GF BUILDING
ActiveThe computed 12-month bankruptcy probability of GF BUILDING is 3.9% (moderate). The annual accounts of GF BUILDING for fiscal year 2024 show a net loss of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €2k and a net result of €-2k. Its solvency ranks better than 22% of 9981 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency39▼-61
Growth32
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.15; short-term debt: 85.7% and cash: 5.7% of total assets), and 85.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
14.3%
Return on assets
-17.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€2k▼ 54.6%
2023 · €3k
2023: €3k
2023 → 2024
Total assets
€11k▲ 198%
2023 · €4k
2023: €4k
2023 → 2024
Net result
€-2k
2023 · €903
2023: €903
2023 → 2024
Working capital
€1k▼ 56.3%
2023 · €3k
2023: €3k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€3k-€2k▼ 54.6%
Operating result€1k-€-2k
Net result€903-€-2k
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 2024: a loss of €2k after €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11k
Fixed assets
€181▼ 36.4%
Current assets
€11k▲ 218%
Equity and liabilities €11k
Equity
€2k▼ 54.6%
Debt
€9k▲ 4,119%
The debt ratio rises from 6.1% to 85.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2023 · €1k
Cash flow
€-2k▼
2023 · €929
Solvency
14.3%
Current ratio
1.15
Quick ratio
1.01
Debt / equity
6.00
ROE
-120.4%
ROA
-17.2%
Interest coverage
-7.86▼
2023 · 11.35
Debt
€9k▲
2023 · €220
Debt ≤ 1 year
€9k▲
2023 · €220
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4k€11k▲
Fixed assets21/28€284€181▼
Tangible fixed assets22/27€284€181▼
Plant, machinery and equipment23€284€181▼
Current assets29/58€3k€11k▲
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€3k€9k▲
Trade receivables40€2k€9k▲
Other amounts receivable41€855€256▼
Cash at bank and in hand54/58€432€613▲
Equity and liabilities
Total equity and liabilities10/49€4k€11k▲
Equity10/15€3k€2k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€903€-956▼
Amounts payable17/49€220€9k▲
Amounts payable within one year42/48€220€9k▲
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€220€6k▲
Taxes450/3€220€220=
Remuneration and social security454/9-€6k
Other amounts payable47/48-€339
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26€103▲
Gross operating margin9900€1k€-2k▼
Operating profit (loss)9901€1k€-2k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€111€198▲
Recurring financial charges65€111€198▲
Profit (loss) for the period before taxes9903€1k€-2k▼
Income taxes67/77€220-
Profit (loss) for the period9904€903€-2k▼
Profit (loss) for the period to be appropriated9905€903€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€903€-956▼
Profit (loss) brought forward from the previous period14P-€903
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Opwijk · 1 establishment unit since 2023
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.
Hollestraat 21745 OpwijkGround area
320 m²
Building footprint
74 m²
Volume, LiDAR
466 m³
Parcel 23060C0301/00P000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GF BUILDING
since 20232.342.560.490
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060C0301/00P000 | Flanders | 320 m² | 1 · 73 m² | 9.5 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.
Similar companies · same sector, comparable size
HELSEN SERVICES
BE 0804.236.304
Gent · Eq €2k
LUNA-IMMO
BE 0460.812.059
Liège · Eq €2k
Quality for building
BE 0786.334.161
Pelt · Eq €2k
4S CONSTRUCTION
BE 0745.776.976
Tienen · Eq €2k
RBA CONCEPT
BE 0797.427.397
Beersel · Eq €2k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 2,717 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43320Joinery installation
43343Specialised construction activities
43992Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.