Skip to content

GPC CONSTRUCT

Active
Private limited companyfounded 2011active for 15 yearsBreeschstraat 24, 1020 Brussel, BelgiumKBO/BCE: BE 0840.081.861
Summary

GPC CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €229,014 and a net result of €31,935. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 92% of 3,535 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Other construction installation
NACE 43240General construction of residential buildings NACE 41001
1 site
Size
€652,713turnover 2024
Staff
0.9 FTE
Equity
€229,014
Profit
€31,935
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts not filed, 87 days past the deadline1 of 2 deeds summarised
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 20-08-2025)lowers riskLiquidity: current ratio 4.35, cash €64,824Founded in 2011Equity €229,014 (81.4% of total assets)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 43, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+28
equity 81.4% of total assets
Liquidity 73+39
short-term debt 18.6% · cash 23.0%
Profitability 75-2
return on assets 11.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.3 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 4.35, compared with 1.58 in 2023, above the usual 1.5; short-term debt: 18.6% and cash: 23% of total assets), and 18.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 90% on solvency, 72% on liquidity, 48% on profitability and 59% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.35, cash €64,824
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 20-08-2025)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €229,014 (81.4% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 20 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
20 days late
2023
21 days late
2022
61 days late
2021
2 days early
2020
90 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Liquidity more than doubledcurrent ratio 4.35
  3. Equity above €200,000equity €229,014 ▲16.2%

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.

