ACTIVE

GNVH

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Financial year 2025 · closed on 31/12/2025
Net result
-233,7 k €
+46.5% YoY
Gross margin
-272,1 k €
+23.4% YoY
Equity
1 M €
-18.4% YoY

What does GNVH do?

GNVH is a Public limited company incorporated in 2023. Its registered office is in Wevelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0800.332.548
Incorporation
03/04/2023
Legal form
Public limited company
Registered office
Ballingstraat 116
8560 Wevelgem · FlandreSee on map
Contributed capital
1 200 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin-272,1 k €-355,1 k €-303,3 k €
EBITDA-272,4 k €-416,5 k €-353,9 k €
Operating result-272,4 k €-416,5 k €-353,9 k €
Net result-233,7 k €-436,8 k €-300,8 k €
Balance sheet
Equity1 M €1,3 M €1,7 M €
Total assets2,6 M €2,8 M €3,2 M €
Cash113,8 k €25,5 k €2,8 M €
Debts1 M €1 M €1 M €
Other
Workforce–0,3 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Geert Vanhalst

Director · since 03 avril 2023

Active
Nadine Vanhalst

Managing director · since 03 avril 2023

Active
At this address

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Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months9 months
Filing date12/06/202608/07/202530/07/2024
General meeting09/06/202610/06/202530/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202612/06/2026DutchPDF
Abridged model31/12/202410/06/202508/07/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Geert Vanhalst

Director · since 03 avril 2023

Active
Nadine Vanhalst

Managing director · since 03 avril 2023

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/04/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-233,7 k €↑
  2. 2024
    Annual accounts 2024-436,8 k €↓
  3. 2023
    Annual accounts 2023-300,8 k €
  4. 03/04/2023
    IncorporationPublic limited company