Gio Construct
ActiveSummary
The computed 12-month bankruptcy probability of Gio Construct is 6.2% (elevated). The 2024 annual accounts show equity of €27,912 and a net result of €11,172. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 33% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €27,912
- Profit
- €11,172
- Giovanny HoogeDirector
Why 36raises riskFigures for financial year 2024 (filed 10-06-2025)1 change of registered office in 24 monthsLiquidity: current ratio 1.58, cash €0, halvedlowers riskFounded in 1998Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 34% on solvency, 11% on liquidity, 37% on profitability and 87% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is over 3 times 2023 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €31,629 | €42,889 | €56,958 | €55,741 | ▼ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,750 | €3,276 | €3,830 | €5,330 | €10,389 | €10,385 | €9,055 | ▼ 12.8% |
| Other operating charges640/8 | - | - | - | €406 | €83 | €114 | €6,532 | ▲ 58× |
| Gross operating margin9900 | €30,424 | -€19,349 | €12,046 | €41,789 | €71,598 | €75,402 | €95,475 | ▲ 26.6% |
| Operating profit (loss)9901 | €27,407 | -€24,708 | €6,787 | €4,425 | €18,238 | €7,947 | €24,147 | ▲ 204% |
| Financial income75/76B | - | - | - | €29 | €7 | €0 | - | - |
| Recurring financial income75 | €192 | €0 | €0 | €29 | €7 | €0 | - | - |
| Financial charges65/66B | - | - | - | €1,492 | €4,782 | €5,159 | €7,878 | ▲ 52.7% |
| Recurring financial charges65 | €164 | €219 | €953 | €1,492 | €4,782 | €5,159 | €7,878 | ▲ 52.7% |
| Profit (loss) for the period before taxes9903 | €27,435 | -€24,927 | €5,835 | €2,962 | €13,463 | €2,787 | €16,270 | ▲ 484% |
| Income taxes67/77 | - | - | - | - | - | €509 | €5,098 | ▲ 901% |
| Profit (loss) for the period9904 | €27,435 | -€24,927 | €5,835 | €2,962 | €13,463 | €2,278 | €11,172 | ▲ 390% |
| Profit (loss) for the period to be appropriated9905 | €27,435 | -€24,927 | €5,835 | €2,962 | €13,463 | €2,278 | €11,172 | ▲ 390% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €25,832 | €39,280 | €30,173 | €54,035 | €52,865 | €51,182 | €87,539 | ▲ 71.0% |
| Fixed assets21/28 | €7,000 | €15,030 | €11,200 | €24,642 | €24,765 | €14,381 | €7,092 | ▼ 50.7% |
| Tangible fixed assets22/27 | €7,000 | €15,030 | €11,200 | €24,642 | €24,765 | €14,381 | €7,092 | ▼ 50.7% |
| Plant, machinery and equipment23 | - | - | - | €7,114 | €18,210 | €10,460 | €4,975 | ▼ 52.4% |
| Furniture and vehicles24 | - | - | - | €17,529 | €6,555 | €3,921 | €2,117 | ▼ 46.0% |
| Current assets29/58 | €18,832 | €24,250 | €18,973 | €29,393 | €28,100 | €36,801 | €80,448 | ▲ 119% |
| Amounts receivable within one year40/41 | €4,304 | €22,043 | €15,618 | €28,651 | €28,100 | €33,402 | €80,448 | ▲ 141% |
| Trade receivables40 | - | - | - | €22,713 | €22,448 | €21,926 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €5,938 | €5,652 | €11,476 | €80,448 | ▲ 601% |
| Cash at bank and in hand54/58 | €14,528 | €2,207 | €3,355 | €0 | - | €3,361 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €741 | €0 | €38 | €0 | ▼ 100% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €25,832 | €39,280 | €30,173 | €54,035 | €52,865 | €51,182 | €87,539 | ▲ 71.0% |
| Equity10/15 | €17,129 | -€7,798 | -€1,963 | €999 | €14,462 | €16,740 | €27,912 | ▲ 66.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €14,259 | ▲ 15.0% |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €2,062 | €4,340 | €13,653 | ▲ 215% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | - | - | - | €203 | €2,481 | €13,653 | ▲ 450% |
| Profit (loss) carried forward14 | €2,870 | -€22,057 | -€16,222 | -€13,260 | €0 | - | - | - |
