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GFP CONSTRUCTION

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0743.688.706

A bankruptcy procedure is open for GFP CONSTRUCTION according to publications in the Belgian State Gazette; curator: DAVID DEMOL.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €24,238 and a net result of €3,327.

GFP CONSTRUCTIONOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Mons division
Declared bankrupt
14 October 2024
Supervising judge
Philippe Delhaye
Official Gazette
20-11-2024 (pdf) ↗search the document for 2024/144567

Deadlines

Provisional date payments stopped
14 October 2024A later judgment can change the date.art. XX.105 CEL
File the claim in RegSol until
passed on 13 November 2024art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 5 December 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 13 December 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 14 October 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • David DemolGrand Place 11, 7090 Braine-Le- Comte- . Date provisoire de cessation de paiement : 14/10/2024d.demol@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-09-2022, 36 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
36 d late
2020
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

GFP CONSTRUCTION was incorporated on 14 February 2020 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2021.2 On 14 October 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 20-11-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€446,664
EBIT margin
1.6%
Net result
€3,327▼ 84.1%
2020 · €20,911
Working capital
€24,238▲ 15.9%
2020 · €20,911
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021
Turnover€446,664
Operating result€29,924-€7,015▼ 76.6%
Net result€20,911within the sector's middle half-€3,327within the sector's middle half▼ 84.1%
EBIT margin1.6%
Equity€20,911within the sector's middle half-€24,238within the sector's middle half▲ 15.9%
Total assets€24,882below the sector's middle half-€67,424below the sector's middle half▲ 171%
Debt€3,971-€43,186▲ 988%
Working capital€20,911within the sector's middle half-€24,238within the sector's middle half▲ 15.9%
Solvency84.0%above the sector's middle half-35.9%within the sector's middle half▼ 48.1pp
Current ratio6.27above the sector's middle half-1.56within the sector's middle half▼ 4.70
Return on assets (ROA)84.0%above the sector's middle half-4.9%within the sector's middle half▼ 79.1pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2020: €29,924€29,924Net result 2020: €20,911€20,911Operating result 2021: €7,015€7,015Net result 2021: €3,327€3,32720202021€0€10,000€20,000€30,000Operating result 2020: €29,924€29,900Net result 2020: €20,911€20,900Operating result 2021: €7,015€7,010Net result 2021: €3,327€3,33020202021
The operating result falls in 2021; 2021 is 77% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €67,424
Equity €24,238 ▲ 15.9%
Debt €43,186 ▲ 988%
Debt's share of the balance-sheet total rises from 16.0% to 64.1%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
Debt to equity
1.78
ROE
13.7%▼
2020 · 100.0%
Debt ≤ 1 year
€43,186▲
2020 · €3,971
Income taxes
€3,131▼
2020 · €6,970
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 30 lines
Balance sheet Code20202021
Assets
Total assets20/58€24,882€67,424▲
Current assets29/58€24,882€67,424▲
Amounts receivable within one year40/41€6,848€50,500▲
Trade receivables40-€45,354
Other amounts receivable41-€5,146
Cash at bank and in hand54/58€18,034€16,924▼
Equity and liabilities
Total equity and liabilities10/49€24,882€67,424▲
Equity10/15€20,911€24,238▲
Profit (loss) carried forward14€20,911€24,238▲
Amounts payable17/49€3,971€43,186▲
Amounts payable within one year42/48€3,971€43,186▲
Trade debts44-€37,253
Suppliers440/4-€37,253
Taxes, remuneration and social security45-€5,933
Taxes450/3-€5,933
Income statement Code20202021
Turnover70-€446,664
Goods, raw materials, services and sundry goods60/61-€439,650
Gross operating margin9900€31,769€7,015▼
Operating profit (loss)9901€29,924€7,015▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B-€559
Recurring financial charges65€2,043€89▼
Non-recurring financial charges66B-€470
Profit (loss) for the period before taxes9903€27,881€6,458▼
Income taxes67/77€6,970€3,131▼
Profit (loss) for the period9904€20,911€3,327▼
Profit (loss) for the period to be appropriated9905€20,911€3,327▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24,238
Profit (loss) brought forward from the previous period14P-€20,911
Line20202021Change
Turnover70-€446,664-
Goods, raw materials, services and sundry goods60/61-€439,650-
Gross operating margin9900€31,769€7,015▼ 77.9%
Operating profit (loss)9901€29,924€7,015▼ 76.6%
Financial income75/76B-€2-
Recurring financial income75-€2-
Financial charges65/66B-€559-
Recurring financial charges65€2,043€89▼ 95.7%
Non-recurring financial charges66B-€470-
Profit (loss) for the period before taxes9903€27,881€6,458▼ 76.8%
Income taxes67/77€6,970€3,131▼ 55.1%
Profit (loss) for the period9904€20,911€3,327▼ 84.1%
Profit (loss) for the period to be appropriated9905€20,911€3,327▼ 84.1%
Line20202021Change
Assets
Total assets20/58€24,882€67,424▲ 171%
Current assets29/58€24,882€67,424▲ 171%
Amounts receivable within one year40/41€6,848€50,500▲ 637%
Trade receivables40-€45,354-
Other amounts receivable41-€5,146-
Cash at bank and in hand54/58€18,034€16,924▼ 6.2%
Equity and liabilities
Total equity and liabilities10/49€24,882€67,424▲ 171%
Equity10/15€20,911€24,238▲ 15.9%
Profit (loss) carried forward14€20,911€24,238▲ 15.9%
Amounts payable17/49€3,971€43,186▲ 988%
Amounts payable within one year42/48€3,971€43,186▲ 988%
Trade debts44-€37,253-
Suppliers440/4-€37,253-
Taxes, remuneration and social security45-€5,933-
Taxes450/3-€5,933-
Line20202021Change
Profit (loss) for the period9904€20,911€3,327▼ 84.1%
Operating cash flow (approximation)€20,911€3,327▼ 84.1%
Change in cash--€1,110-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
07-05
KBO administration Address struck
2024
20-11
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 14-10-2024
2022
05-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, La Louvière · 1 establishment unit since 2020
seat establishment approximate The establishment unit on the map
Ground area
3,484 m²
Building footprint
913 m²
Volume, LiDAR
4,217 m³
2 parcels, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GFP Construction
Cour de la Sucrerie(PER) 7, 7134 BincheManufacture of other non-metallic mineral products
since 20202.300.089.338
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55032C0345/00D004 Wallonia 2,403 m² 1 · 769 m² 7.5 m · 2 fl.
55019A0066/00T000 Wallonia 1,081 m² 1 · 144 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DAVID DEMOL
GRAND PLACE 11, 7090 BRAINE-LE- COMTE- . Date provisoire de cessation de paiement : 14/10/2024
14-10-2024 → present

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,453 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.