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G&D CONSTRUCT

Active
Private limited companyfounded 1999active for 27 yearsDreefvelden 44, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0465.565.455
Summary

G&D CONSTRUCT has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €705,760 and a net result of €23,508. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 18% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Machining of metals NACE 25530
6th largest employer in Sint-Katelijne-Waver, Manufacturing sector1 site
Size
€3.9mtotal assets 2025
Staff
21.1 FTE
Equity
€705,760
Profit
€23,508
Turnover not published (abbreviated format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts 1 day early1 of 4 deeds summarised
Why 64raises riskLiquidity: current ratio 1.20, cash €89,155, halvedEquity €705,760 (18.2% of total assets)Size: 21.1 FTE, total assets €3.9mSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Average
Solvency 43-10
equity 18.2% of total assets
Liquidity 37-16
short-term debt 34.7% · cash 2.3%
Profitability 55-13
return on assets 0.6%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points 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 03-2025 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: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%▲ +0.5 percentage points vs 01-2026 03-2026: 0.9%▼ -0.1 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.2, compared with 1.49 in 2024, below the usual 1.5; short-term debt: 34.7% and cash: 2.3% of total assets), and 81.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 16% on solvency, 36% on liquidity, 27% on profitability and 46% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.20, cash €89,155, halved
NBB · annual accounts
raises risk · Equity €705,760 (18.2% of total assets)
NBB · annual accounts
raises risk · Size: 21.1 FTE, total assets €3.9m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1238 sector peers (2025).
NBB · sector comparison
Position among 1238 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
21 days early
2023
63 days early
2022
56 days early
2021
6 days early
2020
5 days early
2019
99 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 10 January (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end28-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignations: WOUTERS Geert Francis Annie (manager)…Reappointments: WOUTERS Geert Francis Annie…

