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GH Capital Partners I Construct 1

Active
Private limited companyfounded 2024active for 1 yearTextielstraat 34, 8790 Waregem, BelgiumKBO/BCE: BE 1017.782.990
Summary

GH Capital Partners I Construct 1 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€26,078. Its solvency ranks better than 95% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2024 Normal situation
Registered office
37 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
General construction of residential buildings NACE 41001and 2 others
Establishment unit
2.370.228.949 8791 Waregem, since 20-12-2024
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
  • VersolDirector · since 20-12-2024 · permanent representative VERHAEGHE Dries Achille Willy
  • VP ASSET MANAGEMENTDirector · since 20-12-2024 · permanent representative VAN POUCKE Thomas Paul Etienne
Shareholders

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€20,280
Loss
€26,078
Equity
€1.3m
Total assets
€1.4m
Turnover not published (abbreviated format)
Filed on 03-07-2026, 28 days before the deadline
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFigures for financial year 2025 (filed on 03-07-2026)Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in construction of buildings (NACE 41)
Financial strength
Strong
Solvency 100
equity 98.2% of total assets
Liquidity 52
short-term debt 1.2% · cash 1.5%
Profitability 33
return on assets -1.9%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 01-2026: 3.6% 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.8%▲ +0.2 percentage points vs 02-2026 04-2026: 4.1%▲ +0.3 percentage points vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.6%▲ +0.4 percentage points vs 05-2026highest value 07-2026: 4.6%● unchanged vs 06-2026highest value 08-2026: 0.7%▼ -3.9 percentage points vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 1.4%▲ +0.7 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
Credit of up to €85,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 81.24, above the usual 1.5. Short-term debt is 1.2% and cash 1.5% of total assets. 1.8% of the assets are financed with debt and provisions.
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 41, micro). It does better than 92% of them on solvency, 55% on liquidity and 20% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 03-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in construction of buildingssector median €19,390 · 2,784 companies -€26,078 View

Recent changes

  1. · Gazette deed Registered office moved within Waregem
  2. · Gazette deed Appointment: VRC BEDRIJFSREVISOREN (statutory auditor)Permanent representatives: Lieselore Debrabandere and Bart Roobrouck
  3. · Gazette deed IncorporationStarting capital €2,000,000 · Appointments: VP ASSET MANAGEMENT (director) and VERSOL (director) · Permanent representatives: VAN POUCKE Thomas Paul Etienne and VERHAEGHE Dries Achille Willy
All 4 events

Comparable companies

These companies have the same main activity as GH Capital Partners I Construct 1: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €911,000 and €1.3m, founded between 2024 and 2025.

CompanyTotal assetsGross margin
GH Capital Partners I Construct 1 Waregem€1.4m-€0.02m
CHARTREUX DEVELOPMENT Brussel€1.3m-€0.07m
Masimmo Projects Nijlen€1.0m-€0.002m
SAINT JOSEPH DEVELOPMENT Liège€1.3m-€0.03m
SENH IMMOBILIARE Dilsen-Stokkem€1.0m-€0.002m
UILENSPIEGEL DEVELOPMENT Antwerpen€1.3m-€0.1m
AW1880 Schilde€0.9m-€0.006m
Full comparison

Key facts about GH Capital Partners I Construct 1

What is the company number of GH Capital Partners I Construct 1?
The company number of GH Capital Partners I Construct 1 is 1017.782.990. The VAT number is the same number with BE in front: BE 1017.782.990.
Where is GH Capital Partners I Construct 1 based?
The registered office is at Textielstraat 34, 8790 Waregem.Company details
What does GH Capital Partners I Construct 1 do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of GH Capital Partners I Construct 1?
The legal form of GH Capital Partners I Construct 1 is Private limited company (BV).
When was GH Capital Partners I Construct 1 founded?
GH Capital Partners I Construct 1 was founded on 20-12-2024.
Is GH Capital Partners I Construct 1 still active?
Yes, GH Capital Partners I Construct 1 is an active enterprise in the KBO register.
What is the turnover of GH Capital Partners I Construct 1?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is GH Capital Partners I Construct 1 profitable?
In financial year 2025, GH Capital Partners I Construct 1 made a loss of €26,078.
Where can I find the annual accounts of GH Capital Partners I Construct 1?
GH Capital Partners I Construct 1 filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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