Skip to content

GSOR CONSTRUCTION

Active
Private limited company (pre-2019)founded 2017active for 9 yearsRue Albert 1er(LEV) 46, 7134 Binche, Belgium28 active companies are registered at this addressKBO/BCE: BE 0681.746.682
Summary

The computed 12-month bankruptcy probability of GSOR CONSTRUCTION is 4.7% (elevated). The 2024 annual accounts show equity of €40,516 and a net result of €30,773. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 61% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
GSOR CONSTRUCTIONActiveChecked score 40/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€305,314turnover 2024
Equity
€40,516
Profit
€30,773
Financial health
40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
2025 accounts not filed, 87 days past the deadline1 of 7 deeds summarised
Why 40raises riskFigures for financial year 2024 (filed 02-10-2025)Size: turnover €305,314, total assets €77,4071 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 latelowers riskLiquidity: current ratio 4.15, cash €17,457Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 58% of its sector peers (NACE 41, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 77-2
equity 52.3% of total assets
Liquidity 75+8
short-term debt 15.8% · cash 22.6%
Profitability 92-6
return on assets 39.8%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.8%▼ -0.1 percentage points vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.7%▼ -0.2 percentage points vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 3.7%▲ +1.3 percentage points vs 09-2025 11-2025: 1.7%▼ -2.0 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.6%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 1.7%▲ +0.1 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.4%▲ +0.7 percentage points vs 07-2026 09-2026: 2.9%▲ +0.5 percentage points vs 08-2026 10-2026: 4.7%▲ +1.8 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 4.15, compared with 3.26 in 2023, above the usual 1.5; short-term debt: 15.8% and cash: 22.6% of total assets), and 47.7% 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 41, micro): better than 61% on solvency, 78% on liquidity, 77% on profitability and 17% 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
raises risk · Figures for financial year 2024 (filed 02-10-2025)
NBB · annual accounts
raises risk · Size: turnover €305,314, total assets €77,407
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 4.15, cash €17,457
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 · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
72 days late
2022
60 days late
2021
61 days late
2020
114 days late
2019
52 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 70 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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. Resignation: PIRRERA Fabrizio (manager)Appointment: BIANCARDI Domenico Junior (director)
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2024net €30,773 ▲30.6%

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Caution: Board changedlatest change 30-06-2026 · 1 in office 1 joined · 1 left View
  • Positive: 7 profitable years in a rowprofit 2024: €30,773 7 years View

By topic

Financials

Financial year
2024
Turnover
€305,314
Profit
€30,773
Solvency
52.3%
Turnover▲ 50.4%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2019
  1. 11-10-2024Annual accounts filed
  2. 29-09-2023Annual accounts filed
  3. 30-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
26-09-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GSOR CONSTRUCTION

What is the company number of GSOR CONSTRUCTION?
0681.746.682. In Belgium the VAT number is the company number with BE in front: BE 0681.746.682.
Where is GSOR CONSTRUCTION based?
The registered office is at Rue Albert 1er(LEV) 46, 7134 Binche.Company details
What does GSOR CONSTRUCTION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of GSOR CONSTRUCTION?
Private limited company (pre-2019) (BVBA).
When was GSOR CONSTRUCTION founded?
On 26-09-2017.
Is GSOR CONSTRUCTION still active?
Yes, GSOR CONSTRUCTION is an active enterprise in the KBO register.
How many employees does GSOR CONSTRUCTION have?
On average 0.5 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of GSOR CONSTRUCTION?
€305,314 in financial year 2024, according to the filed annual accounts.
Is GSOR CONSTRUCTION profitable?
In financial year 2024, GSOR CONSTRUCTION made a profit of €30,773.
Where can I find the annual accounts of GSOR CONSTRUCTION?
GSOR CONSTRUCTION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Companies related to GSOR CONSTRUCTION

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure