GVP IMMO
ActiveGVP IMMO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-18k) and a net result of €4k. Equity is shrinking by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 19358 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+93
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.3 in 2023; short-term debt: 190.3% and cash: 32.5% of total assets), and equity is negative.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-90.3%
Return on assets
19.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 19358 sector peers (2024).
NBB · sector comparisonPosition among 19358 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
118 d late
2023
300 d late
2022
1 d early
2021
16 d late
2020
166 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-18k▲ 17.5%
2023 · €-22k
2019: €-9k
2020: €5k
2021: €-23k
2022: €-16k
2023: €-15k
2023: €-22k
2019 → 2024
Total assets
€20k▼ 33.5%
2023 · €31k
2019: €74k
2020: €59k
2021: €53k
2022: €54k
2023: €40k
2023: €31k
2019 → 2024
Net result
€4k
2023 · €-7k
2019: €-15k
2020: €14k
2021: €-28k
2022: €7k
2023: €458
2023: €-7k
2019 → 2024
Working capital
€-30k▲ 18.9%
2023 · €-37k
2019: €-40k
2020: €-25k
2021: €-46k
2022: €-36k
2023: €-31k
2023: €-37k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320232024Trend
Equity€-23k-€-16k▲ 32.3%€-15k▲ 2.9%€-22k▼ 47.4%€-18k▲ 17.5%
Operating result€-28k-€8k€1k▼ 86.8%€-7k€5k
Net result€-28k-€7k€458▼ 93.8%€-7k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€12k▼ 20.9%
Current assets
€9k▼ 45.0%
Key figures and ratios
EBITDA
€8k▲
2023 · €-5k
Cash flow
€7k▲
2023 · €-6k
Solvency
-90.3%▼
2023 · -72.9%
Current ratio
0.23▼
2023 · 0.30
Quick ratio
0.23▼
2023 · 0.30
Debt / equity
-2.11▲
2023 · -2.37
ROA
19.2%▲
2023 · -23.4%
Interest coverage
10.25▲
2023 · -11.53
Debt
€39k▼
2023 · €53k
Debt ≤ 1 year
€39k▼
2023 · €53k
Staff costs
€42k▲
2023 · €19k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€31k€20k▼
Fixed assets21/28€15k€12k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€1k€229▼
Other tangible fixed assets26€819€637▼
Financial fixed assets28€4k€4k=
Current assets29/58€16k€9k▼
Amounts receivable within one year40/41€191-
Other amounts receivable41€191-
Cash at bank and in hand54/58€13k€7k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€31k€20k▼
Equity10/15€-22k€-18k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-28k€-25k▲
Amounts payable17/49€53k€39k▼
Amounts payable within one year42/48€53k€39k▼
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€28k€22k▼
Income statement
Code20232024
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€19k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€3k€6k▲
Non-recurring operating charges66A€42€2k▲
Gross operating margin9900€18k€58k▲
Operating profit (loss)9901€-7k€5k▲
Financial charges65/66B€442€752▲
Recurring financial charges65€442€752▲
Profit (loss) for the period before taxes9903€-7k€4k▲
Profit (loss) for the period9904€-7k€4k▲
Profit (loss) for the period to be appropriated9905€-7k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-25k▲
Profit (loss) brought forward from the previous period14P€-21k€-28k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 166 days late
30-06
Financial
Weakest financial yearnet €-28k ▼296%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2020
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Brussel · 1 establishment unit since 2017
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.
Fransmanstraat 151020 BrusselGround area
542 m²
Building footprint
319 m²
Volume, LiDAR
2,791 m³
2 parcels, Brussels · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GVP IMMO SPRL
since 20172.269.170.389
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0392/00A004 | Brussels | 330 m² | 1 · 231 m² | 11.3 m · 3 fl. |
| 21816C0133/00S008 | Brussels | 212 m² | 1 · 88 m² | 15.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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So.Cool
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 2,026 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2017
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.