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GT ELECTRONICS

Active Private limited companyfounded 1999active for 26 yearsBruulstraat 26, 2235 HulshoutKBO/BCE: BE 0468.777.046

Lifetime

17 annual accounts with figures on one time axis, 26 filings since 2000
peak €101,994 (2024)
€92,134▼ 9.7%
lowest -€2,181 (2020)
€50,847▲ 1.8%
peak €266,599 (2025)
€266,599▲ 23.6%
€76,135▼ 6.6%
Board2 names since 1999
1 directorGOYVAERTS THEO
Owners2 names in the annual accounts
  
Documentsfilings and deeds
13-05-202648 days before the deadline
2025micro format
Equity from €215,752 to €266,599

Key points

from the 2025 annual accounts

Equity

€266,599 ▲ 23.6%

GT ELECTRONICS has made a profit without a break since 2021.

Turnover

≈ €370,000 estimated

The micro format states no turnover.

Position in the sector

€50,847

Higher net result than 85% of companies in wholesale trade. Sector median €5,616 · 13,806 companies.

Checked score

98
Excellent
Financially stronger than 85% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+2equity 77.8% of total assets
92+3short-term debt 22.2% · cash 75.2%
87-3return on assets 14.8%

Score breakdown

lowers risk
Liquidity: current ratio 4.03, cash €257,588
Equity €266,599 (77.8% of total assets)
Founded in 1999
Size: total assets €342,734
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 91% on liquidity, 82% on profitability and 78% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-11-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as GT ELECTRONICS has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GT ELECTRONICS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for GT ELECTRONICS. 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

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.03 (3.07 in 2024), above the usual 1.5. Short-term debt is 22.2% and cash 75.2% of total assets. 22.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.03, cash €257,588
NBB · annual accounts
lowers risk · Equity €266,599 (77.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €342,734
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 13-05-2026, 48 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
48 days early
2024
6 days early
2023
54 days early
2022
3 days late
2021
55 days early
2020
57 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 13 May (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GT
GOYVAERTS THEO
Director, since 01-12-1999
  • THEO GOYVAERTS 98%annual accounts 30-11-2017
  • ALFONS LAURENS 2%annual accounts 30-11-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0468777046
Appointment: GOYVAERTS Theofiel (director) General meeting of 22-12-2022 · Gazette deed
First establishment Bruulstraat 26, Hulshout
Incorporation published on 05-01-2000 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
GT ELECTRONICS Hulshout €342,734 €92,134 77.8% -
GHEURY Ohey €277,747 €107,921 -27.8% -
ACDC DISTRIBUTION Amay €375,616 €81,908 35.4% -
AURIS Leuven €392,214 €112,778 36.3% -
KOELTECHNIEK VERHEYEN Ranst €260,276 €75,635 62.8% -
PBuedts Antwerp €484,281 €58,900 79.8% -
LEROY Buggenhout €480,678 €101,630 47.1% -

These companies have the same main activity as GT ELECTRONICS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €260,000 and €484,000, founded between 1997 and 2002.

Official details

Source: KBO
Status
Active since 23-12-1999Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 2 others
Establishment unit
2.099.319.4312235 Hulshout, since 27-01-2000
Financial year end
30 November
Peppol
Reachable since 16-12-2025
Company details

Annual accounts to 30-11-2025

€342,734▲ 15.3%
Filing
Filed on 13-05-2026, 48 days before the end of the filing period
Financials

Insights on GT ELECTRONICS

GT ELECTRONICS files the micro format. That format states no turnover. The gross margin rose from €19,474 in 2009 to €92,134 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 GT ELECTRONICS

What is the company number of GT ELECTRONICS?
The company number of GT ELECTRONICS is 0468.777.046. The VAT number is the same number with BE in front: BE 0468.777.046.
Where is GT ELECTRONICS based?
The registered office is at Bruulstraat 26, 2235 Hulshout.Company details
What does GT ELECTRONICS do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of GT ELECTRONICS?
GT ELECTRONICS is a private limited company (BV).
When was GT ELECTRONICS founded?
GT ELECTRONICS was founded on 23-12-1999.
Is GT ELECTRONICS still active?
Yes, GT ELECTRONICS is an active enterprise in the KBO register.
What is the turnover of GT ELECTRONICS?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €92,134 and 32 comparable companies (NACE 464). It probably lies between €200,000 and €500,000.Financials
Is GT ELECTRONICS profitable?
In financial year 2025, GT ELECTRONICS made a profit of €50,847.
Where can I find the annual accounts of GT ELECTRONICS?
GT ELECTRONICS filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GT ELECTRONICS due?
GT ELECTRONICS must file the annual accounts for financial year 2026 by 30-06-2027.Timeline

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