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GDTEC

Active
Private limited companyfounded 201114 yrs activeSolvaystraße 4, 4780 Sankt Vith, BelgiumKBO/BCE: BE 0840.678.907
Summary

GDTEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,724 and a net result of €416,445. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 31% of 317 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency52▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.21 in 2024; short-term debt: 72.9% and cash: 36% of total assets), and 72.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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
27.1%
Return on assets
45.3%
Age of the figures
15 mo
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 14 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
11 d early
2023
16 d early
2022
41 d early
2021
7 d early
2020
1 d late
2019
15 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 11 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 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

GDTEC was incorporated on 26 October 2011.1 Total assets went from EUR 950,458 in 2019 to EUR 919,367 in 2025 and headcount from 10.7 to 10.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€416,445▲ 14.7%
2024 · €363,195
Working capital
€178,678▼ 16.4%
2024 · €213,669
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€472,272▲ 21.7%€468,779▼ 0.7%€416,220▼ 11.2%€473,081▲ 13.7%€492,854▲ 4.2%
Net result€431,055within the sector's middle half▲ 22.7%€441,917within the sector's middle half▲ 2.5%€316,752within the sector's middle half▼ 28.3%€363,195within the sector's middle half▲ 14.7%€416,445within the sector's middle half▲ 14.7%
Equity€478,299within the sector's middle half▲ 20.1%€494,383within the sector's middle half▲ 3.4%€518,527within the sector's middle half▲ 4.9%€317,783below the sector's middle half▼ 38.7%€248,724below the sector's middle half▼ 21.7%
Total assets€1.3mbelow the sector's middle half▲ 21.2%€1.2mbelow the sector's middle half▼ 7.2%€1.1mbelow the sector's middle half▼ 9.6%€1.3mbelow the sector's middle half▲ 21.6%€919,367below the sector's middle half▼ 30.4%
Debt€816,029▲ 21.9%€706,902▼ 13.4%€567,302▼ 19.7%€1.0m▲ 76.8%€670,642▼ 33.1%
Working capital€449,083within the sector's middle half▲ 23.6%€433,498within the sector's middle half▼ 3.5%€426,469within the sector's middle half▼ 1.6%€213,669below the sector's middle half▼ 49.9%€178,678below the sector's middle half▼ 16.4%
Solvency37.0%within the sector's middle half▼ 0.3pp41.2%within the sector's middle half▲ 4.2pp47.8%within the sector's middle half▲ 6.6pp24.1%within the sector's middle half▼ 23.7pp27.1%within the sector's middle half▲ 3.0pp
Current ratio1.55within the sector's middle half▲ 0.011.61within the sector's middle half▲ 0.061.75within the sector's middle half▲ 0.141.21within the sector's middle half▼ 0.541.27within the sector's middle half▲ 0.05
Return on assets (ROA)33.3%above the sector's middle half▲ 0.4pp36.8%above the sector's middle half▲ 3.5pp29.2%above the sector's middle half▼ 7.6pp27.5%above the sector's middle half▼ 1.7pp45.3%above the sector's middle half▲ 17.8pp
Staff (FTE)11.2within the sector's middle half▼ 4.3%8below the sector's middle half▼ 28.6%8.8below the sector's middle half▲ 10.0%10.4within the sector's middle half▲ 18.2%10.6within the sector's middle half▲ 1.9%
