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GOG CONSTRUCT

Active Private limited companyfounded 2015active for 10 yearsCharlie Chaplinstraat 1, 1090 JetteKBO/BCE: BE 0644.806.015

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €13,308 (2024)
€10,766▼ 19.1%
peak €9,052 (2024)
€5,365▼ 40.7%
peak €50,104 (2025)
€50,104▲ 12.0%
€270,321▲ 224%
Board1 name since 2023
1 directorGOTORNICEAN Oleg
Documentsfilings and deeds
16-12-202546 days before the deadline
2025micro format
Gross margin from €13,308 to €10,766Result from €9,052 to €5,365Debts from €83,434 to €270,321Cash from €1,927 to €12,375

Key points

from the 2025 annual accounts

Equity

€50,104 ▲ 12.0%

GOG CONSTRUCT has made a profit in every financial year since 2017.

Debts

€270,321 84% of the balance sheet
Suppliers 94%Taxes and wages 6%

Filings

9 annual accounts 4 late
deadline20202025

The 2022 accounts came latest: 365 days after the end of the period.

Checked score

68
Healthy
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.5% 01-2025: 1.6%▲ +0.1 percentage points vs 12-2024 02-2025: 2.1%▲ +0.5 percentage points vs 01-2025highest value 03-2025: 1.6%▼ -0.5 percentage points vs 02-2025 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.4%▼ -0.1 percentage points vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.4%▼ -0.1 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.6 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026

Financial strength
Weak

41-19equity 15.6% of total assets
8-9short-term debt 84.4% · cash 3.9%
71-7return on assets 1.7%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.18, cash €12,375
lowers risk
Size: total assets €320,425
Founded in 2015
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 43, micro). It does better than 18% of them on solvency, 6% on liquidity, 39% on profitability and 58% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 4,508 companies had the same profile as GOG CONSTRUCT has now. Each dot stands for 12 companies, two years later.

96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GOG CONSTRUCT itself: 0.7% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,508 companies, not a prediction for GOG 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 is acceptable

Liquidity is tight, with a current ratio of 1.18 (1.52 in 2024), below the usual 1.5. Short-term debt is 84.4% and cash 3.9% of total assets. 84.4% of the assets are financed with debt and provisions.

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 riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €320,425
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.18, cash €12,375
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 35125 sector peers (2025).
NBB · sector comparison
Position among 35125 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
46 days early
2024
3 days late
2023
on the day
2022
365 days late
2021
9 days late
2020
2 days early
2019
1 day 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 47 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 3 February (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GO
GOTORNICEAN Oleg
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0644806015
Amendment of the articles · Legal-form change · Resignations & appointments Director in office: GOTORNICEAN Oleg (sole director) · General meeting of 06-12-2023 · Gazette deed
Capital increase to €18,600 Capital from €1 to €18,600 · General meeting of 01-03-2019 · Gazette deed
First establishment Bonaventurestraat 55, Jette
All 16 events

Comparable companies

same main activity, similar in size and age
Company
GOG CONSTRUCT Jette €320,425 €10,766 15.6% -
BXL DESIGN CONSTRUCT Brussels €284,924 €11,575 8.4% -
OUTSIDE LIVING Holsbeek €294,640 €10,143 35.1% -
SOS TOITURES Jette €391,657 €7,262 36.0% -
ROTANO GROUP Koekelberg €354,877 €15,510 30.8% -
Projekt Group Ganshoren €252,278 €16,559 63.2% -
GT-Construct Dendermonde €240,069 €9,521 24.3% -

These companies have the same main activity as GOG CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €240,000 and €392,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 23-12-2015Normal situation
Activity
Other specialised construction activitiesNACE 43990and 1 other
Establishment unit
2.249.624.1961090 Jette, since 01-01-2016
Financial year end
30 June
Peppol
Reachable since 29-11-2025
Company details

Annual accounts to 30-06-2025

€10,766▼ 19.1%
≈ €140,000estimated
€5,365▼ 40.7%
€50,104▲ 12.0%
€320,425▲ 150%
≈ 0 FTEestimated
Filing
Filed on 16-12-2025, 46 days before the end of the filing period
Financials

Insights on GOG CONSTRUCT

GOG CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €2,277 in 2017 to €10,766 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 16-12-2025, 46 days before the deadline
€10,766
▼ 19.1%
€7,614
▼ 35.2%
€8,321
▼ 33.2%
€6,072
▼ 37.8%
15.6%
▼ 19.3 percentage points
1.18
▼ 0.34

Money flows

no detail for 2025

Balance sheet

balance sheet total €320,425 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

15.6%

Higher than 18% of 35,125 companies in 2025.

1.18

Higher than 29% of 34,499 companies in 2025.

1.7%

Higher than 31% of 34,700 companies in 2025.

