GGL ALGEMENE BOUWONDERNEMING
ActiveThe computed 12-month bankruptcy probability of GGL ALGEMENE BOUWONDERNEMING is 2.7% (moderate). The 2025 annual accounts show equity of €54k and a net result of €-16k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 22% of 7431 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+3
Solvency40▼-60
Growth58=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 4.46 in 2024; short-term debt: 84.9% and cash: 5.2% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 2025Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-4.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-16k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 22%
← weakest
strongest →
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 · 3 filingsDeviation from the deadline
2025
3 d early
2024
10 d late
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 23.0%
2024 · €70k
2023: €77k
2024: €70k
2023 → 2025
Total assets
€358k▲ 319%
2024 · €86k
2023: €83k
2024: €86k
2023 → 2025
Net result
€-16k▼ 157%
2024 · €-6k
2023: €-23k
2024: €-6k
2023 → 2025
Working capital
€41k▼ 22.6%
2024 · €53k
2023: €68k
2024: €53k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€77k-€70k▼ 8.2%€54k▼ 23.0%
Operating result€-23k-€-6k▲ 73.6%€-16k▼ 160%
Net result€-23k-€-6k▲ 73.3%€-16k▼ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €6k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€13k▼ 24.1%
Current assets
€345k▲ 405%
Equity and liabilities €358k
Equity
€54k▼ 23.0%
Debt
€304k▲ 1,888%
The debt ratio rises from 17.9% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2024 · €-3k
Cash flow
€-12k▼
2024 · €-3k
Solvency
15.1%▼
2024 · 82.1%
Current ratio
1.13▼
2024 · 4.46
Quick ratio
0.08▼
2024 · 4.46
Debt / equity
5.62▲
2024 · 0.22
ROE
-29.9%▼
2024 · -8.9%
ROA
-4.5%▲
2024 · -7.3%
Interest coverage
-167.79▼
2024 · -38.86
Debt
€304k▲
2024 · €15k
Debt ≤ 1 year
€304k▲
2024 · €15k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€358k▲
Fixed assets21/28€17k€13k▼
Tangible fixed assets22/27€17k€13k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€68k€345k▲
Stocks and contracts in progress3-€322k
Stocks30/36-€322k
Amounts receivable within one year40/41€8k€4k▼
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€60k€19k▼
Deferred charges and accrued income490/1-€86
Equity and liabilities
Total equity and liabilities10/49€86k€358k▲
Equity10/15€70k€54k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-30k€-46k▼
Amounts payable17/49€15k€304k▲
Amounts payable within one year42/48€15k€304k▲
Trade debts44-€9k
Suppliers440/4-€9k
Other amounts payable47/48€15k€295k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€51€202▲
Gross operating margin9900€-3k€-12k▼
Operating profit (loss)9901€-6k€-16k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€84€71▼
Recurring financial charges65€84€71▼
Profit (loss) for the period before taxes9903€-6k€-16k▼
Profit (loss) for the period9904€-6k€-16k▼
Profit (loss) for the period to be appropriated9905€-6k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-46k▼
Profit (loss) brought forward from the previous period14P€-23k€-30k▼
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
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2022
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.
Trosbessenlaan(MEL) 109120 Beveren-Kruibeke-ZwijndrechtGround area
1,722 m²
Building footprint
755 m²
Volume, LiDAR
2,052 m³
2 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GGL ALGEMENE BOUWONDERNEMING
since 20222.333.207.712
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452B1334/00A000 | Flanders | 870 m² | 1 · 486 m² | 10.4 m |
| 46016D0127/00G002 | Flanders | 851 m² | 1 · 268 m² | 12.3 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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BE 0787.964.058
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NW CONCEPT
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2022
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.