ACTIVE

G-V HEATING

Financial year 2025 · closed on 31/12/2025
Net result
2,8 k €
+205.8% YoY
Gross margin
78,6 k €
-2.4% YoY
Equity
192,1 k €
+1.0% YoY

What does G-V HEATING do?

G-V HEATING is a Private limited company incorporated in 2006. Its main activity is: Site preparation. Its registered office is in Alken.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.893.433
Incorporation
23/02/2006
Legal form
Private limited company
Registered office
Steenweg 263A
3570 Alken · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin78,6 k €80,6 k €84 k €64,7 k €95,1 k €54,6 k €57,6 k €49,2 k €62 k €49,4 k €47,5 k €26 k €35,6 k €50,7 k €39,9 k €17,4 k €55,5 k €53,8 k €96,4 k €
EBITDA72,7 k €78,3 k €82,7 k €63,2 k €93,6 k €53,7 k €56,8 k €48,8 k €61,7 k €49 k €47,2 k €25,9 k €34,8 k €50,6 k €38,8 k €12,4 k €18,7 k €11,6 k €31 k €
Operating result8,3 k €2,7 k €6,4 k €7,4 k €46,7 k €20,6 k €10 k €4,3 k €13,9 k €11,1 k €9,7 k €2 k €9,7 k €31,7 k €26,9 k €7,5 k €13 k €2,9 k €18,8 k €
Net result2,8 k €-2,6 k €1,8 k €5,2 k €39,6 k €17,5 k €6,7 k €1,3 k €12,5 k €7,9 k €7 k €804,8 €8 k €22,1 k €19,3 k €5 k €8,6 k €2,4 k €14,1 k €
Balance sheet
Equity192,1 k €190,1 k €193,6 k €192,5 k €188,2 k €149,4 k €132,7 k €126,9 k €126,2 k €113,7 k €105,8 k €98,9 k €98,1 k €90,1 k €68 k €48,6 k €43,6 k €35 k €32,7 k €
Total assets350,5 k €387,8 k €405,4 k €375,3 k €398,1 k €284,4 k €241,8 k €280 k €339,8 k €234,4 k €248,3 k €166,7 k €181,2 k €197,2 k €124,1 k €69,9 k €69,9 k €43,3 k €49,7 k €
Cash43,6 k €38,5 k €45,8 k €56 k €67,4 k €37,3 k €55,3 k €31 k €50,7 k €56,5 k €22,7 k €33,1 k €25,7 k €35,4 k €44,3 k €15,5 k €38,9 k €1,1 k €13,6 k €
Debts158,4 k €197,7 k €211,8 k €182,7 k €209,9 k €135,1 k €109,1 k €153,2 k €213,5 k €120,6 k €142,5 k €67,8 k €83,2 k €107,1 k €56,1 k €21,3 k €26,3 k €8,3 k €17 k €
Other
Workforce0,6 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

TOM GOVAERTS

Director · since 23 février 2006

Active

Ended mandates

XANDER GOVAERTS

Werkend vennoot · since 02 novembre 2022

Ended
TOM GOVAERTS

Director · since 08 mars 2006

Ended
TOM GOVAERTS

Manager · since 23 février 2006

Ended
TOM GOVAERTS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/08/202627/08/202529/08/202419/08/202314/07/202217/08/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202614/08/2026DutchPDF
Abridged model31/12/202419/06/202527/08/2025DutchPDF
Abridged model31/12/202320/06/202429/08/2024DutchPDF
Abridged model31/12/202215/06/202319/08/2023DutchPDF
Abridged model31/12/202116/06/202214/07/2022DutchPDF
Abridged model31/12/202017/06/202117/08/2021DutchPDF
Abridged model31/12/201918/06/202025/08/2020DutchPDF
Abridged model31/12/201820/06/201919/07/2019DutchPDF
Abridged model31/12/201721/06/201825/06/2018DutchPDF
Abridged model31/12/201615/06/201704/07/2017DutchPDF
Abridged model31/12/201516/06/201607/07/2016DutchPDF
Abridged model31/12/201418/06/201512/08/2015DutchPDF
Abridged model31/12/201319/06/201421/08/2014DutchPDF
Abridged model31/12/201220/06/201321/08/2013DutchPDF
Abridged model31/12/201121/06/201218/07/2012DutchPDF
Abridged model31/12/201016/06/201107/07/2011DutchPDF
Abridged model31/12/200917/06/201015/07/2010DutchPDF
Abridged model31/12/200818/06/200931/08/2009DutchPDF
Abridged model31/12/200710/07/200815/08/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 4 ended

Active mandates

TOM GOVAERTS

Director · since 23 février 2006

Active

Ended mandates

XANDER GOVAERTS

Werkend vennoot · since 02 novembre 2022

Ended
TOM GOVAERTS

Director · since 08 mars 2006

Ended
TOM GOVAERTS

Manager · since 23 février 2006

Ended
TOM GOVAERTS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/11/2024
    WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN
    PDF
  • Other12/12/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates01/08/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2006
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/03/2006
    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 20252,8 k €
  2. 2024
    Annual accounts 2024-2,6 k €
  3. 2023
    Annual accounts 20231,8 k €
  4. 2022
    Annual accounts 20225,2 k €
  5. 2021
    Annual accounts 202139,6 k €
  6. 2020
    Annual accounts 202017,5 k €
  7. 2019
    Annual accounts 20196,7 k €
  8. 2018
    Annual accounts 20181,3 k €
  9. 2017
    Annual accounts 201712,5 k €
  10. 2016
    Annual accounts 20167,9 k €
  11. 2015
    Annual accounts 20157 k €
  12. 2014
    Annual accounts 2014804,8 €
  13. 2013
    Annual accounts 20138 k €
  14. 2012
    Annual accounts 201222,1 k €
  15. 2011
    Annual accounts 201119,3 k €
  16. 2010
    Annual accounts 20105 k €
  17. 2009
    Annual accounts 20098,6 k €
  18. 2008
    Annual accounts 20082,4 k €
  19. 2007
    Annual accounts 200714,1 k €
  20. 23/02/2006
    IncorporationPrivate limited company