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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
GSA CONSTRUCT from Châtelet, company number BE0727422992, closed financial year 2023 with a result of € 41,008 after tax. For that financial year GSA CONSTRUCT recorded a gross margin of € 682,078 and equity of € 89,422. Compared with financial year 2022, the result moved from € 33,642 to € 41,008. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ 89,422
▲ 85% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,008
▲ 22% vs 2022
Profit after tax over the fiscal year.
€ 6,250
▼ 79% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 85,422.
People and assets in 2023
12.6
▲ 3.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 598,960
▲ 59% vs 2022
€ 47,500 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.
€ 12,709
▼ 38% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 131,571
▲ 170% vs 2022
€ 24,209 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 452,376
▲ 104% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 89,034
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 117,424 | € 429,480 | € 682,078 | ▲ 59% |
| Profit after taxes | € -14,795 | € 33,642 | € 41,008 | ▲ 22% |
| Equity | € 14,772 | € 48,414 | € 89,422 | ▲ 85% |
| Total debts | € 188,434 | € 362,607 | € 684,938 | ▲ 89% |
| Cash | € 22,864 | € 30,143 | € 6,250 | ▼ 79% |
| Retained profit | € 10,772 | € 44,414 | € 85,422 | ▲ 92% |
| Bank debt | € 9,017 | € 48,747 | € 131,571 | ▲ 170% |
| Balance sheet total | € 203,206 | € 411,022 | € 774,360 | ▲ 88% |
| Employees (FTE) | - | 8.9 | 12.6 | ▲ 3.7 |
Key figures of GSA CONSTRUCT, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GSA CONSTRUCT?
What happened at GSA CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GSA CONSTRUCT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 41,008 (▲ 22% vs 2022). filed late Source: NBB ↗
- New establishment in Châtelet. KBO
- Adriano Sigona became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,795 loss in 2021 to € 41,008 profit in 2023.
Paid € 11,435 in corporate taxes since 2021.
Best year ever: 2023, with € 41,008 profit.
On average € 54,100 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GSA CONSTRUCT is Adriano Sigona.
Directors
According to the 2023 annual accounts
Adriano Sigona
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Emile Vandervelde 201
6200 Châtelet
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.422.992
- VAT number
- BE 0727.422.992
- Registered office
- Rue Emile Vandervelde 201, 6200 Châtelet
- Names & denominations
- GSA CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 May 2019
- Peppol
- Not registered
- Activities · NACE
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