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Gpetru Construct

Active
Private limited companyfounded 2025active for 1 yearChaussée de Nivelles 168, 6041 Charleroi, BelgiumKBO/BCE: BE 1022.173.231

Financials · financial year 2025, micro format

2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00382524.

Annual accounts 2025 filed on 03-08-2026 at the NBB

Turnover
≈ €55,000
Estimated: probably between €27,000 and €110,000
Total assets
€63,990
Net result
€6,888
Working capital
€2,517

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €63,373
Fixed assets €5,588
Current assets €57,785
Equity and liabilities €63,990
Equity €8,722
Debt €55,268
Debt's share of the balance-sheet total is 86.4%.
Key figures and ratios
2025 value
EBITDA
€11,261
Cash flow
€9,161
Current ratio
1.05
Debt to equity
6.34
ROE
79.0%
ROA
10.8%
Interest coverage
14.83
Debt ≤ 1 year
€55,268
Income taxes
€1,812

Investments

fixed assets acquired
Item2025
Tangible fixed assets€6,028
Depreciation and write-downs of the year€2,273

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

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€63,990
Formation expenses20€617
Fixed assets21/28€5,588
Tangible fixed assets22/27€5,588
Plant, machinery and equipment23€5,241
Furniture and vehicles24€347
Current assets29/58€57,785
Amounts receivable within one year40/41€55,279
Trade receivables40€45,714
Other amounts receivable41€9,564
Cash at bank and in hand54/58€2,507
Equity and liabilities
Total equity and liabilities10/49€63,990
Equity10/15€8,722
Contributions10/11€3,500
Reserves13€5,222
Distributable reserves133€5,222
Profit (loss) carried forward14€0
Amounts payable17/49€55,268
Amounts payable within one year42/48€55,268
Trade debts44€10,083
Suppliers440/4€10,083
Advances received on contracts in progress46€41,530
Taxes, remuneration and social security45€2,488
Taxes450/3€2,488
Other amounts payable47/48€1,166
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,273
Other operating charges640/8€568
Gross operating margin9900€11,829
Operating profit (loss)9901€8,988
Financial income75/76B€471
Recurring financial income75€471
Financial charges65/66B€759
Recurring financial charges65€759
Profit (loss) for the period before taxes9903€8,700
Income taxes67/77€1,812
Profit (loss) for the period9904€6,888
Profit (loss) for the period to be appropriated9905€6,888
Appropriation of the result
Profit (loss) to be appropriated9906€6,888
Transfer to equity691/2€5,222
To other reserves6921€5,222
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts have 6 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 2025 at the NBB, filed on 03-08-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,273
Other operating charges640/8€568
Gross operating margin9900€11,829
Operating profit (loss)9901€8,988
Financial income75/76B€471
Recurring financial income75€471
Financial charges65/66B€759
Recurring financial charges65€759
Profit (loss) for the period before taxes9903€8,700
Income taxes67/77€1,812
Profit (loss) for the period9904€6,888
Profit (loss) for the period to be appropriated9905€6,888
Line2025
Assets
Total assets20/58€63,990
Formation expenses20€617
Fixed assets21/28€5,588
Tangible fixed assets22/27€5,588
Plant, machinery and equipment23€5,241
Furniture and vehicles24€347
Current assets29/58€57,785
Amounts receivable within one year40/41€55,279
Trade receivables40€45,714
Other amounts receivable41€9,564
Cash at bank and in hand54/58€2,507
Equity and liabilities
Total equity and liabilities10/49€63,990
Equity10/15€8,722
Contributions10/11€3,500
Reserves13€5,222
Distributable reserves133€5,222
Profit (loss) carried forward14€0
Amounts payable17/49€55,268
Amounts payable within one year42/48€55,268
Trade debts44€10,083
Suppliers440/4€10,083
Advances received on contracts in progress46€41,530
Taxes, remuneration and social security45€2,488
Taxes450/3€2,488
Other amounts payable47/48€1,166
Line2025
Profit (loss) for the period9904€6,888
+ Depreciation and write-downs630€2,273
Operating cash flow (approximation)€9,161

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,390 companies had the same profile as Gpetru Construct has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
96.7% was still going
2.0% stopped otherwise
1.2% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Gpetru Construct itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 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 2,390 companies, not a prediction for Gpetru 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 03-08-2026 2026-00382524 PDF

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