Turnover
€652,713▲ 4.9%
2023 · €622,380
EBIT margin
7.2%▼ 3.3pp
2023 · 10.5%
Net result
€31,935▼ 26.8%
2023 · €43,643
Working capital
€175,563▲ 33.2%
2023 · €131,765
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has fallen two years in a row; 2024 is 28% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€652,713 2024 Operating result€47,069 2024 Net result€31,935 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€806,495-€890,852▲ 10.5%€533,084▼ 40.2%€503,164▼ 5.6%€702,821▲ 39.7%€622,380▼ 11.4%€652,713▲ 4.9%
Operating result€86,864-€79,550▼ 8.4%€13,867▼ 82.6%€11,522▼ 16.9%€74,687▲ 548%€65,260▼ 12.6%€47,069▼ 27.9%
Net result€55,146-€60,612▲ 9.9%€11,844within the sector's middle half▼ 80.5%€8,054within the sector's middle half▼ 32.0%€53,886within the sector's middle half▲ 569%€43,643within the sector's middle half▼ 19.0%€31,935within the sector's middle half▼ 26.8%
EBIT margin10.8%-8.9%▼ 1.8pp2.6%▼ 6.3pp2.3%▼ 0.3pp10.6%▲ 8.3pp10.5%▼ 0.1pp7.2%▼ 3.3pp
Equity€75,040-€79,652▲ 6.1%€91,496within the sector's middle half▲ 14.9%€99,550within the sector's middle half▲ 8.8%€153,436within the sector's middle half▲ 54.1%€197,079within the sector's middle half▲ 28.4%€229,014within the sector's middle half▲ 16.2%
Total assets€324,951-€332,594▲ 2.4%€195,832within the sector's middle half▼ 41.1%€216,586within the sector's middle half▲ 10.6%€267,040within the sector's middle half▲ 23.3%€422,581within the sector's middle half▲ 58.2%€281,462below the sector's middle half▼ 33.4%
Debt€249,911-€252,942▲ 1.2%€104,336▼ 58.8%€117,036▲ 12.2%€113,604▼ 2.9%€225,503▲ 98.5%€52,447▼ 76.7%
Working capital€27,282-€43,403▲ 59.1%€60,266within the sector's middle half▲ 38.9%€89,421within the sector's middle half▲ 48.4%€125,450within the sector's middle half▲ 40.3%€131,765within the sector's middle half▲ 5.0%€175,563within the sector's middle half▲ 33.2%
Solvency23.1%-23.9%▲ 0.9pp46.7%within the sector's middle half▲ 22.8pp46.0%within the sector's middle half▼ 0.8pp57.5%within the sector's middle half▲ 11.5pp46.6%within the sector's middle half▼ 10.8pp81.4%above the sector's middle half▲ 34.7pp
Current ratio1.11-1.17▲ 0.061.58within the sector's middle half▲ 0.411.76within the sector's middle half▲ 0.192.10within the sector's middle half▲ 0.341.58within the sector's middle half▼ 0.524.35above the sector's middle half▲ 2.76
Return on assets (ROA)17.0%-18.2%▲ 1.3pp6.0%within the sector's middle half▼ 12.2pp3.7%within the sector's middle half▼ 2.3pp20.2%above the sector's middle half▲ 16.5pp10.3%within the sector's middle half▼ 9.9pp11.3%within the sector's middle half▲ 1.0pp
Staff (FTE)0.21below the sector's middle half▲ 400%1below the sector's middle half=0.2below the sector's middle half0.9below the sector's middle half▲ 350%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €281,462
Fixed assets €53,451 ▼ 18.2%
Current assets €228,011 ▼ 36.2%
Equity and liabilities €281,462
Equity €229,014 ▲ 16.2%
Debt €52,447 ▼ 76.7%
Debt's share of the balance-sheet total falls from 53.4% to 18.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€62,865▼
2023 · €73,987
Cash flow
€47,732▼
2023 · €52,369
Debt to equity
0.23▼
2023 · 1.14
ROE
13.9%▼
2023 · 22.1%
Interest coverage
96.04▲
2023 · 42.04
Debt ≤ 1 year
€52,447▼
2023 · €225,503
Income taxes
€14,493▼
2023 · €19,858
Staff costs
€10,244▲
2023 · €7,993
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€422,581€281,462▼
Fixed assets21/28€65,313€53,451▼
Tangible fixed assets22/27€64,854€53,451▼
Plant, machinery and equipment23€2,483€2,138▼
Furniture and vehicles24€62,370€51,313▼
Financial fixed assets28€460-
Current assets29/58€357,268€228,011▼
Amounts receivable within one year40/41€173,111€131,444▼
Trade receivables40€173,109€112,453▼
Other amounts receivable41€2€18,991▲
Cash at bank and in hand54/58€36,782€64,824▲
Deferred charges and accrued income490/1€147,376€31,742▼
Equity and liabilities
Total equity and liabilities10/49€422,581€281,462▼
Equity10/15€197,079€229,014▲
Contributions10/11€6,200€6,200=
Contributions outside capital11€6,200€6,200=
Other1109/19€6,200€6,200=
Reserves13€1,860€33,795▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133-€31,935
Profit (loss) carried forward14€189,019€189,019=
Amounts payable17/49€225,503€52,447▼
Amounts payable within one year42/48€225,503€52,447▼
Current portion of amounts payable after more than one year42-€460
Financial debts43€13-
Credit institutions430/8€13-
Trade debts44€213,649€43,249▼
Suppliers440/4€2,813€586▼
Bills of exchange payable441€210,836€42,663▼
Taxes, remuneration and social security45€11,840€8,739▼
Taxes450/3€10,440€4,493▼
Remuneration and social security454/9€1,400€4,246▲
Income statement Code20232024
Turnover70€622,380€652,713▲
Goods, raw materials, services and sundry goods60/61€542,950€566,820▲
Remuneration, social security and pensions62€7,993€10,244▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,726€15,796▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€16,245
Other operating charges640/8€8,377€3,357▼
Gross operating margin9900€90,356€92,711▲
Operating profit (loss)9901€65,260€47,069▼
Financial income75/76B€0€13▲
Recurring financial income75€0€13▲
Financial charges65/66B€1,760€655▼
Recurring financial charges65€1,760€655▼
