GB Construction
The computed 12-month bankruptcy probability of GB Construction is 5.1% (elevated). The 2024 annual accounts show negative equity (€-12k) and a net result of €-14k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 11080 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-12k |
| Net result | €-14k |
| Better than sector | 5% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -41.1% | 40.9% | |
| Net result | €-14k | €11k | |
| Equity | €-12k | €34k | |
| Gross operating margin | €-4k | €35k | |
| Total assets | €29k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-12k |
| Net profit | €-14k |
| Cash flow | €-10k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €29k |
| Equity | €-12k |
| Debt | €41k |
| of which ≤ 1y | €41k |
| of which > 1y | - |
| Working capital | €-40k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.01 |
| Quick ratio | 0.01 |
| Working capital ratio | -139.5% |
| Solvency | -41.1% |
| Debt / equity | -3.43 |
| Long-term debt ratio | - |
| Interest coverage | -14.66 |
| Gross margin | - |
| Net margin | - |
| ROA | -49.3% |
| ROE | 120.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €29k |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €28k |
| Current assets | 29/58 | €468 |
| Amounts receivable within one year | 40/41 | €388 |
| Cash & bank | 54/58 | €80 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €29k |
| Equity | 10/15 | €-12k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-15k |
| Amounts payable | 17/49 | €41k |
| Amounts payable within one year | 42/48 | €41k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-16k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €805 |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
-
M.S. CONSTRUCTIONLegal entityDirector· perm. rep.: Montemurro JoakimState Gazette act 24146166 (10-10-2024)Current09-08-2024 → present
Former directors (1)
-
Former- → 09-08-2024
| NACE primary | Specialised construction(43910) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2021 |
| Status | Active |
| Postal code | 4100 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62353D0249/00C003 | Wallonia | 187 m² | 1 · 56 m² | 11.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-03-2026 Montemurro Lorenzo appointed as statutory auditor
- Montemurro Lorenzo, Commissaris
Technical details
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"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de d\u00E9missionner Monsieur Montemurro Joakim de son poste de repr\u00E9sentant permanent.",
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"office_city": "Seraing",
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},
"act_meta": {
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"filing_date": "2026-02-04",
"act_kind_objet": "Objet de l\u0027acte:"
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"decisions": [
{
"body": "algemene_vergadering",
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},
{
"body": "algemene_vergadering",
"date": "2026-02-04",
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],
"is_correction": false,
"subject_company": {
"kbo": "0770.606.008",
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}10-10-2024 Registered office moved from Grâce-Hollogne to Seraing
- Rue Joseph Heusdens 42, 4460 Grâce-Hollogne → Rue du Val Saint-Lambert 143, 4100 Seraing
Technical details
{
"events": [
{
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"street": "Rue du Val Saint-Lambert",
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"box_number": null,
"street_number": "143"
},
"old_address": {
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"street": "Rue Joseph Heusdens",
"country": "BE",
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"street_number": "42"
},
"effective_date": "2024-08-09",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer, ce jour, le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante : Rue du Val Saint-Lambert 143, 4100 Seraing"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0770.606.008",
"name_full": "GB CONSTRUCTION",
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}
}11-03-2022 Registered office moved from Ougrée to Grace-Hollogne
- Rue F. Roosevelt 142, 4102 Ougrée → Rue Joseph Heusdens 42, 4460 Grace-Hollogne
Technical details
{
"events": [
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"box_number": null,
"street_number": "42"
},
"old_address": {
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"region": null,
"street": "Rue F. Roosevelt",
"country": "BE",
"postcode": "4102",
"box_number": null,
"street_number": "142"
},
"effective_date": "2022-01-26",
"evidence_quote": "A l\u0027unanimit\u00E9 des voix, l\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer le si\u00E8ge social \u00E0 l\u0027adresse suivante : Rue Joseph Heusdens 42 \u00E0 4460 Grace-Hollogone. Ces d\u00E9cision prennent effet ce jour."
}
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"subject_company": {
"kbo": "0770.606.008",
"name_full": "GB CONSTRUCTION",
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}
}05-07-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4102 Seraing (Ougr\u00E9e), Rue Fran\u00E7ois Roosevelt 142",
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"act_meta": {
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1983-03-06",
"name": "Giuseppe BRUNO",
"niss": null,
"address": "4102 Seraing (Ougr\u00E9e), Rue Fran\u00E7ois Roosevelt 142"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "Giuseppe BRUNO",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
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},
"initial_directors": [],
"incorporation_date": "2021-07-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GB Construction |