Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GBT from Nieuwerkerken (Limb.), company number BE0477818634, closed financial year 2025 with a result of € 645,601 after tax. For that financial year GBT recorded a gross margin of € 3.2 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 264,581 to € 645,601. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.
€ 3.7 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 645,601
▲ 144% vs 2024
Profit after tax over the fiscal year.
€ 87,754
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.2 million.
People and assets in 2025
37.8
▼ 12.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 27% vs 2024
€ 37,500 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.
€ 490,500
▼ 17% vs 2024
Of which on lease € 21,856.
Debts at end 2025
€ 6.9 million
▼ 5% vs 2024
€ 982,564 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 394,808
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,552
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,294,094 | € 3,100,359 | € 3,186,583 | € 3,234,295 | ▲ 1% |
| Profit after taxes | € 533,910 | € 840,328 | € 264,581 | € 645,601 | ▲ 144% |
| Equity | € 1,901,721 | € 2,742,049 | € 3,006,629 | € 3,652,231 | ▲ 21% |
| Total debts | € 7,101,116 | € 7,091,721 | € 8,115,491 | € 7,648,107 | ▼ 6% |
| Cash | € 101,567 | € 118,823 | € 258,795 | € 87,754 | ▼ 66% |
| Land & buildings | € 4,564,109 | € 4,378,928 | € 5,169,078 | € 4,957,794 | ▼ 4% |
| Retained profit | € 1,466,721 | € 2,307,049 | € 2,571,629 | € 3,217,231 | ▲ 25% |
| Bank debt | € 6,223,288 | € 6,135,490 | € 7,295,053 | € 6,902,399 | ▼ 5% |
| Balance sheet total | € 9,002,837 | € 9,833,770 | € 11,122,121 | € 11,367,604 | ▲ 2% |
| Employees (FTE) | 34.1 | 41.3 | 50.2 | 37.8 | ▼ 12.4 |
Key figures of GBT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GBT?
What happened at GBT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 645,601 (▲ 144% vs 2024). Source: NBB ↗
- New establishment in Nieuwerkerken (Limb.). KBO
- Start of the company according to the CBE. KBO
In short
From € 533,910 profit in 2022 to € 645,601 profit in 2025.
Paid € 359,280 in corporate taxes since 2022.
Best year ever: 2023, with € 840,328 profit.
On average € 85,600 of value added per employee in 2025.
Management
Behind GBT are Mark BOFFIN, Camille BOFFIN and Jelle OTTENBOURGS.
Directors
According to the 2025 annual accounts
Mark BOFFIN
Director
Camille BOFFIN
Director
Jelle OTTENBOURGS
Director
Establishments
Establishment units
Physical locations of this company
Grotestraat 357
3850 Nieuwerkerken (Limb.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.818.634
- VAT number
- BE 0477.818.634
- Registered office
- Grotestraat 357, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- GBT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2002
- Peppol
- Active · Active since 12 Dec 2024
- Activities · NACE
Teelt van pit- en steenvruchten
Fruitteelt
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in groenten en fruit