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G.T.M.

Active
Public limited companyfounded 1993active for 33 yearsVermeulenstraat 2, 8900 Ieper, BelgiumKBO/BCE: BE 0451.015.851
Summary

G.T.M. has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,200 and a net result of €67,816. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 5,590 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other personal services
NACE 96999
1 site
Size
€112,991total assets 2025
Equity
€13,200
Profit
€67,816
Turnover not published (micro format)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 79 days early1 of 14 deeds read
Why 90raises riskLiquidity: current ratio 1.27, cash €145, halvedlowers riskFounded in 1993Size: total assets €112,991Legal form: public limited companyShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 96, micro)
Financial strength · tick = 2024
Average
Solvency 37+37
equity 11.7% of total assets
Liquidity 14+6
short-term debt 67.3% · cash 0.1%
Profitability 100=
return on assets 60.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,593 companies, NACE 96, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025highest value 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.3 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.27, compared with 0.57 in 2024; short-term debt: 67.3% and cash: 0.1% of total assets), and 88.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 38% on solvency, 12% on liquidity, 93% on profitability and 92% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1993
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €112,991
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.27, cash €145, halved
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-11-2025, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 days early
2024
136 days early
2023
76 days early
2022
64 days early
2021
22 days early
2020
44 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 67 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 November (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Stefanie Saelens (director and managing…Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Liquidity more than doublescurrent ratio 1.27

Key points

  • Positive: Among the best 5% on net resultsector median €2,814 · 5,596 companies €67,816 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €67,816 7 years View
  • New directorslatest change 01-02-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€112,991
Profit
€67,816
Solvency
11.7%
Total assets▲ 41.5%
Net result
20192025
Go to Financials

Timeline

Events
34
Since
1996
Next accounts
by 31-01-2027
  1. 17-09-2024Annual accounts filed
  2. 16-11-2023Annual accounts filed
  3. 28-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other personal servicesNACE 96999
Founded
29-09-1993
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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