Financials
Financial year 2025
GVD Projects from Ninove, company number BE0740932421, closed financial year 2025 with a result of € 80,571 after tax. For that financial year GVD Projects recorded a gross margin of € 107,628 and equity of € 100,399. Compared with financial year 2024, the result moved from € -7,579 to € 80,571. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 100,399
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,571
▲ still € 7,579 loss in 2024
Profit after tax over the fiscal year.
€ 142,346
▲ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 373,781
Loans from banks and other lenders, long and short.
€ 50,387
▲ € 42,921 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,429
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,968 | € -5,147 | € -4,548 | € 107,628 | ▲ € 112,176 |
| Profit after taxes | € 21,798 | € -21,276 | € -7,579 | € 80,571 | ▲ € 88,151 |
| Equity | € 123,683 | € 102,407 | € 94,828 | € 100,399 | ▲ 6% |
| Total debts | € 1,086,537 | € 480,689 | € 392,271 | € 569,372 | ▲ 45% |
| Cash | € 1,226 | € 583,096 | € 71,438 | € 142,346 | ▲ 99% |
| Retained profit | € 23,683 | € 2,407 | € -5,172 | € 399 | ▲ € 5,571 |
| Dividend | € 0 | € 0 | € 0 | € 75,000 | |
| Bank debt | € 753,290 | € 390,000 | € 373,781 | € 373,781 | |
| Balance sheet total | € 1,210,221 | € 583,096 | € 487,099 | € 669,771 | ▲ 38% |
Key figures of GVD 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 31 July 2027.
What happened to GVD Projects?
What happened at GVD 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 € 80,571. Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,798 profit in 2022 to € 80,571 profit in 2025.
Paid € 24,590 in corporate taxes since 2022.
Best year ever: 2025, with € 80,571 profit.
Paid out € 75,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GVD Projects are Jo Grieten and Geert Van Daele.
Directors
According to the 2025 annual accounts
Jo Grieten
Director
Geert Van Daele
Director
Establishments
Establishment units
Physical locations of this company
Gezellestraat(App) 83
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.932.421
- VAT number
- BE 0740.932.421
- Registered office
- Gezellestraat(App) 83, 9400 Ninove
- Names & denominations
- GVD Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2020
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
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