Profit (loss) for the period before taxes9903€63,501€46,428▼
Income taxes67/77€19,858€14,493▼
Profit (loss) for the period9904€43,643€31,935▼
Profit (loss) for the period to be appropriated9905€43,643€31,935▼
Appropriation of the result
Profit (loss) to be appropriated9906€189,019€220,954▲
Profit (loss) brought forward from the previous period14P€145,376€189,019▲
Transfer to equity691/2-€31,935
To other reserves6921-€31,935
Social balance sheet
Average headcount (FTE)90870.20.9▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Turnover70€806,495€890,852€533,084€503,164€702,821€622,380€652,713▲ 4.9%
Goods, raw materials, services and sundry goods60/61---€459,506€611,902€542,950€566,820▲ 4.4%
Remuneration, social security and pensions62---€7,303€5,172€7,993€10,244▲ 28.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,820€24,717€12,026€22,213€10,176€8,726€15,796▲ 81.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€16,245-
Other operating charges640/8---€3,470€3,414€8,377€3,357▼ 59.9%
Gross operating margin9900€125,962€162,333€53,710€44,508€93,449€90,356€92,711▲ 2.6%
Operating profit (loss)9901€86,864€79,550€13,867€11,522€74,687€65,260€47,069▼ 27.9%
Financial income75/76B---€2€1€0€13▲ 112×
Recurring financial income75-€0€4€2€1€0€13▲ 112×
Financial charges65/66B---€459€445€1,760€655▼ 62.8%
Recurring financial charges65€630€316€102€459€445€1,760€655▼ 62.8%
Profit (loss) for the period before taxes9903€86,234€79,234€13,769€11,065€74,243€63,501€46,428▼ 26.9%
Income taxes67/77€31,088€18,622€1,924€3,011€20,357€19,858€14,493▼ 27.0%
Profit (loss) for the period9904€55,146€60,612€11,844€8,054€53,886€43,643€31,935▼ 26.8%
Profit (loss) for the period to be appropriated9905€55,146€60,612€11,844€8,054€53,886€43,643€31,935▼ 26.8%
Line2018201920202021202220232024Change
Assets
Total assets20/58€324,951€332,594€195,832€216,586€267,040€422,581€281,462▼ 33.4%
Fixed assets21/28€47,758€36,249€31,230€10,129€27,986€65,313€53,451▼ 18.2%
Tangible fixed assets22/27€46,114€35,789€30,770€9,669€27,526€64,854€53,451▼ 17.6%
Plant, machinery and equipment23---€2,616€1,409€2,483€2,138▼ 13.9%
Furniture and vehicles24---€7,053€26,117€62,370€51,313▼ 17.7%
Financial fixed assets28€1,644€460€460€460€460€460--
Current assets29/58€277,193€296,345€164,603€206,456€239,054€357,268€228,011▼ 36.2%
Stocks and contracts in progress3---€12,120----
Stocks30/36---€12,120----
Amounts receivable within one year40/41€138,510€247,001€119,561€120,341€170,641€173,111€131,444▼ 24.1%
Trade receivables40---€102,033€153,482€173,109€112,453▼ 35.0%
Other amounts receivable41---€18,308€17,158€2€18,991▲ 8,874×
Cash at bank and in hand54/58€5,685€5,401€23,852€20,640€37,606€36,782€64,824▲ 76.2%
Deferred charges and accrued income490/1---€53,356€30,808€147,376€31,742▼ 78.5%
Equity and liabilities
Total equity and liabilities10/49€324,951€332,594€195,832€216,586€267,040€422,581€281,462▼ 33.4%
Equity10/15€75,040€79,652€91,496€99,550€153,436€197,079€229,014▲ 16.2%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Capital10---€6,200€6,200---
Issued capital100---€18,600€18,600---
Uncalled capital101---€12,400€12,400---
Contributions outside capital11-----€6,200€6,200=
Other1109/19-----€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€33,795▲ 18×
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860€1,860---
Reserves not available under the articles1311-----€1,860€1,860=
Distributable reserves133------€31,935-
Profit (loss) carried forward14€66,980€71,592€83,436€91,490€145,376€189,019€189,019=
Amounts payable17/49€249,911€252,942€104,336€117,036€113,604€225,503€52,447▼ 76.7%
Amounts payable within one year42/48€249,911€252,942€104,336€117,036€113,604€225,503€52,447▼ 76.7%
Current portion of amounts payable after more than one year42---€1,500--€460-
Financial debts43---€3,818€25€13--
Credit institutions430/8---€3,818€25€13--
Trade debts44€207,337€203,575€84,863€106,031€99,752€213,649€43,249▼ 79.8%
Suppliers440/4---€13,646€10,629€2,813€586▼ 79.2%
Bills of exchange payable441---€92,385€89,123€210,836€42,663▼ 79.8%
Taxes, remuneration and social security45---€5,687€12,412€11,840€8,739▼ 26.2%
Taxes450/3----€10,959€10,440€4,493▼ 57.0%
Remuneration and social security454/9---€5,687€1,453€1,400€4,246▲ 203%
Other amounts payable47/48----€1,415---
Line2018201920202021202220232024Change
Profit (loss) for the period9904€55,146€60,612€11,844€8,054€53,886€43,643€31,935▼ 26.8%
+ Depreciation and write-downs630€30,820€24,717€12,026€22,213€10,176€8,726€15,796▲ 81.0%
Operating cash flow (approximation)€85,966€85,329€23,870€30,267€64,062€52,369€47,732▼ 8.9%
Investment in fixed assets (approximation)--€13,208-€7,007-€1,113-€28,032-€46,054-€3,934▲ 91.5%
Change in cash--€284€18,451-€3,213€16,966-€824€28,043-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 20-08-2025 2025-00387247
31-12-2023 full format 21-08-2024 2024-00357991
31-12-2022 full format 30-09-2023 2023-00465755
31-12-2021 full format 29-07-2022 2022-20247467
31-12-2020 full format 29-10-2021 2021-74900209
31-12-2019 full format 30-11-2020 2020-73400526
31-12-2018 full format 30-09-2019 2019-66900341
31-12-2017 full format 25-07-2018 2018-38000119
31-12-2016 full format 14-07-2017 2017-31600467
31-12-2015 full format 29-07-2016 2016-38100570

