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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GVDC from Aalter, company number BE0787518848, closed financial year 2025 with a result of € 62,549 after tax. For that financial year GVDC recorded a gross margin of € 113,716 and equity of € 238,595. Compared with financial year 2024, the result moved from € 75,807 to € 62,549. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 238,595
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,549
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 43,313
▼ 39% 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 € 203,595.
People and assets in 2025
€ 21,038
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 181,206
▼ 22% vs 2024
€ 54,071 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 128
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,478
▼ 66% vs 2024
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 | € 21,844 | € 87,872 | € 116,329 | € 113,716 | ▼ 2% |
| Profit after taxes | € 14,809 | € 50,430 | € 75,807 | € 62,549 | ▼ 17% |
| Equity | € 49,809 | € 100,239 | € 176,046 | € 238,595 | ▲ 36% |
| Total debts | € 312,621 | € 363,225 | € 332,093 | € 235,569 | ▼ 29% |
| Cash | € 30,790 | € 36,323 | € 70,591 | € 43,313 | ▼ 39% |
| Retained profit | € 14,809 | € 65,239 | € 141,046 | € 203,595 | ▲ 44% |
| Bank debt | € 295,000 | € 284,962 | € 233,808 | € 181,206 | ▼ 22% |
| Balance sheet total | € 362,430 | € 463,464 | € 508,138 | € 474,164 | ▼ 7% |
Key figures of GVDC, 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 GVDC?
What happened at GVDC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,549 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Aalter. KBO
- GRIET VAN DE CAVEYE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,809 profit in 2022 to € 62,549 profit in 2025.
Paid € 71,612 in corporate taxes since 2022.
Best year ever: 2024, with € 75,807 profit.
Management
Behind GVDC is GRIET VAN DE CAVEYE. GRIET VAN DE CAVEYE is also behind HET HOUTSCHE and VDC Project.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Venakker 50
9880 Aalter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.518.848
- VAT number
- BE 0787.518.848
- Registered office
- Venakker 50, 9880 Aalter
- Names & denominations
- GVDC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2022
- Peppol
- Active · Active since 11 Jun 2025
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