GEVEM
ActiveSummary
GEVEM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €269,809 and a net result of €102,829. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 37965 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+15
Solvency98▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 3.4 against 1.69 in 2023; short-term debt: 18.2% and cash: 18.9% of total assets), and 27.2% of the assets are financed with debt.
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Signals
Three 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
38 d early
2023
20 d early
2022
20 d early
2021
25 d early
2020
60 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€269,809▲ 39.8%
2023 · €193,055
Total assets
€370,411▲ 12.6%
2023 · €329,039
Net result
€102,829▲ 143%
2023 · €42,363
Working capital
€161,470▲ 168%
2023 · €60,220
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,232€42,847€148,765▲ 247%€77,676▼ 47.8%€164,415▲ 112%
Net result-€2,636below the sector's middle half€27,796within the sector's middle half€95,267above the sector's middle half▲ 243%€42,363within the sector's middle half▼ 55.5%€102,829above the sector's middle half▲ 143%
Equity€67,046within the sector's middle half▼ 22.9%€94,842within the sector's middle half▲ 41.5%€180,778within the sector's middle half▲ 90.6%€193,055within the sector's middle half▲ 6.8%€269,809above the sector's middle half▲ 39.8%
Total assets€159,617within the sector's middle half▼ 22.2%€113,912within the sector's middle half▼ 28.6%€355,499within the sector's middle half▲ 212%€329,039within the sector's middle half▼ 7.4%€370,411within the sector's middle half▲ 12.6%
Debt€92,571▼ 21.8%€19,070▼ 79.4%€174,721▲ 816%€135,984▼ 22.2%€100,601▼ 26.0%
Working capital€24,581within the sector's middle half▼ 36.0%€67,826within the sector's middle half▲ 176%€44,513within the sector's middle half▼ 34.4%€60,220within the sector's middle half▲ 35.3%€161,470above the sector's middle half▲ 168%
Solvency42.0%within the sector's middle half▼ 0.4pp83.3%above the sector's middle half▲ 41.3pp50.9%within the sector's middle half▼ 32.4pp58.7%within the sector's middle half▲ 7.8pp72.8%within the sector's middle half▲ 14.2pp
Current ratio1.44within the sector's middle half▼ 0.254.56above the sector's middle half▲ 3.111.40within the sector's middle half▼ 3.151.69within the sector's middle half▲ 0.293.40within the sector's middle half▲ 1.70
Return on assets (ROA)-1.7%below the sector's middle half▼ 2.4pp24.4%within the sector's middle half▲ 26.1pp26.8%within the sector's middle half▲ 2.4pp12.9%within the sector's middle half▼ 13.9pp27.8%within the sector's middle half▲ 14.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 112% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €370,411
Fixed assets
€141,531 ▼ 22.2%
Current assets
€228,879 ▲ 55.5%
Equity and liabilities €370,411
Equity
€269,809 ▲ 39.8%
Debt
€100,601 ▼ 26.0%
Debt's share of the balance-sheet total falls from 41.3% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€204,695▲
2023 · €116,382
Cash flow
€143,109▲
2023 · €81,070
Debt to equity
0.37▼
2023 · 0.70
ROE
38.1%▲
2023 · 21.9%
Interest coverage
76.30▲
2023 · 34.76
Debt ≤ 1 year
€67,410▼
2023 · €87,007
Debt > 1 year
€32,792▼
2023 · €48,977
Income taxes
€58,907▲
2023 · €31,965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €826 | €21,667 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,687 | €17,944 | €7,336 | €38,706 | €40,280 | ▲ 4.1% |
| Other operating charges640/8 | - | €2,298 | €4,455 | €17,162 | €4,597 | ▼ 73.2% |
| Non-recurring operating charges66A | - | €2,812 | - | - | - | - |
| Gross operating margin9900 | €36,175 | €65,901 | €160,556 | €133,544 | €209,292 | ▲ 56.7% |
| Operating profit (loss)9901 | -€1,232 | €42,847 | €148,765 | €77,676 | €164,415 | ▲ 112% |
| Financial income75/76B | - | - | €1 | €1 | €4 | ▲ 386% |
| Recurring financial income75 | €11 | - | €1 | €1 | €4 | ▲ 386% |
| Financial charges65/66B | - | €908 | €499 | €3,348 | €2,683 | ▼ 19.9% |
| Recurring financial charges65 | €1,174 | €908 | €499 | €3,348 | €2,683 | ▼ 19.9% |
| Profit (loss) for the period before taxes9903 | -€2,395 | €41,939 | €148,266 | €74,329 | €161,735 | ▲ 118% |
| Income taxes67/77 | €240 | €14,143 | €52,999 | €31,965 | €58,907 | ▲ 84.3% |
| Profit (loss) for the period9904 | -€2,636 | €27,796 | €95,267 | €42,363 | €102,829 | ▲ 143% |
| Profit (loss) for the period to be appropriated9905 | -€2,636 | €27,796 | €95,267 | €42,363 | €102,829 | ▲ 143% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €159,617 | €113,912 | €355,499 | €329,039 | €370,411 | ▲ 12.6% |
| Fixed assets21/28 | €79,639 | €27,016 | €200,825 | €181,812 | €141,531 | ▼ 22.2% |
| Tangible fixed assets22/27 | €79,639 | €27,016 | €200,825 | €181,812 | €141,531 | ▼ 22.2% |
