Liquidity
Short-term debts fell from €35,042 to €12,218.
Short-term debts fell from €35,042 to €12,218.
Nine of the last ten came late. The 2023 accounts came latest: 90 days after the end of the period.
Higher solvency than 94% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.
In July 2024, 34,691 companies had the same profile as GIOCONSTRUCT has now. Each dot stands for 87 companies, two years later.
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.
| 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.
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.
| 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.
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.
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.
Higher than 95% of 10,152 companies in 2025.
Higher than 95% of 9,863 companies in 2025.
Higher than 52% of 9,951 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
134,212 | 148,402 | 176,723 | 122,585 | 106,660 | 91,955 | 127,383 | 90,731 | 87,317 | 89,652 | 65,733 | 72,746 | |
21/28 |
177 | 523 | 869 | - | - | - | - | - | - | - | - | - | |
22/27 |
177 | 523 | 869 | - | - | - | - | - | - | - | - | - | |
24 |
177 | 523 | 869 | - | - | - | - | - | - | - | - | - | |
29/58 |
134,035 | 147,879 | 175,854 | 122,585 | 106,660 | 91,955 | 127,383 | 90,731 | 87,317 | 89,652 | 65,733 | 72,746 | |
40/41 |
124,565 | 129,596 | 120,893 | 115,687 | 90,905 | 69,669 | 121,707 | 87,609 | 74,756 | 76,542 | 59,632 | 57,068 | |
40 |
56,020 | 63,426 | 68,107 | 74,777 | 55,708 | 44,929 | 84,284 | 53,204 | 43,310 | 74,706 | 56,225 | 47,075 | |
41 |
68,545 | 66,170 | 52,787 | 40,911 | 35,197 | 24,741 | 37,423 | 34,405 | 31,446 | 1,836 | 3,407 | 9,993 | |
54/58 |
7,861 | 7,369 | 9,175 | 6,897 | 15,024 | 21,555 | 4,945 | 3,123 | 12,561 | 11,810 | 6,101 | 15,678 | |
490/1 |
1,609 | 10,914 | 45,785 | - | 731 | 731 | 731 | - | - | 1,300 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
134,212 | 148,402 | 176,723 | 122,585 | 106,660 | 91,955 | 127,383 | 90,731 | 87,317 | 89,652 | 65,733 | 72,746 | |
10/15 |
121,371 | 111,473 | 98,719 | 92,569 | 90,305 | 86,849 | 90,228 | 82,614 | 77,049 | 70,994 | 39,742 | 38,581 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
24,511 | 14,614 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,410 | 1,350 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,410 | 1,350 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
22,651 | 12,754 | - | - | - | - | - | - | - | - | - | - | |
14 |
84,459 | 84,459 | 84,459 | 78,309 | 76,045 | 72,589 | 75,968 | 68,354 | 62,789 | 56,734 | 25,932 | 24,831 | |
17/49 |
12,842 | 36,929 | 78,004 | 30,015 | 16,355 | 5,107 | 37,155 | 8,118 | 10,268 | 18,658 | 25,991 | 34,165 | |
42/48 |
12,218 | 35,042 | 75,410 | 29,093 | 13,933 | 2,570 | 36,035 | 6,429 | 8,803 | 17,188 | 24,521 | 32,695 | |
44 |
1,303 | 25,008 | 57,025 | 28,893 | 11,333 | 2,570 | 11,008 | 6,429 | 8,803 | 8,424 | 19,231 | 8,055 | |
440/4 |
1,303 | 25,008 | 57,025 | 28,893 | 11,333 | 2,570 | 11,008 | 6,429 | 8,803 | 8,424 | 19,231 | 8,055 | |
46 |
- | - | - | - | - | - | 25,027 | - | - | 4,240 | 4,240 | 24,040 | |
45 |
10,915 | 10,034 | 18,385 | 200 | 2,600 | - | - | - | - | 874 | 1,050 | 600 | |
450/3 |
10,915 | 9,785 | 18,385 | - | - | - | - | - | - | 874 | 1,050 | 600 | |
454/9 |
- | 249 | - | 200 | 2,600 | - | - | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | - | - | - | 3,650 | - | - | |
492/3 |
624 | 1,887 | 2,593 | 923 | 2,422 | 2,536 | 1,120 | 1,689 | 1,465 | 1,470 | 1,470 | 1,470 | |
| Income statement | |||||||||||||
9900 |
13,022 | 19,116 | 9,879 | 2,760 | 5,902 | 2,145 | 9,697 | 16,234 | 8,909 | 31,493 | 23,821 | 27,313 | |
62 |
- | 942 | - | - | - | - | - | - | - | - | - | - | |
630 |
346 | 346 | 169 | - | - | - | - | - | - | - | - | - | |