Financials · financial year 2025, abbreviated format

Turnover
€4.2m
EBIT margin
3.7%
Net result
€23,508▼ 62.1%
2024 · €62,070
Working capital
€265,395▼ 37.4%
2024 · €424,063
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen two years in a row; 2025 is 30% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€4.2m
Operating result€0.07m-€0.08m▲ 18.5%-€0.02m€0.1m€0.3m▲ 200%€0.2m▼ 49.7%€0.1m▼ 29.9%
Net result€0.03m-€0.04mwithin the sector's middle half▲ 59.4%-€0.04mbelow the sector's middle half€0.08mwithin the sector's middle half€0.2mabove the sector's middle half▲ 199%€0.06mwithin the sector's middle half▼ 75.1%€0.02mwithin the sector's middle half▼ 62.1%
EBIT margin3.7%
Equity€0.3m-€0.3mwithin the sector's middle half▲ 15.6%€0.3mwithin the sector's middle half▼ 11.9%€0.4mwithin the sector's middle half▲ 28.9%€0.6mwithin the sector's middle half▲ 67.0%€0.7mwithin the sector's middle half▲ 10.0%€0.7mwithin the sector's middle half▲ 3.4%
Total assets€1.6m-€1.7mwithin the sector's middle half▲ 11.1%€1.8mwithin the sector's middle half▲ 2.2%€1.6mwithin the sector's middle half▼ 11.0%€2.5mwithin the sector's middle half▲ 61.4%€2.5mwithin the sector's middle half▼ 2.7%€3.9mabove the sector's middle half▲ 57.2%
Debt€1.3m-€1.4m▲ 10.0%€1.5m▲ 5.5%€1.2m▼ 18.8%€1.9m▲ 59.6%€1.8m▼ 6.8%€3.2m▲ 77.8%
Working capital€0.2m-€0.2mwithin the sector's middle half▼ 13.1%€0.08mwithin the sector's middle half▼ 57.9%€0.2mwithin the sector's middle half▲ 186%€0.4mwithin the sector's middle half▲ 52.5%€0.4mwithin the sector's middle half▲ 20.7%€0.3mwithin the sector's middle half▼ 37.4%
Solvency18.2%-19.0%below the sector's middle half▲ 0.7pp16.4%below the sector's middle half▼ 2.6pp23.7%below the sector's middle half▲ 7.3pp24.5%below the sector's middle half▲ 0.8pp27.7%within the sector's middle half▲ 3.2pp18.2%below the sector's middle half▼ 9.5pp
Current ratio1.23-1.20within the sector's middle half▼ 0.021.07below the sector's middle half▼ 0.131.27within the sector's middle half▲ 0.201.39within the sector's middle half▲ 0.121.49within the sector's middle half▲ 0.101.20within the sector's middle half▼ 0.29
Return on assets (ROA)1.8%-2.6%within the sector's middle half▲ 0.8pp-2.2%below the sector's middle half▼ 4.8pp5.3%within the sector's middle half▲ 7.5pp9.8%within the sector's middle half▲ 4.5pp2.5%within the sector's middle half▼ 7.3pp0.6%within the sector's middle half▼ 1.9pp
Staff (FTE)24.7-20.1above the sector's middle half▼ 18.6%18.8above the sector's middle half▼ 6.5%18.3above the sector's middle half▼ 2.7%19.9above the sector's middle half▲ 8.7%21above the sector's middle half▲ 5.5%21.1above the sector's middle half▲ 0.5%
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.9m
Fixed assets €2.3m ▲ 92.9%
Current assets €1.6m ▲ 24.7%
Equity and liabilities €3.9m
Equity €705,760 ▲ 3.4%
Debt €3.2m ▲ 77.8%
Debt's share of the balance-sheet total rises from 72.3% to 81.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€433,964▼
