Skip to content

GJ Construct

Active
Private limited companyfounded 201015 yrs activeHoge Mauw 1310, 2370 Arendonk, BelgiumKBO/BCE: BE 0831.642.861
Summary

The computed 12-month bankruptcy probability of GJ Construct is 2.6% (moderate). The 2025 annual accounts show negative equity (-€6,941) and a net result of -€21,300. Equity is shrinking by ~9.5% per year across the filed fiscal years. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-100
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51; short-term debt: 195.4% and cash: 100% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2025
Solvency, return and age of the figures
Solvency
-95.4%
Return on assets
-292.6%
Age of the figures
18 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192122232425
2018 to 2025 · latest year -€6,941
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
91 d late
2023
7 d early
2022
38 d early
2021
19 d early
2019
13 d late
2018
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
neutral · 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

History

GJ Construct was incorporated on 1 December 2010.1 Total assets fell from EUR 36,252 in 2018 to EUR 7,279 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
-€6,941
2024 · €14,359
Total assets
€7,279▼ 49.3%
2024 · €14,359
Net result
-€21,300▼ 127%
2024 · -€9,385
Working capital
-€6,941
2023 · €131,743
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,890-€81,738€75,996▼ 7.0%-€9,358-€18,642▼ 99.2%
Net result-€5,732-€60,269€49,896▼ 17.2%-€9,385-€21,300▼ 127%
Equity€21,578-€81,847▲ 279%€131,743▲ 61.0%€14,359▼ 89.1%-€6,941
Total assets€499,135-€85,154▼ 82.9%€174,364▲ 105%€14,359▼ 91.8%€7,279▼ 49.3%
Debt€477,557-€3,307▼ 99.3%€42,621▲ 1,189%€14,219
Working capital€24,135-€81,847▲ 239%€131,743▲ 61.0%-€6,941
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Equity -89%, Total assets -92% on 2023. Cause not known from the registers.
  • 2022 Total assets -83% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: -€2,890-€2,890Net result 2021: -€5,732-€5,732Operating result 2022: €81,738€81,738Net result 2022: €60,269€60,269Operating result 2023: €75,996€75,996Net result 2023: €49,896€49,896Operating result 2024: -€9,358-€9,358Net result 2024: -€9,385-€9,385Operating result 2025: -€18,642-€18,642Net result 2025: -€21,300-€21,30020212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: €75,996€76,000Net result 2023: €49,896€49,900Operating result 2024: -€9,358-€9,360Net result 2024: -€9,385-€9,380Operating result 2025: -€18,642-€18,600Net result 2025: -€21,300-€21,300202320242025
The operating result stays negative: a loss of €18,642 in 2025 against €9,358 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Solvency
-95.4%▼
2024 · 100.0%
Current ratio
0.51
Debt to equity
-2.05
ROA
-292.6%▼
2024 · -65.4%
Debt ≤ 1 year
€14,219
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.1% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,359€7,279▼
Current assets29/58€14,359€7,279▼
Cash at bank and in hand54/58€14,359€7,279▼
Equity and liabilities
Total equity and liabilities10/49€14,359€7,279▼
Equity10/15€14,359-€6,941▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€4,241-€25,541▼
Amounts payable17/49-€14,219
Amounts payable within one year42/48-€14,219
Other amounts payable47/48-€14,219
Income statement Code20242025
Other operating charges640/8€1,669€8,355▲
Gross operating margin9900-€7,689-€10,288▼
Operating profit (loss)9901-€9,358-€18,642▼
Financial charges65/66B€63€2,657▲
Recurring financial charges65€63€2,657▲
Profit (loss) for the period before taxes9903-€9,421-€21,300▼
Income taxes67/77-€37-
Profit (loss) for the period9904-€9,385-€21,300▼
Profit (loss) for the period to be appropriated9905-€9,385-€21,300▼
Appropriation of the result
Profit (loss) to be appropriated9906€97,286-€25,541▼
Profit (loss) brought forward from the previous period14P€106,670-€4,241▼
Transfer from equity791/2€6,473-
Profit to be distributed694/7€108,000-
Return on contributions (dividend)694€108,000-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€539€540€1,669€8,355▲ 401%
Gross operating margin9900-€2,443€82,276€76,536-€7,689-€10,288▼ 33.8%
Operating profit (loss)9901-€2,890€81,738€75,996-€9,358-€18,642▼ 99.2%
Recurring financial income75€15-----
Financial charges65/66B-€6,161€8,618€63€2,657▲ 4,099%
Recurring financial charges65€2,856€6,161€8,618€63€2,657▲ 4,099%
Profit (loss) for the period before taxes9903-€5,732€75,576€67,379-€9,421-€21,300▼ 126%
Income taxes67/77-€15,307€17,482-€37--
Profit (loss) for the period9904-€5,732€60,269€49,896-€9,385-€21,300▼ 127%
Profit (loss) for the period to be appropriated9905-€5,732€60,269€49,896-€9,385-€21,300▼ 127%
Line20212022202320242025Change
Assets
Total assets20/58€499,135€85,154€174,364€14,359€7,279▼ 49.3%
Current assets29/58€499,135€85,154€174,364€14,359€7,279▼ 49.3%
Stocks and contracts in progress3€492,934-----
Amounts receivable within one year40/41€31€48,374€25,732---
Trade receivables40-€48,374€25,732---
Cash at bank and in hand54/58€6,170€36,780€144,815€14,359€7,279▼ 49.3%
Deferred charges and accrued income490/1--€3,817---
Equity and liabilities
Total equity and liabilities10/49€499,135€85,154€174,364€14,359€7,279▼ 49.3%
Equity10/15€21,578€81,847€131,743€14,359-€6,941▼ 148%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€6,473€6,473€6,473---
Distributable reserves133-€6,473€6,473---
Profit (loss) carried forward14-€3,495€56,774€106,670-€4,241-€25,541▼ 502%
Amounts payable17/49€477,557€3,307€42,621-€14,219-
Amounts payable within one year42/48€475,000€3,307€42,621-€14,219-
Trade debts44--€33,831---
Suppliers440/4--€33,831---
Taxes, remuneration and social security45-€3,307€8,789---
Taxes450/3-€3,307€8,789---
Other amounts payable47/48----€14,219-
Line20212022202320242025Change
Profit (loss) for the period9904-€5,732€60,269€49,896-€9,385-€21,300▼ 127%
Operating cash flow (approximation)-€5,732€60,269€49,896-€9,385-€21,300▼ 127%
Change in cash-€30,610€108,035-€130,456-€7,080▲ 94.6%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Weakest financial yearnet -€21,300
Net result drops to -€21,300, the lowest in the series.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 91 days late
2023
24-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Equity above €100,000Eq €131,743 ▲61%
2 profitable years in a row build equity to €131,743.
2022
23-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Back to profitnet €60,269
Net result €60,269 after 3 loss-making years.
31-03
Financial Liquidity times 25current ratio 25.75
Current ratio from 1.05 to 25.75; short-term debt falls from €475,000 to €3,307.
2021
12-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Arendonk · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
819 m²
Building footprint
519 m²
Volume, LiDAR
3,501 m³
Parcel 13322C1198/00F002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Hoge Mauw 1310, 2370 Arendonk
Real estate activities
since 20102.194.425.357
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13322C1198/00F002 Flanders 819 m² 1 · 519 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-12-2010
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID 0208:0831642861
Also 9925:BE0831642861
Registered 10-09-2025

Register as of 27 September 2026 · Peppol Directory

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