G-S CONSTRUCT
ActiveSummary
G-S CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €0 and a net result of €122,655. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 12% of 9,399 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-07-2022 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 3 others
- Establishment unit
- 2.332.931.063 1933 Zaventem, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 08-09-2025
Board and ownership
- SANDERSON GillesDirector · since 01-07-2022
- SANDERSON Gilles100 sharesdeed of 05-07-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €175,973
- ▲ 13.8%
- Turnover
- ≈ €580,000
- estimated
- Profit
- €122,655
- ▲ 8.9%
- Equity
- €0
- ▼ 100%
- Total assets
- €184,328
- ▼ 49.1%
Score breakdownraises riskCapped at 59: zero equitySector: Construction of residential and non-residential buildings (NACE 41)Founded in 2022Equity €0 (0.0% of total assets)lowers riskLiquidity: current ratio 0.90, cash €136,434, halvedShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 11% of them on solvency, 51% on liquidity, 91% on profitability and 5% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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
The company filed its last 4 accounts on average 78 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-02-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 10% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €6,813 | €2,372 | €20,196 |
| Depreciation and write-downs of the year | €751 | €714 | €2,548 | €7,003 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €751 | €714 | €2,548 | €7,003 | ▲ 175% |
| Other operating charges640/8 | €6,843 | €1,732 | €1,780 | €2,597 | ▲ 45.9% |
| Non-recurring operating charges66A | - | - | - | €991 | - |
| Gross operating margin9900 | €74,819 | €151,543 | €154,649 | €175,973 | ▲ 13.8% |
| Operating profit (loss)9901 | €67,226 | €149,096 | €150,320 | €165,382 | ▲ 10.0% |
| Financial income75/76B | €1 | €93 | €6 | €71 | ▲ 12× |
| Recurring financial income75 | €1 | €93 | €6 | €71 | ▲ 12× |
| Financial charges65/66B | €1,288 | €3,051 | €2,748 | €2,365 | ▼ 14.0% |
| Recurring financial charges65 | €1,288 | €3,051 | €2,748 | €2,365 | ▼ 14.0% |
| Profit (loss) for the period before taxes9903 | €65,938 | €146,138 | €147,578 | €163,089 | ▲ 10.5% |
| Income taxes67/77 | €14,641 | €34,015 | €34,935 | €40,433 | ▲ 15.7% |
| Profit (loss) for the period9904 | €51,297 | €112,123 | €112,643 | €122,655 | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €51,297 | €112,123 | €112,643 | €122,655 | ▲ 8.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €79,773 | €222,999 | €362,161 | €184,328 | ▼ 49.1% |
| Fixed assets21/28 | - | €6,099 | €5,923 | €18,125 | ▲ 206% |
| Tangible fixed assets22/27 | - | €6,099 | €5,923 | €18,125 | ▲ 206% |
| Plant, machinery and equipment23 | - | - | - | €932 | - |
| Furniture and vehicles24 | - | €6,099 | €5,923 | €17,193 | ▲ 190% |
| Current assets29/58 | €79,773 | €216,900 | €356,238 | €166,203 | ▼ 53.3% |
| Amounts receivable within one year40/41 | €18,842 | €17,734 | €17,076 | €21,380 | ▲ 25.2% |
| Trade receivables40 | €18,842 | €17,734 | €16,625 | €21,054 | ▲ 26.6% |
| Other amounts receivable41 | - | - | €450 | €326 | ▼ 27.6% |
| Cash at bank and in hand54/58 | €49,182 | €188,993 | €330,289 | €136,434 | ▼ 58.7% |
| Deferred charges and accrued income490/1 | €11,748 | €10,173 | €8,873 | €8,389 | ▼ 5.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €79,773 | €222,999 | €362,161 | €184,328 | ▼ 49.1% |
| Equity10/15 | €51,297 | €163,420 | €276,063 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €51,297 | €163,420 | €276,063 | €0 | ▼ 100% |
| Amounts payable17/49 | €28,476 | €59,578 | €86,098 | €184,328 | ▲ 114% |
| Amounts payable within one year42/48 | €28,476 | €59,578 | €80,098 | €184,328 | ▲ 130% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,946 | - |
| Trade debts44 | €877 | €1,386 | €1,311 | €3,167 | ▲ 141% |
| Suppliers440/4 | €877 | €1,386 | €1,311 | €3,167 | ▲ 141% |
| Taxes, remuneration and social security45 | €23,806 | €57,649 | €78,787 | €56,559 | ▼ 28.2% |
| Taxes450/3 | €23,806 | €57,649 | €78,787 | €56,559 | ▼ 28.2% |
| Other amounts payable47/48 | €3,793 | €543 | €0 | €122,655 | - |
| Accrued charges and deferred income492/3 | - | - | €6,000 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,297 | €112,123 | €112,643 | €122,655 | ▲ 8.9% |
| + Depreciation and write-downs630 | €751 | €714 | €2,548 | €7,003 | ▲ 175% |
| Operating cash flow (approximation) | €52,048 | €112,837 | €115,191 | €129,658 | ▲ 12.6% |
| Investment in fixed assets (approximation) | - | - | -€2,372 | -€19,205 | ▼ 710% |
| Change in cash | - | €139,810 | €141,297 | -€193,856 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,157 companies had the same profile as G-S CONSTRUCT has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of G-S CONSTRUCT itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,157 companies, not a prediction for G-S 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.
