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GENERAL CONSTRUCTING

Active
Public limited company· 35 yrs active
Rue des Chasseurs(S-V) 52 ·7100 La Louvière, Belgium
KBO/BCE: BE 0443.217.744
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Age35 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The file of GENERAL CONSTRUCTING contains 1 historical bankruptcy publication and 2 administrative flags, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 4.2% (elevated). The 2022 annual accounts show equity of €70k and a net result of €-1k. Equity is shrinking by ~25.2% per year across the filed fiscal years.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.2% Elevated
0%0,5%1,5%4%10%≥25%
Recent warning signals +Annual accounts: weaker financial profile +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Insolvency timeline

3 events
28-02-2025
KBO administration UBO non-compliance
Date: 17-02-2025 · Publications in State Gazette ↗
15-09-2023
KBO administration Late accounts filing
08-10-2019
Bankruptcy Judicial dissolution
 · Tribunal de l’entreprise du Hainaut, division Mons · GENERAL CONS- TRUCTING SA - RUE FERNAND CLARAT(L.L) 36, 7100 LA LOUVIERE · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Trust signals

1 signal
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags

2 events
Late accounts filingUBO non-compliance

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1k+95.0%
Working capital€55k-2.2%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 25-10-2023 with the NBB · fiscal year 2022 · micro
€-200k€-150k€-100k€-50k€0Operating result 2018: €-25k€-25kNet result 2018: €-154k€-154kOperating result 2019: €-30k€-30kNet result 2019: €-46k€-46kOperating result 2020: €-23k€-23kNet result 2020: €-23k€-23kOperating result 2021: €10k€10kNet result 2021: €-26k€-26kOperating result 2022: €-932€-932Net result 2022: €-1k€-1k20182019202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~25.2%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k2023: €53k (€41k - €65k)2024: €39k (€20k - €59k)2025: €29k (€3k - €56k)2018: €218k2019: €172k2020: €149k2021: €72k2022: €70k20182019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€7k
-32.4% 18-22
Net profit
€-1k
+95.0% 18-22
Cash flow
€7k
- 18-22
Total assets
€77k
+0.4% 18-22
Equity
€70k
-1.8% 18-22
Working capital
€55k
-2.2% 18-22
Income taxes
€12k
- 18-22
Debt
€6k
+34.6% 18-22
Debt ≤ 1y
€6k
+34.6% 18-22
Current ratio
9.92
-25.3% 18-22
Quick ratio
9.92
-25.3% 18-22
Solvency
91.9%
-2.2% 18-22
Debt / equity
0.09
+37.0% 18-22
ROE
-1.8%
+94.9% 18-22
ROA
-1.7%
+95.0% 18-22
Interest coverage
20.94
+6571.7% 18-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€7k
Net profit€-1k
Cash flow€7k
Staff costs-
Income taxes-
Dividends-
Total assets€77k
Equity€70k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€55k
Employees (FTE)-
Ratios (computed)
2022
Current ratio9.92
Quick ratio9.92
Working capital ratio72.0%
Solvency91.9%
Debt / equity0.09
Long-term debt ratio-
Interest coverage20.94
Gross margin-
Net margin-
ROA-1.7%
ROE-1.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€77k
Fixed assets 21/28€15k
Tangible fixed assets 22/27€15k
Current assets 29/58€61k
Amounts receivable within one year 40/41€61k
Cash & bank 54/58€0
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€77k
Equity 10/15€70k
Contributions / capital 10/11€269k
Reserves 13€51k
Accumulated profits (losses) 14€-250k
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€9k
Operating result 9901€-932
Financial charges 65€353
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
78 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Rue Fernand Clarat(L.L) 36, 7100 La Louvière
Productie van legeringen van edele metalen
since 19912.051.753.106
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,704 m²
Buildings2
Building footprint756 m²
Volume (LiDAR)8,592 m³
Tallest building15.3 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55038B0517/00D000 Wallonia 2,489 m² 1 · 689 m² 15.3 m · 4 fl.
55022A0471/00A050 Wallonia 216 m² 1 · 67 m² 10.7 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

3 events from the State Gazette
28-02-2025
KBO administration UBO non-compliance
Date: 17-02-2025 · Publications in State Gazette ↗
15-09-2023
KBO administration Late accounts filing
08-10-2019
Bankruptcy Judicial dissolution
 · Tribunal de l’entreprise du Hainaut, division Mons · GENERAL CONS- TRUCTING SA - RUE FERNAND CLARAT(L.L) 36, 7100 LA LOUVIERE · Publications in State Gazette ↗

Time machine: BS events + macro context

2019-2026
COVID lockdownEnergiecrisisECB hikes201920202021202220232024202520262019-10-08 · Bankruptcy · Judicial dissolution2023-09-15 · KBO administration · Late accounts filing2025-02-28 · KBO administration · UBO non-compliance
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 1 year ago
2025
16-01-2025 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous

Analysis

Snowflake analysis

financial profile on 5 axes
Health78Profitability0Solvency100Growth58Stability69
61 / 100

Strong profile, led by solvency.

Health 78
Profitability 0
Solvency 100
Growth 58
Stability 69

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR GENERAL CONSTRUCTING
AbbreviationFR GENCO
Registered office
Rue des Chasseurs(S-V) 52 bus 204
7100 La Louvière, Belgium
Registration history
  1. 17-02-2025 UBO non-compliance
  2. 15-09-2023 Late accounts filing
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.