2024 · €467,405
Cash flow
€347,452▼
2024 · €372,486
Quick ratio
1.05▼
2024 · 1.27
Debt to equity
4.48▲
2024 · 2.61
ROE
3.3%▼
2024 · 9.1%
Interest coverage
4.27▼
2024 · 5.78
Debt ≤ 1 year
€1.3m▲
2024 · €865,678
Debt > 1 year
€1.8m▲
2024 · €911,492
Income taxes
€3,712▼
2024 · €28,138
Staff costs
€1.3m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.5m€3.9m▲
Fixed assets21/28€1.2m€2.3m▲
Intangible fixed assets21€0.04m€0.04m▼
Tangible fixed assets22/27€1.1m€2.2m▲
Land and buildings22€0.02m€0.02m▲
Plant, machinery and equipment23€0.1m€0.1m▼
Furniture and vehicles24€0.09m€0.1m▲
Leasing and similar rights25€0.9m€1.9m▲
Other tangible fixed assets26€0.01m€0.01m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€1.3m€1.6m▲
Stocks and contracts in progress3€0.2m€0.2m▲
Stocks30/36€0.2m€0.2m▲
Amounts receivable within one year40/41€0.7m€1.3m▲
Trade receivables40€0.7m€1.3m▲
Other amounts receivable41€0.02m€0.02m▼
Cash at bank and in hand54/58€0.4m€0.09m▼
Deferred charges and accrued income490/1€0.01m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€2.5m€3.9m▲
Equity10/15€0.7m€0.7m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.7m€0.7m▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€190€190=
Distributable reserves133€0.7m€0.7m▲
Amounts payable17/49€1.8m€3.2m▲
Amounts payable after more than one year17€0.9m€1.8m▲
Financial debts170/4€0.9m€1.8m▲
Amounts payable within one year42/48€0.9m€1.3m▲
Current portion of amounts payable after more than one year42€0.2m€0.3m▲
Financial debts43€0.2m€0.4m▲
Credit institutions430/8€0.2m€0.4m▲
Trade debts44€0.4m€0.5m▲
Suppliers440/4€0.4m€0.5m▲
Taxes, remuneration and social security45€0.1m€0.1m▲
Taxes450/3€0.02m€0.05m▲
Remuneration and social security454/9€0.1m€0.09m▼
Other amounts payable47/48€0.01m€0.02m▲
Accrued charges and deferred income492/3€0.002m€0.006m▲
Income statement Code20242025
Turnover70€4.2m-
Non-recurring operating income76A€0.001m€0.004m▲
Goods, raw materials, services and sundry goods60/61€2.6m-
Remuneration, social security and pensions62€1.2m€1.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.008m€0▲
Other operating charges640/8€0.03m€0.01m▼
Non-recurring operating charges66A€0.001m€0.03m▲
Gross operating margin9900€1.7m€1.7m▲
Operating profit (loss)9901€0.2m€0.1m▼
Financial income75/76B€0.01m€0.02m▲
Recurring financial income75€0.01m€0.02m▲
Non-recurring financial income76B€104€0▼
Financial charges65/66B€0.08m€0.1m▲
Recurring financial charges65€0.08m€0.1m▲
Profit (loss) for the period before taxes9903€0.09m€0.03m▼
Income taxes67/77€0.03m€0.004m▼
Profit (loss) for the period9904€0.06m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.06m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.06m€0.02m▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€0.06m€0.02m▼
To other reserves6921€0.06m€0.02m▼
Social balance sheet
Average headcount (FTE)908721.021.1▲

