Turnover
The micro format states no turnover.
The micro format states no turnover.
The 2019 accounts came latest: 14 days after the end of the period.
Lower net result than 83% of companies in specialised construction. Sector median €9,997 · 37,222 companies.
In July 2024, 3,445 companies had the same profile as GP CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,445 companies, not a prediction for GP 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.
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.
| Company | ||||
|---|---|---|---|---|
| GP CONSTRUCT Frameries | €63,010 | €62,868 | 52.9% | - |
| SPIROR Mons | €67,825 | €71,450 | 21.6% | - |
| HOECKSTEEN Boutersem | €66,058 | €59,606 | 46.0% | - |
| DS Toiture Halle | €72,044 | €50,624 | 42.3% | - |
| BOOMERANG SOLUTION Pont-à-Celles | €97,608 | €71,398 | 21.0% | - |
| PLAFONNAGE SEBASTIEN Merbes-le-Château | €43,468 | €46,173 | 15.6% | - |
| Actuel Habitat Herve | €80,255 | €72,787 | -50.0% | - |
These companies have the same main activity as GP CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €43,500 and €97,600, founded between 2016 and 2018.
GP CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €21,931 in 2018 to €62,868 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €230,000 and €590,000.
Higher than 57% of 37,240 companies in 2025.
Higher than 52% of 36,534 companies in 2025.
Higher than 14% of 36,769 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
63,010 | 84,350 | 101,224 | 121,174 | 114,882 | 59,038 | 74,336 | 43,864 | |
21/28 |
6,717 | 13,500 | 18,137 | 25,995 | 31,807 | 1,102 | 6,883 | 11,992 | |
22/27 |
6,717 | 13,500 | 18,137 | 25,995 | 31,807 | 1,102 | 6,883 | 11,992 | |
23 |
1,049 | 1,667 | 57 | 1,667 | 3,277 | - | 832 | 2,133 | |
24 |
5,668 | 11,833 | 18,080 | 24,328 | 28,529 | 1,102 | 6,051 | 9,860 | |
29/58 |
56,293 | 70,851 | 83,086 | 95,179 | 83,076 | 57,936 | 67,453 | 31,871 | |
3 |
- | - | 28,013 | 28,013 | - | - | - | - | |
30/36 |
- | - | 28,013 | 28,013 | - | - | - | - | |
40/41 |
12,989 | 31,144 | 43,545 | 46,898 | 67,490 | 28,704 | 19,058 | 4,066 | |
40 |
10,356 | 24,611 | 26,167 | 43,336 | 55,229 | 20,329 | 15,863 | 3,776 | |
41 |
2,632 | 6,533 | 17,378 | 3,562 | 12,261 | 8,375 | 3,195 | 290 | |
54/58 |
42,590 | 36,979 | 2,091 | 15,758 | 15,313 | 28,242 | 48,210 | 27,422 | |
490/1 |
715 | 2,728 | 9,438 | 4,510 | 273 | 990 | 185 | 384 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
63,010 | 84,350 | 101,224 | 121,174 | 114,882 | 59,038 | 74,336 | 43,864 | |
10/15 |
33,329 | 37,935 | 19,829 | 29,797 | 22,998 | 23,648 | 32,818 | 14,259 | |
10/11 |
8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 10,600 | 10,600 | 10,600 | |
14 |
25,329 | 29,935 | 11,829 | 21,797 | 14,998 | 15,648 | 24,818 | 6,259 | |
17/49 |
29,681 | 46,415 | 81,394 | 91,377 | 91,884 | 35,390 | 41,518 | 29,604 | |
17 |
- | 5,725 | 11,368 | 17,093 | 24,496 | - | 429 | 5,516 | |
170/4 |
- | 5,725 | 11,368 | 17,093 | 24,496 | - | 429 | 5,516 | |
42/48 |
29,681 | 40,691 | 70,026 | 73,885 | 67,388 | 35,390 | 41,089 | 24,088 | |
42 |
5,725 | 5,643 | 5,725 | 7,403 | 7,290 | 429 | 5,087 | 4,973 | |
44 |
6,868 | 16,861 | 45,708 | 32,822 | 30,326 | 19,348 | 24,850 | 13,602 | |
440/4 |
6,868 | 16,861 | 45,708 | 32,822 | 30,326 | 19,348 | 24,850 | 13,602 | |
46 |
10,112 | 8,415 | 4,865 | 13,986 | 10,484 | - | - | - | |
45 |
3,790 | 6,584 | 9,697 | 14,854 | 3,767 | 10,339 | 11,064 | 5,255 | |
450/3 |
86 | 5,802 | 254 | 5,302 | 2,765 | 925 | 5,134 | 1,435 | |
454/9 |
3,704 | 781 | 9,442 | 9,552 | 1,002 | 9,413 | 5,930 | 3,820 | |
47/48 |
3,187 | 3,187 | 4,032 | 4,821 | 15,522 | 5,273 | 89 | 258 | |
492/3 |
- | - | - | 399 | - | - | - | - | |
| Income statement | |||||||||
76A |
- | - | 413 | - | 2,500 | - | - | - | |
9900 |
62,868 | 89,636 | 122,564 | 130,441 | 84,697 | 43,079 | 73,518 | 21,931 | |
62 |
48,394 | 55,938 | 121,188 | 111,007 | 69,465 | 46,238 | 41,760 | 3,696 | |
630 |
6,783 | 6,493 | 7,857 | 7,408 | 2,702 | 5,781 | 8,415 | 9,946 | |
631/4 |
10,666 | - | - | - | - | - | - | - | |
640/8 |
783 | 2,261 | 2,200 | 699 | 1,391 | 1,507 | 1,371 | 937 | |
