GD-CONSTRUCTIONS
ActiveThe computed 12-month bankruptcy probability of GD-CONSTRUCTIONS is 2.1% (moderate). The 2025 annual accounts show negative equity (€-7k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27559 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency0▼-38
Growth51=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.94 in 2024; short-term debt: 131.4% and cash: 41% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-31.4%
Return on assets
-49.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 d early
2024
33 d early
2023
17 d early
2022
7 d late
2021
4 d late
2020
30 d late
2019
117 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€215k▲ 21.3%
2021 · €177k
2019: €136k
2020: €142k
2021: €177k
2019 → 2022
EBIT margin
-8.3%▼ 15.6pp
2021 · 7.3%
2019: -2.9%
2020: 5.5%
2021: 7.3%
2019 → 2022
Net result
€-11k▼ 17.1%
2024 · €-10k
2018: €1k
2019: €-4k
2020: €7k
2021: €9k
2022: €-20k
2023: €2k
2024: €-10k
2018 → 2025
Working capital
€-13k▼ 1,108%
2024 · €-1k
2018: €16k
2019: €12k
2020: €19k
2021: €18k
2022: €2k
2023: €7k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€177k-€215k▲ 21.3%
Equity€32k-€12k▼ 63.3%€14k▲ 19.7%€4k▼ 69.9%€-7k
Operating result€13k-€-18k€3k€-7k€-9k▼ 28.2%
Net result€9k-€-20k€2k€-10k€-11k▼ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €7k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€6k▼ 56.4%
Current assets
€17k▼ 5.3%
Key figures and ratios
EBITDA
€-2k▼
2024 · €239
Cash flow
€-4k▼
2024 · €-2k
Solvency
-31.4%▼
2024 · 13.4%
Current ratio
0.57▼
2024 · 0.94
Quick ratio
0.57▼
2024 · 0.94
Debt / equity
-4.19▼
2024 · 6.46
ROA
-49.6%▼
2024 · -31.1%
Interest coverage
-0.91▼
2024 · 0.10
Debt
€30k▲
2024 · €27k
Debt ≤ 1 year
€30k▲
2024 · €19k
Debt > 1 year
€0▼
2024 · €8k
Income taxes
€310▲
2024 · €184
Staff costs
€0▼
2024 · €336
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€31k€23k▼
Fixed assets21/28€13k€6k▼
Tangible fixed assets22/27€13k€6k▼
Furniture and vehicles24€13k€6k▼
Current assets29/58€18k€17k▼
Amounts receivable within one year40/41€10k€8k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€5k€9k▲
Deferred charges and accrued income490/1€4k€344▼
Equity and liabilities
Total equity and liabilities10/49€31k€23k▼
Equity10/15€4k€-7k▼
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-16k€-27k▼
Amounts payable17/49€27k€30k▲
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€19k€30k▲
Current portion of amounts payable after more than one year42€5k€7k▲
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€9k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€336€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€4k€-18▼
Operating profit (loss)9901€-7k€-9k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-10k€-11k▼
Income taxes67/77€184€310▲
Profit (loss) for the period9904€-10k€-11k▼
Profit (loss) for the period to be appropriated9905€-10k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-27k▼
Profit (loss) brought forward from the previous period14P€-6k€-16k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €-20k ▼316%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲35.5%
Operating result €13k, net result €9k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Awans · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Armand Scheufele 24340 AwansGround area
1,091 m²
Building footprint
146 m²
Volume, LiDAR
883 m³
Parcel 62077B0588/00H000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Armand Scheufele 2, 4340 Awans
since 20172.267.605.622
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62077B0588/00H000 | Wallonia | 1,091 m² | 1 · 146 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,292 companies in sector 43350 we hold annual accounts for 2,361. 908 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2017
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43223Specialised construction activities
43310Plastering work
43910Bricklaying and masonry work
43990Other specialised construction activities
43993Specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.