GDWVO
ActiveGDWVO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 12617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▲+58
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.02 in 2024), but 59.8% of the assets are financed with debt.
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
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.2%
Return on assets
25.8%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €54k
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 08-04-2026, 114 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
114 d early
2024
73 d early
2023
92 d early
2022
34 d early
2021
40 d early
2020
32 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▲ 178%
2024 · €19k
2019: €26k
2020: €13k
2021: €-16k
2022: €5k
2023: €14k
2024: €19k
2019 → 2025
Total assets
€134k▲ 33.4%
2024 · €101k
2019: €59k
2020: €32k
2021: €3k
2022: €12k
2023: €23k
2024: €101k
2019 → 2025
Net result
€35k▲ 557%
2024 · €5k
2019: €24k
2020: €-13k
2021: €-29k
2022: €20k
2023: €9k
2024: €5k
2019 → 2025
Working capital
€36k▲ 8,878%
2024 · €401
2019: €23k
2020: €11k
2021: €-16k
2022: €4k
2023: €14k
2024: €401
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-16k-€5k€14k▲ 188%€19k▲ 37.3%€54k▲ 178%
Operating result€-29k-€21k€9k▼ 54.6%€10k▲ 3.1%€57k▲ 495%
Net result€-29k-€20k€9k▼ 54.9%€5k▼ 42.9%€35k▲ 557%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 495% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€58k▼ 24.2%
Current assets
€77k▲ 213%
Equity and liabilities €134k
Equity
€54k▲ 178%
Debt
€80k▼ 1.2%
The debt ratio falls from 80.7% to 59.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€76k▲
2024 · €24k
Cash flow
€53k▲
2024 · €19k
Solvency
40.2%▲
2024 · 19.3%
Current ratio
1.89▲
2024 · 1.02
Quick ratio
1.89▲
2024 · 1.02
Debt / equity
1.49▼
2024 · 4.19
ROE
64.1%▲
2024 · 27.1%
ROA
25.8%▲
2024 · 5.2%
Interest coverage
12.06▲
2024 · 7.30
Debt
€80k▼
2024 · €81k
Debt ≤ 1 year
€41k▲
2024 · €24k
Debt > 1 year
€40k▼
2024 · €57k
Income taxes
€18k▲
2024 · €1k
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€101k€134k▲
Fixed assets21/28€76k€58k▼
Tangible fixed assets22/27€76k€58k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€74k€56k▼
Current assets29/58€24k€77k▲
Amounts receivable within one year40/41€9k€15k▲
Trade receivables40€7k€13k▲
Other amounts receivable41€3k€3k=
Current investments50/53€8k€44k▲
Cash at bank and in hand54/58€6k€17k▲
Deferred charges and accrued income490/1€2k€290▼
Equity and liabilities
Total equity and liabilities10/49€101k€134k▲
Equity10/15€19k€54k▲
Contributions10/11€2k€2k=
Reserves13€24k€52k▲
Distributable reserves133€24k€52k▲
Profit (loss) carried forward14€-7k€0▲
Amounts payable17/49€81k€80k▼
Amounts payable after more than one year17€57k€40k▼
Financial debts170/4€57k€40k▼
Amounts payable within one year42/48€24k€41k▲
Current portion of amounts payable after more than one year42€17k€17k▲
Financial debts43-€11k
Credit institutions430/8-€11k
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€329€9k▲
Taxes450/3€329€9k▲
Other amounts payable47/48€1k€273▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Other operating charges640/8€754€625▼
Gross operating margin9900€24k€76k▲
Operating profit (loss)9901€10k€57k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€6k€52k▲
Income taxes67/77€1k€18k▲
Profit (loss) for the period9904€5k€35k▲
Profit (loss) for the period to be appropriated9905€5k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€28k▲
Profit (loss) brought forward from the previous period14P€-12k€-7k▲
Transfer to equity691/2-€28k
To other reserves6921-€28k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €35k ▲557%
Operating result €57k, net result €35k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-12
Financial
Liquidity times 12current ratio 1.61
Current ratio from 0.14 to 1.61; short-term debt falls from €19k to €7k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hove · 1 establishment unit since 2019
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.
René Verbeecklaan 142540 HoveGround area
3.7 ha
Building footprint
435 m²
Volume, LiDAR
5,616 m³
Parcel 11021A0195/02L003, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GDWVO
since 20192.291.500.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0195/02L003 | Flanders | 3.7 ha | 1 · 435 m² | 17.1 m · 4 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 245 EUR awarded · 245 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 179 EUR | 179 EUR |
| 2024 | 1 | 66 EUR | 66 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,018 companies in sector 69103 we hold annual accounts for 610. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2019
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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
1 entryE-mail:walter.vo@telenet.be