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GPI BUILDING

Active
Private limited companyfounded 201312 yrs activeGlasstraat 15, 2170 Antwerpen, BelgiumKBO/BCE: BE 0541.828.835
Summary

GPI BUILDING has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €3k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 721 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-17
Solvency75▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.64 in 2024; short-term debt: 26.5% and cash: 23.5% of total assets), and 49.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
50.1%
Return on assets
1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
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 filings
Deviation from the deadline
2025
35 d early
2024
5 d early
2023
43 d early
2022
30 d early
2021
57 d early
2020
53 d early
2019
41 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€178k▲ 2.0%
2024 · €175k
2018: €52k 2019: €55k 2020: €58k 2021: €72k 2022: €99k 2023: €143k 2024: €175k
2018 → 2025
Total assets
€356k▼ 2.8%
2024 · €366k
2018: €493k 2019: €387k 2020: €354k 2021: €318k 2022: €352k 2023: €357k 2024: €366k
2018 → 2025
Net result
€3k▼ 89.1%
2024 · €32k
2018: €39k 2019: €32k 2020: €33k 2021: €49k 2022: €62k 2023: €44k 2024: €32k
2018 → 2025
Working capital
€49k▼ 11.7%
2024 · €55k
2018: €20k 2019: €5k 2020: €-5k 2021: €-4k 2022: €12k 2023: €33k 2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€72k-€99k▲ 37.9%€143k▲ 44.1%€175k▲ 22.5%€178k▲ 2.0%
Operating result€59k-€75k▲ 28.3%€62k▼ 17.7%€47k▼ 23.6%€9k▼ 81.4%
Net result€49k-€62k▲ 27.0%€44k▼ 29.7%€32k▼ 26.5%€3k▼ 89.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €59k€59kNet result 2021: €49k€49kOperating result 2022: €75k€75kNet result 2022: €62k€62kOperating result 2023: €62k€62kNet result 2023: €44k€44kOperating result 2024: €47k€47kNet result 2024: €32k€32kOperating result 2025: €9k€9kNet result 2025: €3k€3k20212022202320242025€0€20k€40k€60kOperating result 2023: €62k€62kNet result 2023: €44k€44kOperating result 2024: €47k€47kNet result 2024: €32k€32kOperating result 2025: €9k€8.8kNet result 2025: €3k€3.5k202320242025
The operating result has fallen three years in a row; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356k
Fixed assets €213k ▼ 5.6%
Current assets €143k ▲ 1.6%
Equity and liabilities €356k
Equity €178k ▲ 2.0%
Debt €178k ▼ 7.3%
Debt's share of the balance-sheet total falls from 52.3% to 49.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22k
2024 · €60k
Cash flow
€16k
2024 · €45k
Current ratio
1.51
2024 · 1.64
Debt to equity
1.00
2024 · 1.09
ROE
2.0%
2024 · 18.4%
ROA
1.0%
2024 · 8.8%
Interest coverage
5.19
2024 · 13.29
Debt ≤ 1 year
€94k
2024 · €86k
Debt > 1 year
€83k
2024 · €106k
Income taxes
€1k
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€366k€356k
Fixed assets21/28€226k€213k
Tangible fixed assets22/27€226k€213k
Land and buildings22€226k€213k
Current assets29/58€141k€143k
Amounts receivable within one year40/41€43k€52k
Trade receivables40€43k€43k
Other amounts receivable41€0€9k
Cash at bank and in hand54/58€92k€84k
Deferred charges and accrued income490/1€6k€7k
Equity and liabilities
Total equity and liabilities10/49€366k€356k
Equity10/15€175k€178k
Contributions10/11€19k€19k=
Reserves13€156k€160k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€156k€160k
Amounts payable17/49€191k€178k
Amounts payable after more than one year17€106k€83k
Financial debts170/4€106k€83k
Amounts payable within one year42/48€86k€94k
Current portion of amounts payable after more than one year42€23k€23k=
Trade debts44€23k€33k
Suppliers440/4€23k€33k
Taxes, remuneration and social security45€3k€0
Taxes450/3€3k€0
Other amounts payable47/48€37k€38k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€4k€4k
Gross operating margin9900€64k€26k
Operating profit (loss)9901€47k€9k
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€43k€5k
Income taxes67/77€11k€1k
Profit (loss) for the period9904€32k€3k
Profit (loss) for the period to be appropriated9905€32k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€32k€3k
Transfer to equity691/2€32k€3k
To other reserves6921€32k€3k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
26-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Weakest financial yearnet €3k ▼89.1%
Net result drops to €3k, the lowest in the series.
25-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Equity above €150kEq €175k ▲22.5%
7 profitable years in a row build equity to €175k.
18-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Equity above €100kEq €143k ▲44.1%
6 profitable years in a row build equity to €143k.
31-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Highest result since 2018net €62k ▲27%
Operating result €75k, net result €62k, both a record.
04-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Glasstraat 152170 Antwerpen
Ground area
1.8 ha
Building footprint
2,339 m²
Volume, LiDAR
15,862 m³
Parcel 11422C0276/00F003, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GPI BUILDING
Glasstraat 15, 2170 AntwerpenWarehousing and support activities for transportation
since 20132.223.864.065
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0276/00F003 Flanders 1.8 ha 1 · 2,339 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,030 companies in sector 52100 we hold annual accounts for 765. 464 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-11-2013
Fiscal year end30-09
Activities, NACEBEL 2025
52100Warehousing and storage
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

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