Equity
-€195,481
Debts exceed assets in financial year 2025.
GVV
Lifetime
5 annual accounts with figures on one time axispeak €134,496 (2025)
€134,496▲ 43.3%
lowest -€148,966 (2024)
€21,269▲ €170,236
peak €503 (2021)
-€195,481▲ €21,269
€2.1m▲ 12.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from €93,876 to €134,496Back to profit: €21,269Investments €323,448Cash from €27,028 to €37,252
Key points
from the 2025 annual accountsResult
€21,269 €21,269
Back in profit in 2025, after a loss of €148,966 in 2024.
Debts
€2.1m 110% of the balance sheet
Financial debts 74%Suppliers 0%Other 26%
Of this, €542,631 falls due within a year.
Investments
€1.4m 69.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 49.9% higher than in 2024.
Liquidity
0.15 was 0.56 in 2024
Short-term debts rose from €246,415 to €542,631.
Position in the sector
-€195,481
Less equity than 95% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 456 companies had the same profile as GVV has now. Each dot is one company, two years later.
97.1%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 456 companies, not a prediction for GVV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved within Knokke-Heist
Capital contribution of €350,000 · New registered office: ’t Walletje 59 8300 Knokke-Heist · Previous registered office: Heistlaan 25 8301 Knokke-Heist · General meeting of 01-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768851197
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen and 3 more · Knokke-Heist
First establishment
't Walletje 59, Knokke-Heist
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GVV Knokke-Heist | €1.9m | €134,496 | -10.5% | - |
| CRAZY MARKET Verviers | €1.7m | €136,911 | 37.4% | 2.4 |
| Delmo Tielt | €1.2m | €178,362 | -97.3% | 9 |
| U FOOD MANAGEMENT Liège | €1.7m | €189,544 | -5.5% | 4 |
| DIKSMUIDE RETAIL Diksmuide | €1.4m | €91,647 | -16.0% | 7.4 |
| Proxy De Meyer Koksijde Koksijde | €0.9m | €164,114 | -16.5% | 5.8 |
| Delvans Hooglede | €1.4m | €320,693 | 11.4% | 7.7 |
These companies have the same main activity as GVV: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €890,000 and €1.7m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 28-05-2021Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 4 others
- Establishment unit
- 2.317.711.5658300 Knokke-Heist, since 01-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- ≈ €1.1mestimated
- €1.9m▲ 15.1%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on GVV
GVV files the micro format. That format states no turnover. The gross margin rose from -€1,158 in 2021 to €134,496 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GVV
- What is the company number of GVV?
- The company number of GVV is 0768.851.197. The VAT number is the same number with BE in front: BE 0768.851.197.
- Where is GVV based?
- The registered office is at 't Walletje 59, 8300 Knokke-Heist.Company details
- What does GVV do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of GVV?
- GVV is a private limited company (BV).
- When was GVV founded?
- GVV was founded on 28-05-2021.
- Is GVV still active?
- Yes, GVV is an active enterprise in the KBO register.
- What is the turnover of GVV?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €134,496 and 70 comparable companies (NACE 47110). It probably lies between €760,000 and €1.5m.Financials
- Is GVV profitable?
- In financial year 2025, GVV made a profit of €21,269.
- Where can I find the annual accounts of GVV?
- GVV filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GVV due?
- GVV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.