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GTV

Active
Private limited companyfounded 1999active for 26 yearsGentsesteenweg 125, 8530 Harelbeke, BelgiumKBO/BCE: BE 0468.749.035
Summary

GTV has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,618 and a net result of €203,932. Equity is growing by about 68% per year across the filed financial years. Its solvency ranks better than 33% of 120 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
GTVActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100Retail sale of information and communication equipment NACE 47400
3rd largest company by total assets in Harelbeke, Telecoms and IT sector1 site
Size
€1.7mtotal assets 2025
Staff
7.1 FTE
Equity
€317,618
Profit
€203,932
Turnover not published (abbreviated format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
STAYCO · 100%
  • STAYCODirector · permanent representative Juld Verbrugghe
2025 accounts 4 days early2 of 3 deeds summarised
Why 84raises riskSector: Telecommunications (NACE 61)Equity €317,618 (18.6% of total assets)lowers riskFounded in 1999Liquidity: current ratio 1.23, cash €477,494Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 61, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 44-48
equity 18.6% of total assets
Liquidity 40-46
short-term debt 81.1% · cash 27.9%
Profitability 84-16
return on assets 11.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (527 companies, NACE 61, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.23, compared with 3.03 in 2024, below the usual 1.5; short-term debt: 81.1% and cash: 27.9% of total assets), and 81.4% 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 61, micro): better than 31% on solvency, 38% on liquidity, 67% on profitability and 9% on growth.

The bankruptcy probability was computed on 24-10-2026 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
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Telecommunications (NACE 61)
KBO
lowers risk · Liquidity: current ratio 1.23, cash €477,494
NBB · annual accounts
raises risk · Equity €317,618 (18.6% of total assets)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
51 days early
2023
36 days early
2022
11 days early
2021
22 days late
2020
50 days early
2019
61 days late
← 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 10 days before the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · 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 20 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Amendment of the articles · Legal-form…Capital conversion · Transfer restriction…

Key points

  • Caution: Equity fell in 2025from €1.1m to €317,618 ▼ 71.5% View
  • Positive: 3rd largest company by total assets in Harelbeke, Telecoms and IT sectorin the Checked rankings No. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €203,932 8 years View
  • Controlled by STAYCOultimately: Roots Transition Partners 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Profit
€203,932
Solvency
18.6%
Total assets▲ 3.5%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
2002
Next accounts
by 31-07-2027
  1. 21-01-2025Resignation: Filip Verbrugghe (director)
  2. 31-12-2024Highest result from 2018 to 2025
  3. 31-12-2024Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Founded
24-12-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
The sole director
Annual meeting
First Thursday of June at 10:00
Purpose
“De groot- en kleinhandel in elektronische apparatuur,ondermeer telecommunicatie en…” (deed in Dutch)
Go to Articles of association

Key facts about GTV

What is the company number of GTV?
0468.749.035. In Belgium the VAT number is the company number with BE in front: BE 0468.749.035.
Where is GTV based?
The registered office is at Gentsesteenweg 125, 8530 Harelbeke.Company details
What does GTV do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of GTV?
Private limited company (BV).
When was GTV founded?
On 24-12-1999.
Is GTV still active?
Yes, GTV is an active enterprise in the KBO register.
How many employees does GTV have?
On average 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GTV?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GTV profitable?
In financial year 2025, GTV made a profit of €203,932.
Where can I find the annual accounts of GTV?
GTV filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GTV due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Roots Transition Partners · 20 companies How does this company compare with its sector?Sector benchmark

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