Equity
€98,948 from €355,279 in 2023
Equity fell by 72% in 2 years.
GO Construct
Lifetime
7 annual accounts with figures on one time axispeak €306,058 (2023)
€103,080▼ 48.9%
lowest -€136,888 (2024)
-€131,843▲ €5,044
peak €355,279 (2023)
€98,948▼ 57.1%
€211,540▼ 74.2%
peak 4.9 FTE (2024)
4.1 FTE▼ 16.3%
Board3 names since 2018
2 directorsGOUTERS Olivier André Charles and 1 other
Documentsfilings and deeds
28-06-202633 days before the deadline
2025abbreviated format
Gross margin from €201,717 to €103,080Loss of €131,843Staff from 4.9 FTE to 4.1 FTERegistered office moved from Lanaken to Zutendaal 09-07Equity from €230,791 to €98,948Debts from €820,890 to €211,540
Key points
from the 2025 annual accountsLosses
-€268,731 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Investments
€61,830 3.5 × depreciation
Green is investment, beige is depreciation.
Staff
1 employees on 31-12-2025
In 2025, nobody joined and 4 people left.
Filings
7 annual accounts 4 late
The 2020 accounts came latest: 45 days after the end of the period.
Position in the sector
-€131,843
Lower net result than 95% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
Checked score
34
Weak
Financially stronger than 16% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.0%▼ -0.6 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 0.8%▼ -0.2 percentage points vs 02-2025lowest value
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 1.1%▲ +0.2 percentage points vs 05-2025
07-2025: 1.4%▲ +0.3 percentage points vs 06-2025
08-2025: 3.4%▲ +2.0 percentage points vs 07-2025
09-2025: 5.9%▲ +2.5 percentage points vs 08-2025
10-2025: 5.9%● unchanged vs 09-2025
11-2025: 5.9%● unchanged vs 10-2025
12-2025: 5.9%● unchanged vs 11-2025
01-2026: 5.9%● unchanged vs 12-2025
02-2026: 5.9%● unchanged vs 01-2026
03-2026: 5.9%● unchanged vs 02-2026
04-2026: 6.5%▲ +0.6 percentage points vs 03-2026
05-2026: 6.9%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 6.7%▼ -0.2 percentage points vs 05-2026
07-2026: 5.6%▼ -1.1 percentage points vs 06-2026
08-2026: 5.7%▲ +0.1 percentage points vs 07-2026
09-2026: 5.7%● unchanged vs 08-2026
10-2026: 5.7%● unchanged vs 09-2026
11-2026: 5.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €131,843, the second in a row (financial year 2025)
Liquidity: current ratio 0.46, cash €0, halved
Sector: Construction of residential and non-residential buildings (NACE 41)
1 change of registered office in 24 months
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 39% of them on solvency, 12% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 3,591 companies had the same profile as GO Construct has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GO Construct itself is higher: 5.7% within 12 months. It rests on far more data about GO Construct than the profile alone.
Test of the method
The method was tested on the 497,448 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 3,591 companies, not a prediction for GO Construct. 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
Credit of up to €3,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.46 (0.59 in 2024), below 1. Short-term debt is 68.1% and cash 0% of total assets. 68.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€131,843
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-06-2026, 33 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
33 days early
2024
28 days late
2023
27 days late
2022
11 days early
2021
30 days late
2020
45 days late
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 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. The company usually files around 28 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GOUTERS Olivier, André, Charles 75 sharesdeed of 21-12-2018
- KELLENS Katrien, Maria, Albertina 25 sharesdeed of 21-12-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0716632931
Registered office moved from Lanaken to Zutendaal
New registered office: Kantoorstraat 3 Bus D, 3690 Zutendaal · Previous registered office: Europark 41, 3620 Lanaken · Appointment: Kellens Katrien (additional director) · General meeting of 23-06-2025 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Zutendaal
First establishment
Kantoorstraat 3, Zutendaal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GO Construct Zutendaal | €310,487 | €103,080 | 31.9% | 4.1 |
| Paintcrew Herent | €291,756 | €146,809 | 9.3% | 3.7 |
| BATI CM CONSTRUCTIONS La Louvière | €265,754 | €123,970 | -8.6% | 3 |
| Clean Factory Brussels | €213,800 | €161,646 | 39.2% | 4 |
| S-Building Heusden-Zolder | €387,898 | €158,191 | 51.2% | 2.6 |
| JACOBS i3 Oudsbergen | €575,594 | €174,775 | 24.5% | 5 |
| SOLID ALGEMENE AANNEMINGEN Riemst | €488,769 | €103,341 | -2.0% | 2 |
These companies have the same main activity as GO Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €214,000 and €576,000, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 19-12-2018Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.342.518.6233690 Zutendaal, since 20-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2025
Annual accounts 2025
- ≈ €360,000estimated
- €310,487▼ 70.5%
- Employeeson 31-12-2025
- 1▼ 80.0%
- Filing
- Filed on 28-06-2026, 33 days before the end of the filing period
Insights on GO Construct
GO Construct files the abbreviated format. That format states no turnover. The gross margin rose from €85,985 in 2019 to €103,080 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GO Construct
- What is the company number of GO Construct?
- The company number of GO Construct is 0716.632.931. The VAT number is the same number with BE in front: BE 0716.632.931.
- Where is GO Construct based?
- The registered office is at Kantoorstraat 3, 3690 Zutendaal.Company details
- What does GO Construct do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GO Construct?
- GO Construct is a private limited company (BV).
- When was GO Construct founded?
- GO Construct was founded on 19-12-2018.
- Is GO Construct still active?
- Yes, GO Construct is an active enterprise in the KBO register.
- How many employees does GO Construct have?
- GO Construct had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GO Construct?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €103,080 and 126 comparable companies (NACE 41001). It probably lies between €250,000 and €570,000.
- Is GO Construct profitable?
- In financial year 2025, GO Construct made a loss of €131,843.
- Where can I find the annual accounts of GO Construct?
- GO Construct filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GO Construct due?
- GO Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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