The computed 12-month bankruptcy probability of GVC is 6.3% (elevated). For GVC, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€3,420) and a net result of €8,282. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2021 (filed 22-08-2022)3 financial years not filed after the legal deadline; latest accounts 19 days late; 1 of the last 3 lateNo filing in 24 months (latest 22-08-2022)Two or more financial years not filedlowers riskFounded in 2012neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency0=
equity -62.9% of total assets
Liquidity50+38
short-term debt 162.9% · cash 87.9%
Profitability100+100
return on assets 152.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
6.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 14.2%highest value12-2024: 13.6%▼ -0.6 percentage points vs 11-202401-2025: 13.6%● unchanged vs 12-202402-2025: 13.6%● unchanged vs 01-202503-2025: 13.6%● unchanged vs 02-202504-2025: 13.6%● unchanged vs 03-202505-2025: 13.6%● unchanged vs 04-202506-2025: 13.6%● unchanged vs 05-202507-2025: 13.3%▼ -0.3 percentage points vs 06-202508-2025: 12.7%▼ -0.6 percentage points vs 07-202509-2025: 12.7%● unchanged vs 08-202510-2025: 12.7%● unchanged vs 09-202511-2025: 12.7%● unchanged vs 10-202512-2025: 12.7%● unchanged vs 11-202501-2026: 6.4%▼ -6.3 percentage points vs 12-202502-2026: 6.4%● unchanged vs 01-202603-2026: 6.4%● unchanged vs 02-202604-2026: 6.4%● unchanged vs 03-202605-2026: 6.4%● unchanged vs 04-202606-2026: 6.4%● unchanged vs 05-202607-2026: 6.3%▼ -0.1 percentage points vs 06-202608-2026: 6.3%● unchanged vs 07-202609-2026: 6.3%● unchanged vs 08-202610-2026: 6.3%● unchanged vs 09-2026lowest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2022 year end31-07-2023 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-08-2022, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 3 accounts on average 46 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2021 · micro…
Back to profitnet €8,282
Annual accounts filedfinancial year 2020 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20231172 days lateView
Risk: Negative equityfinancial year 2021: debts exceed assets-€3,420View