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GGM CONSTRUCT

Active
Private limited companyfounded 20232 years activeMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 1001.872.616
Summary

The computed 12-month bankruptcy probability of GGM CONSTRUCT is 4.1% (elevated). The 2025 annual accounts show equity of €40,557 and a net result of €6,900. Its solvency ranks better than 83% of 2,716 sector peers (NACE 41, fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€55,581total assets 2025
Equity
€40,557
Profit
€6,900
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2025
Bankruptcy probability, 12 months
4.1%
Structure
Accounts filed 31 days late0 of 1 deed read
Why 49- Founded in 2023- Size: total assets €55,581- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 31 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 98-2
equity 73.0% of total assets
Liquidity 48+5
short-term debt 27.0% · cash 7.1%
Profitability 69-31
return on assets 12.4%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 12-2024: 3.6%lowest value 01-2025: 3.7%▲ +0.1 percentage points vs 12-2024 02-2025: 4.1%▲ +0.4 percentage points vs 01-2025 03-2025: 4.2%▲ +0.1 percentage points vs 02-2025 04-2025: 4.6%▲ +0.4 percentage points vs 03-2025 05-2025: 4.6%● unchanged vs 04-2025 06-2025: 5.0%▲ +0.4 percentage points vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 4.3%▼ -0.7 percentage points vs 07-2025 09-2025: 4.3%● unchanged vs 08-2025 10-2025: 4.4%▲ +0.1 percentage points vs 09-2025 11-2025: 4.4%● unchanged vs 10-2025 12-2025: 4.3%▼ -0.1 percentage points vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.4%▲ +0.1 percentage points vs 01-2026 03-2026: 4.5%▲ +0.1 percentage points vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 4.5%● unchanged vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 4.6%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 4.1%▼ -1.0 percentage point vs 08-2026 10-2026: 4.1%● unchanged vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.7 against 4.8 in 2024; short-term debt: 27% and cash: 7.1% of total assets), and 27% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 82% on solvency, 48% on liquidity, 39% on profitability and 65% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €55,581
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 2 filings
Deviation from the deadline
2025
31 days late
2024
10 days early
← 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 11 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 18% on solvencysector median 38.6% · 2,716 companies 73.0% View
  • Total assets 20252 fiscal years filed €55,581 View
  • Active since 2023founded 02-11-2023 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€55,581
Profit
€6,900
Solvency
73.0%
Total assets▲ 30.8%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
02-11-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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