Skip to content

Gungoconstruct

Active Private limited companyfounded 2018active for 8 yearsVeldstraat 8, 9250 WaasmunsterKBO/BCE: BE 0699.520.250
Gungoconstruct
Follow ReportCompare

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €20,044 (2019)
€662▲ €2,995
lowest -€29,518 (2024)
-€26,421▲ €3,097
peak €29,973 (2021)
-€59,305▼ €26,421
€480,448▲ 0.4%
Board1 name since 2018
1 directorGunther Govaerts
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from -€2,333 to €662Loss of €26,421Registered office moved from Grembergen to Waasmunster 21-01Equity from -€32,884 to -€59,305Cash from €1,351 to €3,424

Key points

from the 2025 annual accounts

Equity

-€59,305
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€89,278 in four years
-5,7732022-27,5662023-29,5182024-26,4212025

Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.

Turnover

≈ €3,200 estimated

The micro format states no turnover.

Debts

€480,448 114% of the balance sheet
After one year 0%Within one year 100%

Of this, €478,084 falls due within a year.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 76 days after the end of the period.

Position in the sector

-14.1%

Lower solvency than 95% of companies in financial services. Sector median 50.9% · 9,770 companies.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9770 sector peers (2025).
NBB · sector comparison
Position among 9770 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
24 days early
2024
41 days early
2023
19 days late
2022
21 days late
2021
4 days late
2020
31 days late
2019
76 days late
← 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 12 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GG
Gunther Govaerts
Director, since 28-06-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0699520250
Registered office moved from Grembergen to Waasmunster New registered office: Veldstraat 8, 9250 Waasmunster · Previous registered office: 't Lammeken 27, 9200 Grembergen · General meeting of 13-12-2024 · Gazette deed
Reappointment: Gunther Govaerts (director) Gazette deed
Incorporation published on 05-07-2018 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
Gungoconstruct Waasmunster €421,144 €662 -14.1% -
WOLSPIN Ghent €418,820 -€50,420 97.3% -
ALPINE INVEST & CONSULT Sint-Martens-Latem €337,216 -€4,636 87.1% -
We Are Jane Partners Wetteren €499,814 -€2,242 83.3% -
Flexilis Ronse €536,776 -€2,541 99.9% -
DECOTALENT Zwalm €458,139 -€64,325 -16.1% -
VIRIDI Lommel €429,722 -€12,969 -49.9% -

These companies have the same main activity as Gungoconstruct: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €337,000 and €537,000, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 03-07-2018Normal situation
Activity
Activities of holding companiesNACE 64210and 5 others
Establishment unit
2.277.924.8389250 Waasmunster, since 03-07-2018
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

€26,421▼ 10.5%
-€59,305▼ 80.3%
€421,144▼ 5.5%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on Gungoconstruct

Gungoconstruct files the micro format. That format states no turnover. The gross margin fell from €20,044 in 2019 to €662 in 2025.

The balance sheet grew most in 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 07-07-2026, 24 days before the deadline
-€59,305
▼ €26,421
€421,144
▼ 5.5%
-€26,421
▲ €3,097
-14.1%
▼ 6.7 percentage points
-
-6.3%
▲ 0.3 percentage points

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance sheet

balance sheet total €421,144 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-14.1%

Lower than 95% of 9,770 companies in 2025.

-6.3%

Higher than 9% of 9,624 companies in 2025.