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70-----€4.2m--
Non-recurring operating income76A---€0.08m€0.01m€0.001m€0.004m▲ 186%
Goods, raw materials, services and sundry goods60/61-----€2.6m--
Remuneration, social security and pensions62---€0.9m€1.0m€1.2m€1.3m▲ 7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m€0.2m€0.3m€0.2m€0.3m€0.3m▲ 4.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.003m--€0.008m€0-
Other operating charges640/8---€0.01m€0.01m€0.03m€0.01m▼ 54.1%
Non-recurring operating charges66A---€0.008m€0.03m€0.001m€0.03m▲ 36×
Gross operating margin9900€1.2m€1.2m€1.0m€1.3m€1.6m€1.7m€1.7m▲ 4.2%
Operating profit (loss)9901€0.07m€0.08m-€0.02m€0.1m€0.3m€0.2m€0.1m▼ 29.9%
Financial income75/76B---€0.02m€0.02m€0.01m€0.02m▲ 33.3%
Recurring financial income75€0.001m€152-€0.02m€0€0.01m€0.02m▲ 34.3%
Non-recurring financial income76B---€0.02m€0.02m€104€0▼ 100%
Financial charges65/66B---€0.03m€0.04m€0.08m€0.1m▲ 25.6%
Recurring financial charges65€0.04m€0.03m€0.02m€0.02m€0.04m€0.08m€0.1m▲ 25.6%
Non-recurring financial charges66B---€0.006m€0.005m---
Profit (loss) for the period before taxes9903€0.04m€0.05m-€0.04m€0.09m€0.3m€0.09m€0.03m▼ 69.8%
Income taxes67/77€0.01m€0.006m€0.001m€0.01m€0.04m€0.03m€0.004m▼ 86.8%
Profit (loss) for the period9904€0.03m€0.04m-€0.04m€0.08m€0.2m€0.06m€0.02m▼ 62.1%
Transfer from tax-exempt reserves789---€0.01m----
Profit (loss) for the period to be appropriated9905€0.03m€0.04m-€0.04m€0.09m€0.2m€0.06m€0.02m▼ 62.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.6m€1.7m€1.8m€1.6m€2.5m€2.5m€3.9m▲ 57.2%
Fixed assets21/28€0.4m€0.6m€0.5m€0.5m€1.3m€1.2m€2.3m▲ 92.9%
Intangible fixed assets21-€0.005m€0.02m€0.01m€0.006m€0.04m€0.04m▼ 9.6%
Tangible fixed assets22/27€0.4m€0.6m€0.5m€0.5m€1.3m€1.1m€2.2m▲ 97.1%
Land and buildings22---€0.03m€0.02m€0.02m€0.02m▲ 8.8%
Plant, machinery and equipment23---€0.1m€0.2m€0.1m€0.1m▼ 11.9%
Furniture and vehicles24---€0.05m€0.06m€0.09m€0.1m▲ 34.3%
Leasing and similar rights25---€0.3m€1.0m€0.9m€1.9m▲ 125%
Other tangible fixed assets26----€0.02m€0.01m€0.01m▼ 11.3%
Financial fixed assets28€0.005m€0.005m€0.005m€0.005m€0.005m€0.001m€0.001m=
Current assets29/58€1.2m€1.1m€1.2m€1.1m€1.3m€1.3m€1.6m▲ 24.7%
Stocks and contracts in progress3€0.3m€0.3m€0.2m€0.4m€0.2m€0.2m€0.2m▲ 9.5%
Stocks30/36---€0.3m€0.2m€0.2m€0.2m▲ 9.5%
Contracts in progress37---€0.07m----
Amounts receivable within one year40/41€0.7m€0.6m€0.7m€0.5m€0.5m€0.7m€1.3m▲ 76.8%
Trade receivables40---€0.5m€0.5m€0.7m€1.3m▲ 79.4%
Other amounts receivable41---€0.002m€0.008m€0.02m€0.02m▼ 13.3%
Current investments50/53€0.006m-------
Cash at bank and in hand54/58€0.08m€0.2m€0.04m€0.2m€0.5m€0.4m€0.09m▼ 75.8%
Deferred charges and accrued income490/1---€0.001m€0.004m€0.01m€0.04m▲ 185%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.7m€1.8m€1.6m€2.5m€2.5m€3.9m▲ 57.2%
Equity10/15€0.3m€0.3m€0.3m€0.4m€0.6m€0.7m€0.7m▲ 3.4%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.3m€0.3m€0.3m€0.4m€0.6m€0.7m€0.7m▲ 3.5%
Non-distributable reserves130/1---€0.002m€0.002m€0--
Reserves not available under the articles1311---€0.002m€0.002m€0--
Tax-exempt reserves132---€190€190€190€190=
Distributable reserves133---€0.3m€0.6m€0.7m€0.7m▲ 3.5%
Profit (loss) carried forward14---€0.04m€0.002m----
Amounts payable17/49€1.3m€1.4m€1.5m€1.2m€1.9m€1.8m€3.2m▲ 77.8%
Amounts payable after more than one year17€0.3m€0.5m€0.3m€0.4m€1.0m€0.9m€1.8m▲ 99.0%
Financial debts170/4---€0.4m€1.0m€0.9m€1.8m▲ 99.0%
Amounts payable within one year42/48€1.0m€0.9m€1.1m€0.8m€0.9m€0.9m€1.3m▲ 55.1%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.2m€0.3m▲ 57.9%
Financial debts43---€0.3m€0.4m€0.2m€0.4m▲ 113%
Credit institutions430/8---€0.3m€0.4m€0.2m€0.4m▲ 113%
Trade debts44€0.4m€0.3m€0.5m€0.2m€0.3m€0.4m€0.5m▲ 44.1%
Suppliers440/4---€0.2m€0.3m€0.4m€0.5m▲ 44.1%
Taxes, remuneration and social security45---€0.1m€0.09m€0.1m€0.1m▲ 11.1%
Taxes450/3---€0.04m€0.009m€0.02m€0.05m▲ 159%
Remuneration and social security454/9---€0.07m€0.08m€0.1m€0.09m▼ 15.7%
Other amounts payable47/48---€0.01m€0.02m€0.01m€0.02m▲ 15.0%
Accrued charges and deferred income492/3-----€0.002m€0.006m▲ 242%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.03m€0.04m-€0.04m€0.08m€0.2m€0.06m€0.02m▼ 62.1%
+ Depreciation and write-downs630€0.2m€0.2m€0.2m€0.3m€0.2m€0.3m€0.3m▲ 4.4%
Operating cash flow (approximation)€0.2m€0.3m€0.2m€0.3m€0.5m€0.4m€0.3m▼ 6.7%
Investment in fixed assets (approximation)--€0.4m-€0.2m-€0.2m-€1.0m-€0.2m-€1.4m▼ 590%
Change in cash-€0.1m-€0.1m€0.2m€0.3m-€0.1m-€0.3m▼ 112%

