Equity
€42,321 ▼ 10.9%
GP ENGINEERING paid out €50,000 in dividends. That is 109% of the 2026 profit.
GP ENGINEERING
Overview
Lifetime
5 annual accounts with figures on one time axispeak €64,148 (2026)
€64,148▲ 13.1%
peak €45,935 (2026)
€45,935▲ 9.5%
peak €77,540 (2024)
€42,321▼ 10.9%
€11,471▼ 32.0%
Board1 name since 2021
1 director
Documentsfilings and deeds
29-10-20262 days before the deadline
2026micro format
Gross margin from €56,712 to €64,148Dividend €50,000Debts from €16,859 to €11,471
Key points
from the 2026 annual accountsTurnover
≈ €330,000 estimated
The micro format states no turnover.
Position in the sector
€45,935
Higher net result than 85% of companies in construction of buildings. Sector median €13,148 · 351 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as GP ENGINEERING has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
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 26,972 companies, not a prediction for GP ENGINEERING. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771563338
Registered office moved from Genk to Diepenbeek
New registered office: Kukkelbosstraat 120, 3590 Diepenbeek · Previous registered office: Streepkenstraat 29, 3600 Genk · Board meeting of 25-07-2023 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 23-07-2021 · Gazette deed
First establishment
Kukkelbosstraat 120, Diepenbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GP ENGINEERING Diepenbeek | - | - | 78.7% | - |
| Grevendonk Jansen Lommel | - | - | 23.3% | - |
| ARSAY COMPANY Zaventem | - | - | 2.7% | - |
| KOREMI Jette | €741,642 | 0.2% | 51.3% | - |
| CM Piscines Modave | - | - | 55.2% | - |
| JEAS VDB Hannut | €298,231 | -0.1% | 38.8% | - |
| BASE BOUW Turnhout | - | - | 23.9% | - |
These companies have the same main activity as GP ENGINEERING: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €48,300 and €66,200, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 20-07-2021Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.319.765.7873590 Diepenbeek, since 20-07-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 08-01-2026
Annual accounts to 31-03-2026
- €64,148▲ 13.1%
- €45,935▲ 9.5%
- €42,321▼ 10.9%
- €53,792▼ 16.4%
- Filing
- Filed on 29-10-2026, 2 days before the end of the filing period
Insights on GP ENGINEERING
GP ENGINEERING files the micro format. That format states no turnover. The gross margin rose from €34,576 in 2022 to €64,148 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2026
micro format, filed on 29-10-2026, 2 days before the deadline€64,148
▲ 13.1%
€62,840
▲ 12.6%
€45,935
▲ 9.5%
€39,658
▼ 10.1%
78.7%
▲ 4.9 percentage points
4.46
▲ 0.84
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 ≈ €330,000. Estimated: probably between €240,000 and €550,000.
Balance sheet
balance sheet total €53,792 on 31-03-2026What the company ownsHow it is paid for
in euro
in euro
Position in the sector
78.7%
Higher than 82% of 9,471 companies in 2025.
4.46
Higher than 80% of 9,219 companies in 2025.
85.4%
Higher than 95% of 9,291 companies in 2025.
GP ENGINEERING
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
53,792 | 64,344 | 92,650 | 69,443 | 41,190 | |
21/28 |
2,663 | 3,366 | 17,000 | - | - | |
22/27 |
2,663 | 3,366 | - | - | - | |
22 |
2,663 | 3,366 | - | - | - | |
28 |
- | 0 | 17,000 | - | - | |
29/58 |
51,129 | 60,978 | 75,650 | 69,443 | 41,190 | |
40/41 |
17,432 | 20,185 | 12,315 | 9,660 | 11,104 | |
40 |
15,972 | 20,185 | 12,315 | 9,660 | 11,104 | |
41 |
1,460 | - | - | - | - | |
54/58 |
27,460 | 33,416 | 61,799 | 58,914 | 30,085 | |
490/1 |
6,237 | 7,377 | 1,537 | 869 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
53,792 | 64,344 | 92,650 | 69,443 | 41,190 | |
10/15 |
42,321 | 47,486 | 77,540 | 56,651 | 30,142 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
14 |
39,821 | 44,986 | 75,040 | 54,151 | 27,642 | |
17/49 |
11,471 | 16,859 | 15,110 | 12,792 | 11,047 | |
42/48 |
11,471 | 16,859 | 15,110 | 12,792 | 11,047 | |
44 |
1,234 | 19 | 845 | 1,514 | 1,803 | |
440/4 |
1,234 | 19 | 845 | 1,514 | 1,803 | |
45 |
7,407 | 16,011 | 12,643 | 9,894 | 8,791 | |
450/3 |
7,407 | 16,011 | 12,643 | 9,894 | 8,791 | |
47/48 |
2,830 | 829 | 1,622 | 1,384 | 453 | |
| Income statement | ||||||
9900 |
64,148 | 56,712 | 29,775 | 34,529 | 34,576 | |
630 |
704 | 152 | - | - | - | |
640/8 |
605 | 776 | 232 | 157 | - | |
9901 |
62,840 | 55,784 | 29,543 | 34,371 | 34,576 | |
75/76B |
0 | 374 | 358 | - | - | |
75 |
0 | 374 | 358 | - | - | |
65/66B |
3,364 | 2,464 | 2,738 | 923 | 23 | |
65 |
3,364 | 2,464 | 2,738 | 923 | 23 | |
9903 |
59,475 | 53,694 | 27,164 | 33,448 | 34,553 | |
67/77 |
13,540 | 11,749 | 6,274 | 6,940 | 6,911 | |
9904 |
45,935 | 41,946 | 20,889 | 26,508 | 27,642 | |
9905 |
45,935 | 41,946 | 20,889 | 26,508 | 27,642 | |
| Appropriation of the result | ||||||
9906 |
90,921 | 116,986 | 75,040 | 54,151 | 27,642 | |
14P |
44,986 | 75,040 | 54,151 | 27,642 | - | |
694/7 |
51,100 | 72,000 | - | - | - | |
694 |
50,000 | 72,000 | - | - | - | |
695 |
1,100 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-10-2026 | 2026-00594296 | |
| 31-03-2025 | micro format | 02-10-2025 | 2025-00532817 | |
| 31-03-2024 | micro format | 11-10-2024 | 2024-00504442 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00496602 | |
| 31-03-2022 | micro format | 24-10-2022 | 2022-20475540 |
Subsidies and aid
Flemish government 2023 to 2024, 2 entries, €693 awarded, €693 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €75 | €75 |
