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GH CONSTRUCT

Active
Private limited companyfounded 2021active for 5 yearsKievitlaan 176, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0761.542.545
Summary

The computed 12-month bankruptcy probability of GH CONSTRUCT is 3.3% (moderate). The 2024 annual accounts show equity of €28,672 and a net result of €552. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 88% of 57 sector peers (NACE 39, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Remediation activities and other waste management service activities
NACE 39000
1 site
Size
€67,360turnover 2024
Equity
€28,672
Profit
€552
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Accounts 73 days overdue0 of 1 deed read
Why 50raises riskFigures for financial year 2024 (filed 12-09-2025)Size: turnover €67,360, total assets €37,9171 financial year not filed after the legal deadline; latest accounts 39 days late; 3 of the last 3 lateFounded in 2021Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 48% of its sector peers (NACE 39, micro)
Financial strength · tick = 2023
Strong
Solvency 100+10
equity 75.6% of total assets
Liquidity 55+9
short-term debt 24.4% · cash 11.1%
Profitability 41-21
return on assets 1.5%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (92 companies, NACE 39, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.8%▲ +0.1 percentage points vs 04-2025 06-2025: 2.9%▲ +0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.3 percentage points vs 07-2025 09-2025: 3.5%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 2.1%▼ -1.4 percentage points vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.0%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 2.1%▲ +0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.1%▼ -0.1 percentage points vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 2.3%▲ +0.2 percentage points vs 07-2026 09-2026: 2.4%▲ +0.1 percentage points vs 08-2026 10-2026: 3.3%▲ +0.9 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 4.1, compared with 2.89 in 2023; short-term debt: 24.4% and cash: 11.1% of total assets), and 24.4% of the assets are financed with debt and provisions.
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 39, micro): better than 93% on solvency, 57% on liquidity, 23% on profitability and 21% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 12-09-2025)
NBB · annual accounts
raises risk · Size: turnover €67,360, total assets €37,917
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 39 days late; 3 of the last 3 late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
39 days late
2023
50 days late
2022
55 days late
2021
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 65 days after the deadline; the sector median (NACE 39) for financial year 2024 is 9 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet €552 ▼87%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Positive: Among the best 13% on solvencysector median 31.2% · 57 companies 75.6% View
  • Turnover 20243 financial years filed €67,360 View

By topic

Financials

Financial year
2024
Turnover
€67,360
Profit
€552
Solvency
75.6%
Turnover▼ 29.5%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2022
  1. 24-09-2023Annual accounts filed
  2. 23-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Remediation activities and other waste management service activitiesNACE 39000
Founded
13-01-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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