Turnover
≈ €240,000 estimated
The micro format states no turnover.
Gio Projects
Overview
Lifetime
2 annual accounts with figures on one time axispeak €19,854 (2025)
€19,854▲ 37.8%
peak €10,913 (2025)
€10,913▲ 12.0%
peak €25,653 (2025)
€25,653▲ 74.0%
€11,632▲ 47.8%
Board1 name since 2024
1 directorGiovanni BUYSSENS
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €14,404 to €19,854Equity from €14,740 to €25,653Debts from €7,868 to €11,632Cash from €651 to €16,826
Key points
from the 2025 annual accountsLiquidity
2.15 was 0.79 in 2024
Short-term debts rose from €7,868 to €11,632.
Starting capital
€5,000 100 shares
Checked score
69
Healthy
Financially stronger than 86% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 2.4%
09-2025: 2.4%● unchanged vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.7%▲ +0.3 percentage points vs 10-2025
12-2025: 2.7%● unchanged vs 11-2025
01-2026: 2.8%▲ +0.1 percentage points vs 12-2025
02-2026: 2.9%▲ +0.1 percentage points vs 01-2026
03-2026: 2.9%● unchanged vs 02-2026
04-2026: 3.0%▲ +0.1 percentage points vs 03-2026
05-2026: 3.1%▲ +0.1 percentage points vs 04-2026
06-2026: 3.1%● unchanged vs 05-2026
07-2026: 3.4%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 1.0%▼ -2.4 percentage points vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €37,286
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.15, cash €16,826
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 78% of them on solvency, 88% on liquidity, 91% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Gio Projects has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Gio Projects itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Gio Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.15 (0.79 in 2024), above the usual 1.5. Short-term debt is 31.2% and cash 45.1% of total assets. 31.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 days early
2024
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 20 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011494026
Incorporation
Founding capital of €5,000, 100 shares · Founder: Giovanni BUYSSENS · Appointment: Giovanni BUYSSENS (director) · published on 16-07-2024 · Gazette deed
First establishment
Beekstraat 36, Ronse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Gio Projects Ronse | €37,286 | €19,854 | 68.8% | - |
| RENOVOLUX Denderleeuw | €38,620 | €16,682 | 41.9% | - |
| A-Z Company Ninove | €30,691 | €18,951 | 44.9% | - |
| PALKO Sint-Pieters-Leeuw | €35,811 | €20,096 | 41.8% | - |
| ISO PRO CONSTRUCT Sint-Pieters-Leeuw | €37,713 | €21,274 | 15.6% | - |
| TBATGESTION La Louvière | €38,142 | €22,772 | 71.3% | - |
| MAXI RENOV Sint-Pieters-Leeuw | €39,865 | €18,047 | 20.1% | - |
These companies have the same main activity as Gio Projects: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €30,700 and €39,900, founded in 2024.
Official details
Source: KBO- Status
- Active since 12-07-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.361.692.5539600 Ronse, since 12-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2025
Annual accounts 2025
- €19,854▲ 37.8%
- €10,913▲ 12.0%
- €25,653▲ 74.0%
- €37,286▲ 64.9%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Gio Projects
Gio Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,653 and a net result of €10,913.
Its solvency ranks better than 77% of 9,462 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 09-07-2026, 22 days before the deadline€19,854
▲ 37.8%
€14,195
▲ 15.8%
€10,913
▲ 12.0%
€13,383
▲ €15,070
68.8%
▲ 3.6 percentage points
2.15
▲ 1.36
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €120,000 and €430,000.
Balance sheet
balance sheet total €37,286 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
68.8%
Higher than 77% of 9,462 companies in 2025.
2.15
Higher than 61% of 9,210 companies in 2025.
29.3%
Higher than 84% of 9,282 companies in 2025.
