GV PROPERTIES
ActiveSummary
The computed 12-month bankruptcy probability of GV PROPERTIES is 1.8% (moderate). The 2025 annual accounts show equity of €146k and a net result of €17k. Equity is growing by ~23.5% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-3
Solvency63▲+6
Growth70=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.04 in 2024; short-term debt: 41.3% and cash: 1.7% of total assets), and 61.9% 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
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
38.1%
Return on assets
4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
26 d late
2022
29 d late
2020
26 d late
2019
69 d late
2018
29 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
Turnover
€76k▲ 6.8%
2022 · €71k
2022: €71k
2023: €76k▲ +6.8% vs 2022
2022 → 2023
EBIT margin
45.1%▼ 8.0pp
2022 · 53.1%
2022: 53.1%
2023: 45.1%▼ -15.0% vs 2022
2022 → 2023
Net result
€17k▼ 36.3%
2024 · €27k
2018: €6k
2019: €22k▲ +268% vs 2018
2020: €-3k▼ -115% vs 2019lowest value
2022: €32k
2023: €34k▲ +6.9% vs 2022highest value
2024: €27k▼ -19.9% vs 2023
2025: €17k▼ -36.3% vs 2024
2018 → 2025
Working capital
€-152k▼ 10.7%
2024 · €-137k
2018: €-118k
2019: €-112k▲ +4.9% vs 2018
2020: €-83k▲ +26.1% vs 2019highest value
2022: €-129k
2023: €-133k▼ -3.2% vs 2022
2024: €-137k▼ -3.0% vs 2023
2025: €-152k▼ -10.7% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€71k€76k▲ 6.8%
2022: €71k
2023: €76k▲ +6.8% vs 2022
Equity€52k-€67k▲ 29.3%€101k▲ 50.8%€129k▲ 27.0%€146k▲ 13.5%
2020: €52klowest value
2022: €67k
2023: €101k▲ +50.8% vs 2022
2024: €129k▲ +27.0% vs 2023
2025: €146k▲ +13.5% vs 2024highest value
Operating result€7k-€38k▲ 448%€34k▼ 9.2%€40k▲ 15.1%€35k▼ 11.6%
2020: €7klowest value
2022: €38k
2023: €34k▼ -9.2% vs 2022
2024: €40k▲ +15.1% vs 2023highest value
2025: €35k▼ -11.6% vs 2024
Net result€-3k-€32k€34k▲ 6.9%€27k▼ 19.9%€17k▼ 36.3%
2020: €-3klowest value
2022: €32k
2023: €34k▲ +6.9% vs 2022highest value
2024: €27k▼ -19.9% vs 2023
2025: €17k▼ -36.3% vs 2024
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 falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€376k ▼ 6.5%
Current assets
€6k ▲ 19.0%
Equity and liabilities €383k
Equity
€146k ▲ 13.5%
Debt
€237k ▼ 15.2%
Debt's share of the balance-sheet total falls from 68.5% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2024 · €66k
Cash flow
€43k▼
2024 · €53k
Current ratio
0.04▲
2024 · 0.04
Debt to equity
1.62▼
2024 · 2.17
ROE
11.9%▼
2024 · 21.3%
ROA
4.6%▼
2024 · 6.7%
Interest coverage
7.26▼
2024 · 8.09
Debt ≤ 1 year
€158k▲
2024 · €143k
Debt > 1 year
€79k▼
2024 · €137k
Income taxes
€9k▲
2024 · €4k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€408k€383k▼
Fixed assets21/28€402k€376k▼
Tangible fixed assets22/27€402k€376k▼
Land and buildings22€402k€376k▼
Current assets29/58€5k€6k▲
Cash at bank and in hand54/58€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€408k€383k▼
Equity10/15€129k€146k▲
Contributions10/11€50k€50k=
Outside capital11€50k€50k=
Other1109/19€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€73k€91k▲
Amounts payable17/49€279k€237k▼
Amounts payable after more than one year17€137k€79k▼
Financial debts170/4€137k€79k▼
Amounts payable within one year42/48€143k€158k▲
Current portion of amounts payable after more than one year42€57k€60k▲
Trade debts44€293€71▼
Suppliers440/4€293€71▼
Other amounts payable47/48€85k€98k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k=
Other operating charges640/8€5k€4k▼
Gross operating margin9900€71k€65k▼
Operating profit (loss)9901€40k€35k▼
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€31k€27k▼
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€27k€17k▼