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2021: €472,272€472,272Net result 2021: €431,055€431,055Operating result 2022: €468,779€468,779Net result 2022: €441,917€441,917Operating result 2023: €416,220€416,220Net result 2023: €316,752€316,752Operating result 2024: €473,081€473,081Net result 2024: €363,195€363,195Operating result 2025: €492,854€492,854Net result 2025: €416,445€416,44520212022202320242025€0€200,000€400,000Operating result 2023: €416,220€416,000Net result 2023: €316,752€317,000Operating result 2024: €473,081€473,000Net result 2024: €363,195€363,000Operating result 2025: €492,854€493,000Net result 2025: €416,445€416,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €919,367
Fixed assets €70,047 ▼ 32.7%
Current assets €849,320 ▼ 30.2%
Equity and liabilities €919,367
Equity €248,724 ▼ 21.7%
Debt €670,642 ▼ 33.1%
Debt's share of the balance-sheet total falls from 75.9% to 72.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€529,602▲
2024 · €507,025
Cash flow
€453,194▲
2024 · €397,139
Quick ratio
1.02▼
2024 · 1.04
Debt to equity
2.70▼
2024 · 3.16
ROE
167.4%▲
2024 · 114.3%
Interest coverage
91.29▲
2024 · 26.99
Debt ≤ 1 year
€670,642▼
2024 · €1.0m
Income taxes
€76,516▼
2024 · €95,365
Staff costs
€549,241▲
2024 · €470,387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,609 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,609 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€919,367▼
Fixed assets21/28€104,114€70,047▼
Tangible fixed assets22/27€104,114€70,047▼
Plant, machinery and equipment23€4,448€2,073▼
Furniture and vehicles24€99,666€67,974▼
Current assets29/58€1.2m€849,320▼
Stocks and contracts in progress3€175,800€166,680▼
Stocks30/36€114,800€106,680▼
Contracts in progress37€61,000€60,000▼
Amounts receivable within one year40/41€390,497€342,306▼
Trade receivables40€273,213€270,167▼
Other amounts receivable41€117,284€72,139▼
Current investments50/53€97,317-
Cash at bank and in hand54/58€544,972€330,708▼
Deferred charges and accrued income490/1€7,840€9,626▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€919,367▼
Equity10/15€317,783€248,724▼
Contributions10/11€22,000€22,000=
Profit (loss) carried forward14€295,783€226,724▼
Amounts payable17/49€1.0m€670,642▼
Amounts payable within one year42/48€1.0m€670,642▼
Trade debts44€118,518€107,425▼
Suppliers440/4€118,518€107,425▼
Advances received on contracts in progress46€255,000-
Taxes, remuneration and social security45€65,299€77,714▲
Taxes450/3€10,581€13,962▲
Remuneration and social security454/9€54,718€63,752▲
Other amounts payable47/48€563,940€485,504▼
Income statement Code20242025
Non-recurring operating income76A€2,916€1,893▼
Remuneration, social security and pensions62€470,387€549,241▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,944€36,749▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,643-€3,477▼
Other operating charges640/8€2,658€5,815▲
Gross operating margin9900€978,427€1.1m▲
Operating profit (loss)9901€473,081€492,854▲
Financial income75/76B€4,263€5,909▲
Recurring financial income75€4,263€5,909▲
Financial charges65/66B€18,784€5,801▼
Recurring financial charges65€18,784€5,801▼
Profit (loss) for the period before taxes9903€458,560€492,962▲
Income taxes67/77€95,365€76,516▼
Profit (loss) for the period9904€363,195€416,445▲
Profit (loss) for the period to be appropriated9905€363,195€416,445▲
Appropriation of the result
Profit (loss) to be appropriated9906€859,722€712,228▼
Profit (loss) brought forward from the previous period14P€496,527€295,783▼
Profit to be distributed694/7€563,940€485,504▼
Return on contributions (dividend)694€450,000€260,000▼
Directors or managers695€80,000€190,000▲
Employees696€33,940€35,504▲
Social balance
Average headcount (FTE)908710.410.6▲

