GEVAN
ActiveSummary
GEVAN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €4k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-16
Solvency100=
Growth65▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 5.2 in 2024; short-term debt: 9.8% and cash: 6.7% of total assets), and 14.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
85.7%
Return on assets
4.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
8 d early
2022
10 d early
2021
19 d late
2020
1 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€57k=
2024 · €57k
2018: €49k
2019: €48k▼ -1.2% vs 2018lowest value
2020: €51k▲ +6.3% vs 2019
2021: €51k● 0.0% vs 2020
2022: €51k● 0.0% vs 2021
2024: €57khighest value
2025: €57k● 0.0% vs 2024highest value
2018 → 2025
EBIT margin
8.8%▼ 15.9pp
2024 · 24.7%
2018: 0.6%lowest value
2019: 14.0%▲ +2096% vs 2018
2020: 1.2%▼ -91.2% vs 2019
2021: 4.0%▲ +223% vs 2020
2022: 13.1%▲ +231% vs 2021
2024: 24.7%highest value
2025: 8.8%▼ -64.4% vs 2024
2018 → 2025
Net result
€4k▼ 61.6%
2024 · €11k
2018: €288lowest in 8 years
2019: €5k▲ +1678% vs 2018
2020: €584▼ -88.6% vs 2019
2021: €2k▲ +163% vs 2020
2022: €5k▲ +233% vs 2021
2023: €3k▼ -43.0% vs 2022
2024: €11k▲ +265% vs 2023highest in 8 years
2025: €4k▼ -61.6% vs 2024
2018 → 2025
Working capital
€50k▲ 17.3%
2024 · €43k
2018: €16k
2019: €21k▲ +29.0% vs 2018
2020: €19k▼ -5.8% vs 2019
2021: €13k▼ -31.3% vs 2020lowest in 8 years
2022: €23k▲ +73.9% vs 2021
2023: €28k▲ +21.8% vs 2022
2024: €43k▲ +50.8% vs 2023
2025: €50k▲ +17.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€51k-€51k=€57k€57k=
2021: €51klowest value
2022: €51k● 0.0% vs 2021lowest value
2024: €57khighest value
2025: €57k● 0.0% vs 2024highest value
Equity€54k-€59k▲ 9.5%€62k▲ 5.0%€72k▲ 17.3%€77k▲ 5.7%
2021: €54klowest in 5 years
2022: €59k▲ +9.5% vs 2021
2023: €62k▲ +5.0% vs 2022
2024: €72k▲ +17.3% vs 2023
2025: €77k▲ +5.7% vs 2024highest in 5 years
Operating result€2k-€7k▲ 231%€4k▼ 44.0%€14k▲ 275%€5k▼ 64.4%
2021: €2klowest in 5 years
2022: €7k▲ +231% vs 2021
2023: €4k▼ -44.0% vs 2022
2024: €14k▲ +275% vs 2023highest in 5 years
2025: €5k▼ -64.4% vs 2024
Net result€2k-€5k▲ 233%€3k▼ 43.0%€11k▲ 265%€4k▼ 61.6%
2021: €2klowest in 5 years
2022: €5k▲ +233% vs 2021
2023: €3k▼ -43.0% vs 2022
2024: €11k▲ +265% vs 2023highest in 5 years
2025: €4k▼ -61.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€30k ▼ 7.8%
Current assets
€59k ▲ 11.3%
Equity and liabilities €89k
Equity
€77k ▲ 5.7%
Debt
€13k ▼ 5.2%
Debt's share of the balance-sheet total falls from 15.7% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €17k
Cash flow
€7k▼
2024 · €14k
Current ratio
6.72▲
2024 · 5.20
Debt to equity
0.17▼
2024 · 0.19
ROE
5.4%▼
2024 · 14.7%
ROA
4.6%▼
2024 · 12.4%
Interest coverage
272.13▼
2024 · 731.37
Debt ≤ 1 year
€9k▼
2024 · €10k
Income taxes
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€86k€89k▲
Fixed assets21/28€33k€30k▼
Tangible fixed assets22/27€33k€30k▼
Land and buildings22€31k€30k▼
Plant, machinery and equipment23€2k€366▼
Current assets29/58€53k€59k▲
Amounts receivable within one year40/41€52k€52k▲
Trade receivables40€5k€5k=
Other amounts receivable41€47k€47k▲
Cash at bank and in hand54/58€675€6k▲
Deferred charges and accrued income490/1€637€657▲
Equity and liabilities
Total equity and liabilities10/49€86k€89k▲
Equity10/15€72k€77k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€52k€56k▲
Amounts payable17/49€13k€13k▼
Amounts payable within one year42/48€10k€9k▼
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Turnover70€57k€57k=
Goods, raw materials, services and sundry goods60/61€38k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€22k€12k▼
Operating profit (loss)9901€14k€5k▼
Financial income75/76B€501€731▲
Recurring financial income75€501€731▲
Financial charges65/66B€24€28▲
Recurring financial charges65€24€28▲
Profit (loss) for the period before taxes9903€15k€6k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€11k€4k▼
Profit (loss) for the period to be appropriated9905€11k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€56k▲
