GVB EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of GVB EXPRESS is 7.0% (elevated). The 2024 annual accounts show equity of €13,715 and a net result of €34,642. Equity is shrinking by ~29.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 17% of 1307 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 3 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 513 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 513 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €192,131 | €292,703 | €379,184 | ▲ 29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,167 | €5,167 | €5,167 | = |
| Other operating charges640/8 | €3,510 | €4,159 | €9,458 | ▲ 127% |
| Gross operating margin9900 | €214,872 | €250,060 | €430,440 | ▲ 72.1% |
| Operating profit (loss)9901 | €14,064 | -€51,969 | €36,631 | ▲ 170% |
| Financial income75/76B | - | €5,013 | €0 | ▼ 100% |
| Recurring financial income75 | - | €5,013 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | €5,013 | €0 | ▼ 100% |
| Financial charges65/66B | €339 | €197 | €1,989 | ▲ 912% |
| Recurring financial charges65 | €339 | €197 | €1,989 | ▲ 912% |
| Profit (loss) for the period before taxes9903 | €13,726 | -€47,153 | €34,642 | ▲ 173% |
| Profit (loss) for the period9904 | €13,726 | -€47,153 | €34,642 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | €13,726 | -€47,153 | €34,642 | ▲ 173% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €379,748 | €124,249 | €487,470 | ▲ 292% |
| Fixed assets21/28 | €10,333 | €5,167 | €28,000 | ▲ 442% |
| Tangible fixed assets22/27 | €10,333 | €5,167 | €0 | ▼ 100% |
| Furniture and vehicles24 | €10,333 | €5,167 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €28,000 | - |
| Current assets29/58 | €369,414 | €119,083 | €459,470 | ▲ 286% |
| Amounts receivable within one year40/41 | €364,262 | €111,751 | €449,134 | ▲ 302% |
| Trade receivables40 | €360,701 | €91,305 | €429,105 | ▲ 370% |
| Other amounts receivable41 | €3,562 | €20,447 | €20,029 | ▼ 2.0% |
| Cash at bank and in hand54/58 | €5,152 | €2,468 | €10,336 | ▲ 319% |
| Deferred charges and accrued income490/1 | - | €4,863 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €379,748 | €124,249 | €487,470 | ▲ 292% |
| Equity10/15 | €26,226 | -€20,927 | €13,715 | ▲ 166% |
| Contributions10/11 | €12,500 | €12,500 | €12,500 | = |
| Profit (loss) carried forward14 | €13,726 | -€33,427 | €1,215 | ▲ 104% |
| Amounts payable17/49 | €353,522 | €145,176 | €473,755 | ▲ 226% |
| Amounts payable within one year42/48 | €259,121 | €140,844 | €333,075 | ▲ 136% |
| Trade debts44 | €250,022 | €23,700 | €193,667 | ▲ 717% |
| Suppliers440/4 | €250,022 | €23,700 | €193,667 | ▲ 717% |
| Taxes, remuneration and social security45 | €9,099 | €30,956 | €53,219 | ▲ 71.9% |
| Taxes450/3 | €927 | €0 | €19,863 | - |
| Remuneration and social security454/9 | €8,172 | €30,956 | €33,356 | ▲ 7.8% |
| Other amounts payable47/48 | - | €86,189 | €86,189 | = |
| Accrued charges and deferred income492/3 | €94,401 | €4,332 | €140,680 | ▲ 3,147% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,726 | -€47,153 | €34,642 | ▲ 173% |
| + Depreciation and write-downs630 | €5,167 | €5,167 | €5,167 | = |
| Operating cash flow (approximation) | €18,892 | -€41,986 | €39,809 | ▲ 195% |
| Investment in fixed assets (approximation) | - | €0 | -€28,000 | - |
| Change in cash | - | -€2,684 | €7,868 | ▲ 393% |
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
15-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
- General meeting, 08-07-2026
- Registered-office move, Bedrijvenstraat 5765 bus 4,3800 Sint-Truiden
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009A0062/00D000 | Flanders | 5,219 m² | 1 · 3,169 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.