GOG CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 320,425128,173126,24674,72886,09436,52924,57342,5973,245
21/28 3581,065698------
22/27 3581,065698------
24 3581,065698------
29/58 320,067127,108125,54874,72886,09436,52924,57342,5973,245
40/41 211,312125,181121,61972,91184,61636,00124,51242,4132,465
40 165,41542,18846,31844,90354,5735,94510,75227,6281,271
41 45,89782,99375,30128,00930,04330,05613,76114,7851,194
54/58 12,3751,9273,9291,8171,47852861184780
490/1 96,381--------
Balance sheet: equity and liabilities
10/49 320,425128,173126,24674,72886,09436,52924,57342,5973,245
10/15 50,10444,73935,68729,69026,44921,03913,1311,662711
10/11 6,2016,2016,2016,2016,201-6,20111
100 ------18,60111
101 ------12,400--
11 ----6,2016,201---
1100/10 ----6,2016,201---
13 1,8601,8601,8601,8601,8601,8601,86000
130/1 1,8601,8601,8601,8601,860----
130 -----1,8601,86000
1311 1,8601,8601,8601,8601,860----
14 42,04336,67827,62621,62918,38812,9785,0701,661710
17/49 270,32183,43490,55945,03859,64515,48911,44240,9342,534
42/48 270,32183,43490,55945,03859,64515,48911,44240,9342,534
44 253,54780,82672,88643,66857,60113,95310,09439,7471,176
440/4 253,54736,27529,25420,6849,9307,1432,272308-
441 -44,55143,63122,98447,6716,8107,82239,4381,176
45 16,7742,60717,6731,3702,0431,5361,3481,1881,357
450/3 16,7742,6072,0021,3702,0431,5361,3481,1881,357
454/9 --15,671------
Income statement
70 ----235,543167,925189,727155,08182,951
9900 10,76613,3089,9777,0668,6989,6996,7692,3282,277
60/61 ----226,845158,226182,958152,75380,706
62 387---449106---
630 707707349------
640/8 2,0578501,6042,10424985115152162
9901 7,61411,7528,0244,9628,0019,5086,6542,1762,115
75/76B --833374-----
76B --833374-----
65/66B 1609287872544439393848
65 160924572544439393848
66B --833------
9903 7,45511,6597,9794,6117,5579,4696,6152,1382,067
67/77 2,0902,6071,9821,3702,1471,5611,3461,1871,357
9904 5,3659,0525,9973,2415,4107,9085,269951710
9905 5,3659,0525,9973,2415,4107,9085,269951710
Appropriation of the result
9906 42,04336,67827,62621,62918,38812,9786,9301,661710
14P 36,67827,62621,62918,388-----
691/2 ------1,860-0
6920 ------1,860-0
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 16-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 16-12-2025 2025-00585461 PDF
30-06-2024 micro format 03-02-2025 2025-00024249 PDF
30-06-2023 micro format 31-01-2024 2024-00028067 PDF
30-06-2022 micro format 31-01-2024 2024-00015441 PDF
30-06-2021 full format 09-02-2022 2022-05300038 PDF
30-06-2020 full format 29-01-2021 2021-03400256 PDF
30-06-2019 full format 30-01-2020 2020-04100397 PDF
30-06-2018 full format 07-03-2019 2019-06600557 PDF
30-06-2017 full format 30-01-2018 2018-03900471 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
8,32112,4598,373------
6,0729,7596,346------
01,0741,047------
10,448-2,0022,112339950467-122-596-
49,74643,67434,98929,69026,44921,03913,1311,662711
----3.4%5.7%3.5%1.4%2.5%
15.6%34.9%28.3%39.7%30.7%57.6%53.4%3.9%-
1.181.521.391.661.442.362.151.04-
5.401.862.541.522.260.740.8724.62-
10.7%20.2%16.8%10.9%20.5%37.6%40.1%57.2%-
1.7%7.1%4.7%4.3%6.3%21.6%21.4%2.2%-
52.11over 100over 100------
----85 days13 days21 days65 days6 days
----93 days32 days20 days95 days5 days

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.

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets-€1,074€1,047-
€707€707€349-

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on GOG CONSTRUCT

The operating result for 2025 is 35% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 65.1% to 84.4%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2023
GOTORNICEAN Oleg
Sole director
in office according to the deed of 28-12-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GOTORNICEAN Oleg
Sole director
Boardmandate already running before its first mention
Mandates as a list
  • GOTORNICEAN Oleg
    • Sole director, since before 28-12-2023

See the board, name and registered office on a given date →

Control

Capital

Contribution
€6,201
Source
2025 annual accounts

Articles of association

deed of 28-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of December at 19:00

Network & group

No group

GOG CONSTRUCT has no parent and no holdings in its annual accounts. GOTORNICEAN Oleg is the only director. GOG CONSTRUCT shares no director with another company.