631/4 |
- | - | - | - | - | - | - | - | - | - | 13,137 | - | |
640/8 |
662 | 62 | 125 | 124 | 216 | 216 | 62 | 62 | 273 | 62 | 313 | 960 | |
9901 |
12,014 | 17,766 | 9,585 | 2,636 | 5,686 | 1,928 | 9,635 | 16,172 | 8,636 | 31,431 | 10,371 | 26,353 | |
75/76B |
3,342 | 3,091 | 15 | 189 | - | - | 2 | 0 | 2 | - | - | - | |
75 |
3,342 | 3,091 | 15 | 189 | - | - | 2 | 0 | 2 | - | - | - | |
65/66B |
1,350 | 710 | 280 | 162 | 139 | 59 | 40 | 41 | 178 | 179 | 47 | 172 | |
65 |
1,350 | 710 | 280 | 162 | 139 | 59 | 40 | 41 | 178 | 179 | 47 | 172 | |
9903 |
14,006 | 20,147 | 9,320 | 2,663 | 5,546 | 1,869 | 9,597 | 16,131 | 8,460 | 31,252 | 10,323 | 26,181 | |
67/77 |
4,109 | 7,393 | 3,170 | 399 | 2,090 | 5,249 | 1,982 | 10,566 | 2,405 | - | 9,162 | - | |
9904 |
9,897 | 12,754 | 6,150 | 2,264 | 3,456 | -3,380 | 7,615 | 5,565 | 6,055 | 31,252 | 1,161 | 26,181 | |
9905 |
9,897 | 12,754 | 6,150 | 2,264 | 3,456 | -3,380 | 7,615 | 5,565 | 6,055 | 31,252 | 1,161 | 26,181 | |
| Appropriation of the result | |||||||||||||
9906 |
94,357 | 97,213 | 84,459 | 78,309 | 76,045 | 72,589 | 75,968 | 68,354 | 62,789 | 57,184 | 25,992 | 26,181 | |
14P |
84,459 | 84,459 | 78,309 | 76,045 | 72,589 | - | - | - | - | - | - | - | |
691/2 |
9,897 | 12,754 | - | - | - | - | - | - | - | 450 | 60 | 1,350 | |
6920 |
9,897 | 12,754 | - | - | - | - | - | - | - | 450 | 60 | 1,350 | |
| Document | |||||||||||||
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.
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 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00286447 | |
| 31-12-2023 | micro format | 29-10-2024 | 2024-00528270 | |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00476999 | |
| 31-12-2021 | micro format | 12-08-2022 | 2022-20292323 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-49700285 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-42700260 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51200141 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59300181 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-59600359 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-54900256 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54000129 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,360 | 18,112 | 9,754 | - | - | - | - | - | - | - | - | - | ||
| 10,243 | 13,100 | 6,319 | - | - | - | - | - | - | - | - | - | ||
| 0 | 0 | 1,038 | - | - | - | - | - | - | - | - | - | ||
| 492 | -1,806 | 2,278 | -8,127 | -6,531 | 16,610 | 1,822 | -9,438 | 751 | 5,709 | -9,576 | - | ||
| 121,817 | 112,837 | 100,443 | 93,492 | 92,728 | 89,385 | 91,348 | 84,302 | 78,514 | 72,464 | 41,212 | 40,051 | ||
| 90.4% | 75.1% | 55.9% | 75.5% | 84.7% | 94.4% | 70.8% | 91.1% | 88.2% | 79.2% | 60.5% | 53.0% | ||
| 10.97 | 4.22 | 2.33 | 4.21 | 7.66 | 35.78 | 3.53 | 14.11 | 9.92 | 5.22 | 2.68 | 2.22 | ||
| 0.11 | 0.33 | 0.79 | 0.32 | 0.18 | 0.06 | 0.41 | 0.10 | 0.13 | 0.26 | 0.65 | 0.89 | ||
| 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% | ||
| 9.16 | 25.53 | 34.80 | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,038 | - | - |
| €346 | €346 | €169 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
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.
GIOCONSTRUCT has no parent and no holdings in its annual accounts. is the only director. GIOCONSTRUCT shares no director with another company.
| 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 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kabbeekvest 4 registered office 3300 Tienen | 10-10-2013 | 2.223.534.067 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24593H0001/00G000 | 42 m² | 1 · 38 m² | 10.9 m · 3 |
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
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