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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GV² PROJECTS from Lichtervelde, company number BE0769678667, closed financial year 2025 with a result of € 100,359 after tax. For that financial year GV² PROJECTS recorded a gross margin of € 156,282 and equity of € 1,000. Compared with financial year 2024, the result moved from € 80,849 to € 100,359. Profitable, and profit is growing. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ 1,000
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 100,359
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 8,035
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 168,647 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 42,545
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 246,691
▼ 20% vs 2024
€ 60,278 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,266
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,804
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,147 | € 41,405 | € 69,069 | € 156,282 | ▲ 126% |
| Profit after taxes | € 8,642 | € 69,861 | € 80,849 | € 100,359 | ▲ 24% |
| Equity | € 8,578 | € 78,438 | € 69,288 | € 1,000 | ▼ 99% |
| Total debts | € 389,064 | € 396,162 | € 395,253 | € 433,761 | ▲ 10% |
| Cash | € 6,612 | € 2,455 | € 21,319 | € 8,035 | ▼ 62% |
| Retained profit | € 7,578 | € 77,438 | € 68,288 | € 0 | ▼ 100% |
| Dividend | € 1,600 | € 0 | € 90,000 | € 168,647 | ▲ 87% |
| Bank debt | € 368,149 | € 380,742 | € 306,969 | € 246,691 | ▼ 20% |
| Balance sheet total | € 397,641 | € 474,600 | € 464,540 | € 434,761 | ▼ 6% |
Key figures of GV² 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 GV² PROJECTS?
What happened at GV² 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 € 100,359 (▲ 24% vs 2024). Source: NBB ↗
- New establishment in Lichtervelde. KBO
- Gunther Van Hulle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,642 profit in 2022 to € 100,359 profit in 2025.
Paid € 58,371 in corporate taxes since 2022.
Best year ever: 2025, with € 100,359 profit.
Paid out € 260,247 in dividends to the owners in total.
Management
Behind GV² PROJECTS is Gunther Van Hulle. It owns 33.3% of BRAECKE itself.
Establishments
Establishment units
Physical locations of this company
Hazelstraat 123 A
8810 Lichtervelde
Hazelstraat 123 box A
8810 Lichtervelde
Active since 14 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.678.667
- VAT number
- BE 0769.678.667
- Registered office
- Hazelstraat 123 A, 8810 Lichtervelde
- Names & denominations
- GV² PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2021
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Handelsbemiddeling in de groothandel in andere specifieke goederen
Landschapsverzorging