GorTech
ActiveThe computed 12-month bankruptcy probability of GorTech is 1.5% (moderate). The 2024 annual accounts show negative equity (€-8k) and a net result of €-14k. Its solvency ranks better than 5% of 20785 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-96
Solvency0▼-65
Growth32
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 1.66 in 2023; short-term debt: 174.4% and cash: 18% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-74.4%
Return on assets
-133.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-8k
2023 · €6k
2023: €6k
2023 → 2024
Total assets
€10k▼ 32.2%
2023 · €15k
2023: €15k
2023 → 2024
Net result
€-14k
2023 · €4k
2023: €4k
2023 → 2024
Working capital
€-9k
2023 · €6k
2023: €6k
2023 → 2024
Multi-year overview
Available amounts per fiscal year
Line20232024Trend
Equity€6k-€-8k
Operating result€5k-€-12k
Net result€4k-€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €5k in 2023.
Balance-sheet composition
Assets €10k
Fixed assets
€1k
Current assets
€9k
Key figures and ratios
EBITDA
€-12k
Cash flow
€-13k
Solvency
-74.4%▼
2023 · 39.8%
Current ratio
0.51▼
2023 · 1.66
Quick ratio
0.51▼
2023 · 1.66
Debt / equity
-2.34▼
2023 · 1.51
ROA
-133.1%▼
2023 · 23.2%
Interest coverage
-10.90
Debt
€18k▲
2023 · €9k
Debt ≤ 1 year
€18k▲
2023 · €9k
Income taxes
€187▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15k€10k▼
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Current assets29/58€15k€9k▼
Amounts receivable within one year40/41€9k€7k▼
Trade receivables40€4k€6k▲
Other amounts receivable41€4k€946▼
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€555€556▲
Equity and liabilities
Total equity and liabilities10/49€15k€10k▼
Equity10/15€6k€-8k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€4k€-10k▼
Amounts payable17/49€9k€18k▲
Amounts payable within one year42/48€9k€18k▲
Trade debts44€695€3k▲
Suppliers440/4€695€3k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Other amounts payable47/48€3k€14k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€499
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€6k▼
Gross operating margin9900€22k€-6k▼
Operating profit (loss)9901€5k€-12k▼
Financial charges65/66B€298€1k▲
Recurring financial charges65€298€1k▲
Profit (loss) for the period before taxes9903€5k€-13k▼
Income taxes67/77€1k€187▼
Profit (loss) for the period9904€4k€-14k▼
Profit (loss) for the period to be appropriated9905€4k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-10k▼
Profit (loss) brought forward from the previous period14P-€4k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Ath · 1 establishment unit since 2023
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.
Rue Hennepin 117800 AthGround area
330 m²
Building footprint
239 m²
Volume, LiDAR
2,205 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GorTech
since 20232.348.328.032
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004D0133/00Z000 | Wallonia | 230 m² | 1 · 164 m² | 11.0 m · 3 fl. |
| 51004D0133/00M000 | Wallonia | 101 m² | 1 · 74 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,918 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:damien@gortech.be
Phone:+32497025498