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G.C.L. Elek

Active
Private limited companyfounded 2021active for 5 yearsBosstraat(HA) 119, 9450 Haaltert, BelgiumKBO/BCE: BE 0769.896.225
Summary

G.C.L. Elek has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213,651 and a net result of €97,858. Equity has been growing by about 28% per year since 2022. Its solvency ranks better than 66% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-06-2021 Normal situation
Activity
Other specialised construction activities NACE 43990
Establishment unit
2.318.568.729 9450 Haaltert, since 21-06-2021
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
  • Ciucasel GeorgeDirector · since 17-06-2021

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€137,046
▲ 234%
Turnover
≈ €570,000
estimated
Profit
€97,858
▲ 340%
Equity
€213,651
▲ 84.5%
Total assets
€347,916
▲ 107%
Score breakdownraises risk1 of the last 3 accounts lateFounded in 2021lowers riskLiquidity: current ratio 2.70, cash €135,948Equity €213,651 (61.4% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 86-8
equity 61.4% of total assets
Liquidity 83-11
short-term debt 34.7% · cash 39.1%
Profitability 100+15
return on assets 28.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 0.6%▼ -0.6 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.7 (4.22 in 2024), above the usual 1.5. Short-term debt is 34.7% and cash 39.1% of total assets. 38.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 67% of them on solvency, 81% on liquidity, 92% on profitability and 90% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.70, cash €135,948
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €213,651 (61.4% of total assets)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 days early
2024
62 days late
2023
on the day
2022
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 32 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (3 of the last 4 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €22,228 to €97,858 ▲ 340% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,221 · 34,933 companies €97,858 View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as G.C.L. Elek: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €318,000 and €396,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
G.C.L. Elek Haaltert€347,916€137,046
JORJ C.F.B. Erpe-Mere€351,800€138,748
QUALITY RENOVATIE Zulte€396,134€111,332
MISTER PISCINE Mouscron€352,164€140,751
MR GRAMMERS Ganshoren€318,034€136,897
ANDREW FANNI Thimister-Clermont€388,367€119,463
Klinker- en grondwerken Debruyn Kortenaken€342,207€151,241
Full comparison

Key facts about G.C.L. Elek

What is the company number of G.C.L. Elek?
The company number of G.C.L. Elek is 0769.896.225. The VAT number is the same number with BE in front: BE 0769.896.225.
Where is G.C.L. Elek based?
The registered office is at Bosstraat(HA) 119, 9450 Haaltert.Company details
What does G.C.L. Elek do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of G.C.L. Elek?
The legal form of G.C.L. Elek is Private limited company (BV).
When was G.C.L. Elek founded?
G.C.L. Elek was founded on 21-06-2021.
Is G.C.L. Elek still active?
Yes, G.C.L. Elek is an active enterprise in the KBO register.
What is the turnover of G.C.L. Elek?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €137,046 and 47 comparable companies (NACE 43990). It probably lies between €380,000 and €1.0m.Financials
Is G.C.L. Elek profitable?
In financial year 2025, G.C.L. Elek made a profit of €97,858.
Where can I find the annual accounts of G.C.L. Elek?
G.C.L. Elek filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G.C.L. Elek due?
G.C.L. Elek must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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