GDH PROJECTS

Active

Private limited companyfounded 2018active for 7 yearsPetrus Ascanusstraat 64, 1730 Asse, BelgiumKBO/BCE: BE 0715.450.719

Summary

GDH PROJECTS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,231 and a net result of €30,817. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 68% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

GDH PROJECTSActiveChecked score 94/100

Risk analysis Report Compare

Activity

Other building finishing work

NACE 43350General construction of residential buildings NACE 41001

1 site

Size

€111,184total assets 2025

Equity: €70,231
Profit: €30,817

Turnover not published (abbreviated or micro format)

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

2025 accounts 39 days early1 of 5 deeds summarised

Why 94raises riskSector: Specialised construction activities (NACE 43)Founded in 2018lowers riskLiquidity: current ratio 2.35, cash €45,923Equity €70,231 (63.2% of total assets)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 76% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 88-12

equity 63.2% of total assets

Liquidity 84+27

short-term debt 36.1% · cash 41.3%

Profitability 100=

return on assets 27.7%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.2 percentage points vs 02-2025 04-2025: 1.1%▲ +0.2 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -0.2 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 0.1%▼ -1.0 percentage point vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.35, compared with 3.8 in 2024, above the usual 1.5; short-term debt: 36.1% and cash: 41.3% of total assets), and 36.8% of the assets are financed with debt and provisions.

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 (NACE 43, micro): better than 69% on solvency, 82% on liquidity, 92% on profitability and 60% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 2.35, cash €45,923

NBB · annual accounts

Equity €70,231 (63.2% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Founded in 2018

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

39 days early

2024

16 days early

2023

34 days early

2022

27 days early

2021

5 days early

2020

33 days early

2019

on the day

← before the deadline after the deadline →

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

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-06-2026 Annual accounts filedfinancial year 2025 · micro…
15-07-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Liquidity doublescurrent ratio 3.80

Key points

Positive: Always filed on timeaccounts within the deadline every year 7 years View
Positive: 7 profitable years in a rowprofit 2025: €30,817 7 years View
Total assets 20256 financial years filed €111,184 View

By topic

Financials

Financial year: 2025
Total assets: €111,184
Profit: €30,817
Solvency: 63.2%

Total assets▲ 42.8%

Net result

20192025

Go to Financials

Timeline

Events: 11
Since: 2020
Next accounts: by 31-07-2027

27-06-2024Annual accounts filed
31-12-2023Liquidity more than doubled
14-12-2023Amendment of the articles · Legal-form change

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other building finishing workNACE 43350
Founded: 04-12-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 24

Annual meeting: First Friday of June at 14:00
Purpose: “Het coördineren en uitvoeren van algemene afwerkingsprojecten in de bouw voor eigen…” (deed in Dutch)

Go to Articles of association

Key facts about GDH PROJECTS

What is the company number of GDH PROJECTS?: 0715.450.719. In Belgium the VAT number is the company number with BE in front: BE 0715.450.719.
Where is GDH PROJECTS based?: The registered office is at Petrus Ascanusstraat 64, 1730 Asse.Company details
What does GDH PROJECTS do?: According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of GDH PROJECTS?: Private limited company (BV).
When was GDH PROJECTS founded?: On 04-12-2018.
Is GDH PROJECTS still active?: Yes, GDH PROJECTS is an active enterprise in the KBO register.
What is the turnover of GDH PROJECTS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GDH PROJECTS profitable?: In financial year 2025, GDH PROJECTS made a profit of €30,817.
Where can I find the annual accounts of GDH PROJECTS?: GDH PROJECTS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GDH PROJECTS due?: By 31-07-2027, for financial year 2026.Timeline