GT Technics
ActiveThe computed 12-month bankruptcy probability of GT Technics is 2.3% (moderate). The 2025 annual accounts show equity of €131k and a net result of €-26k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 31% of 27711 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-45
Solvency55▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.68 against 3.72 in 2024; short-term debt: 8.7% and cash: 8.4% of total assets), but 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Sector 43
higher
← 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
29.8%
Return on assets
-5.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
27 d early
2021
27 d early
2020
1 d early
2019
62 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▼ 16.3%
2024 · €157k
2019: €53k
2020: €92k
2021: €127k
2022: €140k
2023: €134k
2024: €157k
2019 → 2025
Total assets
€440k▼ 11.3%
2024 · €496k
2019: €68k
2020: €480k
2021: €482k
2022: €488k
2023: €494k
2024: €496k
2019 → 2025
Net result
€-26k
2024 · €23k
2019: €49k
2020: €40k
2021: €35k
2022: €13k
2023: €-6k
2024: €23k
2019 → 2025
Working capital
€102k▼ 18.8%
2024 · €126k
2019: €32k
2020: €63k
2021: €90k
2022: €112k
2023: €96k
2024: €126k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€140k▲ 10.3%€134k▼ 4.6%€157k▲ 17.2%€131k▼ 16.3%
Operating result€48k-€24k▼ 50.7%€-1k€37k€-20k
Net result€35k-€13k▼ 62.1%€-6k€23k€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €37k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €440k
Fixed assets
€299k▼ 7.6%
Current assets
€140k▼ 18.4%
Equity and liabilities €440k
Equity
€131k▼ 16.3%
Debt
€308k▼ 9.0%
The debt ratio rises from 68.4% to 70.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €71k
Cash flow
€7k▼
2024 · €57k
Solvency
29.8%▼
2024 · 31.6%
Current ratio
3.68▼
2024 · 3.72
Quick ratio
2.92▼
2024 · 3.04
Debt / equity
2.35▲
2024 · 2.16
ROE
-19.5%▼
2024 · 14.7%
ROA
-5.8%▼
2024 · 4.6%
Interest coverage
2.23▼
2024 · 12.00
Debt
€308k▼
2024 · €339k
Debt ≤ 1 year
€38k▼
2024 · €46k
Debt > 1 year
€269k▼
2024 · €292k
Staff costs
€2k▲
2024 · €2k
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€496k€440k▼
Fixed assets21/28€324k€299k▼
Tangible fixed assets22/27€324k€299k▼
Land and buildings22€287k€268k▼
Plant, machinery and equipment23€11k€13k▲
Furniture and vehicles24€26k€17k▼
Current assets29/58€172k€140k▼
Stocks and contracts in progress3€31k€29k▼
Stocks30/36€31k€29k▼
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€8k€9k▲
Current investments50/53€40k€58k▲
Cash at bank and in hand54/58€84k€37k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€496k€440k▼
Equity10/15€157k€131k▼
Contributions10/11€4k€4k=
Reserves13€153k€153k=
Distributable reserves133€153k€153k=
Profit (loss) carried forward14-€-26k
Amounts payable17/49€339k€308k▼
Amounts payable after more than one year17€292k€269k▼
Financial debts170/4€292k€269k▼
Amounts payable within one year42/48€46k€38k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€9k-
Suppliers440/4€9k-
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€3k€3k=
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€10k€10k▲
Accrued charges and deferred income492/3€424€771▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€32k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€77k€18k▼
Operating profit (loss)9901€37k€-20k▼
Financial income75/76B€86€235▲
Recurring financial income75€86€235▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€31k€-26k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€23k€-26k▼
Profit (loss) for the period to be appropriated9905€23k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-26k▼
Profit (loss) brought forward from the previous period14P€-6k-
Transfer to equity691/2€17k-
To other reserves6921€17k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-26k ▼211%
Net result drops to €-26k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €150kEq €157k ▲17.2%
Equity rises from €134k to €157k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €127k ▲37.5%
3 profitable years in a row build equity to €127k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Hulshout · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heide 82235 HulshoutGround area
3,302 m²
Building footprint
260 m²
Volume, LiDAR
1,355 m³
Parcel 13050A0260/00D000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GT Technics
since 20192.296.389.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050A0260/00D000 | Flanders | 3,302 m² | 1 · 260 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 3 entries · 795 EUR awarded · 795 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 115 EUR | 115 EUR |
| 2024 | 1 | 314 EUR | 314 EUR |
| 2022 | 1 | 366 EUR | 366 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Bogaert & Cie
BE 0437.773.668
Knokke-Heist · Eq €131k
VDVS VERWARMING
BE 0888.618.681
Londerzeel · Eq €131k
BEYST
BE 0468.302.241
Laarne · Eq €131k
VLIEGEN RAF
BE 0447.814.851
Herk-de-Stad · Eq €131k
BERTELS DIETER
BE 0773.870.453
Tessenderlo-Ham · Eq €131k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,923 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2019
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46180Agents specialised in the wholesale of other particular products
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.