GB BUILD
ActiveGB BUILD has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €526k and a net result of €73k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+10
Solvency49▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.39 in 2024; short-term debt: 31.2% and cash: 1.2% of total assets), and 75.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.3%
Return on assets
3.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
5 d early
2022
31 d late
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€526k▲ 2.3%
2024 · €514k
2018: €71k
2019: €131k
2020: €187k
2021: €273k
2022: €360k
2023: €419k
2024: €514k
2018 → 2025
Total assets
€2.17M▲ 8.5%
2024 · €2.00M
2018: €1.21M
2019: €1.21M
2020: €947k
2021: €1.29M
2022: €2.46M
2023: €2.44M
2024: €2.00M
2018 → 2025
Net result
€73k▼ 30.0%
2024 · €104k
2018: €24k
2019: €60k
2020: €68k
2021: €103k
2022: €101k
2023: €69k
2024: €104k
2018 → 2025
Working capital
€238k▲ 11.0%
2024 · €214k
2018: €14k
2019: €-93k
2020: €92k
2021: €187k
2022: €72k
2023: €109k
2024: €214k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€273k-€360k▲ 31.7%€419k▲ 16.7%€514k▲ 22.5%€526k▲ 2.3%
Operating result€150k-€154k▲ 2.2%€162k▲ 5.4%€204k▲ 25.9%€148k▼ 27.4%
Net result€103k-€101k▼ 1.6%€69k▼ 31.4%€104k▲ 49.5%€73k▼ 30.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.17M
Fixed assets
€1.25M▲ 1.0%
Current assets
€914k▲ 20.7%
Equity and liabilities €2.17M
Equity
€526k▲ 2.3%
Provisions
€5k▼ 9.6%
Debt
€1.63M▲ 10.7%
The debt ratio rises from 74.0% to 75.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€272k▼
2024 · €300k
Cash flow
€197k▼
2024 · €200k
Solvency
24.3%▼
2024 · 25.7%
Current ratio
1.35▼
2024 · 1.39
Quick ratio
0.94▼
2024 · 1.20
Debt / equity
3.11▲
2024 · 2.87
ROE
13.8%▼
2024 · 20.2%
ROA
3.4%▼
2024 · 5.2%
Interest coverage
5.84▲
2024 · 4.42
Debt
€1.63M▲
2024 · €1.48M
Debt ≤ 1 year
€677k▲
2024 · €543k
Debt > 1 year
€925k▲
2024 · €924k
Income taxes
€30k▲
2024 · €26k
Staff costs
€117k▲
2024 · €56k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.00M€2.17M▲
Fixed assets21/28€1.24M€1.25M▲
Tangible fixed assets22/27€1.24M€1.25M▲
Land and buildings22€1.11M€1.07M▼
Plant, machinery and equipment23€37k€22k▼
Furniture and vehicles24€94k€156k▲
Financial fixed assets28€270€270=
Current assets29/58€757k€914k▲
Stocks and contracts in progress3€107k€279k▲
Stocks30/36€41k€279k▲
Contracts in progress37€66k€0▼
Amounts receivable within one year40/41€599k€597k▼
Trade receivables40€540k€568k▲
Other amounts receivable41€59k€29k▼
Cash at bank and in hand54/58€37k€26k▼
Deferred charges and accrued income490/1€13k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.00M€2.17M▲
Equity10/15€514k€526k▲
Contributions10/11€50k€50k=
Reserves13€464k€476k▲
Tax-exempt reserves132€24k€22k▼
Distributable reserves133€439k€454k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€6k€5k▼
Deferred taxes168€6k€5k▼
Amounts payable17/49€1.48M€1.63M▲
Amounts payable after more than one year17€924k€925k▲
Financial debts170/4€922k€922k▲
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€543k€677k▲
Current portion of amounts payable after more than one year42€86k€108k▲
Financial debts43€204€0▼
Credit institutions430/8€0-
Other loans439€204€0▼
Trade debts44€195k€275k▲
Suppliers440/4€195k€275k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€7k€10k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€253k€278k▲
Accrued charges and deferred income492/3€9k€33k▲
Income statement
Code20242025
Non-recurring operating income76A€31k€0▼
Remuneration, social security and pensions62€56k€117k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97k€124k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€750€0▼
Other operating charges640/8€15k€13k▼
Non-recurring operating charges66A€441€0▼
Gross operating margin9900€373k€403k▲
Operating profit (loss)9901€204k€148k▼
Financial income75/76B€364€544▲
Recurring financial income75€364€544▲
Financial charges65/66B€68k€47k▼
Recurring financial charges65€68k€47k▼
Profit (loss) for the period before taxes9903€136k€102k▼
Transfer from deferred taxes780-€581
Transfer to deferred taxes680€6k€0▼
Income taxes67/77€26k€30k▲
Profit (loss) for the period9904€104k€73k▼
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689€24k€0▼
Profit (loss) for the period to be appropriated9905€79k€75k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€75k▼
Transfer from equity791/2-€60k
Transfer to equity691/2€70k€74k▲
To other reserves6921€70k€74k▲
Profit to be distributed694/7€9k€61k▲
Return on contributions (dividend)694-€61k
Directors or managers695€9k€0▼
Social balance
Average headcount (FTE)90871.12.1▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €104k ▲49.5%
Operating result €204k, net result €104k, both a record.
31-12
Financial
Equity above €500kEq €514k ▲22.5%
7 profitable years in a row build equity to €514k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Equity above €200kEq €273k ▲45.7%
4 profitable years in a row build equity to €273k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €187k ▲42.9%
3 profitable years in a row build equity to €187k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Equity above €100kEq €131k ▲83.9%
2 profitable years in a row build equity to €131k.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
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, Anzegem · 1 establishment unit since 2016
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.
Peter Benoitstraat 128570 AnzegemGround area
2,641 m²
Parcel 34038B0135/00W002, Flanders. Linked by address, not a title deed.
1 establishment unit
GB BUILD
since 20162.249.769.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0135/00W002 | Flanders | 2,641 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,024 EUR awarded · 1,024 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 149 EUR | 149 EUR |
| 2024 | 1 | 65 EUR | 65 EUR |
| 2023 | 1 | 157 EUR | 157 EUR |
| 2022 | 1 | 653 EUR | 653 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,655 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68110Buying and selling of own real estate
41003General construction of other non-residential buildings
68121Development of residential building projects
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43320Joinery installation
43410Roofing work
43422Screed work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.