G.C.T.
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
9 d early
2023
5 d early
2022
11 d early
2021
12 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.07M▼ 57.8%
2023 · €2.53M
2018: €58.17M
2019: €62.39M
2020: €49.86M
2021: €59.15M
2022: €19.17M
2023: €2.53M
2018 → 2024
EBIT margin
22.0%▲ 2.8pp
2023 · 19.2%
2018: 6.3%
2019: 0.8%
2020: 8.1%
2021: 14.5%
2022: 8.0%
2023: 19.2%
2018 → 2024
Net result
€500k▲ 10.8%
2024 · €451k
2018: €139k
2019: €233k
2020: €3.49M
2021: €6.06M
2022: €1.08M
2023: €571k
2024: €451k
2018 → 2025
Working capital
€18.19M▲ 2.9%
2024 · €17.69M
2018: €5.78M
2019: €3.28M
2020: €9.53M
2021: €16.27M
2022: €16.67M
2023: €17.24M
2024: €17.69M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€59.15M-€19.17M▼ 67.6%€2.53M▼ 86.8%€1.07M▼ 57.8%
Equity€15.59M-€16.67M▲ 6.9%€17.24M▲ 3.4%€17.69M▲ 2.6%€18.19M▲ 2.8%
Operating result€8.60M-€1.53M▼ 82.2%€486k▼ 68.3%€234k▼ 51.8%€465k▲ 98.6%
Net result€6.06M-€1.08M▼ 82.2%€571k▼ 47.0%€451k▼ 21.1%€500k▲ 10.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €18.22M
Equity
€18.19M ▲ 2.8%
Debt
€29k ▼ 94.1%
Debt's share of the balance-sheet total falls from 2.7% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.03
ROE
2.7%▲
2024 · 2.5%
ROA
2.7%▲
2024 · 2.5%
Debt ≤ 1 year
€29k▼
2024 · €500k
Income taxes
€165k▲
2024 · €159k
A ratio outside any meaningful range has been withheld (balance sheet total €18.22M, equity €18.19M).
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18.19M€18.22M▲
Fixed assets21/28€5k-
Financial fixed assets28€5k-
Affiliated companies280/1€5k-
Participating interests280€5k-
Current assets29/58€18.19M€18.22M▲
Amounts receivable after more than one year29€141k€141k=
Other amounts receivable291€141k€141k=
Amounts receivable within one year40/41€18.00M€18.08M▲
Trade receivables40€85k€49k▼
Other amounts receivable41€17.92M€18.03M▲
Cash at bank and in hand54/58€46k-
Equity and liabilities
Total equity and liabilities10/49€18.19M€18.22M▲
Equity10/15€17.69M€18.19M▲
Contributions10/11€496k€496k=
Capital10€496k€496k=
Issued capital100€496k€496k=
Reserves13€17.20M€17.70M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Distributable reserves133€17.15M€17.65M▲
Amounts payable17/49€500k€29k▼
Amounts payable within one year42/48€500k€29k▼
Trade debts44€491k€20k▼
Suppliers440/4€491k€20k▼
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€9k€9k=
Remuneration and social security454/9€36-
Accrued charges and deferred income492/3-€33
Income statement
Code20242025
Operating income70/76A€1.07M-
Turnover70€1.07M-
Other operating income74€8k-
Operating charges60/66A€839k-
Goods for resale, raw materials and consumables60€16k-
Purchases600/8€16k-
Services and other goods61€215k-
Remuneration, social security and pensions62€596k-
Other operating charges640/8€12k€11k▼
Gross operating margin9900-€476k
Operating profit (loss)9901€234k€465k▲
Financial income75/76B€389k€208k▼
Recurring financial income75€389k€208k▼
Income from financial fixed assets750€2k-
Income from current assets751€371k-
Other financial income752/9€16k-
Financial charges65/66B€13k€8k▼
Recurring financial charges65€13k€8k▼
Debt charges650€6k-
Other financial charges652/9€7k-
Profit (loss) for the period before taxes9903€610k€665k▲
Income taxes67/77€159k€165k▲
Taxes670/3€159k-
Profit (loss) for the period9904€451k€500k▲
Profit (loss) for the period to be appropriated9905€451k€500k▲
Appropriation of the result
Profit (loss) to be appropriated9906€451k€500k▲
Transfer to equity691/2€451k€500k▲
To other reserves6921€451k€500k▲
Social balance
Average headcount (FTE)908713.7-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
16-12
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
24-10
State Gazette act
Merger · Accounting effect
Corporate purpose · Shareholding
30-09
Financial
Liquidity times 17current ratio 618.64
Current ratio from 36.38 to 618.64; short-term debt falls from €500k to €29k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
07-01
State Gazette act
Merger · Accounting effect
Corporate purpose · Shareholding
2024
31-12
Financial
Liquidity triplescurrent ratio 36.38
Current ratio from 14.47 to 36.38; short-term debt falls from €1.28M to €500k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity doublescurrent ratio 14.47
Current ratio from 6.41 to 14.47; short-term debt falls from €3.08M to €1.28M.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.41
Current ratio from 2.27 to 6.41; short-term debt falls from €12.84M to €3.08M.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
31-12
Financial
Highest result since 2018net €6.06M ▲73.6%
Operating result €8.60M, net result €6.06M, both a record.
31-12
Financial
Equity above €10MEq €15.59M ▲63.5%
4 profitable years in a row build equity to €15.59M.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
2 transactionsTaken over by:GOSSELIN GROUP
Taken over by:GOSSELIN GROUP NV
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 243 EUR awarded · 243 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 243 EUR | 243 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300CCCZ5QO87NV135