| Land and buildings22 | - | €15,904 | €44,024 | €53,471 | €47,146 | ▼ 11.8% |
| Plant, machinery and equipment23 | - | €2,079 | €44,841 | €35,726 | €26,611 | ▼ 25.5% |
| Furniture and vehicles24 | - | €9,033 | €3,800 | €6,315 | €3,334 | ▼ 47.2% |
| Leasing and similar rights25 | - | - | €108,160 | €86,300 | €64,441 | ▼ 25.3% |
| Current assets29/58 | €79,978 | €86,896 | €154,674 | €147,227 | €228,879 | ▲ 55.5% |
| Stocks and contracts in progress3 | €362 | €362 | €362 | €362 | €0 | ▼ 100% |
| Stocks30/36 | - | €362 | €362 | €362 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €37,697 | €50,318 | €66,950 | €40,500 | €6,628 | ▼ 83.6% |
| Trade receivables40 | - | €36,923 | €66,950 | €36,900 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €13,394 | - | €3,600 | €6,628 | ▲ 84.1% |
| Current investments50/53 | - | - | - | - | €150,000 | - |
| Cash at bank and in hand54/58 | €33,048 | €35,105 | €84,834 | €103,084 | €69,860 | ▼ 32.2% |
| Deferred charges and accrued income490/1 | - | €1,111 | €2,528 | €3,281 | €2,391 | ▼ 27.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €159,617 | €113,912 | €355,499 | €329,039 | €370,411 | ▲ 12.6% |
| Equity10/15 | €67,046 | €94,842 | €180,778 | €193,055 | €269,809 | ▲ 39.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €0 | ▼ 100% |
| Reserves13 | €48,446 | €76,242 | €162,178 | €174,455 | €269,809 | ▲ 54.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €74,382 | €160,318 | €174,455 | €269,809 | ▲ 54.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €92,571 | €19,070 | €174,721 | €135,984 | €100,601 | ▼ 26.0% |
| Amounts payable after more than one year17 | €37,174 | - | €64,560 | €48,977 | €32,792 | ▼ 33.0% |
| Financial debts170/4 | - | - | €64,560 | €48,977 | €32,792 | ▼ 33.0% |
| Amounts payable within one year42/48 | €55,397 | €19,070 | €110,161 | €87,007 | €67,410 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | - | - | €15,003 | €15,583 | €16,185 | ▲ 3.9% |
| Financial debts43 | - | €4,180 | - | - | - | - |
| Credit institutions430/8 | - | €4,180 | - | - | - | - |
| Trade debts44 | €122 | - | €39,774 | €920 | €2,074 | ▲ 125% |
| Suppliers440/4 | - | - | €39,774 | €920 | €2,074 | ▲ 125% |
| Taxes, remuneration and social security45 | - | €326 | €32,833 | €40,417 | €7,338 | ▼ 81.8% |
| Taxes450/3 | - | €326 | €32,833 | €40,417 | €7,338 | ▼ 81.8% |
| Other amounts payable47/48 | - | €14,564 | €22,551 | €30,087 | €41,812 | ▲ 39.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €400 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,636 | €27,796 | €95,267 | €42,363 | €102,829 | ▲ 143% |
| + Depreciation and write-downs630 | €33,687 | €17,944 | €7,336 | €38,706 | €40,280 | ▲ 4.1% |
| Operating cash flow (approximation) | €31,052 | €45,740 | €102,604 | €81,070 | €143,109 | ▲ 76.5% |
| Investment in fixed assets (approximation) | - | €34,679 | -€181,146 | -€19,693 | -€0 | ▲ 100.0% |
| Change in cash | - | €2,058 | €49,729 | €18,250 | -€33,224 | ▼ 282% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €102,829 ▲143%
Operating result €164,415, net result €102,829, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.40
Current ratio from 1.69 to 3.40; short-term debt falls from €87,007 to €67,410.
31-12
Financial
Equity above €200,000Eq €269,809 ▲39.8%
4 profitable years in a row build equity to €269,809.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €180,778 ▲90.6%
2 profitable years in a row build equity to €180,778.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €27,796
Net result €27,796 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.56
Current ratio from 1.44 to 4.56; short-term debt falls from €55,397 to €19,070.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€2,636
Net result drops to -€2,636, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
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 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, Assenede · 1 establishment unit since 2009
Ground area
1.0 ha
Building footprint
224 m²
Volume, LiDAR
1,072 m³
Parcel 43003B0648/00B000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEVEM
since 20092.179.834.082
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43003B0648/00B000 | Flanders | 1.0 ha | 1 · 224 m² | 8.8 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 82,646 companies in sector 70200 we hold annual accounts for 52,627. 38,664 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
Founded03-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
01430Raising of horses and other equines
01700Crop and animal production, hunting and related service activities
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0816765140
Registered
09-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.