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Complete company report
Generated 23-08-2026
Active BE 0644.398.318Private limited companyOpen bankruptcy

GG19 CONSTRUCT

· 10 yrs active
Conclusion Checked

A bankruptcy procedure is open for GG19 CONSTRUCT according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €40k and a net result of €13k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €40k
Net result €13k
Active 10 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health24Profitability100Solvency98Growth81Stability0
61 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 100
Solvency 98
Growth 81
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Health barometer FY 2023 · computed
24 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 31-08-2024 with the NBB · fiscal year 2023 · micro
€-50k€0€50k€100k€150kRevenue 2019: €63k€63kOperating result 2019: €-2k€-2kNet result 2019: €-25k€-25kRevenue 2020: €140k€140kOperating result 2020: €56k€56kNet result 2020: €22k€22kOperating result 2021: €-23k€-23kNet result 2021: €-23k€-23kOperating result 2022: €10k€10kNet result 2022: €9k€9kOperating result 2023: €13k€13kNet result 2023: €13k€13k20192020202120222023
RevenueOperating resultNet result
Revenue
€140k
+120.3% 18-23
EBITDA
€16k
-10.8% 18-23
Net profit
€13k
+46.0% 18-23
Cash flow
€16k
-4.4% 18-23
Total assets
€68k
+73.7% 18-23
Equity
€40k
+48.5% 18-23
Working capital
€39k
+70.7% 18-23
Income taxes
€136
-76.4% 18-23
Show 11 other metrics
Debt
€29k
+127.0% 18-23
Debt ≤ 1y
€29k
+127.0% 18-23
Current ratio
2.35
-15.9% 18-23
Quick ratio
2.35
-15.9% 18-23
Solvency
58.0%
-14.5% 18-23
Debt / equity
0.72
+52.9% 18-23
ROE
32.6%
-1.6% 18-23
ROA
18.9%
-15.9% 18-23
Net margin
15.9%
- 18-23
EBITDA margin
41.9%
- 18-23
Interest coverage
97.50
-0.7% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€16k
Net profit€13k
Cash flow€16k
Staff costs-
Income taxes€136
Dividends-
Total assets€68k
Equity€40k
Debt€29k
of which ≤ 1y€29k
of which > 1y-
Working capital€39k
Employees (FTE)-
Ratios (computed)
2023
Current ratio2.35
Quick ratio2.35
Working capital ratio56.7%
Solvency58.0%
Debt / equity0.72
Long-term debt ratio-
Interest coverage97.50
Gross margin-
Net margin-
ROA18.9%
ROE32.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€68k
Fixed assets 21/28€907
Tangible fixed assets 22/27€675
Financial fixed assets 28€232
Current assets 29/58€68k
Amounts receivable within one year 40/41€45k
Cash & bank 54/58€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€68k
Equity 10/15€40k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€21k
Amounts payable 17/49€29k
Amounts payable within one year 42/48€29k
Trade debts payable within one year 44€27k
Income statement
Gross operating margin 9900€16k
Operating result 9901€13k
Financial income 75€697
Financial charges 65€161
Result before taxes 9903€13k
Income taxes 67/77€136
Net result for the period 9904€13k
Result to be appropriated 9905€13k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • GOFFIN Sébastien
    Director (executive)
    State Gazette act 25008632 (21-01-2025)
    Former
    - → 27-12-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator CHARLOTTE PIERS
GROENKRAAGLAAN 3, 1170 BRUSSEL 17
 18-11-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation10-12-2015
StatusActive
Postal code-
First BS signal 25-11-2025
Latest BS signal 25-11-2025
Establishment units 1 location
GG19 CONSTRUCT
Camille Vandeloockstraat 14, 1600 Sint-Pieters-LeeuwVervaardiging van stortklare beton
since 20242.249.290.933
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21001A0409/00C000 Brussels 4,029 m² 1 · 867 m² 33.0 m · 10 fl.
23077A0045/00G003 Flanders 124 m² 1 · 124 m² 11.5 m · 3 fl.
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.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-11-2025
Bankruptcy Opening
Ondernemingsrechtbank Brussel · GG19 CONSTRUCT BV SYLVAIN DUPUISLAAN 213, 1070 ANDERLECHT · event 18-11-2025
06-10-2025
KBO administration Address struck
21-01-2025
State Gazette act Capital & shares
2024
31-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
17-10-2023
State Gazette act Capital & shares
04-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
25-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
27-09-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
19-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
20-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
29-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals2 events
25-11-2025
Bankruptcy Opening
Date: 18-11-2025 · Ondernemingsrechtbank Brussel · GG19 CONSTRUCT BV SYLVAIN DUPUISLAAN 213, 1070 ANDERLECHT · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 06-10-2025 to 18-11-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-06 · KBO administration · Address struck2025-11-25 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 7 acts read

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 2
21-01-2025
Capital change
17-10-2023
Capital change
All acts · 2 updated 1 year ago
2025
21-01-2025 Transaction in capital or shares Capital & shares
Technical details 
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  "events": [
    {
      "kind": "share_transfer",
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      "subscribers": [
        {
          "kbo": null,
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          "kind": "person",
          "name": "GOFFIN S\u00E9bastien",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 30,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
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          "name": "GIORGIO Fabio",
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        },
        {
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          "kind": "person",
          "name": "GIORGIO Salvatore",
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        }
      ],
      "share_emission": {
        "agio_eur": null,
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        "n_new_shares": null,
        "with_new_shares": false,
        "nominal_value_eur": null,
        "issue_price_per_share_eur": null
      },
      "decrease_purpose": null,
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      "not_yet_called_eur": null,
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      "merger_exchange_ratio": null,
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      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": "2025-01-13",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2025-01-27",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-01-27"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0644.398.318",
    "name_full": "GG19 CONSTRUCT",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "GOFFIN S\u00E9bastien",
      "role": null,
      "n_shares": 30,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "GIORGIO Fabio",
      "role": null,
      "n_shares": 30,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "GIORGIO Salvatore",
      "role": null,
      "n_shares": 30,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2023
17-10-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "PINZARRONE Mario",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "PINZARRONE Alfonso",
          "share_class": null,
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        },
        {
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        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-10-09",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-09-04",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0644.398.318",
    "name_full": "GG19 CONSTRUC\u0422",
    "legal_form": "Soci\u00E9t\u00E9 Priv\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "PINZARRONE Mario",
      "role": null,
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "PINZARRONE Alfonso",
      "role": null,
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "GIORGIO Salvatore",
      "role": null,
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR GG19 CONSTRUCT
Registration history
  1. 06-10-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative