GMR-TECH
ActiveSummary
GMR-TECH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €19k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-22
Solvency59▼-3
Growth85=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.73 in 2024; short-term debt: 63.8% of total assets), but 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.3%
Return on assets
8.4%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-09-2026, 137 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 · 7 filingsDeviation from the deadline
2025
137 d late
2024
425 d late
2023
on the day
2022
5 d early
2021
114 d late
2020
23 d early
2019
1090 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€667k▼ 5.6%
2021 · €706k
2019: €223k
2020: €459k
2021: €706k
2019 → 2022
EBIT margin
7.0%▲ 0.1pp
2021 · 6.9%
2019: 10.6%
2020: 4.5%
2021: 6.9%
2019 → 2022
Net result
€19k▼ 61.4%
2024 · €50k
2019: €12k
2020: €11k
2021: €33k
2022: €28k
2023: €-90k
2024: €50k
2019 → 2025
Working capital
€82k▲ 23.5%
2024 · €66k
2019: €11k
2020: €-6k
2021: €46k
2022: €80k
2023: €4k
2024: €66k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€706k-€667k▼ 5.6%
Equity€71k-€99k▲ 39.3%€9k▼ 90.5%€59k▲ 530%€78k▲ 32.5%
Operating result€49k-€46k▼ 4.6%€-82k€56k€51k▼ 8.6%
Net result€33k-€28k▼ 15.3%€-90k€50k€19k▼ 61.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€1k ▼ 77.2%
Current assets
€227k ▲ 44.9%
Equity and liabilities €228k
Equity
€78k ▲ 32.5%
Debt
€150k ▲ 46.3%
Debt's share of the balance-sheet total rises from 63.4% to 65.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▼
2024 · €76k
Cash flow
€21k▼
2024 · €70k
Current ratio
1.56▼
2024 · 1.73
Debt to equity
1.92▲
2024 · 1.74
ROE
24.5%▼
2024 · 84.1%
ROA
8.4%▼
2024 · 30.8%
Interest coverage
5.82▼
2024 · 16.64
Debt ≤ 1 year
€146k▲
2024 · €91k
Debt > 1 year
€4k▼
2024 · €12k
Income taxes
€28k▲
2024 · €1k
Staff costs
€29k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€162k€228k▲
Fixed assets21/28€5k€1k▼
Tangible fixed assets22/27€5k€1k▼
Furniture and vehicles24€5k€1k▼
Current assets29/58€157k€227k▲
Amounts receivable within one year40/41€157k€227k▲
Trade receivables40€138k€207k▲
Other amounts receivable41€19k€21k▲
Equity and liabilities
Total equity and liabilities10/49€162k€228k▲
Equity10/15€59k€78k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€44k€63k▲
Amounts payable17/49€103k€150k▲
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€91k€146k▲
Current portion of amounts payable after more than one year42€7k€7k▼
Financial debts43€22k€41k▲
Credit institutions430/8€22k€41k▲
Trade debts44€60k€65k▲
Suppliers440/4€54k€34k▼
Bills of exchange payable441€5k€31k▲
Taxes, remuneration and social security45€1k€33k▲
Taxes450/3€1k€29k▲
Remuneration and social security454/9€52€4k▲
Other amounts payable47/48€145€145=
Income statement
Code20242025
Remuneration, social security and pensions62€4k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€2k▼
Other operating charges640/8€2k€6k▲
Gross operating margin9900€82k€88k▲
Operating profit (loss)9901€56k€51k▼
Financial income75/76B-€5k
Recurring financial income75-€1
Non-recurring financial income76B-€5k
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€51k€47k▼
Income taxes67/77€1k€28k▲
Profit (loss) for the period9904€50k€19k▼
Profit (loss) for the period to be appropriated9905€50k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€63k▲
Profit (loss) brought forward from the previous period14P€-6k€44k▲
The notes to these accounts (8 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
14-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 137 days late
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 425 days late
2024
30-09
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-90k ▼421%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
25-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1090 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zottegem · 1 establishment unit since 2018
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.
Provinciebaan 2699620 ZottegemGround area
1,703 m²
Building footprint
267 m²
Volume, LiDAR
1,773 m³
2 parcels, Brussels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GMR-TECH
since 20182.316.041.680
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41069B1442/00E000 | Flanders | 1,631 m² | 1 · 200 m² | 7.4 m · 2 fl. |
| 21464D0104/00L002 | Brussels | 71 m² | 1 · 66 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0739.581.745
Pajottegem · Eq €78,247
AS RENOVE
BE 0506.816.882
Sint-Agatha-Berchem · Eq €78,363
Fero Tech
BE 0799.728.475
Lochristi · Eq €78,192
AllanaBati
BE 0649.643.642
Ganshoren · Eq €78,175
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2018
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.