Equity
€191,205 ▲ 24.3%
GBTEC has made a profit without a break since 2016.
GBTEC
Lifetime
11 annual accounts with figures on one time axispeak €102,097 (2022)
€81,763▲ 24.9%
lowest -€11,560 (2015)
€37,397▲ 19.5%
peak €191,205 (2025)
€191,205▲ 24.3%
€126,306▲ 16.9%
peak 1 FTE (2016)
-not published
Board1 name since 2021
1 director
Owners
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €65,480 to €81,763Equity from €153,808 to €191,205Debts from €108,008 to €126,306Cash from €36,148 to €77,229
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The micro format states no turnover.
Investments
€57,437 1.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.47 was 2.34 in 2024
Short-term debts rose from €21,859 to €27,566.
Filings
11 annual accounts since 2015
The last five annual accounts were filed 36 to 59 days before the end of the period.
Position in the sector
€191,205
More equity than 82% of companies in specialised construction. Sector median €57,818 · 37,225 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as GBTEC has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for GBTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0556811078
Legal-form change · Resignations & appointments
General meeting of 13-10-2023 · Gazette deed
First establishment
Rue Axiale 3, Incourt
Incorporation
published on 05-08-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GBTEC Incourt | €317,510 | €81,763 | 60.2% | - |
| WORLD GROUP Tubize | €302,747 | €70,919 | 8.3% | - |
| VentiServe Geel | €320,516 | €85,978 | 15.8% | - |
| DH TECH Beveren-Kruibeke-Zwijndrecht | €352,126 | €86,515 | 80.1% | - |
| DECROIX Alain Faimes | €337,481 | €76,233 | 61.1% | - |
| SPOSATO Vincenzo Châtelet | €305,528 | €83,895 | 59.8% | - |
| DVS Verwarming Hulshout | €321,402 | €70,622 | 30.5% | - |
These companies have the same main activity as GBTEC: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €303,000 and €352,000, founded between 2012 and 2015.
Official details
Source: KBO- Status
- Active since 15-07-2014Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222
- Establishment unit
- 2.233.702.0431315 Incourt, since 24-07-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €317,510▲ 21.3%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on GBTEC
GBTEC files the micro format. That format states no turnover. The gross margin rose from €7,444 in 2015 to €81,763 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GBTEC
- What is the company number of GBTEC?
- The company number of GBTEC is 0556.811.078. The VAT number is the same number with BE in front: BE 0556.811.078.
- Where is GBTEC based?
- The registered office is at Rue Axiale 3, 1315 Incourt.Company details
- What does GBTEC do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of GBTEC?
- GBTEC is a private limited company (BV).
- When was GBTEC founded?
- GBTEC was founded on 15-07-2014.
- Is GBTEC still active?
- Yes, GBTEC is an active enterprise in the KBO register.
- How many employees does GBTEC have?
- GBTEC had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of GBTEC?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €81,763 and 30 comparable companies (NACE 43222). It probably lies between €250,000 and €440,000.
- Is GBTEC profitable?
- In financial year 2025, GBTEC made a profit of €37,397.
- Where can I find the annual accounts of GBTEC?
- GBTEC filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GBTEC due?
- GBTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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