Investments
€17,082 3.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 41.8% higher than in 2024.
GP electronics
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1993peak €364,739 (2011)
€12,855▼ 86.6%
lowest -€90,956 (2016)
-€3,325▼ €33,270
peak €182,081 (2024)
€178,756▼ 1.8%
€259,349▼ 18.5%
peak 5.8 FTE (2013)
0.1 FTEunchanged
Board2 names since 1993
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €96,215 to €12,855Loss of €3,325Registered office moved from Leuven to Zottegem 30-01Debts from €318,119 to €259,349Investments €17,082Cash from €92,457 to €251,373
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as GP electronics has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,322 companies, not a prediction for GP electronics. 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.
Credit verdict
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Signals
Recent changes
Registered office moved from Leuven to Zottegem
New registered office: Provinciebaan 256, 9620 Zottegem · Previous registered office: Geldenaaksebaan 15, 3001 Leuven · Board meeting of 06-01-2025 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 19-07-2024 · Gazette deed
Appointment: (director)
General meeting of 08-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449855415
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GP electronics Zottegem | €438,105 | €12,855 | 40.8% | 0.1 |
| ATYS ELECTRONICS Jabbeke | €696,713 | €19,333 | 9.4% | 0.6 |
| ENVIRONMENT TECHNICAL SERVICES EUROPE Wommelgem | €658,381 | €5,684 | 36.1% | 0 |
| LASER MECHANISMS EUROPE Destelbergen | €857,695 | €22,193 | 82.7% | 0.7 |
| EXCECON Dendermonde | €320,536 | €21,708 | 37.6% | - |
| PROSEP Zaventem | €533,053 | €26,365 | 96.5% | 1 |
| PATRICK DECLERCK ELECTRONICS Gistel | €367,631 | €32,839 | 56.9% | 1 |
These companies have the same main activity as GP electronics: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €321,000 and €858,000, founded between 1980 and 2004.
Official details
Source: KBO- Status
- Active since 16-04-1993Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.061.799.0399620 Zottegem, since 26-04-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €150,000estimated
- €438,105▼ 12.4%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on GP electronics
GP electronics files the abbreviated format. That format states no turnover. The gross margin fell from €223,835 in 2007 to €12,855 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GP electronics
- What is the company number of GP electronics?
- The company number of GP electronics is 0449.855.415. The VAT number is the same number with BE in front: BE 0449.855.415.
- Where is GP electronics based?
- The registered office is at Provinciebaan 256, 9620 Zottegem.Company details
- What does GP electronics do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of GP electronics?
- GP electronics is a private limited company (BV).
- When was GP electronics founded?
- GP electronics was founded on 16-04-1993.
- Is GP electronics still active?
- Yes, GP electronics is an active enterprise in the KBO register.
- How many employees does GP electronics have?
- GP electronics had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GP electronics fall under?
- In its 2022 annual accounts, GP electronics states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GP electronics?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €12,855 and 133 comparable companies (NACE 46). It probably lies between €65,000 and €350,000. It is a rough estimate.
- Is GP electronics profitable?
- In financial year 2025, GP electronics made a loss of €3,325.
- Where can I find the annual accounts of GP electronics?
- GP electronics filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GP electronics due?
- GP electronics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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