G&V CONSTRUCT
ActiveSummary
G&V CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,437) and a net result of €4,956. Equity has been shrinking by about 95% per year since 2023. Its solvency ranks better than 5% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-11-2022 Normal situation
- Activity
- Insulation installation NACE 43230and 5 others
- Establishment unit
- 2.338.124.721 1331 Rixensart, since 22-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Board and ownership
- DRAGASTAN Georgiana-IulianaDirector
- DRAGASTAN GheorgheDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €5,549
- Turnover
- ≈ €54,000
- estimated
- Profit
- €4,956
- Equity
- -€5,437
- ▲ 47.7%
- Total assets
- €9,309
- ▲ 88.4%
- Negative equity on 31-12-2025
- 2025 accounts filed 30 days after the deadline
Score breakdownraises riskCapped at 59: negative equityFounded in 2022Last filed accounts filed 30 days late; 1 of the last 3 accounts lateNegative equity -€5,437lowers riskLiquidity: current ratio 0.63, cash €8,565Show 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 43, micro). It does better than 3% of them on solvency, 43% on liquidity, 92% on profitability and 82% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 3 accounts on average 30 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)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00479654.
Annual accounts 2025 filed on 30-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a profit of €5,162, after a loss of €15,332 in 2024. It is the highest result since 2023.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €86,077 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €80,701 | - | - | - |
| Other operating charges640/8 | €348 | €403 | €387 | ▼ 4.0% |
| Gross operating margin9900 | €5,376 | -€14,928 | €5,549 | - |
| Operating profit (loss)9901 | €5,029 | -€15,332 | €5,162 | - |
| Financial charges65/66B | €106 | €196 | €205 | ▲ 4.6% |
| Recurring financial charges65 | €106 | €196 | €205 | ▲ 4.6% |
| Profit (loss) for the period before taxes9903 | €4,923 | -€15,528 | €4,956 | - |
| Income taxes67/77 | €985 | -€197 | - | - |
| Profit (loss) for the period9904 | €3,938 | -€15,331 | €4,956 | - |
| Profit (loss) for the period to be appropriated9905 | €3,938 | -€15,331 | €4,956 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9,711 | €4,940 | €9,309 | ▲ 88.4% |
| Current assets29/58 | €9,711 | €4,940 | €9,309 | ▲ 88.4% |
| Amounts receivable within one year40/41 | €112 | €527 | €744 | ▲ 41.0% |
| Other amounts receivable41 | €112 | €527 | €744 | ▲ 41.0% |
| Cash at bank and in hand54/58 | €9,600 | €4,412 | €8,565 | ▲ 94.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9,711 | €4,940 | €9,309 | ▲ 88.4% |
| Equity10/15 | €4,938 | -€10,393 | -€5,437 | ▲ 47.7% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €3,938 | -€11,393 | -€6,437 | ▲ 43.5% |
| Amounts payable17/49 | €4,773 | €15,333 | €14,746 | ▼ 3.8% |
| Amounts payable within one year42/48 | €4,773 | €15,333 | €14,746 | ▼ 3.8% |
| Trade debts44 | €357 | €10,701 | €9,082 | ▼ 15.1% |
| Suppliers440/4 | €357 | €10,701 | €9,082 | ▼ 15.1% |
| Taxes, remuneration and social security45 | €985 | - | - | - |
| Taxes450/3 | €985 | - | - | - |
| Other amounts payable47/48 | €3,432 | €4,632 | €5,664 | ▲ 22.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,938 | -€15,331 | €4,956 | - |
| Operating cash flow (approximation) | €3,938 | -€15,331 | €4,956 | - |
| Change in cash | - | -€5,187 | €4,153 | - |
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, 1,017 companies had the same profile as G&V CONSTRUCT has now. Two years later, 89.2% were still going and 6.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of G&V CONSTRUCT itself is lower: 1.2% within 12 months. It rests on far more data about G&V CONSTRUCT than the profile alone.
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 1,017 companies, not a prediction for G&V 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
- DRAGASTAN Gheorghe 50 shares (50%) · €500
- DRAGASTAN Georgiana-Iuliana 50 shares (50%) · €500
Capital transactions
- 24-11-2022 Incorporation · €1,000 · 100 shares
- 24-11-2022 Incorporation · €1,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DRAGASTAN Georgiana-Iuliana |
|
| DRAGASTAN Gheorghe |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, cessions entre vifs onéreux gratuit volontaires forcées exclusion retrait…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 24-11-2022 (in French)
Network & group
G&V CONSTRUCT shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of G&V CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-11
Gazette deed
IncorporationStarting capital €1,000 · Appointments: DRAGASTAN Gheorghe (director) and DRAGASTAN Georgiana-Iuliana (director) · Founder19 points ▸
- Founder, DRAGASTAN Gheorghe
- Founder, DRAGASTAN Georgiana-Iuliana
- Other provision, “capacité des comparants et identité” (deed in French)
- Other provision, “lecture et explication de l’acte” (deed in French)
- Other provision, “projet d’acte reçu à l’avance” (deed in French)
- Other provision, “plan financier et responsabilité des fondateurs”, 21-11-2022 (deed in French)
- Founding capital, €1,000, mentioned 2 times in the deed
- DRAGASTAN Gheorghe holds 50 shares (50%)
- DRAGASTAN Georgiana-Iuliana holds 50 shares (50%)
- Other provision, “arrêté des statuts” (deed in French)
- Registered office clause, “1331 Rosières (Rixensart),Rue Rosier Bois,11” (deed in French)
- Other provision, “pas encore, pas encore” (deed in French)
- The act holds 7 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
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 0793.835.132
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25092B0308/00Z000 | Wallonia | 417 m² | 1 · 105 m² | 8.4 m · 2 |