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GMT-Solution

Active
Private limited companyfounded 2025active for 1 yearRue Joseph Bovy 15, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 1021.175.616

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GMT-Solution is 2.6% (moderate). The 2025 annual accounts show negative equity (-€219) and a net result of -€3,279. Its solvency ranks better than 22% of 22,679 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 18-03-2025 Normal situation
Legal form
Private limited company
Registered office
Rue Joseph Bovy 15, 4053 Chaudfontaine
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 4 others
Establishment unit
2.372.040.968 4053 Chaudfontaine, since 18-03-2025
Financial year end
31 December
Peppol
Reachable since 01-12-2025

How it is doing

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
-€2,894
Loss
€3,279
Equity
-€219
Total assets
€17,150
Turnover not published (micro format)2025 accounts filed 28 days late
Filed on 28-08-2026at the National Bank
Why 49raises riskFounded in 2025Sector: Retail trade (NACE 47)Negative equity -€219lowers riskSize: total assets €17,150Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency 24
equity -1.3% of total assets
Liquidity 4
short-term debt 101.3% · cash 2.8%
Profitability 0
return on assets -19.1%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 04-2026: 1.8%lowest value 05-2026: 1.8%● unchanged vs 04-2026lowest value 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.3 percentage points vs 06-2026 08-2026: 2.3%▲ +0.1 percentage points vs 07-2026 09-2026: 2.4%▲ +0.1 percentage points vs 08-2026 10-2026: 2.6%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.99, below 1; short-term debt: 101.3% and cash: 2.8% of total assets), and equity is negative.
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 47, micro): better than 18% on solvency, 6% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €17,150
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity -€219
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00476834.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
28-08-2026
Format
micro format
Reference
2026-00476834
Equity
-€219
Total assets
€17,150
Net result
-€3,279
Working capital
-€219

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2025 value
Solvency
-1.3%
Current ratio
0.99
Quick ratio
0.25
ROA
-19.1%
Debt
€17,369
Debt ≤ 1 year
€17,369
Equity ratios withheld: equity of -€219 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,445 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 1,322 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 · 28 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 28-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€17,150
Current assets29/58€17,150
Stocks and contracts in progress3€12,810
Stocks30/36€12,810
Amounts receivable within one year40/41€3,856
Trade receivables40€600
Other amounts receivable41€3,256
Cash at bank and in hand54/58€484
Equity and liabilities
Total equity and liabilities10/49€17,150
Equity10/15-€219
Contributions10/11€3,060
Profit (loss) carried forward14-€3,279
Amounts payable17/49€17,369
Amounts payable within one year42/48€17,369
Trade debts44€667
Suppliers440/4€667
Other amounts payable47/48€16,702
Income statement Code2025
Other operating charges640/8€331
Gross operating margin9900-€2,894
Operating profit (loss)9901-€3,224
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€55
Recurring financial charges65€55
Profit (loss) for the period before taxes9903-€3,279
Profit (loss) for the period9904-€3,279
Profit (loss) for the period to be appropriated9905-€3,279
Appropriation of the result
Profit (loss) to be appropriated9906-€3,279

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Other operating charges640/8€331
Gross operating margin9900-€2,894
Operating profit (loss)9901-€3,224
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€55
Recurring financial charges65€55
Profit (loss) for the period before taxes9903-€3,279
Profit (loss) for the period9904-€3,279
Profit (loss) for the period to be appropriated9905-€3,279
Line2025
Assets
Total assets20/58€17,150
Current assets29/58€17,150
Stocks and contracts in progress3€12,810
Stocks30/36€12,810
Amounts receivable within one year40/41€3,856
Trade receivables40€600
Other amounts receivable41€3,256
Cash at bank and in hand54/58€484
Equity and liabilities
Total equity and liabilities10/49€17,150
Equity10/15-€219
Contributions10/11€3,060
Profit (loss) carried forward14-€3,279
Amounts payable17/49€17,369
Amounts payable within one year42/48€17,369
Trade debts44€667
Suppliers440/4€667
Other amounts payable47/48€16,702
Line2025
Profit (loss) for the period9904-€3,279
Operating cash flow (approximation)-€3,279

