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GEV GROUP

Active
Private limited companyfounded 2022active for 3 yearsPeter Benoitlaan 15, 1980 Zemst, BelgiumKBO/BCE: BE 0792.425.167
Summary

The computed 12-month bankruptcy probability of GEV GROUP is 2.3% (moderate). The 2025 annual accounts show equity of €51,838 and a net result of €22,102. Equity is growing by about 64% per year across the filed financial years. Its solvency ranks better than 83% of 590 sector peers (NACE 53, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other postal and courier activities
NACE 53200Freight transport by road NACE 49410
1 site
Size
€73,691total assets 2025
Equity
€51,838
Profit
€22,102
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts 32 days early0 of 1 deed read
Why 55raises riskSize: total assets €73,691Sector: Postal and courier activities (NACE 53)Founded in 2022lowers riskEquity €51,838 (70.3% of total assets)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 53, micro)
Financial strength · tick = 2024
Strong
Solvency 95+4
equity 70.3% of total assets
Liquidity 52+5
short-term debt 29.7% · cash 11.2%
Profitability 100=
return on assets 30.0%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (906 companies, NACE 53, micro)
Last 24 months 11-2024: 3.4% 12-2024: 3.4%● unchanged vs 11-2024 01-2025: 3.3%▼ -0.1 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.4%▲ +0.1 percentage points vs 02-2025 04-2025: 3.5%▲ +0.1 percentage points vs 03-2025 05-2025: 3.7%▲ +0.2 percentage points vs 04-2025 06-2025: 3.7%● unchanged vs 05-2025 07-2025: 3.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 3.1%▼ -0.8 percentage points vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.2%▲ +0.1 percentage points vs 12-2025 02-2026: 3.1%▼ -0.1 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%▲ +0.2 percentage points vs 04-2026 06-2026: 3.0%▼ -0.5 percentage points vs 05-2026 07-2026: 2.3%▼ -0.7 percentage points vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.3%● unchanged vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.69, compared with 2.25 in 2024; short-term debt: 29.7% and cash: 11.2% of total assets), and 29.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 53, micro): better than 83% on solvency, 64% on liquidity, 94% on profitability and 85% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €73,691
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €51,838 (70.3% of total assets)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
32 days early
2024
34 days early
2023
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 30 days before the deadline; the sector median (NACE 53) for financial year 2024 is 13 days after the deadline, and 56% 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 29 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €22,102 ▲39.8%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€51,838▲ 74.3%
2024 · €29,736
Total assets
€73,691▲ 64.2%
2024 · €44,866
Net result
€22,102▲ 39.8%
2024 · €15,806
Working capital
€36,920▲ 94.7%
2024 · €18,962
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,916 2025 Net result€22,102 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 53, Postal and courier activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€14,055-€20,319▲ 44.6%€27,916▲ 37.4%
Net result€10,930within the sector's middle half-€15,806within the sector's middle half▲ 44.6%€22,102above the sector's middle half▲ 39.8%
Equity€13,930within the sector's middle half-€29,736within the sector's middle half▲ 113%€51,838within the sector's middle half▲ 74.3%
Total assets€27,872below the sector's middle half-€44,866within the sector's middle half▲ 61.0%€73,691within the sector's middle half▲ 64.2%
Debt€13,942-€15,129▲ 8.5%€21,853▲ 44.4%
Working capital€9,178within the sector's middle half-€18,962within the sector's middle half▲ 107%€36,920within the sector's middle half▲ 94.7%
Solvency50.0%within the sector's middle half-66.3%above the sector's middle half▲ 16.3pp70.3%above the sector's middle half▲ 4.1pp
Current ratio2.04within the sector's middle half-2.25within the sector's middle half▲ 0.212.69above the sector's middle half▲ 0.44
Return on assets (ROA)39.2%above the sector's middle half-35.2%above the sector's middle half▼ 4.0pp30.0%above the sector's middle half▼ 5.2pp
above within below the middle half of NACE 53, Postal and courier activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73,691
Fixed assets €14,918 ▲ 38.5%
Current assets €58,774 ▲ 72.4%
Equity and liabilities €73,691
Equity €51,838 ▲ 74.3%
Debt €21,853 ▲ 44.4%
Debt's share of the balance-sheet total falls from 33.7% to 29.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,772▲
2024 · €20,761
Cash flow
€22,958▲
2024 · €16,248
Debt to equity
0.42▼
2024 · 0.51
ROE
42.6%▼
2024 · 53.2%
Interest coverage
over 100▲
2024 · 39.32
Debt ≤ 1 year
€21,853▲
2024 · €15,129
Income taxes
€5,553▲
2024 · €3,985
Staff costs
€11,364
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,866€73,691▲
Fixed assets21/28€10,774€14,918▲
Tangible fixed assets22/27€1,774€918▼
Furniture and vehicles24€1,774€918▼
Financial fixed assets28€9,000€14,000▲
Current assets29/58€34,092€58,774▲
Amounts receivable within one year40/41€24,967€49,416▲
Trade receivables40€183€9,522▲
