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GEBEVO

Active
Public limited companyfounded 199333 yrs activeVosveld 9A, 2110 Wijnegem, BelgiumKBO/BCE: BE 0450.909.250

GEBEVO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.24M and a net result of €499k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 52% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+2
Solvency58▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.15 in 2023; short-term debt: 6.9% and cash: 1.5% of total assets), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
32.9%
Return on assets
7.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
26 d late
2022
31 d late
2021
5 d early
2020
23 d late
2019
63 d early
← before the deadline after the deadline →
neutral · 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 2024, abbreviated schema

Equity
€2.24M▲ 28.7%
2023 · €1.74M
2018: €829k 2019: €1.06M 2020: €1.26M 2021: €1.35M 2022: €1.54M 2023: €1.74M
2018 → 2024
Total assets
€6.81M▼ 2.1%
2023 · €6.95M
2018: €1.03M 2019: €1.10M 2020: €1.83M 2021: €2.58M 2022: €7.20M 2023: €6.95M
2018 → 2024
Net result
€499k▲ 18.5%
2023 · €422k
2018: €219k 2019: €234k 2020: €240k 2021: €157k 2022: €247k 2023: €422k
2018 → 2024
Working capital
€-342k▲ 50.7%
2023 · €-695k
2018: €529k 2019: €785k 2020: €-79k 2021: €-272k 2022: €-638k 2023: €-695k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.26M-€1.35M▲ 7.0%€1.54M▲ 14.4%€1.74M▲ 12.9%€2.24M▲ 28.7%
Operating result€378k-€239k▼ 36.7%€303k▲ 26.7%€605k▲ 99.6%€742k▲ 22.6%
Net result€240k-€157k▼ 34.7%€247k▲ 57.6%€422k▲ 70.8%€499k▲ 18.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2020: €378k€378kNet result 2020: €240k€240kOperating result 2021: €239k€239kNet result 2021: €157k€157kOperating result 2022: €303k€303kNet result 2022: €247k€247kOperating result 2023: €605k€605kNet result 2023: €422k€422kOperating result 2024: €742k€742kNet result 2024: €499k€499k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 23% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.81M
Fixed assets €6.68M▼ 2.1%
Current assets €130k▲ 3.0%
Equity and liabilities €6.81M
Equity €2.24M▲ 28.7%
Debt €4.57M▼ 12.3%
The debt ratio falls from 75.0% to 67.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.06M
2023 · €919k
Cash flow
€813k
2023 · €735k
Solvency
32.9%
2023 · 25.0%
Current ratio
0.28
2023 · 0.15
Quick ratio
0.28
2023 · 0.15
Debt / equity
2.04
2023 · 2.99
ROE
22.3%
2023 · 24.2%
ROA
7.3%
2023 · 6.1%
Interest coverage
14.17
2023 · 14.92
Debt
€4.57M
2023 · €5.21M
Debt ≤ 1 year
€473k
2023 · €821k
Debt > 1 year
€4.08M
2023 · €4.37M
Income taxes
€168k
2023 · €140k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€6.95M€6.81M
Fixed assets21/28€6.82M€6.68M
Tangible fixed assets22/27€5.39M€5.25M
Land and buildings22€5.03M€4.76M
Plant, machinery and equipment23€362k€318k
Assets under construction and advance payments27-€168k
Financial fixed assets28€1.43M€1.43M=
Current assets29/58€127k€130k
Amounts receivable within one year40/41€61k€20k
Other amounts receivable41€61k€20k
Cash at bank and in hand54/58€66k€105k
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€6.95M€6.81M
Equity10/15€1.74M€2.24M
Contributions10/11€90k€90k=
Capital10-€90k
Issued capital100-€90k
Outside capital11€90k€0
Other1109/19€90k€0
Reserves13€982k€2.15M
Non-distributable reserves130/1€19k€19k=
Legal reserve130-€19k
Reserves not available under the articles1311€19k€0
Distributable reserves133€962k€2.13M
Profit (loss) carried forward14€668k€0
Amounts payable17/49€5.21M€4.57M
Amounts payable after more than one year17€4.37M€4.08M
Financial debts170/4€4.37M€4.08M
Amounts payable within one year42/48€821k€473k
Current portion of amounts payable after more than one year42€667k€317k
Trade debts44€3k€0
Suppliers440/4€3k€0
Taxes, remuneration and social security45€4k€8k
Taxes450/3€4k€8k
Other amounts payable47/48€147k€147k=
Accrued charges and deferred income492/3€14k€12k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314k€314k
Other operating charges640/8€63k€66k
Gross operating margin9900€982k€1.12M
Operating profit (loss)9901€605k€742k
Financial income75/76B€18k-
Recurring financial income75€18k-
Financial charges65/66B€62k€75k
Recurring financial charges65€62k€75k
Profit (loss) for the period before taxes9903€562k€667k
Income taxes67/77€140k€168k
Profit (loss) for the period9904€422k€499k
Profit (loss) for the period to be appropriated9905€422k€499k
Appropriation of the result
Profit (loss) to be appropriated9906€668k€1.17M
Profit (loss) brought forward from the previous period14P€247k€668k
Transfer from equity791/2€223k€0
Transfer to equity691/2-€1.17M
To other reserves6921-€1.17M
Profit to be distributed694/7€223k€0
Return on contributions (dividend)694€223k€0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €499k ▲18.5%
Operating result €742k, net result €499k, both a record.
31-12
Financial Equity above €2MEq €2.24M ▲28.7%
7 profitable years in a row build equity to €2.24M.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €157k ▼34.7%
Net result drops to €157k, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity times 6current ratio 22.75
Current ratio from 3.66 to 22.75; short-term debt falls from €199k to €36k.
31-12
Financial Equity above €1MEq €1.06M ▲28.2%
2 profitable years in a row build equity to €1.06M.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Wijnegem · 1 establishment unit since 1993
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.

Vosveld 9A2110 Wijnegem
Ground area
1.1 ha
Building footprint
6,112 m²
Volume, LiDAR
45,820 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GEBEVO
Vosveld 9 A, 2110 WijnegemInsurance, reinsurance and pension funding, except compulsory social security
since 19932.063.976.688
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0058/00S002 Flanders 5,867 m² 1 · 2,432 m² 9.8 m · 2 fl.
11050A0134/00F000 Flanders 5,375 m² 1 · 3,680 m² 12.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

2022 to 2023 · 2 entries · 17,797 EUR awarded · 17,797 EUR paid
Year Entries awardedpaid
2023 1 0 EUR17,797 EUR
2022 1 17,797 EUR0 EUR
Schemes
Call groene stroom (stopgezet)
2 entries · 17,797 EUR · 17,797 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 4,155 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded14-09-1993
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.