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 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
GT2 from Jabbeke, company number BE0540980381, closed financial year 2026 with a result of € 8,816 after tax. For that financial year GT2 recorded a gross margin of € 43,454 and equity of € 2.4 million. Compared with financial year 2025, the result moved from € 186,147 to € 8,816. 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 September 9, 2026.
€ 2.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,816
▼ 95% vs 2025
Profit after tax over the fiscal year.
€ 21,098
▼ 69% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 2.4 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 86,903
▼ 21% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 171,429
▼ 40% vs 2025
€ 114,286 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 148,623
▲ € 145,156 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 4,500
▼ 83% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 584,477 | € 856,924 | € 272,707 | € 43,454 | ▼ 84% |
| Profit after taxes | € 365,521 | € 597,439 | € 186,147 | € 8,816 | ▼ 95% |
| Equity | € 1,630,302 | € 2,227,741 | € 2,413,889 | € 2,422,705 | |
| Total debts | € 3,962,987 | € 4,324,740 | € 3,285,482 | € 3,219,096 | ▼ 2% |
| Cash | € 141,626 | € 40,966 | € 67,552 | € 21,098 | ▼ 69% |
| Retained profit | € 1,611,702 | € 2,209,141 | € 2,395,289 | € 2,404,105 | |
| Bank debt | € 626,037 | € 451,051 | € 285,714 | € 171,429 | ▼ 40% |
| Balance sheet total | € 5,593,289 | € 6,552,482 | € 5,699,371 | € 5,641,801 | ▼ 1% |
Key figures of GT2, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GT2?
What happened at GT2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 8,816 (▼ 95% vs 2025). Source: NBB ↗
- Peter Van Renterghem became a director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 365,521 profit in 2023 to € 8,816 profit in 2026.
Paid € 372,871 in corporate taxes since 2023.
Best year ever: 2024, with € 597,439 profit.
Management
Behind GT2 is Peter Van Renterghem. It owns 100% of Steelvision and 84.6% of Industrial Services & Warehousing itself.
Directors
According to the 2026 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Grote Thems 2
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0540.980.381
- VAT number
- BE 0540.980.381
- Registered office
- Grote Thems 2, 8490 Jabbeke
- Names & denominations
- GT2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2013
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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