GTM
InactiveGTM was declared bankrupt on 12-05-2025 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 02-09-2025, published in the Belgian State Gazette on 05-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 1 filingDeviation from the deadline
2023
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-738
Total assets
€2k
Net result
€-2k
Working capital
€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Key figures and ratios
EBITDA
€-2k
Cash flow
€-2k
Interest coverage
-43.12
Debt
€3k
Debt ≤ 1 year
€2k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Filed annual accounts As filed with the NBB · 2023 · 27 lines
Balance sheet
Code2023
Assets
Total assets20/58€2k
Formation expenses20€1k
Current assets29/58€633
Amounts receivable within one year40/41€289
Other amounts receivable41€289
Cash at bank and in hand54/58€344
Equity and liabilities
Total equity and liabilities10/49€2k
Equity10/15€-738
Contributions10/11€3k
Profit (loss) carried forward14€-4k
Amounts payable17/49€3k
Amounts payable within one year42/48€2k
Trade debts44€2k
Suppliers440/4€2k
Other amounts payable47/48€515
Accrued charges and deferred income492/3€426
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359
Other operating charges640/8€384
Gross operating margin9900€-1k
Operating profit (loss)9901€-2k
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-4k
Profit (loss) brought forward from the previous period14P€-2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €359 |
| Other operating charges640/8 | €384 |
| Gross operating margin9900 | €-1k |
| Operating profit (loss)9901 | €-2k |
| Financial charges65/66B | €42 |
| Recurring financial charges65 | €42 |
| Profit (loss) for the period before taxes9903 | €-2k |
| Profit (loss) for the period9904 | €-2k |
| Profit (loss) for the period to be appropriated9905 | €-2k |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €2k | |
| Formation expenses20 | €1k | |
| Current assets29/58 | €633 | |
| Amounts receivable within one year40/41 | €289 | |
| Other amounts receivable41 | €289 | |
| Cash at bank and in hand54/58 | €344 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €2k | |
| Equity10/15 | €-738 | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €-4k | |
| Amounts payable17/49 | €3k | |
| Amounts payable within one year42/48 | €2k | |
| Trade debts44 | €2k | |
| Suppliers440/4 | €2k | |
| Other amounts payable47/48 | €515 | |
| Accrued charges and deferred income492/3 | €426 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €-2k |
| + Depreciation and write-downs630 | €359 |
| Operating cash flow (approximation) | €-2k |
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
2025
05-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 02-09-2025
19-05
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 12-05-2025
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
SignalNBB filing
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GHISLAIN ROYEN COTE DE HAGELSTEIN 23-25,
4880 AUBEL |
12-05-2025 → 02-09-2025 |