Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GAVEL from Gent, company number BE0448923027, closed financial year 2025 with a result of € 1,966 after tax. For that financial year GAVEL recorded a gross margin of € 23,470 and equity of € 28,456. Compared with financial year 2024, the result moved from € -15,575 to € 1,966. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 28,456
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,966
▲ still € 15,575 loss in 2024
Profit after tax over the fiscal year.
€ 13,599
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9,856.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,920
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,537
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,982
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,814 | € 14,855 | € 5,263 | € 23,470 | ▲ € 18,207 |
| Profit after taxes | € 342 | € -6,644 | € -15,575 | € 1,966 | ▲ € 17,541 |
| Equity | € 48,708 | € 42,064 | € 26,490 | € 28,456 | ▲ 7% |
| Total debts | € 58,900 | € 38,442 | € 37,562 | € 30,488 | ▼ 19% |
| Cash | € 35,412 | € 17,989 | € 11,542 | € 13,599 | ▲ 18% |
| Land & buildings | € 61,928 | € 55,616 | € 49,304 | € 42,992 | ▼ 13% |
| Retained profit | € 30,108 | € 23,464 | € 7,890 | € 9,856 | ▲ 25% |
| Bank debt | € 14,339 | € 8,642 | € 3,769 | € 0 | ▼ 100% |
| Balance sheet total | € 107,608 | € 80,506 | € 64,052 | € 58,944 | ▼ 8% |
Key figures of GAVEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GAVEL?
What happened at GAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,966. filed late Source: NBB ↗
- Luc Gavel became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 342 profit in 2022 to € 1,966 profit in 2025.
Best year ever: 2025, with € 1,966 profit.
Management
Behind GAVEL is Luc Gavel.
Directors
According to the 2025 annual accounts
Luc Gavel
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Doornplasstraat 121
9031 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.923.027
- VAT number
- BE 0448.923.027
- Registered office
- Doornplasstraat 121, 9031 Gent
- Names & denominations
- GAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1992
- Peppol
- Active · Active since 22 Jul 2025
- Activities · NACE
Detailhandel in groenten en fruit
Markt- en straathandel in voedingsmiddelen
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Markt- en straathandel in voedings- en genotmiddelen