Financials
Financial year 2025
GVT WORKS from Grobbendonk, company number BE0741897966, closed financial year 2025 with a result of € 25,540 after tax. For that financial year GVT WORKS recorded a gross margin of € 89,870 and equity of € 66,132. Compared with financial year 2024, the result moved from € 19,261 to € 25,540. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 66,132
▲ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,540
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 22,654
▼ 31% 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 € 61,132.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 759
▼ 7% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 57,326
▲ 127% vs 2024
Of which on lease € 41,573.
Debts at end 2025
€ 151,523
▲ 24% vs 2024
€ 18,199 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 16,625
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,572
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 | € 11,430 | € 50,675 | € 70,450 | € 89,870 | ▲ 28% |
| Profit after taxes | € 498 | € 3,625 | € 19,261 | € 25,540 | ▲ 33% |
| Equity | € 17,706 | € 21,332 | € 40,592 | € 66,132 | ▲ 63% |
| Total debts | € 83,756 | € 243,031 | € 259,273 | € 277,404 | ▲ 7% |
| Cash | € 6,749 | € 7,133 | € 32,824 | € 22,654 | ▼ 31% |
| Land & buildings | - | € 144,864 | € 151,639 | € 148,860 | ▼ 2% |
| Retained profit | € 12,706 | € 16,332 | € 35,592 | € 61,132 | ▲ 72% |
| Bank debt | € 0 | € 119,000 | € 122,189 | € 151,523 | ▲ 24% |
| Balance sheet total | € 101,462 | € 264,362 | € 299,865 | € 343,536 | ▲ 15% |
Key figures of GVT WORKS, 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 GVT WORKS?
What happened at GVT WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,540 (▲ 33% vs 2024). Source: NBB ↗
- New establishment in La Roche-en-Ardenne. KBO
- New establishment in Grobbendonk. KBO
- Greg Van Tulder became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 498 profit in 2022 to € 25,540 profit in 2025.
Paid € 19,583 in corporate taxes since 2022.
Best year ever: 2025, with € 25,540 profit.
Management
Behind GVT WORKS is Greg Van Tulder.
Directors
According to the 2025 annual accounts
Greg Van Tulder
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Herentalse steenweg 47
2280 Grobbendonk
Ronchampay 6 box B
6980 La Roche-en-Ardenne
Active since 21 December 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0741.897.966
- VAT number
- BE 0741.897.966
- Registered office
- Herentalse steenweg 47, 2280 Grobbendonk
- Names & denominations
- GVT WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2020
- Peppol
- Active · Active since 4 Jun 2025
- Activities · NACE
Verspanend bewerken van metalen
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Overige gespecialiseerde bouwwerkzaamheden