Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
G & G CONSTRUCT from Ninove, company number BE0458436351, closed financial year 2025 with a result of € -123,044 after tax. For that financial year G & G CONSTRUCT recorded a gross margin of € 1.2 million and equity of € 999,489. Compared with financial year 2024, the result moved from € -126,501 to € -123,044. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 999,489
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,044
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 54,789
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -160,911.
People and assets in 2025
23.5
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 5% vs 2024
€ 51,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,254
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 303,783
▼ 8% vs 2024
€ 26,704 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 553,965
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,358
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,697,385 | € 1,373,142 | € 1,300,604 | € 1,237,509 | ▼ 5% |
| Profit after taxes | € 14,441 | € -221,299 | € -126,501 | € -123,044 | ▲ € 3,456 |
| Equity | € 1,470,333 | € 1,249,034 | € 1,122,533 | € 999,489 | ▼ 11% |
| Total debts | € 1,498,423 | € 1,204,794 | € 1,338,220 | € 1,300,894 | ▼ 3% |
| Cash | € 420,279 | € 234,955 | € 203,555 | € 54,789 | ▼ 73% |
| Land & buildings | € 422,036 | € 338,518 | € 264,562 | € 200,351 | ▼ 24% |
| Retained profit | € 309,933 | € 88,634 | € -37,867 | € -160,911 | ▼ € 123,044 |
| Bank debt | € 329,898 | € 206,660 | € 330,492 | € 303,783 | ▼ 8% |
| Balance sheet total | € 2,968,756 | € 2,453,828 | € 2,460,752 | € 2,300,383 | ▼ 7% |
| Employees (FTE) | 27.6 | 25.9 | 24.4 | 23.5 | ▼ 0.9 |
Key figures of G & G CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to G & G CONSTRUCT?
What happened at G & G CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Algim stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 123,044. Source: NBB ↗
- Algim became a director. NBB
- New establishment in Ninove. KBO
- Falcon Fund Management became a director. NBB
- BFF Glass became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,441 profit in 2022 to € 123,044 loss in 2025.
Paid € 5,628 in corporate taxes since 2022.
Best year ever: 2022, with € 14,441 profit.
On average € 52,700 of value added per employee in 2025.
Management
The stake of PAUWELS, Pauwels Construct, BFF GLASS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
G & G CONSTRUCTBehind G & G CONSTRUCT are Falcon Fund Management and BFF Glass. The shares are held by PAUWELS (74.9%), Pauwels Construct (25.1%) and BFF GLASS (25.1%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas De Duytsche
Also active at: J.L. Hertsens, PAUWELS, Day By Day Courier Service, ON TIME SOLUTIONS, Pauwels Construct, JACRIMAR, M.Ex.T. BELGIUM, On Time Distribution +31 more
since 2016
Director · represented by Koen Perdu
Also active at: PAUWELS, Pauwels Construct, PAUWELS GLASSPROJECTS, VIERKANTE METERS
since 2016
Managing director · represented by Fauquette Charles
Also active at: PAUWELS, Pauwels Construct, BFF GLASS, PAUWELS GLASSPROJECTS
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brakelsesteenweg 462
9400 Ninove
Brakelsesteenweg(App) 462
9400 Ninove
Active since 29 July 1996
Ten Beukeboom(App) 11
9400 Ninove
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.436.351
- VAT number
- BE 0458.436.351
- Registered office
- Brakelsesteenweg 462, 9400 Ninove
- Names & denominations
- G & G CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1996
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Schrijnwerk
Schrijnwerk van hout of van kunststof