Skip to content

GK TECHWORX

Active
Private limited companyfounded 2019active for 7 yearsPeelsestraat 32, 2380 Ravels, BelgiumKBO/BCE: BE 0729.666.662
Summary

The computed 12-month bankruptcy probability of GK TECHWORX is 2.2% (moderate). The annual accounts of GK TECHWORX for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €5,124 and a net result of -€6,541. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 34,590 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€23,591total assets 2025
Equity
€5,124
Loss
-€6,541
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 11 days early1 of 3 deeds read
Why 51raises risk1 change of registered office in 24 monthsLoss of €6,541 (financial year 2025)lowers riskFigures for financial year 2025 (filed 20-07-2026)Size: total assets €23,591Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 47-6
equity 21.7% of total assets
Liquidity 21-27
short-term debt 67.7% · cash 5.7%
Profitability 0-100
return on assets -27.7%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.8%▲ +0.1 percentage points vs 04-2025 06-2025: 4.5%▲ +1.7 percentage points vs 05-2025highest value 07-2025: 1.7%▼ -2.8 percentage points vs 06-2025 08-2025: 1.7%● unchanged vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.5%▼ -0.2 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025lowest value 02-2026: 1.5%● unchanged vs 01-2026lowest value 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%▲ +0.3 percentage points vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.3 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
No publishable credit limit; credit 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 tight (current ratio 1.21, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 67.7% and cash: 5.7% of total assets), and 78.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 23% on solvency, 12% on liquidity, 4% on profitability and 8% on growth.

The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €6,541 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 20-07-2026)
NBB · annual accounts
lowers risk · Size: total assets €23,591
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 34590 sector peers (2025).
NBB · sector comparison
Position among 34590 sector peers
Solvency
better than 23%
← weakest strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
11 days early
2024
39 days early
2023
37 days early
2022
31 days late
2021
30 days late
2020
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Registered officeRegistered-office move

Key points

  • Caution: Among the weakest 13% on equitysector median €57,781 · 34,602 companies €5,124 View
  • Total assets 20256 financial years filed €23,591 View
  • Active since 2019founded 02-07-2019 7 years View

By topic

Financials

Financial year
2025
Total assets
€23,591
Loss
-€6,541
Solvency
21.7%
Total assets▼ 43.7%
Net result
20202025
Go to Financials

Timeline

Events
10
Since
2021
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 24-06-2024Annual accounts filed
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
02-07-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.