Gevelplus
ActiveSummary
Gevelplus has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €12k. Equity is growing by ~76.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency86▲+26
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 4.98 in 2024; short-term debt: 23.8% and cash: 75.8% of total assets), and 38.9% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
61.1%
Return on assets
23.9%
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 30-03-2026, 123 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
123 d early
2024
124 d early
2023
120 d early
← 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, micro schema
Equity
€32k▲ 64.1%
2024 · €19k
2023: €2klowest in 3 years
2024: €19k▲ +860% vs 2023
2025: €32k▲ +64.1% vs 2024highest in 3 years
2023 → 2025
Total assets
€52k▼ 5.1%
2024 · €55k
2023: €42klowest in 3 years
2024: €55k▲ +31.5% vs 2023highest in 3 years
2025: €52k▼ -5.1% vs 2024
2023 → 2025
Net result
€12k▼ 28.4%
2024 · €17k
2023: €18lowest in 3 years
2024: €17k▲ +96604% vs 2023highest in 3 years
2025: €12k▼ -28.4% vs 2024
2023 → 2025
Working capital
€40k▼ 8.8%
2024 · €43k
2023: €35klowest in 3 years
2024: €43k▲ +24.2% vs 2023highest in 3 years
2025: €40k▼ -8.8% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€19k▲ 860%€32k▲ 64.1%
2023: €2klowest in 3 years
2024: €19k▲ +860% vs 2023
2025: €32k▲ +64.1% vs 2024highest in 3 years
Operating result€3k-€25k▲ 797%€19k▼ 25.1%
2023: €3klowest in 3 years
2024: €25k▲ +797% vs 2023highest in 3 years
2025: €19k▼ -25.1% vs 2024
Net result€18-€17k▲ 96,604%€12k▼ 28.4%
2023: €18lowest in 3 years
2024: €17k▲ +96604% vs 2023highest in 3 years
2025: €12k▼ -28.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €52k
Equity
€32k ▲ 64.1%
Debt
€20k ▼ 42.9%
Debt's share of the balance-sheet total falls from 64.7% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €25k
Cash flow
€13k▼
2024 · €18k
Current ratio
4.20▼
2024 · 4.98
Debt to equity
0.64▼
2024 · 1.83
ROE
39.1%▼
2024 · 89.6%
ROA
23.9%▼
2024 · 31.7%
Interest coverage
7.24▼
2024 · 9.46
Debt ≤ 1 year
€12k▲
2024 · €11k
Debt > 1 year
€8k▼
2024 · €25k
Income taxes
€4k▼
2024 · €5k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€52k▼
Fixed assets21/28€444-
Tangible fixed assets22/27€444-
Furniture and vehicles24€444-
Current assets29/58€54k€52k▼
Amounts receivable within one year40/41€5k€11k▲
Trade receivables40€5k€11k▲
Cash at bank and in hand54/58€49k€39k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€55k€52k▼
Equity10/15€19k€32k▲
Contributions10/11€2k€2k=
Reserves13€17k€30k▲
Distributable reserves133€17k€30k▲
Profit (loss) carried forward14€67€80▲
Amounts payable17/49€35k€20k▼
Amounts payable after more than one year17€25k€8k▼
Other amounts payable178/9€25k€8k▼
Amounts payable within one year42/48€11k€12k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Other amounts payable47/48€49€49=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€533€444▼
Other operating charges640/8€650€462▼
Gross operating margin9900€26k€19k▼
Operating profit (loss)9901€25k€19k▼
Financial income75/76B€24€7▼
Recurring financial income75€24€7▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€22k€16k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€17k€12k▼
Profit (loss) for the period to be appropriated9905€17k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€12k▼
Profit (loss) brought forward from the previous period14P€18€67▲
Transfer to equity691/2€17k€12k▼
To other reserves6921€17k€12k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €622 | €533 | €444 | ▼ 16.7% |
| Other operating charges640/8 | €513 | €650 | €462 | ▼ 29.0% |
| Gross operating margin9900 | €4k | €26k | €19k | ▼ 25.0% |
| Operating profit (loss)9901 | €3k | €25k | €19k | ▼ 25.1% |
| Financial income75/76B | €0 | €24 | €7 | ▼ 68.7% |
| Recurring financial income75 | €0 | €24 | €7 | ▼ 68.7% |
| Financial charges65/66B | €2k | €3k | €3k | ▼ 1.9% |
| Recurring financial charges65 | €2k | €3k | €3k | ▼ 1.9% |
| Profit (loss) for the period before taxes9903 | €1k | €22k | €16k | ▼ 27.9% |
| Income taxes67/77 | €996 | €5k | €4k | ▼ 26.1% |
| Profit (loss) for the period9904 | €18 | €17k | €12k | ▼ 28.4% |
| Profit (loss) for the period to be appropriated9905 | €18 | €17k | €12k | ▼ 28.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €42k | €55k | €52k | ▼ 5.1% |
| Fixed assets21/28 | €976 | €444 | - | - |
| Tangible fixed assets22/27 | €976 | €444 | - | - |
| Furniture and vehicles24 | €976 | €444 | - | - |
| Current assets29/58 | €41k | €54k | €52k | ▼ 4.3% |
| Amounts receivable within one year40/41 | €8k | €5k | €11k | ▲ 138% |
| Trade receivables40 | €8k | €5k | €11k | ▲ 138% |
| Cash at bank and in hand54/58 | €33k | €49k | €39k | ▼ 18.8% |
| Deferred charges and accrued income490/1 | €230 | €1k | €2k | ▲ 32.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €42k | €55k | €52k | ▼ 5.1% |
| Equity10/15 | €2k | €19k | €32k | ▲ 64.1% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | - | €17k | €30k | ▲ 71.7% |
| Distributable reserves133 | - | €17k | €30k | ▲ 71.7% |
| Profit (loss) carried forward14 | €18 | €67 | €80 | ▲ 19.8% |
| Amounts payable17/49 | €40k | €35k | €20k | ▼ 42.9% |
| Amounts payable after more than one year17 | €34k | €25k | €8k | ▼ 68.0% |
| Other amounts payable178/9 | €34k | €25k | €8k | ▼ 68.0% |
| Amounts payable within one year42/48 | €6k | €11k | €12k | ▲ 13.4% |
| Trade debts44 | €1k | €1k | €2k | ▲ 16.8% |
| Suppliers440/4 | €1k | €1k | €2k | ▲ 16.8% |
| Taxes, remuneration and social security45 | €4k | €9k | €11k | ▲ 13.0% |
| Taxes450/3 | €4k | €9k | €11k | ▲ 13.0% |
| Other amounts payable47/48 | €49 | €49 | €49 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18 | €17k | €12k | ▼ 28.4% |
| + Depreciation and write-downs630 | €622 | €533 | €444 | ▼ 16.7% |
| Operating cash flow (approximation) | €640 | €18k | €13k | ▼ 28.1% |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | €16k | €-9k | ▼ 158% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €17k ▲96,604%
Operating result €25k, net result €17k, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Edegem · 1 establishment unit since 2022
Ground area
886 m²
Building footprint
270 m²
Volume, LiDAR
1,540 m³
Parcel 11472B0089/00T002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zina² Management
since 20222.338.133.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0089/00T002 | Flanders | 886 m² | 1 · 270 m² | 9.5 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 2,904 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43310Plastering work
71111Activities of building architects
74201Photography, excluding press photography
Scores and ratios are computed by Checked and are not a credit decision.