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GANDACONSTRUCT

Active Private limited companyfounded 2009active for 17 yearsLeieriggestraat 52, 9051 GhentKBO/BCE: BE 0812.221.382 subsidiary of

Annual accounts 2025

abbreviated format, filed on 27-08-2026, 27 days late
-€3,824
▲ €14,404
-€6,120
▲ €14,381
-€23,785
▲ €4,933
€133,086
▼ 9.7%
3.1%
▼ 0.7 percentage points
1.04
▼ 0.00

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €3.7m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

3.1%

Higher than 21% of 12,430 companies in 2025.

1.04

Higher than 45% of 11,958 companies in 2025.

-0.6%

Higher than 32% of 12,333 companies in 2025.

GANDACONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 3.7m3.7m3.2m2.2m1.6m881,774288,512194,550222,263224,171226,017228,685230,702234,448343,642195,180
21/28 8561,9202,9844,0485,111---------143487
22/27 8561,9202,9844,0485,111---------143487
23 8561,9202,9844,0485,111-----------
24 --------------143487
29/58 3.7m3.7m3.2m2.2m1.6m881,774288,512194,550222,263224,171226,017228,685230,702234,448343,499194,693
3 3.3m3.3m2.7m2.0m1.3m825,891239,03226,259182,815182,815182,815182,815182,815182,815167,065163,415
30/36 3.3m3.3m2.7m2.0m1.3m825,891239,03226,259182,815182,815182,815182,815182,815182,815167,065163,415
40/41 390,790389,050362,542109,720221,11036,69412,40311,1165,3825,4295,4297,1416,8096,6542,5871,316
40 347,284349,114345,9388,573154,601-----------
41 43,50639,93616,604101,14666,50936,69412,40311,1165,3825,4295,4297,1416,8096,6542,5871,316
54/58 7734,02176,49827,28114,83214,70333,922157,17634,06635,92737,77338,72841,07844,979173,84729,962
490/1 -9901,0593,2352,8164,4873,154----1----
Balance sheet: equity and liabilities
10/49 3.7m3.7m3.2m2.2m1.6m881,774288,512194,550222,263224,171226,017228,685230,702234,448343,642195,180
10/15 115,714139,499168,217193,489196,830164,486181,277190,947222,263224,171226,017228,685230,702232,543235,00586,720
10/11 255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000101,000
100 ------255,000255,000255,000255,000255,000255,000255,000255,000255,000255,000
101 ---------------154,000
14 -139,286-115,501-86,783-61,511-58,170-90,514-73,723-64,053-32,737-30,829-28,983-26,315-24,298-22,457-19,995-14,280
17/49 3.6m3.5m3.0m2.0m1.4m717,288107,2353,604-----1,906108,637108,460
17 ---------------100,000
178/9 ---------------100,000
42/48 3.6m3.5m3.0m2.0m1.4m717,288107,2353,604-----1,906108,637734
42 --------------100,000-
44 5,1722,206132,198152,321146,18161,9377,0873,411-----1,906--
440/4 5,1722,206132,198152,321146,18161,9377,0873,411-----1,906--
45 -------149--------
450/3 -------149--------
47/48 3.6m3.5m2.9m1.8m1.2m655,351100,14845------8,637734
492/3 18,2279,747-------------7,726
Income statement
76A -------348--------
9900 -3,824-18,228-12,662-3,80032,123-16,739-7,276-30,844-1,748-1,945-1,480-1,561-1,671-3,316-5,871-6,490
630 1,0641,0641,0641,064208--------143344544
640/8 1,2321,20911,1601,0663,4665395594782502751,735547470466115196
66A ------1,812---------
9901 -6,120-20,500-24,886-5,92928,449-17,279-9,648-31,322-1,997-2,220-3,214-2,108-2,141-3,926-6,330-7,230
75/76B 91,5852,3252,6743,951521422190374579983291,491643719
75 91,5852,3252,6743,951521422190374579983291,491643719
65/66B 17,6759,8032,7118556336415-03372828287,769
65 17,6759,8032,7118556336415-03372828287,769
9903 -23,785-28,718-25,272-3,34132,343-16,790-9,670-31,316-1,908-1,846-2,668-2,017-1,840-2,462-5,715-14,280
67/77 ---------0------
9904 -23,785-28,718-25,272-3,34132,343-16,790-9,670-31,316-1,908-1,846-2,668-2,017-1,840-2,462-5,715-14,280
9905 -23,785-28,718-25,272-3,34132,343-16,790-9,670-31,316-1,908-1,846-2,668-2,017-1,840-2,462-5,715-14,280
Appropriation of the result
9906 -139,286-115,501-86,783-61,511-58,170-90,514-73,723-64,053-32,737-30,829-28,983-26,315-24,298-22,457-19,995-14,280
14P -115,501-86,783-61,511-58,170-90,514-----------
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The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433985.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-08-2026 2026-00433985 PDF
31-12-2024 abbreviated format 23-12-2025 2025-00589038 PDF
31-12-2023 abbreviated format 16-07-2024 2024-00248233 PDF
31-12-2022 abbreviated format 25-08-2023 2023-00352613 PDF
31-12-2021 abbreviated format 22-08-2022 2022-20301463 PDF
31-12-2020 abbreviated format 11-06-2021 2021-19400566 PDF
31-12-2019 abbreviated format 13-07-2020 2020-29100262 PDF
31-12-2018 abbreviated format 28-08-2019 2019-52900025 PDF
31-12-2017 micro format 26-07-2018 2018-39500201 PDF
31-12-2016 micro format 22-06-2017 2017-20200179 PDF
31-12-2015 abbreviated format 20-06-2016 2016-20100095 PDF
31-12-2014 abbreviated format 28-07-2015 2015-36400117 PDF
31-12-2013 abbreviated format 31-07-2014 2014-38100503 PDF
31-12-2012 abbreviated format 26-06-2013 2013-22200382 PDF
31-12-2011 abbreviated format 20-06-2012 2012-20700055 PDF
31-12-2010 abbreviated format 29-06-2011 2011-23100391 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
-5,056-19,436-23,822-4,86628,657---------3,782-5,986-6,686
-22,721-27,654-24,208-2,27732,552---------2,319-5,371-13,736
00005,320--------001,032
-3,248-72,47749,21712,449129-19,220-123,253123,109-1,860-1,846-955-2,350-3,901-128,868143,885-
133,086147,327165,234189,442191,718164,486181,277190,947-----232,543234,862193,958
3.1%3.8%5.3%8.9%12.5%18.7%62.8%98.1%100.0%100.0%100.0%100.0%100.0%99.2%68.4%44.4%
1.041.041.061.101.141.232.6953.99------3.16-
0.110.110.150.070.170.080.4646.70-----27.091.6242.59
30.9925.3117.8310.186.994.360.590.02-----0.010.461.25
-20.6%-20.6%-15.0%-1.7%16.4%-10.2%-5.3%-16.4%-0.9%-0.8%-1.2%-0.9%-0.8%-1.1%-2.4%-16.5%
-0.6%-0.8%-0.8%-0.2%2.1%-1.9%-3.4%-16.1%-0.9%-0.8%-1.2%-0.9%-0.8%-1.1%-1.7%-7.3%
-0.29-1.98-8.79-57.24over 100-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€5,320
€1,064€1,064€1,064€1,064€208

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GANDACONSTRUCT

The operating result for 2025 is a loss of €6,120, smaller than the loss of €20,500 in 2024.

Debt's share of the balance-sheet total rises from 96.2% to 96.9%. Equity is lower and debt is higher.

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