Financials
Financial year 2025
GV-Line from Maldegem, company number BE0756502604, closed financial year 2025 with a result of € 134,098 after tax. For that financial year GV-Line recorded a gross margin of € 1.6 million and equity of € 325,872. Compared with financial year 2024, the result moved from € 45,233 to € 134,098. 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 July 17, 2026.
€ 325,872
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 134,098
▲ 196% vs 2024
Profit after tax over the fiscal year.
€ 110,114
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 125,000 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
9.6
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 955,118
▲ 49% vs 2024
€ 99,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.6 million
▲ 97% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 1.4 million
▲ 83% vs 2024
€ 390,980 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 795,088
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 113,922
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 556,939 | € 915,611 | € 1,070,860 | € 1,578,171 | ▲ 47% |
| Profit after taxes | € 55,736 | € 91,629 | € 45,233 | € 134,098 | ▲ 196% |
| Equity | € 179,912 | € 271,541 | € 316,774 | € 325,872 | ▲ 3% |
| Total debts | € 1,021,592 | € 1,461,437 | € 1,676,143 | € 2,466,560 | ▲ 47% |
| Cash | € 25,541 | € 31,278 | € 221,279 | € 110,114 | ▼ 50% |
| Land & buildings | € 449 | € 1,226 | € 776 | € 326 | ▼ 58% |
| Retained profit | € 149,912 | € 241,541 | € 286,774 | € 295,872 | ▲ 3% |
| Dividend | € 0 | € 0 | € 0 | € 125,000 | |
| Bank debt | € 759,484 | € 809,109 | € 766,136 | € 1,404,113 | ▲ 83% |
| Balance sheet total | € 1,201,504 | € 1,732,978 | € 1,992,916 | € 2,792,432 | ▲ 40% |
| Employees (FTE) | 4.6 | 6.4 | 7.2 | 9.6 | ▲ 2.4 |
Key figures of GV-Line, 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 GV-Line?
What happened at GV-Line in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 134,098 (▲ 196% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Giovanni Vinck became a director. NBB
- Shana Foré became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,736 profit in 2022 to € 134,098 profit in 2025.
Paid € 71,840 in corporate taxes since 2022.
Best year ever: 2025, with € 134,098 profit.
On average € 164,400 of value added per employee in 2025.
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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 GV-Line are Giovanni Vinck and Shana Foré.
Directors
According to the 2025 annual accounts
Giovanni Vinck
Director
since 2020
Shana Foré
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 38
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0756.502.604
- VAT number
- BE 0756.502.604
- Registered office
- Koningin Astridlaan 38, 9990 Maldegem
- Names & denominations
- GV-Line
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2020
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- gv-line.be +32 491 747 388
- Activities · NACE
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