G.Y.T.M.
Open bankruptcyA bankruptcy procedure is open for G.Y.T.M. according to publications in the Belgian State Gazette; curator: Dirk DE MAESENEER.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-07-2024, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
15 d early
2022
13 d early
2021
8 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-11k▼ 136%
2022 · €-5k
2020: €3k
2021: €-2k
2022: €-5k
2020 → 2023
Total assets
€10k▲ 12.1%
2022 · €9k
2020: €7k
2021: €4k
2022: €9k
2020 → 2023
Net result
€-6k▼ 102%
2022 · €-3k
2020: €-2k
2021: €-5k
2022: €-3k
2020 → 2023
Working capital
€-13k▼ 97.3%
2022 · €-7k
2020: €-595
2021: €-4k
2022: €-7k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€3k-€-2k€-5k▼ 207%€-11k▼ 136%
Operating result€-2k-€-4k▼ 116%€2k€-2k
Net result€-2k-€-5k▼ 123%€-3k▲ 29.2%€-6k▼ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €2k after €2k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €10k
Fixed assets
€2k =
Current assets
€8k ▲ 15.5%
Key figures and ratios
Solvency
-116.1%▼
2022 · -55.1%
Current ratio
0.37▼
2022 · 0.50
Quick ratio
0.22▼
2022 · 0.27
Debt to equity
-1.86▲
2022 · -2.82
ROA
-67.0%▼
2022 · -37.1%
Debt
€21k▲
2022 · €13k
Debt ≤ 1 year
€21k▲
2022 · €13k
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 · 2023 against 2022 · 34 lines
Balance sheet
Code20222023
Assets
Total assets20/58€9k€10k▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€7k€8k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€3k€5k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€755€36▼
Equity and liabilities
Total equity and liabilities10/49€9k€10k▲
Equity10/15€-5k€-11k▼
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Profit (loss) carried forward14€-10k€-16k▼
Amounts payable17/49€13k€21k▲
Amounts payable within one year42/48€13k€21k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€50-
Taxes450/3€50-
Other amounts payable47/48€9k€15k▲
Income statement
Code20222023
Goods, raw materials, services and sundry goods60/61€833€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€833-
Other operating charges640/8€751€116▼
Gross operating margin9900€4k€-2k▼
Operating profit (loss)9901€2k€-2k▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€-3k€-6k▼
Profit (loss) for the period9904€-3k€-6k▼
Profit (loss) for the period to be appropriated9905€-3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-16k▼
Profit (loss) brought forward from the previous period14P€-7k€-10k▼
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
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
12-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · G.Y.T.M. BV DE BURTIN- STRAAT 1, 1853. GRIMBERGEN · event 06-02-2024
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
06-02-2024 → present |