GT Tech
ActiveSummary
The computed 12-month bankruptcy probability of GT Tech is 3.2% (moderate). The 2025 annual accounts show negative equity (-€16,702) and a net result of €11,849. Its solvency ranks better than 5% of 28051 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth78
Track record82
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.32 in 2024; short-term debt: 167.7% and cash: 14.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more 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 2025Solvency, return and age of the figures
Solvency
-67.7%
Return on assets
48%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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 · 2 filingsDeviation from the deadline
2025
15 d late
2024
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€16,702▲ 41.5%
2024 · -€28,551
Total assets
€24,674▼ 33.2%
2024 · €36,915
Net result
€11,849
2024 · -€36,051
Working capital
-€27,320▲ 38.3%
2024 · -€44,243
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result-€35,974-€11,977
Net result-€36,051-€11,849
Equity-€28,551--€16,702▲ 41.5%
Total assets€36,915-€24,674▼ 33.2%
Debt€65,466-€41,376▼ 36.8%
Working capital-€44,243--€27,320▲ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11,977 after a loss of €35,974 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,674
Fixed assets
€10,618 ▼ 30.2%
Current assets
€14,056 ▼ 33.8%
Key figures and ratios
EBITDA
€16,801▲
2024 · -€30,925
Cash flow
€16,674▲
2024 · -€31,002
Solvency
-67.7%▲
2024 · -77.3%
Current ratio
0.34▲
2024 · 0.32
Debt to equity
-2.48▼
2024 · -2.29
ROA
48.0%▲
2024 · -97.7%
Interest coverage
126.78▲
2024 · -355.38
Debt ≤ 1 year
€41,376▼
2024 · €65,466
Staff costs
€379▼
2024 · €447
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,022 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
5.8%
went bankrupt
4.1%
stopped otherwise
89%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,022 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.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €447 | €379 | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,048 | €4,824 | ▼ 4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €34,108 | - | - |
| Other operating charges640/8 | €956 | €2,782 | ▲ 191% |
| Gross operating margin9900 | €4,585 | €19,962 | ▲ 335% |
| Operating profit (loss)9901 | -€35,974 | €11,977 | ▲ 133% |
| Financial income75/76B | €10 | €5 | ▼ 49.8% |
| Recurring financial income75 | €10 | €5 | ▼ 49.8% |
| Financial charges65/66B | €87 | €133 | ▲ 52.3% |
| Recurring financial charges65 | €87 | €133 | ▲ 52.3% |
| Profit (loss) for the period before taxes9903 | -€36,051 | €11,849 | ▲ 133% |
| Profit (loss) for the period9904 | -€36,051 | €11,849 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | -€36,051 | €11,849 | ▲ 133% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,915 | €24,674 | ▼ 33.2% |
| Formation expenses20 | €471 | €0 | ▼ 100% |
| Fixed assets21/28 | €15,221 | €10,618 | ▼ 30.2% |
| Tangible fixed assets22/27 | €14,971 | €10,618 | ▼ 29.1% |
| Plant, machinery and equipment23 | €1,268 | €716 | ▼ 43.5% |
| Furniture and vehicles24 | €13,703 | €9,902 | ▼ 27.7% |
| Financial fixed assets28 | €250 | - | - |
| Current assets29/58 | €21,223 | €14,056 | ▼ 33.8% |
| Amounts receivable within one year40/41 | €20,366 | €9,903 | ▼ 51.4% |
| Trade receivables40 | €13,671 | €5,388 | ▼ 60.6% |
| Other amounts receivable41 | €6,694 | €4,515 | ▼ 32.6% |
| Cash at bank and in hand54/58 | €857 | €3,468 | ▲ 305% |
| Deferred charges and accrued income490/1 | - | €685 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,915 | €24,674 | ▼ 33.2% |
| Equity10/15 | -€28,551 | -€16,702 | ▲ 41.5% |
| Contributions10/11 | €7,500 | €7,500 | = |
| Profit (loss) carried forward14 | -€36,051 | -€24,202 | ▲ 32.9% |
| Amounts payable17/49 | €65,466 | €41,376 | ▼ 36.8% |
| Amounts payable within one year42/48 | €65,466 | €41,376 | ▼ 36.8% |
| Trade debts44 | €31,624 | €1,367 | ▼ 95.7% |
| Suppliers440/4 | €31,624 | €1,367 | ▼ 95.7% |
| Advances received on contracts in progress46 | - | €2,703 | - |
| Taxes, remuneration and social security45 | €15,492 | - | - |
| Taxes450/3 | €3,103 | - | - |
| Remuneration and social security454/9 | €12,389 | - | - |
| Other amounts payable47/48 | €18,350 | €37,306 | ▲ 103% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€36,051 | €11,849 | ▲ 133% |
| + Depreciation and write-downs630 | €5,048 | €4,824 | ▼ 4.4% |
| Operating cash flow (approximation) | -€31,002 | €16,674 | ▲ 154% |
| Investment in fixed assets (approximation) | - | -€221 | - |
| Change in cash | - | €2,611 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
31-12
Financial
Back to profitnet €11,849
Net result €11,849 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
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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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2023
Ground area
924 m²
Building footprint
728 m²
Volume, LiDAR
5,616 m³
Parcel 72015B0486/00E000, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
GT Tech
since 20232.352.067.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015B0486/00E000 | Flanders | 924 m² | 1 · 728 m² | 15.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 96 EUR awarded · 96 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 96 EUR | 96 EUR |
Recognitions · licences · registrations
Recognised contractor
2 categoriesGT Tech BV44122
Similar companies · same sector and region
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C2 dak-en renovatieprojecten
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,574 companies in sector 43410 we hold annual accounts for 4,367. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Trade name NL
GT Dakwerken
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:1002364643
Also
9925:BE1002364643
Registered
27-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.