GV CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of GV CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show negative equity (€-34k) and a net result of €2k. Equity is shrinking by ~67.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 543 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+76
Solvency0=
Growth22=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.73 in 2024; short-term debt: 101.9% and cash: 12.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-101.7%
Return on assets
4.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 543 sector peers (2025).
NBB · sector comparisonPosition among 543 sector peers
Solvency
better than 6%
← 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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
13 d early
2023
29 d late
2022
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€112k▲ 12.7%
2024 · €99k
2022: €264k
2023: €131k
2024: €99k
2022 → 2025
EBIT margin
3.5%▲ 38.7pp
2024 · -35.3%
2022: 8.3%
2023: -9.6%
2024: -35.3%
2022 → 2025
Net result
€2k
2024 · €-38k
2022: €17k
2023: €-17k
2024: €-38k
2022 → 2025
Working capital
€-27k▼ 225%
2024 · €-8k
2022: €-14k
2023: €-25k
2024: €-8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€264k-€131k▼ 50.3%€99k▼ 24.5%€112k▲ 12.7%
Equity€19k-€2k▼ 87.1%€-36k€-34k▲ 4.2%
Operating result€22k-€-13k€-35k▼ 177%€4k
Net result€17k-€-17k€-38k▼ 128%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €35k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€27k ▲ 12.8%
Current assets
€7k ▼ 67.2%
Key figures and ratios
EBITDA
€16k▲
2024 · €-23k
Cash flow
€14k▲
2024 · €-27k
Solvency
-101.7%▼
2024 · -78.4%
Current ratio
0.21▼
2024 · 0.73
Debt to equity
-1.98▲
2024 · -2.27
ROA
4.5%▲
2024 · -83.9%
Interest coverage
6.93▲
2024 · -6.75
Debt
€68k▼
2024 · €82k
Debt ≤ 1 year
€34k▲
2024 · €31k
Debt > 1 year
€34k▼
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€34k▼
Fixed assets21/28€23k€27k▲
Tangible fixed assets22/27€23k€27k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€4k€15k▲
Leasing and similar rights25€17k€10k▼
Current assets29/58€22k€7k▼
Amounts receivable within one year40/41€12k€829▼
Trade receivables40€7k€829▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€46k€34k▼
Equity10/15€-36k€-34k▲
Contributions10/11€2k€2k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-55k€-53k▲
Amounts payable17/49€82k€68k▼
Amounts payable after more than one year17€51k€34k▼
Financial debts170/4€51k€34k▼
Amounts payable within one year42/48€31k€34k▲
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€3k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€9k
Income statement
Code20242025
Turnover70€99k€112k▲
Goods, raw materials, services and sundry goods60/61€120k€94k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-21k€18k▲
Operating profit (loss)9901€-35k€4k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-38k€2k▲
Profit (loss) for the period9904€-38k€2k▲
Profit (loss) for the period to be appropriated9905€-38k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-53k▲
Profit (loss) brought forward from the previous period14P€-17k€-55k▼
The notes to these accounts (8 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hannut · 1 establishment unit since 2021
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.
Rue de la Râperie 24280 HannutGround area
1,499 m²
Building footprint
132 m²
Volume, LiDAR
547 m³
Parcel 64042B0204/00Z000, Wallonia · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GV CONSTRUCT
since 20212.322.343.712
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64042B0204/00Z000 | Wallonia | 1,499 m² | 1 · 132 m² | 5.3 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Window International
BE 0799.606.830
Lochristi · Eq €2,442
Sapiens Philea
BE 1008.786.538
Rochefort · Eq €2,436
JMT Projects
BE 0880.798.107
Lommel · Eq €2,377
Germo
BE 1008.147.823
Arendonk · Eq €2,288
VLEXA
BE 0803.710.227
Gent · Eq €2,261
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 131 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:gvconstruct@outlook.be
Phone:0485688642
Phone:+32485688642