GDM Construct
ActiveSummary
The computed 12-month bankruptcy probability of GDM Construct is 2.5% (moderate). The 2025 annual accounts show equity of €11,643 and a net result of €5,380. Its solvency ranks better than 41% of 9,354 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €11,643
- Profit
- €5,380
Why 53raises riskFounded in 2023Size: turnover €164,752, total assets €33,238Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.66, cash €7,548Show the evidence
Checked score
About 2 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 (NACE 41, micro): better than 42% on solvency, 66% on liquidity, 57% on profitability and 49% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 3 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: MOLDOVEANU Daniel (director) ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (6 days) Filed on 6 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00106843.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 24% above 2024.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 39,278 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 |
|---|---|---|---|
| Turnover70 | €326,065 | €164,752 | ▼ 49.5% |
| Goods, raw materials, services and sundry goods60/61 | €320,212 | €157,946 | ▼ 50.7% |
| Gross operating margin9900 | €5,853 | €7,245 | ▲ 23.8% |
| Operating profit (loss)9901 | €5,853 | €7,245 | ▲ 23.8% |
| Financial income75/76B | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | €172 | €104 | ▼ 39.3% |
| Recurring financial charges65 | €172 | €104 | ▼ 39.3% |
| Profit (loss) for the period before taxes9903 | €5,682 | €7,140 | ▲ 25.7% |
| Income taxes67/77 | €1,920 | €1,760 | ▼ 8.3% |
| Profit (loss) for the period9904 | €3,762 | €5,380 | ▲ 43.0% |
| Profit (loss) for the period to be appropriated9905 | €3,762 | €5,380 | ▲ 43.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €11,782 | €33,238 | ▲ 182% |
| Current assets29/58 | €11,782 | €33,238 | ▲ 182% |
| Amounts receivable within one year40/41 | €1,772 | €25,690 | ▲ 14× |
| Trade receivables40 | €300 | €9,548 | ▲ 32× |
| Other amounts receivable41 | €1,472 | €16,142 | ▲ 996% |
| Cash at bank and in hand54/58 | €10,010 | €7,548 | ▼ 24.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €11,782 | €33,238 | ▲ 182% |
| Equity10/15 | €6,262 | €11,643 | ▲ 85.9% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €3,762 | €9,143 | ▲ 143% |
| Amounts payable17/49 | €5,519 | €21,596 | ▲ 291% |
| Amounts payable within one year42/48 | €5,519 | €12,476 | ▲ 126% |
| Trade debts44 | €3,267 | €10,716 | ▲ 228% |
| Suppliers440/4 | €3,267 | €10,716 | ▲ 228% |
| Taxes, remuneration and social security45 | €1,920 | €1,760 | ▼ 8.3% |
| Taxes450/3 | €1,920 | €1,760 | ▼ 8.3% |
| Other amounts payable47/48 | €332 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €9,120 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,762 | €5,380 | ▲ 43.0% |
| Operating cash flow (approximation) | €3,762 | €5,380 | ▲ 43.0% |
| Change in cash | - | -€2,462 | - |
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 |
|---|---|---|---|
| 30-09-2025 | micro format | 06-05-2026 | 2026-00106843 |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00085735 |
Similar companies · same sector, comparable size
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 |
|---|---|
| MOLDOVEANU Daniel |
|
Owners and capital
Capital and shareholders
- MOLDOVEANU Daniel 100 shares (100%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-04-2023 Incorporation · €2,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-04
Gazette deed
IncorporationAppointment: MOLDOVEANU Daniel (director) · Founder · Founding capital11 facts ▸
- Incorporation, “GDM Construct” (deed in Dutch)
- Founder, MOLDOVEANU Daniel
- Founding capital, €2,500
- Bank account, “BELFIUS, storting inbrengen in geld” (deed in Dutch)
- Other provision, “financieel plan, bedrag aanvangsvermogen” (deed in Dutch)
- Other provision, “notariële informatieplicht” (deed in Dutch)
- Other provision, “vaststelling statuten, II. Statuten” (deed in Dutch)
- Registered office clause, “1930 Zaventem,Stationstraat 26, oprichter” (deed in Dutch)
- Other provision, “benadering, oprichtingskosten” (deed in Dutch)
- Director appointment, MOLDOVEANU Daniel (director (not named in the articles))
- Pre-incorporation commitments, ratification, “alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0800.174.477
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 |
|---|---|---|---|---|
| 23772C0086/00K000 | Flanders | 2,687 m² | 1 · 877 m² | 18.8 m · 5 |
| 21526D0111/00W004 | Brussels | 348 m² | 1 · 513 m² | 17.5 m · 4 |
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.
- GDM Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Algemene kosten, los van representatie-, reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
- 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.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van het aantal aandelen dat zij bezitten, tot uitgifte volledig geplaatst of geen aandeelhouder maakt nog gebruik” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 March at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie indien geen andere vereffenaar benoemd, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…” (deed in Dutch)