Gungoconstruct Middle half of the sector 80% of the sector Micro accounts in financial services (NACE 64)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 421,144445,764473,482503,19156,16687,67474,259
21/28 411,025437,493463,960490,42832,55635,39038,223
22/27 411,025437,493463,960490,42832,55635,39038,223
22 411,025437,493463,960490,42832,55635,39038,223
29/58 10,1188,2719,52212,76323,61052,28436,036
40/41 6,6956,9216,53111,3316,8312,72315,813
40 6,6726,5486,2756,1715,4452,7232,200
41 233732565,1611,386-13,613
54/58 3,4241,3512,9911,43216,77849,56220,223
Balance sheet: equity and liabilities
10/49 421,144445,764473,482503,19156,16687,67474,259
10/15 -59,305-32,884-3,36624,20029,97323,63411,426
10/11 6,2006,2006,2006,2006,2006,2006,200
100 ------18,600
101 ------12,400
13 26526526518,00023,77317,4345,226
130/1 --0265265265-
130 ------265
1311 --0265265265-
133 26526526517,73523,50817,1694,961
14 -65,770-39,349-9,831----
17/49 480,448478,648476,848478,99126,19364,04062,833
42/48 478,084476,284474,484476,62723,82861,67661,433
44 --02,14315,72610,008600
440/4 --02,14315,72610,008600
46 ---04,718--
45 ---01,5851,6482,946
450/3 ---01,5851,6482,946
47/48 478,084476,284474,484474,4841,80050,02057,888
492/3 2,3642,3642,3642,3642,3642,3641,400
Income statement
9900 662-2,333-1469,46511,39917,47120,044
630 26,46826,46826,46814,8122,8332,8335,277
640/8 5446318665725715446,464
9901 -26,350-29,432-27,480-5,9197,99514,0948,303
75/76B --0235-8-
75 --0235-8-
65/66B 71868688711,0421,738
65 71868688711,0421,738
9903 -26,421-29,518-27,566-5,7737,92413,0606,565
67/77 ---01,5858521,339
9904 -26,421-29,518-27,566-5,7736,33912,2085,226
9905 -26,421-29,518-27,566-5,7736,33912,2085,226
Appropriation of the result
9906 -65,770-39,349-27,566-5,7736,33912,2085,226
14P -39,349-9,831-----
791/2 -017,7355,773---
691/2 ---06,33912,2085,226
6920 ------265
6921 ---06,33912,2084,961
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 07-07-2026 2026-00266121 PDF
31-12-2024 micro format 20-06-2025 2025-00157649 PDF
31-12-2023 micro format 19-08-2024 2024-00350126 PDF
31-12-2022 micro format 21-08-2023 2023-00336765 PDF
31-12-2021 micro format 04-08-2022 2022-20268182 PDF
31-12-2020 micro format 31-08-2021 2021-66100231 PDF
31-12-2019 micro format 15-10-2020 2020-61500395 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
000472,6840042,500
2,073-1,6401,559-15,346-32,78329,338-
-14.1%-7.4%-0.7%4.8%53.4%27.0%15.4%
----23.9%21.2%51.7%45.7%
-6.3%-6.6%-5.8%-1.1%11.3%13.9%7.0%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€472,684-
€26,468€26,468€26,468€14,812€2,833

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Gungoconstruct

The operating result for 2025 is a loss of €26,350, smaller than the loss of €29,432 in 2024.

Equity is negative. Debt (€480,448) exceeds the balance-sheet total (€421,144).

Board & ownership

Board

1 director
Gunther Govaerts
Director (not named in the articles)
since 28-06-2018 term without a fixed end
listed in the 2025 annual accounts, filed on 07-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 21-11-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Gunther Govaerts
Director (not named in the articles)
Board
Mandates as a list
  • Gunther Govaerts
    • Director (not named in the articles), from 28-06-2018 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 21-11-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering beslissend met absolute meerderheid of enige aandeelhouder bepaalt bedrag vaste of evenredige vergoeding,geboekt op…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00

Network & group

No group

Gungoconstruct has no parent and no holdings in its annual accounts. Gunther Govaerts is the only director. Gungoconstruct shares no director with another company.

