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G.T.

Active Public limited companyfounded 1987active for 39 years17 Esk. Licht Vliegwezenlaan 2, 2490 BalenKBO/BCE: BE 0430.770.367 #3 oldest company in Balen, Accommodation and food service sector

Lifetime

18 annual accounts with figures on one time axis, 39 filings since 1987
peak €183,700 (2021)
€156,801▲ 32.6%
lowest -€43,444 (2010)
€58,928▲ 80.6%
peak €865,553 (2008)
€453,279▲ 14.9%
€176,753▲ 1.9%
peak 2.8 FTE (2008)
-not published
Board6 names since 2016
6 directors and 5 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €118,251 to €156,801Result from €32,629 to €58,928Equity from €394,351 to €453,279Cash from €18,855 to €70,279

Key points

from the 2025 annual accounts

Equity

€453,279 from €865,553 in 2008

Equity fell by 48% in 17 years.

Liquidity

0.76 was 0.32 in 2024

Short-term debts rose from €160,427 to €172,967.

Filings

39 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2019 accounts came latest: 60 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as G.T. has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for G.T.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director, since 19-03-2024
Director, since 19-03-2024
Director
Director, since 19-03-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0430770367
3 directors reappointed , and · Director discharge: · Director discharge: · General meeting of 19-03-2024 · Gazette deed
Capital decrease of €188,000 to €62,000 Capital from €25,000 to €62,000 · General meeting of 21-12-2017 · Gazette deed
Capital decrease of €358,578.60 to €250,000 Capital from €608,578.60 to €250,000 · Reappointments: , and · Appointments: , and · General meeting of 08-11-2016 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
G.T. Balen €630,032 €156,801 71.9% -
CAMPING TEN BOS De Haan €888,505 €204,869 82.5% -
CAMPING G.T. Balen €716,298 €304,711 86.9% -
DENNENBAD verblijfspark Schoten €646,773 €260,591 53.0% 1.3
Paradiso Camping Bonheiden €523,334 €143,294 48.8% -
ILE DE FAIGNEUL Bouillon €596,213 €284,209 42.6% -
MIJN PLEZIER Middelkerke €961,465 €225,976 55.3% -

These companies have the same main activity as G.T.: accommodation (NACE 55300). They are comparable in size and age: total assets between €523,000 and €961,000, founded between 1970 and 1993.

Official details

Source: KBO
Status
Active since 01-04-1987Normal situation
Activity
AccommodationNACE 55300and 2 others
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.033.076.1512490 Balen, since 10-04-1987
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

≈ €390,000estimated
€630,032▲ 10.9%
≈ 0 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on G.T.

G.T. files the micro format. That format states no turnover. The gross margin rose from €133,342 in 2008 to €156,801 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about G.T.

What is the company number of G.T.?
The company number of G.T. is 0430.770.367. The VAT number is the same number with BE in front: BE 0430.770.367.
Where is G.T. based?
The registered office is at 17 Esk. Licht Vliegwezenlaan 2, 2490 Balen.Company details
What does G.T. do?
According to the KBO register, the main activity is accommodation (NACE 55300).
What is the legal form of G.T.?
G.T. is a public limited company (NV).
When was G.T. founded?
G.T. was founded on 01-04-1987.
Is G.T. still active?
Yes, G.T. is an active enterprise in the KBO register.
Which joint committee does G.T. fall under?
In its 2025 annual accounts, G.T. states joint committee 302 (Hotels and catering).
What is the turnover of G.T.?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €156,801 and 2,201 comparable companies of the same size. It probably lies between €260,000 and €610,000. It is a rough estimate.Financials
Is G.T. profitable?
In financial year 2025, G.T. made a profit of €58,928.
Where can I find the annual accounts of G.T.?
G.T. filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G.T. due?
G.T. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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