Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GDC RENOVATION from Wervik, company number BE0824261062, closed financial year 2025 with a result of € 580 after tax. For that financial year GDC RENOVATION recorded a gross margin of € 22,333 and equity of € 115,295. Compared with financial year 2024, the result moved from € 2,110 to € 580. The company is profitable. 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 January 27, 2026.
€ 115,295
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 580
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 14,233
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 580 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 46,382
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 40,158
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,198
▼ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,554 | € 33,362 | € 30,901 | € 22,333 | ▼ 28% |
| Profit after taxes | € 13,469 | € 11,261 | € 2,110 | € 580 | ▼ 72% |
| Equity | € 101,935 | € 113,184 | € 115,295 | € 115,295 | |
| Total debts | € 71,052 | € 115,669 | € 136,575 | € 141,769 | ▲ 4% |
| Cash | - | € 5,365 | € 9,417 | € 14,233 | ▲ 51% |
| Land & buildings | € 131,866 | € 124,381 | € 116,895 | € 109,660 | ▼ 6% |
| Retained profit | € 83,385 | € 94,634 | € 96,745 | € 96,745 | |
| Dividend | € 0 | € 0 | € 0 | € 580 | |
| Bank debt | € 54,831 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 172,987 | € 228,853 | € 251,870 | € 257,064 | ▲ 2% |
Key figures of GDC RENOVATION, 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 January 2027.
What happened to GDC RENOVATION?
What happened at GDC RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 580 (▼ 72% vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,469 profit in 2022 to € 580 profit in 2025.
Paid € 12,774 in corporate taxes since 2022.
Best year ever: 2022, with € 13,469 profit.
Paid out € 580 in dividends to the owners in total.
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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
Establishments
Establishment units
Physical locations of this company
Vrouwstraat 8
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.261.062
- VAT number
- BE 0824.261.062
- Registered office
- Vrouwstraat 8, 8940 Wervik
- Names & denominations
- GDC RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2010
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Groothandel in vloer- en wandtegels
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden