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GTS

Active
Private limited companyfounded 200520 yrs activeVogelsanck 13, 2970 Schilde, BelgiumKBO/BCE: BE 0877.814.366

GTS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 1502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +65 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency99▲+65
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 1.21 in 2024), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.3%
Return on assets
46.4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €17k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
27 d early
2023
22 d early
2022
31 d early
2021
2 d early
2020
3 d early
2019
7 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€17k▲ 291%
2024 · €4k
2018: €38k 2019: €14k 2020: €46k 2021: €31k 2022: €34k 2023: €11k 2024: €4k
2018 → 2025
Total assets
€28k▲ 37.2%
2024 · €20k
2018: €58k 2019: €68k 2020: €80k 2021: €62k 2022: €52k 2023: €21k 2024: €20k
2018 → 2025
Net result
€13k
2024 · €-7k
2018: €2k 2019: €-24k 2020: €32k 2021: €-15k 2022: €3k 2023: €-22k 2024: €-7k
2018 → 2025
Working capital
€17k▲ 409%
2024 · €3k
2018: €38k 2019: €-10k 2020: €24k 2021: €10k 2022: €20k 2023: €10k 2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€31k-€34k▲ 10.1%€11k▼ 66.1%€4k▼ 61.4%€17k▲ 291%
Operating result€-14k-€4k€-22k€-7k▲ 70.0%€15k
Net result€-15k-€3k€-22k€-7k▲ 68.4%€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2021: €-14k€-14kNet result 2021: €-15k€-15kOperating result 2022: €4k€4kNet result 2022: €3k€3kOperating result 2023: €-22k€-22kNet result 2023: €-22k€-22kOperating result 2024: €-7k€-7kNet result 2024: €-7k€-7kOperating result 2025: €15k€15kNet result 2025: €13k€13k20212022202320242025
The operating result returns to profit in 2025: €15k after a loss of €7k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets €731▼ 37.3%
Current assets €27k▲ 41.7%
Equity and liabilities €28k
Equity €17k▲ 291%
Debt €10k▼ 33.9%
The debt ratio falls from 78.1% to 37.7%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15k
2024 · €-6k
Cash flow
€13k
2024 · €-7k
Solvency
62.3%
2024 · 21.9%
Current ratio
2.59
2024 · 1.21
Quick ratio
2.59
2024 · 1.21
Debt / equity
0.60
2024 · 3.57
ROE
74.4%
2024 · -159.4%
ROA
46.4%
2024 · -34.9%
Interest coverage
12.17
2024 · -94.79
Debt
€10k
2024 · €16k
Debt ≤ 1 year
€10k
2024 · €16k
Income taxes
€540
2024 · €450
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€20k€28k
Fixed assets21/28€1k€731
Tangible fixed assets22/27€1k€731
Plant, machinery and equipment23€1k€731
Current assets29/58€19k€27k
Amounts receivable within one year40/41€19k€13k
Trade receivables40€19k€13k
Cash at bank and in hand54/58€340€14k
Equity and liabilities
Total equity and liabilities10/49€20k€28k
Equity10/15€4k€17k
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-33k€-20k
Amounts payable17/49€16k€10k
Amounts payable within one year42/48€16k€10k
Trade debts44€10k€5k
Suppliers440/4€10k€5k
Taxes, remuneration and social security45€4k€3k
Taxes450/3€4k€3k
Other amounts payable47/48€2k€2k
Income statement Code20242025
Non-recurring operating income76A-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435€435=
Other operating charges640/8€1k€2k
Gross operating margin9900€-5k€17k
Operating profit (loss)9901€-7k€15k
Financial charges65/66B€64€1k
Recurring financial charges65€64€1k
Profit (loss) for the period before taxes9903€-7k€13k
Income taxes67/77€450€540
Profit (loss) for the period9904€-7k€13k
Profit (loss) for the period to be appropriated9905€-7k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-20k
Profit (loss) brought forward from the previous period14P€-26k€-33k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €13k
Net result €13k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 2.59
Current ratio from 1.21 to 2.59; short-term debt falls from €16k to €10k.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.19
Current ratio from 0.67 to 2.19; short-term debt falls from €30k to €20k.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-24k ▼1485%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
Jessy Goossens
Director · since 28-12-2023
Current
28-12-2023 Appointed as Director
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2005
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vogelsanck 132970 Schilde
Ground area
5,381 m²
Building footprint
421 m²
Volume, LiDAR
2,465 m³
Parcel 11041C0229/00M000, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GTS
Vogelsanck 13, 2970 SchildeNACE 22140
since 20052.263.811.635
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11041C0229/00M000 Flanders 5,381 m² 1 · 420 m² 13.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 516 companies in sector 59114 we hold annual accounts for 243. 140 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-12-2005
Fiscal year end31-12
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
92340
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.