GISOCOM CONSTRUCT

Active

Private limited companyfounded 20223 yrs activeKoning Albert II-laan 4, 1000 Brussel, BelgiumKBO/BCE: BE 0795.445.035

Summary

The computed 12-month bankruptcy probability of GISOCOM CONSTRUCT is 6.7% (elevated). The 2024 annual accounts show equity of €50k and a net result of €10k. Its solvency ranks better than 59% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

GISOCOM CONSTRUCTActiveChecked score 51/100

Risk analysis Report Compare

Checked score

Score 2024

51 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▼-29

Solvency80▲+13

Growth68

Track record94

Bankruptcy probability, 12 months

6.7% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days only on tighter terms

Liquidity ample (current ratio 1.83 against 1.34 in 2023; short-term debt: 45.2% and cash: 4.7% of total assets), and 45.2% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

54.8%

Return on assets

10.7%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

65 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€414k▲ 39.2%

2023 · €297k

2023: €297k 2024: €414k▲ +39.2% vs 2023

2023 → 2024

EBIT margin

3.7%▼ 13.9pp

2023 · 17.6%

2023: 17.6% 2024: 3.7%▼ -79.0% vs 2023

2023 → 2024

Net result

€10k▼ 75.1%

2023 · €39k

2023: €39k 2024: €10k▼ -75.1% vs 2023

2023 → 2024

Working capital

€34k▲ 87.3%

2023 · €18k

2023: €18k 2024: €34k▲ +87.3% vs 2023

2023 → 2024

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Turnover€297k-€414k▲ 39.2% 2023: €297k 2024: €414k▲ +39.2% vs 2023

Equity€40k-€50k▲ 24.3% 2023: €40k 2024: €50k▲ +24.3% vs 2023

Operating result€52k-€15k▼ 70.7% 2023: €52k 2024: €15k▼ -70.7% vs 2023

Net result€39k-€10k▼ 75.1% 2023: €39k 2024: €10k▼ -75.1% vs 2023

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 71% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €91k

17.1%

82.9%

Fixed assets €16k ▼ 28.5%

Current assets €76k ▲ 3.7%

Equity and liabilities €91k

54.8%

45.2%

Equity €50k ▲ 24.3%

Debt €41k ▼ 24.3%

Debt's share of the balance-sheet total falls from 57.6% to 45.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€24k▼

2023 · €55k

Cash flow

€18k▼

2023 · €41k

Current ratio

1.83▲

2023 · 1.34

Debt to equity

0.83▼

2023 · 1.36

ROE

19.5%▼

2023 · 97.5%

ROA

10.7%▼

2023 · 41.4%

Interest coverage

44.95▼

2023 · 5527.06

Debt ≤ 1 year

€41k▼

2023 · €55k

Income taxes

€5k▼

2023 · €13k

Staff costs

€823▼

2023 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Balance sheet Code20232024

Assets

Total assets20/58€95k€91k▼

Fixed assets21/28€22k€16k▼

Tangible fixed assets22/27€22k€16k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€20k€14k▼

Current assets29/58€73k€76k▲

Amounts receivable within one year40/41€57k€71k▲

Trade receivables40€51k€64k▲

Other amounts receivable41€6k€7k▲

Cash at bank and in hand54/58€15k€4k▼

Deferred charges and accrued income490/1€637€637=

Equity and liabilities

Total equity and liabilities10/49€95k€91k▼

Equity10/15€40k€50k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€39k€49k▲

Amounts payable17/49€55k€41k▼

Amounts payable within one year42/48€55k€41k▼

Trade debts44€29k€10k▼

Suppliers440/4€29k€10k▼

Taxes, remuneration and social security45€16k€20k▲

Taxes450/3€16k€20k▲

Other amounts payable47/48€9k€11k▲

Income statement Code20232024

Turnover70€297k€414k▲

Non-recurring operating income76A€75€2k▲

Goods, raw materials, services and sundry goods60/61€241k€389k▲

Remuneration, social security and pensions62€1k€823▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲

Other operating charges640/8€58€3k▲

Gross operating margin9900€56k€27k▼

Operating profit (loss)9901€52k€15k▼

Financial income75/76B€0€0=

Recurring financial income75€0€0=

Financial charges65/66B€10€526▲

Recurring financial charges65€10€526▲

Profit (loss) for the period before taxes9903€52k€15k▼

Income taxes67/77€13k€5k▼

Profit (loss) for the period9904€39k€10k▼

Profit (loss) for the period to be appropriated9905€39k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€39k€49k▲

