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GTek solutions

Active
Private limited companyfounded 20251 yr activeWoudstraat 25, 3600 Genk, BelgiumKBO/BCE: BE 1018.856.326
Summary

GTek solutions has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,387 and a net result of €25,387. Its solvency ranks better than 67% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency88
Growth-
Track record67
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.98; short-term debt: 37.4% and cash: 1% of total assets), and 37.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.6%
Return on assets
56%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 January 2025, GTek solutions was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,387
Total assets
€45,330
Net result
€25,387
Working capital
€16,530

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €45,330
Fixed assets €11,858
Current assets €33,473
Equity and liabilities €45,330
Equity €28,387
Debt €16,943
Debt finances 37.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€32,635
Cash flow
€26,139
Current ratio
1.98
Debt to equity
0.60
ROE
89.4%
ROA
56.0%
Debt ≤ 1 year
€16,943
Income taxes
€6,496

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€45,330
Fixed assets21/28€11,858
Tangible fixed assets22/27€6,458
Plant, machinery and equipment23€4,541
Furniture and vehicles24€1,916
Financial fixed assets28€5,400
Current assets29/58€33,473
Amounts receivable within one year40/41€33,035
Trade receivables40€32,993
Other amounts receivable41€42
Cash at bank and in hand54/58€437
Equity and liabilities
Total equity and liabilities10/49€45,330
Equity10/15€28,387
Contributions10/11€3,000
Reserves13€25,387
Distributable reserves133€25,387
Amounts payable17/49€16,943
Amounts payable within one year42/48€16,943
Trade debts44€6,324
Suppliers440/4€6,324
Taxes, remuneration and social security45€9,977
Taxes450/3€9,977
Other amounts payable47/48€643
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€752
Gross operating margin9900€32,635
Operating profit (loss)9901€31,883
Financial income75/76B€0
Recurring financial income75€0
Profit (loss) for the period before taxes9903€31,883
Income taxes67/77€6,496
Profit (loss) for the period9904€25,387
Profit (loss) for the period to be appropriated9905€25,387
Appropriation of the result
Profit (loss) to be appropriated9906€25,387
Transfer to equity691/2€25,387
To other reserves6921€25,387

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€752
Gross operating margin9900€32,635
Operating profit (loss)9901€31,883
Financial income75/76B€0
Recurring financial income75€0
Profit (loss) for the period before taxes9903€31,883
Income taxes67/77€6,496
Profit (loss) for the period9904€25,387
Profit (loss) for the period to be appropriated9905€25,387
Line2025
Assets
Total assets20/58€45,330
Fixed assets21/28€11,858
Tangible fixed assets22/27€6,458
Plant, machinery and equipment23€4,541
Furniture and vehicles24€1,916
Financial fixed assets28€5,400
Current assets29/58€33,473
Amounts receivable within one year40/41€33,035
Trade receivables40€32,993
Other amounts receivable41€42
Cash at bank and in hand54/58€437
Equity and liabilities
Total equity and liabilities10/49€45,330
Equity10/15€28,387
Contributions10/11€3,000
Reserves13€25,387
Distributable reserves133€25,387
Amounts payable17/49€16,943
Amounts payable within one year42/48€16,943
Trade debts44€6,324
Suppliers440/4€6,324
Taxes, remuneration and social security45€9,977
Taxes450/3€9,977
Other amounts payable47/48€643
Line2025
Profit (loss) for the period9904€25,387
+ Depreciation and write-downs630€752
Operating cash flow (approximation)€26,139

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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Timeline · acts, filings and financial milestones

2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Genk · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2.8 ha
Building footprint
3,226 m²
Volume, LiDAR
17,806 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GTek solutions
Vuurkruisenlaan 3, 3500 HasseltMachining of metals
since 20252.369.668.725
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0002/00H034 Flanders 2.8 ha 1 · 3,145 m² 7.2 m · 2 fl.
71328D0360/00G002 Flanders 279 m² 1 · 81 m² 10.9 m · 3 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 330 EUR awarded · 330 EUR paid
Year Entries awardedpaid
2025 1 330 EUR330 EUR
Schemes
1 entry · 330 EUR · 330 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 497 companies in sector 43223 we hold annual accounts for 115. 88 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43223Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018856326
Also 9925:BE1018856326
Registered 28-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.