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--€3,000€2,916€1,893▼ 35.1%
Remuneration, social security and pensions62-€365,864€449,804€470,387€549,241▲ 16.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,535€22,068€24,940€33,944€36,749▲ 8.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€1,643-€3,477▼ 112%
Other operating charges640/8-€1,688€1,163€2,658€5,815▲ 119%
Gross operating margin9900€858,296€858,399€892,126€978,427€1.1m▲ 10.5%
Operating profit (loss)9901€472,272€468,779€416,220€473,081€492,854▲ 4.2%
Financial income75/76B-€4,772€3,691€4,263€5,909▲ 38.6%
Recurring financial income75€2,602€4,772€3,691€4,263€5,909▲ 38.6%
Financial charges65/66B-€20,956€28,868€18,784€5,801▼ 69.1%
Recurring financial charges65€3,887€17,363€28,868€18,784€5,801▼ 69.1%
Non-recurring financial charges66B-€3,593----
Profit (loss) for the period before taxes9903€470,987€452,594€391,043€458,560€492,962▲ 7.5%
Income taxes67/77€39,932€10,678€74,291€95,365€76,516▼ 19.8%
Profit (loss) for the period9904€431,055€441,917€316,752€363,195€416,445▲ 14.7%
Profit (loss) for the period to be appropriated9905€431,055€441,917€316,752€363,195€416,445▲ 14.7%
Line20212022202320242025Change
Assets
Total assets20/58€1.3m€1.2m€1.1m€1.3m€919,367▼ 30.4%
Fixed assets21/28€29,216€60,885€92,058€104,114€70,047▼ 32.7%
Tangible fixed assets22/27€29,216€60,885€92,058€104,114€70,047▼ 32.7%
Plant, machinery and equipment23---€4,448€2,073▼ 53.4%
Furniture and vehicles24-€60,885€92,058€99,666€67,974▼ 31.8%
Current assets29/58€1.3m€1.1m€993,772€1.2m€849,320▼ 30.2%
Stocks and contracts in progress3€68,691€120,220€196,800€175,800€166,680▼ 5.2%
Stocks30/36-€74,220€141,800€114,800€106,680▼ 7.1%
Contracts in progress37-€46,000€55,000€61,000€60,000▼ 1.6%
Amounts receivable within one year40/41€262,218€302,640€397,256€390,497€342,306▼ 12.3%
Trade receivables40-€298,846€348,894€273,213€270,167▼ 1.1%
Other amounts receivable41-€3,794€48,362€117,284€72,139▼ 38.5%
Current investments50/53€97,317€97,317€97,317€97,317--
Cash at bank and in hand54/58€789,411€608,331€296,451€544,972€330,708▼ 39.3%
Deferred charges and accrued income490/1-€11,891€5,947€7,840€9,626▲ 22.8%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.2m€1.1m€1.3m€919,367▼ 30.4%
Equity10/15€478,299€494,383€518,527€317,783€248,724▼ 21.7%
Contributions10/11-€20,000€20,000€22,000€22,000=
Reserves13€2,000€2,000€2,000---
Non-distributable reserves130/1-€2,000€2,000---
Reserves not available under the articles1311--€2,000---
Other1319-€2,000----
Profit (loss) carried forward14€456,299€472,383€496,527€295,783€226,724▼ 23.3%
Amounts payable17/49€816,029€706,902€567,302€1.0m€670,642▼ 33.1%
Amounts payable within one year42/48€816,029€706,902€567,302€1.0m€670,642▼ 33.1%
Trade debts44€143,082€69,609€162,449€118,518€107,425▼ 9.4%
Suppliers440/4-€69,609€162,449€118,518€107,425▼ 9.4%
Advances received on contracts in progress46-€150,000-€255,000--
Taxes, remuneration and social security45-€61,459€112,246€65,299€77,714▲ 19.0%
Taxes450/3-€23,335€62,987€10,581€13,962▲ 31.9%
Remuneration and social security454/9-€38,125€49,259€54,718€63,752▲ 16.5%
Other amounts payable47/48-€425,833€292,607€563,940€485,504▼ 13.9%
Line20212022202320242025Change
Profit (loss) for the period9904€431,055€441,917€316,752€363,195€416,445▲ 14.7%
+ Depreciation and write-downs630€18,535€22,068€24,940€33,944€36,749▲ 8.3%
Operating cash flow (approximation)€449,590€463,985€341,691€397,139€453,194▲ 14.1%
Investment in fixed assets (approximation)--€53,737-€56,113-€46,000-€2,681▲ 94.2%
Change in cash--€181,080-€311,880€248,521-€214,264▼ 186%

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 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
20-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
15-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial Equity above €500,000Eq €518,527 ▲4.9%
5 profitable years in a row build equity to €518,527.
2022
21-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial Highest result since 2019net €441,917 ▲2.5%
Net result €441,917, the highest in the series.
24-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
01-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
16-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are 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, Sankt Vith · 1 establishment unit since 2011
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.

Solvaystraße 44780 Sankt Vith
1 establishment unit
GDTEC
Solvaystraße 4, 4780 Sankt VithManufacture of machinery and equipment not elsewhere classified
since 20112.203.876.919

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 346 companies in sector 28990 we hold annual accounts for 278. 198 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
Founded26-10-2011
Fiscal year end30-06
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
46649Wholesale of other machinery and equipment
62100Computer programming
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0840678907
Also 9925:BE0840678907
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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