Equity
€17,209 from €120,580 in 2011
Equity fell by 86% in 14 years.
GVE
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €59,287 (2012)
€55,216▼ 3.2%
lowest -€31,741 (2012)
€10,995▼ 32.4%
peak €120,580 (2011)
€17,209▲ 177%
€619,357▲ 5.0%
Board6 names since 2011
6 directors and 5 others
Documentsfilings and deeds
28-12-202534 days before the deadline
2025micro format
Result from €16,261 to €10,995Equity from €6,214 to €17,209Investments €82,221Cash from €24,515 to €39,732
Key points
from the 2025 annual accountsTurnover
≈ €260,000 estimated
The micro format states no turnover.
Debts
€619,357 97% of the balance sheet
Investments
€82,221 2.1 × depreciation
Green is investment, beige is depreciation.
Filings
35 annual accounts 36 filings since 1989
The last five annual accounts were filed 34 to 63 days before the end of the period.
Position in the sector
€636,566
Larger balance sheet than 84% of companies in wholesale trade. Sector median €178,327 · 15,452 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,220 companies had the same profile as GVE has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Test of the method
The method was tested on the 497,762 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 1,220 companies, not a prediction for GVE. 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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Signals
Board and ownership
Director, since 16-12-2020
Director, since 16-12-2020
Director
Director, since 16-12-2020
Director, since 16-12-2020
Director
- deed of 31-12-2020
- deed of 31-12-2020
- deed of 31-12-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434625920
Changes of role: (statutory director), (statutory director), (successor statutory director) and (successor statutory director)
“Aankoop, verkoop en verhuur van roerende en onroerende goederen; Aankoop, verkoop, verhuur, onderhoud…” (deed in Dutch) · is a shareholder · is a shareholder · General meeting of 16-12-2020 · Gazette deed
2 directors appointed, 2 reappointments
Reappointments: (managing director) and · Appointments: and · General meeting of 04-02-2019 · Gazette deed
First establishment
G V E, Leedshouwken 46, Lede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GVE Lede | €636,566 | €55,216 | 2.7% | - |
| HORSE CARE Alken | €689,949 | €60,572 | 23.2% | - |
| EUROPEAN PROMOTION MARKETING Sint-Genesius-Rode | €590,746 | €71,207 | 22.1% | - |
| BAG DISTRIBUTION SERVICE La Louvière | €525,931 | €49,088 | 60.3% | - |
| DETEX Tournai | €529,347 | €44,382 | 91.7% | - |
| ATMO Ghent | €553,626 | €79,350 | 86.8% | 2 |
| INFORMI Buggenhout | €622,937 | €90,296 | 96.4% | - |
These companies have the same main activity as GVE: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €526,000 and €690,000, founded between 1984 and 1994.
Official details
Source: KBO- Status
- Active since 23-06-1988Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180and 4 others
- Establishment unit
- 2.040.113.8969340 Lede, since 14-09-1988
- Financial year end
- 30 June
- Peppol
- Reachable since 06-07-2026
Annual accounts to 30-06-2025
- €636,566▲ 6.8%
- Filing
- Filed on 28-12-2025, 34 days before the end of the filing period
Insights on GVE
GVE files the micro format. That format states no turnover. The gross margin rose from €18,200 in 2007 to €55,216 in 2025.
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 GVE
- What is the company number of GVE?
- The company number of GVE is 0434.625.920. The VAT number is the same number with BE in front: BE 0434.625.920.
- Where is GVE based?
- The registered office is at Leedshouwken 46, 9340 Lede.Company details
- What does GVE do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of GVE?
- GVE is a private limited company (BV).
- When was GVE founded?
- GVE was founded on 23-06-1988.
- Is GVE still active?
- Yes, GVE is an active enterprise in the KBO register.
- What is the turnover of GVE?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €55,216 and 30 comparable companies (NACE 461). It probably lies between €130,000 and €600,000.Financials
- Is GVE profitable?
- In financial year 2025, GVE made a profit of €10,995.
- Where can I find the annual accounts of GVE?
- GVE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GVE due?
- GVE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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