GMB Construction
Open bankruptcyA bankruptcy procedure is open for GMB Construction according to publications in the Belgian State Gazette; curator: JACQUES PIRON. The 2023 annual accounts show equity of €54k and a net result of €27k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-07-2024, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d early
2022
94 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€54k▲ 104%
2022 · €26k
2022: €26k
2022 → 2023
Total assets
€97k▲ 162%
2022 · €37k
2022: €37k
2022 → 2023
Net result
€27k▲ 14.7%
2022 · €24k
2022: €24k
2022 → 2023
Working capital
€39k▲ 50.0%
2022 · €26k
2022: €26k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€26k-€54k▲ 104%
Operating result€30k-€34k▲ 14.3%
Net result€24k-€27k▲ 14.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2023; 2023 is 14% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €97k
Fixed assets
€15k
Current assets
€82k
Equity and liabilities €97k
Equity
€54k▲ 104%
Debt
€43k▲ 308%
The debt ratio rises from 28.6% to 44.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2022 · €31k
Cash flow
€32k▲
2022 · €24k
Solvency
55.5%▼
2022 · 71.4%
Current ratio
1.89▼
2022 · 3.42
Quick ratio
1.89▼
2022 · 3.42
Debt / equity
0.80▲
2022 · 0.40
ROE
50.9%▼
2022 · 90.5%
ROA
28.3%▼
2022 · 64.6%
Interest coverage
3837.85▲
2022 · 112.82
Debt
€43k▲
2022 · €11k
Debt ≤ 1 year
€43k▲
2022 · €11k
Income taxes
€7k▲
2022 · €6k
Staff costs
€5k▲
2022 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€37k€97k▲
Formation expenses20€752€377▼
Fixed assets21/28-€15k
Tangible fixed assets22/27-€15k
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€12k
Current assets29/58€36k€82k▲
Amounts receivable within one year40/41€2k€61k▲
Trade receivables40€770€60k▲
Other amounts receivable41€749€561▼
Cash at bank and in hand54/58€34k€21k▼
Deferred charges and accrued income490/1€515-
Equity and liabilities
Total equity and liabilities10/49€37k€97k▲
Equity10/15€26k€54k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€24k€51k▲
Amounts payable17/49€11k€43k▲
Amounts payable within one year42/48€11k€43k▲
Trade debts44€1k€33k▲
Suppliers440/4€1k€33k▲
Advances received on contracts in progress46€371€371=
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€168€457▲
Income statement
Code20222023
Remuneration, social security and pensions62€3k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€373€4k▲
Other operating charges640/8-€757
Gross operating margin9900€33k€44k▲
Operating profit (loss)9901€30k€34k▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€271€10▼
Recurring financial charges65€271€10▼
Profit (loss) for the period before taxes9903€30k€34k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€24k€27k▲
Profit (loss) for the period to be appropriated9905€24k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€51k▲
Profit (loss) brought forward from the previous period14P-€24k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL GMB CONSTRUCTION STEENWEG OP MECHELEN 455, 1950 KRAAINEM · event 12-08-2026
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
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, Kraainem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg op Mechelen 4551950 KraainemGround area
1.2 ha
Building footprint
913 m²
Volume, LiDAR
34,377 m³
2 parcels, Flanders, Wallonia · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
GMB Construction
since 20222.326.696.834
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 52058B0561/00E124 | Wallonia | 469 m² | 1 · 48 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE HENRI JASPAR 113 BTE 3,
1060 SAINT-GILLES |
12-08-2026 → present |
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.