Result
€51,281 €51,281
Back in profit in 2025, after a loss of €5,841 in 2024.
G & N
Lifetime
12 annual accounts with figures on one time axispeak €123,625 (2020)
€96,420▲ 257%
lowest -€32,712 (2023)
€51,281▲ €57,122
peak €157,427 (2021)
€138,290▲ 58.9%
€284,095▼ 5.2%
Board2 names since 2013
2 directors and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €26,997 to €96,420Back to profit: €51,281Equity from €87,009 to €138,290Cash from €29,887 to €67,803
Key points
from the 2025 annual accountsFilings
12 annual accounts since 2014
Six of the last ten came late. The 2023 accounts came latest: 98 days after the end of the period.
Position in the sector
€51,281
Higher net result than 86% of companies in specialised construction. Sector median €9,997 · 37,222 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as G & N has now. Each dot stands for 87 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
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 34,721 companies, not a prediction for G & N. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535774253
New establishment in Pelt
Heikesveld 48
Incorporation
published on 27-06-2013 · Gazette deed
First establishment
G&N BVBA, Kolonie 17, Lommel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| G & N Lommel | €422,385 | €96,420 | 32.7% | - |
| ILFATEC Lommel | €413,470 | €87,591 | 54.1% | - |
| RS TECHNIEK Bilzen-Hoeselt | €494,616 | €91,321 | 37.4% | - |
| FELI SERVICE Tongeren-Borgloon | €467,393 | €105,983 | 44.4% | - |
| Electro Buyle Merelbeke-Melle | €458,956 | €92,826 | 44.2% | - |
| PROLIGHTING Antwerp | €392,274 | €98,416 | 77.0% | - |
| ELEKTRO DECOCK Zwevegem | €407,550 | €102,318 | 36.2% | - |
These companies have the same main activity as G & N: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €392,000 and €495,000, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 14-06-2013Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment units
- 2.220.406.5113920 Lommel, since 14-06-2013
- 2.344.412.8933910 Pelt, since 04-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2025
Annual accounts 2025
- ≈ €350,000estimated
- €422,385▲ 9.2%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on G & N
G & N files the micro format. That format states no turnover. The gross margin rose from €71,278 in 2014 to €96,420 in 2025.
The balance sheet grew most in 2022 through fixed assets, financed with long-term debt.
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 & N
- What is the company number of G & N?
- The company number of G & N is 0535.774.253. The VAT number is the same number with BE in front: BE 0535.774.253.
- Where is G & N based?
- The registered office is at Kolonie 17, 3920 Lommel.Company details
- What does G & N do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of G & N?
- G & N is a private limited company (pre-2019) (BVBA).
- When was G & N founded?
- G & N was founded on 14-06-2013.
- Is G & N still active?
- Yes, G & N is an active enterprise in the KBO register.
- What is the turnover of G & N?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €96,420 and 45 comparable companies (NACE 43211). It probably lies between €230,000 and €540,000.Financials
- Is G & N profitable?
- In financial year 2025, G & N made a profit of €51,281.
- Where can I find the annual accounts of G & N?
- G & N filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of G & N due?
- G & N must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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