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
GBL Construction from Spa, company number BE0466034322, closed financial year 2025 with a result of € -3,455 after tax. For that financial year GBL Construction recorded a gross margin of € 24,796 and equity of € 47,872. Compared with financial year 2024, the result moved from € -17,696 to € -3,455. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 47,872
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,455
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,039
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 29,280.
People and assets in 2025
€ 1,171
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 311,241
▲ 1% vs 2024
€ 31,309 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 20,341
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 182
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,756 | € 27,233 | € 5,946 | € 24,796 | ▲ € 18,849 |
| Profit after taxes | € -13,584 | € 4,586 | € -17,696 | € -3,455 | ▲ € 14,241 |
| Equity | € 64,438 | € 69,024 | € 51,327 | € 47,872 | ▼ 7% |
| Total debts | € 363,087 | € 333,779 | € 354,917 | € 349,517 | ▼ 2% |
| Cash | € 17,703 | € 468 | € 2,559 | € 3,039 | ▲ 19% |
| Land & buildings | € 329,563 | € 318,397 | € 328,454 | € 317,799 | ▼ 3% |
| Retained profit | € 45,846 | € 50,432 | € 32,735 | € 29,280 | ▼ 11% |
| Bank debt | € 291,892 | € 275,796 | € 307,232 | € 311,241 | ▲ 1% |
| Balance sheet total | € 427,524 | € 402,803 | € 406,244 | € 397,389 | ▼ 2% |
Key figures of GBL Construction, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GBL Construction?
What happened at GBL Construction in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,455. filed late Source: NBB ↗
- GEOFFREY BODEUX became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,584 loss in 2022 to € 3,455 loss in 2025.
Best year ever: 2023, with € 4,586 profit.
Management
Behind GBL Construction is GEOFFREY BODEUX. GEOFFREY BODEUX is also behind GBL REALTY.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Avenue Dr. Pierre Gaspar 2 box C
4900 Spa
Rue de la Sirène 14
4000 Liège
Active since 4 January 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0466.034.322
- VAT number
- BE 0466.034.322
- Registered office
- Avenue Dr. Pierre Gaspar 2 bus C, 4900 Spa
- Names & denominations
- GBL Construction
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 1999
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
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