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GST Technology

Active
Private limited companyfounded 20179 yrs activeSteenweg Deinze 59A, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0672.570.680

GST Technology has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214k and a net result of €51k. Equity is growing by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 27054 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
96 / 100
Excellent▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.88 in 2024), and 42.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.1%
Return on assets
13.7%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
21 d late
2024
30 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
30 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
09-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€214k▲ 31.5%
2024 · €162k
2018: €28k 2019: €33k 2020: €33k 2021: €53k 2022: €65k 2023: €116k 2024: €162k
2018 → 2025
Total assets
€374k▲ 1.4%
2024 · €369k
2018: €261k 2019: €252k 2020: €108k 2021: €102k 2022: €143k 2023: €339k 2024: €369k
2018 → 2025
Net result
€51k▲ 10.2%
2024 · €47k
2018: €9k 2019: €5k 2020: €206 2021: €20k 2022: €12k 2023: €50k 2024: €47k
2018 → 2025
Working capital
€43k
2024 · €-22k
2018: €-26k 2019: €-24k 2020: €-20k 2021: €12k 2022: €34k 2023: €-10k 2024: €-22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€53k-€65k▲ 23.6%€116k▲ 77.0%€162k▲ 40.1%€214k▲ 31.5%
Operating result€29k-€19k▼ 32.5%€74k▲ 282%€69k▼ 6.0%€64k▼ 8.4%
Net result€20k-€12k▼ 36.8%€50k▲ 304%€47k▼ 7.8%€51k▲ 10.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €29k€29kNet result 2021: €20k€20kOperating result 2022: €19k€19kNet result 2022: €12k€12kOperating result 2023: €74k€74kNet result 2023: €50k€50kOperating result 2024: €69k€69kNet result 2024: €47k€47kOperating result 2025: €64k€64kNet result 2025: €51k€51k20212022202320242025
The operating result has fallen two years in a row; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374k
Fixed assets €183k▼ 10.4%
Current assets €191k▲ 16.0%
Equity and liabilities €374k
Equity €214k▲ 31.5%
Debt €161k▼ 22.3%
The debt ratio falls from 56.0% to 42.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€123k
2024 · €137k
Cash flow
€111k
2024 · €114k
Solvency
57.1%
2024 · 44.0%
Current ratio
1.29
2024 · 0.88
Quick ratio
1.29
2024 · 0.88
Debt / equity
0.75
2024 · 1.27
ROE
24.0%
2024 · 28.6%
ROA
13.7%
2024 · 12.6%
Interest coverage
29.33
2024 · 53.68
Debt
€161k
2024 · €207k
Debt ≤ 1 year
€148k
2024 · €187k
Debt > 1 year
€13k
2024 · €20k
Income taxes
€14k
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€369k€374k
Fixed assets21/28€205k€183k
Intangible fixed assets21€179k€164k
Tangible fixed assets22/27€26k€19k
Furniture and vehicles24€26k€19k
Current assets29/58€165k€191k
Amounts receivable within one year40/41€130k€156k
Trade receivables40€130k€134k
Other amounts receivable41€633€21k
Cash at bank and in hand54/58€35k€36k
Equity and liabilities
Total equity and liabilities10/49€369k€374k
Equity10/15€162k€214k
Contributions10/11€19k€19k=
Reserves13€129k€180k
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€127k€180k
Profit (loss) carried forward14€15k€15k
Amounts payable17/49€207k€161k
Amounts payable after more than one year17€20k€13k
Financial debts170/4€20k€13k
Amounts payable within one year42/48€187k€148k
Current portion of amounts payable after more than one year42€7k€7k
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€152k€134k
Suppliers440/4€152k€134k
Taxes, remuneration and social security45€8k€5k
Taxes450/3€8k€5k
Other amounts payable47/48€7k€2k
Income statement Code20242025
Non-recurring operating income76A-€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€60k
Other operating charges640/8€829€841
Gross operating margin9900€138k€124k
Operating profit (loss)9901€69k€64k
Financial income75/76B€2k€6k
Recurring financial income75€2k€6k
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€69k€66k
Income taxes67/77€22k€14k
Profit (loss) for the period9904€47k€51k
Profit (loss) for the period to be appropriated9905€47k€51k
Appropriation of the result
Profit (loss) to be appropriated9906€61k€66k
Profit (loss) brought forward from the previous period14P€14k€15k
Transfer to equity691/2€46k€51k
To other reserves6921€46k€51k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
21-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
30-09
Financial Highest result since 2018net €51k ▲10.2%
Net result €51k, the highest in the series.
30-09
Financial Equity above €200kEq €214k ▲31.5%
8 profitable years in a row build equity to €214k.
30-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
Financial Equity above €150kEq €162k ▲40.1%
7 profitable years in a row build equity to €162k.
31-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial Equity above €100kEq €116k ▲77%
6 profitable years in a row build equity to €116k.
31-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial Weakest financial yearnet €206 ▼95.9%
Net result drops to €206, the lowest in the series; recovery starts the following year.
30-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
24-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-10-2019 Resigned as Manager
Not every act has been read: a resignation may be missing here
5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2017
exact location from the address register On OpenStreetMap
Ground area
2,131 m²
Building footprint
324 m²
Volume, LiDAR
1,412 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OSIRIS-SECURITY
Steenweg Deinze 59, 9810 NazarethNon-specialised wholesale trade
since 20172.274.507.765
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44048B0311/00Z005 Flanders 1,208 m² 1 · 197 m² 8.2 m · 1 fl.
44048B0311/00Y005 Flanders 923 m² 1 · 127 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

4 connected companies

Similar companies · same sector, comparable size

Of 22,722 companies in sector 43211 we hold annual accounts for 10,268. 8,122 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-03-2017
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.