Equity
€317,658 ▼ 31.0%
GAVALI paid out €240,000 in dividends. That is 246% of the 2025 profit.
GAVALI
Lifetime
6 annual accounts with figures on one time axispeak €281,353 (2021)
€275,032▲ 22.5%
peak €117,216 (2021)
€97,435▲ 36.6%
peak €460,222 (2024)
€317,658▼ 31.0%
€350,850▲ 228%
peak 6.5 FTE (2025)
6.5 FTE▲ 1.6%
Board1 name since 2019
1 directorPAELINCK Olivier François Michel Marie
Owners2 names in the annual accounts
70%OLIVIER PAELINCK and 1 other
Documentsfilings and deeds
28-06-202633 days before the deadline
2025abbreviated format
Gross margin from €224,486 to €275,032Result from €71,347 to €97,435Dividend €240,000Equity from €460,222 to €317,658Debts from €107,043 to €350,850Cash from €176,821 to €305,246
Key points
from the 2025 annual accountsDebts
€350,850 ▲ 228%
Debts rose by €243,807 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Staff
8 employees on 31-12-2025
In 2025, 7 people joined and 5 left.
Liquidity
1.86 was 5.03 in 2024
Short-term debts rose from €107,043 to €350,850.
Filings
6 annual accounts 5 late
The 2020 accounts came latest: 56 days after the end of the period.
At the same address
18 companies
Checked score
84
Excellent
Financially stronger than 54% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.4%▼ -0.4 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.3%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.4%▼ -0.1 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
Size: 6.5 FTE, total assets €668,508
lowers risk
Liquidity: current ratio 1.86, cash €305,246
Equity €317,658 (47.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 62% of them on solvency, 79% on liquidity, 59% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as GAVALI has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GAVALI itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for GAVALI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.86 (5.03 in 2024), above the usual 1.5. Short-term debt is 52.5% and cash 45.7% of total assets. However, 52.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-06-2026, 33 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
33 days early
2024
55 days late
2023
27 days late
2022
31 days late
2021
30 days late
2020
56 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 28 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- OLIVIER PAELINCK 70%annual accounts 2025
- BENEDICTE MOTTIN 30%annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0733546464
First establishment
Avenue de Philippeville 284, Charleroi
Incorporation
Founding capital of €100,000 · Founders: PAELINCK Olivier François Michel Marie (comparant) and MOTTIN Bénédicte (comparante) · Founding capital of EUROS 100,000, 100 shares · Appointment: PAELINCK Olivier François Michel Marie (director) · published on 03-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GAVALI Charleroi | €0.7m | €275,032 | 47.5% | 6.5 |
| BEL AIR FINE ART BELGIQUE Brussels | €1.0m | €462,837 | -121.1% | 6.6 |
| GAVALI 2 La Louvière | €0.4m | €221,413 | 36.0% | 4.9 |
| Arenberg Auctions Brussels | €1.7m | €427,666 | -3.8% | 7.3 |
| MJV SOUDANT Gerpinnes | €0.5m | €290,017 | 4.2% | - |
| GOLDWOOD INTERIORS Antwerp | €0.9m | €322,929 | 34.9% | 3.7 |
| ADAM ARTS Sint-Gillis (bij-Brussel) | €0.6m | €179,951 | 19.6% | - |
These companies have the same main activity as GAVALI: retail sale of antiques (NACE 47791). They are comparable in size and age: total assets between €420,000 and €1.7m, founded between 2012 and 2022.
Official details
Source: KBO- Status
- Active since 30-08-2019Normal situation
- Registered office
- 19 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Retail sale of antiquesNACE 47791and 1 other
- Establishment unit
- 2.293.161.0636001 Charleroi, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- ≈ €980,000estimated
- €668,508▲ 17.8%
- Employeeson 31-12-2025
- 8▲ 33.3%
- Filing
- Filed on 28-06-2026, 33 days before the end of the filing period
Insights on GAVALI
GAVALI files the abbreviated format. That format states no turnover. The gross margin rose from €252,212 in 2020 to €275,032 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GAVALI
- What is the company number of GAVALI?
- The company number of GAVALI is 0733.546.464. The VAT number is the same number with BE in front: BE 0733.546.464.
- Where is GAVALI based?
- The registered office is at Avenue de Philippeville 284, 6001 Charleroi.Company details
- What does GAVALI do?
- According to the KBO register, the main activity is retail sale of antiques (NACE 47791).
- What is the legal form of GAVALI?
- GAVALI is a private limited company (BV).
- When was GAVALI founded?
- GAVALI was founded on 30-08-2019.
- Is GAVALI still active?
- Yes, GAVALI is an active enterprise in the KBO register.
- How many employees does GAVALI have?
- GAVALI had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GAVALI?
- The turnover in financial year 2025 is ≈ €980,000. This figure is estimated from the gross margin of €275,032 and 47 comparable companies (NACE 477). It probably lies between €750,000 and €1.5m.
- Is GAVALI profitable?
- In financial year 2025, GAVALI made a profit of €97,435.
- Where can I find the annual accounts of GAVALI?
- GAVALI filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GAVALI due?
- GAVALI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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