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GS SOLUTIONS

Active
Private limited companyfounded 2006active for 20 yearsEvangeliestraat 195, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0883.743.343
Summary

GS SOLUTIONS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.4m and a net result of €2.3m. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 58% of 2,413 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
General electrical installation work
NACE 43211Other specialised construction activities NACE 43990
Largest employer in Hamme, Construction sector3 sites
Size
€33.1mturnover 2025
Staff
93.4 FTE
Equity
€7.4m
Profit
€2.3m
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Auditor: DANNY PRAET-BEDRIJFSREVISORAccounts 22 days early1 of 8 deeds read
Why 87raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.99, cash €587,200lowers riskFigures for financial year 2025 (filed 08-04-2026)Size: turnover €33.1m, 93.4 FTE, total assets €15.1mShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (NACE 43, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 74+4
equity 48.6% of total assets
Liquidity 41-3
short-term debt 32.2% · cash 3.9%
Profitability 84+2
return on assets 15.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (243 companies, NACE 43, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.2%▼ -0.4 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 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: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%▼ -0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.2 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.99, compared with 1.84 in 2024, above the usual 1.5; short-term debt: 32.2% and cash: 3.9% of total assets), but 51.4% 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, medium-sized): better than 73% on solvency, 58% on liquidity, 89% on profitability and 86% on growth.

The bankruptcy probability was computed on 17-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.99, cash €587,200
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-04-2026)
NBB · annual accounts
lowers risk · Size: turnover €33.1m, 93.4 FTE, total assets €15.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
20 days early
2023
4 days early
2022
30 days early
2021
31 days early
2020
4 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before 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 (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 8 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end18-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: DANNY PRAET-BEDRIJFSREVISOR (statutory auditor)Registered-office move · Power of…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Highest result from 2019 to 2025net €2.3m ▲35.8%

Key points

  • Positive: Largest employer in Hamme, Construction sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €2.3m 7 years View
  • Positive: Equity rose in 2025from €5.2m to €7.4m ▲ 40.6% View
  • Known shareholdersaccounts at 30-09-2025 100% View

By topic

Financials

Financial year
2025
Turnover
€33.1m
Profit
€2.3m
Solvency
48.6%
Turnover▲ 21.2%
Net result
20232025
Go to Financials

Timeline

Events
23
Since
2008
Next accounts
by 30-04-2027
  1. 10-04-2025Annual accounts filed
  2. 30-09-2024Equity above €5m
  3. 26-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
26-09-2006
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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