GEVARU
ActiveSummary
GEVARU has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €430k and a net result of €-16k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-44
Solvency89=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.0 in 2024; short-term debt: 21.1% and cash: 0.2% of total assets), and 36.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
35 d early
2023
1 d early
2022
3 d early
2021
12 d late
2020
13 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€430k▼ 3.7%
2024 · €446k
2018: €269klowest in 8 years
2019: €278k▲ +3.2% vs 2018
2020: €281k▲ +1.3% vs 2019
2021: €380k▲ +35.0% vs 2020
2022: €400k▲ +5.4% vs 2021
2023: €406k▲ +1.4% vs 2022
2024: €446k▲ +10.0% vs 2023highest in 8 years
2025: €430k▼ -3.7% vs 2024
2018 → 2025
Total assets
€673k▼ 3.3%
2024 · €696k
2018: €677k
2019: €674k▼ -0.4% vs 2018
2020: €678k▲ +0.6% vs 2019
2021: €712k▲ +5.0% vs 2020highest in 8 years
2022: €702k▼ -1.4% vs 2021
2023: €673k▼ -4.1% vs 2022
2024: €696k▲ +3.4% vs 2023
2025: €673k▼ -3.3% vs 2024lowest in 8 years
2018 → 2025
Net result
€-16k
2024 · €40k
2018: €5k
2019: €9k▲ +59.0% vs 2018
2020: €4k▼ -57.5% vs 2019
2021: €98k▲ +2573% vs 2020highest in 8 years
2022: €20k▼ -79.3% vs 2021
2023: €6k▼ -72.5% vs 2022
2024: €40k▲ +622% vs 2023
2025: €-16k▼ -141% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-4k▼ 1,339%
2024 · €-279
2018: €-76k
2019: €-84k▼ -9.9% vs 2018
2020: €-72k▲ +14.5% vs 2019
2021: €-94k▼ -31.1% vs 2020lowest in 8 years
2022: €-73k▲ +22.7% vs 2021
2023: €-54k▲ +25.7% vs 2022
2024: €-279▲ +99.5% vs 2023highest in 8 years
2025: €-4k▼ -1339% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€380k-€400k▲ 5.4%€406k▲ 1.4%€446k▲ 10.0%€430k▼ 3.7%
2021: €380klowest in 5 years
2022: €400k▲ +5.4% vs 2021
2023: €406k▲ +1.4% vs 2022
2024: €446k▲ +10.0% vs 2023highest in 5 years
2025: €430k▼ -3.7% vs 2024
Operating result€145k-€33k▼ 77.2%€19k▼ 42.5%€70k▲ 268%€-12k
2021: €145khighest in 5 years
2022: €33k▼ -77.2% vs 2021
2023: €19k▼ -42.5% vs 2022
2024: €70k▲ +268% vs 2023
2025: €-12k▼ -117% vs 2024lowest in 5 years
Net result€98k-€20k▼ 79.3%€6k▼ 72.5%€40k▲ 622%€-16k
2021: €98khighest in 5 years
2022: €20k▼ -79.3% vs 2021
2023: €6k▼ -72.5% vs 2022
2024: €40k▲ +622% vs 2023
2025: €-16k▼ -141% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €70k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €673k
Fixed assets
€535k ▼ 5.5%
Current assets
€138k ▲ 6.1%
Equity and liabilities €673k
Equity
€430k ▼ 3.7%
Provisions
€20k ▼ 9.6%
Debt
€223k ▼ 2.0%
Debt's share of the balance-sheet total rises from 32.7% to 33.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €101k
Cash flow
€15k▼
2024 · €72k
Current ratio
0.97▼
2024 · 1.00
Debt to equity
0.52▲
2024 · 0.51
ROE
-3.8%▼
2024 · 9.1%
ROA
-2.4%▼
2024 · 5.8%
Interest coverage
1.91▼
2024 · 11.89
Debt ≤ 1 year
€142k▲
2024 · €130k
Debt > 1 year
€79k▼
2024 · €96k
Income taxes
€281▼
2024 · €26k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€696k€673k▼
Fixed assets21/28€566k€535k▼
Tangible fixed assets22/27€444k€413k▼
Land and buildings22€442k€412k▼
Furniture and vehicles24€1k€982▼
Financial fixed assets28€123k€123k=
Current assets29/58€130k€138k▲
Amounts receivable after more than one year29€52k€52k=
Other amounts receivable291€52k€52k=
