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 38 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.4 to 3.4.
Financials
Financial year 2025
GVR - SERVICE from Beveren-Kruibeke-Zwijndrecht, company number BE0867293727, closed financial year 2025 with a result of € 70,286 after tax. For that financial year GVR - SERVICE recorded a gross margin of € 614,624 and equity of € 797,367. Compared with financial year 2024, the result moved from € 160,067 to € 70,286. 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 July 2, 2026.
€ 797,367
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,286
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 6,504
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 784,967.
People and assets in 2025
3.4
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 344,305
▼ 16% vs 2024
€ 101,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 111,393
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 991,880
▼ 5% vs 2024
€ 137,281 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 58,543
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,607
▼ 64% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 871,575 | € 1,174,151 | € 812,428 | € 614,624 | ▼ 24% |
| Profit after taxes | € 122,671 | € 203,897 | € 160,067 | € 70,286 | ▼ 56% |
| Equity | € 535,117 | € 639,014 | € 727,081 | € 797,367 | ▲ 10% |
| Total debts | € 1,361,456 | € 1,417,524 | € 1,347,753 | € 1,086,759 | ▼ 19% |
| Cash | € 53,186 | € 85,860 | € 83,955 | € 6,504 | ▼ 92% |
| Land & buildings | € 1,294,543 | € 1,602,934 | € 1,570,813 | € 1,549,968 | ▼ 1% |
| Retained profit | € 522,717 | € 626,614 | € 714,681 | € 784,967 | ▲ 10% |
| Dividend | € 319,618 | € 100,000 | € 72,000 | € 0 | ▼ 100% |
| Bank debt | € 1,078,804 | € 1,130,733 | € 1,045,904 | € 991,880 | ▼ 5% |
| Balance sheet total | € 2,039,588 | € 2,187,599 | € 2,193,943 | € 1,996,094 | ▼ 9% |
| Employees (FTE) | 5.2 | 5.4 | 4.1 | 3.4 | ▼ 0.7 |
Key figures of GVR - SERVICE, 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 GVR - SERVICE?
What happened at GVR - SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,286 (▼ 56% vs 2024). Source: NBB ↗
- Wendy Van Uytfange became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
- Gerd Van Remoortere became a director. NBB
In short
From € 122,671 profit in 2022 to € 70,286 profit in 2025.
Paid € 338,813 in corporate taxes since 2022.
Best year ever: 2023, with € 203,897 profit.
On average € 180,800 of value added per employee in 2025.
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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 GVR - SERVICE are Wendy Van Uytfange and Gerd Van Remoortere.
Directors
According to the 2025 annual accounts
Wendy Van Uytfange
Director
since 2019
Gerd Van Remoortere
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Portugezenstraat 7
9150 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.293.727
- VAT number
- BE 0867.293.727
- Registered office
- Portugezenstraat 7, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- GVR - SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2004
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Reparatie en onderhoud van machines
Algemene metaalbewerking
Verspanend bewerken van metalen
Vervaardiging van overige producten van metaal, neg