Other amounts receivable41€24,784€39,894▲
Cash at bank and in hand54/58€4,325€8,266▲
Deferred charges and accrued income490/1€4,800€1,092▼
Equity and liabilities
Total equity and liabilities10/49€44,866€73,691▲
Equity10/15€29,736€51,838▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€26,736€48,838▲
Amounts payable17/49€15,129€21,853▲
Amounts payable within one year42/48€15,129€21,853▲
Current portion of amounts payable after more than one year42€4,643-
Trade debts44€482€1,006▲
Suppliers440/4€482€1,006▲
Advances received on contracts in progress46-€1,630
Taxes, remuneration and social security45€10,005€19,217▲
Taxes450/3€10,005€14,813▲
Remuneration and social security454/9-€4,404
Income statement Code20242025
Remuneration, social security and pensions62-€11,364
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€442€856▲
Other operating charges640/8€248€456▲
Gross operating margin9900€21,009€40,592▲
Operating profit (loss)9901€20,319€27,916▲
Financial charges65/66B€528€261▼
Recurring financial charges65€528€261▼
Profit (loss) for the period before taxes9903€19,791€27,655▲
Income taxes67/77€3,985€5,553▲
Profit (loss) for the period9904€15,806€22,102▲
Profit (loss) for the period to be appropriated9905€15,806€22,102▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,736€48,838▲
Profit (loss) brought forward from the previous period14P€10,930€26,736▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62--€11,364-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,526€442€856▲ 93.6%
Other operating charges640/8€586€248€456▲ 83.9%
Gross operating margin9900€17,167€21,009€40,592▲ 93.2%
Operating profit (loss)9901€14,055€20,319€27,916▲ 37.4%
Financial charges65/66B€289€528€261▼ 50.6%
Recurring financial charges65€289€528€261▼ 50.6%
Profit (loss) for the period before taxes9903€13,765€19,791€27,655▲ 39.7%
Income taxes67/77€2,835€3,985€5,553▲ 39.4%
Profit (loss) for the period9904€10,930€15,806€22,102▲ 39.8%
Profit (loss) for the period to be appropriated9905€10,930€15,806€22,102▲ 39.8%
Line202320242025Change
Assets
Total assets20/58€27,872€44,866€73,691▲ 64.2%
Fixed assets21/28€9,871€10,774€14,918▲ 38.5%
Tangible fixed assets22/27€871€1,774€918▼ 48.3%
Furniture and vehicles24€871€1,774€918▼ 48.3%
Financial fixed assets28€9,000€9,000€14,000▲ 55.6%
Current assets29/58€18,000€34,092€58,774▲ 72.4%
Amounts receivable within one year40/41€14,785€24,967€49,416▲ 97.9%
Trade receivables40€9,957€183€9,522▲ 5,110%
Other amounts receivable41€4,829€24,784€39,894▲ 61.0%
Cash at bank and in hand54/58€899€4,325€8,266▲ 91.1%
Deferred charges and accrued income490/1€2,316€4,800€1,092▼ 77.3%
Equity and liabilities
Total equity and liabilities10/49€27,872€44,866€73,691▲ 64.2%
Equity10/15€13,930€29,736€51,838▲ 74.3%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14€10,930€26,736€48,838▲ 82.7%
Amounts payable17/49€13,942€15,129€21,853▲ 44.4%
Amounts payable after more than one year17€5,020---
Financial debts170/4€5,020---
Amounts payable within one year42/48€8,822€15,129€21,853▲ 44.4%
Current portion of amounts payable after more than one year42€4,046€4,643--
Trade debts44€357€482€1,006▲ 109%
Suppliers440/4€357€482€1,006▲ 109%
Advances received on contracts in progress46--€1,630-
Taxes, remuneration and social security45€4,419€10,005€19,217▲ 92.1%
Taxes450/3€4,419€10,005€14,813▲ 48.1%
Remuneration and social security454/9--€4,404-
Accrued charges and deferred income492/3€100---
Line202320242025Change
Profit (loss) for the period9904€10,930€15,806€22,102▲ 39.8%
+ Depreciation and write-downs630€2,526€442€856▲ 93.6%
Operating cash flow (approximation)€13,456€16,248€22,958▲ 41.3%
Investment in fixed assets (approximation)--€1,345-€5,000▼ 272%
Change in cash-€3,426€3,941▲ 15.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of the 4,897 companies in this sector, figures are known for 1,315. 1,091 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: not fully processed yet. The notices from August 2022 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

GEV GROUP was incorporated on 13 October 2022 as a private limited company.1 Total assets rose from €27,872 in 2023 to €73,691 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €22,102 ▲39.8%
Operating result €27,916, net result €22,102, both a record.
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
06-07
NBB filing Annual accounts filed
financial year 2023 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded13-10-2022
Financial year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
49420Removal services
52250Logistics services
53100Postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792425167
Registered 18-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 11 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 01-05-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zemst · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
307 m²
Building footprint
88 m²
Building volume
452 m³
Parcel 23096C0666/00L000, Flanders · tallest building 8.3 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GEV GROUP
Peter Benoitlaan 15, 1980 ZemstFreight transport by road
since 2022unit no. 2.337.500.753
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23096C0666/00L000 Flanders 307 m² 1 · 88 m² 8.3 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.