Profit (loss) brought forward from the previous period14P-€39k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2023	2024	Change
Turnover70	€297k	€414k	▲ 39.2%
Non-recurring operating income76A	€75	€2k	▲ 2,984%
Goods, raw materials, services and sundry goods60/61	€241k	€389k	▲ 61.1%
Remuneration, social security and pensions62	€1k	€823	▼ 39.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€2k	€8k	▲ 274%
Other operating charges640/8	€58	€3k	▲ 4,970%
Gross operating margin9900	€56k	€27k	▼ 51.1%
Operating profit (loss)9901	€52k	€15k	▼ 70.7%
Financial income75/76B	€0	€0	=
Recurring financial income75	€0	€0	=
Financial charges65/66B	€10	€526	▲ 5,228%
Recurring financial charges65	€10	€526	▲ 5,228%
Profit (loss) for the period before taxes9903	€52k	€15k	▼ 71.7%
Income taxes67/77	€13k	€5k	▼ 61.6%
Profit (loss) for the period9904	€39k	€10k	▼ 75.1%
Profit (loss) for the period to be appropriated9905	€39k	€10k	▼ 75.1%

Line	2023	2024	Change
Assets
Total assets20/58	€95k	€91k	▼ 3.7%
Fixed assets21/28	€22k	€16k	▼ 28.5%
Tangible fixed assets22/27	€22k	€16k	▼ 28.5%
Plant, machinery and equipment23	€2k	€1k	▼ 40.2%
Furniture and vehicles24	€20k	€14k	▼ 27.3%
Current assets29/58	€73k	€76k	▲ 3.7%
Amounts receivable within one year40/41	€57k	€71k	▲ 24.2%
Trade receivables40	€51k	€64k	▲ 26.1%
Other amounts receivable41	€6k	€7k	▲ 9.1%
Cash at bank and in hand54/58	€15k	€4k	▼ 72.0%
Deferred charges and accrued income490/1	€637	€637	=
Equity and liabilities
Total equity and liabilities10/49	€95k	€91k	▼ 3.7%
Equity10/15	€40k	€50k	▲ 24.3%
Contributions10/11	€1k	€1k	=
Profit (loss) carried forward14	€39k	€49k	▲ 24.9%
Amounts payable17/49	€55k	€41k	▼ 24.3%
Amounts payable within one year42/48	€55k	€41k	▼ 24.3%
Trade debts44	€29k	€10k	▼ 64.7%
Suppliers440/4	€29k	€10k	▼ 64.7%
Taxes, remuneration and social security45	€16k	€20k	▲ 28.0%
Taxes450/3	€16k	€20k	▲ 28.0%
Other amounts payable47/48	€9k	€11k	▲ 12.7%

Line	2023	2024	Change
Profit (loss) for the period9904	€39k	€10k	▼ 75.1%
+ Depreciation and write-downs630	€2k	€8k	▲ 274%
Operating cash flow (approximation)	€41k	€18k	▼ 56.4%
Investment in fixed assets (approximation)	-	€-2k	-
Change in cash	-	€-11k	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 2Filings 2

2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 27 days late

2024

04-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 65 days late

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brussel · 2 establishment units since 2022

seat establishment All 2 establishment units on the map

Ground area

9,898 m²

Building footprint

3,147 m²

Volume, LiDAR

108,349 m³

2 parcels, Brussels · tallest building 61.6 m, ±9 floors. Linked by address, not a title deed.

109 companies at this address See who is registered here

2 establishment units

GISOCOM CONSTRUCT

Félix Marchallaan 110, 1030 SchaarbeekManufacture of metal structures and parts of structures

since 20222.340.016.419

GISOCOM CONSTRUCT

Koning Albert II-laan 4, 1000 BrusselFinancial service activities, except insurance and pension funding

since 20262.389.668.838

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21813A0484/00G000	Brussels	9,776 m²	1 · 3,052 m²	61.6 m · 9 fl.
21905C0074/00W006	Brussels	122 m²	1 · 94 m²	18.0 m · 4 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

TOP CLASSE

BE 0892.124.836

Anderlecht · Eq €49,981

Machelen (Brab.) · Eq €49,922

Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,086 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded27-12-2022

Fiscal year end31-12

Activities, NACEBEL 2025

43990Other specialised construction activities

81210General cleaning of buildings

Scores and ratios are computed by Checked and are not a credit decision.