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GT2

Active
Private limited companyfounded 201312 yrs activeGrote Thems 2, 8490 Jabbeke, BelgiumKBO/BCE: BE 0540.980.381

GT2 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.42M and a net result of €9k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 92 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2026
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability69▼-4
Solvency68▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.15 in 2025; short-term debt: 56% and cash: 0.4% of total assets), and 57.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2026
Solvency, return and age of the figures
Solvency
42.9%
Return on assets
0.2%
Age of the figures
6 mo
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 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-09-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
52 d early
2025
59 d early
2024
49 d early
2023
25 d early
2022
4 d early
2021
40 d early
2020
38 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-03-2027 close31-10-2027 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 2026, abbreviated schema

Equity
€2.42M▲ 0.4%
2025 · €2.41M
2019: €899k 2020: €1.17M 2021: €1.28M 2022: €1.26M 2023: €1.63M 2024: €2.23M 2025: €2.41M
2019 → 2026
Total assets
€5.64M▼ 1.0%
2025 · €5.70M
2019: €1.35M 2020: €1.38M 2021: €1.54M 2022: €1.40M 2023: €5.59M 2024: €6.55M 2025: €5.70M
2019 → 2026
Net result
€9k▼ 95.3%
2025 · €186k
2019: €185k 2020: €276k 2021: €177k 2022: €289k 2023: €366k 2024: €597k 2025: €186k
2019 → 2026
Working capital
€-2.73M▼ 3.2%
2025 · €-2.65M
2019: €-344k 2020: €-95k 2021: €-9k 2022: €-113k 2023: €-2.90M 2024: €-2.74M 2025: €-2.65M
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20222023202420252026Trend
Equity€1.26M-€1.63M▲ 28.9%€2.23M▲ 36.6%€2.41M▲ 8.4%€2.42M▲ 0.4%
Operating result€383k-€562k▲ 46.7%€800k▲ 42.3%€227k▼ 71.6%€7k▼ 96.9%
Net result€289k-€366k▲ 26.6%€597k▲ 63.4%€186k▼ 68.8%€9k▼ 95.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250k€500k€750kOperating result 2022: €383k€383kNet result 2022: €289k€289kOperating result 2023: €562k€562kNet result 2023: €366k€366kOperating result 2024: €800k€800kNet result 2024: €597k€597kOperating result 2025: €227k€227kNet result 2025: €186k€186kOperating result 2026: €7k€7kNet result 2026: €9k€9k20222023202420252026
The operating result has fallen two years in a row; 2026 is 97% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €5.64M
Fixed assets €5.22M▼ 0.4%
Current assets €425k▼ 8.2%
Equity and liabilities €5.64M
Equity €2.42M▲ 0.4%
Debt €3.22M▼ 2.0%
The debt ratio falls from 57.6% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€41k
2025 · €267k
Cash flow
€42k
2025 · €225k
Solvency
42.9%
2025 · 42.4%
Current ratio
0.13
2025 · 0.15
Quick ratio
0.13
2025 · 0.15
Debt / equity
1.33
2025 · 1.36
ROE
0.4%
2025 · 7.7%
ROA
0.2%
2025 · 3.3%
Interest coverage
10.43
2025 · 37.13
Debt
€3.22M
2025 · €3.29M
Debt ≤ 1 year
€3.16M
2025 · €3.11M
Debt > 1 year
€57k
2025 · €171k
Income taxes
€4k
2025 · €57k
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 · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€5.70M€5.64M
Fixed assets21/28€5.24M€5.22M
Tangible fixed assets22/27€265k€245k
Furniture and vehicles24€110k€87k
Other tangible fixed assets26€155k€158k
Financial fixed assets28€4.97M€4.97M=
Current assets29/58€462k€425k
Amounts receivable after more than one year29€305k€305k=
Other amounts receivable291€305k€305k=
Amounts receivable within one year40/41€61k€60k
Trade receivables40€25k€3k
Other amounts receivable41€36k€57k
Current investments50/53€0-
Cash at bank and in hand54/58€68k€21k
Deferred charges and accrued income490/1€29k€38k
Equity and liabilities
Total equity and liabilities10/49€5.70M€5.64M
Equity10/15€2.41M€2.42M
Contributions10/11€19k€19k=
Reserves13€2.40M€2.40M
Distributable reserves133€2.40M€2.40M
Profit (loss) carried forward14€289€105
Amounts payable17/49€3.29M€3.22M
Amounts payable after more than one year17€171k€57k
Financial debts170/4€171k€57k
Amounts payable within one year42/48€3.11M€3.16M
Current portion of amounts payable after more than one year42€114k€114k=
Trade debts44€3k€149k
Suppliers440/4€3k€149k
Taxes, remuneration and social security45€27k€5k
Taxes450/3€27k€5k
Other amounts payable47/48€2.97M€2.89M
Accrued charges and deferred income492/3€4k€4k=
Income statement Code20252026
Non-recurring operating income76A€17k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€34k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€4k€1k
Gross operating margin9900€273k€43k
Operating profit (loss)9901€227k€7k
Financial income75/76B€23k€9k
Recurring financial income75€23k€9k
Financial charges65/66B€7k€4k
Recurring financial charges65€7k€4k
Profit (loss) for the period before taxes9903€243k€12k
Income taxes67/77€57k€4k
Profit (loss) for the period9904€186k€9k
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€186k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€187k€9k
Profit (loss) brought forward from the previous period14P€842€289
Transfer to equity691/2€187k€9k
To other reserves6921€187k€9k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 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 2027, expected by 31-10-2027
2026
09-09
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial Weakest financial yearnet €9k ▼95.3%
Net result drops to €9k, the lowest in the series.
2025
02-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €597k ▲63.4%
Operating result €800k, net result €597k, both a record.
31-03
Financial Equity above €2MEq €2.23M ▲36.6%
6 profitable years in a row build equity to €2.23M.
2023
06-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Equity above €1MEq €1.17M ▲30.7%
2 profitable years in a row build equity to €1.17M.
2019
23-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated 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, Jabbeke · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Grote Thems 28490 Jabbeke
Ground area
4,360 m²
Building footprint
362 m²
Volume, LiDAR
1,900 m³
Parcel 31442C0708/00K000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GT2
Grote Thems 2, 8490 JabbekeAgents in non-specialised wholesale trade
since 20132.224.745.181
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31442C0708/00K000 Flanders 4,360 m² 1 · 362 m² 10.3 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 82,524 companies in sector 70200 we hold annual accounts for 52,566. 17,999 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-10-2013
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.