| Amounts payable17/49 | €8,703 | €47,078 | €32,136 | €53,036 | €38,403 | €34,441 | €59,627 | ▲ 73.1% |
| Amounts payable after more than one year17 | - | - | - | €4,760 | €1,150 | €0 | €8,607 | - |
| Financial debts170/4 | - | - | - | €4,760 | €1,150 | €0 | €8,607 | - |
| Amounts payable within one year42/48 | €8,703 | €47,078 | €32,136 | €48,277 | €30,654 | €34,441 | €51,020 | ▲ 48.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,329 | €3,400 | €1,150 | €6,834 | ▲ 495% |
| Financial debts43 | - | - | - | €6,462 | €3,308 | €0 | €9,853 | - |
| Credit institutions430/8 | - | - | - | €6,462 | €3,308 | €0 | €9,853 | - |
| Trade debts44 | €5,941 | €26,864 | €3,641 | €33,468 | €11,885 | €32,782 | €9,242 | ▼ 71.8% |
| Suppliers440/4 | - | - | - | €33,468 | €11,885 | €32,782 | €9,242 | ▼ 71.8% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €750 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,575 | €12,061 | €509 | €7,777 | ▲ 15× |
| Taxes450/3 | - | - | - | €2,575 | €12,061 | €509 | €7,777 | ▲ 15× |
| Other amounts payable47/48 | - | - | - | €2,443 | €0 | - | €16,563 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €6,599 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,435 | -€24,927 | €5,835 | €2,962 | €13,463 | €2,278 | €11,172 | ▲ 390% |
| + Depreciation and write-downs630 | €1,750 | €3,276 | €3,830 | €5,330 | €10,389 | €10,385 | €9,055 | ▼ 12.8% |
| Operating cash flow (approximation) | €29,185 | -€21,651 | €9,664 | €8,292 | €23,853 | €12,663 | €20,227 | ▲ 59.7% |
| Investment in fixed assets (approximation) | - | -€11,306 | €0 | -€18,772 | -€10,512 | €0 | -€1,766 | - |
| Change in cash | - | -€12,321 | €1,148 | -€3,355 | - | - | -€3,361 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 10-06-2025 | 2025-00126909 |
| 31-12-2023 | micro format | 14-08-2024 | 2024-00344352 |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00240724 |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20198337 |
| 31-12-2020 | micro format | 14-07-2021 | 2021-35600549 |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73400163 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56000586 |
| 30-06-2017 | micro format | 13-12-2017 | 2017-71600466 |
| 30-06-2016 | abbreviated format | 09-12-2016 | 2016-69600365 |
| 30-06-2015 | abbreviated format | 04-01-2016 | 2016-00100284 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Giovanny Hooge |
|
Owners and capital
Capital and shareholders
- 03-10-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 29-07-2025
- Registered-office move, Olmstraat 2,2870 Puurs
03-10
Gazette deed
Resignation: Giovanny Hooge (manager)Reappointment: Giovanny Hooge (director) · Capital conversion · Reserve release10 facts ▸
- General meeting, 26-09-2023
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen en rechtsvorm besloten vennootschap (afgekort BV) behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “Statutair onbeschikbaar eigen vermogensrekening, Nihil” (deed in Dutch)
- Director resignation, Giovanny Hooge (manager)
- Director reappointment, Giovanny Hooge (director (not named in the articles))
- Registered office clause, “Eikstraat 22,2830 Willebroek, algemene vergadering” (deed in Dutch)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0462.352.280
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12032C0419/00R000 | Flanders | 833 m² | 1 · 139 m² | 3.4 m · 1 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Gio Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Bedrag vaste of evenredige vergoeding, of mandaat al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van aantal aandelen dat zij bezitten, uitgifte volledig geplaatst of geen aandeelhouder maakt nog gebruik” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)