Gio Projects
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
37,286 | 22,609 | |
21/28 |
12,270 | 16,428 | |
22/27 |
12,270 | 16,428 | |
24 |
12,270 | 16,428 | |
29/58 |
25,015 | 6,181 | |
40/41 |
7,056 | 4,616 | |
40 |
7,018 | 2,363 | |
41 |
38 | 2,253 | |
54/58 |
16,826 | 651 | |
490/1 |
1,133 | 914 | |
| Balance sheet: equity and liabilities | |||
10/49 |
37,286 | 22,609 | |
10/15 |
25,653 | 14,740 | |
10/11 |
5,000 | 5,000 | |
13 |
20,653 | 9,740 | |
133 |
20,653 | 9,740 | |
17/49 |
11,632 | 7,868 | |
42/48 |
11,632 | 7,868 | |
44 |
793 | 924 | |
440/4 |
793 | 924 | |
46 |
0 | 453 | |
45 |
10,839 | 6,491 | |
450/3 |
8,839 | 3,991 | |
454/9 |
2,000 | 2,500 | |
| Income statement | |||
9900 |
19,854 | 14,404 | |
630 |
4,158 | 1,045 | |
640/8 |
1,501 | 1,105 | |
9901 |
14,195 | 12,255 | |
75/76B |
0 | - | |
75 |
0 | - | |
65/66B |
46 | 22 | |
65 |
46 | 22 | |
9903 |
14,149 | 12,233 | |
67/77 |
3,236 | 2,493 | |
9904 |
10,913 | 9,740 | |
9905 |
10,913 | 9,740 | |
| Appropriation of the result | |||
9906 |
10,913 | 9,740 | |
691/2 |
10,913 | 9,740 | |
6921 |
10,913 | 9,740 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 18,353 | 13,299 | ||
| 15,070 | 10,785 | ||
| 0 | 17,473 | ||
| 16,175 | - | ||
| 13,383 | -1,688 | ||
| 68.8% | 65.2% | ||
| 2.15 | 0.79 | ||
| 0.45 | 0.53 | ||
| 42.5% | 66.1% | ||
| 29.3% | 43.1% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €17,473 |
| €4,158 | €1,045 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Gio Projects
The operating result for 2025 is 16% higher than in 2024.
Debt's share of the balance-sheet total falls from 34.8% to 31.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 12-07-2024
term for the life of the company
listed in the 2025 annual accounts, filed on 09-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde aangestelde…”deed of 16-07-2024
Mandates through the years
1 name, the dashed line is todayGiovanni BUYSSENS
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Giovanni BUYSSENS
- Director (not named in the articles), from 12-07-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €257 in 2025
- Source
- deed of 16-07-2024
Articles of association
deed of 16-07-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Voor duur van vennootschap,tenzij algemene vergadering anders besluit, telkens belang vereist en minstens eenmaal per jaar”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of June at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 16-07-2024 ↗
- Giovanni BUYSSENS 100 shares (100%) · €5,000
Network & group
No group
Gio Projects has no parent and no holdings in its annual accounts. Giovanni BUYSSENS is the only director. Gio Projects shares no director with another company.
At the same address
Beekstraat 36, 9600 Ronse · 1 other company| DE LOODSEN
establishment since 18-04-2002 · founded in 2002 |
total assets €1.8m (2025) 0476.966.915 |
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
2025
Liquidity more than doubled current ratio 2.15 The current ratio rises from 0.79 to 2.15.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011494026
Annual accounts 2024 filed NBBmicro format · 17 days before the deadline
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: Giovanni BUYSSENS · Appointment: Giovanni BUYSSENS (director) · published on 16-07-20244 points ▸
- Registered office clause, Beekstraat 36, 9600 Ronse
- Director appointment, Giovanni BUYSSENS (director (not named in the articles))
- Founder, Giovanni BUYSSENS
- Founding capital, €5,000, 100 shares
- The deed holds 1 more point.
First establishment Beekstraat 36, Ronse
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 12 July 2024, Gio Projects was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 Giovanni BUYSSENS has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1011.494.026
- VAT number
- BE 1011.494.026
- Peppol ID
- 0208:1011494026
- Other Peppol ID
- 9925:BE1011494026
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of June at 10:00deed of 16-07-2024 (in Dutch)
- Peppol
- Reachable since 17-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Gio Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-07-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Gio Projectsdeed of 16-07-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Beekstraat 36, 9600 Ronse”deed of 16-07-2024 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41203
Construction of residential and non-residential buildings
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen…”deed of 16-07-2024 (in Dutch)
18 activities
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- De algemene onderneming van bouwwerken,omvattende het optrekken,herstellen of slopen van gebouwen,individuelen huizen,gebouwen met celstructuur,evenals deze bedrijvigheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van voltooiingswerken of het toezicht en coördinatie ervan.Het uitvoeren of laten uitvoeren van alle verbouwingswerkzaamheden.Het ruimen en schoonmaken van bouwterreinen.Het uitvoeren van metsel-en betonwerken.De verkoop en installatie van zwembaden/wellness en van alle artikelen rechtstreeks of onrechtstreeks in verband met zwembaden/wellness,alsook de studie en toepassing van zwembadtechnieken in alle domeinen,hetzij voor eigen rekening of voor derden.
- Onderneming voor het bouwen van individuelen huizen en appartementen,eventueel volgens de formule sleutel-op-de-deur.De montage van hangars,loodsen,schuren,silo’s enzovoort voor industriële doeleinden of landbouwdoeleinden.De bouw van tunnels,bruggen,viaducten en dergelijke.Het bouwen van funderingen,inclusief heien.Het vlechten van ijzer en aanbrengen van bekistingen.Het uitvoeren van hijs-en hefwerkzaamheden voor eigen rekeningen en voor rekening van derden.Het optrekken,afbreken en keuren van steigers en werkplatforms.
