G & D RENOVATION
ActiveThe computed 12-month bankruptcy probability of G & D RENOVATION is 6.5% (elevated). The 2024 annual accounts show negative equity (€-5k) and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
11
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-100
Growth32=
Track record100
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
9 d early
2022
41 d early
2021
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-5k
2023 · €3k
2021: €4k
2022: €5k
2023: €3k
2021 → 2024
Total assets
€643▼ 86.1%
2023 · €5k
2021: €6k
2022: €9k
2023: €5k
2021 → 2024
Net result
€-9k▼ 453%
2023 · €-2k
2021: €-1k
2022: €1k
2023: €-2k
2021 → 2024
Working capital
€-4k
2023 · €4k
2021: €3k
2022: €5k
2023: €4k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€4k-€5k▲ 30.6%€3k▼ 31.3%€-5k
Operating result€-1k-€1k€-1k€-9k▼ 501%
Net result€-1k-€1k€-2k€-9k▼ 453%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €1k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €643
Fixed assets
€146▼ 59.1%
Current assets
€497▼ 88.4%
Key figures and ratios
EBITDA
€-8k▼
2023 · €-1k
Cash flow
€-9k▼
2023 · €-1k
Interest coverage
-46.60▼
2023 · -7.70
Debt
€6k▲
2023 · €1k
Debt ≤ 1 year
€5k▲
2023 · €655
Ratios withheld: a balance sheet total of €643 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€643▼
Fixed assets21/28€357€146▼
Tangible fixed assets22/27€357€146▼
Plant, machinery and equipment23€357€146▼
Current assets29/58€4k€497▼
Amounts receivable within one year40/41€4k€479▼
Trade receivables40€1k€329▼
Other amounts receivable41€3k€149▼
Cash at bank and in hand54/58€352€18▼
Equity and liabilities
Total equity and liabilities10/49€5k€643▼
Equity10/15€3k€-5k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-2k€-10k▼
Amounts payable17/49€1k€6k▲
Amounts payable within one year42/48€655€5k▲
Trade debts44€655€688▲
Suppliers440/4€655€688▲
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3€500€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€211€211=
Other operating charges640/8€280€320▲
Gross operating margin9900€-934€-8k▼
Operating profit (loss)9901€-1k€-9k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€158€179▲
Recurring financial charges65€158€179▲
Profit (loss) for the period before taxes9903€-2k€-9k▼
Profit (loss) for the period9904€-2k€-9k▼
Profit (loss) for the period to be appropriated9905€-2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-10k▼
Profit (loss) brought forward from the previous period14P€65€-2k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.53
Current ratio from 2.59 to 6.53; short-term debt falls from €3k to €655.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boomkwekerijstraat 691601 Sint-Pieters-LeeuwGround area
57 m²
Building footprint
88 m²
Volume, LiDAR
401 m³
Parcel 23069A0152/00K005, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
G&D Renovation
since 20202.306.085.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0152/00K005 | Flanders | 57 m² | 1 · 88 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Stig
BE 0797.926.750
Brecht · Eq €3k
SPLENDEUR DU BOIS
BE 0474.970.891
Sint-Lambrechts-Woluwe · Eq €3k
HENSE KRAANWERKEN
BE 0801.697.674
Kalmthout · Eq €3k
CMJ GESTION
BE 0479.702.612
Oupeye · Eq €3k
Bouw- en Tuinwerken Reynaers
BE 1029.770.806
Dilbeek · Eq €3k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 2,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.gdrenovation.be
E-mail:info@gdrenovation.be