Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G&V DECOR from Gent, company number BE0810608115, closed financial year 2025 with a result of € -2,553 after tax. For that financial year G&V DECOR recorded a gross margin of € 225,988 and equity of € -75,801. Compared with financial year 2024, the result moved from € -74,833 to € -2,553. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ -75,801
▼ € 2,553 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,553
▲ 97 % less loss than in 2024
Profit after tax over the fiscal year.
€ 24,216
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -94,401.
People and assets in 2025
€ 195,269
▼ 26% 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.
€ 48,573
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,386
▲ 91% vs 2024
€ 6,642 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 257,555
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,830
▼ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 196,072 | € 400,766 | € 239,041 | € 225,988 | ▼ 5% |
| Profit after taxes | € -150,778 | € 133,285 | € -74,833 | € -2,553 | ▲ € 72,279 |
| Equity | € -131,700 | € 1,585 | € -73,248 | € -75,801 | ▼ € 2,553 |
| Total debts | € 405,131 | € 311,961 | € 380,391 | € 355,628 | ▼ 7% |
| Cash | € 1,009 | € 33,008 | € 47,812 | € 24,216 | ▼ 49% |
| Retained profit | € -150,300 | € -17,015 | € -91,848 | € -94,401 | ▼ € 2,553 |
| Bank debt | € 58,453 | € 46,905 | € 15,912 | € 30,386 | ▲ 91% |
| Balance sheet total | € 273,431 | € 313,546 | € 307,143 | € 279,826 | ▼ 9% |
| Employees (FTE) | 5.8 | - | - | - |
Key figures of G&V DECOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to G&V DECOR?
What happened at G&V DECOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,553. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 150,778 loss in 2022 to € 2,553 loss in 2025.
Paid € 1,136 in corporate taxes since 2022.
Best year ever: 2023, with € 133,285 profit.
On average € 33,800 of value added per employee in 2022.
Management
Behind G&V DECOR are Vincent DE PAEPE and Gerdy FOSSELLE. Vincent DE PAEPE is also behind LE-ALLPROJECTS, RECONSTRUCT and RENOWOONST.
Directors
According to the 2025 annual accounts
Gerdy FOSSELLE
Director
Establishments
Establishment units
Physical locations of this company
Eugeen Zetternamstraat 13 box A
9050 Gent
Eugeen Zetternamstraat 13 box a
9050 Gent
Active since 1 April 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Barracuda
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0810.608.115
- VAT number
- BE 0810.608.115
- Registered office
- Eugeen Zetternamstraat 13 bus A, 9050 Gent
- Names & denominations
- G&V DECOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2009
- Peppol
- Active · Active since 2 Sept 2023
- Contact
- gvdecor.be
- Activities · NACE
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