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GP-Projects

Active
Private limited company·Algemene elektrotechnische installatiewerken· 2 yrs active
Berghomstraat 41 ·1755 Pajottegem, Belgium
KBO/BCE: BE 1005.173.881
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Age2 yrs
Real estate1 parcel · 2,321 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GP-Projects is 2.7% (moderate). The 2024 annual accounts show equity of €23k and a net result of €19k. Its solvency ranks better than 62% of 11087 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 29-08-2025 29 d late 2025-00441410

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€19k
Working capital€23k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 51.0% 40.9%
better than 62% of 11087 sector peers
Net result €19k €11k
better than 63% of 11069 sector peers
Equity €23k €34k
better than 38% of 11090 sector peers
Gross operating margin €28k €35k
better than 43% of 11060 sector peers
Total assets €45k €93k
better than 24% of 11087 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€19k
Cash flow-
Staff costs-
Income taxes€6k
Dividends-
Total assets€45k
Equity€23k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€23k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.04
Quick ratio1.97
Working capital ratio51.0%
Solvency51.0%
Debt / equity0.96
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA43.1%
ROE84.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€45k
Current assets 29/58€45k
Stocks & contracts in progress 3€2k
Amounts receivable within one year 40/41€33k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€45k
Equity 10/15€23k
Contributions / capital 10/11€4k
Accumulated profits (losses) 14€19k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€11k
Income statement
Gross operating margin 9900€28k
Operating result 9901€26k
Financial income 75€4
Financial charges 65€1k
Result before taxes 9903€25k
Income taxes 67/77€6k
Net result for the period 9904€19k
Result to be appropriated 9905€19k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
85 / 100 Excellent
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Berghomstraat 411755 Pajottegem

Establishment units

1 location
GP-Projects
Berghomstraat 41, 1755 PajottegemOntwikkeling van residentiële bouwprojecten
since 20242.356.776.336
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,321 m²
Buildings1
Building footprint226 m²
Volume (LiDAR)998 m³
Tallest building7.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23040D0074/00H000 Flanders 2,321 m² 1 · 226 m² 7.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health85Profitability100Solvency96Growth-Stability67
87 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 85
Profitability 100
Solvency 96
Growth -
Stability 67

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AI due-diligence brief

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,225 of the 22,771 companies in this sector. 2,795 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Algemene bouw van residentiële gebouwen41001Ontwikkeling van niet-residentiële bouwprojecten41102Algemene bouw van residentiële gebouwen41201Slopen43110Slopen43110Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Ontwikkeling van niet-residentiële bouwprojecten68122Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311
Primary activity highlighted.
Names & trade names
Legal nameNL GP-Projects
Registered office
Berghomstraat 41
1755 Pajottegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.