ACTIVE

GVI

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Financial year 2025 · closed on 30/09/2025

Net result

27,6 k €

-72.4% YoY

Gross margin

334,3 k €

-27.8% YoY

Equity

747,2 k €

+3.8% YoY

Workforce

1,1 ETP

-45.0% YoY

What does GVI do?

GVI is a Private limited company incorporated in 2007. Its main activity is: Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers. Its registered office is in Wevelgem. It employs on average 1,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.513.124

Incorporation

14/11/2007

Legal form

Private limited company

Registered office

Nijverheidslaan 41
8560 Wevelgem · FlandreSee on map

Contributed capital

1 062 000,00 €

Latest accounts

30/09/2025

Average workforce

1,1 ETP

Activities (NACE)

29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers· main 29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 34201Fabrication de carrosseries et remorques 45203Maintenance and repair of motor vehicles 68100Buying and selling of own real estate 68110Buying and selling of own real estate+5

Joint committees (1)

14902

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	334,3 k €	-27.8%	463,1 k €	+5.5%	439,1 k €	+34.0%	327,8 k €	+19.8%	273,7 k €	+7.4%	254,9 k €	-7.8%	276,3 k €	-32.2%	407,8 k €	+36.4%	299 k €	-14.1%	348,3 k €	-0.7%	350,8 k €	-2.4%	359,3 k €	+3.9%	345,7 k €	+39.3%	248,1 k €	+21.8%	203,7 k €	-4.3%	212,8 k €	+4.1%	204,4 k €
EBITDA	212,8 k €	-25.7%	286,5 k €	+4.9%	273,1 k €	+37.9%	198 k €	+50.1%	131,9 k €	+83.1%	72 k €	-41.6%	123,4 k €	-54.1%	268,7 k €	+23.1%	218,2 k €	-14.2%	254,4 k €	+42.4%	178,6 k €	+28.3%	139,2 k €	-19.9%	173,8 k €	+10.9%	156,7 k €	+56.2%	100,4 k €	-5.5%	106,2 k €	-47.7%	203,2 k €
Operating result	11,1 k €	-87.5%	88,7 k €	+83.8%	48,3 k €	+37.4%	35,1 k €	+316%	-16,3 k €	+82.0%	-90,2 k €	-21.9%	-74 k €	-213%	65,2 k €	+639%	8,8 k €	-81.1%	46,7 k €	+263%	-28,5 k €	+61.8%	-74,7 k €	-97.3%	-37,8 k €	-35.5%	-27,9 k €	+63.5%	-76,6 k €	-247%	52,2 k €	+11.3%	46,9 k €
Net result	27,6 k €	-72.4%	100 k €	+126%	44,3 k €	+55.7%	28,5 k €	+241%	-20,2 k €	+78.4%	-93,3 k €	-17.3%	-79,5 k €	-241%	56,2 k €	+1285%	4,1 k €	-89.6%	39,1 k €	+215%	-34,1 k €	+64.1%	-94,9 k €	-111%	-45 k €	+58.0%	-107,1 k €	+32.5%	-158,6 k €	-1170%	14,8 k €	+348%	3,3 k €
Balance sheet
Equity	747,2 k €	+3.8%	719,6 k €	+16.1%	619,6 k €	+7.7%	575,2 k €	+5.2%	546,8 k €	-3.6%	566,9 k €	-14.1%	660,2 k €	-10.7%	739,7 k €	+8.2%	683,5 k €	+0.6%	679,4 k €	+183%	240,3 k €	-12.4%	274,4 k €	+1318%	19,4 k €	-69.9%	64,4 k €	-62.5%	171,5 k €	-48.0%	330,1 k €	+4.7%	315,3 k €
Total assets	3,5 M €	+11.8%	3,1 M €	+2.7%	3 M €	-12.2%	3,4 M €	+3.5%	3,3 M €	+12.8%	2,9 M €	-4.9%	3,1 M €	+13.1%	2,7 M €	+3.1%	2,6 M €	+0.0%	2,6 M €	-4.2%	2,8 M €	-6.6%	3 M €	-3.3%	3,1 M €	+1.4%	3 M €	-15.7%	3,6 M €	+68.8%	2,1 M €	+121%	956,3 k €
Cash	409,9 k €	+285%	106,6 k €	-16.4%	127,5 k €	+10.1%	115,8 k €	-64.7%	327,7 k €	+18.9%	275,7 k €	-19.2%	341,3 k €	+10.8%	308,1 k €	+92.3%	160,2 k €	-43.3%	282,3 k €	+135%	120,1 k €	+29.9%	92,4 k €	-14.5%	108,1 k €	+72.8%	62,6 k €	-78.0%	284,9 k €	+173%	104,4 k €	+97.6%	52,9 k €
Debts	2,7 M €	+14.3%	2,4 M €	-0.8%	2,4 M €	-16.2%	2,9 M €	+3.2%	2,8 M €	+16.8%	2,4 M €	-2.4%	2,4 M €	+22.0%	2 M €	+1.3%	2 M €	+0.5%	2 M €	-22.5%	2,5 M €	-6.0%	2,7 M €	-11.7%	3 M €	+4.0%	2,9 M €	-13.4%	3,4 M €	+91.9%	1,8 M €	+194%	597,8 k €
Other
Workforce	1,1 ETP	-45.0%	2,0 ETP	-13.0%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	-47.4%	3,8 ETP	+26.7%	3,0 ETP	-3.2%	3,1 ETP	+182%	1,1 ETP	-15.4%	1,3 ETP	-60.6%	3,3 ETP	-31.3%	4,8 ETP	+20.0%	4,0 ETP	+90.5%	2,1 ETP	-25.0%	2,8 ETP	-15.2%	3,3 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 30/09/2025 · 2 active · 2 ended

