GVL WORKS
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
GVL WORKS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,086 and a net result of €10,671. Equity has been growing by about 8.9% per year since 2022. Its solvency ranks better than 85% of 158 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 02-06-2021 Normal situation
- Activity
- Manufacture of rubber and plastic products NACE 22240and 5 others
- Establishment unit
- 2.317.932.388 3945 Tessenderlo-Ham, since 02-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 31-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €51,235
- ▲ 23.4%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €10,671
- ▲ 227%
- Equity
- €112,086
- ▲ 10.5%
- Total assets
- €140,782
- ▲ 2.8%
Score breakdownraises riskFounded in 2021lowers riskLiquidity: current ratio 3.31, cash €68,129Equity €112,086 (79.6% of total assets)Figures for financial year 2025 (filed on 01-08-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 22, micro). It does better than 90% of them on solvency, 94% on liquidity, 68% on profitability and 65% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 4 accounts on average on the deadline day. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 85% of companies in rubber and plasticssector median 37.8% · 158 companies 79.6% View
Comparable companies
These companies have the same main activity as GVL WORKS: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €94,000 and €233,000, founded between 2017 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| GVL WORKS Tessenderlo-Ham | €140,782 | €51,235 |
| CF Consultech Thimister-Clermont | €129,421 | €37,443 |
| ECO CHASSIS Brussel | €158,163 | €87,429 |
| DRH TOITURE Tienen | €93,959 | €48,337 |
| BOEYNAEMS Duffel | €232,543 | €100,005 |
| Stor'Flex Jodoigne | €160,723 | €47,310 |
| K.C.C. TECH Sint-Truiden | €103,795 | €16,912 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-07-2026
- Annual accounts 2024filed on 25-08-2025
- Annual accounts 2023filed on 15-07-2024
- Annual accounts 2022filed on 24-07-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0768.990.660
Key facts about GVL WORKS
- What is the company number of GVL WORKS?
- The company number of GVL WORKS is 0768.990.660. The VAT number is the same number with BE in front: BE 0768.990.660.
- Where is GVL WORKS based?
- The registered office is at Olmensesteenweg 42, 3945 Tessenderlo-Ham.Company details
- What does GVL WORKS do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
- What is the legal form of GVL WORKS?
- The legal form of GVL WORKS is Private limited company (BV).
- When was GVL WORKS founded?
- GVL WORKS was founded on 02-06-2021.
- Is GVL WORKS still active?
- Yes, GVL WORKS is an active enterprise in the KBO register.
- What is the turnover of GVL WORKS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €51,235 and 2,678 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
- Is GVL WORKS profitable?
- In financial year 2025, GVL WORKS made a profit of €10,671.
- Where can I find the annual accounts of GVL WORKS?
- GVL WORKS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of GVL WORKS due?
- GVL WORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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