Equity
-€121,364
Debts exceed assets in financial year 2025.
GV
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €61,270 (2013)
€42,797▼ 15.8%
lowest -€114,799 (2017)
€6,275▼ 69.1%
peak €91,650 (2014)
-€121,364▲ €6,275
€244,116▲ 2.4%
peak 0.5 FTE (2017)
-not published
Board2 names since 2004
1 director
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €50,850 to €42,797Result from €20,299 to €6,275Cash from €7,304 to €18,055
Key points
from the 2025 annual accountsTurnover
≈ €500,000 estimated
The micro format states no turnover.
Debts
€244,116 199% of the balance sheet
Financial debts 86%Suppliers 0%Taxes and wages 1%Other 13%
Of this, €34,192 falls due within a year.
Liquidity
1.11 was 1.74 in 2024
Short-term debts rose from €14,547 to €34,192.
Filings
21 annual accounts since 2005
Six of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.
Position in the sector
-€121,364
Less equity than 95% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as GV has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,794 companies, not a prediction for GV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0863942871
Changes of role: (director) and (director)
Director discharge: · Director discharge: · General meeting of 20-03-2024 · Gazette deed
New establishment in Oudenaarde
Den express, Stationsplein 91
First establishment
Hofkouterstraat 45, Gavere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GV Gavere | €122,752 | €42,797 | -98.9% | - |
| DEEP EN ZONEN Sint-Niklaas | €138,135 | €40,407 | 66.3% | - |
| AGORA Sint-Niklaas | €114,990 | €42,290 | 93.5% | - |
| SPINGHAR Brussels | €131,165 | €40,922 | 53.1% | - |
| DOK TRADING Fléron | €117,311 | €39,602 | 26.8% | - |
| MWM 2 Leuven | €123,223 | €36,221 | -170.2% | - |
| bavis Brussels | €111,164 | €37,365 | 28.0% | - |
These companies have the same main activity as GV: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €111,000 and €138,000, founded between 2000 and 2005.
Official details
Source: KBO- Status
- Active since 10-03-2004Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 2 others
- Establishment units
- 2.136.314.4399890 Gavere, since 01-04-2004
- 2.240.440.7719700 Oudenaarde, since 01-01-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 03-01-2025
Insights on GV
GV files the micro format. That format states no turnover. The gross margin rose from €25,497 in 2006 to €42,797 in 2025.
The balance sheet grew most in 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GV
- What is the company number of GV?
- The company number of GV is 0863.942.871. The VAT number is the same number with BE in front: BE 0863.942.871.
- Where is GV based?
- The registered office is at Hofkouterstraat 45, 9890 Gavere.Company details
- What does GV do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of GV?
- GV is a private limited company (BV).
- When was GV founded?
- GV was founded on 10-03-2004.
- Is GV still active?
- Yes, GV is an active enterprise in the KBO register.
- How many employees does GV have?
- GV had an average of 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of GV?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €42,797 and 168 comparable companies (NACE 47110). It probably lies between €330,000 and €770,000.
- Is GV profitable?
- In financial year 2025, GV made a profit of €6,275.
- Where can I find the annual accounts of GV?
- GV filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GV due?
- GV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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