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GVT CONSULTING

Active
Private limited companyfounded 2023active for 3 yearsRue Gérard Waelkens(GR) 2, 4250 Geer, BelgiumKBO/BCE: BE 0802.963.921
Summary

The computed 12-month bankruptcy probability of GVT CONSULTING is 4.3% (elevated). The 2024 annual accounts show equity of €17,262 and a net result of €15,262. Its solvency ranks better than 38% of 11,500 sector peers (NACE 71, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (228 days) Filed on 16 March 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00060726.

Equity
€17,262
Total assets
€41,512
Net result
€15,262
Working capital
€16,808

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €41,512
Equity €17,262
Debt €24,250
Debt finances 58.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€24,954
Cash flow
€15,888
Current ratio
1.72
Debt to equity
1.40
ROE
88.4%
ROA
36.8%
Interest coverage
32.06
Debt ≤ 1 year
€23,250
Income taxes
€8,288

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€41,512
Formation expenses20€1,454
Current assets29/58€40,058
Amounts receivable within one year40/41€18,985
Trade receivables40€12,055
Other amounts receivable41€6,931
Cash at bank and in hand54/58€14,048
Deferred charges and accrued income490/1€7,025
Equity and liabilities
Total equity and liabilities10/49€41,512
Equity10/15€17,262
Contributions10/11€2,000
Profit (loss) carried forward14€15,262
Amounts payable17/49€24,250
Amounts payable within one year42/48€23,250
Trade debts44€12,505
Suppliers440/4€12,505
Taxes, remuneration and social security45€10,745
Taxes450/3€10,745
Accrued charges and deferred income492/3€1,000
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625
Other operating charges640/8€791
Gross operating margin9900€25,745
Operating profit (loss)9901€24,328
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€778
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€23,550
Income taxes67/77€8,288
Profit (loss) for the period9904€15,262
Profit (loss) for the period to be appropriated9905€15,262
Appropriation of the result
Profit (loss) to be appropriated9906€15,262

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625
Other operating charges640/8€791
Gross operating margin9900€25,745
Operating profit (loss)9901€24,328
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€778
Recurring financial charges65€778
Profit (loss) for the period before taxes9903€23,550
Income taxes67/77€8,288
Profit (loss) for the period9904€15,262
Profit (loss) for the period to be appropriated9905€15,262
Line2024
Assets
Total assets20/58€41,512
Formation expenses20€1,454
Current assets29/58€40,058
Amounts receivable within one year40/41€18,985
Trade receivables40€12,055
Other amounts receivable41€6,931
Cash at bank and in hand54/58€14,048
Deferred charges and accrued income490/1€7,025
Equity and liabilities
Total equity and liabilities10/49€41,512
Equity10/15€17,262
Contributions10/11€2,000
Profit (loss) carried forward14€15,262
Amounts payable17/49€24,250
Amounts payable within one year42/48€23,250
Trade debts44€12,505
Suppliers440/4€12,505
Taxes, remuneration and social security45€10,745
Taxes450/3€10,745
Accrued charges and deferred income492/3€1,000
Line2024
Profit (loss) for the period9904€15,262
+ Depreciation and write-downs630€625
Operating cash flow (approximation)€15,888

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 16-03-2026 2026-00060726

Similar companies · same sector, comparable size

Of the 11,525 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,725. 3,900 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.