GEVAERT
InactiveInactive; last annual accounts for fiscal year 2026. Dissolved without liquidation on 05-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 05-01-2026 was due by 05-08-2026 and was filed on 10-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
56 d early
2025
50 d early
2024
2 d early
2023
145 d late
2022
on the day
2021
134 d late
2020
136 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€379k▲ 13.1%
2023 · €335k
2018: €672k
2019: €460k
2020: €363k
2021: €384k
2022: €272k
2023: €335k
2018 → 2024
EBIT margin
29.7%▲ 12.6pp
2023 · 17.1%
2018: 69.8%
2019: 38.1%
2020: -1.1%
2021: 18.3%
2022: -1.3%
2023: 17.1%
2018 → 2024
Net result
€78k▲ 1,113%
2023 · €6k
2018: €319k
2019: €120k
2020: €2k
2021: €59k
2022: €-6k
2023: €6k
2018 → 2024
Working capital
€-2.69M
2023 · €1.24M
2018: €7.07M
2019: €6.81M
2020: €6.83M
2021: €2.64M
2022: €6.75M
2023: €1.24M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€363k-€384k▲ 6.0%€272k▼ 29.3%€335k▲ 23.1%€379k▲ 13.1%
Equity€4.18M-€4.24M▲ 1.4%€4.24M▼ 0.1%€4.24M▲ 0.2%€150k▼ 96.5%
Operating result€-4k-€70k€-3k€57k€112k▲ 96.1%
Net result€2k-€59k▲ 2,430%€-6k€6k€78k▲ 1,113%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 96% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.02M
Fixed assets
€2.90M ▼ 4.0%
Current assets
€118k ▼ 98.4%
Equity and liabilities €3.02M
Equity
€150k ▼ 96.5%
Debt
€2.87M ▼ 52.7%
Debt's share of the balance-sheet total rises from 58.8% to 95.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€240k▲
2023 · €213k
Cash flow
€206k▲
2023 · €162k
Current ratio
0.04▼
2023 · 1.21
Debt to equity
19.15▲
2023 · 1.43
ROE
51.9%▲
2023 · 0.2%
ROA
2.6%▲
2023 · 0.1%
Interest coverage
0.71▲
2023 · 0.70
Debt ≤ 1 year
€2.81M▼
2023 · €6.04M
Income taxes
€46k▼
2023 · €86k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 66 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10.30M€3.02M▼
Fixed assets21/28€3.02M€2.90M▼
Tangible fixed assets22/27€3.02M€2.90M▼
Land and buildings22€3.02M€2.89M▼
Assets under construction and advance payments27€3k€10k▲
Current assets29/58€7.28M€118k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€6.84M€16k▼
Trade receivables40€1k€15k▲
Other amounts receivable41€6.84M€1k▼
Cash at bank and in hand54/58€314€876▲
Deferred charges and accrued income490/1€436k€100k▼
Equity and liabilities
Total equity and liabilities10/49€10.30M€3.02M▼
Equity10/15€4.24M€150k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€10k€10k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€4k€4k=
Profit (loss) carried forward14€4.17M€78k▼
Amounts payable17/49€6.06M€2.87M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Credit institutions173€0-
Amounts payable within one year42/48€6.04M€2.81M▼
Financial debts43€5.82M€0▼
Credit institutions430/8€5.82M€0▼
Other loans439€0-
Trade debts44€81k€22k▼
Suppliers440/4€81k€22k▼
Taxes, remuneration and social security45€116k€144k▲
Taxes450/3€116k€144k▲
Other amounts payable47/48€26k€2.64M▲
Accrued charges and deferred income492/3€17k€56k▲
Income statement
Code20232024
Operating income70/76A€350k€408k▲
Turnover70€335k€379k▲
Other operating income74€16k€30k▲
Non-recurring operating income76A€0-
Operating charges60/66A€293k€296k▲
Services and other goods61€90k€114k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156k€128k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k€0▲
Other operating charges640/8€52k€54k▲
Non-recurring operating charges66A€36€444▲
Operating profit (loss)9901€57k€112k▲
Financial income75/76B€343k€352k▲
Recurring financial income75€343k€352k▲
Income from current assets751€343k€352k▲
Other financial income752/9€0€0▲
Financial charges65/66B€308k€340k▲
Recurring financial charges65€308k€340k▲
Debt charges650€306k€339k▲
Other financial charges652/9€2k€1k▼
Profit (loss) for the period before taxes9903€92k€124k▲
Income taxes67/77€86k€46k▼
Taxes670/3€86k€46k▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€6k€78k▲
Transfer to tax-exempt reserves689€4k€0▼
Profit (loss) for the period to be appropriated9905€3k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.17M€4.25M▲
Profit (loss) brought forward from the previous period14P€4.17M€4.17M▲
Profit to be distributed694/7-€4.17M
Return on contributions (dividend)694-€4.17M
The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
10-06
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
13-02
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Accounting effect7 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Accounting effect7 facts ▸
- Board meeting, 05-01-2026
- Merger, verrichting gelijkgesteld met fusie door overneming
- Dissolution, 05-01-2026
- Accounting effect, 05-01-2026
- Power of attorney, Sven Bosman
- Power of attorney, Carolien Coppens
- Power of attorney, GEVAERT
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 145 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-6k ▼110%
Net result drops to €-6k, the lowest in the series.
31-12
Financial
Liquidity times 25current ratio 39.75
Current ratio from 1.57 to 39.75; short-term debt falls from €4.60M to €174k.
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 134 days late
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 136 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 139 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:VASTNED
Recognitions · licences · registrations
Legal Entity Identifier
549300KFRQOTULPYFY95