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G-CONSTRUCT

Active
Private limited companyfounded 201213 yrs activeKrekelendries 5G, 1700 Dilbeek, BelgiumKBO/BCE: BE 0500.487.336
Summary

The computed 12-month bankruptcy probability of G-CONSTRUCT is 1.8% (moderate). For G-CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2,357 and a net result of €3,525. Equity is growing by ~38.8% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency48▲+38
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
22.6%
Return on assets
33.8%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
47 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 33 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 October 2012, G-CONSTRUCT was incorporated.1 Total assets went from EUR 5,219 in 2018 to EUR 10,419 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€2,357
2022 · -€1,167
Total assets
€10,419▲ 34.4%
2022 · €7,750
Net result
€3,525
2022 · -€12,843
Working capital
€2,357
2022 · -€1,167
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€4,195€4,547▲ 8.4%€6,529▲ 43.6%-€11,635€3,596
Net result€4,125€11,602▲ 181%€4,833▼ 58.3%-€12,843€3,525
Equity-€4,759▲ 46.4%€6,842€11,676▲ 70.7%-€1,167€2,357
Total assets€6,564▲ 25.8%€21,204▲ 223%€42,463▲ 100%€7,750▼ 81.7%€10,419▲ 34.4%
Debt€11,323▼ 19.7%€14,362▲ 26.8%€30,787▲ 114%€8,917▼ 71.0%€8,062▼ 9.6%
Working capital-€4,759▲ 46.4%€6,842-€2,461-€1,167▲ 52.6%€2,357
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2019: €4,195€4,195Net result 2019: €4,125€4,125Operating result 2020: €4,547€4,547Net result 2020: €11,602€11,602Operating result 2021: €6,529€6,529Net result 2021: €4,833€4,833Operating result 2022: -€11,635-€11,635Net result 2022: -€12,843-€12,843Operating result 2023: €3,596€3,596Net result 2023: €3,525€3,52520192020202120222023-€15,000-€10,000-€5,000€0€5,000Operating result 2021: €6,529€6,530Net result 2021: €4,833€4,830Operating result 2022: -€11,635-€11,600Net result 2022: -€12,843-€12,800Operating result 2023: €3,596€3,600Net result 2023: €3,525€3,520202120222023
The operating result returns to profit in 2023: €3,596 after a loss of €11,635 in 2022.
Balance-sheet composition
Equity and liabilities €10,419
Equity €2,357
Debt €8,062
Debt finances 77.4% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2022
Current ratio
1.29▲
2022 · 0.87
Debt to equity
3.42▲
2022 · -7.64
ROE
149.5%
ROA
33.8%▲
2022 · -165.7%
Debt ≤ 1 year
€8,062▼
2022 · €8,917
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 31 lines
Balance sheet Code20222023
Assets
Total assets20/58€7,750€10,419▲
Current assets29/58€7,750€10,419▲
Amounts receivable within one year40/41€1,048€10,230▲
Trade receivables40€663€9,113▲
Other amounts receivable41€385€1,117▲
Cash at bank and in hand54/58€6,702€189▼
Equity and liabilities
Total equity and liabilities10/49€7,750€10,419▲
Equity10/15-€1,167€2,357▲
Contributions10/11€6,208€6,208=
Profit (loss) carried forward14-€7,375-€3,851▲
Amounts payable17/49€8,917€8,062▼
Amounts payable within one year42/48€8,917€8,062▼
Trade debts44€477€4,022▲
Suppliers440/4€477€4,022▲
Taxes, remuneration and social security45€5,338€325▼
Taxes450/3€5,338€325▼
Other amounts payable47/48€3,102€3,715▲
Income statement Code20222023
Goods, raw materials, services and sundry goods60/61€17,085-
Other operating charges640/8€5,606€261▼
Gross operating margin9900-€6,029€3,857▲
Operating profit (loss)9901-€11,635€3,596▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€885€71▼
Recurring financial charges65€885€71▼
Profit (loss) for the period before taxes9903-€12,518€3,525▲
Income taxes67/77€325-
Profit (loss) for the period9904-€12,843€3,525▲
