GEVANO
ActiveSummary
For GEVANO, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €116,821 and a net result of €11,802. Equity is growing by ~8% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability81▲+6
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
94.9%
Return on assets
9.6%
Age of the figures
45 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-07-2023, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
18 d early
2021
27 d early
2020
4 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€116,821▲ 11.2%
2021 · €105,020
Total assets
€123,047▲ 13.2%
2021 · €108,718
Net result
€11,802▲ 106%
2021 · €5,729
Working capital
€25,416▲ 131%
2021 · €10,991
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€6,662-€4,961▼ 25.5%€9,565▲ 92.8%€5,795▼ 39.4%€15,343▲ 165%
Net result€10,186-€4,928▼ 51.6%€9,532▲ 93.4%€5,729▼ 39.9%€11,802▲ 106%
Equity€86,678-€89,759▲ 3.6%€99,291▲ 10.6%€105,020▲ 5.8%€116,821▲ 11.2%
Total assets€140,083-€103,893▼ 25.8%€106,363▲ 2.4%€108,718▲ 2.2%€123,047▲ 13.2%
Debt€53,405-€14,134▼ 73.5%€7,072▼ 50.0%€3,699▼ 47.7%€6,226▲ 68.3%
Working capital-€14,986--€8,956▲ 40.2%€5,384€10,991▲ 104%€25,416▲ 131%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 165% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €123,047
Fixed assets
€91,405 ▼ 3.4%
Current assets
€31,642 ▲ 124%
Equity and liabilities €123,047
Equity
€116,821 ▲ 11.2%
Debt
€6,226 ▲ 68.3%
Debt's share of the balance-sheet total rises from 3.4% to 5.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,693▲
2021 · €15,120
Cash flow
€21,151▲
2021 · €15,053
Current ratio
5.08▲
2021 · 4.54
Debt to equity
0.05▲
2021 · 0.04
ROE
10.1%▲
2021 · 5.5%
ROA
9.6%▲
2021 · 5.3%
Interest coverage
342.96▲
2021 · 226.51
Debt ≤ 1 year
€6,226▲
2021 · €3,109
Income taxes
€3,743
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,458 | €10,707 | €10,535 | €9,324 | €9,350 | ▲ 0.3% |
| Other operating charges640/8 | - | - | - | €5,753 | €5,868 | ▲ 2.0% |
| Gross operating margin9900 | €21,416 | €20,672 | €25,801 | €20,873 | €30,561 | ▲ 46.4% |
| Operating profit (loss)9901 | €6,662 | €4,961 | €9,565 | €5,795 | €15,343 | ▲ 165% |
| Financial income75/76B | - | - | - | €0 | €274 | ▲ 2,737,300% |
| Recurring financial income75 | €3,619 | - | - | €0 | €274 | ▲ 2,737,300% |
| Financial charges65/66B | - | - | - | €67 | €72 | ▲ 7.9% |
| Recurring financial charges65 | €95 | €33 | €33 | €67 | €72 | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | €10,186 | €4,928 | €9,532 | €5,729 | €15,545 | ▲ 171% |
| Income taxes67/77 | €0 | - | - | - | €3,743 | - |
| Profit (loss) for the period9904 | €10,186 | €4,928 | €9,532 | €5,729 | €11,802 | ▲ 106% |
| Transfer from tax-exempt reserves789 | - | - | - | €2,136 | €2,136 | = |
| Profit (loss) for the period to be appropriated9905 | €12,321 | €7,063 | €11,667 | €7,864 | €13,937 | ▲ 77.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,083 | €103,893 | €106,363 | €108,718 | €123,047 | ▲ 13.2% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €108,340 | €98,716 | €93,907 | €94,619 | €91,405 | ▼ 3.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €108,340 | €98,716 | €93,907 | €94,619 | €91,405 | ▼ 3.4% |
| Land and buildings22 | - | - | - | €68,245 | €63,263 | ▼ 7.3% |
| Plant, machinery and equipment23 | - | - | - | €25,936 | €28,004 | ▲ 8.0% |
| Furniture and vehicles24 | - | - | - | €438 | €138 | ▼ 68.4% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €38,419 | €5,178 | €12,456 | €14,100 | €31,642 | ▲ 124% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | - | - | €8,295 | - |
| Other amounts receivable41 | - | - | - | - | €8,295 | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €34,800 | €5,178 | €12,456 | €14,100 | €23,347 | ▲ 65.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,083 | €103,893 | €106,363 | €108,718 | €123,047 | ▲ 13.2% |
| Equity10/15 | €86,678 | €89,759 | €99,291 | €105,020 | €116,821 | ▲ 11.2% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | €36,725 | €32,454 | €37,791 | €43,520 | €55,321 | ▲ 27.1% |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | = |
| Tax-exempt reserves132 | - | - | - | €22,033 | €19,897 | ▼ 9.7% |
| Distributable reserves133 | - | - | - | €15,337 | €29,274 | ▲ 90.9% |
| Profit (loss) carried forward14 | -€26,900 | -€4,195 | -€11,258 | - | - | - |
| Amounts payable17/49 | €53,405 | €14,134 | €7,072 | €3,699 | €6,226 | ▲ 68.3% |
| Amounts payable within one year42/48 | €53,405 | €14,134 | €7,072 | €3,109 | €6,226 | ▲ 100% |
| Trade debts44 | €1,373 | €88 | €157 | €455 | €182 | ▼ 60.0% |
| Suppliers440/4 | - | - | - | €455 | €182 | ▼ 60.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,743 | - |
| Taxes450/3 | - | - | - | - | €3,743 | - |
| Other amounts payable47/48 | - | - | - | €2,653 | €2,300 | ▼ 13.3% |
| Accrued charges and deferred income492/3 | - | - | - | €590 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,186 | €4,928 | €9,532 | €5,729 | €11,802 | ▲ 106% |
| + Depreciation and write-downs630 | €12,458 | €10,707 | €10,535 | €9,324 | €9,350 | ▲ 0.3% |
| Operating cash flow (approximation) | €22,644 | €15,635 | €20,066 | €15,053 | €21,151 | ▲ 40.5% |
| Investment in fixed assets (approximation) | - | -€1,083 | -€5,726 | -€10,036 | -€6,136 | ▲ 38.9% |
| Change in cash | - | -€29,622 | €7,278 | €1,644 | €9,247 | ▲ 463% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €11,802 ▲106%
Operating result €15,343, net result €11,802, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.54
Current ratio from 1.76 to 4.54; short-term debt falls from €7,072 to €3,109.
31-12
Financial
Equity above €100,000Eq €105,020 ▲5.8%
4 profitable years in a row build equity to €105,020.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial
Liquidity times 5current ratio 1.76
Current ratio from 0.37 to 1.76; short-term debt falls from €14,134 to €7,072.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €4,928 ▼51.6%
Net result drops to €4,928, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Show earlier events
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
20-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 1993
Ground area
331 m²
Building footprint
161 m²
Volume, LiDAR
767 m³
Parcel 35383C0397/00G003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nachtegalenlaan 24, 8400 Oostende
since 19932.063.476.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35383C0397/00G003 | Flanders | 331 m² | 1 · 161 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formLimited partnership
Founded29-06-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
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