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GTM GROUP

Active
Private limited companyfounded 20178 years activeLouis Lepoutrelaan 39, 1050 Elsene, BelgiumKBO/BCE: BE 0685.452.676
Summary

The computed 12-month bankruptcy probability of GTM GROUP is 2.3% (moderate). The 2024 annual accounts show equity of €1.1m and a net result of €234,547. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 37,960 sector peers (NACE 70, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€2.7mtotal assets 2024
Equity
€1.1m
Profit
€234,547
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 53- Liquidity: current ratio 0.43, cash €3,871- Figures for FY 2024 (filed 29-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 70, small)
Financial strength · tick = 2023
Strong
Solvency 66+9
equity 40.9% of total assets
Liquidity 21+7
short-term debt 57.1% · cash 0.1%
Profitability 80+1
return on assets 8.6%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,512 companies)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 0.6%▼ -0.3 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%▼ -0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 2.3%▲ +0.8 percentage points vs 09-2026highest value
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.37 in 2023; short-term debt: 57.1% and cash: 0.1% of total assets), and 59.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 39% on solvency, 9% on liquidity, 77% on profitability and 80% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.43, cash €3,871
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 29-08-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
30 days late
2022
31 days late
2021
9 days late
2020
4 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. General meeting · Director resignationPermanent representative · Board meeting
  3. Equity above €1mEq €1.1m ▲26.7%

Key points

  • Positive: Among the best 5% on net resultsector median €25,897 · 37,981 companies €234,547 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Equity rose in 2024from €880,066 to €1.1m ▲ 26.7% View

By topic

Financials

Fiscal year
2024
Total assets
€2.7m
Profit
€234,547
Solvency
40.9%
Total assets▲ 0.4%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2020
  1. 30-08-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
29-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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