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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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 abbreviated format 30-01-2026 2026-00031494
30-06-2024 abbreviated format 10-01-2025 2025-00004788
30-06-2023 abbreviated format 29-11-2023 2023-00520430
30-06-2022 abbreviated format 06-12-2022 2022-20534223
30-06-2021 abbreviated format 25-01-2022 2022-01700347
30-06-2020 abbreviated format 26-01-2021 2021-01800007
30-06-2019 abbreviated format 24-10-2019 2019-71200297
30-06-2018 abbreviated format 19-10-2018 2018-69700518
30-06-2017 abbreviated format 06-10-2017 2017-66500383
30-06-2016 abbreviated format 23-11-2016 2016-68300157

Show all 26 filings

Similar companies · same sector, comparable size

Of the 3,946 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,170. 1,458 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €2,546 awarded · €2,112 paid
Year Entries AwardedPaid
2025 1 €1,165€1,165
2024 1 €1,306€872
2023 1 €75€75
Schemes
3 entries · €2,546 · €2,112 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2024
VANDERMEERSCHEN Dirk Jozef Monique
Director (not named in the articles)
Current
WOUTERS Geert Francis Annie
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VANDERMEERSCHEN Dirk Jozef Monique
  • Manager (not named in the articles), until 25-01-2024
  • Director (not named in the articles), since before 25-01-2024
WOUTERS Geert Francis Annie
  • Manager (not named in the articles), until 25-01-2024
  • Director (not named in the articles), since before 25-01-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 25-01-2024 Converted to unavailable equity · €18,592.01
  2. 25-01-2024 Converted to unavailable equity · €1,859.20

Group and network

Connections & network

3 connected companies

History

G&D CONSTRUCT was incorporated on 1 April 1999.1 Total assets rose from €1.6m in 2019 to €3.9m in 2025 and headcount from 24.7 to 21.1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
10-01
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
25-01
Gazette deed Resignations: WOUTERS Geert Francis Annie (manager) and VANDERMEERSCHEN Dirk Jozef Monique (manager)
Reappointments: WOUTERS Geert Francis Annie (director) and VANDERMEERSCHEN Dirk Jozef Monique (director) · Capital conversion · Reserve release20 facts ▸
  • General meeting, “2860 Sint-Katelijne-Waver,Dreefvelden 44”, 20-11-2023 (deed in Dutch)
  • Other provision, “Besloten Vennootschap” (deed in Dutch)
  • Other provision, “behoud rechtsvorm, behouden” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare inbreng” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare reserves” (deed in Dutch)
  • Other provision, “totaal statutair onbeschikbare eigen vermogensrekeningen”, 20451.21 (deed in Dutch)
  • Reserve release, “beperken statutair onbeschikbare eigen vermogensrekening”, EUR (deed in Dutch)
  • Amendment of the articles, 8
  • Other provision, “aandeelhouders, kennisname verslag wijziging voorwerp” (deed in Dutch)
  • Amendment of the articles
  • Other provision, “G & D CONSTRUCT” (deed in Dutch)
  • Registered office clause, “huidige adres zoals hierna verder vermeld” (deed in Dutch)
  • +8 further facts in this act
2023
29-11
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
30-06
Financial Highest result from 2019 to 2025net €248,871 ▲199%
Operating result €312,059, net result €248,871, both a record.
30-06
Financial Equity above €500,000equity €620,183 ▲67%
2 profitable years in a row build equity to €620,183.
2022
06-12
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
30-06
Financial Back to profitnet €83,185
Net result €83,185 after one loss-making year.
25-01
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-06
Financial Weakest financial yearnet -€38,952
Net result drops to -€38,952, the lowest in the series; recovery starts the following year.
26-01
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2019
24-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2018
19-10
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2017
06-10
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2016
23-11
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded01-04-1999
Financial year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465565455
Also 9925:BE0465565455

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Recognised contractor

1 category
G&D CONSTRUCT BVapproval no. 32839
  • F2 Steel load-bearing structuresclass 3, up to €600,000
decision 28-04-2026

Environmental permits

3 applications in Flanders since 2023 · 3 granted
Nieuwbouw of aanleggen
Granted on 22-01-2026submitted 14-04-2025authority: Provincie Antwerpenproject 2024149868
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 04-11-2024submitted 29-09-2024authority: Putteproject 2024131193
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 04-12-2023submitted 25-09-2023authority: Putteproject 2023126452

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 1999
registered office establishment The establishment unit on the map
Ground area
6,364 m²
Building footprint
2,667 m²
Parcel 12035B0603/00C000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Dreefvelden 44, 2860 Sint-Katelijne-Waver
Manufacture of metal structures and parts of structures
since 1999unit no. 2.092.406.893
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12035B0603/00C000 Flanders 6,364 m² 1 · 2,667 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited

deed of 25-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone

deed of 25-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Thursday of December at 19:00

deed of 25-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stemrecht, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
2 more provisions in the deed, see the deed of 25-01-2024

deed of 25-01-2024