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GP-Technics

Active
Private limited companyfounded 1992active for 34 yearsProvinciebaan(STA) 50, 8840 Staden, BelgiumKBO/BCE: BE 0447.296.692
Summary

GP-Technics has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,806 and a net result of €392. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 95% of 34,356 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00131299.

Equity
€96,806▲ 0.3%
2024 · €96,514
Total assets
€99,922▼ 8.6%
2024 · €109,265
Net result
€392▼ 97.1%
2024 · €13,378
Working capital
€95,774▲ 3.9%
2024 · €92,215
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €1,553 after €17,270 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,553 2025 Net result€392 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€31,015-€36,669▲ 18.2%€42,604▲ 16.2%€21,766▼ 48.9%€23,354▲ 7.3%€17,270▼ 26.0%-€1,553
Net result€28,562-€26,796above the sector's middle half▼ 6.2%€29,878above the sector's middle half▲ 11.5%€15,476within the sector's middle half▼ 48.2%€17,691within the sector's middle half▲ 14.3%€13,378within the sector's middle half▼ 24.4%€392within the sector's middle half▼ 97.1%
Equity€44,428-€71,224within the sector's middle half▲ 60.3%€101,103within the sector's middle half▲ 41.9%€116,578within the sector's middle half▲ 15.3%€83,135within the sector's middle half▼ 28.7%€96,514within the sector's middle half▲ 16.1%€96,806within the sector's middle half▲ 0.3%
Total assets€86,405-€90,045within the sector's middle half▲ 4.2%€121,382within the sector's middle half▲ 34.8%€129,542within the sector's middle half▲ 6.7%€157,229within the sector's middle half▲ 21.4%€109,265within the sector's middle half▼ 30.5%€99,922within the sector's middle half▼ 8.6%
Debt€41,977-€18,821▼ 55.2%€20,280▲ 7.8%€12,964▼ 36.1%€74,094▲ 472%€12,751▼ 82.8%€3,116▼ 75.6%
Working capital€41,605-€55,197within the sector's middle half▲ 32.7%€83,925within the sector's middle half▲ 52.0%€103,785above the sector's middle half▲ 23.7%€75,397within the sector's middle half▼ 27.4%€92,215above the sector's middle half▲ 22.3%€95,774above the sector's middle half▲ 3.9%
Solvency51.4%-79.1%above the sector's middle half▲ 27.7pp83.3%above the sector's middle half▲ 4.2pp90.0%above the sector's middle half▲ 6.7pp52.9%within the sector's middle half▼ 37.1pp88.3%above the sector's middle half▲ 35.5pp96.9%above the sector's middle half▲ 8.6pp
Current ratio2.02-3.93above the sector's middle half▲ 1.925.14above the sector's middle half▲ 1.219.01above the sector's middle half▲ 3.872.03within the sector's middle half▼ 6.988.23above the sector's middle half▲ 6.2031.73above the sector's middle half▲ 23.50
Return on assets (ROA)33.1%-29.8%above the sector's middle half▼ 3.3pp24.6%above the sector's middle half▼ 5.1pp11.9%within the sector's middle half▼ 12.7pp11.3%within the sector's middle half▼ 0.7pp12.2%within the sector's middle half▲ 1.0pp0.4%below the sector's middle half▼ 11.9pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,922
Fixed assets €1,032 ▼ 76.0%
Current assets €98,890 ▼ 5.8%
Equity and liabilities €99,922
Equity €96,806 ▲ 0.3%
Debt €3,116 ▼ 75.6%
Debt's share of the balance-sheet total falls from 11.7% to 3.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,713▼
2024 · €21,518
Cash flow
€3,658▼
2024 · €17,626
Debt to equity
0.03▼
2024 · 0.13
ROE
0.4%▼
2024 · 13.9%
Interest coverage
19.47▼
2024 · over 100
Debt ≤ 1 year
€3,116▼
2024 · €12,751
Income taxes
€1,096▼
2024 · €8,123
Staff costs
€6,535▲
2024 · €6,482
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,472 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% 1.0%
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 17,042 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 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,265€99,922▼
Fixed assets21/28€4,299€1,032▼
Tangible fixed assets22/27€4,299€1,032▼
Plant, machinery and equipment23€770€264▼
Furniture and vehicles24€3,528€769▼
Current assets29/58€104,966€98,890▼
Stocks and contracts in progress3€1,416-
Stocks30/36€1,416-
Amounts receivable within one year40/41€53,921€66,325▲
Trade receivables40-€933
Other amounts receivable41€53,921€65,393▲
Cash at bank and in hand54/58€48,757€31,704▼
Deferred charges and accrued income490/1€873€861▼
Equity and liabilities
Total equity and liabilities10/49€109,265€99,922▼
Equity10/15€96,514€96,806▲
Contributions10/11€18,592€18,592=
Contributions outside capital11€18,592€18,592=
Other1109/19€18,592€18,592=
Reserves13€77,922€78,214▲
Distributable reserves133€77,922€78,214▲
Amounts payable17/49€12,751€3,116▼
Amounts payable within one year42/48€12,751€3,116▼
Trade debts44€1,575€927▼
Suppliers440/4€1,575€927▼
Taxes, remuneration and social security45€11,176€2,089▼
Taxes450/3€11,176€2,089▼
Other amounts payable47/48-€100
Income statement Code20242025
Remuneration, social security and pensions62€6,482€6,535▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,248€3,266▼
Other operating charges640/8€1,181€2,219▲
Gross operating margin9900€29,181€10,467▼
Operating profit (loss)9901€17,270-€1,553▼
Financial income75/76B€4,335€3,129▼
Recurring financial income75€4,335€3,129▼
Financial charges65/66B€103€88▼
Recurring financial charges65€103€88▼
Profit (loss) for the period before taxes9903€21,502€1,488▼
Income taxes67/77€8,123€1,096▼
Profit (loss) for the period9904€13,378€392▼
Profit (loss) for the period to be appropriated9905€13,378€392▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,378€392▼
Transfer to equity691/2€13,378€292▼
To other reserves6921€13,378€292▼
Profit to be distributed694/7-€100
Directors or managers695-€100

