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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GVC+ from Gent, company number BE0840818269, closed financial year 2025 with a result of € -2,047 after tax. For that financial year GVC+ recorded a gross margin of € 142,525 and equity of € 177,661. Compared with financial year 2024, the result moved from € 5,421 to € -2,047. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ 177,661
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,047
▼ still € 5,421 profit in 2024
Profit after tax over the fiscal year.
€ 981
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 165,061.
People and assets in 2025
€ 11,390
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 240% vs 2024
€ 109,892 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 30,859
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,759
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 308,004 | - | - | - | |
| Gross margin | € 122,310 | € 203,031 | € 117,701 | € 142,525 | ▲ 21% |
| Profit after taxes | € 22,582 | € 50,128 | € 5,421 | € -2,047 | ▼ € 7,468 |
| Equity | € 124,160 | € 174,287 | € 179,708 | € 177,661 | ▼ 1% |
| Total debts | € 685,932 | € 648,105 | € 579,670 | € 1,716,040 | ▲ 196% |
| Cash | € 0 | € 4,838 | € 3,715 | € 981 | ▼ 74% |
| Land & buildings | € 553,787 | € 524,145 | € 485,261 | € 436,801 | ▼ 10% |
| Retained profit | € 111,560 | € 161,687 | € 167,108 | € 165,061 | ▼ 1% |
| Bank debt | € 564,416 | € 486,841 | € 402,523 | € 1,367,544 | ▲ 240% |
| Balance sheet total | € 810,091 | € 822,392 | € 759,378 | € 1,893,701 | ▲ 149% |
Key figures of GVC+, 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 GVC+?
What happened at GVC+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,047 (▼ € 7,468 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,582 profit in 2022 to € 2,047 loss in 2025.
Paid € 93,303 in corporate taxes since 2022.
Best year ever: 2023, with € 50,128 profit.
Establishments
Establishment units
Physical locations of this company
Gebroeders Van Eyckstraat 42
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.818.269
- VAT number
- BE 0840.818.269
- Registered office
- Gebroeders Van Eyckstraat 42, 9000 Gent
- Names & denominations
- GVC+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2011
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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