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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GT ONE MOTOR SPORT from Morlanwelz, company number BE0550585658, closed financial year 2025 with a result of € -1,020 after tax. For that financial year GT ONE MOTOR SPORT recorded a gross margin of € -598 and equity of € -4,035. Compared with financial year 2024, the result moved from € -453 to € -1,020. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -4,035
▼ € 1,020 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,020
▼ 125 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,462
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,235.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -481 | € -728 | € -66 | € -598 | ▼ € 532 |
| Profit after taxes | € -873 | € -2,135 | € -453 | € -1,020 | ▼ € 567 |
| Equity | € -427 | € -2,562 | € -3,015 | € -4,035 | ▼ € 1,020 |
| Total debts | € 3,162 | € 3,815 | € 4,265 | € 6,365 | ▲ 49% |
| Cash | € 508 | € 3 | - | € 1,462 | |
| Retained profit | € -6,627 | € -8,762 | € -9,215 | € -10,235 | ▼ € 1,020 |
| Balance sheet total | € 2,735 | € 1,253 | € 1,250 | € 2,330 | ▲ 86% |
Key figures of GT ONE MOTOR SPORT, 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 GT ONE MOTOR SPORT?
What happened at GT ONE MOTOR SPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,020. filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 873 loss in 2022 to € 1,020 loss in 2025.
A new publication or filing at GT ONE MOTOR SPORT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GT ONE MOTOR SPORT is Salvatore CHIAVETTA. Salvatore CHIAVETTA is also behind SOGESPA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Bleuets(MLZ) 11
7140 Morlanwelz
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
- 0550.585.658
- VAT number
- BE 0550.585.658
- Registered office
- Rue des Bleuets(MLZ) 11, 7140 Morlanwelz
- Names & denominations
- GT ONE MOTOR SPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2014
- Peppol
- Not registered