GVS is a metalworking company in Izegem. Private Limited, started on 30 June 2004, 1 establishment.

What is the address of GVS?

The registered office of GVS is located at Ambachtenstraat 26, 8870 Izegem.

Yes. According to the CBE (15 November 2026) GVS is active, legal situation “Normale toestand”, started on 30 June 2004.

Is GVS registered on Peppol?

No, GVS is currently not registered on the Peppol network.

What is the enterprise number of GVS?

The enterprise number of GVS is BE0866072220.

When was GVS founded?

GVS was founded on 30 June 2004.

Who are the directors of GVS?

According to the 2025 annual accounts, the directors of GVS are: Stijn Gruyaert.

Is GVS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 June 2004; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GVS make in 2025?

GVS posted a profit after taxes of € 2,390 in financial year 2025.

What is the revenue of GVS?

As a small company, GVS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -16,892.

GVS (Private Limited) - Izegem - BE0866072220

Dossier GVS, printed on 15 November 2026 from databakkes.be/en/0866072220/gvs. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

GVS from Izegem, company number BE0866072220, closed financial year 2025 with a result of € 2,390 after tax. For that financial year GVS recorded a gross margin of € -16,892 and equity of € 578,618. Compared with financial year 2024, the result moved from € 292,202 to € 2,390. 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 January 29, 2026.

What it is worth Growing

€ 578,618

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2,390

▼ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 74,726

▼ 82% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 453,618.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3,285

▼ 55% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,607

▼ 96% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 281,896 Gross margin 2022: € 281,896 First fiscal year in the series	€ 125,767 Gross margin 2023: € 125,767 ▼ 55% vs 2022 (€ 281,896) Unfavourable step	€ 481,033 Gross margin 2024: € 481,033 ▲ 282% vs 2023 (€ 125,767) Favourable step	€ -16,892 Gross margin 2025: € -16,892 ▼ € 497,925 vs 2024 (€ 481,033) Unfavourable step	▼ € 497,925
Profit after taxes	€ 69,350 Profit after taxes 2022: € 69,350 First fiscal year in the series	€ 8,824 Profit after taxes 2023: € 8,824 ▼ 87% vs 2022 (€ 69,350) Unfavourable step	€ 292,202 Profit after taxes 2024: € 292,202 ▲ € 283,378 vs 2023 (€ 8,824) Favourable step	€ 2,390 Profit after taxes 2025: € 2,390 ▼ 99% vs 2024 (€ 292,202) Unfavourable step	▼ 99%
Equity	€ 275,201 Equity 2022: € 275,201 First fiscal year in the series	€ 284,026 Equity 2023: € 284,026 ▲ 3% vs 2022 (€ 275,201) Favourable step	€ 576,228 Equity 2024: € 576,228 ▲ 103% vs 2023 (€ 284,026) Favourable step	€ 578,618 Equity 2025: € 578,618 Unchanged (€ 576,228) Favourable step
Total debts	€ 398,210 Total debts 2022: € 398,210 First fiscal year in the series	€ 278,572 Total debts 2023: € 278,572 ▼ 30% vs 2022 (€ 398,210) Favourable step	€ 53,127 Total debts 2024: € 53,127 ▼ 81% vs 2023 (€ 278,572) Favourable step	€ 4,892 Total debts 2025: € 4,892 ▼ 91% vs 2024 (€ 53,127) Favourable step	▼ 91%
Cash	€ 13,389 Cash 2022: € 13,389 First fiscal year in the series	€ 48,939 Cash 2023: € 48,939 ▲ 266% vs 2022 (€ 13,389) Favourable step	€ 414,903 Cash 2024: € 414,903 ▲ € 365,964 vs 2023 (€ 48,939) Favourable step	€ 74,726 Cash 2025: € 74,726 ▼ 82% vs 2024 (€ 414,903) Unfavourable step	▼ 82%
Land & buildings	€ 139,204 Land & buildings 2022: € 139,204 First fiscal year in the series	€ 132,304 Land & buildings 2023: € 132,304 ▼ 5% vs 2022 (€ 139,204) Unchanged	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 132,304) Unchanged	-
Retained profit	€ 150,201 Retained profit 2022: € 150,201 First fiscal year in the series	€ 159,026 Retained profit 2023: € 159,026 ▲ 6% vs 2022 (€ 150,201) Favourable step	€ 451,228 Retained profit 2024: € 451,228 ▲ 184% vs 2023 (€ 159,026) Favourable step	€ 453,618 Retained profit 2025: € 453,618 ▲ 1% vs 2024 (€ 451,228) Favourable step	▲ 1%
Bank debt	€ 280,532 Bank debt 2022: € 280,532 First fiscal year in the series	€ 144,946 Bank debt 2023: € 144,946 ▼ 48% vs 2022 (€ 280,532) Favourable step	€ 6,960 Bank debt 2024: € 6,960 ▼ 95% vs 2023 (€ 144,946) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 6,960) Favourable step	▼ 100%
Balance sheet total	€ 673,412 Balance sheet total 2022: € 673,412 First fiscal year in the series	€ 562,598 Balance sheet total 2023: € 562,598 ▼ 16% vs 2022 (€ 673,412) Unchanged	€ 629,354 Balance sheet total 2024: € 629,354 ▲ 12% vs 2023 (€ 562,598) Unchanged	€ 583,510 Balance sheet total 2025: € 583,510 ▼ 7% vs 2024 (€ 629,354) Unchanged	▼ 7%

By gross margin, GVS ranks 56th of 58 companies with main activity “Smeden van metaal” in West Flanders that publish figures (fiscal year 2025).

Key figures of GVS, 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.

Ask about GVS the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to GVS?

What happened at GVS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 29, 2026 New annual accounts for financial year 2025: profit of € 2,390 (▼ 99% vs 2024). Source: NBB ↗
Jul 1, 2004 New establishment in Izegem. KBO
Jun 30, 2004 Start of the company according to the CBE. KBO
2004 Stijn Gruyaert became a director. NBB

In short

From € 69,350 profit in 2022 to € 2,390 profit in 2025.

Paid € 161,587 in corporate taxes since 2022.

Best year ever: 2024, with € 292,202 profit.

Original PDFs at the National Bank ↗

Management

Stijn Gruyaert

GVS

Behind GVS is Stijn Gruyaert.

Directors

According to the 2025 annual accounts

Stijn Gruyaert

Director

since 2004

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtenstraat 26

8870 Izegem

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 →

ATELIER 620

€ 496,464 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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All companies with this activity → Largest companies in Izegem →

Details

Company number

0866.072.220

VAT number

BE 0866.072.220

Registered office

Ambachtenstraat 26, 8870 Izegem

Names & denominations

GVS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 June 2004

Peppol

Not registered

Activities · NACE

Smeden van metaal

Verspanend bewerken van metalen

Reparatie en onderhoud van machines

Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg

Groothandel in andere machines en werktuigen, neg

Herstelling van landbouwmachines

Algemene metaalbewerking

Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv

View on CBE Public ↗ Annual accounts (NBB) ↗

GVS