GDF Projects
ActiveSummary
The computed 12-month bankruptcy probability of GDF Projects is 4.3% (elevated). The 2025 annual accounts show negative equity (-€6,462) and a net result of -€2,572. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€6,462
- Loss
- -€2,572
Why 46raises risk1 change of registered office in 24 monthsNo main activity registeredFounded in 2023lowers riskSize: total assets €1,038Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 35% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- NameShareholding · Board composition ·…
- Registered office · Capital & shares…Appointment: FORRÊT Damien (director) ·…
- Annual accounts filedfinancial year 2025 · micro…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €2,507 in 2025 against €6,215 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,639 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€6,215 | -€2,507 | ▲ 59.7% |
| Operating profit (loss)9901 | -€6,215 | -€2,507 | ▲ 59.7% |
| Financial charges65/66B | €175 | €65 | ▼ 62.9% |
| Recurring financial charges65 | €175 | €65 | ▼ 62.9% |
| Profit (loss) for the period before taxes9903 | -€6,390 | -€2,572 | ▲ 59.7% |
| Profit (loss) for the period9904 | -€6,390 | -€2,572 | ▲ 59.7% |
| Profit (loss) for the period to be appropriated9905 | -€6,390 | -€2,572 | ▲ 59.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,160 | €1,038 | ▼ 51.9% |
| Current assets29/58 | €2,160 | €1,038 | ▼ 51.9% |
| Amounts receivable within one year40/41 | €965 | - | - |
| Trade receivables40 | €666 | - | - |
| Other amounts receivable41 | €299 | - | - |
| Cash at bank and in hand54/58 | €511 | €1,038 | ▲ 103% |
| Deferred charges and accrued income490/1 | €685 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,160 | €1,038 | ▼ 51.9% |
| Equity10/15 | -€3,890 | -€6,462 | ▼ 66.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€6,390 | -€8,962 | ▼ 40.2% |
| Amounts payable17/49 | €6,050 | €7,500 | ▲ 24.0% |
| Amounts payable within one year42/48 | €6,050 | €7,500 | ▲ 24.0% |
| Trade debts44 | €550 | - | - |
| Suppliers440/4 | €550 | - | - |
| Other amounts payable47/48 | €5,500 | €7,500 | ▲ 36.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€6,390 | -€2,572 | ▲ 59.7% |
| Operating cash flow (approximation) | -€6,390 | -€2,572 | ▲ 59.7% |
| Change in cash | - | €527 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00023429 |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00020590 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| D'AGOSTINO Gioele |
|
| FORRÊT Damien |
|
Owners and capital
Capital and shareholders
- D'AGOSTINO Gioele 50 shares
- FORRÊT Damien 50 shares
- D'AGOSTINO Gioele all shares
- FORRÊT Damien 50 shares
- D'AGOSTINO Gioele to FORRÊT Damien 50 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-10
Gazette deed
NameShareholding · Board composition · Name change11 facts ▸
- General meeting, 12-10-2026
- Other provision, “président,secrétaire et scrutateur”, 12-10-2026 (deed in French)
- Shareholding, 12-10-2026, 50 (2 times)
- Board composition, D'AGOSTINO Gioele (director)
- Board composition, FORRÊT Damien (director)
- Other provision, “ordre du jour, Changement de dénomination sociale” (deed in French)
- Other provision, “convocations et quorum” (deed in French)
- Other provision, “constatation de la validité de l'assemblée” (deed in French)
- Name change, GDF Projects
- Power of attorney
- Other provision, “résolutions ainsi que,article par article,les modifications aux statuts,adoptées successivement, vote” (deed in French)
28-09
Gazette deed
Registered office · Capital & shares · Purpose · Resignations & appointmentsAppointment: FORRÊT Damien (director) · Registered-office move · Power of attorney17 facts ▸
- Registered-office move, 14 rue du Berlaimont à 6220 Fleurus
- Director appointment, FORRÊT Damien (director (not named in the articles))
- Power of attorney, Christophe HOSPEL
- Power of attorney (2 times)
- Other provision, “résolutions ainsi que,article par article,modifications aux statuts, vote et adoption des résolutions” (deed in French)
- General meeting, 21-09-2026
- Incorporation, 13-01-2023
- Other provision, “statuts non modifiés depuis constitution, registre des personnes morales” (deed in French)
- Shareholding, 21-09-2026, “registre des actions nominatives” (deed in French)
- Board composition, D'AGOSTINO Gioele (sole director)
- Other provision, 24-09-2026
- Other provision, “Cession d’actions, Modification de l’objet social - rapport” (deed in French)
- +5 further facts in this act
17-01
Gazette deed
IncorporationAppointment: D'AGOSTINO Gioele (director) · Founder · Founding capital15 facts ▸
- Founder, D'AGOSTINO Gioele
- Incorporation, 13-01-2023
- Founding capital, €2,500
- Declaration, “plan financier et capitaux de départ, responsabilité des fondateurs en cas de faillite dans les trois ans si capitaux propres de départ manifestement insuffisan…” (deed in French)
- Declaration, “avertissements légaux préalables, interdiction à certaines personnes de participer à administration et contrôle” (deed in French)
- Other provision, “acter authentiquement, réquisition d’acter” (deed in French)
- Capital
- Other provision, “absence de faillite, ne pas avoir été déclaré en faillite jusqu'à ce jour” (deed in French)
- Other provision, “autorisations préalables objet social, autorisations et licences préalables requises par réglementations en vigueur” (deed in French)
- General meeting, “à l'instant, société constituée, assemblée générale des actionnaires” (deed in French)
- Registered office clause, “6061 Montignies-sur-Sambre, Rue des Châteaux d’eau 8A” (deed in French)
- Board rule, 1
- +3 further facts in this act
Register details
New in the register since 28 October 2026.
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52021C0369/00K008 | Wallonia | 5,977 m² | 1 · 1,498 m² | 6.4 m · 2 |
| 52412A1081/00G000 | Wallonia | 118 m² | 1 · 89 m² | 7.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Trade Foot Manager
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTICLE ONZE - Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs, proportionnellement au nombre d'actions acquises s'ils sont…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)