Losses
-€4,375 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
G.L.H. CONSTRUCT
Lifetime
7 annual accounts with figures on one time axispeak €19,935 (2023)
-€147▼ €11,446
lowest -€8,549 (2022)
-€2,979▼ €1,583
peak €12,503 (2021)
€5,149▼ 36.7%
€236▼ 96.3%
Board6 names since 2018
1 director
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €11,299 to -€147Loss of €2,9791 director appointed, 2 resignations 21-11Equity from €8,128 to €5,149Debts from €6,313 to €236Cash from €9,070 to €194
Key points
from the 2025 annual accountsBoard
1 joined · 2 left
Board changed. Latest change 21-11-2025 · 1 in office.
Position in the sector
€5,149
Less equity than 87% of companies in specialised construction. Sector median €57,818 · 37,225 companies.
2025 accounts filed 29 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,601 companies had the same profile as G.L.H. CONSTRUCT has now. Each dot stands for 10 companies, two years later.
87.1%
were still trading
9.7%
stopped another way
2.9%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,601 companies, not a prediction for G.L.H. CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 01-10-2025
- partnerdeed of 21-11-2025
- partnerdeed of 21-11-2025
- associé uniquedeed of 21-11-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0715535544
1 director appointed, 2 resignations
Transfer of shares from to · Transfer of shares from to · Resignations: and · General meeting of 01-10-2025 · Gazette deed
2 directors appointed, 1 resignation
Transfer of 93 shares from to · Transfer of 93 shares from to · Resignation: (administrateuretassocié) · General meeting of 15-06-2024 · Gazette deed
Registered office moved to Soumagne
New registered office: rue Pierre Curie 86, 4630 Soumagne · Change of role: , from manager to director · Resignation: (manager) · General meeting of 25-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| G.L.H. CONSTRUCT Herve | €5,385 | -€147 | 95.6% | - |
| FORMWORK BELGIAN Zaventem | €4,789 | -€17,063 | -1492.8% | - |
| AV SERVICE Wingene | €11,385 | -€6,517 | -451.2% | - |
| SKYLAR CONSTRUCTION Ghent | €11,601 | -€14,361 | 25.1% | - |
| G Partner Huy | €10,182 | -€1,030 | 42.8% | - |
| WAUCONSTRUCTION Thimister-Clermont | €13,276 | -€7,736 | -117.1% | - |
| Dobbelaere Jurgen Bouwwerken Blankenberge | €3,391 | -€703 | -406.2% | - |
These companies have the same main activity as G.L.H. CONSTRUCT: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €3,390 and €13,300, founded between 2012 and 2022.
Official details
Source: KBO- Status
- Active since 06-12-2018Normal situation
- Activity
- Bricklaying and masonry workNACE 43910and 2 others
- Establishment unit
- 2.285.452.7314630 Soumagne, since 01-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on G.L.H. CONSTRUCT
G.L.H. CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €3,903 in 2019 to -€147 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about G.L.H. CONSTRUCT
- What is the company number of G.L.H. CONSTRUCT?
- The company number of G.L.H. CONSTRUCT is 0715.535.544. The VAT number is the same number with BE in front: BE 0715.535.544.
- Where is G.L.H. CONSTRUCT based?
- The registered office is at Rue des Juifs 56, 4654 Herve.Company details
- What does G.L.H. CONSTRUCT do?
- According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
- What is the legal form of G.L.H. CONSTRUCT?
- G.L.H. CONSTRUCT is a private limited company (BV).
- When was G.L.H. CONSTRUCT founded?
- G.L.H. CONSTRUCT was founded on 06-12-2018.
- Is G.L.H. CONSTRUCT still active?
- Yes, G.L.H. CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of G.L.H. CONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is G.L.H. CONSTRUCT profitable?
- In financial year 2025, G.L.H. CONSTRUCT made a loss of €2,979.
- Where can I find the annual accounts of G.L.H. CONSTRUCT?
- G.L.H. CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of G.L.H. CONSTRUCT due?
- G.L.H. CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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