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GEGA CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsMutsaardplein 2, 1853 Grimbergen, Belgium144 active companies are registered at this addressKBO/BCE: BE 1010.274.794
Summary

The computed 12-month bankruptcy probability of GEGA CONSTRUCT is 3.3% (moderate). The 2025 annual accounts show equity of €18,325 and a net result of €18,325. Its solvency ranks better than 69% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425776.

Equity
€18,325
Total assets
€30,137
Net result
€18,325
Working capital
€17,506

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €30,137
Fixed assets €820
Current assets €29,317
Equity and liabilities €30,137
Equity €18,325
Debt €11,812
Debt finances 39.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€23,585
Cash flow
€18,707
Current ratio
2.48
Debt to equity
0.64
ROE
100.0%
ROA
60.8%
Interest coverage
over 100
Debt ≤ 1 year
€11,812
Income taxes
€4,853

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€30,137
Fixed assets21/28€820
Tangible fixed assets22/27€820
Furniture and vehicles24€820
Current assets29/58€29,317
Amounts receivable within one year40/41€28,588
Trade receivables40€1,329
Other amounts receivable41€27,260
Cash at bank and in hand54/58€729
Equity and liabilities
Total equity and liabilities10/49€30,137
Equity10/15€18,325
Reserves13€18,325
Distributable reserves133€18,325
Amounts payable17/49€11,812
Amounts payable within one year42/48€11,812
Advances received on contracts in progress46€5,501
Taxes, remuneration and social security45€6,310
Taxes450/3€4,910
Remuneration and social security454/9€1,400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€382
Gross operating margin9900€23,585
Operating profit (loss)9901€23,204
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903€23,178
Income taxes67/77€4,853
Profit (loss) for the period9904€18,325
Profit (loss) for the period to be appropriated9905€18,325
Appropriation of the result
Profit (loss) to be appropriated9906€18,325
Transfer to equity691/2€18,325
To other reserves6921€18,325

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€382
Gross operating margin9900€23,585
Operating profit (loss)9901€23,204
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€29
Recurring financial charges65€29
Profit (loss) for the period before taxes9903€23,178
Income taxes67/77€4,853
Profit (loss) for the period9904€18,325
Profit (loss) for the period to be appropriated9905€18,325
Line2025
Assets
Total assets20/58€30,137
Fixed assets21/28€820
Tangible fixed assets22/27€820
Furniture and vehicles24€820
Current assets29/58€29,317
Amounts receivable within one year40/41€28,588
Trade receivables40€1,329
Other amounts receivable41€27,260
Cash at bank and in hand54/58€729
Equity and liabilities
Total equity and liabilities10/49€30,137
Equity10/15€18,325
Reserves13€18,325
Distributable reserves133€18,325
Amounts payable17/49€11,812
Amounts payable within one year42/48€11,812
Advances received on contracts in progress46€5,501
Taxes, remuneration and social security45€6,310
Taxes450/3€4,910
Remuneration and social security454/9€1,400
Line2025
Profit (loss) for the period9904€18,325
+ Depreciation and write-downs630€382
Operating cash flow (approximation)€18,707

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-08-2026 2026-00425776

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 11,448 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.