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GC Block

Active Private limited companyfounded 2009active for 16 yearsBruggenhoofdstraat 70, 9800 DeinzeKBO/BCE: BE 0821.775.387

Lifetime

16 annual accounts with figures on one time axis
peak €97,547 (2020)
€82,061▼ 15.5%
lowest -€203,069 (2021)
€42,128▼ 9.4%
peak €214,678 (2020)
€46,760▲ 69.0%
€344,694▲ 19.2%
peak 0.2 FTE (2015)
-not published
Board2 names since 2014
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €97,116 to €82,061Dividend €23,031Equity from €27,663 to €46,760Debts from €289,069 to €344,694Cash from €77,436 to €157,030

Key points

from the 2025 annual accounts

Equity

€46,760 from €214,678 in 2020

Equity fell by 78% in 5 years.

Debts

€344,694 88% of the balance sheet
Financial debts 36%Suppliers 1%Taxes and wages 2%Other 61%

Of this, €228,344 falls due within a year.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Six of the last ten came late. The 2021 accounts came latest: 60 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,052 companies had the same profile as GC Block has now. Each dot stands for 13 companies, two years later.

95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 5,052 companies, not a prediction for GC Block. 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

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0821775387
Change of role: , from manager to director Resignation: (director) · Director discharge: · Registered office clause: Bruggenhoofdstraat 70, 9800 Deinze · General meeting of 23-05-2022 · Gazette deed
Resignation: (director) Director discharge: · General meeting of 01-12-2021 · Gazette deed
Resignations & appointments General meeting of 19-07-2016 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
GC Block Deinze €391,454 €82,061 11.9% -
VETIMMOBO Lokeren €446,520 €102,819 92.0% -
FLOW Antwerp €428,276 €85,647 78.9% -
Géode Groupe Brussels €424,332 €66,578 61.6% -
BUILDING GRYVAN Menen €436,487 €94,379 67.6% -
MULLER & PARTNERS Visé €353,850 €87,931 21.7% -
Winderickx Business Support Liedekerke €419,556 €98,401 16.0% -

These companies have the same main activity as GC Block: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €354,000 and €447,000, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 24-12-2009Normal situation
Activity
Buying and selling of own real estateNACE 68110and 2 others
Establishment unit
2.187.035.0469800 Deinze, since 21-12-2009
Financial year end
31 December
Peppol
Reachable since 09-09-2025
Company details

Annual accounts 2025

≈ €220,000estimated
€391,454▲ 23.6%
Filing
Filed on 31-08-2026
Financials

Insights on GC Block

GC Block files the micro format. That format states no turnover. The gross margin fell from €94,618 in 2010 to €82,061 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.

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 GC Block

What is the company number of GC Block?
The company number of GC Block is 0821.775.387. The VAT number is the same number with BE in front: BE 0821.775.387.
Where is GC Block based?
The registered office is at Bruggenhoofdstraat 70, 9800 Deinze.Company details
What does GC Block do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of GC Block?
GC Block is a private limited company (BV).
When was GC Block founded?
GC Block was founded on 24-12-2009.
Is GC Block still active?
Yes, GC Block is an active enterprise in the KBO register.
What is the turnover of GC Block?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €82,061 and 48 comparable companies (NACE 681). It probably lies between €110,000 and €510,000.Financials
Is GC Block profitable?
In financial year 2025, GC Block made a profit of €42,128.
Where can I find the annual accounts of GC Block?
GC Block filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GC Block due?
GC Block must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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