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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
GVW PROJECTS from Grobbendonk, company number BE0785260827, closed financial year 2025 with a result of € -21,323 after tax. For that financial year GVW PROJECTS recorded a gross margin of € 32,534 and equity of € 37,470. Compared with financial year 2024, the result moved from € 13,973 to € -21,323. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 37,470
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,323
▼ still € 13,973 profit in 2024
Profit after tax over the fiscal year.
€ 20,830
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,970.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 42,176
▲ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,458
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,366
Loans from banks and other lenders, long and short.
€ 1,058
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,907
▼ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 78,858 | - | - | - | |
| Gross margin | € 48,973 | € 80,734 | € 70,303 | € 32,534 | ▼ 54% |
| Profit after taxes | € 19,960 | € 22,361 | € 13,973 | € -21,323 | ▼ € 35,296 |
| Equity | € 22,460 | € 44,820 | € 58,793 | € 37,470 | ▼ 36% |
| Total debts | € 24,189 | € 18,151 | € 10,090 | € 6,331 | ▼ 37% |
| Cash | € 12,997 | € 26,969 | € 35,785 | € 20,830 | ▼ 42% |
| Retained profit | € 19,960 | € 42,320 | € 56,293 | € 34,970 | ▼ 38% |
| Bank debt | € 0 | € 3,377 | € 0 | € 3,366 | |
| Balance sheet total | € 46,649 | € 62,971 | € 68,883 | € 43,800 | ▼ 36% |
Key figures of GVW 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 GVW PROJECTS?
What happened at GVW PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,323 (▼ € 35,296 vs 2024). Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Glenn Van Winckel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,960 profit in 2022 to € 21,323 loss in 2025.
Paid € 22,697 in corporate taxes since 2022.
Best year ever: 2023, with € 22,361 profit.
Management
Behind GVW PROJECTS is Glenn Van Winckel.
Directors
According to the 2025 annual accounts
Glenn Van Winckel
Administrator-manager
since 2022
Establishments
Establishment units
Physical locations of this company
Leopoldstraat 105A
2280 Grobbendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.260.827
- VAT number
- BE 0785.260.827
- Registered office
- Leopoldstraat 105A, 2280 Grobbendonk
- Names & denominations
- GVW PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2022
- Peppol
- Active · Active since 9 Jul 2025
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van gereedschap, muv vormkasten en gietvormen
Vervaardiging van metalen constructiewerken en delen daarvan
Schrijnwerk
Coating van metalen
Groothandel in ijzerwaren
Oppervlaktebehandeling van metalen
Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen