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GIOCONSTRUCT

Active Private limited company (pre-2019)founded 2013active for 13 yearsKabbeekvest 4, 3300 TienenKBO/BCE: BE 0540.699.675

Overview

Lifetime

12 annual accounts with figures on one time axis
peak €31,493 (2016)
€13,022▼ 31.9%
lowest -€3,380 (2020)
€9,897▼ 22.4%
peak €121,371 (2025)
€121,371▲ 8.9%
€12,842▼ 65.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €19,116 to €13,022Debts from €36,929 to €12,842

Key points

from the 2025 annual accounts

Liquidity

10.97 was 4.22 in 2024

Short-term debts fell from €35,042 to €12,218.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2023 accounts came latest: 90 days after the end of the period.

Position in the sector

90.4%

Higher solvency than 94% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as GIOCONSTRUCT has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 34,691 companies, not a prediction for GIOCONSTRUCT. 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 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

Board and ownership

Director
Board & ownership

Recent changes

Resignation: (manager) Reappointment: (director) · Director discharge: · Gazette deed
Registered office moved from Sint-Truiden to Tienen New registered office: Kabbeekvest 4, 3300 Tienen · Previous registered office: Brustemdorp 91 bus 101, 3800 Sint-Truiden · General meeting of 22-02-2022 · Gazette deed
Incorporation published on 21-10-2013 · Gazette deed
First establishment Kabbeekvest 4, Tienen
All 22 events

Comparable companies

same main activity, similar in size and age
Company
GIOCONSTRUCT Tienen €134,212 €13,022 90.4% -
ONYX 7 Ternat €133,965 €11,837 72.9% -
BBT ENERGY Wezembeek-Oppem €162,655 €11,922 28.4% -
BUIJS PROJECT BELGIE Kapellen €140,001 €13,374 1.0% 1
AD ISOLATION SCS Grez-Doiceau €125,925 €12,179 22.1% -
IKIA CONSTRUCTION Schaerbeek €133,701 €11,304 63.3% -
MINEO INVEST CONSTRUCT Ans €141,499 €14,113 37.9% -

These companies have the same main activity as GIOCONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €126,000 and €163,000, founded between 2012 and 2014.

Official details

Source: KBO
Status
Active since 10-10-2013Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.223.534.0673300 Tienen, since 10-10-2013
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€13,022▼ 31.9%
≈ €160,000estimated
€9,897▼ 22.4%
€121,371▲ 8.9%
€134,212▼ 9.6%
Filing
Filed on 11-08-2026
Financials

Insights on GIOCONSTRUCT

GIOCONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €27,313 in 2014 to €13,022 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 11-08-2026, 11 days late
€13,022
▼ 31.9%
€12,014
▼ 32.4%
€9,897
▼ 22.4%
€121,817
▲ 8.0%
90.4%
▲ 15.3 percentage points
10.97
▲ 6.75

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 ≈ €160,000. Estimated: probably between €81,000 and €280,000.

Balance sheet

balance sheet total €134,212 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

90.4%

Higher than 95% of 10,152 companies in 2025.

10.97

Higher than 95% of 9,863 companies in 2025.

7.4%

Higher than 52% of 9,951 companies in 2025.

GIOCONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 134,212148,402176,723122,585106,66091,955127,38390,73187,31789,65265,73372,746
21/28 177523869---------
22/27 177523869---------
24 177523869---------
29/58 134,035147,879175,854122,585106,66091,955127,38390,73187,31789,65265,73372,746
40/41 124,565129,596120,893115,68790,90569,669121,70787,60974,75676,54259,63257,068
40 56,02063,42668,10774,77755,70844,92984,28453,20443,31074,70656,22547,075
41 68,54566,17052,78740,91135,19724,74137,42334,40531,4461,8363,4079,993
54/58 7,8617,3699,1756,89715,02421,5554,9453,12312,56111,8106,10115,678
490/1 1,60910,91445,785-731731731--1,300--
Balance sheet: equity and liabilities
10/49 134,212148,402176,723122,585106,66091,955127,38390,73187,31789,65265,73372,746
10/15 121,371111,47398,71992,56990,30586,84990,22882,61477,04970,99439,74238,581
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------18,60018,60018,60018,60018,60018,600
101 ------6,2006,2006,2006,2006,2006,200
13 24,51114,6141,8601,8601,8601,8601,8601,8601,8601,8601,4101,350
130/1 1,8601,8601,8601,8601,8601,860------
130 ------1,8601,8601,8601,8601,4101,350
1311 1,8601,8601,8601,8601,8601,860------
133 22,65112,754----------
14 84,45984,45984,45978,30976,04572,58975,96868,35462,78956,73425,93224,831
17/49 12,84236,92978,00430,01516,3555,10737,1558,11810,26818,65825,99134,165
42/48 12,21835,04275,41029,09313,9332,57036,0356,4298,80317,18824,52132,695
44 1,30325,00857,02528,89311,3332,57011,0086,4298,8038,42419,2318,055
440/4 1,30325,00857,02528,89311,3332,57011,0086,4298,8038,42419,2318,055
46 ------25,027--4,2404,24024,040
45 10,91510,03418,3852002,600----8741,050600
450/3 10,9159,78518,385------8741,050600
454/9 -249-2002,600-------
47/48 ---------3,650--
492/3 6241,8872,5939232,4222,5361,1201,6891,4651,4701,4701,470
Income statement
9900 13,02219,1169,8792,7605,9022,1459,69716,2348,90931,49323,82127,313
62 -942----------
630 346346169---------
631/4 ----------13,137-
640/8 66262125124216216626227362313960
9901 12,01417,7669,5852,6365,6861,9289,63516,1728,63631,43110,37126,353
75/76B 3,3423,09115189--202---
75 3,3423,09115189--202---
65/66B 1,35071028016213959404117817947172
65 1,35071028016213959404117817947172
9903 14,00620,1479,3202,6635,5461,8699,59716,1318,46031,25210,32326,181
67/77 4,1097,3933,1703992,0905,2491,98210,5662,405-9,162-
9904 9,89712,7546,1502,2643,456-3,3807,6155,5656,05531,2521,16126,181
9905 9,89712,7546,1502,2643,456-3,3807,6155,5656,05531,2521,16126,181
Appropriation of the result
9906 94,35797,21384,45978,30976,04572,58975,96868,35462,78957,18425,99226,181
14P 84,45984,45978,30976,04572,589-------
691/2 9,89712,754-------450601,350
6920 9,89712,754-------450601,350
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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 11-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394143.

Financial year Type Filed Reference Document
31-12-2025 micro format 11-08-2026 2026-00394143 PDF
31-12-2024 micro format 17-07-2025 2025-00286447 PDF
31-12-2023 micro format 29-10-2024 2024-00528270 PDF
31-12-2022 micro format 09-10-2023 2023-00476999 PDF
31-12-2021 micro format 12-08-2022 2022-20292323 PDF
31-12-2020 micro format 18-08-2021 2021-49700285 PDF
31-12-2019 micro format 20-08-2020 2020-42700260 PDF
31-12-2018 micro format 26-08-2019 2019-51200141 PDF
31-12-2017 micro format 31-08-2018 2018-59300181 PDF
31-12-2016 micro format 30-08-2017 2017-59600359 PDF
31-12-2015 abbreviated format 31-08-2016 2016-54900256 PDF
31-12-2014 abbreviated format 31-08-2015 2015-54000129 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
12,36018,1129,754---------
10,24313,1006,319---------
001,038---------
492-1,8062,278-8,127-6,53116,6101,822-9,4387515,709-9,576-
121,817112,837100,44393,49292,72889,38591,34884,30278,51472,46441,21240,051
90.4%75.1%55.9%75.5%84.7%94.4%70.8%91.1%88.2%79.2%60.5%53.0%
10.974.222.334.217.6635.783.5314.119.925.222.682.22
0.110.330.790.320.180.060.410.100.130.260.650.89
8.2%11.4%6.2%2.4%3.8%-3.9%8.4%6.7%7.9%44.0%2.9%67.9%
7.4%8.6%3.5%1.8%3.2%-3.7%6.0%6.1%6.9%34.9%1.8%36.0%
9.1625.5334.80---------

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
Item20252024202320222021
Tangible fixed assets--€1,038--
€346€346€169--

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GIOCONSTRUCT

The operating result for 2025 is 32% lower than in 2024.

Debt's share of the balance-sheet total falls from 24.9% to 9.6%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2024
Director (not named in the articles)
in office according to the deed of 29-07-2024 term without a fixed end
earlier manager, until 29-07-2024
listed in the 2025 annual accounts, filed on 11-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), since before 31-12-2021
    • Manager, until 29-07-2024

See the board, name and registered office on a given date →

Control

Capital

Contribution
€12,400
Source
2025 annual accounts

Articles of association

deed of 29-07-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Vermelde prijs of bij betwisting door deskundige, helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of June at 18:00

Network & group

No group

GIOCONSTRUCT has no parent and no holdings in its annual accounts. is the only director. GIOCONSTRUCT shares no director with another company.

At the same address

Kabbeekvest 4, 3300 Tienen · 3 other companies
THREATINTEL
establishment since 10-03-2023 · founded in 2023
turnover €146,100 (2025)
0799.417.778
TelKom
registered office since 28-07-2017 · founded in 2017
total assets €377,864 (2025)
0678.971.987
EUROPEAN GEM ASSOCIATION
establishment since 17-09-2021 · founded in 2021 · accounts filed late
total assets €82,161 (2024)
0774.288.147

Timeline

Timeline

22 events since 2013

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 11 days late
2025
Liquidity more than doubled current ratio 10.97 The current ratio rises from 4.22 to 10.97. Short-term debt falls from €35,042 to €12,218.
Annual accounts 2024 filed PDFmicro format · 14 days before the deadline
2024
Equity above €100,000 equity €111,473 ▲12.9% After 4 profitable years in a row, equity reaches €111,473.
Annual accounts 2023 filed PDFmicro format · 90 days late
Resignation: (manager)Reappointment: (director) · Director discharge: 5 points ▸
  • Director resignation, (manager)
  • Director reappointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, Kabbeekvest 4, 3300 Tienen
  • Power of attorney,
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 70 days late
2022
Annual accounts 2021 filed PDFmicro format · 12 days late
Registered office moved from Sint-Truiden to TienenNew registered office: Kabbeekvest 4, 3300 Tienen · Previous registered office: Brustemdorp 91 bus 101, 3800 Sint-Truiden · General meeting of 22-02-20222 points ▸
  • General meeting, 22-02-2022
  • Registered-office move, Kabbeekvest 4, 3300 Tienen

Open the deed in the Belgian Official Gazette

2021
Back to profit net €3,456 The net result is €3,456, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 18 days late
2020
Weakest financial year net -€3,380 The net result drops to -€3,380, the lowest from 2014 to 2025. It recovers the following year.
Liquidity more than 10 times current ratio 35.78 The current ratio rises from 3.53 to 35.78. Short-term debt falls from €36,035 to €2,570.
Annual accounts 2019 filed PDFmicro format · 20 days late
2019
Annual accounts 2018 filed PDFmicro format · 26 days late
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Highest result from 2014 to 2025 net €31,252 ▲2,591% The operating result of €31,431 and the net result of €31,252 are both a record.
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2013
Incorporation PDFpublished on 21-10-2013
First establishment Kabbeekvest 4, Tienen

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

GIOCONSTRUCT was incorporated on 10 October 2013.1 The registered office was moved to Tienen in 2022.2 Total assets rose from €90,731 in 2018 to €134,212 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-04-2022
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0540.699.675
VAT number
BE 0540.699.675
Peppol ID
0208:0540699675
Other Peppol ID
9925:BE0540699675
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
10-10-2013
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of June at 18:00
deed of 29-07-2024 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
GIOCONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-07-2024 (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.
“Vlaams Gewest”
deed of 29-07-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41203 Construction of residential and non-residential buildings
43390 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Algemene bouwwerken, en alles aanverwant, in de ruimste zin van het woord, elektriciteitswerken, ververij, loodgieterij dakwerken…”
21 activities
  1. Algemene bouwwerken, en alles aanverwant, in de ruimste zin van het woord, elektriciteitswerken, ververij, loodgieterij dakwerken, plakwerken, plaatsen van glas, zonder dat deze lijst limitatief is.
  2. Makelaardij in alle mogelijke sectoren.
  3. Aanleg en onderhoud tuinen, parken, terrassen, en alle activiteiten die hier verband mee houden, in de meest uitgebreide zin van het woord.
  4. Horeca, in de ruimste zin van het woord.
  5. Import & export, groot en kleinhandel bouwmaterialen, tuinmaterialen decoratieartikelen, alles in verband met verlichting, zwembaden en toebehoren, vijvers, huisdieren, textiel & kleding, juwelen, leer, schoeisel, parfumerie, horloges, zowel nieuw als tweedehands, zonder dat deze lijst limitatief is.
  6. Import & export, groot en kleinhandel, verhuur reparatie onderhoud van speelautomaten, elektronica, elektrische apparaten & aanverwanten.
  7. Derden transport , zowel personen als goederen, nationaal internationaal, ter land, water en in de lucht.
  8. Nachtwinkels.
  9. Import & export groot en kleinhandel van communicatiemiddelen, beeld- en geluidsdragers in de ruimste zin van het woord.
  10. IT & Webservices en aanverwanten, in de ruimste zin van het woord
  11. Productie van communicatiedragers & lijnen, in de ruimste zin van het woord.
  12. Uitbating van communicatie winkels, verhuur van communicatiedragers en lijnen.
  13. Import & export, groot en kleinhandel medische apparatuur & middelen, goederen op basis van petroleum, metallurgie, voedingsmiddelen en aanverwanten.
  14. Reisagentschappen, douaneklaringen, huwelijkbureaus , humanresourceskantoren.
  15. Uitbating bakkerij en, beenhouwerijen, viswinkels, delicatessenzaken, voedingswinkel algemeen aanbod, onbeperkt in ruimte, wassalons, fotostudio's, kunstgalerijen.
  16. Uitbating kranten - en boekenwinkels, sigaretten & nutsartikelen.
  17. Realisaties & producties audiovisuele sector, uitgeverij.
  18. Import & export, groot en kleinhandel, verhuur, reparatie onderhoud van motorrijtuigen, volledig assortiment.
  19. Uitbating carwash.
  20. Schrijnwerkerij.
  21. Patrimonium - en managementactiviteiten.
deed of 29-07-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kabbeekvest 4 registered office 3300 Tienen 10-10-2013 2.223.534.067
1 former office
  • Brustemdorp 91 bus 101, 3800 Sint-Truiden until the deed of 19-04-2022

Buildings and parcels at the address

Ground area
42 m²
Buildings
38 m²
Volume, LiDAR
371 m³
Tallest building
10.9 m
Buildings to scale, each on its own parcel
38 m², 10.9 m 38 m², 10.9 m

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
24593H0001/00G00042 m² 1 · 38 m² 10.9 m · 3

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 0540.699.675