Financials
- Financial year
- 2025
- Total assets
- €155,311
- Profit
- €90,659
- Solvency
- 59.8%
GST SERVICE
ActiveSummary
GST SERVICE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,826 and a net result of €90,659. Its solvency ranks better than 64% of 34,263 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€155,311total assets 2025
- Equity
- €92,826
- Profit
- €90,659
Turnover not published (micro format)
Structure
Accounts 56 days early
Why 89raises riskFounded in 2024Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.62, cash €85,442Equity €92,826 (59.8% of total assets)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 79% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency
85
equity 59.8% of total assets
Liquidity
81
short-term debt 40.2% · cash 55.0%
Profitability
100
return on assets 58.4%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.9%
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.3%▲ +0.3 percentage points vs 03-2026
05-2026: 2.4%▲ +0.1 percentage points vs 04-2026
06-2026: 2.7%▲ +0.3 percentage points vs 05-2026highest value
07-2026: 0.3%▼ -2.4 percentage points vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 1.62; short-term debt: 40.2% and cash: 55% of total assets), and 40.2% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 65% on solvency, 79% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 10-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 05-06-2026, 56 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
56 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 18-12-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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