GPV-i.e
ActiveGPV-i.e has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-38
Solvency61▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.97 in 2024; short-term debt: 22.5% and cash: 45.4% of total assets), but 63.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
36.1%
Return on assets
4.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year €147k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
19 d late
2024
64 d early
2023
30 d late
2022
32 d early
2021
25 d late
2020
61 d late
2018
666 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2021 · €0
2021: €0
2021 → 2022
Total assets
€409k▼ 5.8%
2024 · €434k
2018: €68k
2020: €82k
2021: €56k
2022: €50k
2023: €105k
2024: €434k
2018 → 2025
Net result
€20k▼ 80.2%
2024 · €101k
2018: €20k
2020: €-10k
2021: €-24k
2022: €19k
2023: €48k
2024: €101k
2018 → 2025
Working capital
€113k▲ 2.3%
2024 · €111k
2018: €50k
2020: €38k
2021: €14k
2022: €26k
2023: €67k
2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€14k-€26k▲ 86.6%€67k▲ 162%€140k▲ 108%€147k▲ 5.1%
Operating result€-22k-€22k€62k▲ 174%€134k▲ 118%€34k▼ 74.8%
Net result€-24k-€19k€48k▲ 160%€101k▲ 109%€20k▼ 80.2%
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 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€203k▼ 2.6%
Current assets
€205k▼ 8.8%
Equity and liabilities €409k
Equity
€147k▲ 5.1%
Debt
€261k▼ 11.0%
The debt ratio falls from 67.6% to 63.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €171k
Cash flow
€27k▼
2024 · €138k
Solvency
36.1%▲
2024 · 32.4%
Current ratio
2.23▲
2024 · 1.97
Quick ratio
2.23▲
2024 · 1.97
Debt / equity
1.77▼
2024 · 2.09
ROE
13.5%▼
2024 · 71.9%
ROA
4.9%▼
2024 · 23.3%
Interest coverage
4.21▼
2024 · 52.05
Debt
€261k▼
2024 · €293k
Debt ≤ 1 year
€92k▼
2024 · €114k
Debt > 1 year
€169k▼
2024 · €179k
Income taxes
€7k▼
2024 · €31k
Staff costs
€3k▼
2024 · €12k
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€434k€409k▼
Fixed assets21/28€209k€203k▼
Tangible fixed assets22/27€209k€203k▼
Land and buildings22€209k€203k▼
Furniture and vehicles24€0-
Current assets29/58€225k€205k▼
Amounts receivable after more than one year29-€17k
Other amounts receivable291-€17k
Amounts receivable within one year40/41€53k-
Trade receivables40€28k-
Other amounts receivable41€25k-
Cash at bank and in hand54/58€165k€185k▲
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€434k€409k▼
Equity10/15€140k€147k▲
Contributions10/11€12k€19k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€126k€127k▲
Amounts payable17/49€293k€261k▼
Amounts payable after more than one year17€179k€169k▼
Financial debts170/4€179k€169k▼
Amounts payable within one year42/48€114k€92k▼
Current portion of amounts payable after more than one year42€10k€10k▼
Trade debts44€22k€17k▼
Suppliers440/4€22k€17k▼
Taxes, remuneration and social security45€58k€50k▼
Taxes450/3€58k€50k▼
Remuneration and social security454/9€497-
Other amounts payable47/48€24k€16k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€12k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k-
Other operating charges640/8€1k€2k▲
Gross operating margin9900€211k€46k▼
Operating profit (loss)9901€134k€34k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€3k€10k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€132k€27k▼
Income taxes67/77€31k€7k▼
Profit (loss) for the period9904€101k€20k▼
Profit (loss) for the period to be appropriated9905€101k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€154k€146k▼
Profit (loss) brought forward from the previous period14P€53k€126k▲
Profit to be distributed694/7€28k€19k▼
Return on contributions (dividend)694€28k€19k▼
The notes to these accounts (7 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €101k ▲109%
Operating result €134k, net result €101k, both a record.
31-12
Financial
Equity above €100kEq €140k ▲108%
3 profitable years in a row build equity to €140k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 666 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Saint-Nicolas · 1 establishment unit since 2015
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.
Chaussée Roosevelt 162B4420 Saint-NicolasGround area
207 m²
Building footprint
117 m²
Volume, LiDAR
1,259 m³
Parcel 62073B0069/00C000, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GPVie
since 20152.248.479.301
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62073B0069/00C000 | Wallonia | 207 m² | 1 · 117 m² | 12.1 m · 4 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesGPVie SRL42432
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2015
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.