Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €17,813 to €27,149.
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 62, micro). It does better than 34% of them on solvency, 51% on liquidity, 82% on profitability and 97% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as GorTech has now. Each dot stands for 99 companies, two years later.
The bankruptcy probability of GorTech itself is lower: 0.1% within 12 months. It rests on far more data about GorTech than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for GorTech. 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.
Liquidity is tight, with a current ratio of 1.46 (0.51 in 2024), below the usual 1.5. Short-term debt is 62.3% and cash 54.3% of total assets. 62.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 32 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| GorTech Ath | €43,581 | €30,117 | 37.7% | - |
| BoldBridge Cie Tubize | €42,992 | €33,227 | 56.1% | - |
| Vulsteke Consulting Services Malle | €48,692 | €30,493 | 42.6% | - |
| NOVA-IT Group Evere | €42,695 | €26,957 | -59.5% | 0.6 |
| DRAGONE CONSULTING Lasne | €38,992 | €32,725 | 60.4% | - |
| Amc Legacy Sint-Pieters-Leeuw | €44,846 | €27,431 | 73.3% | - |
| Global Enterprise Solutions Peeters Lommel | €50,808 | €30,361 | 68.0% | - |
These companies have the same main activity as GorTech: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €39,000 and €50,800, founded in 2023.
GorTech files the micro format. That format states no turnover. The gross margin rose from €21,954 in 2023 to €30,117 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €82,000 and €140,000.
Higher than 32% of 21,193 companies in 2025.
Higher than 32% of 20,556 companies in 2025.
Higher than 88% of 20,731 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
43,581 | 10,216 | 15,073 | |
21/28 |
4,051 | 1,172 | - | |
22/27 |
4,051 | 1,172 | - | |
24 |
4,051 | 1,172 | - | |
29/58 |
39,530 | 9,044 | 15,073 | |
40/41 |
15,311 | 6,646 | 8,764 | |
40 |
15,311 | 5,700 | 4,275 | |
41 |
- | 946 | 4,489 | |
54/58 |
23,663 | 1,843 | 5,754 | |
490/1 |
556 | 556 | 555 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
43,581 | 10,216 | 15,073 | |
10/15 |
16,432 | -7,597 | 6,002 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
13,932 | -10,097 | 3,502 | |
17/49 |
27,149 | 17,813 | 9,071 | |
42/48 |
27,149 | 17,813 | 9,071 | |
44 |
4,619 | 2,719 | 695 | |
440/4 |
4,619 | 2,719 | 695 | |
45 |
8,674 | 1,241 | 5,112 | |
450/3 |
8,674 | 1,241 | 5,112 | |
47/48 |
13,855 | 13,854 | 3,264 | |
| Income statement | ||||
9900 |
30,117 | -6,127 | 21,954 | |
630 |
792 | 499 | - | |
631/4 |
- | 5,700 | 17,100 | |
9901 |
29,325 | -12,327 | 4,854 | |
65/66B |
1,096 | 1,085 | 298 | |
65 |
1,096 | 1,085 | 298 | |
9903 |
28,229 | -13,412 | 4,556 | |
67/77 |
4,200 | 187 | 1,054 | |
9904 |
24,029 | -13,599 | 3,502 | |
9905 |
24,029 | -13,599 | 3,502 | |
| Appropriation of the result | ||||
9906 |
13,932 | -10,097 | 3,502 | |
14P |
-10,097 | 3,502 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 30,117 | -11,827 | - | ||
| 24,821 | -13,100 | - | ||
| 3,671 | 1,672 | - | ||
| 21,821 | -3,912 | - | ||
| 12,381 | -8,769 | 6,002 | ||
| 37.7% | -74.4% | 39.8% | ||
| 1.46 | 0.51 | 1.66 | ||
| 1.65 | - | 1.51 | ||
| 146.2% | - | 58.3% | ||
| 55.1% | -133.1% | 23.2% | ||
| 27.49 | -10.90 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,671 | €1,672 | - |
| €792 | €499 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €29,325, after a loss of €12,327 in 2024. It is the highest result since 2023.
Debt's share of the balance-sheet total is 62.3%.
GorTech has no parent and no holdings in its annual accounts. GORLIER Damien Luc Patrick is the only director. GorTech shares no director with another company.
| MidWhere
registered office since 04-09-2026 |
founded in 2026 1042.130.485 |
| Résidence HENNEPIN
registered office since 20-06-2006 |
founded in 2006 0882.468.188 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 4 August 2023, GorTech was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 GORLIER Damien Luc Patrick has served as director since 2023.3 Total assets went from €15,073 in 2023 to €43,581 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Rue Hennepin 11 registered office 7800 Ath | ||
| Rue Hennepin 13 7800 Ath | 04-08-2023 | 2.348.328.032 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 51004D0133/00Z000 | 230 m² | 1 · 164 m² | 11.0 m · 3 |
| 51004D0133/00M000 | 101 m² | 1 · 74 m² | 10.5 m · 3 |
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