GT.CONSTRUCTION SPRL
ActiveThe annual accounts of GT.CONSTRUCTION SPRL for fiscal year 2024 show a net loss of 51% of the equity at the start of that year. The 2024 annual accounts show equity of €20k and a net result of €-20k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 17% of 3549 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency41▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.26 against 3.03 in 2023; short-term debt: 27.3% of total assets), but 84.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.6%
Return on assets
-16%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-20k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 3549 sector peers (2024).
NBB · sector comparisonPosition among 3549 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
225 d late
2022
36 d late
2021
60 d late
2020
95 d late
2019
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k▲ 46.5%
2023 · €-38k
2018: €11k
2019: €8k
2020: €14k
2021: €14k
2022: €4k
2023: €-38k
2018 → 2024
Working capital
€79k▼ 17.3%
2023 · €95k
2018: €91k
2019: €114k
2020: €123k
2021: €141k
2022: €133k
2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€61k-€75k▲ 23.5%€79k▲ 4.9%€40k▼ 48.6%€20k▼ 50.6%
Operating result€14k-€27k▲ 88.2%€88▼ 99.7%€-38k€-16k▲ 57.7%
Net result€14k-€14k▲ 1.0%€4k▼ 74.2%€-38k€-20k▲ 46.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €38k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128k
Fixed assets
€14k▼ 44.7%
Current assets
€114k▼ 20.0%
Equity and liabilities €128k
Equity
€20k▼ 50.6%
Provisions
€68k=
Debt
€40k▼ 32.8%
The debt ratio falls from 35.4% to 31.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▲
2023 · €-26k
Cash flow
€-9k▲
2023 · €-27k
Solvency
15.6%▼
2023 · 24.1%
Current ratio
3.26▲
2023 · 3.03
Quick ratio
3.26▲
2023 · 3.03
Debt / equity
2.00▲
2023 · 1.47
ROE
-102.5%▼
2023 · -94.5%
ROA
-16.0%▲
2023 · -22.8%
Interest coverage
-1.45▲
2023 · -20.41
Debt
€40k▼
2023 · €59k
Debt ≤ 1 year
€35k▼
2023 · €47k
Debt > 1 year
€5k▼
2023 · €13k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€168k€128k▼
Fixed assets21/28€26k€14k▼
Tangible fixed assets22/27€26k€14k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€24k€13k▼
Current assets29/58€142k€114k▼
Amounts receivable within one year40/41€142k€114k▼
Trade receivables40€116k€96k▼
Other amounts receivable41€26k€18k▼
Equity and liabilities
Total equity and liabilities10/49€168k€128k▼
Equity10/15€40k€20k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€22k€1k▼
Provisions and deferred taxes16€68k€68k=
Provisions for liabilities and charges160/5€68k€68k=
Other liabilities and charges164/5€68k€68k=
Amounts payable17/49€59k€40k▼
Amounts payable after more than one year17€13k€5k▼
Financial debts170/4€13k€5k▼
Amounts payable within one year42/48€47k€35k▼
Current portion of amounts payable after more than one year42€32k€7k▼
Financial debts43€1k€5k▲
Credit institutions430/8€1k€5k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€6k€12k▲
Remuneration and social security454/9€6k€12k▲
Income statement
Code20232024
Non-recurring operating income76A€303-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€731€496▼
Gross operating margin9900€-26k€-4k▲
Operating profit (loss)9901€-38k€-16k▲
Financial income75/76B€818€595▼
Recurring financial income75€818€595▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-38k€-18k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-38k€-20k▲
Profit (loss) for the period to be appropriated9905€-38k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€1k▼
Profit (loss) brought forward from the previous period14P€60k€22k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 225 days late
2023
31-12
Financial
Weakest financial yearnet €-38k ▼1141%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 36 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Highest result since 2018net €14k ▲1%
Operating result €27k, net result €14k, both a record.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 95 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
35 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, Tubize · 1 establishment unit since 2011
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.
Rue Cavée 121480 TubizeGround area
466 m²
Building footprint
91 m²
Volume, LiDAR
390 m³
Parcel 25097C0048/00G000, Wallonia · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue Cavée 12, 1480 Tubize
since 20112.203.122.792
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097C0048/00G000 | Wallonia | 466 m² | 1 · 91 m² | 7.1 m · 1 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.
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Of 4,013 companies in sector 43310 we hold annual accounts for 1,746. 1,340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-2010
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43910Bricklaying and masonry work
43994Specialised construction activities
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.