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GVH X-PRESS

Active
Private limited companyfounded 1989active for 36 yearsEngstegenseweg 5, 3520 Zonhoven, BelgiumKBO/BCE: BE 0438.853.536
Summary

GVH X-PRESS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,850 and a net result of €7,475. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 73% of 623 sector peers (NACE 53, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-11-1989 Normal situation
Activity
Other postal and courier activities NACE 53200and 5 others
Establishment unit
2.045.696.544 3520 Zonhoven, since 19-02-2001
Financial year end
31 December
Peppol
Reachable since 01-11-2026

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€120,239
▲ 2.3%
Turnover
≈ €300,000
estimated
Profit
€7,475
▼ 62.7%
Equity
€51,850
▲ 16.8%
Total assets
€91,740
▼ 31.5%
Employees on 31-12-2025
2
=
Score breakdownraises riskSector: Postal and courier activities (NACE 53)Size: total assets €91,740lowers riskFounded in 1989Liquidity: current ratio 2.45, cash €22,250, halvedShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of micro companies in postal and courier (NACE 53)
Financial strength · tick: 2024
Strong
Solvency 82+24
equity 56.5% of total assets
Liquidity 65-5
short-term debt 34.1% · cash 24.3%
Profitability 68=
return on assets 8.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (914 companies, NACE 53, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.45 (1.53 in 2024), above the usual 1.5. Short-term debt is 34.1% and cash 24.3% of total assets. 43.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro). It does better than 71% of them on solvency, 78% on liquidity, 43% on profitability and 61% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.45, cash €22,250, halved
NBB · annual accounts
raises risk · Size: total assets €91,740
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
58 days early
2023
26 days late
2022
30 days late
2021
33 days early
2020
37 days early
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 2nd oldest company in Zonhoven, Transport and storage sectorin the Checked rankings No. 2 View

Recent changes

  1. · Gazette deed Resignation: Aerts Godfried (manager)
  2. · Gazette deed Resignations: VANHERLE,Gert Albert Henriette (statutory manager) and AERTS,Elke (statutory manager)Reappointments: VANHERLE,Gert Albert Henriette (director) and AERTS,Elke (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as GVH X-PRESS: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €72,200 and €142,000, founded between 1989 and 2005.

CompanyTotal assetsGross margin
GVH X-PRESS Zonhoven€91,740€120,239
T.J.P. EXPRESS Silly€72,250€78,324
't LAUWERS BAKKERKE Tongeren-Borgloon€141,763€59,281
KIM Tongeren-Borgloon€104,617€98,068
GAUTHIER Ukkel€92,346€126,589
EUROPEAN NEWS COURIER Zaventem€72,152€48,579
IVATRA Lierneux€72,469€53,940
Full comparison

Key facts about GVH X-PRESS

What is the company number of GVH X-PRESS?
The company number of GVH X-PRESS is 0438.853.536. The VAT number is the same number with BE in front: BE 0438.853.536.
Where is GVH X-PRESS based?
The registered office is at Engstegenseweg 5, 3520 Zonhoven.Company details
What does GVH X-PRESS do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of GVH X-PRESS?
The legal form of GVH X-PRESS is Private limited company (BV).
When was GVH X-PRESS founded?
GVH X-PRESS was founded on 08-11-1989.
Is GVH X-PRESS still active?
Yes, GVH X-PRESS is an active enterprise in the KBO register.
How many employees does GVH X-PRESS have?
GVH X-PRESS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GVH X-PRESS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €120,239 and 2,211 comparable companies of the same size. It probably lies between €200,000 and €470,000. It is a rough estimate.
Is GVH X-PRESS profitable?
In financial year 2025, GVH X-PRESS made a profit of €7,475.
Where can I find the annual accounts of GVH X-PRESS?
GVH X-PRESS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GVH X-PRESS due?
GVH X-PRESS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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