Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G.V. CONSTRUCTION from Jabbeke, company number BE0835427247, closed financial year 2025 with a result of € -40,966 after tax. For that financial year G.V. CONSTRUCTION recorded a gross margin of € 23,219 and equity of € 18,519. Compared with financial year 2024, the result moved from € -56,270 to € -40,966. The company made a loss. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 18,519
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,966
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 13,074
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31.
People and assets in 2025
€ 117,983
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 231,611
▲ 4% vs 2024
€ 45,271 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 44,644
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,474
▼ 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 | € 68,051 | € 82,803 | € 13,595 | € 23,219 | ▲ 71% |
| Profit after taxes | € 26,098 | € 19,298 | € -56,270 | € -40,966 | ▲ € 15,304 |
| Equity | € 112,347 | € 131,646 | € 75,376 | € 18,519 | ▼ 75% |
| Total debts | € 317,168 | € 286,557 | € 285,762 | € 331,777 | ▲ 16% |
| Cash | € 3,961 | € 18,004 | € 20,784 | € 13,074 | ▼ 37% |
| Land & buildings | € 119,031 | € 117,221 | € 115,412 | € 113,603 | ▼ 2% |
| Retained profit | € 93,797 | € 113,096 | € 56,826 | € -31 | ▼ € 56,857 |
| Dividend | € 0 | € 0 | € 0 | € 15,891 | |
| Bank debt | € 202,392 | € 223,018 | € 222,340 | € 231,611 | ▲ 4% |
| Balance sheet total | € 429,516 | € 418,202 | € 361,138 | € 350,296 | ▼ 3% |
Key figures of G.V. CONSTRUCTION, 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 G.V. CONSTRUCTION?
What happened at G.V. CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,966. Source: NBB ↗
- Louis Vanneste became a director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
- Geert Vanneste became a director. NBB
In short
From € 26,098 profit in 2022 to € 40,966 loss in 2025.
Paid € 13,658 in corporate taxes since 2022.
Best year ever: 2022, with € 26,098 profit.
Paid out € 15,891 in dividends to the owners in total.
A new publication or filing at G.V. CONSTRUCTION? We notify you, reason included.
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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
Management
Behind G.V. CONSTRUCTION are Louis Vanneste and Geert Vanneste.
Directors
According to the 2025 annual accounts
Louis Vanneste
Director
since 2019
Geert Vanneste
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Zandstraat 34
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0835.427.247
- VAT number
- BE 0835.427.247
- Registered office
- Zandstraat 34, 8490 Jabbeke
- Names & denominations
- G.V. CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2011
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Metselwerk
Algemene bouw van residentiële gebouwen
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen