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GHYSELINGS CONSTRUCTION

Active
Private limited companyfounded 1991active for 34 yearsChaussée de Valenciennes(Orm) 455, 7802 Ath, BelgiumKBO/BCE: BE 0445.987.687
Summary

GHYSELINGS CONSTRUCTION has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,131 and a net result of €1,535. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 71% of 9,302 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€50,937total assets 2025
Equity
€32,131
Profit
€1,535
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 12 days early1 of 2 deeds read
Why 88raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 1991Liquidity: current ratio 2.32, cash €11,985, halvedEquity €32,131 (63.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 88+14
equity 63.1% of total assets
Liquidity 63-11
short-term debt 36.9% · cash 23.5%
Profitability 73-4
return on assets 3.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.32, compared with 1.78 in 2024, above the usual 1.5; short-term debt: 36.9% and cash: 23.5% of total assets), and 36.9% 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 41, micro): better than 72% on solvency, 68% on liquidity, 47% on profitability and 46% on growth.

The bankruptcy probability was computed on 23-10-2026 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.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.32, cash €11,985, halved
NBB · annual accounts
lowers risk · Equity €32,131 (63.1% of total assets)
NBB · annual accounts
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
12 days early
2024
10 days early
2023
10 days early
2022
7 days early
2021
7 days early
2020
9 days early
2019
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1,535 8 years View
  • Active since 1991founded 18-12-1991 34 years View

By topic

Financials

Financial year
2025
Total assets
€50,937
Profit
€1,535
Solvency
63.1%
Total assets▼ 19.1%
Net result
20182025
Go to Financials

Timeline

Events
29
Since
2000
Next accounts
by 31-07-2027
  1. 20-03-2024Resignation: LOTTEN Michael (statutory manager)
  2. 24-07-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
18-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GHYSELINGS CONSTRUCTION

What is the company number of GHYSELINGS CONSTRUCTION?
0445.987.687. In Belgium the VAT number is the company number with BE in front: BE 0445.987.687.
Where is GHYSELINGS CONSTRUCTION based?
The registered office is at Chaussée de Valenciennes(Orm) 455, 7802 Ath.Company details
What does GHYSELINGS CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of GHYSELINGS CONSTRUCTION?
Private limited company (BV).
When was GHYSELINGS CONSTRUCTION founded?
On 18-12-1991.
Is GHYSELINGS CONSTRUCTION still active?
Yes, GHYSELINGS CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of GHYSELINGS CONSTRUCTION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GHYSELINGS CONSTRUCTION profitable?
In financial year 2025, GHYSELINGS CONSTRUCTION made a profit of €1,535.
Where can I find the annual accounts of GHYSELINGS CONSTRUCTION?
GHYSELINGS CONSTRUCTION filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GHYSELINGS CONSTRUCTION due?
By 31-07-2027, for financial year 2026.Timeline

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