GEVAERT GRAPHICS
ActiveGEVAERT GRAPHICS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.11M and a net result of €47k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 166 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-47
Solvency78▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.99 in 2024), and 41.6% 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○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 2025Solvency, return and age of the figures
Solvency
58.4%
Return on assets
2.5%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
2 d early
2023
41 d late
2022
31 d late
2021
39 d early
2020
31 d late
2019
91 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€47k▼ 67.6%
2024 · €145k
2018: €347k
2019: €78k
2020: €190k
2021: €105k
2022: €122k
2023: €167k
2024: €145k
2018 → 2025
Working capital
€64k
2024 · €-11k
2018: €-64k
2019: €-130k
2020: €146k
2021: €116k
2022: €-84k
2023: €165k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.42M-€1.14M▼ 19.6%€1.30M▲ 14.7%€1.06M▼ 18.4%€1.11M▲ 4.4%
Operating result€175k-€196k▲ 12.0%€267k▲ 36.3%€230k▼ 13.7%€100k▼ 56.4%
Net result€105k-€122k▲ 16.3%€167k▲ 36.7%€145k▼ 13.3%€47k▼ 67.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 56% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€1.20M▼ 4.2%
Current assets
€703k▼ 3.4%
Equity and liabilities €1.90M
Equity
€1.11M▲ 4.4%
Provisions
€17k▼ 45.9%
Debt
€775k▼ 12.4%
The debt ratio falls from 44.7% to 40.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€203k▼
2024 · €333k
Cash flow
€150k▼
2024 · €248k
Solvency
58.4%▲
2024 · 53.8%
Current ratio
1.10▲
2024 · 0.99
Quick ratio
1.10▲
2024 · 0.99
Debt / equity
0.70▼
2024 · 0.83
ROE
4.2%▼
2024 · 13.6%
ROA
2.5%▼
2024 · 7.3%
Interest coverage
5.06▼
2024 · 12.43
Debt
€775k▼
2024 · €885k
Debt ≤ 1 year
€639k▼
2024 · €739k
Debt > 1 year
€98k▼
2024 · €123k
Income taxes
€29k▼
2024 · €75k
Staff costs
€192k▼
2024 · €193k
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€1.98M€1.90M▼
Fixed assets21/28€1.25M€1.20M▼
Intangible fixed assets21€229k€204k▼
Tangible fixed assets22/27€1.02M€995k▼
Land and buildings22€990k€959k▼
Plant, machinery and equipment23€28k€27k▼
Furniture and vehicles24€5k€9k▲
Financial fixed assets28€174€874▲
Current assets29/58€728k€703k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€221k€161k▼
Trade receivables40€203k€148k▼
Other amounts receivable41€18k€13k▼
Current investments50/53€133k€126k▼
Cash at bank and in hand54/58€352k€375k▲
Deferred charges and accrued income490/1€22k€41k▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€1.90M▼
Equity10/15€1.06M€1.11M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€1.00M€1.05M▲
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Tax-exempt reserves132€30k€25k▼
Distributable reserves133€940k€991k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€31k€17k▼
Deferred taxes168€31k€17k▼
Amounts payable17/49€885k€775k▼
Amounts payable after more than one year17€123k€98k▼
Financial debts170/4€123k€98k▼
Amounts payable within one year42/48€739k€639k▼
Current portion of amounts payable after more than one year42€26k€26k▲
Trade debts44€119k€92k▼
Suppliers440/4€119k€92k▼
Taxes, remuneration and social security45€75k€51k▼
Taxes450/3€50k€22k▼
Remuneration and social security454/9€26k€29k▲
Other amounts payable47/48€519k€470k▼
Accrued charges and deferred income492/3€24k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€193k€192k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€103k▼
Other operating charges640/8€36k€16k▼
Gross operating margin9900€563k€412k▼
Operating profit (loss)9901€230k€100k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€27k€40k▲
Recurring financial charges65€27k€40k▲
Profit (loss) for the period before taxes9903€205k€61k▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€75k€29k▼
Profit (loss) for the period9904€145k€47k▼
Transfer from tax-exempt reserves789€5k€5k=
Profit (loss) for the period to be appropriated9905€149k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€149k€52k▼
Transfer from equity791/2€385k€0▼
Transfer to equity691/2€149k€52k▼
To other reserves6921€149k€52k▼
Profit to be distributed694/7€385k€0▼
Return on contributions (dividend)694€385k€0▼
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (22 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €47k ▼67.6%
Net result drops to €47k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Wingene · 1 establishment unit since 1986
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.
Hille 1058750 WingeneGround area
3,096 m²
Building footprint
529 m²
Volume, LiDAR
3,253 m³
Parcel 37019B0466/00N000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hille 105, 8750 Wingene
since 19862.034.612.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B0466/00N000 | Flanders | 3,096 m² | 1 · 529 m² | 11.8 m · 2 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
2023 · 1 entry · 266 EUR awarded · 266 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 266 EUR | 266 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,595 companies in sector 18120 we hold annual accounts for 803. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-10-1986
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
73110Advertising agencies
74401
47620Retail trade
47621Retail sale of newspapers and periodicals
47791Retail sale of antiques
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.