Timeline

Timeline

16 events since 2015

Deadline for the 2026 accounts: 31-01-2027

2025
Annual accounts 2025 filed PDFmicro format · 46 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0644806015
Annual accounts 2024 filed PDFmicro format · 3 days late
2024
Highest result from 2017 to 2025 net €9,052 ▲51% The operating result of €11,752 and the net result of €9,052 are both a record.
Annual accounts 2022 filed PDFmicro format · 365 days late
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office: GOTORNICEAN Oleg (sole director) · General meeting of 06-12-20231 point ▸
  • General meeting, 06-12-2023
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 9 days late
2021
Annual accounts 2020 filed PDFfull format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 1 day before the deadline
2019
Liquidity more than doubled current ratio 2.15 The current ratio rises from 1.04 to 2.15. Short-term debt falls from €40,934 to €11,442.
Capital increase to €18,600Capital from €1 to €18,600 · General meeting of 01-03-20194 points ▸
  • General meeting, 01-03-2019
  • Capital increase, €17,599
  • Capital, €18,600, 100 shares
  • Power of attorney, Marc WILMUS
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · 35 days late
2018
Annual accounts 2017 filed PDFfull format · 1 day before the deadline
2016
First establishment Bonaventurestraat 55, Jette
2015
Incorporation PDFpublished on 28-12-2015

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 December 2015, GOG CONSTRUCT was incorporated.1 Turnover went from €189,727 in 2019 to €235,543 in 2021.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2021

Company details

Identity

Enterprise number
0644.806.015
VAT number
BE 0644.806.015
Peppol ID
0208:0644806015
Legal form
Private limited company
Status
Active, normal situation
Founded
23-12-2015
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of December at 19:00
deed of 28-12-2023 (in French)
Peppol
Reachable since 29-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GOG CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
43999 Specialised construction activities main activity
81210 General cleaning of buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’entreprise générale du bâtiment, menuiserie, peinture, maçonnerie, électricité, toiture, toute autre activité de rénovation et…”
30 activities
  1. L’entreprise générale du bâtiment, menuiserie, peinture, maçonnerie, électricité, toiture, toute autre activité de rénovation et construction, pose de chappes de tout type, travaux de carrelage et placement de cloisons en gyproc
  2. Placement, installation et réparation de tout chauffage tant d’immeuble privé que professionnel, ainsi que les travaux de plomberie sanitaire
  3. Entreprise générale de nettoyage pour les clients professionnels
  4. Travaux de secrétariat, de bureau et travaux administratifs
  5. Soutien de bureau, conseil
  6. L’exploitation d’une entreprise de courrier express
  7. Transport de marchandises et de personnes
  8. Entreprise de design
  9. Entreprise de garde et sécurité
  10. Exploitation d’un restaurant
  11. Services ménagers dans le système des titres services
  12. L’exploitation d’un garage auto ainsi que la réalisation d’un commerce de voitures d’occasion y compris la location des voitures
  13. L’exploitation d’une entreprise de réparation de véhicules automobiles, la réparation des parties mécaniques et électriques
  14. Le commerce au détail de véhicules automobiles pour le transport de personnes y compris les véhicules automobiles spécialisés (ambulances)
  15. L’informatique en général : l’élaboration et la conception de logiciel, la vente et l’achat de matériel informatique et de bureau, ainsi que de consommables de bureau, l’étude de projets informatiques au sens large, et tout ce qui se rapporte directement ou indirectement à l’informatique, la consultance, la formation, la commercialisation des services et de produits, la maintenance hardware et software
  16. Commerce snack-bar, boulangerie, café, pâtisserie
  17. Location de voitures et outillage de construction
  18. L’exploitation d’un salon de coiffure
  19. La fabrication de meubles
  20. Garderie d’enfants
  21. Matériaux de construction, matériel électrique et électronique, sanitaire et plomberie
  22. Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et article cadeaux
  23. Vidéothèque, location de produits de divertissements, films et tous autres produits assimilés
  24. Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large
  25. Tous produits de l’artisanat en général, tapisserie, y compris les articles du tiers-monde, des meubles
  26. Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage, ainsi que savons et détergents
  27. Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières
  28. Tous livres, antiquités, brocantes, objets de décoration, machines industrielles
  29. Tous appareils électroménagers, tous films de bandes magnétiques, cassettes, tous articles imprimés ou enregistrés permettant leur lecture, vision ou audition
  30. Tous matériels de bureau et d’informatique
deed of 28-12-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Charlie Chaplinstraat 1 registered office 1090 Jette
Bonaventurestraat 55 1090 Jette 28250 Manufacture of machinery and equipment not elsewhere classified 01-01-2016 2.249.624.196

Buildings and parcels at the addresses

Ground area
1,271 m²
Buildings
584 m²
Volume, LiDAR
7,754 m³
Tallest building
20.6 m
Buildings to scale, each on its own parcel
506 m², 20.6 m 78 m², 14.8 m 506 m², 20.6 m 78 m², 14.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21010A0074/00K003
ProtectedSite or landscapeBoom: Rode beuk (Fagus sylvatica f. purpurea)Source ↗
1,161 m² 1 · 506 m² 20.6 m · 4
21010B0014/06L005110 m² 1 · 78 m² 14.8 m · 4

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

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 0644.806.015