Equity
€115,714 from €235,005 in 2011
Equity fell by 51% in 14 years.
GANDACONSTRUCT
Lifetime
16 annual accounts with figures on one time axispeak €32,123 (2021)
-€3,824▲ €14,404
lowest -€31,316 (2018)
-€23,785▲ €4,933
peak €235,005 (2011)
€115,714▼ 17.1%
€3.6m▲ 1.6%
Board5 names since 2018
4 directors and 3 others
Owners
50.2%
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from -€18,228 to -€3,824Loss of €23,785Equity from €139,499 to €115,714Cash from €4,021 to €773
Key points
from the 2025 annual accountsLosses
-€81,116 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€3.6m 97% of the balance sheet
After one year 1%Within one year 99%
Of this, €3.6m falls due within a year.
2025 accounts filed 27 days after the deadlineTurnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 910 companies had the same profile as GANDACONSTRUCT has now. Each dot stands for 3 companies, two years later.
95.2%
were still trading
2.2%
stopped another way
2.4%
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 910 companies, not a prediction for GANDACONSTRUCT. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager
Manager
Director
Director
- 50.2%equity €58,341 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0812221382
Changes of role: (director) and (director)
General meeting of 26-09-2022 · Gazette deed
Registered office moved from Melle to Gent-Afsnee
New registered office: Leieriggestraat 52, 9051 Gent-Afsnee · Previous registered office: Vlaschaard 5, 9090 Melle · Resignation: (manager) · General meeting of 21-02-2018 · Gazette deed
First establishment
At the time the registered office was still in Melle.
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GANDACONSTRUCT Ghent | €3.7m | -€0.004m | 3.1% | - |
| VERCITY Ghent | €3.6m | -€0.02m | 0.7% | 0 |
| LIEMAN Erpe-Mere | €3.1m | -€0.001m | 99.0% | - |
| CREADOMUS INVEST Ixelles | €3.4m | -€1.3m | -101.6% | 0 |
| STONE4LIFE Antwerp | €3.9m | -€0.8m | 12.8% | 0 |
| BROOKLAND.be Schilde | €3.7m | -€0.006m | -25.3% | - |
| GREEN DOG Watermael-Boitsfort | €4.2m | -€0.04m | 48.4% | - |
These companies have the same main activity as GANDACONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.1m and €4.2m, founded between 2006 and 2010.
Official details
Source: KBO- Status
- Active since 11-06-2009Normal situation
- Activity
- Development of residential building projectsNACE 68121and 3 others
- Establishment unit
- 2.178.828.0549051 Ghent, registered on 22-06-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Insights on GANDACONSTRUCT
GANDACONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from -€6,490 in 2010 to -€3,824 in 2025.
holds 50.2% of the shares.
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 GANDACONSTRUCT
- What is the company number of GANDACONSTRUCT?
- The company number of GANDACONSTRUCT is 0812.221.382. The VAT number is the same number with BE in front: BE 0812.221.382.
- Where is GANDACONSTRUCT based?
- The registered office is at Leieriggestraat 52, 9051 Ghent.Company details
- What does GANDACONSTRUCT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GANDACONSTRUCT?
- GANDACONSTRUCT is a private limited company (BV).
- When was GANDACONSTRUCT founded?
- GANDACONSTRUCT was founded on 11-06-2009.
- Is GANDACONSTRUCT still active?
- Yes, GANDACONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of GANDACONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is GANDACONSTRUCT profitable?
- In financial year 2025, GANDACONSTRUCT made a loss of €23,785.
- Where can I find the annual accounts of GANDACONSTRUCT?
- GANDACONSTRUCT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GANDACONSTRUCT due?
- GANDACONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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