GT DYNAMICS
ActiveSummary
GT DYNAMICS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,404 and a net result of €7,493. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Computer programming
NACE 62100NACE 62010
1 site
How big
€80,730total assets 2024
- Equity
- €14,404
- Profit
- €7,493
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 1 deed read
Why 59- Annual accounts: weaker financial profile- Weak solvency vs sector- Filed more than 90 days late+ Lower-failure-rate sectorShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-20
Solvency43▲+9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 1.1 in 2023; short-term debt: 82.2% and cash: 15% of total assets), and 82.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.8%
Return on assets
9.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 20780 sector peers (2024).
NBB · sector comparisonPosition among 20780 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2026, 396 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
396 d late
2023
761 d late
2022
157 d late
2021
522 d late
2020
90 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 336 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €80,730Profit €7,493Solvency 17.8%Liquidity 1.17
Total assets
€80,730▲ 6.9%
2018 - 2024
Net result
€7,493▼ 83.5%
2018 - 2024
Equity
€14,404▲ 108%
2018 - 2024
Solvency
17.8%▲ 8.7pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€84,518€2,547€13,927▲ 447%€48,357▲ 247%€10,904▼ 77.5%
Net result-€85,917below the sector's middle half-€513below the sector's middle half▲ 99.4%€12,107within the sector's middle half€45,528within the sector's middle half▲ 276%€7,493within the sector's middle half▼ 83.5%
Equity-€50,211below the sector's middle half-€50,724below the sector's middle half▼ 1.0%-€38,617below the sector's middle half▲ 23.9%€6,912below the sector's middle half€14,404below the sector's middle half▲ 108%
Total assets€67,266below the sector's middle half▼ 60.7%€109,003within the sector's middle half▲ 62.0%€57,692below the sector's middle half▼ 47.1%€75,536within the sector's middle half▲ 30.9%€80,730within the sector's middle half▲ 6.9%
Debt€117,477▼ 13.4%€159,726▲ 36.0%€96,309▼ 39.7%€68,624▼ 28.7%€66,326▼ 3.3%
Working capital-€71,641below the sector's middle half▼ 1,235%-€64,524below the sector's middle half▲ 9.9%-€44,986below the sector's middle half▲ 30.3%€6,912below the sector's middle half€10,994below the sector's middle half▲ 59.1%
Solvency-74.6%below the sector's middle half▼ 95.5pp-46.5%below the sector's middle half▲ 28.1pp-66.9%below the sector's middle half▼ 20.4pp9.2%below the sector's middle half▲ 76.1pp17.8%below the sector's middle half▲ 8.7pp
Current ratio0.33below the sector's middle half▼ 0.620.59below the sector's middle half▲ 0.260.53below the sector's middle half▼ 0.071.10below the sector's middle half▲ 0.571.17below the sector's middle half▲ 0.07
Return on assets (ROA)-127.7%below the sector's middle half▼ 132.9pp-0.5%below the sector's middle half▲ 127.3pp21.0%within the sector's middle half▲ 21.5pp60.3%above the sector's middle half▲ 39.3pp9.3%within the sector's middle half▼ 51.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,730
Fixed assets
€3,411
Current assets
€77,319
Equity and liabilities €80,730
Equity
€14,404 ▲ 108%
Debt
€66,326 ▼ 3.3%
Debt's share of the balance-sheet total falls from 90.8% to 82.2%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€11,549▼
2023 · €55,557
Cash flow
€8,138▼
2023 · €52,728
Quick ratio
1.09▲
2023 · 0.95
Debt to equity
4.60▼
2023 · 9.93
ROE
52.0%▼
2023 · 658.7%
Interest coverage
18.47▼
2023 · 22.06
Debt ≤ 1 year
€66,326▼
2023 · €68,624
Income taxes
€2,797▲
2023 · €310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 5,053 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,489 | €13,266 | €7,432 | €7,200 | €646 | ▼ 91.0% |
| Other operating charges640/8 | - | €550 | €2,750 | - | €1,364 | - |
| Gross operating margin9900 | -€39,826 | €16,363 | €24,109 | €55,557 | €12,913 | ▼ 76.8% |
| Operating profit (loss)9901 | -€84,518 | €2,547 | €13,927 | €48,357 | €10,904 | ▼ 77.5% |
| Financial income75/76B | - | €32 | - | - | €12 | - |
| Recurring financial income75 | €694 | €32 | - | - | €12 | - |
| Financial charges65/66B | - | €1,484 | €1,385 | €2,518 | €625 | ▼ 75.2% |
| Recurring financial charges65 | €1,974 | €1,484 | €1,385 | €2,518 | €625 | ▼ 75.2% |
| Profit (loss) for the period before taxes9903 | -€85,798 | €1,095 | €12,542 | €45,838 | €10,290 | ▼ 77.6% |
| Income taxes67/77 | €119 | €1,608 | €435 | €310 | €2,797 | ▲ 803% |
| Profit (loss) for the period9904 | -€85,917 | -€513 | €12,107 | €45,528 | €7,493 | ▼ 83.5% |
