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GEVAS CONSTRUCT

Active Private limited companyfounded 2015active for 10 yearsKwaenijkstraat 10, 3191 BoortmeerbeekKBO/BCE: BE 0644.805.817

Lifetime

10 annual accounts with figures on one time axis
peak €1.6m (2022)
€114,554▼ 60.5%
peak €172,438 (2024)
€3,279▼ 98.1%
peak €300,850 (2025)
€300,850▲ 1.1%
€295,721▼ 63.4%
peak 0.6 FTE (2023)
0.6 FTEunchanged
Board1 name since 2019
- 
Documentsfilings and deeds
31-10-202692 days late
2025abbreviated format
Gross margin from €290,267 to €114,554Result from €172,438 to €3,279Debts from €807,446 to €295,721Cash from €152,217 to €49,015

Key points

from the 2025 annual accounts

Equity

€300,850 ▲ 1.1%

GEVAS CONSTRUCT has made a profit in every financial year since 2016.

Result

€3,279 ▼ 98.1%
€172,0002024€3,2802025

The result fell in 2025: different schema filed.

Turnover

≈ €530,000 estimated

The accounts state no turnover.

Investments

€64,270 1.5 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 195.6% higher than in 2024.

Liquidity

2.02 was 1.41 in 2024

Short-term debts fell from €718,002 to €242,811.

Filings

10 annual accounts 11 filings, 92 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Checked score

55
Fair
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%▼ -0.1 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025 09-2025: 1.9%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 0.9%▼ -2.0 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%▲ +0.4 percentage points vs 08-2026 10-2026: 2.9%▲ +1.0 percentage point vs 09-2026 11-2026: 1.0%▼ -1.9 percentage points vs 10-2026

Financial strength
Average

75+23equity 50.4% of total assets
41+8short-term debt 40.7% · cash 8.2%
56-23return on assets 0.5%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Last filed accounts filed 92 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Equity €300,850 (50.4% of total assets)
Founded in 2015
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 43, micro). It does better than 55% of them on solvency, 30% on liquidity, 27% on profitability and 38% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as GEVAS CONSTRUCT has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

The bankruptcy probability of GEVAS CONSTRUCT itself is higher: 1.0% within 12 months. It rests on far more data about GEVAS CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for GEVAS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €16,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline

Liquidity is ample, with a current ratio of 2.02 (1.41 in 2024), above the usual 1.5. Short-term debt is 40.7% and cash 8.2% of total assets. 49.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 92 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €300,850 (50.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 9 filings
Deviation from the deadline
2025
92 days late
2024
69 days late
2023
56 days late
2022
62 days late
2021
91 days late
2020
166 days late
2019
152 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 98 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
CV
Manager, until 2019
  • BUJOR Vasilica 183 sharesdeed of 16-10-2019
  • BUJOR Georgeta 1 sharedeed of 16-10-2019
  • BALCAN COSTEL RAZVAN 2 sharesdeed of 16-10-2019
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0644805817
Amendment of the articles · Legal-form change · Resignations & appointments Board composition: BUJOR Vasilica (director) · Gazette deed
Registered office moved from Brussels to Hever New registered office: KWAENIJKSTRAAT 10, 3191 HEVER · Previous registered office: RUE DE PERVYSE 4, 1040 BRUXELLES · General meeting of 01-07-2020 · Gazette deed
Resignation: CHIRILA Vasile (manager) Director discharge: CHIRILA Vasile · BUJOR Vasilica holds 183 shares · BUJOR Georgeta holds 1 share · General meeting of 01-10-2019 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
GEVAS CONSTRUCT Boortmeerbeek €596,571 €114,554 50.4% 0.6
SOLID GROUP Schilde €579,535 €131,022 39.8% 0.4
KEULEN RAF BETONWERKEN Lanaken €657,307 €112,550 14.0% 1
EURO EXPO HOME Anderlecht €593,051 €126,488 63.6% 1
Styxx Projects Izegem €612,984 €89,941 11.4% 0.8
AMP Batirenov Braine-l'Alleud €900,182 €163,063 35.0% 0.5
MASSAERT Sint-Pieters-Leeuw €716,939 €102,644 59.4% 0

These companies have the same main activity as GEVAS CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €580,000 and €900,000, founded between 2015 and 2018.

Official details

Source: KBO
Status
Active since 23-12-2015Normal situation
Activity
Other specialised construction activitiesNACE 43990and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.255.174.081since 23-12-2015
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

€596,571▼ 46.0%
Employeeson 31-12-2025
1=
Filing
Filed on 31-10-2026
Financials

Insights on GEVAS CONSTRUCT

GEVAS CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €23,448 in 2016 to €114,554 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GEVAS CONSTRUCT

What is the company number of GEVAS CONSTRUCT?
The company number of GEVAS CONSTRUCT is 0644.805.817. The VAT number is the same number with BE in front: BE 0644.805.817.
Where is GEVAS CONSTRUCT based?
The registered office is at Kwaenijkstraat 10, 3191 Boortmeerbeek.Company details
What does GEVAS CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of GEVAS CONSTRUCT?
GEVAS CONSTRUCT is a private limited company (BV).
When was GEVAS CONSTRUCT founded?
GEVAS CONSTRUCT was founded on 23-12-2015.
Is GEVAS CONSTRUCT still active?
Yes, GEVAS CONSTRUCT is an active enterprise in the KBO register.
How many employees does GEVAS CONSTRUCT have?
GEVAS CONSTRUCT had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GEVAS CONSTRUCT fall under?
In its 2025 annual accounts, GEVAS CONSTRUCT states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of GEVAS CONSTRUCT?
The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €114,554 and 69 comparable companies (NACE 43990). It probably lies between €330,000 and €860,000. In financial year 2024 turnover was €2.7m.
Is GEVAS CONSTRUCT profitable?
In financial year 2025, GEVAS CONSTRUCT made a profit of €3,279.
Where can I find the annual accounts of GEVAS CONSTRUCT?
GEVAS CONSTRUCT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEVAS CONSTRUCT due?
GEVAS CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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