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 9 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.9 to 0.6.
Financials
Financial year 2025
GAVEL VINCENT from Destelbergen, company number BE0455688677, closed financial year 2025 with a result of € 3.9 million after tax. For that financial year GAVEL VINCENT recorded a gross margin of € 2.5 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 7.2 million to € 3.9 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 4.2 million
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.9 million
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.6
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 37,144
▼ 52% 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.
€ 6,401
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,415
▲ € 4,294 vs 2024
Loans from banks and other lenders, long and short.
€ 46,523
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,270
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 447,599 | € 417,606 | € 711,002 | € 2,513,057 | ▲ 253% |
| Profit after taxes | € 4,759 | € 108,189 | € 7,203,004 | € 3,924,496 | ▼ 46% |
| Equity | € 2,555,129 | € 663,318 | € 7,866,322 | € 4,190,818 | ▼ 47% |
| Total debts | € 5,645,107 | € 7,735,735 | € 10,416,977 | € 15,710,506 | ▲ 51% |
| Cash | € 2,182,012 | € 948,135 | € 5,152,368 | € 1,163,391 | ▼ 77% |
| Land & buildings | € 2,604,167 | € 2,470,210 | € 2,319,358 | € 2,061,447 | ▼ 11% |
| Retained profit | € 2,542,729 | € 650,918 | € 7,853,922 | € 4,178,418 | ▼ 47% |
| Dividend | € 0 | € 2,000,000 | € 0 | € 7,600,000 | |
| Bank debt | € 0 | € 0 | € 121 | € 4,415 | ▲ € 4,294 |
| Balance sheet total | € 8,263,565 | € 8,457,556 | € 18,336,976 | € 20,028,385 | ▲ 9% |
| Employees (FTE) | 1.6 | 1.9 | 1.1 | 0.6 | ▼ 0.5 |
Key figures of GAVEL VINCENT, 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 VINCENT?
What happened at GAVEL VINCENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.9 million (▼ 46% vs 2024). filed late Source: NBB ↗
- UNIVEL BV became a director. NBB
- New establishment in Destelbergen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,759 profit in 2022 to € 3.9 million profit in 2025.
Paid € 709,112 in corporate taxes since 2022.
Best year ever: 2024, with € 7.2 million profit.
On average € 646,400 of value added per employee in 2024.
Management
The stake of UNIVEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GAVEL VINCENTBehind GAVEL VINCENT is UNIVEL BV. The shares are held by UNIVEL (99%). It owns 40% of ORTHO GAVEL itself.
Directors
According to the 2025 annual accounts
since 2019
Shareholders
99%
Participations
40%
Establishments
Establishment units
Physical locations of this company
Puntweg(HEU) 9
9070 Destelbergen
Tweebruggenstraat 61
9000 Gent
Active since 11 July 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.688.677
- VAT number
- BE 0455.688.677
- Registered office
- Puntweg(HEU) 9, 9070 Destelbergen
- Names & denominations
- GAVEL VINCENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1995
- Peppol
- Active · Active since 19 Mar 2026
- Activities · NACE
Activiteiten van tandartspraktijken
Tandartspraktijken
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden