GTRCLEAN
ActiveSummary
The computed 12-month bankruptcy probability of GTRCLEAN is 2.3% (moderate). The 2024 annual accounts show equity of €151k and a net result of €-22k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 70% of 686 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-44
Solvency77▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.89 against 2.2 in 2023; short-term debt: 48.1% and cash: 1.1% of total assets), and 48.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
51.9%
Return on assets
-7.7%
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
181920212324
2018 to 2024 · latest year €-22k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
75 d late
2021
105 d late
2020
152 d late
2019
152 d late
2018
153 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-22k▲ 39.7%
2023 · €-37k
Working capital
€124k▼ 12.0%
2023 · €140k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result€121k▼ 8.4%€-13k€43k€-6k-€-21k▼ 233%
Net result€102k▼ 5.8%€-13k€42k€-37k-€-22k▲ 39.7%
Equity€193k▲ 63.6%€180k▼ 6.7%€207k▲ 15.2%€173k-€151k▼ 12.9%
Total assets€450k▲ 123%€395k▼ 12.3%€376k▼ 4.8%€290k-€290k▲ 0.1%
Debt€257k▲ 208%€215k▼ 16.5%€169k▼ 21.5%€117k-€140k▲ 19.4%
Working capital€146k▲ 34.8%€131k▼ 10.1%€166k▲ 26.5%€140k-€124k▼ 12.0%
Staff (FTE)2
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2024 against €6k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290k
Fixed assets
€27k ▼ 16.9%
Current assets
€263k ▲ 2.3%
Equity and liabilities €290k
Equity
€151k ▼ 12.9%
Debt
€140k ▲ 19.4%
Debt's share of the balance-sheet total rises from 40.3% to 48.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▼
2023 · €946
Cash flow
€-15k▲
2023 · €-30k
Current ratio
1.89▼
2023 · 2.20
Debt to equity
0.93▲
2023 · 0.68
ROE
-14.8%▲
2023 · -21.4%
ROA
-7.7%▲
2023 · -12.7%
Interest coverage
-85.65▼
2023 · 15.12
Debt ≤ 1 year
€140k▲
2023 · €117k
Income taxes
€666▼
2023 · €30k
Staff costs
€51k▲
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €11k | €26k | €51k | ▲ 95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €7k | €7k | €7k | €7k | = |
| Other operating charges640/8 | - | - | €1k | €1k | €2k | ▲ 41.8% |
| Non-recurring operating charges66A | - | - | €227 | - | - | - |
| Gross operating margin9900 | €169k | €4k | €63k | €28k | €39k | ▲ 36.3% |
| Operating profit (loss)9901 | €121k | €-13k | €43k | €-6k | €-21k | ▼ 233% |
| Financial charges65/66B | - | - | €315 | €63 | €164 | ▲ 162% |
| Recurring financial charges65 | €201 | €264 | €315 | €63 | €164 | ▲ 162% |
| Profit (loss) for the period before taxes9903 | €121k | €-13k | €43k | €-7k | €-22k | ▼ 232% |
| Income taxes67/77 | €19k | - | €240 | €30k | €666 | ▼ 97.8% |
| Profit (loss) for the period9904 | €102k | €-13k | €42k | €-37k | €-22k | ▲ 39.7% |
| Profit (loss) for the period to be appropriated9905 | €102k | €-13k | €42k | €-37k | €-22k | ▲ 39.7% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €450k | €395k | €376k | €290k | €290k | ▲ 0.1% |
| Fixed assets21/28 | €47k | €49k | €41k | €33k | €27k | ▼ 16.9% |
| Tangible fixed assets22/27 | €47k | €49k | €41k | €32k | €27k | ▼ 16.9% |
| Plant, machinery and equipment23 | - | - | €166 | €5k | €5k | ▲ 14.2% |
| Furniture and vehicles24 | - | - | €41k | €28k | €21k | ▼ 22.3% |
| Financial fixed assets28 | - | €118 | €118 | €118 | €118 | = |
| Current assets29/58 | €403k | €346k | €335k | €257k | €263k | ▲ 2.3% |
| Amounts receivable within one year40/41 | €392k | €329k | €326k | €249k | €260k | ▲ 4.5% |
| Trade receivables40 | - | - | €297k | €214k | €221k | ▲ 3.1% |
| Other amounts receivable41 | - | - | €30k | €35k | €40k | ▲ 13.3% |
| Cash at bank and in hand54/58 | €12k | €17k | €9k | €8k | €3k | ▼ 63.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €450k | €395k | €376k | €290k | €290k | ▲ 0.1% |
| Equity10/15 | €193k | €180k | €207k | €173k | €151k | ▼ 12.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | - | - | - | €6k | - |
| Issued capital100 | - | - | - | - | €6k | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €185k | €172k | €199k | €165k | €143k | ▼ 13.5% |
| Amounts payable17/49 | €257k | €215k | €169k | €117k | €140k | ▲ 19.4% |
| Amounts payable within one year42/48 | €257k | €215k | €169k | €117k | €140k | ▲ 19.4% |
| Trade debts44 | €210k | €191k | €147k | €117k | €137k | ▲ 17.3% |
| Suppliers440/4 | - | - | €147k | €117k | €137k | ▲ 17.3% |
| Taxes, remuneration and social security45 | - | - | €7k | - | €2k | - |
| Taxes450/3 | - | - | - | - | €2k | - |
| Remuneration and social security454/9 | - | - | €7k | - | - | - |
| Other amounts payable47/48 | - | - | €15k | - | - | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €102k | €-13k | €42k | €-37k | €-22k | ▲ 39.7% |
| + Depreciation and write-downs630 | €19k | €7k | €7k | €7k | €7k | = |
| Operating cash flow (approximation) | €121k | €-5k | €50k | €-30k | €-15k | ▲ 49.6% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | - | €-2k | - |
| Change in cash | - | €6k | €-9k | - | €-5k | - |
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
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 153 days late
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 75 days late
2023
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
2022
13-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 105 days late
2021
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Equity above €200kEq €207k ▲15.2%
Equity rises from €180k to €207k.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 152 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 152 days late
2019
31-12
Financial
Equity above €150kEq €193k ▲63.6%
2 profitable years in a row build equity to €193k.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 153 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 190 days late
2017
14-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 226 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Anderlecht · 1 establishment unit since 2014
Ground area
160 m²
Building footprint
109 m²
Volume, LiDAR
959 m³
2 parcels, Brussels · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
gtrclean
since 20142.243.063.335
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0029/00T003 | Brussels | 113 m² | 1 · 62 m² | 11.5 m · 3 fl. |
| 21302A0510/00V000 | Brussels | 47 m² | 1 · 47 m² | 13.0 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.
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Of 7,361 companies in sector 81210 we hold annual accounts for 2,732. 2,024 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
Founded05-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.