Profit (loss) for the period to be appropriated9905-€12,843€3,525▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,375-€3,851▲
Profit (loss) brought forward from the previous period14P€5,468-€7,375▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Goods, raw materials, services and sundry goods60/61--€10,608€17,085--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€896---
Other operating charges640/8--€381€5,606€261▼ 95.4%
Gross operating margin9900€4,608€4,655€7,806-€6,029€3,857▲ 164%
Operating profit (loss)9901€4,195€4,547€6,529-€11,635€3,596▲ 131%
Financial income75/76B---€2--
Recurring financial income75---€2--
Financial charges65/66B--€337€885€71▼ 91.9%
Recurring financial charges65€70€60€337€885€71▼ 91.9%
Profit (loss) for the period before taxes9903€4,125€11,737€6,192-€12,518€3,525▲ 128%
Income taxes67/77-€135€1,359€325--
Profit (loss) for the period9904€4,125€11,602€4,833-€12,843€3,525▲ 127%
Profit (loss) for the period to be appropriated9905€4,125€11,602€4,833-€12,843€3,525▲ 127%
Line20192020202120222023Change
Assets
Total assets20/58€6,564€21,204€42,463€7,750€10,419▲ 34.4%
Fixed assets21/28--€33,904---
Tangible fixed assets22/27--€33,904---
Furniture and vehicles24--€33,904---
Current assets29/58€6,564€21,204€8,559€7,750€10,419▲ 34.4%
Amounts receivable within one year40/41€1,548€2,273€829€1,048€10,230▲ 876%
Trade receivables40--€663€663€9,113▲ 1,275%
Other amounts receivable41--€166€385€1,117▲ 190%
Cash at bank and in hand54/58€5,016€18,931€7,730€6,702€189▼ 97.2%
Equity and liabilities
Total equity and liabilities10/49€6,564€21,204€42,463€7,750€10,419▲ 34.4%
Equity10/15-€4,759€6,842€11,676-€1,167€2,357▲ 302%
Contributions10/11€6,208-€6,208€6,208€6,208=
Profit (loss) carried forward14-€10,967€634€5,468-€7,375-€3,851▲ 47.8%
Amounts payable17/49€11,323€14,362€30,787€8,917€8,062▼ 9.6%
Amounts payable after more than one year17--€19,767---
Financial debts170/4--€19,767---
Amounts payable within one year42/48€11,323€14,362€11,020€8,917€8,062▼ 9.6%
Current portion of amounts payable after more than one year42--€4,833---
Trade debts44€277€1,232€827€477€4,022▲ 743%
Suppliers440/4--€827€477€4,022▲ 743%
Taxes, remuneration and social security45--€1,738€5,338€325▼ 93.9%
Taxes450/3--€1,738€5,338€325▼ 93.9%
Other amounts payable47/48--€3,622€3,102€3,715▲ 19.8%
Line20192020202120222023Change
Profit (loss) for the period9904€4,125€11,602€4,833-€12,843€3,525▲ 127%
+ Depreciation and write-downs630--€896---
Operating cash flow (approximation)€4,125€11,602€5,729-€12,843€3,525▲ 127%
Change in cash-€13,915-€11,201-€1,028-€6,513▼ 534%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Back to profitnet €3,525
Net result €3,525 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€12,843
Net result drops to -€12,843, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Highest result since 2018net €11,602 ▲181%
Net result €11,602, the highest in the series.
31-12
Financial Liquidity triplescurrent ratio 1.48
Current ratio from 0.58 to 1.48.
16-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial Back to profitnet €4,125
Net result €4,125 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
2,742 m²
Building footprint
126 m²
Volume, LiDAR
353 m³
Parcel 23079B0084/00W000, Flanders · tallest building 3.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
G-CONSTRUCT
Krekelendries 5G, 1700 DilbeekManufacture of rubber and plastic products
since 20122.214.541.771
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23079B0084/00W000 Flanders 2,742 m² 1 · 125 m² 3.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded31-10-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.