G&D CONSTRUCT
ActiveG&D CONSTRUCT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706k and a net result of €24k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 17% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-27
Solvency28▼-26
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.49 in 2024), and 81.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.2%
Return on assets
0.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1027 sector peers (2025).
NBB · sector comparisonPosition among 1027 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
21 d early
2023
63 d early
2022
56 d early
2021
6 d early
2020
5 d early
2019
99 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€4.20M
EBIT margin
3.7%
Net result
€24k▼ 62.1%
2024 · €62k
2019: €28k
2020: €44k
2021: €-39k
2022: €83k
2023: €249k
2024: €62k
2019 → 2025
Working capital
€265k▼ 37.4%
2024 · €424k
2019: €220k
2020: €191k
2021: €81k
2022: €230k
2023: €351k
2024: €424k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.20M
Equity€288k-€371k▲ 28.9%€620k▲ 67.0%€682k▲ 10.0%€706k▲ 3.4%
Operating result€-16k-€104k€312k▲ 200%€157k▼ 49.7%€110k▼ 29.9%
Net result€-39k-€83k€249k▲ 199%€62k▼ 75.1%€24k▼ 62.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.87M
Fixed assets
€2.26M▲ 92.9%
Current assets
€1.61M▲ 24.7%
Equity and liabilities €3.87M
Equity
€706k▲ 3.4%
Debt
€3.16M▲ 77.8%
The debt ratio rises from 72.3% to 81.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€434k▼
2024 · €467k
Cash flow
€347k▼
2024 · €372k
Solvency
18.2%▼
2024 · 27.7%
Current ratio
1.20▼
2024 · 1.49
Quick ratio
1.05▼
2024 · 1.27
Debt / equity
4.48▲
2024 · 2.61
ROE
3.3%▼
2024 · 9.1%
ROA
0.6%▼
2024 · 2.5%
Interest coverage
4.27▼
2024 · 5.78
Debt
€3.16M▲
2024 · €1.78M
Debt ≤ 1 year
€1.34M▲
2024 · €866k
Debt > 1 year
€1.81M▲
2024 · €911k
Income taxes
€4k▼
2024 · €28k
Staff costs
€1.27M▲
2024 · €1.19M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.46M€3.87M▲
Fixed assets21/28€1.17M€2.26M▲
Intangible fixed assets21€45k€41k▼
Tangible fixed assets22/27€1.13M€2.22M▲
Land and buildings22€23k€25k▲
Plant, machinery and equipment23€135k€119k▼
Furniture and vehicles24€89k€119k▲
Leasing and similar rights25€865k€1.94M▲
Other tangible fixed assets26€14k€12k▼
Financial fixed assets28€729€729=
Current assets29/58€1.29M€1.61M▲
Stocks and contracts in progress3€186k€204k▲
Stocks30/36€186k€204k▲
Amounts receivable within one year40/41€721k€1.28M▲
Trade receivables40€701k€1.26M▲
Other amounts receivable41€21k€18k▼
Cash at bank and in hand54/58€368k€89k▼
Deferred charges and accrued income490/1€14k€40k▲
Equity and liabilities
Total equity and liabilities10/49€2.46M€3.87M▲
Equity10/15€682k€706k▲
Contributions10/11€19k€19k=
Reserves13€664k€687k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€190€190=
Distributable reserves133€663k€687k▲
Amounts payable17/49€1.78M€3.16M▲
Amounts payable after more than one year17€911k€1.81M▲
Financial debts170/4€911k€1.81M▲
Amounts payable within one year42/48€866k€1.34M▲
Current portion of amounts payable after more than one year42€186k€293k▲
Financial debts43€166k€354k▲
Credit institutions430/8€166k€354k▲
Trade debts44€375k€541k▲
Suppliers440/4€375k€541k▲
Taxes, remuneration and social security45€124k€138k▲
Taxes450/3€19k€49k▲
Remuneration and social security454/9€105k€89k▼
Other amounts payable47/48€15k€17k▲
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20242025
Turnover70€4.20M-
Non-recurring operating income76A€1k€4k▲
Goods, raw materials, services and sundry goods60/61€2.58M-
Remuneration, social security and pensions62€1.19M€1.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€310k€324k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k€0▲
Other operating charges640/8€27k€12k▼
Non-recurring operating charges66A€748€27k▲
Gross operating margin9900€1.67M€1.74M▲
Operating profit (loss)9901€157k€110k▼
Financial income75/76B€14k€19k▲
Recurring financial income75€14k€19k▲
Non-recurring financial income76B€104€0▼
Financial charges65/66B€81k€102k▲
Recurring financial charges65€81k€102k▲
Profit (loss) for the period before taxes9903€90k€27k▼
Income taxes67/77€28k€4k▼
Profit (loss) for the period9904€62k€24k▼
Profit (loss) for the period to be appropriated9905€62k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€24k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€62k€24k▼
To other reserves6921€62k€24k▼
Social balance
Average headcount (FTE)908721.021.1▲
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €249k ▲199%
Operating result €312k, net result €249k, both a record.
30-06
Financial
Equity above €500kEq €620k ▲67%
2 profitable years in a row build equity to €620k.
2022
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €-39k ▼188%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Katelijne-Waver · 1 establishment unit since 1999
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.
Dreefvelden 442860 Sint-Katelijne-WaverGround area
6,364 m²
Building footprint
2,667 m²
Parcel 12035B0603/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Dreefvelden 44, 2860 Sint-Katelijne-Waver
since 19992.092.406.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0603/00C000 | Flanders | 6,364 m² | 1 · 2,667 m² | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,546 EUR awarded · 2,112 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,165 EUR | 1,165 EUR |
| 2024 | 1 | 1,306 EUR | 872 EUR |
| 2023 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryG&D CONSTRUCT BV32839
Similar companies · same sector, comparable size
SMEETS LASWERKEN
BE 0832.722.234
Hechtel-Eksel · Eq €706k
TORFSCONSTRUCT
BE 0425.165.648
Sint-Katelijne-Waver · Eq €705k
DATABURO
BE 0437.560.169
Rotselaar · Eq €705k
FENCIT
BE 0822.912.168
Zonnebeke · Eq €704k
CEVO - SYSTEM
BE 0430.341.389
Juprelle · Eq €708k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,453 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1999
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
28110
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.