GDB CONSTRUCT

Active

Private limited companyfounded 20214 yrs activeZwarte Beekstraat 12, 2830 Willebroek, BelgiumKBO/BCE: BE 0778.685.019

Summary

The computed 12-month bankruptcy probability of GDB CONSTRUCT is 7.0% (elevated). The 2024 annual accounts show equity of €5,490 and a net result of €1,756. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 2438 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

GDB CONSTRUCTActiveChecked score 37/100

Risk analysis Report Compare

Activity

Coating of metals

NACE 25510Manufacture of fabricated metal products, except machinery and equipment NACE 25610

1 site

Size

€10,163total assets 2024

Equity: €5,490
Profit: €1,756

Turnover not published (abridged schema)

Financial health

37 Weak Checked score 2024

Bankruptcy chance 12 m: 7.0%

Structure

Accounts 66 d overdue0 of 2 deeds read

Why 37- Figures for FY 2024 (filed 27-06-2025)- 1 change of registered office in 24 months- Founded in 2021- 1 financial year not filed after the legal deadlineShow the evidence

Checked score

Score 2024

37 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 60% of its sector peers (NACE 25, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Strong

Solvency 79+27

equity 54.0% of total assets

Liquidity 43+32

short-term debt 21.5% · cash 0.1%

Profitability 81+81

return on assets 17.3%

Bankruptcy probability, 12 months

7.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,693 companies)

Last 24 months 11-2024: 2.5% 12-2024: 2.5%● 0.0% vs 11-2024 01-2025: 2.5%● 0.0% vs 12-2024 02-2025: 2.5%● 0.0% vs 01-2025 03-2025: 2.6%▲ +1.7% vs 02-2025 04-2025: 2.6%▲ +0.8% vs 03-2025 05-2025: 2.6%▲ +0.7% vs 04-2025 06-2025: 4.8%▲ +84.4% vs 05-2025 07-2025: 3.0%▼ -37.5% vs 06-2025 08-2025: 2.5%▼ -17.0% vs 07-2025 09-2025: 2.5%● 0.0% vs 08-2025 10-2025: 2.5%● 0.0% vs 09-2025 11-2025: 2.5%● 0.0% vs 10-2025 12-2025: 2.3%▼ -6.1% vs 11-2025lowest value 01-2026: 2.3%● 0.0% vs 12-2025lowest value 02-2026: 2.3%● 0.0% vs 01-2026lowest value 03-2026: 2.4%▲ +0.8% vs 02-2026 04-2026: 2.8%▲ +20.3% vs 03-2026 05-2026: 3.4%▲ +18.8% vs 04-2026 06-2026: 3.6%▲ +5.1% vs 05-2026 07-2026: 3.4%▼ -3.0% vs 06-2026 08-2026: 3.9%▲ +13.1% vs 07-2026 09-2026: 4.3%▲ +9.1% vs 08-2026 10-2026: 7.0%▲ +63.8% vs 09-2026highest value

Figures for FY 2024 (filed 27-06-2025) raises the probability
1 change of registered office in 24 months raises the probability
Founded in 2021 raises the probability for this profile
1 financial year not filed after the legal deadline raises the probability

No publishable credit limit; credit only on tighter terms

Liquidity ample (current ratio 4.65 against 1.37 in 2023; short-term debt: 21.5% and cash: 0.1% of total assets), and 46% of the assets are financed with debt.

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 25, micro). Better than this share of them on solvency 58%, liquidity 32%, profitability 64%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Figures for FY 2024 (filed 27-06-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Founded in 2021

In the bankruptcy model this factor raises the probability for this profile.

KBO

1 financial year not filed after the legal deadline

In the bankruptcy model this factor raises the probability.

NBB · filings

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

31 d early

2022

31 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)

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

27-06-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Back to profitnet €1,756
31-12-24 Liquidity triplescurrent ratio 4.65

Key points

Caution: Among the weakest 13% on equitysector median €75,000 · 2,441 companies €5,490 View
Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
Total assets 20243 fiscal years filed €10,163 View