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GTOF

Active
Private limited company (pre-2019)founded 200817 yrs activeNotelaarsstraat 245, 1000 Brussel, BelgiumKBO/BCE: BE 0806.778.001
Summary

The computed 12-month bankruptcy probability of GTOF is 2.6% (moderate). The 2024 annual accounts show negative equity (-€32,474) and a net result of €129,767. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 6718 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
GTOFActiveChecked score 47/100
Risk analysis ReportCompare

Overview

What they do
Freight transport by road
NACE 49410
1 site
How big
€527,768total assets 2024
Equity
-€32,474
Profit
€129,767
Turnover not published (abridged schema)
Financially healthy?
47 Fair Checked score 2024
Bankruptcy chance 12 m
2.6%
Who decides
Accounts 63 d overdue0 of 4 deeds read
Why 47- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
47 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+31
Solvency19▲+19
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 0.53 in 2023; short-term debt: 106.2% and cash: 14.2% of total assets), and equity is negative.
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Signals

Six 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
-6.2%
Return on assets
24.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6718 sector peers (2024).
NBB · sector comparison
Position among 6718 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 filings
Deviation from the deadline
2025
not confirmed
2024
69 d late
2023
240 d late
2022
501 d late
2021
642 d late
2020
473 d late
2019
217 d late
← 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 357 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Back to profitnet €129,767

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€32,474 View
  • Caution: Among the weakest 5% on equitysector median €33,656 · 6,727 companies -€32,474 View
  • Positive: Back in profit in 2024after -€706 in 2023 €129,767 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€527,768
Profit
€129,767
Solvency
-6.2%
Total assets▲ 112%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2017
  1. 08-10-2025Annual accounts filed
  2. 28-03-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Freight transport by roadNACE 49410
Founded
02-10-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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