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GTS

Active
Public limited companyfounded 2017active for 9 yearsWeverijstraat 6, 7700 Mouscron, BelgiumKBO/BCE: BE 0674.915.706
Summary

GTS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208,350 and a net result of €8,529. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 31% of 4,581 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Business and other management consultancy
NACE 70200Engineering and related technical consultancy, excluding land surveyors NACE 71121
6th largest employer in Mouscron, Professional and technical services sector1 site
Size
€775,439total assets 2024
Staff
20.1 FTE
Equity
€208,350
Profit
€8,529
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
Clarebout NV
Auditor: KPMG Réviseurs d'EntreprisesAccounts 73 days overdue6 of 10 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 03-07-2025)Size: 20.1 FTE, total assets €775,439lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.38, cash €133,224Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 70, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 52-5
equity 26.9% of total assets
Liquidity 34-7
short-term debt 70.3% · cash 17.2%
Profitability 70-7
return on assets 1.1%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,512 companies, NACE 70, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €11,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.38, compared with 1.42 in 2023; short-term debt: 70.3% and cash: 17.2% of total assets), and 73.1% of the assets are financed with debt and provisions.
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 27% on solvency, 18% on liquidity, 58% on profitability and 50% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 03-07-2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.38, cash €133,224
NBB · annual accounts
raises risk · Size: 20.1 FTE, total assets €775,439
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
29 days early
2023
27 days late
2022
48 days early
2021
31 days late
2020
26 days late
2019
25 days 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 5 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articlesGeneral meeting
  2. Resignations & appointmentsPower of attorney
  3. Resignation: EY Réviseurs d'Entreprises SRL (statutory…Appointment: KPMG Réviseurs d'Entreprises SRL…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Board changedlatest change 19-12-2025 · 3 in office 4 joined · 1 left View
  • Positive: 6th largest employer in Mouscron, Professional and technical services sectorin the Checked rankings No. 6 View
  • Controlled by Clarebout NV parent View

By topic

Financials

Financial year
2024
Total assets
€775,439
Profit
€8,529
Solvency
26.9%
Total assets▲ 25.4%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
Clarebout NV
Auditor
KPMG Réviseurs d'Entreprises
  • Erik BrandenburgManaging director
  • Graham DugdaleManaging director
  • James AldermanManaging director
Go to Board & ownership

Timeline

Events
18
Since
2018
  1. 21-01-2026Appointment: Gert Masselus (managing director)
  2. 02-01-2026Amendment of the articles
  3. 11-12-2025Resignations: Jan Clarebout (director) and Gert Masselus…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
27-04-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 September to 31 August
Annual meeting
The first on 04-02-2027 at 09:00
Go to Articles of association

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