GERDI VANHUYSE
ActiveGERDI VANHUYSE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €32k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+30
Solvency74▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.88 in 2024; short-term debt: 32.5% and cash: 9.7% of total assets), but 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
11.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
43 d early
2023
26 d late
2022
31 d late
2021
1 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€138k▲ 29.7%
2024 · €106k
2018: €148k
2019: €31k
2020: €64k
2021: €122k
2022: €142k
2023: €103k
2024: €106k
2018 → 2025
Total assets
€279k▲ 12.4%
2024 · €249k
2018: €346k
2019: €184k
2020: €228k
2021: €279k
2022: €245k
2023: €248k
2024: €249k
2018 → 2025
Net result
€32k▲ 984%
2024 · €3k
2018: €13k
2019: €-117k
2020: €34k
2021: €58k
2022: €19k
2023: €-38k
2024: €3k
2018 → 2025
Working capital
€100k▲ 26.9%
2024 · €79k
2018: €233k
2019: €85k
2020: €79k
2021: €120k
2022: €127k
2023: €86k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€142k▲ 15.6%€103k▼ 26.9%€106k▲ 2.8%€138k▲ 29.7%
Operating result€62k-€28k▼ 55.5%€-33k€12k€49k▲ 308%
Net result€58k-€19k▼ 67.2%€-38k€3k€32k▲ 984%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 308% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €279k
Fixed assets
€88k▲ 10.5%
Current assets
€191k▲ 13.2%
Equity and liabilities €279k
Equity
€138k▲ 29.7%
Debt
€141k▼ 0.6%
The debt ratio falls from 57.2% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €34k
Cash flow
€56k▲
2024 · €25k
Solvency
49.4%▲
2024 · 42.8%
Current ratio
2.10▲
2024 · 1.88
Quick ratio
1.39▲
2024 · 1.19
Debt / equity
1.03▼
2024 · 1.34
ROE
22.9%▲
2024 · 2.7%
ROA
11.3%▲
2024 · 1.2%
Interest coverage
9.41▲
2024 · 3.88
Debt
€141k▼
2024 · €142k
Debt ≤ 1 year
€91k▲
2024 · €90k
Debt > 1 year
€51k▼
2024 · €53k
Income taxes
€9k▲
2024 · €185
Staff costs
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€249k€279k▲
Fixed assets21/28€80k€88k▲
Tangible fixed assets22/27€80k€88k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€75k€83k▲
Other tangible fixed assets26€4k€3k▼
Current assets29/58€169k€191k▲
Stocks and contracts in progress3€62k€65k▲
Stocks30/36€62k€65k▲
Amounts receivable within one year40/41€102k€95k▼
Trade receivables40€72k€73k▲
Other amounts receivable41€30k€22k▼
Cash at bank and in hand54/58€1k€27k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€249k€279k▲
Equity10/15€106k€138k▲
Contributions10/11€30k€30k=
Reserves13€64k€96k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€61k€93k▲
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€142k€141k▼
Amounts payable after more than one year17€53k€51k▼
Financial debts170/4€53k€51k▼
Amounts payable within one year42/48€90k€91k▲
Current portion of amounts payable after more than one year42€17k€30k▲
Financial debts43€36k€31k▼
Credit institutions430/8€36k€31k▼
Trade debts44€34k€17k▼
Suppliers440/4€34k€17k▼
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€686€10k▲
Remuneration and social security454/9€2k€2k=
Income statement
Code20242025
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k-
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A€5k€3k▼
Gross operating margin9900€45k€80k▲
Operating profit (loss)9901€12k€49k▲
Financial income75/76B€10€96▲
Recurring financial income75€10€96▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€3k€41k▲
Income taxes67/77€185€9k▲
Profit (loss) for the period9904€3k€32k▲
Profit (loss) for the period to be appropriated9905€3k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€44k▲
Profit (loss) brought forward from the previous period14P€10k€13k▲
Transfer to equity691/2-€32k
To other reserves6921-€32k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €58k ▲73.2%
Operating result €62k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €122k ▲90.6%
2 profitable years in a row build equity to €122k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-117k ▼999%
Net result drops to €-117k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heuntjesstraat 448570 AnzegemGround area
1,002 m²
Building footprint
126 m²
Volume, LiDAR
554 m³
Parcel 34002B0551/00N000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GERDI VANHUYSE BVBA
since 19982.088.290.531
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002B0551/00N000 | Flanders | 1,002 m² | 1 · 126 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,273 EUR awarded · 1,183 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 390 EUR | 390 EUR |
| 2024 | 1 | 583 EUR | 583 EUR |
| 2023 | 1 | 0 EUR | 210 EUR |
| 2022 | 1 | 300 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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ROBELEC
BE 0684.707.459
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RUBEN HILLEWAERE
BE 0842.594.458
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DE SMET VAN DAMME
BE 0875.501.412
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LUC DEHEM
BE 0459.532.352
Wervik · Eq €138k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-07-1998
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.