Overdue debts
€40,669 on 31-12-2025
The annual accounts state €10,469 of overdue tax debts and €30,200 of overdue social security (RSZ) debts on 31-12-2025.
GKconstruct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €88,105 (2024)
€81,799▼ 7.2%
lowest -€25,664 (2025)
-€25,664▼ €3,830
peak -€16,834 (2024)
-€42,498▼ €25,664
€55,851▲ 74.5%
Board1 name since 2024
1 directorHUIN Giovanni Roger Adolphe
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Loss of €25,664Equity from -€16,834 to -€42,498Debts from €32,014 to €55,851
Key points
from the 2025 annual accountsEquity
-€42,498
Debts exceed assets in financial year 2025.
Losses
-€47,498 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€55,851 418% of the balance sheet
Suppliers 12%Taxes and wages 88%
Staff
3 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Position in the sector
-318.3%
Lower solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
2025 accounts filed 26 days after the deadline
Checked score
35
Weak
Financially stronger than 5% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 3.6%lowest value
03-2025: 3.6%● unchanged vs 02-2025lowest value
04-2025: 3.7%▲ +0.1 percentage points vs 03-2025
05-2025: 4.0%▲ +0.3 percentage points vs 04-2025
06-2025: 4.2%▲ +0.2 percentage points vs 05-2025
07-2025: 4.5%▲ +0.3 percentage points vs 06-2025
08-2025: 4.5%● unchanged vs 07-2025
09-2025: 4.6%▲ +0.1 percentage points vs 08-2025
10-2025: 4.6%● unchanged vs 09-2025
11-2025: 4.5%▼ -0.1 percentage points vs 10-2025
12-2025: 4.5%● unchanged vs 11-2025
01-2026: 4.6%▲ +0.1 percentage points vs 12-2025
02-2026: 4.7%▲ +0.1 percentage points vs 01-2026
03-2026: 4.6%▼ -0.1 percentage points vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 4.6%● unchanged vs 04-2026
06-2026: 4.6%● unchanged vs 05-2026
07-2026: 4.9%▲ +0.3 percentage points vs 06-2026
08-2026: 5.5%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 4.9%▼ -0.6 percentage points vs 08-2026
10-2026: 4.8%▼ -0.1 percentage points vs 09-2026
11-2026: 4.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2024
Negative equity -€42,498
lowers risk
Size: total assets €13,353
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 3% of them on solvency, 7% on liquidity, 5% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as GKconstruct has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GKconstruct itself: 4.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for GKconstruct. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.22 (0.44 in 2024), below 1. Short-term debt is 418.3% and cash 5.3% of total assets. Equity is negative.
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
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€42,498
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
26 days late
2024
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 15 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005355906
Incorporation
Founding capital of €5,000, 100 shares · Founder: HUIN Giovanni Roger Adolphe (comparant) · Appointment: HUIN Giovanni Roger Adolphe (director) · published on 01-02-2024 · Gazette deed
First establishment
Chaussée de Lille 479 2, Tournai
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GKconstruct Tournai | €13,353 | €81,799 | -318.3% | - |
| Groupe SebaM Brussels | €24,682 | €26,460 | 67.2% | - |
| ERB PROJECT Ham-sur-Heure-Nalinnes | €86,209 | €59,480 | 67.7% | - |
| CITY-FLOR Schaerbeek | €63,346 | €68,104 | 99.5% | - |
| IUL CONSTRUCT Zaventem | €39,902 | €40,106 | 25.1% | - |
| H.D.A. CONSTRUCT Sint-Pieters-Leeuw | €71,942 | €74,616 | 68.6% | - |
| EVD MASTER Dendermonde | €62,766 | €37,771 | 50.7% | - |
These companies have the same main activity as GKconstruct: general construction of office buildings (NACE 41002). They are comparable in size and age: total assets between €24,700 and €86,200, founded between 2021 and 2025.
Official details
Source: KBO- Status
- Active since 30-01-2024Normal situation
- Registered office
- 42 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General construction of office buildingsNACE 41002and 11 others
- Establishment unit
- 2.354.973.5227501 Tournai, since 30-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-03-2026
Annual accounts 2025
- €81,799▼ 7.2%
- ≈ €430,000estimated
- €25,664▲ 17.5%
- -€42,498▼ 152%
- €13,353▼ 12.0%
- Employeeson 31-12-2025
- 3▼ 25.0%
- Filing
- Filed on 26-08-2026
Insights on GKconstruct
The computed 12-month bankruptcy probability of GKconstruct is 4.8% (elevated). The 2025 annual accounts show negative equity (-€42,498) and a net result of -€25,664.
Its solvency ranks better than 5% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-08-2026, 26 days late€81,799
▼ 7.2%
-€25,283
▼ €3,636
-€25,664
▼ €3,830
-€43,497
▼ €25,498
-318.3%
▼ 207.4 percentage points
0.22
▼ 0.22
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 ≈ €430,000. Estimated: probably between €300,000 and €680,000.
Balance sheet
balance sheet total €13,353 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-318.3%
Lower than 95% of 9,462 companies in 2025.
0.22
Lower than 95% of 9,210 companies in 2025.
-192.2%
Lower than 95% of 9,282 companies in 2025.
GKconstruct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€44,548
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2025, nobody joined and 1 person left. Training hours in 2025: 2.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
13,353 | 15,179 | |
20 |
511 | 677 | |
21/28 |
488 | 488 | |
28 |
488 | 488 | |
29/58 |
12,354 | 14,015 | |
40/41 |
9,928 | 11,800 | |
40 |
7,875 | 11,800 | |
41 |
2,053 | - | |
54/58 |
711 | 956 | |
490/1 |
1,715 | 1,258 | |
| Balance sheet: equity and liabilities | |||
10/49 |
13,353 | 15,179 | |
10/15 |
-42,498 | -16,834 | |
10/11 |
5,000 | 5,000 | |
14 |
-47,498 | -21,834 | |
17/49 |
55,851 | 32,014 | |
42/48 |
55,851 | 32,014 | |
44 |
6,905 | 6,612 | |
440/4 |
6,905 | 6,612 | |
45 |
48,946 | 24,277 | |
450/3 |
10,469 | 3,153 | |
454/9 |
38,477 | 21,124 | |
47/48 |
- | 1,124 | |
| Income statement | |||
9900 |
81,799 | 88,105 | |
62 |
106,916 | 109,599 | |
630 |
166 | 153 | |
9901 |
-25,283 | -21,647 | |
75/76B |
30 | - | |
75 |
30 | - | |
65/66B |
411 | 187 | |
65 |
335 | 187 | |
66B |
76 | - | |
9903 |
-25,664 | -21,834 | |
9904 |
-25,664 | -21,834 | |
9905 |
-25,664 | -21,834 | |
| Appropriation of the result | |||
9906 |
-47,498 | -21,834 | |
14P |
-21,834 | - | |
| Social balance sheet | |||
9087 |
2.4 | 1.9 | |
Hours worked1013 |
3,464 | 3,344 | |
| 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 26-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456077.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -25,117 | -21,494 | ||
| -25,498 | -21,681 | ||
| 166 | 488 | ||
| -245 | - | ||
| -43,497 | -17,999 | ||
| -318.3% | -110.9% | ||
| 0.22 | 0.44 | ||
| -192.2% | -143.8% | ||
| -75.04 | -114.83 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 4 |
| full-time | 2 | 2 |
| part-time | 1 | 2 |
| in full-time equivalents | 2.4 | 2.8 |
| 2.4 | 1.9 | |
| On a permanent contract | 2 | 2 |
| Joined | 0 | 5 |
| Left | 1 | 1 |
| Training hours | 2 | 364 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 |
|---|---|---|
| Overdue tax debts | €10,469 | - |
| Overdue social security (RSZ) debts | €30,200 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Financial fixed assets | - | €488 |
| €166 | €153 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on GKconstruct
The operating result for 2025 is a loss of €25,283, larger than the loss of €21,647 in 2024.
Equity is negative. Debt (€55,851) exceeds the balance-sheet total (€13,353).
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayHUIN Giovanni Roger Adolphe
Director
Director
Board
Mandates as a list
- HUIN Giovanni Roger Adolphe
- Director, appointed by deed of 01-02-2024, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- -€425 in 2025
- Source
- deed of 01-02-2024
Articles of association
deed of 01-02-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant, moitié acquéreurs proportionnellement aux actions acquises, écrit adressé par pli recommandé”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 21 June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 01-02-2024 ↗
- HUIN Giovanni Roger Adolphe 100 shares (100%) · €5,000 in cash
Network & group
No group
GKconstruct has no parent and no holdings in its annual accounts. HUIN Giovanni Roger Adolphe is the only director. GKconstruct shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 26 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1005355906
2025
Annual accounts 2024 filed PDFmicro format · 4 days late
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: HUIN Giovanni Roger Adolphe (comparant) · Appointment: HUIN Giovanni Roger Adolphe (director) · published on 01-02-20245 points ▸
- Registered office clause, Chaussée de Lille n° 479/2, 7501 Orcq
- Board rule, 1
- Director appointment, HUIN Giovanni Roger Adolphe
- Founder, HUIN Giovanni Roger Adolphe (comparant)
- Founding capital, €5,000, 100 shares
- The deed holds 6 more points.
First establishment Chaussée de Lille 479 2, Tournai
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 30 January 2024, GKconstruct was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 HUIN Giovanni Roger Adolphe is director of the company, appointed by deed of 01-02-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1005.355.906
- VAT number
- BE 1005.355.906
- Peppol ID
- 0208:1005355906
- Other Peppol ID
- 9925:BE1005355906
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-01-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 21 June at 18:00deed of 01-02-2024 (in French)
- Peppol
- Reachable since 05-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GKconstruct in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 01-02-2024 (in French)
Activities
NACEBEL 2025VAT activities
41002
General construction of office buildings main activity
43110
Demolition
43120
Site preparation
43230
Insulation installation
43410
Roofing work
43422
Screed work
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
41202
Construction of residential and non-residential buildings main activity
41203
Construction of residential and non-residential buildings
43110
Demolition
43120
Site preparation
43291
Specialised construction activities
43910
Specialised construction activities
43991
Specialised construction activities
43992
Specialised construction activities
43993
Specialised construction activities
43994
Specialised construction activities
43996
Specialised construction activities
Social security (RSZ) activities
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’entreprise générale de bâtiment, éventuellement par coordination de sous-traitance et comprenant ainsi notamment la construction, la…”deed of 01-02-2024 (in French)
Text of the purpose
“L’entreprise générale de bâtiment, éventuellement par coordination de sous-traitance et comprenant ainsi notamment la construction, la fabrication, l’entreprise, l’achat, la vente ou la location de tout ce qui concerne directement ou indirectement le bâtiment, ainsi que le parachèvement de bâtiments, comprenant notamment, les couvertures métalliques et non métallique, la charpenterie, la menuiserie, le plafonnage, le carrelage et le cimentage, l’échafaudage, le rejointoyage et le nettoyage de façades, l’étanchéité, la tapisserie et la peinture, la pose de revêtements de murs et de sols, les installations sanitaire, de chauffage, le conditionnement de l’air et la plomberie zinguerie, la fourniture et la pose de cuisines équipées...”
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Chaussée de Lille 479 registered office 7501 Tournai | ||
| Chaussée de Lille 479 2 7501 Tournai | 30-01-2024 | 2.354.973.522 |
Buildings and parcels at the address
- Ground area
- 577 m²
- Buildings
- 138 m²
- Volume, LiDAR
- 699 m³
- Tallest building
- 6.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57060A0261/00N000 | 577 m² | 1 · 138 m² | 6.5 m · 2 |
Contact
E-mail
gkconstruct24@gmail.com
E-mail
gkconstructsrl@gmail.com
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 1005.355.906