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€5,923€6,098€6,387€6,482€6,535▲ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,552€2,512€4,599€5,160€4,248€4,248€3,266▼ 23.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€11,262---
Other operating charges640/8--€1,809€1,906€2,156€1,181€2,219▲ 87.9%
Gross operating margin9900€38,938€48,567€54,935€34,930€47,407€29,181€10,467▼ 64.1%
Operating profit (loss)9901€31,015€36,669€42,604€21,766€23,354€17,270-€1,553-
Financial income75/76B--€3,381€3,238€5,016€4,335€3,129▼ 27.8%
Recurring financial income75€831€2,205€3,381€3,238€5,016€4,335€3,129▼ 27.8%
Financial charges65/66B--€143€155€275€103€88▼ 14.9%
Recurring financial charges65€879€211€143€155€275€103€88▼ 14.9%
Profit (loss) for the period before taxes9903€30,966€38,664€45,841€24,849€28,095€21,502€1,488▼ 93.1%
Income taxes67/77€2,404€11,868€15,963€9,373€10,404€8,123€1,096▼ 86.5%
Profit (loss) for the period9904€28,562€26,796€29,878€15,476€17,691€13,378€392▼ 97.1%
Profit (loss) for the period to be appropriated9905€28,562€26,796€29,878€15,476€17,691€13,378€392▼ 97.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€86,405€90,045€121,382€129,542€157,229€109,265€99,922▼ 8.6%
Fixed assets21/28€3,827€16,027€17,178€12,794€8,546€4,299€1,032▼ 76.0%
Tangible fixed assets22/27€3,827€16,027€17,178€12,794€8,546€4,299€1,032▼ 76.0%
Plant, machinery and equipment23--€1,529€1,866€1,318€770€264▼ 65.8%
Furniture and vehicles24--€15,649€10,928€7,228€3,528€769▼ 78.2%
Current assets29/58€82,578€74,018€104,205€116,749€148,683€104,966€98,890▼ 5.8%
Stocks and contracts in progress3€5,209€5,904€7,500€4,923€1,100€1,416--
Stocks30/36--€7,500€4,923€1,100€1,416--
Amounts receivable within one year40/41€29,732€28,515€46,780€72,828€96,629€53,921€66,325▲ 23.0%
Trade receivables40--€1,011€10,059€7,450-€933-
Other amounts receivable41--€45,770€62,769€89,179€53,921€65,393▲ 21.3%
Cash at bank and in hand54/58€47,399€38,839€49,132€38,377€50,443€48,757€31,704▼ 35.0%
Deferred charges and accrued income490/1--€792€620€511€873€861▼ 1.4%
Equity and liabilities
Total equity and liabilities10/49€86,405€90,045€121,382€129,542€157,229€109,265€99,922▼ 8.6%
Equity10/15€44,428€71,224€101,103€116,578€83,135€96,514€96,806▲ 0.3%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Contributions outside capital11--€18,592€18,592€18,592€18,592€18,592=
Other1109/19--€18,592€18,592€18,592€18,592€18,592=
Reserves13€52,993€52,993€82,511€97,986€64,543€77,922€78,214▲ 0.4%
Non-distributable reserves130/1--€1,859€1,859€1,859---
Reserves not available under the articles1311--€1,859€1,859€1,859---
Distributable reserves133--€80,651€96,127€62,684€77,922€78,214▲ 0.4%
Profit (loss) carried forward14-€27,157-€361------
Amounts payable17/49€41,977€18,821€20,280€12,964€74,094€12,751€3,116▼ 75.6%
Amounts payable within one year42/48€40,973€18,821€20,280€12,964€73,287€12,751€3,116▼ 75.6%
Trade debts44€17,362€6,260€3,820€2,598€1,382€1,575€927▼ 41.1%
Suppliers440/4--€3,820€2,598€1,382€1,575€927▼ 41.1%
Taxes, remuneration and social security45--€16,460€10,366€20,770€11,176€2,089▼ 81.3%
Taxes450/3--€16,460€10,366€20,770€11,176€2,089▼ 81.3%
Other amounts payable47/48----€51,134-€100-
Accrued charges and deferred income492/3----€808---
Line2019202020212022202320242025Change
Profit (loss) for the period9904€28,562€26,796€29,878€15,476€17,691€13,378€392▼ 97.1%
+ Depreciation and write-downs630€2,552€2,512€4,599€5,160€4,248€4,248€3,266▼ 23.1%
Operating cash flow (approximation)€31,114€29,308€34,478€20,636€21,938€17,626€3,658▼ 79.2%
Investment in fixed assets (approximation)--€14,712-€5,750-€776€0€0€0-
Change in cash--€8,561€10,294-€10,755€12,066-€1,687-€17,052▼ 911%

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

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Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 28-05-2026 2026-00131299
30-09-2024 micro format 09-05-2025 2025-00092533
30-09-2023 micro format 30-04-2024 2024-00075774
30-09-2022 micro format 28-04-2023 2023-00070381
30-09-2021 micro format 30-04-2022 2022-20015004
30-09-2020 micro format 29-04-2021 2021-11700119
30-09-2019 micro format 30-06-2020 2020-22400466
30-09-2018 micro format 26-04-2019 2019-10600410
30-09-2017 micro format 30-04-2018 2018-11100205
29-09-2016 abbreviated format 27-04-2017 2017-09900319

Show all 33 filings

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