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GVL Projects

Active
Private limited companyfounded 20187 yrs activeDelori-Maeslaan 17, 9940 Evergem, BelgiumKBO/BCE: BE 0716.964.513
Summary

The computed 12-month bankruptcy probability of GVL Projects is 2.8% (moderate). The 2025 annual accounts show equity of €416,174 and a net result of €33,484. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 9042 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
GVL ProjectsActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Painting of buildings
NACE 43341Roofing work NACE 43410Bricklaying and masonry work NACE 43910
1 site
Size
€1.0mtotal assets 2025
Staff
2 FTE
Equity
€416,174
Profit
€33,484
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy chance 12 m
2.8%
Structure
Accounts 32 d early1 of 4 deeds read
Why 52- 2 changes of registered office in 24 months- Founded in 2018+ Liquidity: current ratio 1.90, cash €163,365+ Figures for FY 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 65-11
equity 40.2% of total assets
Liquidity 63-6
short-term debt 20.4% · cash 15.8%
Profitability 73-14
return on assets 3.2%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%▲ +1.4% vs 11-2024 01-2025: 0.8%● 0.0% vs 12-2024 02-2025: 0.8%▲ +1.6% vs 01-2025 03-2025: 0.8%▲ +1.8% vs 02-2025 04-2025: 0.8%▼ -4.0% vs 03-2025 05-2025: 0.8%▼ -2.0% vs 04-2025 06-2025: 0.9%▲ +20.6% vs 05-2025 07-2025: 2.2%▲ +143% vs 06-2025 08-2025: 0.3%▼ -85.5% vs 07-2025lowest value 09-2025: 0.3%● 0.0% vs 08-2025lowest value 10-2025: 0.3%● 0.0% vs 09-2025lowest value 11-2025: 0.3%▲ +1.6% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.3%▼ -1.2% vs 02-2026 04-2026: 0.4%▲ +15.9% vs 03-2026 05-2026: 0.5%▲ +21.5% vs 04-2026 06-2026: 2.2%▲ +386% vs 05-2026 07-2026: 3.0%▲ +34.9% vs 06-2026highest value 08-2026: 2.9%▼ -3.6% vs 07-2026 09-2026: 2.9%● 0.0% vs 08-2026 10-2026: 2.8%▼ -2.3% vs 09-2026
  • 2 changes of registered office in 24 months raises the probability
  • Founded in 2018 raises the probability for this profile
  • Liquidity: current ratio 1.90, cash €163,365 lowers the probability
  • Figures for FY 2025 (filed 29-06-2026) lowers the probability
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.98 in 2024; short-term debt: 20.4% and cash: 15.8% of total assets), but 59.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 43%, liquidity 61%, profitability 44%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Founded in 2018
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.90, cash €163,365
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 29-06-2026)
In the bankruptcy model this factor lowers the probability.
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
32 d early
2024
15 d early
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 16 July (3 of the last 3 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Registered office · MiscellaneousRegistered office clause · Director…
  3. Weakest financial yearnet €33,484 ▼69.6%

Key points

  • Caution: Result fell in 2025from €110,071 to €33,484 ▼ 69.6% View
  • Total assets 20253 fiscal years filed €1.0m View
  • Active since 2018founded 29-12-2018 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.0m
Profit
€33,484
Solvency
40.2%
Total assets▲ 37.5%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2024
Next accounts
by 31-07-2027
  1. 29-06-2026Annual accounts filed
  2. 27-05-2026Registered office · Miscellaneous
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
29-12-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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