G-TRI

Active

Public limited companyfounded 199035 yrs activeKolonel Bourgstraat 111, 1140 Evere, BelgiumKBO/BCE: BE 0441.790.458

G-TRI has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €100k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Watch Print / PDF

Checked score

Score 2025

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+68

Solvency42▲+33

Growth78▲+46

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity tight (current ratio 1.15 against 0.72 in 2024; short-term debt: 62.3% and cash: 0.7% of total assets), and 83.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

16.8%

Return on assets

28.3%

Age of the figures

9 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 38

Relative position

BE, all sectors

reference

Sector 38

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 d early

2024

54 d late

2023

30 d late

2022

31 d late

2021

31 d late

2020

181 d late

2019

404 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€100k

2024 · €-18k

2018: €44k 2019: €10k 2020: €10k 2021: €-134k 2022: €14k 2023: €22k 2024: €-18k

2018 → 2025

Working capital

€33k

2024 · €-63k

2018: €34k 2019: €1k 2020: €30k 2021: €-97k 2022: €-62k 2023: €-48k 2024: €-63k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-62k-€-48k▲ 22.6%€-26k▲ 45.2%€-40k▼ 50.7%€59k

Operating result€-114k-€22k€30k▲ 39.5%€-8k€111k

Net result€-134k-€14k€22k▲ 59.4%€-18k€100k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €111k after a loss of €8k in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €352k

28.4%

71.6%

Fixed assets €100k▲ 20.8%

Current assets €252k▲ 57.9%

Equity and liabilities €352k

16.8%

82.9%

Equity €59k

Provisions €832

Debt €292k

Debt finances 82.9% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€148k▲

2024 · €29k

Cash flow

€137k▲

2024 · €20k

Solvency

16.8%▲

2024 · -16.4%

Current ratio

1.15▲

2024 · 0.72

Quick ratio

1.15▲

2024 · 0.72

Debt / equity

4.93▲

2024 · -7.08

ROE

168.4%

ROA

28.3%▲

2024 · -7.5%

Interest coverage

14.03▲

2024 · 2.68

Debt

€292k▲

2024 · €281k

Debt ≤ 1 year

€219k▼

2024 · €222k

Debt > 1 year

€72k▲

2024 · €56k

Income taxes

€3k▲

2024 · €232

Staff costs

€188k▼

2024 · €226k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€242k€352k▲

Fixed assets21/28€83k€100k▲

Tangible fixed assets22/27€80k€98k▲

Plant, machinery and equipment23€14k€11k▼

Furniture and vehicles24€25k€66k▲

Leasing and similar rights25€41k€21k▼

Financial fixed assets28€2k€2k=

Current assets29/58€159k€252k▲

Amounts receivable after more than one year29-€43k

Other amounts receivable291-€43k

Amounts receivable within one year40/41€151k€205k▲

Trade receivables40€151k€205k▲

Other amounts receivable41-€4

Current investments50/53€0-

Cash at bank and in hand54/58€3k€3k=

Deferred charges and accrued income490/1€6k€860▼

Equity and liabilities

Total equity and liabilities10/49€242k€352k▲

Equity10/15€-40k€59k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€6k€6k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k€6k=

Profit (loss) carried forward14€-112k€-12k▲

Investment grants15€4k€3k▼

Provisions and deferred taxes16€1k€832▼

Deferred taxes168€1k€832▼

Amounts payable17/49€281k€292k▲

Amounts payable after more than one year17€56k€72k▲

Financial debts170/4€56k€72k▲

Amounts payable within one year42/48€222k€219k▼

Current portion of amounts payable after more than one year42€25k€35k▲

Financial debts43€58k€48k▼

Credit institutions430/8€58k€48k▼

Trade debts44€78k€98k▲

Suppliers440/4€78k€98k▲

Taxes, remuneration and social security45€36k€30k▼

Taxes450/3€5k€4k▼

Remuneration and social security454/9€31k€25k▼

Other amounts payable47/48€25k€8k▼

Accrued charges and deferred income492/3€2k€180▼

Income statement Code20242025

Remuneration, social security and pensions62€226k€188k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼

Other operating charges640/8€8k€15k▲

Gross operating margin9900€263k€350k▲

Operating profit (loss)9901€-8k€111k▲

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€11k€11k▼

Recurring financial charges65€11k€11k▼

Profit (loss) for the period before taxes9903€-18k€102k▲

Transfer from deferred taxes780-€208

Income taxes67/77€232€3k▲

Profit (loss) for the period9904€-18k€100k▲

Profit (loss) for the period to be appropriated9905€-18k€100k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-112k€-12k▲

Profit (loss) brought forward from the previous period14P€-94k€-112k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Back to profitnet €100k

Net result €100k after one loss-making year.

23-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 54 days late

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

28-01

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 181 days late

2021

31-12

Financial Weakest financial yearnet €-134k ▼1478%

Net result drops to €-134k, the lowest in the series; recovery starts the following year.

08-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 404 days late

2019

20-09

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 51 days late

2018

01-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 1 day late

2017

24-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 24 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2016

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-01-2016 Dorinne CENZANO: Resigned as Director

01-01-2016 Dorinne CENZANO: Resigned as Managing director

01-01-2016 Yamina JELLAB: Resigned as Director

01-01-2016 Yamina JELLAB: Resigned as Managing director

Location & real-estate footprint

Registered office, Evere · 1 establishment unit since 1990

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kolonel Bourgstraat 1111140 Evere

Ground area

3,681 m²