GFTRAVAUX
ActiveThe computed 12-month bankruptcy probability of GFTRAVAUX is 1.9% (moderate). For GFTRAVAUX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-864) and a net result of €130. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1330 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability64▲+27
Solvency25▲+1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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 · 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 2023Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
0.1%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2021
59 d late
2020
91 d late
2019
89 d late
2018
57 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€130
2021 · €-3k
2018: €-2k
2019: €1k
2020: €-4k
2021: €-3k
2018 → 2023
Working capital
€-127k▲ 45.9%
2021 · €-235k
2018: €-102k
2019: €-231k
2020: €-282k
2021: €-235k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212023Trend
Equity€3k-€4k▲ 43.8%€563▼ 86.8%€-2k€-864▲ 56.7%
Operating result€-2k-€1k€-4k€-2k▲ 35.4%€4k
Net result€-2k-€1k€-4k€-3k▲ 30.9%€130
Result per fiscal year
Operating resultNet result
The operating result is €4k in 2023, compared with €-2k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €184k
Fixed assets
€143k▼ 38.8%
Current assets
€41k▲ 851%
Key figures and ratios
EBITDA
€22k▲
2021 · €426
Cash flow
€18k▲
2021 · €247
Solvency
-0.5%▲
2021 · -0.8%
Current ratio
0.24▲
2021 · 0.02
Quick ratio
0.24▲
2021 · 0.02
ROA
0.1%▲
2021 · -1.1%
Interest coverage
5.45▲
2021 · 2.38
Debt
€184k▼
2021 · €239k
Debt ≤ 1 year
€168k▼
2021 · €239k
Debt > 1 year
€16k
Staff costs
€28k
Equity ratios withheld: equity of €-864 is too small for a meaningful ratio.
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 · 2023 against 2021
Balance sheet
Code20212023
Assets
Total assets20/58€237k€184k▼
Fixed assets21/28€233k€143k▼
Tangible fixed assets22/27€172k€81k▼
Land and buildings22€172k€0▼
Plant, machinery and equipment23-€58k
Furniture and vehicles24-€23k
Financial fixed assets28€61k€61k=
Current assets29/58€4k€41k▲
Amounts receivable within one year40/41-€39k
Trade receivables40-€39k
Cash at bank and in hand54/58€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€237k€184k▼
Equity10/15€-2k€-864▲
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€6k
Profit (loss) carried forward14€-8k€-7k▲
Amounts payable17/49€239k€184k▼
Amounts payable after more than one year17-€16k
Financial debts170/4-€16k
Amounts payable within one year42/48€239k€168k▼
Trade debts44€68k€63k▼
Suppliers440/4€68k€63k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€3k€25k▲
Taxes450/3€3k€19k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€166k€80k▼
Income statement
Code20212023
Non-recurring operating income76A-€14k
Remuneration, social security and pensions62-€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€18k▲
Other operating charges640/8€757€833▲
Gross operating margin9900€1k€51k▲
Operating profit (loss)9901€-2k€4k▲
Financial charges65/66B€179€4k▲
Recurring financial charges65€179€4k▲
Profit (loss) for the period before taxes9903€-3k€130▲
Profit (loss) for the period9904€-3k€130▲
Profit (loss) for the period to be appropriated9905€-3k€130▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-7k▲
Profit (loss) brought forward from the previous period14P€-6k€-7k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Back to profitnet €130
Net result €130 after 2 loss-making years.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼385%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bertrix · 1 establishment unit since 2016
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 de la Jonction 16880 BertrixGround area
1,117 m²
Building footprint
494 m²
Volume, LiDAR
4,887 m³
2 parcels, Wallonia · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GFTRAVAU
since 20162.258.826.033
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84009A0346/00C002 | Wallonia | 794 m² | 1 · 268 m² | 15.1 m · 4 fl. |
| 91377C2039/00G000 | Wallonia | 323 m² | 1 · 226 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 1,124 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43211General electrical installation work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:florent.godart@skynet.be
Phone:0476/54.82.93