GERARD CONSTRUCT

Active

Private limited companyfounded 20242 yrs activeRue Oborne 55, 4690 Bassenge, BelgiumKBO/BCE: BE 1010.604.693

The computed 12-month bankruptcy probability of GERARD CONSTRUCT is 3.4% (moderate). The 2024 annual accounts show equity of €10k and a net result of €6k. Its solvency ranks better than 14% of 36375 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

50 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability76

Solvency35

Growth-

Track record67

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.53; short-term debt: 62.9% and cash: 22.7% of total assets), and 90.2% 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

Seven 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 43

Relative position

BE, all sectors

reference

Sector 43

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 2024

Solvency, return and age of the figures

Solvency

9.8%

Return on assets

5.7%

Age of the figures

21 mo

Higher-failure-rate region

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

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36375 sector peers (2024).

NBB · sector comparison

Position among 36375 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-04-2025, 100 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

100 d early

← before the deadline after the 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 2024, micro schema

Equity

€10k

Total assets

€104k

Net result

€6k

Working capital

€-31k

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

Balance-sheet composition

Assets €104k

66.6%

33.4%

Fixed assets €70k

Current assets €35k

Equity and liabilities €104k

10%

90.2%

Equity €10k

Debt €94k

Debt finances 90.2% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€11k

Cash flow

€10k

Solvency

9.8%

Current ratio

0.53

Quick ratio

0.53

Debt / equity

9.25

ROE

58.8%

ROA

5.7%

Interest coverage

58.12

Debt

€94k

Debt ≤ 1 year

€66k

Debt > 1 year

€27k

Income taxes

€2k

Staff costs

€50k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€104k

Fixed assets21/28€70k

Intangible fixed assets21€2k

Tangible fixed assets22/27€67k

Plant, machinery and equipment23€6k

Furniture and vehicles24€25k

Leasing and similar rights25€36k

Current assets29/58€35k

Amounts receivable within one year40/41€6k

Trade receivables40€2k

Other amounts receivable41€4k

Cash at bank and in hand54/58€24k

Deferred charges and accrued income490/1€5k

Equity and liabilities

Total equity and liabilities10/49€104k

Equity10/15€10k

Contributions10/11€5k

Reserves13€5k

Distributable reserves133€5k

Amounts payable17/49€94k

Amounts payable after more than one year17€27k

Financial debts170/4€27k

Amounts payable within one year42/48€66k

Current portion of amounts payable after more than one year42€6k

Trade debts44€2k

Suppliers440/4€2k

Taxes, remuneration and social security45€13k

Taxes450/3€2k

Remuneration and social security454/9€11k

Other amounts payable47/48€45k

Accrued charges and deferred income492/3€2k

Income statement Code2024

Remuneration, social security and pensions62€50k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k

Other operating charges640/8€140

Gross operating margin9900€61k

Operating profit (loss)9901€7k

Financial income75/76B€340

Recurring financial income75€340

Financial charges65/66B€192

Recurring financial charges65€192

Profit (loss) for the period before taxes9903€7k

Income taxes67/77€2k

Profit (loss) for the period9904€6k

Profit (loss) for the period to be appropriated9905€6k

Appropriation of the result

Profit (loss) to be appropriated9906€6k

Transfer to equity691/2€5k

To other reserves6921€5k

Profit to be distributed694/7€800

Return on contributions (dividend)694€800

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

22-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Bassenge · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Oborne 554690 Bassenge

Ground area

580 m²

Building footprint

54 m²

Volume, LiDAR

390 m³

Parcel 62044C0096/00C002, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Gérard Construct

Rue Oborne 55, 4690 BassengeGeneral construction of buildings

since 20242.361.024.540

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62044C0096/00C002	Wallonia	580 m²	1 · 54 m²	8.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

3 categories

GERARD CONSTRUCT SRL44177

category C1, class 1 · category D1, class 1 · category G1, class 1

decision 24-09-2024

Similar companies · same sector, comparable size

Sivry-Rance · Eq €10k

Of 11,139 companies in sector 43910 we hold annual accounts for 5,486. 3,007 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-06-2024

Fiscal year end31-12

Activities, NACEBEL

43910Bricklaying and masonry work

43990Other specialised construction activities

43994Specialised construction activities

43999Specialised construction activities

41001General construction of residential buildings

43110Demolition

43230Insulation installation

43291Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.