GVO SERVICE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €209k and a net result of €44k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 7980 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day 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
1 d late
2024
3 d late
2023
on the day
2022
3 d late
2021
31 d early
2020
39 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€209k▲ 26.6%
2024 · €165k
2019: €46k
2020: €72k
2021: €101k
2022: €119k
2023: €131k
2024: €165k
2019 → 2025
Net result
€44k▲ 28.8%
2024 · €34k
2019: €24k
2020: €26k
2021: €28k
2022: €18k
2023: €12k
2024: €34k
2019 → 2025
Total assets
€313k▲ 47.7%
2024 · €212k
2019: €48k
2020: €74k
2021: €116k
2022: €138k
2023: €160k
2024: €212k
2019 → 2025
Solvency
66.9%▼ 11.1pp
2024 · 78.0%
2019: 95.8%
2020: 98.1%
2021: 87.0%
2022: 86.1%
2023: 82.0%
2024: 78.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€119k▲ 17.8%€131k▲ 10.5%€165k▲ 26.1%€209k▲ 26.6%
Operating result€28k-€18k▼ 36.7%€13k▼ 30.3%€34k▲ 173%€45k▲ 32.3%
Net result€28k-€18k▼ 36.8%€12k▼ 30.4%€34k▲ 174%€44k▲ 28.8%
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 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313k
Fixed assets
€240k▲ 82.0%
Current assets
€73k▼ 9.1%
Equity and liabilities €313k
Equity
€209k▲ 26.6%
Debt
€104k▲ 122%
The debt ratio rises from 22.0% to 33.1%. Equity and debt are higher.
Key figures and ratios
Solvency
66.9%▼
2024 · 78.0%
ROE
21.0%▲
2024 · 20.7%
ROA
14.1%▼
2024 · 16.1%
Debt
€104k▲
2024 · €47k
Debt ≤ 1 year
€104k▲
2024 · €47k
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€212k€313k▲
Fixed assets21/28€132k€240k▲
Tangible fixed assets22/27€132k€240k▲
Land and buildings22€13k€12k▼
Plant, machinery and equipment23€114k€210k▲
Furniture and vehicles24€5k€18k▲
Current assets29/58€80k€73k▼
Amounts receivable within one year40/41€56k€59k▲
Trade receivables40€30k€37k▲
Other amounts receivable41€27k€22k▼
Cash at bank and in hand54/58€24k€13k▼
Equity and liabilities
Total equity and liabilities10/49€212k€313k▲
Equity10/15€165k€209k▲
Contributions10/11€216k€216k=
Profit (loss) carried forward14€-51k€-7k▲
Amounts payable17/49€47k€104k▲
Amounts payable within one year42/48€47k€104k▲
Trade debts44€2k€914▼
Suppliers440/4€2k€914▼
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Other amounts payable47/48€30k€96k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€35k▲
Other operating charges640/8€276€279▲
Gross operating margin9900€46k€80k▲
Operating profit (loss)9901€34k€45k▲
Financial charges65/66B€39€1k▲
Recurring financial charges65€39€1k▲
Profit (loss) for the period before taxes9903€34k€44k▲
Profit (loss) for the period9904€34k€44k▲
Profit (loss) for the period to be appropriated9905€34k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-7k▲
Profit (loss) brought forward from the previous period14P€-85k€-51k▲
The notes to these accounts (5 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
01-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
30-06
Financial
Highest result since 2019net €44k ▲28.8%
Operating result €45k, net result €44k, both a record.
30-06
Financial
Equity above €200kEq €209k ▲26.6%
7 profitable years in a row build equity to €209k.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Equity above €150kEq €165k ▲26.1%
6 profitable years in a row build equity to €165k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €12k ▼30.4%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €100kEq €101k ▲39.2%
3 profitable years in a row build equity to €101k.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 52.01
Current ratio from 23.57 to 52.01; short-term debt falls from €2k to €1k.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-12
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.
Directors · office · real estate
Directors
4 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, Sint-Gillis-Waas · 1 establishment unit since 2010
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.
Potterstraat(SP) 919170 Sint-Gillis-WaasGround area
3,681 m²
Building footprint
519 m²
Volume, LiDAR
1,426 m³
2 parcels, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DRETA
since 20102.192.920.174
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022B0162/00K000 | Flanders | 2,445 m² | 1 · 311 m² | 9.3 m · 1 fl. |
| 46022B1349/00A000 | Flanders | 1,236 m² | 1 · 209 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2010
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.