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G & F CONSTRUCTION

Active
Private limited companyfounded 2018active for 8 yearsRue du Sergent-Merx 98, 4000 Liège, BelgiumKBO/BCE: BE 0693.698.369
Summary

G & F CONSTRUCTION has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272,724 and a net result of €67,323. Equity has been growing by about 29% per year since 2018. Its solvency ranks better than 67% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 28-03-2018 Normal situation
Activity
Plastering work NACE 43310and 5 others
Establishment units
2.274.669.202 4000 Liège, since 01-04-2018
2.328.320.494 3700 Tongeren-Borgloon, since 10-11-2021
Financial year end
31 December
Peppol
Reachable since 17-10-2025

Board and ownership

Board

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€256,080
▲ 0.3%
Turnover
≈ €720,000
estimated
Profit
€67,323
▼ 30.7%
Equity
€272,724
▲ 32.8%
Total assets
€438,627
▲ 5.1%
Staff
≈ 2.6 FTE
estimated
  • 2025 accounts filed 41 days after the deadline
Filed on 10-09-2026
Score breakdownraises riskLast filed accounts filed 41 days late; 2 of the last 3 accounts lateSize: total assets €438,627lowers riskLiquidity: current ratio 5.19, cash €57,532Equity €272,724 (62.2% of total assets)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 87+13
equity 62.2% of total assets
Liquidity 66-4
short-term debt 9.5% · cash 13.1%
Profitability 88-10
return on assets 15.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 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: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.4%▲ +0.1 percentage points vs 01-2025 03-2025: 1.3%▼ -0.1 percentage points vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.6 percentage points vs 07-2025 09-2025: 2.1%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.7%▼ -1.4 percentage points vs 09-2025 11-2025: 0.6%▼ -0.1 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: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 0.7%▼ -0.3 percentage points vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.19 (2.27 in 2024), above the usual 1.5. Short-term debt is 9.5% and cash 13.1% of total assets. 37.8% 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 68% of them on solvency, 65% on liquidity, 73% on profitability and 76% 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 risk
raises risk · Last filed accounts filed 41 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 5.19, cash €57,532
NBB · annual accounts
lowers risk · Equity €272,724 (62.2% of total assets)
NBB · annual accounts
raises risk · Size: total assets €438,627
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
41 days late
2024
40 days late
2023
47 days early
2022
79 days late
2021
23 days late
2020
16 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 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 9 September (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Higher net result than 91% of companies in specialised constructionsector median €10,227 · 34,889 companies €67,323 View
  • Positive: Equity rose in 2025from €205,401 to €272,724 ▲ 32.8% View

Recent changes

  1. · Gazette deed Legal-form change · Resignations & appointmentsChange of role: SIMNICA Gani, from manager to director
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as G & F CONSTRUCTION: plastering work (NACE 43310). They are comparable in size and age: total assets between €341,000 and €578,000, founded between 2015 and 2020.

CompanyTotal assetsGross margin
G & F CONSTRUCTION Liège€438,627€256,080
RENOVATION FRANCOIS Saint-Nicolas€440,738€264,011
WINANDY CONSTRUCTION Theux€577,994€233,749
Stucproject Zoersel€453,575€202,604
Pleisterwerken Kools Ieper€462,121€272,129
DSO CONCEPT Anderlues€455,874€196,764
Building Arts Antwerpen€341,212€242,720
Full comparison

Key facts about G & F CONSTRUCTION

What is the company number of G & F CONSTRUCTION?
The company number of G & F CONSTRUCTION is 0693.698.369. The VAT number is the same number with BE in front: BE 0693.698.369.
Where is G & F CONSTRUCTION based?
The registered office is at Rue du Sergent-Merx 98, 4000 Liège.Company details
What does G & F CONSTRUCTION do?
According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of G & F CONSTRUCTION?
The legal form of G & F CONSTRUCTION is Private limited company (BV).
When was G & F CONSTRUCTION founded?
G & F CONSTRUCTION was founded on 28-03-2018.
Is G & F CONSTRUCTION still active?
Yes, G & F CONSTRUCTION is an active enterprise in the KBO register.
How many employees does G & F CONSTRUCTION have?
G & F CONSTRUCTION had an average of 3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of G & F CONSTRUCTION?
The turnover in financial year 2025 is ≈ €720,000. This figure is estimated from the gross margin of €256,080 and 61 comparable companies (NACE 433). It probably lies between €540,000 and €960,000.
Is G & F CONSTRUCTION profitable?
In financial year 2025, G & F CONSTRUCTION made a profit of €67,323.
Where can I find the annual accounts of G & F CONSTRUCTION?
G & F CONSTRUCTION filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G & F CONSTRUCTION due?
G & F CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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