result since 2018net €23,180 ▲340%
Net result €23,180, the highest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 69 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 157 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Vorst · 1 establishment unit since 2011
Ground area
1,681 m²
Building footprint
311 m²
Volume, LiDAR
3,802 m³
2 parcels, Brussels · tallest building 20.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Gauvain
since 20112.204.692.214
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0217/00A020 | Brussels | 1,227 m² | 1 · 311 m² | 19.9 m · 4 fl. |
| 21383B0020/00P057 | Brussels | 453 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2024 annual accounts of Gauvain and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 141 companies in sector 68329 we hold annual accounts for 31. 24 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68329Real estate activities
Contact
E-mail
info@gauvain.be
Phone
02 372 50 50
E-invoicing
Reachable via Peppol
Peppol ID
0208:0840767789
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.