GEVA WERKEN
ActiveGEVA WERKEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €897k and a net result of €129k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 84% of 509 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-8
Solvency100▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.71 against 2.62 in 2023; short-term debt: 23.4% and cash: 7.1% of total assets), and 25% 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 risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75%
Return on assets
10.8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €897k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
121 d late
2022
301 d late
2021
142 d late
2020
199 d late
2019
98 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€897k▲ 16.8%
2023 · €768k
2018: €833k
2019: €833k
2020: €818k
2021: €650k
2022: €559k
2023: €768k
2018 → 2024
Total assets
€1.20M▼ 1.3%
2023 · €1.21M
2018: €1.69M
2019: €1.95M
2020: €1.95M
2021: €1.38M
2022: €1.15M
2023: €1.21M
2018 → 2024
Net result
€129k▼ 38.4%
2023 · €209k
2018: €8k
2019: €-17k
2020: €-147k
2021: €-21k
2022: €-91k
2023: €209k
2018 → 2024
Working capital
€755k▲ 17.0%
2023 · €646k
2018: €684k
2019: €682k
2020: €682k
2021: €516k
2022: €426k
2023: €646k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€818k-€650k▼ 20.6%€559k▼ 14.0%€768k▲ 37.4%€897k▲ 16.8%
Operating result€-140k-€-17k▲ 87.9%€-86k▼ 410%€219k€127k▼ 42.3%
Net result€-147k-€-21k▲ 85.8%€-91k▼ 334%€209k€129k▼ 38.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€161k▼ 3.0%
Current assets
€1.03M▼ 1.0%
Equity and liabilities €1.20M
Equity
€897k▲ 16.8%
Provisions
€4k▼ 7.6%
Debt
€295k▼ 32.8%
The debt ratio falls from 36.2% to 24.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€159k▼
2023 · €256k
Cash flow
€161k▼
2023 · €246k
Solvency
75.0%▲
2023 · 63.4%
Current ratio
3.71▲
2023 · 2.62
Quick ratio
3.43▲
2023 · 2.28
Debt / equity
0.33▼
2023 · 0.57
ROE
14.3%▼
2023 · 27.2%
ROA
10.8%▼
2023 · 17.3%
Interest coverage
59.80▲
2023 · 33.94
Debt
€295k▼
2023 · €438k
Debt ≤ 1 year
€279k▼
2023 · €399k
Debt > 1 year
€16k▼
2023 · €39k
Income taxes
€265▼
2023 · €6k
Staff costs
€420k▼
2023 · €670k
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€1.21M€1.20M▼
Fixed assets21/28€166k€161k▼
Tangible fixed assets22/27€165k€160k▼
Land and buildings22€103k€101k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€14k€33k▲
Leasing and similar rights25€39k€20k▼
Financial fixed assets28€464€464=
Current assets29/58€1.04M€1.03M▼
Stocks and contracts in progress3€135k€77k▼
Stocks30/36€57k€52k▼
Contracts in progress37€77k€25k▼
Amounts receivable within one year40/41€708k€873k▲
Trade receivables40€672k€834k▲
Other amounts receivable41€37k€39k▲
Cash at bank and in hand54/58€201k€85k▼
Deferred charges and accrued income490/1€249€0▼
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.20M▼
Equity10/15€768k€897k▲
Contributions10/11€545k€545k=
Capital10€545k€545k=
Issued capital100€545k€545k=
Reserves13€223k€351k▲
Non-distributable reserves130/1€55k€55k=
Legal reserve130€55k€55k=
Tax-exempt reserves132€12k€11k▼
Distributable reserves133€156k€285k▲
Provisions and deferred taxes16€4k€4k▼
Deferred taxes168€4k€4k▼
Amounts payable17/49€438k€295k▼
Amounts payable after more than one year17€39k€16k▼
Financial debts170/4€39k€16k▼
Amounts payable within one year42/48€399k€279k▼
Current portion of amounts payable after more than one year42€50k€24k▼
Trade debts44€174k€131k▼
Suppliers440/4€174k€131k▼
Taxes, remuneration and social security45€175k€124k▼
Taxes450/3€82k€72k▼
Remuneration and social security454/9€93k€52k▼
Income statement
Code20232024
Remuneration, social security and pensions62€670k€420k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€33k▼
Other operating charges640/8€96k€28k▼
Gross operating margin9900€1.02M€607k▼
Operating profit (loss)9901€219k€127k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€8k€3k▼
Recurring financial charges65€8k€3k▼
Profit (loss) for the period before taxes9903€215k€129k▼
Transfer from deferred taxes780€307€307=
Income taxes67/77€6k€265▼
Profit (loss) for the period9904€209k€129k▼
Transfer from tax-exempt reserves789€921€921=
Profit (loss) for the period to be appropriated9905€210k€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€120k€130k▲
Profit (loss) brought forward from the previous period14P€-90k€0▲
Transfer to equity691/2€120k€130k▲
To other reserves6921€120k€130k▲
Social balance
Average headcount (FTE)908711.68.8▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 121 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 301 days late
2023
31-12
Financial
Back to profitnet €209k
Net result €209k after 4 loss-making years.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 142 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 199 days late
2020
31-12
Financial
Weakest financial yearnet €-147k
Net result drops to €-147k, the lowest in the series; recovery starts the following year.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 70 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Houthalen-Helchteren · 1 establishment unit since 1988
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.
Centrum-Zuid 15203530 Houthalen-HelchterenGround area
1.8 ha
Building footprint
2,473 m²
Volume, LiDAR
18,412 m³
Parcel 72015C0166/00H004, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GEVA WERKEN NV
since 19882.102.724.131
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0166/00H004 | Flanders | 1.8 ha | 1 · 2,473 m² | 8.7 m · 3 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
2022 · 1 entry · 600 EUR awarded · 600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 600 EUR | 600 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 346 companies in sector 28990 we hold annual accounts for 278. 190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-10-1988
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
28990Manufacture of machinery and equipment not elsewhere classified
29564
25510Coating of metals
25530Machining of metals
25610Manufacture of fabricated metal products, except machinery and equipment
28510
28520
42220Construction of utility projects for electricity and telecommunications
45215
49410Freight transport by road
71320
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.