GANTREX

Active

Private limited companyfounded 2009active for 17 yearsRue du Commerce 19, 1400 Nivelles, BelgiumKBO/BCE: BE 0817.646.553

Summary

GANTREX has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.4m and a net result of €5.0m. Equity is growing by about 23% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

GANTREXActiveChecked score 87/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28150

4th largest company by total assets in Walloon Brabant, Machinery and equipment sector3 sites

Size

€25.7mturnover 2025

Staff: 36 FTE
Equity: €15.4m
Profit: €5.0m

Financial health

87 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: HF HOLDING · 100%
Board: 5 members
Holdings: 7

Auditor: PwC Reviseurs d'Entreprises2025 accounts 70 days early5 of 18 deeds summarised

Why 87raises riskLiquidity: current ratio 1.61, cash €1.3mlowers riskFounded in 2009Figures for financial year 2025 (filed 26-05-2026)Size: turnover €25.7m, 36 FTE, total assets €41.8mShow the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 49% of its sector peers (NACE 28, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 62+10

equity 36.8% of total assets

Liquidity 48-1

short-term debt 19.2% · cash 3.2%

Profitability 54+9

return on assets 11.9%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)

Last 24 months 11-2024: 0.5%highest value 12-2024: 0.5%● unchanged vs 11-2024highest value 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.3 percentage points vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 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: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €1,300,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.61, compared with 1.43 in 2024, above the usual 1.5; short-term debt: 19.2% and cash: 3.2% of total assets), but 63.2% 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 28, small): better than 39% on solvency, 56% on liquidity, 31% on profitability and 70% on growth.

The bankruptcy probability was computed on 26-10-2026 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 riskraises riskneutral

Liquidity: current ratio 1.61, cash €1.3m

NBB · annual accounts

Founded in 2009

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 26-05-2026)

NBB · annual accounts

Size: turnover €25.7m, 36 FTE, total assets €41.8m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

70 days early

2024

71 days early

2023

41 days early

2022

68 days early

2021

44 days early

2020

46 days early

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-06-2026 Reappointments: Igetis Management srl (director) and…Permanent representative: Axel Boitel
22-05-2026 Annual accounts filedfinancial year 2025 · unclassified…
31-12-2025 Highest result from 2018 to 2025net €5.0m ▲49.7%

Key points

Positive: 4th largest company by total assets in Walloon Brabant, Machinery and equipment…in the Checked rankings No. 4 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €5.0m 8 years View
Controlled by HF HOLDINGultimately: GANTREX GROUP HOLDING 100% View
Positive: Result rose in 2025from €3.3m to €5.0m ▲ 49.7% View
Board changedlatest change 01-11-2025 · 5 in office 1 joined · 1 left View

By topic

Financials

Financial year: 2025
Turnover: €25.7m
Profit: €5.0m
Solvency: 36.8%

Turnover▼ 2.9%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members
Parent: HF HOLDING · 100%
Auditor: PwC Reviseurs d'Entreprises

9K CapitalDirector
InvesTuringDirector
JHL MANAGEMENTDirector
IGETIS MANAGEMENTDirector
Xavier DeedeneDirector

Go to Board & ownership

Network & group

Group: GANTREX GROUP HOLDING
Subsidiaries: 6
Direct holdings: 7
Connected companies: 1

7 holdings

Go to Network & group

Timeline

Events: 25
Since: 2010
Next accounts: by 31-07-2027

12-12-2025Resignation: Iterar SRL (director)
21-05-2025Annual accounts filed
31-12-2024Equity above €10m

Go to Timeline

Company details

Sites: 3

Legal form: Private limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28150
Founded: 31-07-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about GANTREX

What is the company number of GANTREX?: 0817.646.553. In Belgium the VAT number is the company number with BE in front: BE 0817.646.553.
Where is GANTREX based?: The registered office is at Rue du Commerce 19, 1400 Nivelles.Company details
What does GANTREX do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28150).
What is the legal form of GANTREX?: Private limited company (BV).
When was GANTREX founded?: On 31-07-2009.
Is GANTREX still active?: Yes, GANTREX is an active enterprise in the KBO register.
How many employees does GANTREX have?: On average 36 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GANTREX?: €25.7m in financial year 2025, according to the filed annual accounts.
Is GANTREX profitable?: In financial year 2025, GANTREX made a profit of €5.0m.
Where can I find the annual accounts of GANTREX?: GANTREX filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GANTREX due?: By 31-07-2027, for financial year 2026.Timeline