Amounts receivable within one year40/41€69k€83k▲
Trade receivables40€26k€26k▲
Other amounts receivable41€43k€58k▲
Cash at bank and in hand54/58€8k€1k▼
Deferred charges and accrued income490/1€1k€954▼
Equity and liabilities
Total equity and liabilities10/49€696k€673k▼
Equity10/15€446k€430k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€384k€378k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€73k€66k▼
Distributable reserves133€305k€305k=
Profit (loss) carried forward14-€-10k
Provisions and deferred taxes16€22k€20k▼
Deferred taxes168€22k€20k▼
Amounts payable17/49€228k€223k▼
Amounts payable after more than one year17€96k€79k▼
Financial debts170/4€96k€79k▼
Amounts payable within one year42/48€130k€142k▲
Current portion of amounts payable after more than one year42€16k€17k▲
Financial debts43€31k€25k▼
Credit institutions430/8€31k€25k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€36k€33k▼
Taxes450/3€36k€33k▼
Other amounts payable47/48€45k€63k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€68k
Other operating charges640/8€9k€4k▼
Gross operating margin9900€110k€91k▼
Operating profit (loss)9901€70k€-12k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€64k€-18k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€26k€281▼
Profit (loss) for the period9904€40k€-16k▼
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€47k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€-10k▼
Transfer to equity691/2€47k€0▼
To other reserves6921€47k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €32k | €32k | €31k | €31k | ▼ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €68k | - |
| Other operating charges640/8 | €4k | €5k | €9k | €9k | €4k | ▼ 51.3% |
| Gross operating margin9900 | €180k | €69k | €60k | €110k | €91k | ▼ 17.4% |
| Operating profit (loss)9901 | €145k | €33k | €19k | €70k | €-12k | ▼ 117% |
| Financial income75/76B | €3k | €3k | €2k | €3k | €4k | ▲ 46.9% |
| Recurring financial income75 | €3k | €3k | €2k | €3k | €4k | ▲ 46.9% |
| Financial charges65/66B | €6k | €6k | €11k | €9k | €10k | ▲ 17.7% |
| Recurring financial charges65 | €6k | €6k | €11k | €9k | €10k | ▲ 17.7% |
| Profit (loss) for the period before taxes9903 | €143k | €30k | €10k | €64k | €-18k | ▼ 129% |
| Transfer from deferred taxes780 | €2k | €2k | €2k | €2k | €2k | = |
| Income taxes67/77 | €46k | €11k | €6k | €26k | €281 | ▼ 98.9% |
| Profit (loss) for the period9904 | €98k | €20k | €6k | €40k | €-16k | ▼ 141% |
| Transfer from tax-exempt reserves789 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) for the period to be appropriated9905 | €105k | €27k | €12k | €47k | €-10k | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €712k | €702k | €673k | €696k | €673k | ▼ 3.3% |
| Fixed assets21/28 | €647k | €628k | €598k | €566k | €535k | ▼ 5.5% |
| Tangible fixed assets22/27 | €525k | €506k | €475k | €444k | €413k | ▼ 7.0% |
| Land and buildings22 | €520k | €503k | €473k | €442k | €412k | ▼ 6.9% |
| Plant, machinery and equipment23 | €700 | - | - | - | - | - |
| Furniture and vehicles24 | €3k | €3k | €2k | €1k | €982 | ▼ 31.4% |
| Financial fixed assets28 | €123k | €123k | €123k | €123k | €123k | = |
| Current assets29/58 | €65k | €73k | €75k | €130k | €138k | ▲ 6.1% |
| Amounts receivable after more than one year29 | - | €52k | €52k | €52k | €52k | = |
