GVG CONSTRUCT
ActiveSummary
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 about 2.6% per year across the filed financial years. The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result turns negative in 2023: a loss of €845 after €27,696 in 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €260 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,287 | €1,287 | €4,548 | €4,548 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,266 | €348 | €585 | ▲ 68.3% |
| Gross operating margin9900 | -€7,819 | -€15,341 | €1,481 | -€4,185 | €28,043 | -€260 | - |
| Operating profit (loss)9901 | -€11,245 | -€18,742 | -€4,881 | -€9,999 | €27,696 | -€845 | - |
| Financial income75/76B | - | - | - | €2 | - | - | - |
| Recurring financial income75 | €0 | - | - | €2 | - | - | - |
| Financial charges65/66B | - | - | - | €72 | €128 | - | - |
| Recurring financial charges65 | €98 | €684 | €357 | €72 | €128 | - | - |
| Profit (loss) for the period before taxes9903 | -€7,615 | -€19,426 | -€5,238 | -€10,069 | €27,568 | -€845 | - |
| Income taxes67/77 | €500 | €2,107 | €1,013 | -€844 | - | €4 | - |
| Profit (loss) for the period9904 | -€8,115 | -€21,533 | -€6,251 | -€9,225 | €27,568 | -€849 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,115 | -€21,533 | -€6,251 | -€9,225 | €27,568 | -€849 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €375,404 | €322,280 | €337,314 | €23,433 | €31,262 | €30,931 | ▼ 1.1% |
| Fixed assets21/28 | €1,287 | - | €18,191 | €13,644 | - | - | - |
| Tangible fixed assets22/27 | €1,287 | - | €18,191 | €13,644 | - | - | - |
| Furniture and vehicles24 | - | - | - | €13,644 | - | - | - |
| Current assets29/58 | €374,118 | €322,280 | €319,123 | €9,790 | €31,262 | €30,931 | ▼ 1.1% |
| Stocks and contracts in progress3 | €3,661 | €3,661 | €3,661 | €3,661 | - | - | - |
| Stocks30/36 | - | - | - | €3,661 | - | - | - |
| Amounts receivable within one year40/41 | €370,327 | €314,168 | €314,345 | €5,833 | - | - | - |
| Trade receivables40 | - | - | - | €816 | - | - | - |
| Other amounts receivable41 | - | - | - | €5,017 | - | - | - |
| Cash at bank and in hand54/58 | €129 | €4,451 | €1,117 | €295 | €31,262 | €30,931 | ▼ 1.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €375,404 | €322,280 | €337,314 | €23,433 | €31,262 | €30,931 | ▼ 1.1% |
| Equity10/15 | -€64,764 | -€86,297 | -€92,548 | -€101,773 | -€74,205 | -€75,055 | ▼ 1.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €85 | €85 | €85 | €85 | €85 | €85 | ▼ 0.2% |
| Non-distributable reserves130/1 | - | - | - | €85 | €85 | €85 | ▼ 0.2% |
| Legal reserve130 | - | - | - | €85 | €85 | €85 | ▼ 0.2% |
| Profit (loss) carried forward14 | -€71,050 | -€92,582 | -€98,833 | -€108,058 | -€80,491 | -€81,340 | ▼ 1.1% |
| Amounts payable17/49 | €440,169 | €408,577 | €429,862 | €125,206 | €105,468 | €105,986 | ▲ 0.5% |
| Amounts payable within one year42/48 | €440,169 | €408,577 | €429,862 | €125,206 | €105,468 | €105,986 | ▲ 0.5% |
| Trade debts44 | €3,892 | €5,524 | €1,605 | €1,777 | €64 | €782 | ▲ 12× |
| Suppliers440/4 | - | - | - | €1,777 | €64 | €782 | ▲ 12× |
| Advances received on contracts in progress46 | - | - | - | €147 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €200 | €200 | - | - |
| Taxes450/3 | - | - | - | €200 | €200 | - | - |
| Other amounts payable47/48 | - | - | - | €123,082 | €105,204 | €105,204 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,115 | -€21,533 | -€6,251 | -€9,225 | €27,568 | -€849 | - |
| + Depreciation and write-downs630 | €1,287 | €1,287 | €4,548 | €4,548 | - | - | - |
| Operating cash flow (approximation) | -€6,828 | -€20,246 | -€1,703 | -€4,677 | €27,568 | -€849 | - |
| Investment in fixed assets (approximation) | - | - | - | €0 | - | - | - |
| Change in cash | - | €4,322 | -€3,335 | -€821 | €30,967 | -€331 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 17-03-2025 | 2025-00049692 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00416170 |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20283777 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56900363 |
| 31-12-2019 | micro format | 24-11-2020 | 2020-72700066 |
| 31-12-2018 | micro format | 20-12-2019 | 2019-77100108 |
| 31-12-2017 | micro format | 21-12-2018 | 2018-75900378 |
| 31-12-2016 | micro format | 15-01-2018 | 2018-01700401 |
| 31-12-2015 | full format | 28-02-2017 | 2017-05700011 |
| 31-12-2014 | full format | 13-10-2015 | 2015-64700128 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.