At the same address

Veldstraat 8, 9250 Waasmunster · 1 other company
MC CREATE
registered office since 01-07-2021
 founded in 2021
0770.572.552

Timeline

Timeline

14 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 24 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0699520250
Annual accounts 2024 filed PDFmicro format · 41 days before the deadline
Registered office moved from Grembergen to WaasmunsterNew registered office: Veldstraat 8, 9250 Waasmunster · Previous registered office: 't Lammeken 27, 9200 Grembergen · General meeting of 13-12-20242 points ▸
  • General meeting, 13-12-2024
  • Registered-office move, Veldstraat 8, 9250 Waasmunster

Open the deed in the Belgian Official Gazette

2024
Weakest financial year net -€29,518 The net result drops to -€29,518, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 19 days late
2023
Reappointment: Gunther Govaerts (director)4 points ▸
  • 100 shares
  • Power of attorney, Rafaël Van der Veken
  • Director reappointment, Gunther Govaerts (director (not named in the articles))
  • Registered office clause, ’t Lammeken 27, 9200 Grembergen–Dendermonde
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 21 days late
2022
Annual accounts 2021 filed PDFmicro format · 4 days late
2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Highest result from 2019 to 2025 net €12,208 ▲134% The operating result of €14,094 and the net result of €12,208 are both a record.
Annual accounts 2019 filed PDFmicro format · 76 days late
2018
Incorporation PDFpublished on 05-07-2018
First establishment Veldstraat 8, Waasmunster

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 3 July 2018, Gungoconstruct was incorporated.1 In 2025 the registered office moved to Waasmunster.2 Total assets went from €74,259 in 2019 to €421,144 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-01-2025
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0699.520.250
VAT number
BE 0699.520.250
Peppol ID
0208:0699520250
Other Peppol ID
9925:BE0699520250
Legal form
Private limited company
Status
Active, normal situation
Founded
03-07-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00
deed of 21-11-2023 (in Dutch)
Peppol
Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Gungoconstruct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-11-2023 (in Dutch)

Activities

NACEBEL 2025
64210 Activities of holding companies main activity
31002 Manufacture of furniture
43320 Joinery installation
46471 Wholesale trade
47551 Retail sale of household furniture
70200 Business and other management consultancy
Codes under NACEBEL 2008
64200 Holdings main activity
31020 Manufacture of furniture
43320 Joinery installation
46471 Wholesale trade
47591 Retail trade
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het leveren van managementprestaties in de brede zin van het woord; Het verwerven van alle roerende en onroerende goederen,zelfs als deze…”
4 activities
  1. Het leveren van managementprestaties in de brede zin van het woord
  2. Het verwerven van alle roerende en onroerende goederen,zelfs als deze noch rechtstreeks,noch onrechtstreeks verband houden met het voorwerp van de vennootschap;zowel in volle eigendom,in blote eigendom of tijdelijk vruchtgebruik,en meer algemeen,alle mogelijke verrichtingen met betrekking tot het beheer van de aldus gevormde portefeuille van roerende en onroerende waarden;dit alles met uitdrukkelijke uitsluiting van vermogensbeheer en/of beleggingsadvies zoals bedoeld door de wet van vier december negentienhonderd negentig en het Koninklijk Besluit van vijf augustus negentienhonderd éénennegentig
  3. Holdingmaatschappij
  4. Alle handelingen stellen voor belegging en vermogensbeheer inhoudende het innen van huurgelden en het laten uitvoeren van onderhouds- en herstellingswerken
deed of 21-11-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Veldstraat 8 registered office 9250 Waasmunster 03-07-2018 2.277.924.838
1 former office
  • 't Lammeken 27, 9200 Grembergen until 16-12-2024 · deed of 21-01-2025

Buildings and parcels at the address

Ground area
2,988 m²
Buildings
284 m²
Volume, LiDAR
414 m³
Tallest building
12.8 m
Buildings to scale, each on its own parcel
284 m², 12.8 m 284 m², 12.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
42023B1201/00K0002,988 m² 1 · 284 m² 12.8 m

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0699.520.250

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