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GSTECH

Active Private limited companyfounded 2018active for 8 yearsGracht 36, 3600 GenkKBO/BCE: BE 0704.784.776

Lifetime

7 annual accounts with figures on one time axis
peak €33,695 (2023)
€6,957▼ 65.2%
lowest -€20,151 (2022)
€197▼ 98.4%
peak €26,953 (2023)
€20,747▲ 1.0%
€8,712▼ 81.0%
Board1 name since 2018
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €19,990 to €6,957Result from €12,196 to €197Debts from €45,804 to €8,712Cash from €12,540 to €6,721

Key points

from the 2025 annual accounts

Turnover

≈ €57,000 estimated

The accounts state no turnover.

Liquidity

3.20 was 1.40 in 2024

Short-term debts fell from €45,804 to €8,642.

Filings

7 annual accounts 6 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 133 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,047 companies had the same profile as GSTECH has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
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.

The companies in ten equal groups, from the lowest to the 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% 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 5,047 companies, not a prediction for GSTECH. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 18-09-2018
  • founderdeed of 21-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0704784776
Amendment of the articles · Legal-form change · Resignations & appointments General meeting of 29-12-2023 · Gazette deed
Incorporation Founding capital of €2,000, 100 shares · Founder: · Appointment: (manager) · published on 21-09-2018 · Gazette deed
First establishment Gracht 36, Genk
All 15 events

Comparable companies

same main activity, similar in size and age
Company
GSTECH Genk €29,459 €6,957 70.4% -
BATIMEN KN Meise €26,669 €6,673 68.7% -
VOLTAS Oostkamp €30,502 €5,364 81.9% -
Teneco Facilities Brussels €31,429 €5,221 73.3% -
GK TECHWORX Ravels €23,591 €5,925 21.7% -
STB FIBRE Liège €37,455 €8,214 53.6% -
IMDA PROJECTS Halle €24,288 €8,930 13.8% -

These companies have the same main activity as GSTECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €23,600 and €37,500, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 19-09-2018Normal situation
Activity
General electrical installation workNACE 43211and 3 others
Establishment unit
2.280.397.1503600 Genk, since 19-09-2018
Financial year end
31 December
Peppol
Reachable since 10-02-2026
Company details

Annual accounts 2025

€29,459▼ 55.6%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on GSTECH

GSTECH files the micro format. That format states no turnover. The gross margin fell from €13,856 in 2019 to €6,957 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 GSTECH

What is the company number of GSTECH?
The company number of GSTECH is 0704.784.776. The VAT number is the same number with BE in front: BE 0704.784.776.
Where is GSTECH based?
The registered office is at Gracht 36, 3600 Genk.Company details
What does GSTECH do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of GSTECH?
GSTECH is a private limited company (BV).
When was GSTECH founded?
GSTECH was founded on 19-09-2018.
Is GSTECH still active?
Yes, GSTECH is an active enterprise in the KBO register.
What is the turnover of GSTECH?
The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €6,957 and 97 comparable companies (NACE 43211). It probably lies between €38,000 and €120,000. It is a rough estimate.Financials
Is GSTECH profitable?
In financial year 2025, GSTECH made a profit of €197.
Where can I find the annual accounts of GSTECH?
GSTECH filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GSTECH due?
GSTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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