| 2023 | 1 | €618 | €618 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| 63,543 | 55,936 | - | - | - | ||
| 46,639 | 42,098 | - | - | - | ||
| 0 | 3,518 | 17,000 | - | - | ||
| -5,957 | -28,382 | 2,885 | 28,829 | - | ||
| 39,658 | 44,119 | 60,540 | 56,651 | 30,142 | ||
| 78.7% | 73.8% | 83.7% | 81.6% | 73.2% | ||
| 4.46 | 3.62 | 5.01 | 5.43 | 3.73 | ||
| 0.27 | 0.36 | 0.19 | 0.23 | 0.37 | ||
| 108.5% | 88.3% | 26.9% | 46.8% | 91.7% | ||
| 85.4% | 65.2% | 22.5% | 38.2% | 67.1% | ||
| 18.89 | 22.71 | - | - | - |
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| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,518 | - | - | - |
| Financial fixed assets | - | - | €17,000 | - | - |
| €704 | €152 | - | - | - |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on GP ENGINEERING
The operating result for 2026 is 13% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.
Debt's share of the balance-sheet total falls from 26.2% to 21.3%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 13-07-2021
term without a fixed end
listed in the 2026 annual accounts, filed on 29-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 23-07-2021
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 13-07-2021 to date
Control
Founder
This company
GP ENGINEERING
Equity €42,321
Profit €45,935 in 2026
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €423 in 2026
- Source
- deed of 23-07-2021
Articles of association
deed of 23-07-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering die bestuurder(s) benoemt bepaalt aantal,duur opdracht en bij meerdere bevoegdheid”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal, erfgenamen en legatarissen die geen…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of September at 18:00
Shareholders
At incorporation
deed of 23-07-2021 ↗
- 100 shares (100%) · €2,500 in cash
Network & group
No group
GP ENGINEERING has no parent and no holdings in its annual accounts. is the only director. GP ENGINEERING shares no director with another company.
Timeline
Timeline
10 events since 2021Filings
Financial
Establishments
Address
202220242026
Deadline for the 2027 accounts: 31-10-2027
2026
Annual accounts 2026 filed NBBmicro format · 2 days before the deadline
Highest result from 2022 to 2026 net €45,935 ▲9.5% The operating result of €62,840 and the net result of €45,935 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0771563338
2025
Annual accounts 2025 filed PDFmicro format · 29 days before the deadline
2024
Annual accounts 2024 filed PDFmicro format · 20 days before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
Registered office moved from Genk to DiepenbeekNew registered office: Kukkelbosstraat 120, 3590 Diepenbeek · Previous registered office: Streepkenstraat 29, 3600 Genk · Board meeting of 25-07-20232 points ▸
- Board meeting, 25-07-2023
- Registered-office move, Kukkelbosstraat 120, 3590 Diepenbeek
2022
Annual accounts 2022 filed PDFmicro format · 7 days before the deadline
2021
IncorporationFounding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 23-07-20216 points ▸
- Founder,
- Founding capital, €2,500, 100 shares
- 100 shares
- Registered office clause, Streepkenstraat 29, 3600 Genk
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 1 more point.
First establishment Kukkelbosstraat 120, Diepenbeek
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
Company details
Identity
- Enterprise number
- 0771.563.338
- VAT number
- BE 0771.563.338
- Peppol ID
- 0208:0771563338
- Other Peppol ID
- 9925:BE0771563338
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-07-2021
- Financial year
- ends on 31 March
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of September at 18:00deed of 23-07-2021 (in Dutch)
- Peppol
- Reachable since 08-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GP ENGINEERING in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-07-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 23-07-2021 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het voorbereiden,adviseren,plannen,opvolgen,calculeren en coördineren van bouwprojecten in de meest ruime zin van het woord; Het voor eigen…”deed of 23-07-2021 (in Dutch)
4 activities
- Het voorbereiden,adviseren,plannen,opvolgen,calculeren en coördineren van bouwprojecten in de meest ruime zin van het woord
- Het voor eigen rekening aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen
- Het beheer van en de handel in onroerende goederen voor eigen rekening. Zo kan de vennootschap onroerende goederen bouwen,renoveren,kopen en verkopen,huren en verhuren en alle mogelijke onroerende handelingen verrichtten die daarmee verband houden. De vennootschap kan als waarborg voor eigen verbintenissen en voor verbintenissen van derden borg staan,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met haar maatschappelijk doel verband houden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kukkelbosstraat 120 registered office 3590 Diepenbeek 4100106 General construction of residential buildings | 20-07-2021 | 2.319.765.787 |
1 former office
- Streepkenstraat 29, 3600 Genk until 25-07-2023 · deed of 23-08-2023
Buildings and parcels at the address
- Ground area
- 1,439 m²
- Buildings
- 118 m²
- Volume, LiDAR
- 763 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71402D0788/00N003 | 1,439 m² | 1 · 118 m² | 9.6 m · 2 |
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 0771.563.338