GP electronics
ActiveSummary
GP electronics has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €-3k. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-30
Solvency66▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.54 in 2024; short-term debt: 59.2% and cash: 57.4% of total assets), but 59.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
49 d early
2022
31 d late
2021
31 d late
2020
61 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€179k▼ 1.8%
2024 · €182k
2018: €-204k
2019: €-200k
2020: €-130k
2021: €-61k
2022: €36k
2023: €152k
2024: €182k
2018 → 2025
Total assets
€438k▼ 12.4%
2024 · €500k
2018: €381k
2019: €538k
2020: €273k
2021: €412k
2022: €566k
2023: €558k
2024: €500k
2018 → 2025
Net result
€-3k
2024 · €30k
2018: €-28k
2019: €4k
2020: €70k
2021: €69k
2022: €97k
2023: €116k
2024: €30k
2018 → 2025
Working capital
€158k▼ 8.8%
2024 · €173k
2018: €-171k
2019: €-206k
2020: €-137k
2021: €-64k
2022: €32k
2023: €145k
2024: €173k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-61k-€36k€152k▲ 323%€182k▲ 19.7%€179k▼ 1.8%
Operating result€83k-€148k▲ 77.6%€170k▲ 14.7%€55k▼ 67.5%€5k▼ 90.7%
Net result€69k-€97k▲ 40.6%€116k▲ 19.8%€30k▼ 74.2%€-3k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €438k
Fixed assets
€21k ▲ 131%
Current assets
€417k ▼ 15.1%
Equity and liabilities €438k
Equity
€179k ▼ 1.8%
Debt
€259k ▼ 18.5%
Debt's share of the balance-sheet total falls from 63.6% to 59.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €55k
Cash flow
€2k▼
2024 · €30k
Current ratio
1.61▲
2024 · 1.54
Quick ratio
1.36▲
2024 · 1.32
Debt to equity
1.45▼
2024 · 1.75
ROE
-1.9%▼
2024 · 16.4%
ROA
-0.8%▼
2024 · 6.0%
Interest coverage
1.19▼
2024 · 3.79
Debt ≤ 1 year
€259k▼
2024 · €318k
Staff costs
€710▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€500k€438k▼
Fixed assets21/28€9k€21k▲
Intangible fixed assets21-€10k
Tangible fixed assets22/27€6k€8k▲
Plant, machinery and equipment23€6k€8k▲
Financial fixed assets28€3k€3k=
Current assets29/58€491k€417k▼
Stocks and contracts in progress3€73k€65k▼
Stocks30/36€73k€65k▼
Amounts receivable within one year40/41€325k€101k▼
Trade receivables40€287k€86k▼
Other amounts receivable41€38k€15k▼
Cash at bank and in hand54/58€92k€251k▲
Deferred charges and accrued income490/1€778€89▼
Equity and liabilities
Total equity and liabilities10/49€500k€438k▼
Equity10/15€182k€179k▼
Contributions10/11€19k€19k=
Reserves13€163k€163k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€154k€154k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€318k€259k▼
Amounts payable within one year42/48€318k€259k▼
Current portion of amounts payable after more than one year42€150k€150k=
Trade debts44€166k€107k▼
Suppliers440/4€166k€107k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€84-
Other amounts payable47/48-€273
Income statement
Code20242025
Remuneration, social security and pensions62€24k€710▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€168€5k▲
Other operating charges640/8€17k€2k▼
Gross operating margin9900€96k€13k▼
Operating profit (loss)9901€55k€5k▼
Financial income75/76B€823€211▼
Recurring financial income75€823€211▼
Financial charges65/66B€15k€9k▼
Recurring financial charges65€15k€9k▼
Profit (loss) for the period before taxes9903€41k€-3k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€30k€-3k▼
Profit (loss) for the period to be appropriated9905€30k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-3k▼
Transfer to equity691/2€30k-
To other reserves6921€30k-
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €116k ▲19.8%
Operating result €170k, net result €116k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲323%
5 profitable years in a row build equity to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zottegem · 1 establishment unit since 1993
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.
Provinciebaan 2569620 ZottegemGround area
1,706 m²
Building footprint
209 m²
Volume, LiDAR
1,029 m³
Parcel 41069C0903/02B000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GP ELECTRONICS
since 19932.061.799.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41069C0903/02B000 | Flanders | 1,706 m² | 1 · 209 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E A C Laboratories
BE 0430.142.936
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ADBcomp
BE 0811.839.718
Buggenhout · Eq €179,405
ELICITY
BE 0800.200.906
Tessenderlo-Ham · Eq €181,040
ICOMS DETECTIONS
BE 0451.864.602
Ottignies-Louvain-la-Neuve · Eq €175,618
DISTRIVENT
BE 0557.947.463
Brecht · Eq €175,077
Of 1,247 companies in sector 46643 we hold annual accounts for 954. 669 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@gpelectronics.be