GL TRAVAUX
The computed 12-month bankruptcy probability of GL TRAVAUX is 3.2% (moderate). The 2024 annual accounts show negative equity (€-26k) and a net result of €4k. Equity is shrinking by ~73.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 11087 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-26k |
| Net result | €4k |
| Staff (FTE) | 1 |
| Better than sector | 8% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -8.3% | 40.9% | |
| Net result | €4k | €11k | |
| Equity | €-26k | €34k | |
| Gross operating margin | €160k | €35k | |
| Staff costs | €44k | €25k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €115k |
| Net profit | €4k |
| Cash flow | €105k |
| Staff costs | €44k |
| Income taxes | - |
| Dividends | - |
| Total assets | €319k |
| Equity | €-26k |
| Debt | €345k |
| of which ≤ 1y | €173k |
| of which > 1y | €172k |
| Working capital | €-76k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.56 |
| Working capital ratio | -23.8% |
| Solvency | -8.3% |
| Debt / equity | -13.12 |
| Long-term debt ratio | -6.54 |
| Interest coverage | 9.97 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.3% |
| ROE | -16.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €319k |
| Fixed assets | 21/28 | €222k |
| Tangible fixed assets | 22/27 | €221k |
| Financial fixed assets | 28 | €233 |
| Current assets | 29/58 | €98k |
| Amounts receivable within one year | 40/41 | €94k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €319k |
| Equity | 10/15 | €-26k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-43k |
| Amounts payable | 17/49 | €345k |
| Amounts payable after one year | 17 | €172k |
| Amounts payable within one year | 42/48 | €173k |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €160k |
| Operating result | 9901 | €14k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €4k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | Specialised construction(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 20-08-2020 |
| Status | Active |
| Postal code | 6680 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82029B0559/00C002 | Wallonia | 906 m² | 1 · 91 m² | 8.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-05-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "completed",
"notary": {
"name": "Jo\u00EBl TONDEUR",
"firm_city": null,
"firm_name": null,
"office_city": "Bastogne",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-05-21",
"filing_date": "2025-05-19",
"act_kind_objet": "DIVERS"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2025-05-15",
"unanimous": true
},
"conversion": null,
"detected_kind": "branch_contribution",
"report_waiver": {
"summary": "L\u0027actionnaire unique a pris connaissance des rapports \u00E9tablis par l\u0027organe d\u0027administration et le r\u00E9viseur d\u0027entreprises en vertu des articles 5:121 \u00A71 et 5:133 \u00A71 du Code des soci\u00E9t\u00E9s et associations.",
"articles": [
"5:121 \u00A71",
"5:133 \u00A71"
]
},
"restructuring": {
"parties": [
{
"kbo": "0752.771.369",
"name": "GL TRAVAUX",
"role": "contributor",
"address": "Rue du Lavoir 83, 6680 Sainte-Ode",
"is_foreign": false,
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": null,
"name": "Monsieur LANNERS Gilles Edouard Joseph Ghislain",
"role": "contributor",
"address": "Rue du Lavoir 83, 6680 Sainte-Ode",
"is_foreign": false,
"legal_form": null,
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"5:121 \u00A71",
"5:133 \u00A71"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": true,
"patrimony_description": "Apport en nature d\u0027un terrain sis au lieu-dit \u00AB Chemin de Bierzy \u00BB, cadastr\u00E9 section B, num\u00E9ro 0348 W2 P0000 pour une contenance de 16 ares 43 centiares.",
"equity_transferred_eur": 51500.0,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0752.771.369",
"name_full": "GL TRAVAUX",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null
},
"summary_narrative": "L\u0027actionnaire unique de la soci\u00E9t\u00E9 GL TRAVAUX a d\u00E9cid\u00E9 d\u0027augmenter ses capitaux propres de 51.500 \u20AC par apport en nature d\u0027un terrain. L\u0027apport, r\u00E9alis\u00E9 par l\u0027actionnaire unique, a \u00E9t\u00E9 accept\u00E9 par l\u0027assembl\u00E9e g\u00E9n\u00E9rale et la r\u00E9solution a \u00E9t\u00E9 adopt\u00E9e \u00E0 l\u0027unanimit\u00E9.",
"co_filed_documents": [
"l\u2019exp\u00E9dition de l\u2019acte 2025/68607",
"le rapport de l\u2019organe d\u2019administration",
"le rapport du r\u00E9viseur sur l\u2019apport en nature",
"les statuts coordonn\u00E9s"
],
"detected_real_type": "branch_contribution",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GL TRAVAUX |