Show all 13 filings

Similar companies · same sector, comparable size

Of the 4,010 active companies whose main activity is other construction installation (NACE 43240), figures are known for 1,624. 1,240 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
GRIGORAS Pavel
Director (not named in the articles) · since 28-02-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
GRIGORAS Pavel
  • Manager, until 28-02-2024
  • Director (not named in the articles), from 28-02-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 28-02-2024 Converted to unavailable equity · €8,060

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 7 October 2011, GPC CONSTRUCT was incorporated.1 Turnover went from €806,495 in 2018 to €652,713 in 2024 and headcount from 0.2 full-time equivalents in 2019 to 0.9 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019 and 2024

Acts, filings and financial milestones

2025
20-08
NBB filing Annual accounts filed
financial year 2024 · full format · 20 days late
2024
31-12
Financial Liquidity more than doubledcurrent ratio 4.35
Current ratio from 1.58 to 4.35; short-term debt falls from €225,503 to €52,447.
31-12
Financial Equity above €200,000equity €229,014 ▲16.2%
A profit in every financial year since 2018 builds equity to €229,014.
21-08
NBB filing Annual accounts filed
financial year 2023 · full format · 21 days late
28-02
Gazette deed Resignation: GRIGORAS Pavel (manager)
Appointment: GRIGORAS Pavel (director) · Amendment of the articles · Capital conversion9 facts ▸
  • General meeting, 16-11-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “supprimer, fonds disponibles pour distribution” (deed in French)
  • Director resignation, GRIGORAS Pavel (manager)
  • Director appointment, GRIGORAS Pavel (director (not named in the articles))
  • Director discharge, GRIGORAS Pavel
  • Registered office clause, “1020 Bruxelles (Laeken), Rue Breesch 24” (deed in French)
  • Other provision, “coordination des statuts, établir et signer coordination conformément à décision précédente et assurer dépôt au dossier” (deed in French)
2023
30-09
NBB filing Annual accounts filed
financial year 2022 · full format · 61 days late
2022
31-12
Financial Equity above €150,000equity €153,436 ▲54.1%
A profit in every financial year since 2018 builds equity to €153,436.
29-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet €8,054 ▼32%
Net result drops to €8,054, the lowest in the series; recovery starts the following year.
29-10
NBB filing Annual accounts filed
financial year 2020 · full format · 90 days late
2020
30-11
NBB filing Annual accounts filed
financial year 2019 · full format · 122 days late
2019
31-12
Financial Highest result from 2018 to 2024net €60,612 ▲9.9%
Net result €60,612, the highest in the series.
Show earlier events
30-09
NBB filing Annual accounts filed
financial year 2018 · full format · 61 days late
2018
25-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
14-07
NBB filing Annual accounts filed
financial year 2016 · full format
2016
29-07
NBB filing Annual accounts filed
financial year 2015 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded07-10-2011
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0840081861
Also 9925:BE0840081861
Registered 01-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0840.081.861