| Other amounts receivable291 | - | €52k | €52k | €52k | €52k | = |
| Amounts receivable within one year40/41 | €64k | €14k | €9k | €69k | €83k | ▲ 21.0% |
| Trade receivables40 | €4k | €11k | - | €26k | €26k | ▲ 0.1% |
| Other amounts receivable41 | €60k | €3k | €9k | €43k | €58k | ▲ 33.4% |
| Cash at bank and in hand54/58 | - | €7k | €14k | €8k | €1k | ▼ 81.9% |
| Deferred charges and accrued income490/1 | €1k | €430 | €587 | €1k | €954 | ▼ 9.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €712k | €702k | €673k | €696k | €673k | ▼ 3.3% |
| Equity10/15 | €380k | €400k | €406k | €446k | €430k | ▼ 3.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €318k | €338k | €344k | €384k | €378k | ▼ 1.6% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €92k | €85k | €79k | €73k | €66k | ▼ 8.7% |
| Distributable reserves133 | €220k | €247k | €259k | €305k | €305k | = |
| Profit (loss) carried forward14 | - | - | - | - | €-10k | - |
| Provisions and deferred taxes16 | €28k | €26k | €24k | €22k | €20k | ▼ 9.6% |
| Deferred taxes168 | €28k | €26k | €24k | €22k | €20k | ▼ 9.6% |
| Amounts payable17/49 | €304k | €276k | €243k | €228k | €223k | ▼ 2.0% |
| Amounts payable after more than one year17 | €143k | €128k | €112k | €96k | €79k | ▼ 17.2% |
| Financial debts170/4 | €143k | €128k | €112k | €96k | €79k | ▼ 17.2% |
| Amounts payable within one year42/48 | €159k | €146k | €129k | €130k | €142k | ▲ 9.0% |
| Current portion of amounts payable after more than one year42 | €15k | €14k | €14k | €16k | €17k | ▲ 2.3% |
| Financial debts43 | €27k | €25k | €31k | €31k | €25k | ▼ 18.7% |
| Credit institutions430/8 | €27k | €25k | €31k | €31k | €25k | ▼ 18.7% |
| Trade debts44 | €19k | €652 | €3k | €2k | €4k | ▲ 62.3% |
| Suppliers440/4 | €19k | €652 | €3k | €2k | €4k | ▲ 62.3% |
| Taxes, remuneration and social security45 | €86k | €67k | €38k | €36k | €33k | ▼ 7.6% |
| Taxes450/3 | €86k | €67k | €38k | €36k | €33k | ▼ 7.6% |
| Other amounts payable47/48 | €12k | €39k | €43k | €45k | €63k | ▲ 41.2% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | €2k | €2k | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98k | €20k | €6k | €40k | €-16k | ▼ 141% |
| + Depreciation and write-downs630 | €31k | €32k | €32k | €31k | €31k | ▼ 1.0% |
| Operating cash flow (approximation) | €129k | €52k | €37k | €72k | €15k | ▼ 79.6% |
| Investment in fixed assets (approximation) | - | €-13k | €-849 | €0 | €0 | - |
| Change in cash | - | - | €7k | €-6k | €-6k | ▼ 0.4% |
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
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €98k ▲2,573%
Operating result €145k, net result €98k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Nazareth-De Pinte · 1 establishment unit since 1992
Ground area
1,216 m²
Building footprint
271 m²
Volume, LiDAR
859 m³
2 parcels, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pieter Colpaertsteeg 30, 9000 Gent
since 19922.057.080.681
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012C0194/00C003 | Flanders | 1,134 m² | 1 · 196 m² | 7.0 m · 2 fl. |
| 44806F0400/00P002 | Flanders | 82 m² | 1 · 75 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,833 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.