G.T.J.-CONSTRUCT
ActiveG.T.J.-CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €12k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▼-22
Solvency29▲+11
Growth22=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.74 in 2023), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
24.8%
Return on assets
2.7%
Age of the figures
20 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
30 d early
2022
28 d early
2021
34 d early
2020
32 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€254k▼ 8.8%
2023 · €278k
2018: €494k
2019: €261k
2020: €320k
2021: €245k
2022: €237k
2023: €278k
2018 → 2024
EBIT margin
9.7%▼ 3.6pp
2023 · 13.4%
2018: 17.9%
2019: -0.9%
2020: 10.7%
2021: -8.5%
2022: 3.0%
2023: 13.4%
2018 → 2024
Net result
€12k▼ 50.5%
2023 · €24k
2018: €58k
2019: €-11k
2020: €12k
2021: €-31k
2022: €-2k
2023: €24k
2018 → 2024
Working capital
€-29k▲ 12.5%
2023 · €-33k
2018: €38k
2019: €38k
2020: €57k
2021: €25k
2022: €5k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€320k-€245k▼ 23.6%€237k▼ 3.1%€278k▲ 17.3%€254k▼ 8.8%
Equity€176k-€145k▼ 17.7%€131k▼ 9.3%€97k▼ 26.3%€108k▲ 12.2%
Operating result€34k-€-21k€7k€37k▲ 417%€25k▼ 33.5%
Net result€12k-€-31k€-2k▲ 94.3%€24k€12k▼ 50.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437k
Fixed assets
€387k▼ 5.8%
Current assets
€50k▼ 46.1%
Equity and liabilities €437k
Equity
€108k▲ 12.2%
Provisions
€13▼ 72.6%
Debt
€329k▼ 19.2%
The debt ratio falls from 80.8% to 75.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€55k▼
2023 · €72k
Cash flow
€42k▼
2023 · €59k
Solvency
24.8%▲
2023 · 19.2%
Current ratio
0.63▼
2023 · 0.74
Quick ratio
0.62▼
2023 · 0.72
Debt / equity
3.03▼
2023 · 4.21
ROE
10.9%▼
2023 · 24.7%
ROA
2.7%▼
2023 · 4.7%
Interest coverage
7.52▼
2023 · 8.82
Debt
€329k▼
2023 · €407k
Debt ≤ 1 year
€79k▼
2023 · €126k
Debt > 1 year
€249k▼
2023 · €280k
Income taxes
€6k▲
2023 · €5k
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€504k€437k▼
Fixed assets21/28€411k€387k▼
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€408k€384k▼
Land and buildings22€395k€374k▼
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€10k€5k▼
Current assets29/58€93k€50k▼
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€69k€28k▼
Trade receivables40€64k€23k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€17k€17k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€504k€437k▼
Equity10/15€97k€108k▲
Contributions10/11€6k€6k=
Reserves13€115k€127k▲
Tax-exempt reserves132€182€50▼
Distributable reserves133€115k€127k▲
Profit (loss) carried forward14€-25k€-25k=
Provisions and deferred taxes16€46€13▼
Deferred taxes168€46€13▼
Amounts payable17/49€407k€329k▼
Amounts payable after more than one year17€280k€249k▼
Financial debts170/4€280k€249k▼
Amounts payable within one year42/48€126k€79k▼
Current portion of amounts payable after more than one year42€35k€31k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46€20k-
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48€58k€33k▼
Accrued charges and deferred income492/3€336€315▼
Income statement
Code20232024
Turnover70€278k€254k▼
Non-recurring operating income76A€10k€950▼
Goods, raw materials, services and sundry goods60/61€212k€196k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€31k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€78k€59k▼
Operating profit (loss)9901€37k€25k▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€29k€17k▼
Transfer from deferred taxes780€33€33=
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€24k€12k▼
Transfer from tax-exempt reserves789€132€132=
Profit (loss) for the period to be appropriated9905€24k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-846€-13k▼
Profit (loss) brought forward from the previous period14P€-25k€-25k=
Transfer from equity791/2€58k-
Transfer to equity691/2€24k€12k▼
To other reserves6921€24k€12k▼
Profit to be distributed694/7€58k-
Return on contributions (dividend)694€58k-
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €108k ▲12.2%
2 profitable years in a row build equity to €108k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-31k ▼355%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Riemst · 1 establishment unit since 2006
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.
Langstraat 22A3770 RiemstGround area
1,489 m²
Building footprint
292 m²
Volume, LiDAR
848 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.T.J.-CONSTRUCT BVBA
since 20062.152.951.523
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73053B1556/00K000 | Flanders | 910 m² | 1 · 143 m² | 8.9 m · 2 fl. |
| 73053B1556/00H000 | Flanders | 578 m² | 1 · 150 m² | 7.5 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
VANNEC
BE 0807.969.220
Oostkamp · Eq €109k
MANO Partners
BE 1015.323.051
Merelbeke-Melle · Eq €109k
FONS VAN BAELEN
BE 0878.167.031
Geel · Eq €108k
YOUCONSTRUCT
BE 1016.516.745
Lokeren · Eq €107k
DGNT FREELANCE
BE 0727.545.728
Mons · Eq €111k
Of 1,805 companies in sector 42220 we hold annual accounts for 948. 704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2006
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
45215
25110Manufacture of metal structures and parts of structures
28110
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
45310
45332
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.