66A |
250 | - | - | - | - | - | - | - | |
9901 |
-4,008 | 24,944 | -8,681 | 11,327 | 11,140 | -10,448 | 21,972 | 7,352 | |
75/76B |
109 | - | 113 | 806 | 2,028 | 1,598 | 1,722 | 886 | |
75 |
- | - | - | - | - | - | 1,722 | 886 | |
76B |
109 | - | 113 | 806 | 2,028 | 1,598 | - | - | |
65/66B |
621 | 1,037 | 1,145 | 1,418 | 1,257 | 163 | 287 | 562 | |
65 |
621 | 1,037 | 1,145 | 1,418 | 1,257 | 163 | 287 | 562 | |
9903 |
-4,520 | 23,908 | -9,713 | 10,715 | 11,911 | -9,012 | 23,407 | 7,676 | |
67/77 |
86 | 5,802 | 254 | 3,916 | 561 | 158 | 4,849 | 1,416 | |
9904 |
-4,606 | 18,105 | -9,968 | 6,799 | 11,350 | -9,170 | 18,559 | 6,259 | |
9905 |
-4,606 | 18,105 | -9,968 | 6,799 | 11,350 | -9,170 | 18,559 | 6,259 | |
| Appropriation of the result | |||||||||
9906 |
25,329 | 29,935 | 11,829 | 21,797 | 26,998 | 15,648 | 24,818 | 6,259 | |
14P |
29,935 | 11,829 | 21,797 | 14,998 | - | - | - | - | |
694/7 |
- | - | - | - | 12,000 | - | - | - | |
694 |
- | - | - | - | 12,000 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
1 | 1 | 2.5 | 2 | 1.7 | 1.5 | 0.9 | 0.1 | |
Hours worked1013 |
1,352 | 1,704 | 3,800 | 3,145 | 2,556 | 1,472 | 1,552 | 376 | |
| Document | |||||||||
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 16-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 16-01-2026 | 2026-00008750 | |
| 30-06-2024 | micro format | 29-01-2025 | 2025-00013217 | |
| 30-06-2023 | micro format | 20-01-2024 | 2024-00003866 | |
| 30-06-2022 | micro format | 10-01-2023 | 2023-20557671 | |
| 30-06-2021 | micro format | 17-01-2022 | 2022-01200358 | |
| 30-06-2020 | micro format | 27-01-2021 | 2021-02100106 | |
| 30-06-2019 | micro format | 14-02-2020 | 2020-05000022 | |
| 30-06-2018 | micro format | 01-02-2019 | 2019-03600074 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 2,775 | 31,437 | -824 | 18,736 | 13,842 | -4,666 | 30,386 | 17,298 | ||
| 2,177 | 24,598 | -2,110 | 14,207 | 14,052 | -3,389 | 26,973 | 16,206 | ||
| 0 | 1,855 | 0 | 1,597 | 33,406 | 0 | 3,306 | 21,939 | ||
| 5,611 | 34,888 | -13,667 | 445 | -12,929 | -19,968 | 20,788 | - | ||
| 26,612 | 30,160 | 13,060 | 21,294 | 15,687 | 22,546 | 26,364 | 7,783 | ||
| 52.9% | 45.0% | 19.6% | 24.6% | 20.0% | 40.1% | 44.1% | 32.5% | ||
| 1.90 | 1.74 | 1.19 | 1.29 | 1.23 | 1.64 | 1.64 | 1.32 | ||
| 1.90 | 1.74 | 0.79 | 0.91 | 1.23 | 1.64 | 1.64 | 1.32 | ||
| 0.89 | 1.22 | 4.10 | 3.07 | 4.00 | 1.50 | 1.27 | 2.08 | ||
| -13.8% | 47.7% | -50.3% | 22.8% | 49.4% | -38.8% | 56.5% | 43.9% | ||
| -7.3% | 21.5% | -9.8% | 5.6% | 9.9% | -15.5% | 25.0% | 14.3% | ||
| 4.47 | 30.32 | -0.72 | 13.21 | - | - | - | - |
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.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 4 |
| full-time | 1 | 1 | 1 | 4 |
| in full-time equivalents | 1 | 1 | 1 | 4 |
| 1 | 1 | 2.5 | 2 | |
| On a permanent contract | 1 | 1 | 1 | 2 |
| Joined | - | - | 1 | 6 |
| Left | - | - | 3 | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Overdue social security (RSZ) debts | - | - | €6,375 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,855 | - | €1,597 |
| €6,783 | €6,493 | €7,857 | €7,408 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €4,008, after a profit of €24,944 in 2024.
Debt's share of the balance-sheet total falls from 55.0% to 47.1%. Equity and debt are lower.
GP CONSTRUCT has no parent and no holdings in its annual accounts. GP CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 20 February 2017, GP CONSTRUCT was incorporated by three natural persons, with a starting capital of €18,600.12 In 2019 the registered office moved to Frameries.3 Of the 3 current board members, 2 have served since 2021.4 Total assets went from €74,336 in 2019 to €63,010 in 2025 and headcount from 0.9 to 1 full-time equivalents.5
| Establishment | Since | Unit number |
|---|---|---|
| Route de Bavay 72 registered office 7080 Frameries 25110 Manufacture of metal structures and parts of structures | 20-02-2017 | 2.261.673.972 |
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 0671.666.305
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