GTDS
ActiveSummary
GTDS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €15k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-9
Solvency39▼-61
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 4.35 in 2024; short-term debt: 31.8% and cash: 18.9% of total assets), but 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
6.8%
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 16% of 982 sector peers (2025).
NBB · sector comparisonPosition among 982 sector peers
Solvency
better than 16%
← weakest
strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
10 d early
2022
4 d early
2021
8 d early
2020
33 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 54.7%
2024 · €65k
2020: €21k
2021: €50k
2022: €64k
2023: €54k
2024: €65k
2020 → 2025
Total assets
€215k▲ 169%
2024 · €80k
2020: €36k
2021: €73k
2022: €97k
2023: €93k
2024: €80k
2020 → 2025
Net result
€15k▲ 30.0%
2024 · €11k
2020: €18k
2021: €30k
2022: €14k
2023: €11k
2024: €11k
2020 → 2025
Working capital
€67k▲ 34.4%
2024 · €50k
2020: €17k
2021: €47k
2022: €43k
2023: €44k
2024: €50k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€64k▲ 27.7%€54k▼ 16.3%€65k▲ 20.8%€30k▼ 54.7%
Operating result€39k-€19k▼ 50.9%€18k▼ 6.1%€16k▼ 10.1%€19k▲ 15.4%
Net result€30k-€14k▼ 53.1%€11k▼ 17.8%€11k▼ 2.5%€15k▲ 30.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€80k ▲ 416%
Current assets
€135k ▲ 110%
Equity and liabilities €215k
Equity
€30k ▼ 54.7%
Debt
€185k ▲ 1,152%
Debt's share of the balance-sheet total rises from 18.5% to 86.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €21k
Cash flow
€20k▲
2024 · €16k
Current ratio
1.98▼
2024 · 4.35
Quick ratio
1.96▼
2024 · 4.25
Debt to equity
6.28▲
2024 · 0.23
ROE
49.3%▲
2024 · 17.2%
ROA
6.8%▼
2024 · 14.0%
Interest coverage
14.67▼
2024 · 16.02
Debt ≤ 1 year
€68k▲
2024 · €15k
Debt > 1 year
€117k
Income taxes
€3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€80k€215k▲
Fixed assets21/28€15k€80k▲
Tangible fixed assets22/27€15k€80k▲
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€947-
Other tangible fixed assets26€5k€70k▲
Financial fixed assets28€250€250=
Current assets29/58€65k€135k▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€32k€89k▲
Trade receivables40€30k€21k▼
Other amounts receivable41€1k€69k▲
Cash at bank and in hand54/58€27k€41k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€80k€215k▲
Equity10/15€65k€30k▼
Contributions10/11€3k€3k=
Reserves13€63k€27k▼
Tax-exempt reserves132€962€2k▲
Distributable reserves133€62k€25k▼
Amounts payable17/49€15k€185k▲
Amounts payable after more than one year17-€117k
Financial debts170/4-€117k
Amounts payable within one year42/48€15k€68k▲
Current portion of amounts payable after more than one year42-€11k
Trade debts44€5k€16k▲
Suppliers440/4€5k€16k▲
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€1k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€996▼
Gross operating margin9900€22k€25k▲
Operating profit (loss)9901€16k€19k▲
Financial income75/76B€1€6▲
Recurring financial income75€1€6▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€15k€17k▲
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€11k€15k▲
Transfer to tax-exempt reserves689€962€1k▲
Profit (loss) for the period to be appropriated9905€10k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€14k▲
Transfer from equity791/2-€50k
Transfer to equity691/2€10k€14k▲
To other reserves6921€10k€14k▲
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (8 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼2.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.35
Current ratio from 2.13 to 4.35; short-term debt falls from €39k to €15k.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €30k ▲64.8%
Operating result €39k, net result €30k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Putte · 1 establishment unit since 2020
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.
Sikkelstraat 32580 PutteGround area
221 m²
Building footprint
126 m²
Volume, LiDAR
642 m³
Parcel 12029B0522/00D000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GTDS
since 20202.306.842.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B0522/00D000 | Flanders | 221 m² | 1 · 126 m² | 6.9 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
2025 · 1 entry · 675 EUR awarded · 675 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 675 EUR | 675 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,825 companies in sector 42220 we hold annual accounts for 958. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info.deschutter.toon@gmail.com