Turnover
≈ €150,000 estimated
The micro format states no turnover.
GP Création
Lifetime
1 annual account with figurespeak €12,036 (2025)
€12,036
peak €7,220 (2025)
€7,220
peak €11,220 (2025)
€11,220
€9,351
Board1 name since 2025
1 directorPECORARO Giovanni
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Incorporation 28-031 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsChecked score
70
Healthy
Financially stronger than 81% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
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 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 3.6%
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.8%▲ +0.2 percentage points vs 05-2026
07-2026: 4.1%▲ +0.3 percentage points vs 06-2026
08-2026: 4.2%▲ +0.1 percentage points vs 07-2026
09-2026: 4.6%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 0.8%▼ -3.8 percentage points vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €20,571
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.51, cash €13,268
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 63% of them on solvency, 90% on liquidity and 91% on profitability.
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 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, 11,279 companies had the same profile as GP Création has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of GP Création itself: 0.8% within 12 months.
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 11,279 companies, not a prediction for GP Création. 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.51, above the usual 1.5. Short-term debt is 27.2% and cash 64.5% of total assets. 45.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
37 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021490766
First establishment
Avenue de la Résistance 307, Soumagne
Incorporation
Founding capital of €4,000, 400 shares, €448.93 paid up · Founder: PECORARO Giovanni · Appointment: PECORARO Giovanni (director) · published on 28-03-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GP Création Drogenbos | €20,571 | €12,036 | 54.5% | - |
| ARTETECH Drogenbos | €20,950 | €14,861 | 75.3% | - |
| KDK CONSTRUCT Dilbeek | €17,801 | €12,710 | 57.5% | - |
| DANLUK CONSTRUCT Waasmunster | €17,205 | €13,195 | 76.7% | - |
| THODEC BOUW Diksmuide | €23,109 | €10,531 | 46.4% | - |
| DECOSTER KRIS Waregem | €19,022 | €12,557 | 69.6% | - |
| REFRESH HOUSE Sint-Niklaas | €19,963 | €20,062 | 12.2% | - |
These companies have the same main activity as GP Création: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €17,200 and €23,100, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 26-03-2025Normal situation
- Registered office
- 265 active companies are registered at this address65 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- General construction of other non-residential buildingsNACE 41003and 2 others
- Establishment unit
- 2.372.395.0194630 Soumagne, since 07-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- €20,571
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on GP Création
GP Création has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,220 and a net result of €7,220.
Its solvency ranks better than 62% of 9,471 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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 GP Création
- What is the company number of GP Création?
- The company number of GP Création is 1021.490.766. The VAT number is the same number with BE in front: BE 1021.490.766.
- Where is GP Création based?
- The registered office is at Steenweg op Ruisbroek 257, 1620 Drogenbos.Company details
- What does GP Création do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of GP Création?
- GP Création is a private limited company (BV).
- When was GP Création founded?
- GP Création was founded on 26-03-2025.
- Is GP Création still active?
- Yes, GP Création is an active enterprise in the KBO register.
- What is the turnover of GP Création?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €12,036 and 277 comparable companies (NACE 410). It probably lies between €76,000 and €270,000. It is a rough estimate.Financials
- Is GP Création profitable?
- In financial year 2025, GP Création made a profit of €7,220.
- Where can I find the annual accounts of GP Création?
- GP Création filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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