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GC CONCEPT

Active
Private limited companyfounded 20242 yrs activeRue Léon Willocq 21, 6044 Charleroi, BelgiumKBO/BCE: BE 1013.173.314
Summary

The computed 12-month bankruptcy probability of GC CONCEPT is 5.6% (elevated). The 2025 annual accounts show negative equity (-€22,429) and a net result of -€24,429. Its solvency ranks better than 5% of 7564 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32; short-term debt: 299.9% and cash: 10.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-199.9%
Return on assets
-217.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
32 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 September 2024, GC CONCEPT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€22,429
Total assets
€11,219
Net result
-€24,429
Working capital
-€22,779

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €11,219
Fixed assets €350
Current assets €10,869
Key figures and ratios
2025 value
Solvency
-199.9%
Current ratio
0.32
Debt to equity
-1.50
ROA
-217.8%
Debt
€33,647
Debt ≤ 1 year
€33,647
Staff costs
€135,563

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€11,219
Fixed assets21/28€350
Financial fixed assets28€350
Current assets29/58€10,869
Amounts receivable within one year40/41€9,684
Trade receivables40€7,479
Other amounts receivable41€2,204
Cash at bank and in hand54/58€1,185
Equity and liabilities
Total equity and liabilities10/49€11,219
Equity10/15-€22,429
Contributions10/11€2,000
Profit (loss) carried forward14-€24,429
Amounts payable17/49€33,647
Amounts payable within one year42/48€33,647
Trade debts44€33,010
Suppliers440/4€33,010
Taxes, remuneration and social security45€637
Taxes450/3€75
Remuneration and social security454/9€563
Income statement Code2025
Remuneration, social security and pensions62€135,563
Other operating charges640/8€850
Gross operating margin9900€116,944
Operating profit (loss)9901-€19,468
Financial charges65/66B€4,960
Recurring financial charges65€4,960
Profit (loss) for the period before taxes9903-€24,429
Profit (loss) for the period9904-€24,429
Profit (loss) for the period to be appropriated9905-€24,429
Appropriation of the result
Profit (loss) to be appropriated9906-€24,429

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€135,563
Other operating charges640/8€850
Gross operating margin9900€116,944
Operating profit (loss)9901-€19,468
Financial charges65/66B€4,960
Recurring financial charges65€4,960
Profit (loss) for the period before taxes9903-€24,429
Profit (loss) for the period9904-€24,429
Profit (loss) for the period to be appropriated9905-€24,429
Line2025
Assets
Total assets20/58€11,219
Fixed assets21/28€350
Financial fixed assets28€350
Current assets29/58€10,869
Amounts receivable within one year40/41€9,684
Trade receivables40€7,479
Other amounts receivable41€2,204
Cash at bank and in hand54/58€1,185
Equity and liabilities
Total equity and liabilities10/49€11,219
Equity10/15-€22,429
Contributions10/11€2,000
Profit (loss) carried forward14-€24,429
Amounts payable17/49€33,647
Amounts payable within one year42/48€33,647
Trade debts44€33,010
Suppliers440/4€33,010
Taxes, remuneration and social security45€637
Taxes450/3€75
Remuneration and social security454/9€563
Line2025
Profit (loss) for the period9904-€24,429
Operating cash flow (approximation)-€24,429

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
01-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
272 m²
Building footprint
64 m²
Volume, LiDAR
662 m³
Parcel 52061B0803/00C004, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GC CONCEPT
Rue Léon Willocq 21, 6044 CharleroiSpecialised construction activities
since 20242.363.879.607
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52061B0803/00C004 Wallonia 272 m² 1 · 64 m² 13.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43331Floor and wall tiling
43350Other building finishing work
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013173314
Also 9925:BE1013173314
Registered 03-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.