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GVR Solutions

Active
Weggevoerdenstraat (STG) 56 ·9200 Dendermonde, Belgium
KBO/BCE: BE 0762.638.645
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GVR Solutions is 0.9% (low). The 2024 annual accounts show equity of €73k and a net result of €17k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 230 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.9% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€17k-12.7%
Working capital€67k-38.9%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60k€80kOperating result 2021: €77k€77kNet result 2021: €61k€61kOperating result 2022: €45k€45kNet result 2022: €33k€33kOperating result 2023: €24k€24kNet result 2023: €19k€19kOperating result 2024: €22k€22kNet result 2024: €17k€17k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~12.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€50k€100k€150k€200k2025: €120k (€93k - €147k)2026: €131k (€87k - €175k)2027: €142k (€82k - €202k)2021: €66k2022: €98k2023: €118k2024: €73k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 58 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 48.7% 47.1%
better than 52% of 230 sector peers
Net result €17k €5k
better than 65% of 229 sector peers
Equity €73k €26k
better than 67% of 230 sector peers
Gross operating margin €27k €17k
better than 56% of 226 sector peers
Total assets €151k €87k
better than 70% of 230 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P52
2021: P68 · n=842022: P70 · n=1732023: P55 · n=2052024: P52 · n=2302021 2024
Weakening position over 2021-2024 · n=84-230
Net result P65
2021: P90 · n=842022: P77 · n=1732023: P67 · n=2052024: P65 · n=2292021 2024
Weakening position over 2021-2024 · n=84-229
Equity P67
2021: P68 · n=842022: P81 · n=1732023: P77 · n=2052024: P67 · n=2302021 2024
Stable position over 2021-2024 · n=84-230
Gross operating margin P56
2021: P84 · n=842022: P71 · n=1732023: P58 · n=2042024: P56 · n=2262021 2024
Weakening position over 2021-2024 · n=84-226
Describes the position versus peers, not a forecast.
EBITDA
€26k
-7.2% far above sector median
Net profit
€17k
-12.7% -74% vs sector
Cash flow
€21k
-9.4% -65% vs sector
Total assets
€151k
-24.2% -78% vs sector
Equity
€73k
-37.7% -87% vs sector
Working capital
€67k
-38.9% -69% vs sector
Income taxes
€5k
+0.5% far above sector median
Dividends
€61k
- 21-24
Debt
€77k
-4.8% -51% vs sector
Debt ≤ 1y
€77k
-4.8% -44% vs sector
Current ratio
1.86
-20.5% -22% vs sector
Quick ratio
1.86
-20.5% -22% vs sector
Solvency
48.7%
-17.7% -38% vs sector
Debt / equity
1.06
+52.7% +277% vs sector
ROE
22.8%
+40.1% +78% vs sector
ROA
11.1%
+15.3% +13% vs sector
Interest coverage
254.58
-100.0% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€26k
Net profit€17k
Cash flow€21k
Staff costs-
Income taxes€5k
Dividends€61k
Total assets€151k
Equity€73k
Debt€77k
of which ≤ 1y€77k
of which > 1y-
Working capital€67k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.86
Quick ratio1.86
Working capital ratio44.2%
Solvency48.7%
Debt / equity1.06
Long-term debt ratio-
Interest coverage254.58
Gross margin-
Net margin-
ROA11.1%
ROE22.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€151k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€7k
Current assets 29/58€144k
Amounts receivable within one year 40/41€59k
Cash & bank 54/58€83k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€151k
Equity 10/15€73k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€68k
Amounts payable 17/49€77k
Amounts payable within one year 42/48€77k
Trade debts payable within one year 44€21k
Income statement
Gross operating margin 9900€27k
Operating result 9901€22k
Financial charges 65€103
Result before taxes 9903€22k
Income taxes 67/77€5k
Net result for the period 9904€17k
Result to be appropriated 9905€17k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
83 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Locations & real estate

Parcels1
Ground area488 m²
Buildings1
Building footprint145 m²
Volume (LiDAR)1,022 m³
Tallest building10.7 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42021C0104/00F002 Flanders 488 m² 1 · 145 m² 10.7 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health83Profitability100Solvency91Growth52Stability94
84 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 83
Profitability 100
Solvency 91
Growth 52
Stability 94

Ask AI about this company

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige uitgeverijen58190Overige activiteiten van uitgeverijen, met uitzondering van het uitgeven van software58190
Primary activity highlighted.
Names & trade names
Legal nameNL GVR Solutions
Registered office
Weggevoerdenstraat (STG) 56
9200 Dendermonde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.