GERRITS CONSTRUCT
ActiveSummary
GERRITS CONSTRUCT has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,321 and a net result of €44,643. Equity has been growing by about 35% per year since 2018. Its solvency ranks better than 52% of 9,396 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
Source: KBO- Status
- Active since 24-05-1995 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Establishment unit
- 2.072.288.994 3870 Heers, since 10-07-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- €54,860
- ▼ 33.5%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €44,643
- ▼ 17.8%
- Equity
- €80,321
- ▲ 125%
- Total assets
- €178,062
- ▲ 27.9%
- 2025 accounts filed 13 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.81, cash €500Size: total assets €178,062lowers riskFounded in 1995Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 53% of them on solvency, 18% on liquidity, 79% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 86 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GERRITS CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €163,000 and €199,000, founded between 1993 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| GERRITS CONSTRUCT Heers | €178,062 | €54,860 |
| Nuyts & Zn Tessenderlo-Ham | €175,803 | €55,649 |
| P&I CONSTRUCTIONS Lummen | €163,245 | €63,858 |
| Vancraenenbroeck entrepreneurs Eghezée | €195,383 | €54,243 |
| ORGANISATION MANAGEMENT CONCEPT Sint-Joost-ten-Node | €188,313 | €48,889 |
| ALGEMENE DAKWERKEN MARC PEETERS Schilde | €198,993 | €55,668 |
| STONE - LUX Meerhout | €198,861 | €60,352 |
Key facts about GERRITS CONSTRUCT
- What is the company number of GERRITS CONSTRUCT?
- The company number of GERRITS CONSTRUCT is 0455.304.340. The VAT number is the same number with BE in front: BE 0455.304.340.
- Where is GERRITS CONSTRUCT based?
- The registered office is at Burgemeestersstraat(M.B.) 32A, 3870 Heers.Company details
- What does GERRITS CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GERRITS CONSTRUCT?
- The legal form of GERRITS CONSTRUCT is Private limited company (pre-2019) (BVBA).
- When was GERRITS CONSTRUCT founded?
- GERRITS CONSTRUCT was founded on 24-05-1995.
- Is GERRITS CONSTRUCT still active?
- Yes, GERRITS CONSTRUCT is an active enterprise in the KBO register.
- How many employees does GERRITS CONSTRUCT have?
- GERRITS CONSTRUCT had an average of 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of GERRITS CONSTRUCT?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €54,860 and 108 comparable companies (NACE 41001). It probably lies between €200,000 and €500,000.
- Is GERRITS CONSTRUCT profitable?
- In financial year 2025, GERRITS CONSTRUCT made a profit of €44,643.
- Where can I find the annual accounts of GERRITS CONSTRUCT?
- GERRITS CONSTRUCT filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GERRITS CONSTRUCT due?
- GERRITS CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.