Board & ownership
Directors
Owners and capital
Shareholders
- SANDERSON Gilles 100 shares (100%) · €3,000 in cash
Capital transactions
- 05-07-2022 Incorporation · €3,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 05-07-2022 (in Dutch)
Network & group
G-S CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of G-S CONSTRUCT. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
05-07
Gazette deed
IncorporationFounding capital of €3,000, 100 shares · Founder: SANDERSON Gilles · Appointment: SANDERSON Gilles (director)5 points ▸
- Incorporation, 01-07-2022
- Founder, SANDERSON Gilles
- Founding capital, €3,000, 100 shares
- Registered office clause, Vossemlaan 22, 1933 Zaventem (Sterrebeek)
- Director appointment, SANDERSON Gilles (director (not named in the articles))
- The deed holds 6 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
20 activities
- Het uitbaten van een ingenieursbureau,een studiebureau voor het uitvoeren van technische studies,audits en expertises;
- Consultancy en dienstverlening inzake commercieel,strategisch,financieel en administratief management,inzake technisch management,productmanagement,inzake PR,publiciteit en marketing,inzake algemeen management,bedrijfsvoering en beheer;
- Consultancy en dienstverlening inzake de administratieve organisatie en de implementatie van bedrijfsprocessen;inzake change-management,conflictmanagement en de begeleiding van reorganisaties.
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding.
- Consultancy en dienstverlening inzake informatie en communicatietechnologie (ICT),informatica en automatisering,computers en computersystemen,software,programma’s en gebruiksklare systemen,systeembeheer en gegevensverwerking;inzake webdesign en webtoepassingen,apps,domeinnamen,hosting en internetservices;inzake communicatie,telefonie en multimedia;inzake grafisch ontwerp,design en productontwikkeling;inzake integrale kwaliteitszorg en diverse zorg-,kwaliteits- en veiligheidssystemen;het ter beschikking stellen en verhuren van (mobiele) ICTinfrastructuur en ICT-toepassingen.
- Consultancy en dienstverlening in de bouwsector,in bouwtechnische aangelegenheden,in het algemeen inzake technische aangelegenheden;het optreden als toezichthoudende instantie,veiligheidscoördinator;de coördinatie van werken en de werfopvolging;het aanbieden van diverse ondersteunende en begeleidende diensten in de bouw en aanverwante sectoren.
- Advies- en dienstverlening inzake personeelsbeleid,human resources,rekrutering en selectie van personeel,rekruteringscommunicatie,assessment,loopbaan-begeleiding,outplacement,coaching,development.
- Het begeleiden,organiseren en verzorgen van trainingen,opleidingen en leerbegeleiding.
- Het geven van seminaries en presentaties.Het schrijven,verzorgen,begeleiden en uitgeven van literaire werken en bijdragen,handboeken,van diverse bijdragen in diverse vormen.
- Projectmanagement en totaalbegeleiding voor voormelde activiteiten evenals alle ondersteunende en aanverwante dienstverlening;concept-analyse en problemsolving voor diverse toepassingen.
- Het vervaardigen,ontwikkelen en commercialiseren van diverse toepassingen,diensten en producten in verband met voormelde activiteiten.
- Het verlenen van diverse administratieve ondersteuning,diverse zakelijke dienstverlening.
- De groot- en kleinhandel,import en export,handelsbemiddeling in fabricaten en halffabricaten,grondstoffen,afvalstoffen,loten van falingen,opkopingen,tweedehandse goederen en diverse consumentenartikelen.
- Het verrichten van alle handelsbemiddeling,het optreden als agent en zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten.
- De uitbouw van een of meerdere organisaties inzake verkoop en dienstverlening;verkoop en dienstverlening via internet en via diverse kanalen.
- Het uitoefenen van de functies van bestuurder,zaakvoerder,directeur of vereffenaar van andere vennootschappen.Het optreden als managementvennootschap en het beheren van vennootschappen,het optreden als holding en het instaan voor alle managementactiviteiten van holdings;het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en de controle van ondernemingen.
- Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,know-how en andere intellectuele rechten.
- Daartoe kan de vennootschap samenwerken met,op gelijk welke wijze -rechtstreeks of zijdelings- deelnemen aan of belangen nemen in ondernemingen van allerlei aard.Zij kan alle verbintenissen aangaan,kredieten en leningen aangaan of toestaan,en ze kan zich voor derden borgstellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.Kortom,zij mag alles doen wat verband houdt met bovengenoemd doel,of wat van aard is de verwezenlijking ervan te bevorderen.
- Het verwerven en beheren voor eigen rekening van een onroerend patrimonium;het stellen van alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen.De activiteit van vastgoedmakelaar en bemiddeling in vastgoed voor rekening van derden,op voorwaarde van het bekomen van een inschrijving bij het BIV of andere bevoegde instanties.
- Het verwerven en beheren voor eigen rekening van een roerend patrimonium;het stellen van alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.De vennootschap mag evenwel geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de reglementering op de financiële transacties en de financiële markten en over het vermogensbeheer en het beleggingsadvies
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0787.951.289
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23082C0157/00H013 | Flanders | 1,455 m² | 1 · 129 m² | 8.4 m · 2 |