The computed 12-month bankruptcy probability of G-Telecom Belgium is 11.0% (high). For G-Telecom Belgium, one filing cycle of the annual accounts is missing. The 2023 annual accounts show equity of €548,089 and a net result of €172,670. Equity is growing by about 130% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 11-09-2025)Liquidity: current ratio 1.50, cash €4,164, halved1 financial year not filed after the legal deadline; latest accounts 68 days late; 2 of the last 3 late1 change of registered office in 24 monthsAnnual accounts not filedneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency36-8
equity 11.5% of total assets
Liquidity15-36
short-term debt 66.6% · cash 0.1%
Profitability47+6
return on assets 3.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
11.0%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.3% (60 companies, NACE 61, small)
Last 24 months11-2024: 3.0%lowest value12-2024: 3.5%▲ +0.5 percentage points vs 11-202401-2025: 5.1%▲ +1.6 percentage points vs 12-202402-2025: 9.5%▲ +4.4 percentage points vs 01-202503-2025: 9.5%● unchanged vs 02-202504-2025: 8.7%▼ -0.8 percentage points vs 03-202505-2025: 8.7%● unchanged vs 04-202506-2025: 8.3%▼ -0.4 percentage points vs 05-202507-2025: 9.4%▲ +1.1 percentage points vs 06-202508-2025: 11.3%▲ +1.9 percentage points vs 07-202509-2025: 11.3%● unchanged vs 08-202510-2025: 14.3%▲ +3.0 percentage points vs 09-2025highest value11-2025: 9.0%▼ -5.3 percentage points vs 10-202512-2025: 9.2%▲ +0.2 percentage points vs 11-202501-2026: 10.1%▲ +0.9 percentage points vs 12-202502-2026: 10.1%● unchanged vs 01-202603-2026: 10.1%● unchanged vs 02-202604-2026: 9.4%▼ -0.7 percentage points vs 03-202605-2026: 9.4%● unchanged vs 04-202606-2026: 9.2%▼ -0.2 percentage points vs 05-202607-2026: 9.2%● unchanged vs 06-202608-2026: 11.0%▲ +1.8 percentage points vs 07-202609-2026: 11.0%● unchanged vs 08-202610-2026: 11.0%● unchanged vs 09-2026
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 121 days after the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2024 · full…
Annual accounts filedfinancial year 2023 · full…
Highest result from 2018 to 2023net €172,670 ▲551%
Key points
Positive: Result rose in 2023from €26,511 to €172,670▲ 551%View
Caution: Accounts not fileddeadline was 31-07-202675 days lateView