GVG CONSTRUCT

Active

Private limited company (pre-2019)founded 200620 yrs activeAvenue Léopold III(PER) 25, 7134 Binche, BelgiumKBO/BCE: BE 0881.160.668

Summary

The computed 12-month bankruptcy probability of GVG CONSTRUCT is 10.1% (high). For GVG CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€75,055) and a net result of -€849. Equity is shrinking by ~2.6% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

GVG CONSTRUCTActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€30,931total assets 2023

Equity: -€75,055
Loss: -€849

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 10.1%

2023 figures too old to score

Structure

Accounts 429 d overdue0 of 2 deeds read

Signals- Figures for FY 2023 (filed 18-03-2025)- 2 financial years not filed after the legal deadline; latest accounts 229 days late; 2 of the last 3 late- Loss of €849 (FY 2023)- Two or more financial years not filed- Filed more than 90 days late+ Founded in 2006Show the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 0=

equity -242.7% of total assets

Liquidity 50=

short-term debt 342.7% · cash 100.0%

Profitability 31-69

return on assets -2.7%

Bankruptcy probability, 12 months

10.1% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.9% 12-2024: 7.3%▲ +23.5% vs 11-2024 01-2025: 10.3%▲ +40.5% vs 12-2024 02-2025: 10.3%● 0.0% vs 01-2025 03-2025: 10.6%▲ +2.8% vs 02-2025 04-2025: 5.8%▼ -44.7% vs 03-2025 05-2025: 6.3%▲ +7.6% vs 04-2025 06-2025: 6.9%▲ +9.1% vs 05-2025 07-2025: 7.2%▲ +5.0% vs 06-2025 08-2025: 8.5%▲ +17.4% vs 07-2025 09-2025: 9.3%▲ +9.4% vs 08-2025 10-2025: 11.2%▲ +21.3% vs 09-2025highest value 11-2025: 4.6%▼ -59.1% vs 10-2025lowest value 12-2025: 5.9%▲ +28.2% vs 11-2025 01-2026: 9.9%▲ +67.6% vs 12-2025 02-2026: 9.9%● 0.0% vs 01-2026 03-2026: 10.2%▲ +3.1% vs 02-2026 04-2026: 9.8%▼ -3.7% vs 03-2026 05-2026: 9.8%● 0.0% vs 04-2026 06-2026: 9.8%● 0.0% vs 05-2026 07-2026: 9.5%▼ -3.6% vs 06-2026 08-2026: 10.1%▲ +7.2% vs 07-2026 09-2026: 10.1%● 0.0% vs 08-2026 10-2026: 10.1%● 0.0% vs 09-2026

Figures for FY 2023 (filed 18-03-2025) raises the probability
2 financial years not filed after the legal deadline; latest accounts 229 days late; 2 of the last 3 late raises the probability
Founded in 2006 lowers the probability for this profile
Loss of €849 (FY 2023) raises the probability

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Figures for FY 2023 (filed 18-03-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 229 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 2006

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Loss of €849 (FY 2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline03-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-03-2025, 229 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

229 d late

2022

32 d late

2021

10 d late

2020

27 d late

2019

116 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 5 accounts on average 83 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

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