Gio Construct
ActiveGio Construct has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €11k. Equity is growing by ~42.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
91
/ 100
Excellent▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+32
Solvency63▲+10
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.07 in 2023), but 68.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
31.9%
Return on assets
12.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
14 d late
2022
14 d early
2021
12 d early
2020
17 d early
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€28k▲ 66.7%
2023 · €17k
2018: €17k
2019: €-8k
2020: €-2k
2021: €999
2022: €14k
2023: €17k
2018 → 2024
Total assets
€88k▲ 71.0%
2023 · €51k
2018: €26k
2019: €39k
2020: €30k
2021: €54k
2022: €53k
2023: €51k
2018 → 2024
Net result
€11k▲ 390%
2023 · €2k
2018: €27k
2019: €-25k
2020: €6k
2021: €3k
2022: €13k
2023: €2k
2018 → 2024
Working capital
€29k▲ 1,147%
2023 · €2k
2018: €10k
2019: €-23k
2020: €-13k
2021: €-19k
2022: €-3k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€999€14k▲ 1,348%€17k▲ 15.8%€28k▲ 66.7%
Operating result€7k-€4k▼ 34.8%€18k▲ 312%€8k▼ 56.4%€24k▲ 204%
Net result€6k-€3k▼ 49.2%€13k▲ 355%€2k▼ 83.1%€11k▲ 390%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 204% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€7k▼ 50.7%
Current assets
€80k▲ 119%
Equity and liabilities €88k
Equity
€28k▲ 66.7%
Debt
€60k▲ 73.1%
The debt ratio rises from 67.3% to 68.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€33k▲
2023 · €18k
Cash flow
€20k▲
2023 · €13k
Solvency
31.9%▼
2023 · 32.7%
Current ratio
1.58▲
2023 · 1.07
Quick ratio
1.58▲
2023 · 1.07
Debt / equity
2.14▲
2023 · 2.06
ROE
40.0%▲
2023 · 13.6%
ROA
12.8%▲
2023 · 4.5%
Interest coverage
4.21▲
2023 · 3.55
Debt
€60k▲
2023 · €34k
Debt ≤ 1 year
€51k▲
2023 · €34k
Debt > 1 year
€9k▲
2023 · €0
Income taxes
€5k▲
2023 · €509
Staff costs
€56k▼
2023 · €57k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€51k€88k▲
Fixed assets21/28€14k€7k▼
Tangible fixed assets22/27€14k€7k▼
Plant, machinery and equipment23€10k€5k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€37k€80k▲
Amounts receivable within one year40/41€33k€80k▲
Trade receivables40€22k€0▼
Other amounts receivable41€11k€80k▲
Cash at bank and in hand54/58€3k€0▼
Deferred charges and accrued income490/1€38€0▼
Equity and liabilities
Total equity and liabilities10/49€51k€88k▲
Equity10/15€17k€28k▲
Contributions10/11€12k€14k▲
Reserves13€4k€14k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€2k€14k▲
Amounts payable17/49€34k€60k▲
Amounts payable after more than one year17€0€9k▲
Financial debts170/4€0€9k▲
Amounts payable within one year42/48€34k€51k▲
Current portion of amounts payable after more than one year42€1k€7k▲
Financial debts43€0€10k▲
Credit institutions430/8€0€10k▲
Trade debts44€33k€9k▼
Suppliers440/4€33k€9k▼
Advances received on contracts in progress46-€750
Taxes, remuneration and social security45€509€8k▲
Taxes450/3€509€8k▲
Other amounts payable47/48-€17k
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€57k€56k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€114€7k▲
Gross operating margin9900€75k€95k▲
Operating profit (loss)9901€8k€24k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€3k€16k▲
Income taxes67/77€509€5k▲
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€11k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€2k€11k▲
To contributions691-€11k
To other reserves6921€2k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-25k ▼191%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
09-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-03-2018
Resigned as Manager
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 1998
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.
Olmstraat 22870 Puurs-Sint-AmandsGround area
1,251 m²
Building footprint
239 m²
Volume, LiDAR
1,078 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gio Construct
since 19982.085.137.437
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032C0419/00R000 | Flanders | 833 m² | 1 · 139 m² | 3.4 m · 1 fl. |
| 12342C0207/00H002 | Flanders | 418 m² | 1 · 100 m² | 9.3 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.
Similar companies · same sector, comparable size
CONSTRUCTRA
BE 0736.779.534
Brugelette · Eq €28k
DM WORX
BE 0743.801.938
Antwerpen · Eq €28k
Toon Hendrickx
BE 1000.612.903
Herentals · Eq €28k
PERREMAN EN ZOON
BE 1014.647.417
Pajottegem · Eq €28k
ALJIM RENOVE
BE 0682.493.978
Anderlecht · Eq €28k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,148 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-1998
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.