Financials
Financial year 2025
GVV Projects from Putte, company number BE0671606620, closed financial year 2025 with a result of € 62,955 after tax. For that financial year GVV Projects recorded a gross margin of € 89,429 and equity of € 18,600. Compared with financial year 2024, the result moved from € 13,851 to € 62,955. Profitable, and profit is growing. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2026.
€ 18,600
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,955
▲ € 49,104 vs 2024
Profit after tax over the fiscal year.
€ 17,740
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 108,891 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,944
▲ € 19,045 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 367
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,179
▲ 182% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,349 | € 18,051 | € 20,771 | € 89,429 | ▲ € 68,658 |
| Profit after taxes | € 13,665 | € 11,133 | € 13,851 | € 62,955 | ▲ € 49,104 |
| Equity | € 39,552 | € 50,685 | € 64,536 | € 18,600 | ▼ 71% |
| Total debts | € 15,013 | € 8,092 | € 12,521 | € 151,250 | ▲ € 138,729 |
| Cash | € 5,442 | € 513 | € 9,456 | € 17,740 | ▲ 88% |
| Retained profit | € 20,952 | € 32,085 | € 45,936 | € 0 | ▼ 100% |
| Dividend | € 12,500 | € 0 | € 0 | € 108,891 | |
| Balance sheet total | € 54,565 | € 58,777 | € 77,057 | € 169,850 | ▲ 120% |
Key figures of GVV Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GVV Projects?
What happened at GVV Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,955 (▲ € 49,104 vs 2024). Source: NBB ↗
- New establishment in Putte. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,665 profit in 2022 to € 62,955 profit in 2025.
Paid € 27,973 in corporate taxes since 2022.
Best year ever: 2025, with € 62,955 profit.
Paid out € 121,391 in dividends to the owners in total.
Management
Behind GVV Projects is Glenn Van Vlasselaer. Glenn Van Vlasselaer is also behind VV Build, The Brick and VV Build Immo Projects.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zwitserstraat 5 B
2580 Putte
Zwitserstraat 5 box B
2580 Putte
Active since 17 February 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.606.620
- VAT number
- BE 0671.606.620
- Registered office
- Zwitserstraat 5 B, 2580 Putte
- Names & denominations
- GVV Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2017
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Algemene bouw van residentiële gebouwen
Plaatsen van vloer- en wandtegels