Equity
€178,414 ▲ 2.0%
GPI BUILDING has made a profit in every financial year since 2015.
GPI BUILDING
Lifetime
11 annual accounts with figures on one time axispeak €151,499 (2015)
€25,854▼ 59.5%
peak €81,387 (2017)
€3,495▼ 89.1%
peak €178,414 (2025)
€178,414▲ 2.0%
€177,559▼ 7.3%
Board1 name since 2013
1 directorMP Solutions
Owners
99.46%MP Solutions
Documentsfilings and deeds
26-03-202635 days before the deadline
2025abbreviated format
Gross margin from €63,796 to €25,854Result from €32,141 to €3,495
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 53% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025highest value
05-2025: 0.2%▼ -0.2 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025lowest value
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: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 1.51, cash €83,710
Founded in 2013
Equity €178,414 (50.1% of total assets)
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 52, micro). It does better than 58% of them on solvency, 74% on liquidity, 39% on profitability and 42% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 10,904 companies had the same profile as GPI BUILDING has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of GPI BUILDING itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 10,904 companies, not a prediction for GPI BUILDING. 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 €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.51 (1.64 in 2024), above the usual 1.5. Short-term debt is 26.5% and cash 23.5% of total assets. 49.9% 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 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
5 days early
2023
43 days early
2022
30 days early
2021
57 days early
2020
53 days early
2019
41 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- MP Solutions 99.46%equity €1.2m (2025) · 30-09-2025 annual accounts of MP Solutions
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0541828835
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: MP Solutions · Gazette deed
Incorporation
published on 18-11-2013 · Gazette deed
First establishment
Glasstraat 15, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GPI BUILDING Antwerp | €355,973 | €25,854 | 50.1% | - |
| HEINE Soumagne | €442,148 | €26,407 | 98.7% | - |
| ERELCO Gouvy | €441,086 | €29,153 | -22.6% | - |
| IMMO TMCF Thimister-Clermont | €204,541 | €21,149 | 41.0% | - |
| SRL GCA Pont-à-Celles | €332,347 | €50,933 | 34.8% | - |
| TEEPEE Orp-Jauche | €484,596 | €48,589 | 11.8% | - |
| J&C IMMOBILIERE Grâce-Hollogne | €358,751 | €37,241 | 8.9% | - |
These companies have the same main activity as GPI BUILDING: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €205,000 and €485,000, founded between 2011 and 2018.
Official details
Source: KBO- Status
- Active since 13-11-2013Normal situation
- Activity
- Warehousing and storageNACE 52100and 1 other
- Establishment unit
- 2.223.864.0652170 Antwerp, since 13-11-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 24-10-2025
Annual accounts to 30-09-2025
- €355,973▼ 2.8%
- Filing
- Filed on 26-03-2026, 35 days before the end of the filing period
Insights on GPI BUILDING
GPI BUILDING files the abbreviated format. That format states no turnover. The gross margin fell from €151,499 in 2015 to €25,854 in 2025.
MP Solutions holds 99.46% of the shares.
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 GPI BUILDING
- What is the company number of GPI BUILDING?
- The company number of GPI BUILDING is 0541.828.835. The VAT number is the same number with BE in front: BE 0541.828.835.
- Where is GPI BUILDING based?
- The registered office is at Glasstraat 15, 2170 Antwerp.Company details
- What does GPI BUILDING do?
- According to the KBO register, the main activity is warehousing and storage (NACE 52100).
- What is the legal form of GPI BUILDING?
- GPI BUILDING is a private limited company (BV).
- When was GPI BUILDING founded?
- GPI BUILDING was founded on 13-11-2013.
- Is GPI BUILDING still active?
- Yes, GPI BUILDING is an active enterprise in the KBO register.
- What is the turnover of GPI BUILDING?
- The turnover in financial year 2025 is ≈ €93,000. This figure is estimated from the gross margin of €25,854 and 1,231 comparable companies of the same size. It probably lies between €50,000 and €170,000. It is a rough estimate.Financials
- Is GPI BUILDING profitable?
- In financial year 2025, GPI BUILDING made a profit of €3,495.
- Where can I find the annual accounts of GPI BUILDING?
- GPI BUILDING filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GPI BUILDING due?
- GPI BUILDING must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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