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00476834 NBB

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 10,459 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,372. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
MASQUELIER Gilles Francis Dominique
Director (not named in the articles) · appointed in the act of 20-03-2025 · in the 2025 annual accounts, filed on 28-08-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MASQUELIER Gilles Francis Dominique
  • Director (not named in the articles), appointed in the act of 20-03-2025, still in office
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“1, avec ou sans limitation,statutaire si nommés dans statuts”
1 more provision on this in the deed

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

Articles of association, deed of 20-03-2025 (in French)

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 20-03-2025 ↗
Capital over the years
  1. 20-03-2025 Incorporation · €3,000 · 100 shares

Shares according to the articles of association

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, usufruitier et nu-propriétaire inscrits séparément avec droits respectifs”
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs au prorata si plusieurs, héritiers et légataires non actionnaires de plein droit sollicitent agrément mêmes…”
Share issue ruleHow and by whom new shares can be issued.
“Courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique, au moins quinze jours à dater de l’ouverture”

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.

Other provision: “Litiges relatifs aux affaires de la société et à l'exécution des statuts, compétence judiciaire”
13 more provisions in the deed, see the deed of 20-03-2025

Articles of association, deed of 20-03-2025 (in French)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 18 March 2025, GMT-Solution was incorporated as a private limited company by three natural persons, with a starting capital of €3,000.12 MASQUELIER Gilles Francis Dominique is director of the company, appointed in the act of 20-03-2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-03-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filedNBB
financial year 2025 · micro format · 28 days late
2025
20-03
Gazette deed Incorporation
Appointment: MASQUELIER Gilles Francis Dominique (director) · Founder · Founding capital11 facts ▸
  • Founder, MASQUELIER Gilles Francis Dominique
  • Founder, BRAEMS Anne Emilienne Christiane
  • Founder, KITTEL Laurent Désiré Jean Eugène
  • Incorporation, 17-03-2025
  • Founding capital, €3,000
  • Other provision, “arrêté des statuts, statuts arrêtés” (deed in French)
  • Capital
  • Registered office clause, “4053 CHAUDFONTAINE, rue Joseph Bovy 15” (deed in French)
  • Board rule, 1
  • Director appointment, MASQUELIER Gilles Francis Dominique (director (not named in the articles))
  • Other provision, “formation costs and party statements”, 1300 (deed in French)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name GMT-Solution in French
Enterprise number 1021.175.616
Legal form Private limited company
Status Active, normale toestand
Founded 18-03-2025
Type Legal entity

Where it is based

Registered office Rue Joseph Bovy 15, 4053 Chaudfontaine, Belgium
Establishments 1 establishment unit since 2025

What it does

NACEBEL 2025
47811 Retail sale of cars and light vans (up to 3.5 tonnes) main activity
46180 Agents specialised in the wholesale of other particular products
85599 Other education
95316 Washing and cleaning of motor vehicles
95319 Other maintenance and repair of motor vehicles

Invoicing and payment

VAT number BE 1021.175.616
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1021175616
Also 9925:BE1021175616
Registered 01-12-2025

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

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GMT-SOLUTION
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à l'étranger par simple décision de l’organe…”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
15 June at 18:00

Articles of association, deed of 20-03-2025 (in French)

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
GMT-Solution
Rue Joseph Bovy 15, 4053 ChaudfontaineAgents specialised in the wholesale of other particular products
since 2025unit no. 2.372.040.968

Buildings and parcels at the address

Ground area
132 m²
Building footprint
163 m²
Building volume
845 m³
Parcel 62030A0453/00M003, Wallonia · tallest building 6.4 m.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62030A0453/00M003 Wallonia 132 m² 1 · 163 m² 6.3 m · 2