GDM Construct
ActiveSummary
GDM Construct has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,027 and a net result of €4,027. Its solvency ranks better than 51% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- €6,027
- Profit
- €4,027
Why 67raises riskFounded in 2025Size: total assets €12,724Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.90, cash €2,000Show the evidence
Checked score
About 1 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 43, micro): better than 51% on solvency, 33% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 30-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: DE MESMAEKER Glenn (director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433379.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 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: 1.1% 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 11,279 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 | 2025 |
|---|---|
| Other operating charges640/8 | €881 |
| Gross operating margin9900 | €5,999 |
| Operating profit (loss)9901 | €5,118 |
| Financial income75/76B | €61 |
| Recurring financial income75 | €61 |
| Financial charges65/66B | €72 |
| Recurring financial charges65 | €72 |
| Profit (loss) for the period before taxes9903 | €5,107 |
| Income taxes67/77 | €1,079 |
| Profit (loss) for the period9904 | €4,027 |
| Profit (loss) for the period to be appropriated9905 | €4,027 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €12,724 | |
| Current assets29/58 | €12,724 | |
| Amounts receivable within one year40/41 | €7,024 | |
| Other amounts receivable41 | €7,024 | |
| Cash at bank and in hand54/58 | €2,000 | |
| Deferred charges and accrued income490/1 | €3,700 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €12,724 | |
| Equity10/15 | €6,027 | |
| Contributions10/11 | €2,000 | |
| Reserves13 | €4,027 | |
| Distributable reserves133 | €4,027 | |
| Amounts payable17/49 | €6,697 | |
| Amounts payable within one year42/48 | €6,697 | |
| Financial debts43 | €2,921 | |
| Credit institutions430/8 | €2,921 | |
| Trade debts44 | €204 | |
| Suppliers440/4 | €204 | |
| Taxes, remuneration and social security45 | €3,572 | |
| Taxes450/3 | €3,135 | |
| Remuneration and social security454/9 | €437 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €4,027 |
| Operating cash flow (approximation) | €4,027 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00433379 |
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 |
|---|---|
| DE MESMAEKER Glenn |
|
Owners and capital
Capital and shareholders
- DE MESMAEKER Glenn aandeelhouder · 20 shares (100%) · €2,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-06-2025 Incorporation · €2,000 · 20 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
30-06
Gazette deed
IncorporationAppointment: DE MESMAEKER Glenn (director) · Shareholding · Founding capital11 facts ▸
- Incorporation, 24-06-2025
- Shareholding, “aandeelhouder” (deed in Dutch)
- Founding capital, €2,000
- Capital, €2,000
- Registered office clause, “3460 Bekkevoort, Beckers-Gemoetslaan 3” (deed in Dutch)
- Board meeting, “het aantal bestuurders te bepalen op één, De vergadering” (deed in Dutch)
- Director appointment, DE MESMAEKER Glenn (director (not named in the articles))
- Pre-incorporation commitments, “takeover, Alle verbintenissen en alle verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen sinds 24-03-2025 door de comparant in naam en vo…” (deed in Dutch)
- Power of attorney (2 times)
- Other provision, formation costs, 1354.05
- Other provision, “Hij erkent dat ondergetekende notaris zijn aandacht heeft gevestigd op het feit dat de vennootschap, in uitvoering van haar voorwerp, kan verplicht zijn de nodi…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 1024.769.465
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24002I0375/00C000 | Flanders | 304 m² | 1 · 84 m² | 0.1 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Projectmanagement in de meest ruime zin; Algemene bouw- en renovatiewerkzaamheden in de meest ruime zin; Metselwerken; Algemene…” (deed in Dutch)
36 activities (deed in Dutch)
- Projectmanagement in de meest ruime zin
- Algemene bouw- en renovatiewerkzaamheden in de meest ruime zin
- Metselwerken
- Algemene elektriciteitswerken
- Loodgieterij en sanitair in de meest ruime zin
- Allerhande renovatiewerken in de meest ruime zin
- Plaatsen, herstellen en onderhoud van daken van allerhande materialen in de meest ruime zin
- Projectontwikkeling en algemene bouwwerkzaamheden in de meest ruime zin
- Projectontwikkeling voor de bouw van appartementsgebouwen, woningen, kantoorgebouwen en infrastructuurwerken
- Coördinatie en toezicht van bouwwerkzaamheden op bouwwerven
- Bouwen, slopen en renovatie van allerhande gebouwen en bijgebouwen zoals zwembaden, carports e.a.
- Ruwbouw
- Schrijnwerk in de meest ruime zin
- Plaatsen van deuren en ramen in hout, pvc, aluminium e.a.
- Aanleggen en onderhoud van tuinen en parken
- Chapewerken
- Isolatiewerken
- Voegwerken
- Plaatsen van tegels, parket en vinyl en andere vloerbedekkingen
- Plaatsen van plafonds in gyproc e.a.
- Plaatsen van keukens
- Aanleggen van terrassen en opritten
- Consultancy in de meeste ruime zin
- Coaching en begeleiding in de meest ruime zin
- Het bestuderen van diverse problemen in verband met het opvatten en uitwerken van projecten van allerlei aard, zowel problemen van administratieve, organisatorische, financiële, juridische of technische aard en alle aanverwante vraagstukken
- Overige zakelijke dienstverlening
- Activiteiten van managementvennootschap en holdings
- Rioleringswerken, het draineren en het afvoeren van water
- Funderingswerken: grondwerken, slopingswerken
- Plafonneer, cementeer, schilder en andere pleisterwerken, het behangen, plaatsen van wand- en muurbekledingen en het leggen van chapes
- Warmte en geluidsisolering, isolatiewerken tegen vochtigheid, het waterdicht maken en bedekken van gebouwen
- Installatie van centrale verwarming, verwarming met gas met individuele toestellen
- Het vervaardigen en het plaatsen van alle voorwerpen of producten in hout of daarvan afgeleide materialen, het vervaardigen en plaatsen van producten of voorwerpen in synthetisch materialen, zoals ramen en lijsten, alle schrijnwerkactiviteiten en activiteiten van burgerlijke bouwkunde
- Kleinhandel, groothandel, handelsbemiddeling, import en export van allerhande goederen m.b.t. bovenstaande activiteiten
- Het beheer in de ruimste zin van het woord, van onroerende goederen, daaronder begrepen de huur, de verhuur en de onderverhuur, de herstelling, de verbetering en de verbouwing, alsmede te gelegener tijd de aankoop, de oprichting en elke andere toevallige verwerving van onroerende goederen om ze ter uitoefening van en ter uitbreiding van genoemde beheersactiviteit verder blijvend te gebruiken
- Vanzelfsprekend mag de vennootschap ook onroerende goederen vervreemden indien zulke vervreemding past in het normale beheer van haar vermogen
- 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.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor