GG TECHNICS
ActiveGG TECHNICS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-92k) and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+93
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.14 against 1.31 in 2024; short-term debt: 45.7% and cash: 1.1% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
-58.9%
Return on assets
19.2%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 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 filingsDeviation from the deadline
2025
34 d late
2024
28 d late
2023
61 d late
2022
31 d late
2021
122 d late
2020
72 d late
2019
101 d late
← 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-92k▲ 24.6%
2024 · €-122k
2018: €29k
2019: €41k
2020: €42k
2021: €15k
2022: €29k
2023: €13k
2024: €-122k
2018 → 2025
Total assets
€156k▲ 31.5%
2024 · €119k
2018: €186k
2019: €209k
2020: €400k
2021: €448k
2022: €382k
2023: €353k
2024: €119k
2018 → 2025
Net result
€30k
2024 · €-135k
2018: €14k
2019: €12k
2020: €568
2021: €-26k
2022: €1k
2023: €-16k
2024: €-135k
2018 → 2025
Working capital
€81k▲ 224%
2024 · €25k
2018: €94k
2019: €103k
2020: €95k
2021: €66k
2022: €120k
2023: €142k
2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€29k▲ 87.4%€13k▼ 54.4%€-122k€-92k▲ 24.6%
Operating result€-19k-€12k€-11k€-98k▼ 826%€31k
Net result€-26k-€1k€-16k€-135k▼ 761%€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €98k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€3k▼ 73.5%
Current assets
€153k▲ 44.0%
Key figures and ratios
EBITDA
€40k▲
2024 · €-88k
Cash flow
€39k▲
2024 · €-124k
Solvency
-58.9%▲
2024 · -102.8%
Current ratio
2.14▲
2024 · 1.31
Quick ratio
1.96▲
2024 · 1.09
Debt / equity
-2.70▼
2024 · -1.97
ROA
19.2%▲
2024 · -113.8%
Interest coverage
30.01▲
2024 · -2.37
Debt
€248k▲
2024 · €241k
Debt ≤ 1 year
€71k▼
2024 · €81k
Debt > 1 year
€158k▲
2024 · €141k
Income taxes
€0▼
2024 · €276
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€119k€156k▲
Fixed assets21/28€13k€3k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€13k€3k▼
Plant, machinery and equipment23€56€0▼
Furniture and vehicles24€13k€3k▼
Current assets29/58€106k€153k▲
Stocks and contracts in progress3€18k€13k▼
Stocks30/36€18k€13k▼
Amounts receivable within one year40/41€83k€138k▲
Trade receivables40€70k€124k▲
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€390-
Equity and liabilities
Total equity and liabilities10/49€119k€156k▲
Equity10/15€-122k€-92k▲
Contributions10/11€19k€19k=
Reserves13€35k€35k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-176k€-146k▲
Amounts payable17/49€241k€248k▲
Amounts payable after more than one year17€141k€158k▲
Financial debts170/4€10k-
Other amounts payable178/9€132k€158k▲
Amounts payable within one year42/48€81k€71k▼
Current portion of amounts payable after more than one year42€15k€7k▼
Trade debts44€63k€58k▼
Suppliers440/4€62k€56k▼
Bills of exchange payable441€1k€2k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Accrued charges and deferred income492/3€18k€18k=
Income statement
Code20242025
Non-recurring operating income76A-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8-€557
Non-recurring operating charges66A€305-
Gross operating margin9900€-87k€41k▲
Operating profit (loss)9901€-98k€31k▲
Financial income75/76B€606€589▼
Recurring financial income75€606€589▼
Financial charges65/66B€37k€1k▼
Recurring financial charges65€37k€1k▼
Profit (loss) for the period before taxes9903€-135k€30k▲
Income taxes67/77€276€0▼
Profit (loss) for the period9904€-135k€30k▲
Profit (loss) for the period to be appropriated9905€-135k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-176k€-146k▲
Profit (loss) brought forward from the previous period14P€-41k€-176k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-135k
Net result drops to €-135k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lebbeke · 1 establishment unit since 2019
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.
Kakemanstraat 609280 LebbekeGround area
253 m²
Building footprint
189 m²
Volume, LiDAR
1,010 m³
Parcel 42322C0664/00E003, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GG TECHNICS
since 20192.284.053.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0664/00E003 | Flanders | 253 m² | 1 · 189 m² | 6.5 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.
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 6,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-06-2012
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.