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2011
registered office establishment The establishment unit on the map
Ground area
132 m²
Building footprint
83 m²
Building volume
844 m³
Parcel 21816C0085/00B007, Brussels · tallest building 15.0 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Breeschstraat 24, 1020 Brussel
Forging of metal
since 2011unit no. 2.203.718.650
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21816C0085/00B007 Brussels 132 m² 1 · 83 m² 15.0 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’entreprise générale du bâtiment,peinture,maçonnerie,électricité,toiture,toute autre activité de rénovation et construction; Transport de…” (deed in French)
30 activities (deed in French)
  1. L’entreprise générale du bâtiment,peinture,maçonnerie,électricité,toiture,toute autre activité de rénovation et construction
  2. Transport de marchandises et de personnes
  3. Entreprise de design
  4. Entreprise de garde et sécurité
  5. Exploitation d’un restaurant
  6. Entreprise générale de nettoyage pour les clients professionnels
  7. Services ménagers dans le système des titres services
  8. L’exploitation d’un garage auto ainsi que la réalisation d’un commerce de voitures d’occasion y compris la location des voitures
  9. L’exploitation d’une entreprise de réparation de véhicules automobiles,la réparation des parties mécaniques et électriques
  10. Le commerce au détail de véhicules automobiles pour le transport de personnes y compris les véhicules automobiles spécialisés(ambulances)
  11. L’exploitation d’une entreprise de courrier express
  12. 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
  13. Commerce snack-bar,boulangerie,café,pâtisserie
  14. Location de voitures et outillage de construction
  15. L’exploitation d’un salon de coiffure
  16. La fabrication de meubles
  17. Garderie d’enfants
  18. Travaux de secrétariat,de bureau et travaux administratifs
  19. Soutien de bureau,conseil
  20. La vente en gros et en détail de:matériaux de construction,matériel électrique et électronique,sanitaire et plomberie
  21. La vente en gros et en détail de:tous produits alimentaires tels que fruits,légumes,conserves,produits laitiers,produits de la mer,poissons,boucherie,articles de ménage et article cadeaux
  22. La vente en gros et en détail de:vidéothèque,location de produits de divertissements,films et tous autres produits assimilés
  23. La vente en gros et en détail de:tous textiles en général,vêtements divers,chaussures,cordonnerie,serrurerie,maroquinerie dans le sens le plus large
  24. La vente en gros et en détail de:tous produits de l’artisanat en général,tapisserie,y compris les articles du tiers-monde,des meubles
  25. La vente en gros et en détail de:tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage,ainsi que savons et détergents
  26. La vente en gros et en détail de:tous les articles d’horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières
  27. La vente en gros et en détail de:tous livres,antiquités,brocantes,objets de décoration,machines industrielles
  28. La vente en gros et en détail de:tous appareils électroménagers,tous films de bandes magnétiques,cassettes,tous articles imprimés ou enregistrés permettant leur lecture,vision ou audition
  29. La vente en gros et en détail de:tous matériels de bureau et d’informatique
  30. Entreprise générale de nettoyage

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, transfert en tout endroit Région Bruxelles-Capitale ou région langue française Belgique par simple décision…” (deed in French)

deed of 28-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, organe d'administration” (deed in French)
“Indépendamment frais représentation voyages déplacements, fixe ou proportionnelle” (deed in French)
“Organe d'administration, tout temps” (deed in French)

deed of 28-02-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, droit égal répartition bénéfices et produits liquidation” (deed in French)
1 more provision on this in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement si plusieurs, nullité” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)

deed of 28-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, faculté assemblée générale de désigner un ou plusieurs liquidateurs et…” (deed in French)

deed of 28-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, détermine librement au fur et à mesure besoins et époques jugées utiles versements ultérieurs sur actions souscrites en…” (deed in French)
Other provision: “Indivisibilité des titres, disposition spéciale contraire statuts/testament/convention créant usufruit” (deed in French)
Other provision: “Contrôle société, lorsque loi exige dans limites prévues” (deed in French)
Other provision: “19h, assemblée générale tenue et convocation” (deed in French)
Other provision: “Dans limites loi, assemblée générale procédure écrite” (deed in French)
Other provision: “Procédure écrite assemblée particulière-datation et déclaration, décision signée par tous les actionnaires parvenue au siège à date indiquée…” (deed in French)
Other provision: “Admission à l'assemblée générale, attestation établie par teneur agréé ou organisme de liquidation” (deed in French)
Other provision: “Séances-procès-verbaux, décisions de l'assemblée générale ou de l'actionnaire unique” (deed in French)
Other provision: “Délibérations-vote-procuration-ordre du jour-majorité, dispositions légales actions sans droit de vote” (deed in French)
Other provision: “Organe d'administration, n'annule pas autres décisions prises” (deed in French)
Other provision: “Pouvoirs de l'assemblée générale, pouvoirs conférés par Code des sociétés et des associations” (deed in French)
Liquidation distribution: “Répartition de l'actif net, apurement dettes charges frais ou consignation montants nécessaires” (deed in French)
Other provision: “Paiement dividendes et acomptes, avant fin exercice social au cours duquel montant fixé” (deed in French)
Other provision: “Siège, communications,sommations,assignations,significations valablement faites” (deed in French)
Other provision: “Compétence judiciaire, entre société,actionnaires,administrateurs,commissaires,liquidateurs relatifs aux affaires et exécution statuts” (deed in French)
Other provision: “Droit commun, contraires aux dispositions impératives censées non écrites” (deed in French)
Other provision: “Répartition-réserves, chaque action confère droit égal dans répartition bénéfices” (deed in French)
3 more provisions in the deed, see the deed of 28-02-2024

deed of 28-02-2024