GENERAL CONSTRUCT 2023

Active

Private limited companyfounded 20233 yrs activeBoulevard Dolez 48, 7000 Mons, BelgiumKBO/BCE: BE 0802.712.810

The computed 12-month bankruptcy probability of GENERAL CONSTRUCT 2023 is 2.8% (moderate). The 2025 annual accounts show equity of €29k and a net result of €-11k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 225 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

37 / 100

Weak▼ -41 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency53▲+1

Growth52▼-26

Stability94

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity tight (current ratio 1.38 against 1.39 in 2024), and 71.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

7 signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

28.5%

Return on assets

-10.8%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

25 d early

2024

21 d early

2023

40 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

04-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€29k▼ 27.5%

2024 · €40k

2023: €13k 2024: €40k

2023 → 2025

Total assets

€101k▼ 28.6%

2024 · €141k

2023: €59k 2024: €141k

2023 → 2025

Net result

€-11k

2024 · €27k

2023: €10k 2024: €27k

2023 → 2025

Working capital

€27k▼ 31.1%

2024 · €39k

2023: €12k 2024: €39k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€13k-€40k▲ 212%€29k▼ 27.5%

Operating result€14k-€34k▲ 137%€-8k

Net result€10k-€27k▲ 165%€-11k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €8k after €34k in 2024, the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €101k

98.4%

Fixed assets €2k▲ 479%

Current assets €99k▼ 29.6%

Equity and liabilities €101k

28.5%

71.5%

Equity €29k▼ 27.5%

Debt €72k▼ 29.0%

The debt ratio falls from 71.9% to 71.5%: debt falls faster than equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-8k

Cash flow

€-11k

Solvency

28.5%▲

2024 · 28.1%

Current ratio

1.38▼

2024 · 1.39

Quick ratio

1.38▼

2024 · 1.39

Debt / equity

2.50▼

2024 · 2.56

ROE

-37.8%▼

2024 · 68.0%

ROA

-10.8%▼

2024 · 19.1%

Interest coverage

-3.64

Debt

€72k▼

2024 · €101k

Debt ≤ 1 year

€72k▼

2024 · €101k

Income taxes

€171▼

2024 · €7k

Staff costs

€57k▼

2024 · €86k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Total assets 20/58€101k

Fixed assets 21/28€2k

Tangible fixed assets 22/27€1k

Financial fixed assets 28€282

Current assets 29/58€99k

Amounts receivable within one year 40/41€77k

Cash & bank 54/58€21k

Total equity & liabilities 10/49€101k

Equity 10/15€29k

Contributions / capital 10/11€3k

Reserves 13€26k

Amounts payable 17/49€72k

Amounts payable within one year 42/48€72k

Trade debts payable within one year 44€31k

Income statement Code2025

Gross operating margin 9900€49k

Operating result 9901€-8k

Financial income 75€55

Financial charges 65€2k

Result before taxes 9903€-11k

Income taxes 67/77€171

Net result for the period 9904€-11k

Result to be appropriated 9905€-11k

This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Timeline · acts, filings and financial milestones

All 6Financial 2Gazette 1Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-11k ▼140%

Net result drops to €-11k, the lowest in the series.

10-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

10-02

State Gazette act Registered-office change

2024

31-12

Financial Highest result since 2023net €27k ▲165%

Operating result €34k, net result €27k, both a record.

09-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 40 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 2 acts read

About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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