Profit (loss) for the period to be appropriated9905€27k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€91k▲
Profit (loss) brought forward from the previous period14P€46k€73k▲
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 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €71k | €76k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €8k | €7k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €26k | €26k | €26k | €26k | = |
| Other operating charges640/8 | - | - | €9k | €5k | €4k | ▼ 15.3% |
| Gross operating margin9900 | €54k | €64k | €69k | €71k | €65k | ▼ 7.6% |
| Operating profit (loss)9901 | €7k | €38k | €34k | €40k | €35k | ▼ 11.6% |
| Financial charges65/66B | - | €6k | €189 | €8k | €8k | ▲ 3.5% |
| Recurring financial charges65 | €7k | €6k | €189 | €8k | €8k | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €-184 | €32k | €34k | €31k | €27k | ▼ 15.5% |
| Income taxes67/77 | €3k | - | - | €4k | €9k | ▲ 124% |
| Profit (loss) for the period9904 | €-3k | €32k | €34k | €27k | €17k | ▼ 36.3% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €32k | €34k | €27k | €17k | ▼ 36.3% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €513k | €461k | €435k | €408k | €383k | ▼ 6.1% |
| Fixed assets21/28 | €506k | €454k | €428k | €402k | €376k | ▼ 6.5% |
| Tangible fixed assets22/27 | €506k | €454k | €428k | €402k | €376k | ▼ 6.5% |
| Land and buildings22 | - | €454k | €428k | €402k | €376k | ▼ 6.5% |
| Current assets29/58 | €7k | €7k | €6k | €5k | €6k | ▲ 19.0% |
| Cash at bank and in hand54/58 | €6k | €7k | €6k | €5k | €6k | ▲ 19.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €513k | €461k | €435k | €408k | €383k | ▼ 6.1% |
| Equity10/15 | €52k | €67k | €101k | €129k | €146k | ▲ 13.5% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Outside capital11 | - | €50k | €50k | €50k | €50k | = |
| Other1109/19 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | - | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-3k | €12k | €46k | €73k | €91k | ▲ 23.7% |
| Amounts payable17/49 | €461k | €394k | €334k | €279k | €237k | ▼ 15.2% |
| Amounts payable after more than one year17 | €372k | €258k | €194k | €137k | €79k | ▼ 42.5% |
| Financial debts170/4 | - | €258k | €194k | €137k | €79k | ▼ 42.5% |
| Amounts payable within one year42/48 | €90k | €136k | €140k | €143k | €158k | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | - | €59k | €57k | €57k | €60k | ▲ 4.3% |
| Trade debts44 | - | €1k | €265 | €293 | €71 | ▼ 75.9% |
| Suppliers440/4 | - | €1k | €265 | €293 | €71 | ▼ 75.9% |
| Other amounts payable47/48 | - | €75k | €83k | €85k | €98k | ▲ 15.8% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €32k | €34k | €27k | €17k | ▼ 36.3% |
| + Depreciation and write-downs630 | €33k | €26k | €26k | €26k | €26k | = |
| Operating cash flow (approximation) | €29k | €58k | €60k | €53k | €43k | ▼ 18.6% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | - | €-491 | €-963 | €1k | ▲ 207% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €34k ▲6.9%
Net result €34k, the highest in the series.
31-12
Financial
Equity above €100kEq €101k ▲50.8%
2 profitable years in a row build equity to €101k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
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, Anderlecht · 1 establishment unit since 2015
Ground area
343 m²
Building footprint
328 m²
Volume, LiDAR
5,955 m³
Parcel 21305B0204/00L035, Brussels · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
GV PROPERTIES
since 20152.242.622.083
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00L035 | Brussels | 343 m² | 1 · 328 m² | 21.3 m · 6 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-2015
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.