Result
-€169,734 -€169,734
From profit to loss in 2025, after a profit of €74,212 in 2024.
GG +
Lifetime
16 annual accounts with figures on one time axispeak €501,066 (2013)
€15,780▼ 86.2%
lowest -€169,734 (2025)
-€169,734▼ €243,946
peak €1.6m (2024)
€1.4m▼ 10.6%
€5.6m▲ 446%
Board1 name since 2019
1 directorDE VROE GLENN
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €114,589 to €15,780Loss of €169,734Debts from €1.0m to €5.6mInvestments €4.4mCash from €7,855 to €66,735
Key points
from the 2025 annual accountsDebts
€5.6m ▲ 446%
Debts rose by €4.6m in 2025.
Investments
€4.4m 177.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 724.1% higher than in 2024.
Liquidity
0.32 was 1.13 in 2024
Short-term debts rose from €587,974 to €2.2m.
Filings
16 annual accounts since 2010
The last five annual accounts were filed 1 to 4 days before the end of the period.
Position in the sector
-€169,734
Lower net result than 95% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
90
Excellent
Financially stronger than 25% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.5%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%▲ +0.3 percentage points vs 01-2025highest value
03-2025: 0.1%▼ -0.7 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.1%▼ -0.2 percentage points vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.32, cash €66,735
lowers risk
Size: total assets €7.1m
Figures for financial year 2025 (filed on 31-01-2026)
Sector: Real estate activities (NACE 68)
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 68, small). It does better than 40% of them on solvency, 31% on liquidity, 8% on profitability and 22% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 120 companies had the same profile as GG + has now. Each dot is one company, two years later.
95.0%
were still trading
5.0%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of GG + itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 120 companies, not a prediction for GG +. 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 €120,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.32 (1.13 in 2024), below 1. Short-term debt is 31.8% and cash 0.9% of total assets. 79.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
2 days early
2023
2 days early
2022
1 day early
2021
4 days early
2020
5 days early
2019
4 days early
← 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 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810447371
Registered office moved within Kampenhout
New registered office: Haachtsesteenweg 391 bus 10, 1910 Kampenhout · Previous registered office: KAMPENHOUTSEBAAN 54, 1910 KAMPENHOUT · Board meeting of 02-05-2019 · Gazette deed
Capital decrease to €18,600
Capital from €468,000 to €18,600 · General meeting of 25-06-2018 · Gazette deed
Incorporation
published on 24-03-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GG + Kampenhout | €7.1m | €15,780 | 20.3% | - |
| Satriales Sint-Martens-Latem | €8.5m | €14,302 | 37.2% | - |
| SKYLINE SERVICES Auderghem | €6.3m | €14,801 | 60.8% | 1 |
| FERME DU CHATEAU DE WASSEIGES Namur | €6.5m | €27,108 | 14.4% | - |
| Immo Kevjernic Knokke-Heist | €4.7m | €25,175 | 27.7% | - |
| NDC VASTGOED Antwerp | €6.0m | €30,657 | 5.3% | 0.3 |
| Key Concept Chastre | €5.0m | €11,691 | 24.3% | - |
These companies have the same main activity as GG +: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €4.7m and €8.5m, founded between 2003 and 2012.
Official details
Source: KBO- Status
- Active since 16-03-2009Normal situation
- Activity
- Development of residential building projectsNACE 68121and 6 others
- Establishment unit
- 2.177.097.8901910 Kampenhout, since 12-03-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 04-08-2026
Annual accounts to 30-06-2025
- ≈ €66,000estimated
- €7.1m▲ 168%
- ≈ 0 FTEestimated
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on GG +
GG + files the micro format. That format states no turnover. The gross margin fell from €138,365 in 2010 to €15,780 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
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 GG +
- What is the company number of GG +?
- The company number of GG + is 0810.447.371. The VAT number is the same number with BE in front: BE 0810.447.371.
- Where is GG + based?
- The registered office is at Haachtsesteenweg 391, 1910 Kampenhout.Company details
- What does GG + do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GG +?
- GG + is a private limited company (pre-2019) (BVBA).
- When was GG + founded?
- GG + was founded on 16-03-2009.
- Is GG + still active?
- Yes, GG + is an active enterprise in the KBO register.
- What is the turnover of GG +?
- The turnover in financial year 2025 is ≈ €66,000. This figure is estimated from the gross margin of €15,780 and 48 comparable companies (NACE 68121). It probably lies between €32,000 and €210,000. It is a rough estimate.Financials
- Is GG + profitable?
- In financial year 2025, GG + made a loss of €169,734.
- Where can I find the annual accounts of GG +?
- GG + filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GG + due?
- GG + must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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