GVF VIN
ActiveGVF VIN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316k and a net result of €7k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy▼ -25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-88
Solvency76▼-2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.75 in 2024), but 61.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
38.2%
Return on assets
0.9%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d late
2023
7 d early
2022
31 d late
2021
59 d late
2020
26 d late
2019
45 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€316k▲ 2.4%
2024 · €309k
2018: €55k
2019: €67k
2020: €66k
2021: €131k
2022: €184k
2023: €240k
2024: €309k
2018 → 2025
Total assets
€826k▲ 6.0%
2024 · €779k
2018: €341k
2019: €402k
2020: €382k
2021: €480k
2022: €678k
2023: €703k
2024: €779k
2018 → 2025
Net result
€7k▼ 94.2%
2024 · €126k
2018: €14k
2019: €24k
2020: €-2k
2021: €66k
2022: €54k
2023: €58k
2024: €126k
2018 → 2025
Working capital
€340k▲ 10.1%
2024 · €309k
2018: €24k
2019: €32k
2020: €48k
2021: €113k
2022: €160k
2023: €234k
2024: €309k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€184k▲ 40.0%€240k▲ 30.5%€309k▲ 28.7%€316k▲ 2.4%
Operating result€73k-€79k▲ 8.9%€79k▼ 0.2%€161k▲ 103%€30k▼ 81.4%
Net result€66k-€54k▼ 17.7%€58k▲ 6.7%€126k▲ 118%€7k▼ 94.2%
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 81% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €826k
Fixed assets
€45k▼ 18.0%
Current assets
€781k▲ 7.8%
Equity and liabilities €826k
Equity
€316k▲ 2.4%
Debt
€510k▲ 8.3%
The debt ratio rises from 60.4% to 61.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€51k▼
2024 · €183k
Cash flow
€28k▼
2024 · €148k
Solvency
38.2%▼
2024 · 39.6%
Current ratio
1.77▲
2024 · 1.75
Quick ratio
0.98▼
2024 · 1.09
Debt / equity
1.62▲
2024 · 1.53
ROE
2.3%▼
2024 · 40.8%
ROA
0.9%▼
2024 · 16.1%
Interest coverage
2.25▼
2024 · 12.45
Debt
€510k▲
2024 · €471k
Debt ≤ 1 year
€440k▲
2024 · €415k
Debt > 1 year
€65k▲
2024 · €56k
Income taxes
€5k▼
2024 · €25k
Staff costs
€3k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€779k€826k▲
Fixed assets21/28€55k€45k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€55k€45k▼
Land and buildings22€18k€11k▼
Plant, machinery and equipment23€6k€9k▲
Furniture and vehicles24€28k€23k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€724k€781k▲
Stocks and contracts in progress3€270k€348k▲
Stocks30/36€270k€348k▲
Amounts receivable within one year40/41€388k€377k▼
Trade receivables40€347k€299k▼
Other amounts receivable41€41k€77k▲
Cash at bank and in hand54/58€62k€49k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€779k€826k▲
Equity10/15€309k€316k▲
Contributions10/11€35k€35k=
Reserves13€274k€281k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€270k€277k▲
Profit (loss) carried forward14€40€321▲
Amounts payable17/49€471k€510k▲
Amounts payable after more than one year17€56k€65k▲
Financial debts170/4€56k€65k▲
Amounts payable within one year42/48€415k€440k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€183k€184k▲
Credit institutions430/8€175k€175k▲
Other loans439€8k€8k▲
Trade debts44€158k€189k▲
Suppliers440/4€158k€189k▲
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€774€85▼
Other amounts payable47/48€60k€54k▼
Accrued charges and deferred income492/3€0€5k▲
Income statement
Code20242025
Non-recurring operating income76A€21k€482▼
Remuneration, social security and pensions62€18k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€540
Other operating charges640/8€3k€85k▲
Gross operating margin9900€204k€140k▼
Operating profit (loss)9901€161k€30k▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€15k€23k▲
Recurring financial charges65€15k€23k▲
Profit (loss) for the period before taxes9903€151k€12k▼
Income taxes67/77€25k€5k▼
Profit (loss) for the period9904€126k€7k▼
Profit (loss) for the period to be appropriated9905€126k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€126k€7k▼
Profit (loss) brought forward from the previous period14P€179€40▼
Transfer to equity691/2€69k€7k▼
To other reserves6921€69k€7k▼
Profit to be distributed694/7€57k€0▼
Return on contributions (dividend)694€0-
Directors or managers695€57k€0▼
Social balance
Average headcount (FTE)90870.40.0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €126k ▲118%
Operating result €161k, net result €126k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €240k ▲30.5%
3 profitable years in a row build equity to €240k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €150kEq €184k ▲40%
2 profitable years in a row build equity to €184k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 59 days late
2021
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
31-12
Financial
Equity above €100kEq €131k ▲100%
Equity rises from €66k to €131k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼107%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doornikserijksweg(Koo) 1498510 KortrijkGround area
178 m²
Parcel 34005A0534/00P002, Flanders. Linked by address, not a title deed.
1 establishment unit
GVF VIN
since 20142.230.589.135
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005A0534/00P002 | Flanders | 178 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.230.589.135
Similar companies · same sector, comparable size
Bullseye Distribution
BE 0786.798.375
Antwerpen · Eq €314k
MILLESIME.BE
BE 0822.664.918
Overijse · Eq €324k
VICI COM
BE 0475.716.605
Deinze · Eq €326k
JAMAR
BE 0463.675.242
Antwerpen · Eq €328k
PROWINES
BE 0729.759.110
Mont-Saint-Guibert · Eq €302k
Of 1,043 companies in sector 46341 we hold annual accounts for 530. 349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2014
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.