Profit (loss) brought forward from the previous period14P€41k€52k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €51k | €51k | - | €57k | €57k | = |
| Goods, raw materials, services and sundry goods60/61 | €43k | €38k | - | €38k | €45k | ▲ 19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €4k | €3k | €3k | ▼ 19.1% |
| Other operating charges640/8 | €3k | €3k | €4k | €4k | €4k | ▼ 7.8% |
| Gross operating margin9900 | €8k | €13k | €11k | €22k | €12k | ▼ 46.3% |
| Operating profit (loss)9901 | €2k | €7k | €4k | €14k | €5k | ▼ 64.4% |
| Financial income75/76B | €165 | €298 | €333 | €501 | €731 | ▲ 45.9% |
| Recurring financial income75 | €165 | €298 | €333 | €501 | €731 | ▲ 45.9% |
| Financial charges65/66B | €21 | €23 | €24 | €24 | €28 | ▲ 18.1% |
| Recurring financial charges65 | €21 | €23 | €24 | €24 | €28 | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €2k | €7k | €4k | €15k | €6k | ▼ 60.8% |
| Income taxes67/77 | €632 | €2k | €1k | €4k | €2k | ▼ 58.6% |
| Profit (loss) for the period9904 | €2k | €5k | €3k | €11k | €4k | ▼ 61.6% |
| Profit (loss) for the period to be appropriated9905 | €2k | €5k | €3k | €11k | €4k | ▼ 61.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65k | €69k | €69k | €86k | €89k | ▲ 4.0% |
| Fixed assets21/28 | €43k | €40k | €36k | €33k | €30k | ▼ 7.8% |
| Tangible fixed assets22/27 | €43k | €40k | €36k | €33k | €30k | ▼ 7.8% |
| Land and buildings22 | €34k | €33k | €32k | €31k | €30k | ▼ 2.0% |
| Plant, machinery and equipment23 | €9k | €7k | €4k | €2k | €366 | ▼ 84.4% |
| Current assets29/58 | €22k | €29k | €32k | €53k | €59k | ▲ 11.3% |
| Amounts receivable within one year40/41 | €20k | €28k | €31k | €52k | €52k | ▲ 1.2% |
| Trade receivables40 | €5k | €5k | €11k | €5k | €5k | = |
| Other amounts receivable41 | €16k | €23k | €20k | €47k | €47k | ▲ 1.4% |
| Cash at bank and in hand54/58 | €1k | €993 | €911 | €675 | €6k | ▲ 790% |
| Deferred charges and accrued income490/1 | €545 | €559 | €612 | €637 | €657 | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65k | €69k | €69k | €86k | €89k | ▲ 4.0% |
| Equity10/15 | €54k | €59k | €62k | €72k | €77k | ▲ 5.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €33k | €38k | €41k | €52k | €56k | ▲ 7.9% |
| Amounts payable17/49 | €12k | €10k | €7k | €13k | €13k | ▼ 5.2% |
| Amounts payable within one year42/48 | €9k | €6k | €4k | €10k | €9k | ▼ 13.9% |
| Trade debts44 | €8k | €4k | €3k | €6k | €7k | ▲ 13.7% |
| Suppliers440/4 | €8k | €4k | €3k | €6k | €7k | ▲ 13.7% |
| Taxes, remuneration and social security45 | €632 | €2k | €1k | €4k | €2k | ▼ 58.6% |
| Taxes450/3 | €632 | €2k | €1k | €4k | €2k | ▼ 58.6% |
| Accrued charges and deferred income492/3 | €3k | €4k | €3k | €3k | €4k | ▲ 22.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €5k | €3k | €11k | €4k | ▼ 61.6% |
| + Depreciation and write-downs630 | €3k | €4k | €4k | €3k | €3k | ▼ 19.1% |
| Operating cash flow (approximation) | €5k | €9k | €6k | €14k | €7k | ▼ 51.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-492 | €-82 | €-236 | €5k | ▲ 2,358% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €11k ▲265%
Operating result €14k, net result €11k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ardooie · 1 establishment unit since 1991
Ground area
1.0 ha
Building footprint
743 m²
Volume, LiDAR
1,032 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
GEVAN
since 19912.053.815.642
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37005C0830/00C000 | Flanders | 7,899 m² | 1 · 530 m² | - |
| 32025A0142/00S000 | Flanders | 2,380 m² | 1 · 213 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortemark2.053.815.642
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Of 902 companies in sector 01461 we hold annual accounts for 295. 184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-07-1991
Fiscal year end30-09
Activities, NACEBEL 2025
01461Pig breeding farms
46872Wholesale trade
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.