GEVAN
ActiveGEVAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €64k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency46▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.23 in 2024; short-term debt: 54.4% and cash: 26.9% of total assets), and 79.1% 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+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
20.9%
Return on assets
4.1%
Age of the figures
9 mo
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 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
72 d early
2023
19 d early
2022
7 d late
2021
23 d late
2020
33 d early
2019
8 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€331k▼ 0.6%
2024 · €333k
2018: €891k
2019: €506k
2020: €374k
2021: €679k
2022: €853k
2023: €396k
2024: €333k
2018 → 2025
Total assets
€1.58M▲ 3.5%
2024 · €1.53M
2018: €2.22M
2019: €2.15M
2020: €2.32M
2021: €2.03M
2022: €2.31M
2023: €1.75M
2024: €1.53M
2018 → 2025
Net result
€64k▲ 10.8%
2024 · €58k
2018: €213k
2019: €265k
2020: €369k
2021: €280k
2022: €174k
2023: €193k
2024: €58k
2018 → 2025
Working capital
€12k▼ 93.5%
2024 · €184k
2018: €601k
2019: €167k
2020: €-77k
2021: €245k
2022: €182k
2023: €302k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€679k-€853k▲ 25.5%€396k▼ 53.6%€333k▼ 15.8%€331k▼ 0.6%
Operating result€394k-€235k▼ 40.4%€273k▲ 16.2%€84k▼ 69.3%€97k▲ 15.3%
Net result€280k-€174k▼ 37.8%€193k▲ 10.7%€58k▼ 69.9%€64k▲ 10.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€710k▲ 28.4%
Current assets
€872k▼ 10.7%
Equity and liabilities €1.58M
Equity
€331k▼ 0.6%
Debt
€1.25M▲ 4.6%
The debt ratio rises from 78.2% to 79.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€220k▲
2024 · €203k
Cash flow
€188k▲
2024 · €177k
Solvency
20.9%▼
2024 · 21.8%
Current ratio
1.01▼
2024 · 1.23
Quick ratio
0.57▼
2024 · 0.98
Debt / equity
3.77▲
2024 · 3.59
ROE
19.4%▲
2024 · 17.4%
ROA
4.1%▲
2024 · 3.8%
Interest coverage
13.31▲
2024 · 10.46
Debt
€1.25M▲
2024 · €1.20M
Debt ≤ 1 year
€860k▲
2024 · €792k
Debt > 1 year
€370k▲
2024 · €363k
Income taxes
€23k▲
2024 · €17k
Staff costs
€348k▲
2024 · €302k
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€1.53M€1.58M▲
Fixed assets21/28€553k€710k▲
Tangible fixed assets22/27€551k€706k▲
Land and buildings22€444k€411k▼
Plant, machinery and equipment23€83k€204k▲
Furniture and vehicles24€24k€91k▲
Financial fixed assets28€2k€4k▲
Current assets29/58€976k€872k▼
Stocks and contracts in progress3€203k€378k▲
Stocks30/36€203k€378k▲
Amounts receivable within one year40/41€110k€67k▼
Trade receivables40€50k€28k▼
Other amounts receivable41€60k€39k▼
Current investments50/53€400k€0▼
Cash at bank and in hand54/58€259k€425k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.58M▲
Equity10/15€333k€331k▼
Contributions10/11€18k€18k=
Capital10€18k€18k=
Issued capital100€18k€18k=
Reserves13€309k€307k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€307k€305k▼
Profit (loss) carried forward14€0€0=
Investment grants15€6k€6k▼
Amounts payable17/49€1.20M€1.25M▲
Amounts payable after more than one year17€363k€370k▲
Financial debts170/4€363k€370k▲
Amounts payable within one year42/48€792k€860k▲
Current portion of amounts payable after more than one year42€88k€105k▲
Financial debts43€17k€17k▼
Other loans439€17k€17k▼
Trade debts44€584k€676k▲
Suppliers440/4€584k€676k▲
Taxes, remuneration and social security45€42k€60k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€38k€54k▲
Other amounts payable47/48€61k€2k▼
Accrued charges and deferred income492/3€40k€20k▼
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€302k€348k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119k€123k▲
Other operating charges640/8€3k€8k▲
Gross operating margin9900€508k€576k▲
Operating profit (loss)9901€84k€97k▲
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€75k€87k▲
Income taxes67/77€17k€23k▲
Profit (loss) for the period9904€58k€64k▲
Profit (loss) for the period to be appropriated9905€58k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€284k€64k▼
Profit (loss) brought forward from the previous period14P€226k€0▼
Transfer from equity791/2-€2k
Transfer to equity691/2€164k€0▼
To other reserves6921€164k€0▼
Profit to be distributed694/7€120k€66k▼
Return on contributions (dividend)694€120k€66k▼
Social balance
Average headcount (FTE)90879.110.7▲
The notes to these accounts (21 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €58k ▼69.9%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial
Equity above €500kEq €679k ▲81.4%
4 profitable years in a row build equity to €679k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €369k ▲39.3%
Operating result €417k, net result €369k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Anzegem · 1 establishment unit since 1997
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.
Kerkstraat 508570 AnzegemGround area
3,571 m²
Building footprint
1,667 m²
Volume, LiDAR
5,241 m³
Parcel 34002C0120/00T000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AD DELHAIZE
since 19972.081.810.832
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002C0120/00T000 | Flanders | 3,571 m² | 1 · 1,667 m² | 5.8 m · 1 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 · 1,185 EUR awarded · 1,185 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,185 EUR | 1,185 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnzegem2.081.810.832
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CHEZ LEON
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RaanAsia
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Of 10,524 companies in sector 47110 we hold annual accounts for 5,859. 3,667 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-03-1997
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
52114
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.