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GATIC

Active
Private limited company (pre-2019)founded 199233 yrs activeEngstegenseweg 45, 3520 Zonhoven, BelgiumKBO/BCE: BE 0448.964.104
Summary

The annual accounts of GATIC for fiscal year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €101,305 and a net result of -€170,835. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 31840 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-12
Solvency48▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.35 against 3.46 in 2024; short-term debt: 2.9% and cash: 0.2% of total assets), but 76.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · 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
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.3%
Return on assets
-39.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€170,835
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
2 d early
2023
30 d late
2022
32 d late
2021
23 d late
2020
30 d late
2019
60 d late
← 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 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 18 December 1992, GATIC was incorporated.1 Total assets went from EUR 454,662 in 2018 to EUR 434,572 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€101,305▼ 62.8%
2024 · €272,140
Total assets
€434,572▼ 28.5%
2024 · €607,646
Net result
-€170,835▼ 454%
2024 · -€30,860
Working capital
€42,265▲ 15.9%
2024 · €36,462
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,518-€9,457€16,829-€29,513-€167,114▼ 466%
Net result€9,589-€13,690€10,735-€30,860-€170,835▼ 454%
Equity€305,955▲ 3.2%€292,265▼ 4.5%€303,000▲ 3.7%€272,140▼ 10.2%€101,305▼ 62.8%
Total assets€626,340▲ 20.4%€649,892▲ 3.8%€645,728▼ 0.6%€607,646▼ 5.9%€434,572▼ 28.5%
Debt€320,385▲ 43.3%€357,627▲ 11.6%€342,728▼ 4.2%€335,505▼ 2.1%€333,267▼ 0.7%
Working capital€51,521▼ 35.2%€32,687▼ 36.6%€53,183▲ 62.7%€36,462▼ 31.4%€42,265▲ 15.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2021: €15,518€15,518Net result 2021: €9,589€9,589Operating result 2022: -€9,457-€9,457Net result 2022: -€13,690-€13,690Operating result 2023: €16,829€16,829Net result 2023: €10,735€10,735Operating result 2024: -€29,513-€29,513Net result 2024: -€30,860-€30,860Operating result 2025: -€167,114-€167,114Net result 2025: -€170,835-€170,83520212022202320242025-€200,000-€150,000-€100,000-€50,000€0Operating result 2023: €16,829€16,800Net result 2023: €10,735€10,700Operating result 2024: -€29,513-€29,500Net result 2024: -€30,860-€30,900Operating result 2025: -€167,114-€167,000Net result 2025: -€170,835-€171,000202320242025
The operating result stays negative: a loss of €167,114 in 2025 against €29,513 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434,572
Fixed assets €379,699 ▼ 31.8%
Current assets €54,873 ▲ 6.9%
Equity and liabilities €434,572
Equity €101,305 ▼ 62.8%
Debt €333,267 ▼ 0.7%
Debt's share of the balance-sheet total rises from 55.2% to 76.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€159,867▼
2024 · -€15,910
Cash flow
-€163,588▼
2024 · -€17,256
Current ratio
4.35▲
2024 · 3.46
Debt to equity
3.29▲
2024 · 1.23
ROE
-168.6%▼
2024 · -11.3%
ROA
-39.3%▼
2024 · -5.1%
Interest coverage
-27.26▼
2024 · -5.03
Debt ≤ 1 year
€12,607▼
2024 · €14,846
Debt > 1 year
€320,659=
2024 · €320,659
Staff costs
€12,036
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€607,646€434,572▼
Fixed assets21/28€556,337€379,699▼
Tangible fixed assets22/27€68,853€67,214▼
Land and buildings22€67,625€66,502▼
Furniture and vehicles24€1,227€712▼
Financial fixed assets28€487,485€312,485▼
Current assets29/58€51,308€54,873▲
Amounts receivable within one year40/41€45,098€53,991▲
Trade receivables40-€6,191
Other amounts receivable41€45,098€47,800▲
Cash at bank and in hand54/58€4,586€881▼
Deferred charges and accrued income490/1€1,624-
Equity and liabilities
Total equity and liabilities10/49€607,646€434,572▼
Equity10/15€272,140€101,305▼
Contributions10/11€295,000€295,000=
Reserves13€25,066€25,066=
Non-distributable reserves130/1€21,737€21,737=
Reserves not available under the articles1311€21,737€21,737=
Distributable reserves133€3,329€3,329=
Profit (loss) carried forward14-€47,926-€218,761▼
Amounts payable17/49€335,505€333,267▼
Amounts payable after more than one year17€320,659€320,659=
Financial debts170/4€320,659€320,659=
Amounts payable within one year42/48€14,846€12,607▼
Current portion of amounts payable after more than one year42€5,896-
Trade debts44€3,295€1,347▼
Suppliers440/4€3,295€1,347▼
Taxes, remuneration and social security45€5,655€10,960▲
Taxes450/3€5,655€10,960▲
Other amounts payable47/48-€300
Income statement Code20242025
Non-recurring operating income76A-€3,394
Remuneration, social security and pensions62-€12,036
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,603€7,247▼
Other operating charges640/8€2,861€2,544▼
Non-recurring operating charges66A€12,183€179,627▲
Gross operating margin9900-€865€34,341▲
Operating profit (loss)9901-€29,513-€167,114▼
Financial income75/76B€1,817€2,144▲
Recurring financial income75€1,817€2,144▲
Financial charges65/66B€3,164€5,865▲
Recurring financial charges65€3,164€5,865▲
Profit (loss) for the period before taxes9903-€30,860-€170,835▼
Profit (loss) for the period9904-€30,860-€170,835▼
Profit (loss) for the period to be appropriated9905-€30,860-€170,835▼
Appropriation of the result
Profit (loss) to be appropriated9906-€47,926-€218,761▼
Profit (loss) brought forward from the previous period14P-€17,066-€47,926▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€3,394-
Remuneration, social security and pensions62----€12,036-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,726€13,562€21,271€13,603€7,247▼ 46.7%
Other operating charges640/8€2,405€2,469€2,780€2,861€2,544▼ 11.1%
Non-recurring operating charges66A---€12,183€179,627▲ 1,374%
Gross operating margin9900€23,649€6,574€40,880-€865€34,341▲ 4,069%
Operating profit (loss)9901€15,518-€9,457€16,829-€29,513-€167,114▼ 466%
Financial income75/76B€1,605€1,901€2,009€1,817€2,144▲ 18.0%
Recurring financial income75€1,605€1,901€2,009€1,817€2,144▲ 18.0%
Financial charges65/66B€6,068€5,933€7,965€3,164€5,865▲ 85.4%
Recurring financial charges65€6,068€5,933€7,965€3,164€5,865▲ 85.4%
Profit (loss) for the period before taxes9903€11,055-€13,490€10,872-€30,860-€170,835▼ 454%
Income taxes67/77€1,466€200€137---
Profit (loss) for the period9904€9,589-€13,690€10,735-€30,860-€170,835▼ 454%
Transfer from tax-exempt reserves789€7,500-----
Profit (loss) for the period to be appropriated9905€17,089-€13,690€10,735-€30,860-€170,835▼ 454%
Line20212022202320242025Change
Assets
Total assets20/58€626,340€649,892€645,728€607,646€434,572▼ 28.5%
Fixed assets21/28€572,884€595,665€574,394€556,337€379,699▼ 31.8%
Tangible fixed assets22/27€84,399€102,180€80,910€68,853€67,214▼ 2.4%
Land and buildings22€84,399€78,673€73,074€67,625€66,502▼ 1.7%
Furniture and vehicles24-€23,508€7,836€1,227€712▼ 42.0%
Financial fixed assets28€488,485€493,485€493,485€487,485€312,485▼ 35.9%
Current assets29/58€53,456€54,226€71,333€51,308€54,873▲ 6.9%
Amounts receivable within one year40/41€47,108€44,762€65,603€45,098€53,991▲ 19.7%
Trade receivables40€2,000-€12,807-€6,191-
Other amounts receivable41€45,108€44,762€52,796€45,098€47,800▲ 6.0%
Cash at bank and in hand54/58€1,921€5,065€4,344€4,586€881▼ 80.8%
Deferred charges and accrued income490/1€4,428€4,399€1,387€1,624--
Equity and liabilities
Total equity and liabilities10/49€626,340€649,892€645,728€607,646€434,572▼ 28.5%
Equity10/15€305,955€292,265€303,000€272,140€101,305▼ 62.8%
Contributions10/11€295,000€295,000€295,000€295,000€295,000=
Reserves13€25,066€25,066€25,066€25,066€25,066=
Non-distributable reserves130/1€21,737€21,737€21,737€21,737€21,737=
Reserves not available under the articles1311€21,737€21,737€21,737€21,737€21,737=
Distributable reserves133€3,329€3,329€3,329€3,329€3,329=
Profit (loss) carried forward14-€14,111-€27,801-€17,066-€47,926-€218,761▼ 356%
Amounts payable17/49€320,385€357,627€342,728€335,505€333,267▼ 0.7%
Amounts payable after more than one year17€318,450€336,088€324,578€320,659€320,659=
Financial debts170/4€318,450€336,088€324,578€320,659€320,659=
Amounts payable within one year42/48€1,935€21,539€18,150€14,846€12,607▼ 15.1%
Current portion of amounts payable after more than one year42-€10,920€11,280€5,896--
Trade debts44€1,935€6,520€2,599€3,295€1,347▼ 59.1%
Suppliers440/4€1,935€6,520€2,599€3,295€1,347▼ 59.1%
Taxes, remuneration and social security45-€4,099€4,271€5,655€10,960▲ 93.8%
Taxes450/3-€1,610€3,486€5,655€10,960▲ 93.8%
Remuneration and social security454/9-€2,489€785---
Other amounts payable47/48----€300-
Line20212022202320242025Change
Profit (loss) for the period9904€9,589-€13,690€10,735-€30,860-€170,835▼ 454%
+ Depreciation and write-downs630€5,726€13,562€21,271€13,603€7,247▼ 46.7%
Operating cash flow (approximation)€15,316-€127€32,006-€17,256-€163,588▼ 848%
Investment in fixed assets (approximation)--€36,344€0€4,454€169,391▲ 3,703%
Change in cash-€3,145-€722€242-€3,705▼ 1,630%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€170,835
Net result drops to -€170,835, the lowest in the series.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial Back to profitnet €10,735
Net result €10,735 after one loss-making year.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
31-12
Financial Back to profitnet €9,589
Net result €9,589 after 2 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 27.62
Current ratio from 7.65 to 27.62; short-term debt falls from €11,944 to €1,935.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
19-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 50 days late
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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
Registered office, Zonhoven · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1,156 m²
Building footprint
191 m²
Volume, LiDAR
1,097 m³
Parcel 71066B0707/00N000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GATIC NV
Engstegenseweg 45, 3520 ZonhovenNACE 65231
since 19932.060.372.842
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71066B0707/00N000 Flanders 1,156 m² 1 · 191 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 40,604 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.