Limited Liability Company (LLC)
GG Development
GG Development Spółka z Ograniczoną Odpowiedzialnością
Limited Liability Company (LLC)
GG Development Spółka z Ograniczoną Odpowiedzialnością
GG Development Spółka z Ograniczoną Odpowiedzialnością (KRS 0000845939, NIP 5423402814) is a Polish company, headquartered in Białystok, Podlaskie voivodeship. GG Development operates in: Development of building projects (PKD 41.10.Z). Industry: Building construction. The company has been listed in the National Court Register since June 15, 2020. GG Development's most recently reported net revenue was 1.1 M PLN for 2023.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
Other activities
Credibility rating
37.1 / 100
Poor credibility
Insolvency risk
Low
Elevated threat
Closure risk
32
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
0
0/6 yrs
Board changes
1
1/6 yrs
PKD changes
0
0/6 yrs
Name changes
0
0/6 yrs
Data from 6 years of registry activity.
Payment reliability score from 2021–2023
Current: E (37/100)
Trend: deteriorating (-4.0 pts/year)
Bardzo słaba wiarygodność płatnicza – współpraca handlowa wiąże się z wysokim ryzykiem braku zapłaty.
Standard limit from 2021–2023
Current: 27.3 K PLN
Safe: 5.5 K PLN
Difference between risk models
Closure - probability of ceasing operations (operational continuity). Insolvency - probability of formal bankruptcy / restructuring. The models use different data - results can diverge significantly when balance-sheet data is incomplete.
Founded
June 15, 2020
6 years in operation
Legal form
Limited Liability Company (LLC)
Registry: RejP
Headquarters
BIAŁYSTOK
PODLASKIE
Primary PKD
41.10.Z
Development of building projects
Share capital
5.0 K PLN
Shareholders
2
shareholders
Board
1 person
Filed years
3 years
2021–2023 · profitable: 0/3
Registry entries
15
latest: February 3, 2025
Risk signals
Revenue
1.1 M PLN
2023
Net profit
-142.8 K PLN
2023
Assets
4.3 M PLN
2023
Equity
1.4 M PLN
2023
Valuation
2.1 M PLN
Low confidence
Low confidence
People holding roles at GG Development according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
Rate business credibility - GG Development.
No ratings

News
Cieszyn-based Atal S.A. (KRS 0000262397) closed 2025 with revenue of PLN 1.267bn, net profit of PLN 223.3m and a 17.6% net margin. The board recommends a PLN 4.50 per-share dividend (88% of profit, PLN 194.67m in total, ~8.6% yield) – lower than the PLN 6.00 paid from 2024 profit but still among the highest in the Polish residential-development sector. Q1 2026 saw handovers double (500 vs 218 YoY); the 2026 targets are 2,500–3,000 units sold and 3,000–4,000 handed over. Juroszek Holding controls 76.30% of the capital.

Explainer
Develia S.A. (KRS 0000253077), headquartered at ul. Gen. Romualda Traugutta 45 in Wrocław, is one of Poland's largest residential developers listed on the WSE. The company has operated under the "Develia" brand since 2019 (previously as LC Corp, part of Leszek Czarnecki's group). Listed on the WSE since 2007, it is an mWIG40 constituent with a four-member management board and a seven-member supervisory board. Per the 2025 financial statements: PLN 2.08bn revenue (+16% YoY) and PLN 443.5m net profit.
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
GG Development has 2 shareholders.
No - GG Development's share capital is split between several shareholders.
GG Development's board has 1 member.
Trend: deteriorating (+68 days/year)
Score
42/100
Late
3
Average delay
427 days
Max delay
934 days
On-time rate
25%
Latest reporting year
2023
Available years
4
Filing entries
4
Financial statement 2021
Financial statement 2022
Financial statement 2023
Financial statement 2020
15 historical registry entries for GG Development
Identifier change
BI.XII NS-REJ.KRS/4937/20/965/NIP
Change in Section 1 (basic data)
BI.XII NS-REJ.KRS/6304/20/335
Board change
BI.XII NS-REJ.KRS/3876/21/679
Filing documents submitted (3 documents)
Filing documents submitted (6 documents)
Competing companies or those operating in the same market segment as GG Development (industry: Building construction).
ŁAPY· Building construction
Revenue 2024: 1.9 M PLN
CZEKANÓW· Building construction
Revenue 2024: 1.5 M PLN
ŁYSKI· Building construction
Revenue 2024: 1.2 M PLN
BIAŁYSTOK· Building construction
Revenue 2024: 1.0 M PLN
CHOJNICE· Building construction
Revenue 2024: 991.0 K PLN
ELBLĄG· Building construction
Revenue 2024: 853.6 K PLN