- Het ruimen van bouwterreinen,proefboren en boren.Het bouwen van schoorstenen en industriële ovens,open haarden,stookplaatsen,sierschouwen.Schrijnwerk van kunststof,hout,metaal of andere materialen.Vervaardiging van meubels.Het plaatsen van metalen constructies.Aannemer van zinkwerken en metalen dakbedekkingen en niet-metalen dakbedekkingen van gebouwen.Het waterdicht maken van daken en terrassen.Het plaatsen van dakbedekkingen met metaal,dakpannen,leien,stro en alle andere materialen.
- Het plaatsen van dakgoten en regenafvoerbuizen.De bouw van daken,dakbedekkingen in alle soorten en vormen.Alle lood-en zinkwerk.Het loodgieterswerk.De installatie van gebouwen en andere bouwwerken van waterleidingen,artikelen en apparaten voor sanitair gebruik,gasaansluitingen,leidingen voor diverse gassen.Installatieactiviteiten voor centrale verwarming,klimaatregeling,ventilatie,gas en sanitair.Vloerafwerking en wandbekleding.Het plaatsen van vloerbedekking van hout en alle andere materialen.Het plaatsen van vloer-en wandtegels.
- Alle tegel-,marmer-en natuursteenactiviteiten.Plafoneer-,cementeer-en andere pleisterwerken aan de binnen-en/of buitenzijde van gebouwen en andere bouwwerken.Stukadoorswerk en het plaatsen van chape.Schilderwerken en glaszetten.Het behangen en stofferen.Het aanbrengen van glas en van binnendeuren en scheidingswanden in glas.Algemene elektriciteitswerken,met inbegrip van elektromechanica,domotica en elektrische verwarming.Het snoeien van bomen en heggen,exploitatie en irrigatiesystemen.
- Het aanleggen en onderhouden van tuinen en parken en het groene gedeelte van sportvelden.De installatie van hulpvoedingssystemen,van bedrading voor telefooninstallaties en computersystemen.De installatie van liften en roltrappen,antennes en bliksemafleiders.De installatie van verlichtings-en signaleringssystemen voor wegen en spoorwegen,in havens en luchthavens.De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enzovoort in metaal.
- Het bouwrijp maken van terreinen.De grondverzet:graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven.De installatie van particuliere zwembaden/wellness en aanverwanten.De gevelreiniging door middel van zandstralen,met behulp van stoom of andere daartoe te gebruiken materialen.Het reinigen van gebouwen na beëindiging bouwwerkzaamheden.Het toezien op bouwwerkzaamheden onder eender welke vorm.
- Het bouwen van individuele huizen en/of gebouwen sleutel-op-de-deur.
- Het besturen van vennootschappen,welk voorwerp deze vennootschappen ook mocht hebben;
- Het verlenen van alle dienstprestaties van economische aard,zowel voor eigen rekening als voor rekening van derden.Daartoe behoren ondermeer het stellen van borgstelling voor rekening van derden,financieel,administratief,commercieel,technisch en sociaal beheer en advies;
- Het patrimonium van de vennootschap te behouden,in de ruimste zin van het woord te beheren,en oordeelkundig uit te breiden,alle beschikbare middelen te beleggen of weder te beleggen,zowel in roerende als in onroerende goederen.Binnen het kader van haar voorwerp zal de vennootschap mogen overgaan tot het aankopen,opschikken,uitrusten,valoriseren,bouwen,verhuren of in huur nemen van onroerende goederen,al dan niet gemeubeld;
- De vennootschap kan optreden als tussenpersoon inzake handel,in de ruimste zin van het woord,waaronder verstaan makelaarsactiviteiten,commissiehandel en agentuur zowel in binnen-als buitenlandse markt;
- Het aanhouden,het verhandelen van aandelen van vennootschappen,welk voorwerp deze vennootschappen ook mochten hebben.
- Coördinatiebureau voor de bouw.
- Alle isolatiewerkzaamheden,gevelrenovaties en advies inzake isolatie en isolatietoepassingen in de meest ruime zin
- Controle en toezicht op bouwwerven;
- Alle roerende,onroerende of financiële verrichtingen die nodig zijn voor verwezenlijking van haar voorwerp
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Beekstraat 36 registered office 9600 Ronse | 12-07-2024 | 2.361.692.553 |
Buildings and parcels at the address
- Ground area
- 933 m²
- Buildings
- 209 m²
- Volume, LiDAR
- 1,491 m³
- Tallest building
- 13.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45041B0799/00M000 | 933 m² | 1 · 209 m² | 13.8 m · 2 |
Contact
E-mail
giovanni.buyssens@gmail.com
Invoicing and payment
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. Use the enterprise number 1011.494.026