| Profit (loss) for the period to be appropriated9905 | -€85,917 | -€513 | €12,107 | €45,528 | €7,493 | ▼ 83.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,266 | €109,003 | €57,692 | €75,536 | €80,730 | ▲ 6.9% |
| Fixed assets21/28 | €32,097 | €14,632 | €7,200 | - | €3,411 | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €27,897 | €14,632 | €7,200 | - | €3,411 | - |
| Plant, machinery and equipment23 | - | €232 | - | - | €3,411 | - |
| Furniture and vehicles24 | - | €14,400 | €7,200 | - | - | - |
| Financial fixed assets28 | €4,200 | - | - | - | - | - |
| Current assets29/58 | €35,169 | €94,371 | €50,492 | €75,536 | €77,319 | ▲ 2.4% |
| Stocks and contracts in progress3 | €21,124 | €18,506 | €15,896 | €10,286 | €5,306 | ▼ 48.4% |
| Stocks30/36 | - | €18,506 | €15,896 | €10,286 | €5,306 | ▼ 48.4% |
| Amounts receivable within one year40/41 | €12,095 | €74,161 | €8,090 | €57,698 | €59,882 | ▲ 3.8% |
| Trade receivables40 | - | €72,326 | €877 | €56,298 | €58,482 | ▲ 3.9% |
| Other amounts receivable41 | - | €1,835 | €7,213 | €1,400 | €1,400 | = |
| Cash at bank and in hand54/58 | €1,664 | €1,704 | €26,506 | €7,552 | €12,132 | ▲ 60.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,266 | €109,003 | €57,692 | €75,536 | €80,730 | ▲ 6.9% |
| Equity10/15 | -€50,211 | -€50,724 | -€38,617 | €6,912 | €14,404 | ▲ 108% |
| Contributions10/11 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€64,571 | -€65,084 | -€52,977 | -€7,448 | €44 | ▲ 101% |
| Amounts payable17/49 | €117,477 | €159,726 | €96,309 | €68,624 | €66,326 | ▼ 3.3% |
| Amounts payable after more than one year17 | €10,667 | €831 | €831 | - | - | - |
| Financial debts170/4 | - | €831 | €831 | - | - | - |
| Amounts payable within one year42/48 | €106,810 | €158,895 | €95,478 | €68,624 | €66,326 | ▼ 3.3% |
| Current portion of amounts payable after more than one year42 | - | €12,283 | €2,288 | - | - | - |
| Financial debts43 | - | €6 | - | - | - | - |
| Credit institutions430/8 | - | €6 | - | - | - | - |
| Trade debts44 | €5,096 | €50,956 | €538 | - | €30,997 | - |
| Suppliers440/4 | - | €50,956 | €538 | - | €30,997 | - |
| Advances received on contracts in progress46 | - | €4,308 | €4,308 | - | - | - |
| Taxes, remuneration and social security45 | - | €15,944 | €19,470 | €32,308 | €17,743 | ▼ 45.1% |
| Taxes450/3 | - | €15,944 | €19,470 | €30,144 | €17,743 | ▼ 41.1% |
| Remuneration and social security454/9 | - | - | - | €2,164 | - | - |
| Other amounts payable47/48 | - | €75,397 | €68,874 | €36,316 | €17,586 | ▼ 51.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€85,917 | -€513 | €12,107 | €45,528 | €7,493 | ▼ 83.5% |
| + Depreciation and write-downs630 | €29,489 | €13,266 | €7,432 | €7,200 | €646 | ▼ 91.0% |
| Operating cash flow (approximation) | -€56,428 | €12,753 | €19,539 | €52,728 | €8,138 | ▼ 84.6% |
| Investment in fixed assets (approximation) | - | €4,200 | €0 | - | - | - |
| Change in cash | - | €39 | €24,803 | -€18,955 | €4,580 | ▲ 124% |
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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Of 16,913 companies in this sector we hold annual accounts for 8,787. 5,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 31-08-2026
History
Acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 396 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 761 days late
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 157 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 522 days late
2023
31-12
Financial
Highest result since 2018net €45,528 ▲276%
Operating result €48,357, net result €45,528, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.53 to 1.10; short-term debt falls from €95,478 to €68,624.
2022
31-12
Financial
Back to profitnet €12,107
Net result €12,107 after 2 loss-making years.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet -€85,917
Net result drops to -€85,917, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 243 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company (pre-2019) · founded 26-10-2015Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47820Retail sale of motor vehicle parts and accessories
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0641902349
Also
9925:BE0641902349
Registered
28-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 2015
Ground area
1.2 ha
Building footprint
4,814 m²
Volume, LiDAR
35,851 m³
2 parcels, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GT DYNAMICS
since 2015unit no. 2.247.466.541
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0669/00D000 | Flanders | 1.0 ha | 1 · 4,582 m² | 8.7 m · 3 fl. |
| 13014F0059/00A000 | Flanders | 1,989 m² | 1 · 232 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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