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GIOKO CONSTRUCT

Active
Private limited company·Overige gespecialiseerde bouwactiviteiten, neg· 5 yrs active
Zwijnaardsesteenweg 44 ·9000 Gent, Belgium
KBO/BCE: BE 0764.316.349
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GIOKO CONSTRUCT is 2.4% (moderate). The 2024 annual accounts show equity of €32k and a net result of €14k. Equity is growing by ~84.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 11077 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€225k-41.8%
EBIT margin9.7%+5.8pp
Net result€14k+240.3%
Working capital€32k+100.9%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro
€0€100k€200k€300k€400kRevenue 2021: €197k€197kOperating result 2021: €9k€9kNet result 2021: €5k€5kRevenue 2022: €288k€288kOperating result 2022: €10k€10kNet result 2022: €3k€3kRevenue 2023: €386k€386kOperating result 2023: €15k€15kNet result 2023: €4k€4kRevenue 2024: €225k€225kOperating result 2024: €22k€22kNet result 2024: €14k€14k2021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~84.2%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k€200k2025: €56k (€53k - €58k)2026: €103k (€100k - €105k)2027: €190k (€187k - €192k)2021: €5k2022: €9k2023: €16k2024: €32k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 56.8% 40.9%
better than 69% of 11077 sector peers
Net result €14k €11k
better than 55% of 11059 sector peers
Equity €32k €34k
better than 48% of 11080 sector peers
Gross operating margin €22k €35k
better than 37% of 11050 sector peers
Staff costs €173 €24k
higher than 9% of 4034 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P69
2021: P27 · n=35032022: P36 · n=64892023: P39 · n=90682024: P69 · n=110772021 2024
Improving position over 2021-2024 · n=3503-11077
Net result P55
2021: P34 · n=34942022: P28 · n=64742023: P33 · n=90532024: P55 · n=110592021 2024
Improving position over 2021-2024 · n=3494-11059
Equity P48
2021: P17 · n=35062022: P22 · n=64952023: P31 · n=90742024: P48 · n=110802021 2024
Improving position over 2021-2024 · n=3506-11080
Gross operating margin P37
2021: P23 · n=34942022: P21 · n=64682023: P29 · n=90432024: P37 · n=110502021 2024
Improving position over 2021-2024 · n=3494-11050
Describes the position versus peers, not a forecast.
Revenue
€225k
-41.8% -43% vs sector
Net profit
€14k
+240.3% +3% vs sector
Total assets
€56k
+8.4% -63% vs sector
Equity
€32k
+100.9% -62% vs sector
Working capital
€32k
+100.9% -58% vs sector
Staff costs
€173
+39.6% -100% vs sector
Income taxes
€5k
+175.5% +62% vs sector
Debt
€24k
-32.5% -65% vs sector
Debt ≤ 1y
€24k
-32.5% -50% vs sector
Current ratio
2.31
+60.5% +5% vs sector
Quick ratio
2.31
+60.5% +9% vs sector
Solvency
56.8%
+85.4% +5% vs sector
Debt / equity
0.76
-66.4% -25% vs sector
ROE
45.5%
+69.4% +105% vs sector
ROA
25.8%
+214.0% +116% vs sector
Net margin
6.4%
+484.3% +81% vs sector
Figures by fiscal year
Fiscal year2024
Revenue€225k
EBITDA-
Net profit€14k
Cash flow-
Staff costs€173
Income taxes€5k
Dividends-
Total assets€56k
Equity€32k
Debt€24k
of which ≤ 1y€24k
of which > 1y-
Working capital€32k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.31
Quick ratio2.31
Working capital ratio56.8%
Solvency56.8%
Debt / equity0.76
Long-term debt ratio-
Interest coverage-
Gross margin10.0%
Net margin6.4%
ROA25.8%
ROE45.5%
EBITDA margin-
Days sales outstanding65d
Days payable outstanding17d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€56k
Current assets 29/58€56k
Amounts receivable within one year 40/41€50k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€56k
Equity 10/15€32k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€27k
Amounts payable 17/49€24k
Amounts payable within one year 42/48€24k
Trade debts payable within one year 44€9k
Income statement
Turnover 70€225k
Gross operating margin 9900€22k
Operating result 9901€22k
Financial income 75€117
Financial charges 65€3k
Result before taxes 9903€19k
Income taxes 67/77€5k
Net result for the period 9904€14k
Result to be appropriated 9905€14k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
146 companies at this address See who is registered here

Establishment units

1 location
GIOKO CONSTRUCT
François Beeckmansstraat 15, 1083 GanshorenExploitatie van bossen : houthakken en de productie van onbewerkt hout als mijnhout, gekloofde staken, palen en brandhout
since 20212.313.824.736
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area313 m²
Buildings2
Building footprint282 m²
Volume (LiDAR)2,724 m³
Tallest building17.9 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0052/00R006 Flanders 214 m² 1 · 202 m² 11.8 m · 3 fl.
21008A0114/00B003 Brussels 99 m² 1 · 80 m² 17.9 m · 5 fl.
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.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability78Solvency98Growth68Stability94
86 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 78
Solvency 98
Growth 68
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL GIOKO CONSTRUCT
Registered office
Zwijnaardsesteenweg 44
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.