Financials
- Fiscal year
- 2024
- Total assets
- €482,564
- Loss
- -€1,788
- Solvency
- -0.4%
GBC PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of GBC PROJECT is 3.7% (moderate). The 2024 annual accounts show negative equity (-€1,738) and a net result of -€1,788. Its solvency ranks better than 19% of 19384 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€482,564total assets 2024
- Equity
- -€1,738
- Loss
- -€1,788
Turnover not published (abridged schema)
Structure
Accounts filed 98 d late0 of 2 deeds read
Why 48- Figures for FY 2024 (filed 13-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 98 days late; 1 of the last 3 late- 1 change of registered office in 24 months+ Sector Real estate activities (NACE 68)Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
25
equity -0.4% of total assets
Liquidity
33
short-term debt 90.0% · cash 26.5%
Profitability
26
return on assets -0.4%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 1.1%● 0.0% vs 11-2024
01-2025: 1.2%▲ +2.8% vs 12-2024
02-2025: 1.2%▲ +3.1% vs 01-2025
03-2025: 1.3%▲ +5.1% vs 02-2025
04-2025: 1.4%▲ +12.1% vs 03-2025
05-2025: 1.4%● 0.0% vs 04-2025
06-2025: 1.5%▲ +4.5% vs 05-2025
07-2025: 1.5%▲ +2.6% vs 06-2025
08-2025: 1.5%▼ -3.5% vs 07-2025
09-2025: 1.5%▲ +1.6% vs 08-2025
10-2025: 1.6%▲ +10.4% vs 09-2025
11-2025: 1.6%● 0.0% vs 10-2025
12-2025: 0.9%▼ -44.2% vs 11-2025
01-2026: 0.9%▼ -1.3% vs 12-2025lowest value
02-2026: 0.9%● 0.0% vs 01-2026lowest value
03-2026: 0.9%● 0.0% vs 02-2026lowest value
04-2026: 0.9%▲ +2.4% vs 03-2026
05-2026: 1.0%▲ +5.6% vs 04-2026
06-2026: 1.0%▼ -2.3% vs 05-2026
07-2026: 1.0%▲ +1.3% vs 06-2026
08-2026: 1.5%▲ +55.6% vs 07-2026
09-2026: 2.0%▲ +33.2% vs 08-2026
10-2026: 3.7%▲ +83.2% vs 09-2026highest value
- Figures for FY 2024 (filed 13-11-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 98 days late; 1 of the last 3 late raises the probability
- Sector Real estate activities (NACE 68) lowers the probability
- 1 change of registered office in 24 months raises the probability
No credit on open account
Liquidity tight (current ratio 1.11; short-term debt: 90% and cash: 26.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 19%, liquidity 26%, profitability 23%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 98 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 06-11-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 30-10-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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