Starting capital
€5,000 100 shares
GC CONSTRUCTION
Lifetime
1 annual account with figurespeak €180,509 (2025)
€180,509
peak €13,935 (2025)
€13,935
peak €18,935 (2025)
€18,935
€17,261
Board1 name since 2024
1 directorCEYLAN Gökhan
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsAt the same address
955 companies
Position in the sector
€18,935
Less equity than 87% of companies in specialised construction. Sector median €250,029 · 9,976 companies.
2025 accounts filed 27 days after the deadline
Checked score
50
Fair
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.9%lowest value
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 2.0%▲ +0.1 percentage points vs 01-2026
03-2026: 2.4%▲ +0.4 percentage points vs 02-2026
04-2026: 2.4%● unchanged vs 03-2026
05-2026: 2.7%▲ +0.3 percentage points vs 04-2026
06-2026: 3.0%▲ +0.3 percentage points vs 05-2026
07-2026: 3.0%● unchanged vs 06-2026
08-2026: 2.9%▼ -0.1 percentage points vs 07-2026
09-2026: 3.5%▲ +0.6 percentage points vs 08-2026
10-2026: 3.8%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 3.8%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Liquidity: current ratio 1.50
Size: turnover €180,509, total assets €36,196
Sector: Specialised construction activities (NACE 43)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 57% of them on solvency, 48% on liquidity and 76% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as GC CONSTRUCTION has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of GC CONSTRUCTION itself is higher: 3.8% within 12 months. It rests on far more data about GC CONSTRUCTION than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for GC CONSTRUCTION. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.5, above the usual 1.5. Short-term debt is 47.7% of total assets. 47.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
27 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €5,000, 100 shares · Founder: CEYLAN Gökhan · Appointment: CEYLAN Gökhan (director) · published on 18-11-2024 · Gazette deed
First establishment
Rue du Mayeur 152, Châtelet
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GC CONSTRUCTION Kraainem | €36,196 | €65,819 | 52.3% | - |
| OZ TECHNICS Ghent | €42,787 | €67,186 | 35.1% | - |
| Klusser Kris Herent | €49,954 | €34,189 | 51.0% | - |
| BT RENOVATION Dilbeek | €37,367 | €33,819 | 77.4% | - |
| Rocksteady Constructions BV Leuven | €46,265 | €31,473 | 33.6% | - |
| RDK Algemene dak & bouwwerken Ninove | €51,416 | €41,852 | 61.8% | - |
| PROXI & COM Molenbeek-Saint-Jean | €34,750 | €34,161 | 80.1% | - |
These companies have the same main activity as GC CONSTRUCTION: other construction installation (NACE 43240). They are comparable in size and age: total assets between €34,800 and €51,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-11-2024Normal situation
- Registered office
- 957 active companies are registered at this address96 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Other construction installationNACE 43240and 5 others
- Establishment unit
- 2.366.297.3806200 Châtelet, since 13-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on GC CONSTRUCTION
The computed 12-month bankruptcy probability of GC CONSTRUCTION is 3.8% (moderate). The 2025 annual accounts show equity of €18,935 and a net result of €13,935.
Its solvency ranks better than 60% of 9,974 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 CONSTRUCTION
- What is the company number of GC CONSTRUCTION?
- The company number of GC CONSTRUCTION is 1016.181.601. The VAT number is the same number with BE in front: BE 1016.181.601.
- Where is GC CONSTRUCTION based?
- The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
- What does GC CONSTRUCTION do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of GC CONSTRUCTION?
- GC CONSTRUCTION is a private limited company (BV).
- When was GC CONSTRUCTION founded?
- GC CONSTRUCTION was founded on 13-11-2024.
- Is GC CONSTRUCTION still active?
- Yes, GC CONSTRUCTION is an active enterprise in the KBO register.
- What is the turnover of GC CONSTRUCTION?
- The turnover of GC CONSTRUCTION was €180,509 in financial year 2025, according to the filed annual accounts.Financials
- Is GC CONSTRUCTION profitable?
- In financial year 2025, GC CONSTRUCTION made a profit of €13,935.
- Where can I find the annual accounts of GC CONSTRUCTION?
- GC CONSTRUCTION filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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