Active mandates

GEERT VANSTEENKISTE

Director

Active

PETRA SPILLEBEEN

Director

Active

Ended mandates

GEERT VANSTEENKISTE

Manager

Ended

PETRA SPILLEBEEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/04/2026	17/12/2024	16/04/2024	13/04/2023	12/04/2022	29/04/2021
General meeting	21/03/2026	10/12/2024	16/03/2024	31/03/2023	19/03/2022	30/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	21/03/2026	01/04/2026	Dutch	PDF
Abridged model	30/09/2024	10/12/2024	17/12/2024	Dutch	PDF
Abridged model	30/09/2023	16/03/2024	16/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	13/04/2023	Dutch	PDF
Abridged model	30/09/2021	19/03/2022	12/04/2022	Dutch	PDF
Abridged model	30/09/2020	30/03/2021	29/04/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	17/04/2020	Dutch	PDF
Abridged model	30/09/2018	16/03/2019	18/03/2019	Dutch	PDF
Abridged model	30/09/2017	17/03/2018	20/03/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	23/03/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	21/03/2015	23/03/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	13/04/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	23/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/03/2010	29/03/2010	Dutch	PDF

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 30/09/2025 · 2 active · 2 ended

Active mandates

GEERT VANSTEENKISTE

Director

Active

PETRA SPILLEBEEN

Director

Active

Ended mandates

GEERT VANSTEENKISTE

Manager

Ended

PETRA SPILLEBEEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares18/10/2016
KAPITAAL - AANDELEN
PDF
Capital / shares12/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office21/04/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other28/11/2007
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

2025
Annual accounts 202527,6 k €↓
2024
Annual accounts 2024100 k €↑
2023
Annual accounts 202344,3 k €↑
2022
Annual accounts 202228,5 k €↑
2021
Annual accounts 2021-20,2 k €↑
2020
Annual accounts 2020-93,3 k €↓
2019
Annual accounts 2019-79,5 k €↓
2018
Annual accounts 201856,2 k €↑
2017
Annual accounts 20174,1 k €↓
2016
Annual accounts 201639,1 k €↑
2015
Annual accounts 2015-34,1 k €↑
2014
Annual accounts 2014-94,9 k €↓
2013
Annual accounts 2013-45 k €↑
2012
Annual accounts 2012-107,1 k €↑
2011
Annual accounts 2011-158,6 k €↓
2010
Annual accounts 201014,8 k €↑
2009
Annual accounts 20093,3 k €
14/11/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GVI

Overview

What does GVI do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline