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GLOBAL GROUP CONSTRUCT

Active
Private limited company (pre-2019)founded 2019active for 7 yearsLuzernestraat 47, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0721.986.242
Summary

The computed 12-month bankruptcy probability of GLOBAL GROUP CONSTRUCT is 21.8% (high). For GLOBAL GROUP CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€26,407) and a net result of €30,827. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

GLOBAL GROUP CONSTRUCTActive

Overview

Activity
Activity not known1 site
Size
€68,456total assets 2023
Equity
-€26,407
Profit
€30,827
Financial health
Bankruptcy probabilitywithin 12 months
21.8%
2023 figures too old to score
Structure
Accounts 533 days overdue1 of 8 deeds read
Signalsraises riskFigures for financial year 2023 (filed 05-06-2024)2 financial years not filed after the legal deadline; latest accounts 32 days late; 1 of the last 3 lateEx-officio strike-off in the KBO1 change of registered office in 24 monthsTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 0-54
equity -38.6% of total assets
Liquidity 50+33
short-term debt 138.6% · cash 50.4%
Profitability 100+7
return on assets 45.0%
Bankruptcy probability, 12 months
21.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,554 companies, NACE 43, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.5%▲ +0.1 percentage points vs 12-2024 02-2025: 2.9%▲ +0.4 percentage points vs 01-2025 03-2025: 1.4%▼ -1.5 percentage points vs 02-2025lowest value 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 2.0%▲ +0.6 percentage points vs 04-2025 06-2025: 2.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.2%▲ +1.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.1 percentage points vs 07-2025 09-2025: 4.3%▲ +1.0 percentage point vs 08-2025 10-2025: 6.1%▲ +1.8 percentage points vs 09-2025 11-2025: 10.8%▲ +4.7 percentage points vs 10-2025 12-2025: 11.4%▲ +0.6 percentage points vs 11-2025 01-2026: 10.5%▼ -0.9 percentage points vs 12-2025 02-2026: 10.5%● unchanged vs 01-2026 03-2026: 10.3%▼ -0.2 percentage points vs 02-2026 04-2026: 10.3%● unchanged vs 03-2026 05-2026: 13.1%▲ +2.8 percentage points vs 04-2026 06-2026: 20.0%▲ +6.9 percentage points vs 05-2026 07-2026: 21.6%▲ +1.6 percentage points vs 06-2026 08-2026: 21.8%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 21.8%● unchanged vs 08-2026highest value 10-2026: 21.8%● unchanged vs 09-2026highest value
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Signals

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2023 (filed 05-06-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 32 days late; 1 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
30-09-2024 year end30-04-2025 deadline15-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 01-06-2024, 32 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
32 days late
2022
3 days early
2021
9 days early
2020
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Resignations: Grijincu David (director) and Papas…Appointment: Vasyl Kateryniuk (director) ·…
  2. Address struckKBO administration
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Accounts not fileddeadline was 30-04-2025 533 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€26,407 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2023
Total assets
€68,456
Profit
€30,827
Solvency
-38.6%
Go to Financials

Timeline

Events
8
Since
2021
  1. 30-09-2023Highest result from 2020 to 2023
  2. 27-04-2023Annual accounts filed
  3. 21-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
07-03-2019
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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