What does GTBusiness do?

GTBusiness is a market research agency in Etterbeek. Public Limited, started on 29 April 1988, 1 establishment.

What is the address of GTBusiness?

The registered office of GTBusiness is located at Sint-Pieterssteenweg 387, 1040 Etterbeek.

Is GTBusiness still active?

Yes. According to the CBE (29 October 2026) GTBusiness is active, legal situation “Normale toestand”, started on 29 April 1988.

Is GTBusiness registered on Peppol?

Yes, GTBusiness is registered on the Peppol network with ID 0208:0434119045.

What is the enterprise number of GTBusiness?

The enterprise number of GTBusiness is BE0434119045.

When was GTBusiness founded?

GTBusiness was founded on 29 April 1988.

Who are the directors of GTBusiness?

According to the 2025 annual accounts, the directors of GTBusiness are: Sébastien INCARDONA, Alexandra GALLI, Roland HERRERO RUIZ.

Is GTBusiness a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 April 1988; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GTBusiness make in 2025?

GTBusiness posted a profit after taxes of € 325,996 in financial year 2025.

What is the revenue of GTBusiness?

As a small company, GTBusiness is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 350,997.

How much does an employee at GTBusiness earn?

The average wage cost per full-time employee at GTBusiness was € 33,900 in 2025: staff costs of € 33,921 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GTBusiness have?

According to the 2025 annual accounts, GTBusiness has 1 full-time equivalents (FTE).

GTBusiness (Public Limited) - Etterbeek - BE0434119045

Dossier GTBusiness, printed on 29 October 2026 from databakkes.be/en/0434119045/gtbusiness. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

48 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GTBusiness from Etterbeek, company number BE0434119045, closed financial year 2025 with a result of € 325,996 after tax. For that financial year GTBusiness recorded a gross margin of € 350,997 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 1.1 million to € 325,996. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Growing

€ 1.4 million

▲ 30% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 325,996

▼ 70% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,805

▼ 93% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 964,955.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 33,921

▲ 4% vs 2024

€ 33,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▼ 15% vs 2024

€ 175,808 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 210,308

▼ 71% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 130,531

▲ € 103,050 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 243,719 Gross margin 2022: € 243,719 First fiscal year in the series	€ 188,251 Gross margin 2023: € 188,251 ▼ 23% vs 2022 (€ 243,719) Unfavourable step	€ 274,115 Gross margin 2024: € 274,115 ▲ 46% vs 2023 (€ 188,251) Favourable step	€ 350,997 Gross margin 2025: € 350,997 ▲ 28% vs 2024 (€ 274,115) Favourable step	▲ 28%
Profit after taxes	€ 137,011 Profit after taxes 2022: € 137,011 First fiscal year in the series	€ 30,369 Profit after taxes 2023: € 30,369 ▼ 78% vs 2022 (€ 137,011) Unfavourable step	€ 1,089,293 Profit after taxes 2024: € 1,089,293 ▲ € 1.1 million vs 2023 (€ 30,369) Favourable step	€ 325,996 Profit after taxes 2025: € 325,996 ▼ 70% vs 2024 (€ 1,089,293) Unfavourable step	▼ 70%
Equity	€ -30,704 Equity 2022: € -30,704 First fiscal year in the series	€ -334 Equity 2023: € -334 ▲ € 30,369 vs 2022 (€ -30,704) Favourable step	€ 1,088,959 Equity 2024: € 1,088,959 ▲ € 1.1 million vs 2023 (€ -334) Favourable step	€ 1,414,955 Equity 2025: € 1,414,955 ▲ 30% vs 2024 (€ 1,088,959) Favourable step	▲ 30%
Total debts	€ 3,858,818 Total debts 2022: € 3,858,818 First fiscal year in the series	€ 3,716,243 Total debts 2023: € 3,716,243 ▼ 4% vs 2022 (€ 3,858,818) Favourable step	€ 2,607,515 Total debts 2024: € 2,607,515 ▼ 30% vs 2023 (€ 3,716,243) Favourable step	€ 2,515,986 Total debts 2025: € 2,515,986 ▼ 4% vs 2024 (€ 2,607,515) Favourable step	▼ 4%
Cash	€ 119,480 Cash 2022: € 119,480 First fiscal year in the series	€ 69,218 Cash 2023: € 69,218 ▼ 42% vs 2022 (€ 119,480) Unfavourable step	€ 56,396 Cash 2024: € 56,396 ▼ 19% vs 2023 (€ 69,218) Unfavourable step	€ 3,805 Cash 2025: € 3,805 ▼ 93% vs 2024 (€ 56,396) Unfavourable step	▼ 93%
Retained profit	€ -480,704 Retained profit 2022: € -480,704 First fiscal year in the series	€ -450,334 Retained profit 2023: € -450,334 ▲ € 30,369 vs 2022 (€ -480,704) Favourable step	€ 638,959 Retained profit 2024: € 638,959 ▲ € 1.1 million vs 2023 (€ -450,334) Favourable step	€ 964,955 Retained profit 2025: € 964,955 ▲ 51% vs 2024 (€ 638,959) Favourable step	▲ 51%
Bank debt	€ 2,608,416 Bank debt 2022: € 2,608,416 First fiscal year in the series	€ 2,445,162 Bank debt 2023: € 2,445,162 ▼ 6% vs 2022 (€ 2,608,416) Favourable step	€ 1,177,852 Bank debt 2024: € 1,177,852 ▼ 52% vs 2023 (€ 2,445,162) Favourable step	€ 1,006,359 Bank debt 2025: € 1,006,359 ▼ 15% vs 2024 (€ 1,177,852) Favourable step	▼ 15%
Balance sheet total	€ 3,828,115 Balance sheet total 2022: € 3,828,115 First fiscal year in the series	€ 3,715,909 Balance sheet total 2023: € 3,715,909 ▼ 3% vs 2022 (€ 3,828,115) Unchanged	€ 3,696,474 Balance sheet total 2024: € 3,696,474 ▼ 1% vs 2023 (€ 3,715,909) Unchanged	€ 3,930,941 Balance sheet total 2025: € 3,930,941 ▲ 6% vs 2024 (€ 3,696,474) Unchanged	▲ 6%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of GTBusiness, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GTBusiness?

What happened at GTBusiness in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 24, 2026 New annual accounts for financial year 2025: profit of € 325,996 (▼ 70% vs 2024). filed late Source: NBB ↗
2021 Alexandra GALLI became a director. NBB
Jun 6, 1988 New establishment in Etterbeek. KBO
Apr 29, 1988 Start of the company according to the CBE. KBO

In short

From € 137,011 profit in 2022 to € 325,996 profit in 2025.

Paid € 173,398 in corporate taxes since 2022.

Best year ever: 2024, with € 1.1 million profit.

On average € 351,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Sébastien INCARDONA 50%

Alexandra GALLI 50%

GTBusiness

GARAGE MICHEL LAMBIN 100%

INCAR-MOTOR 50%

Behind GTBusiness are Sébastien INCARDONA, Alexandra GALLI and Roland HERRERO RUIZ. The shares are held by Sébastien INCARDONA (50%) and Alexandra GALLI (50%). It owns 100% of GARAGE MICHEL LAMBIN and 50% of INCAR-MOTOR itself.

Directors

According to the 2025 annual accounts

Sébastien INCARDONA

Managing director

Alexandra GALLI

Director

since 2021

Roland HERRERO RUIZ

Director

Also active at: Garage Taelman, VETIGA, GARAGE de l'AVENUE, 4U.CEC, CONSEIL EN COMPETIVITE D'ENTREPRISE

Shareholders

Sébastien INCARDONA

50%

Alexandra GALLI

50%

Participations

GARAGE MICHEL LAMBIN

100%

INCAR-MOTOR

50%

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Pieterssteenweg 387

1040 Etterbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.

All companies at this address →

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+43 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0434.119.045

VAT number

BE 0434.119.045

Registered office

Sint-Pieterssteenweg 387, 1040 Etterbeek

Names & denominations

GTBusiness · GTB

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 April 1988

Peppol

Active · Active since 9 Dec 2025

Activities · NACE

Markt- en opinieonderzoek

Handelsbemiddeling in de groothandel in andere specifieke goederen

Handelsbemiddeling in motorvoertuigen

Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