GTM
ActiveGTM has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €-49k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 39% of 4320 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
12
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33▼-25
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.71 in 2024), and 71.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
28.2%
Return on assets
-26.6%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€49k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
71 d late
2023
83 d late
2022
67 d late
2021
124 d late
2020
31 d late
2019
125 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▼ 48.5%
2024 · €102k
2018: €91k
2019: €59k
2020: €47k
2021: €53k
2022: €102k
2023: €140k
2024: €102k
2018 → 2025
Total assets
€186k▼ 23.4%
2024 · €243k
2018: €239k
2019: €147k
2020: €135k
2021: €126k
2022: €161k
2023: €240k
2024: €243k
2018 → 2025
Net result
€-49k▼ 29.9%
2024 · €-38k
2018: €-24k
2019: €-32k
2020: €-12k
2021: €7k
2022: €49k
2023: €38k
2024: €-38k
2018 → 2025
Working capital
€-111k▼ 168%
2024 · €-41k
2018: €70k
2019: €28k
2020: €-186
2021: €11k
2022: €36k
2023: €14k
2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€102k▲ 90.9%€140k▲ 37.0%€102k▼ 27.2%€52k▼ 48.5%
Operating result€-4k-€55k€56k▲ 1.2%€-37k€-47k▼ 26.5%
Net result€7k-€49k▲ 626%€38k▼ 22.3%€-38k€-49k▼ 29.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2025 against €37k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€164k▲ 14.3%
Current assets
€22k▼ 77.9%
Equity and liabilities €186k
Equity
€52k▼ 48.5%
Debt
€133k▼ 5.2%
The debt ratio rises from 58.0% to 71.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-18k▼
2024 · €-15k
Cash flow
€-21k▼
2024 · €-16k
Solvency
28.2%▼
2024 · 42.0%
Current ratio
0.16▼
2024 · 0.71
Quick ratio
0.16▼
2024 · 0.71
Debt / equity
2.54▲
2024 · 1.38
ROE
-94.3%▼
2024 · -37.4%
ROA
-26.6%▼
2024 · -15.7%
Interest coverage
-6.65▲
2024 · -15.09
Debt
€133k▼
2024 · €141k
Debt ≤ 1 year
€133k▼
2024 · €141k
Staff costs
€27k▼
2024 · €28k
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€243k€186k▼
Fixed assets21/28€143k€164k▲
Tangible fixed assets22/27€143k€164k▲
Land and buildings22€6k-
Plant, machinery and equipment23€28k€32k▲
Furniture and vehicles24€28k€55k▲
Other tangible fixed assets26€81k€76k▼
Current assets29/58€99k€22k▼
Amounts receivable within one year40/41€93k€14k▼
Trade receivables40€88k€14k▼
Other amounts receivable41€4k-
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€243k€186k▼
Equity10/15€102k€52k▼
Contributions10/11€19k€19k=
Reserves13€90k€87k▼
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Tax-exempt reserves132€1k€1k=
Distributable reserves133€86k€86k=
Profit (loss) carried forward14€-7k€-54k▼
Amounts payable17/49€141k€133k▼
Amounts payable within one year42/48€141k€133k▼
Financial debts43€5k€8k▲
Credit institutions430/8€5k€8k▲
Trade debts44€20k€12k▼
Suppliers440/4€20k€12k▼
Advances received on contracts in progress46€48k-
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€58k€108k▲
Accrued charges and deferred income492/3-€223
Income statement
Code20242025
Remuneration, social security and pensions62€28k€27k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€29k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€16k€13k▼
Operating profit (loss)9901€-37k€-47k▼
Financial income75/76B€3€188▲
Recurring financial income75€3€188▲
Financial charges65/66B€992€3k▲
Recurring financial charges65€992€3k▲
Profit (loss) for the period before taxes9903€-38k€-49k▼
Income taxes67/77€1-
Profit (loss) for the period9904€-38k€-49k▼
Profit (loss) for the period to be appropriated9905€-38k€-49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-57k▼
Profit (loss) brought forward from the previous period14P-€-7k
Transfer from equity791/2€31k€3k▼
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series.
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Highest result since 2018net €49k ▲626%
Net result €49k, the highest in the series.
31-12
Financial
Equity above €100kEq €102k ▲90.9%
2 profitable years in a row build equity to €102k.
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
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, Geel · 1 establishment unit since 1984
Ground area
1,597 m²
Building footprint
296 m²
Volume, LiDAR
1,793 m³
Parcel 13376G0508/00E000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Technische-Schoolstraat 50, 2440 Geel
since 19842.025.103.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13376G0508/00E000 | Flanders | 1,597 m² | 1 · 296 m² | 10.5 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.
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Of 6,626 companies in sector 49330 we hold annual accounts for 2,244. 1,830 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-1984
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.