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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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
GTO from Bertrix, company number BE0550967819, closed financial year 2023 with a result of € -6,760 after tax. For that financial year GTO recorded a gross margin of € 27,122 and equity of € 42,171. Compared with financial year 2022, the result moved from € -1,792 to € -6,760. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2024.
€ 42,171
▼ 14% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,760
▼ 277 % more loss than in 2022
Profit after tax over the fiscal year.
€ 134
▼ 98% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,829.
People and assets in 2023
€ 687
▼ 17% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,226
▼ 30% vs 2022
Of which on lease € 37,400.
Debts at end 2023
€ 42,259
▼ 31% vs 2022
€ 18,786 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 216,411
▲ 65% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 28,708 | € 39,454 | € 27,122 | ▼ 31% |
| Profit after taxes | € -8,139 | € -1,792 | € -6,760 | ▼ € 4,968 |
| Equity | € 50,722 | € 48,930 | € 42,171 | ▼ 14% |
| Total debts | € 206,327 | € 221,394 | € 258,671 | ▲ 17% |
| Cash | € 24,120 | € 6,742 | € 134 | ▼ 98% |
| Retained profit | € -11,278 | € -13,070 | € -19,829 | ▼ € 6,760 |
| Bank debt | € 78,634 | € 61,309 | € 42,259 | ▼ 31% |
| Balance sheet total | € 257,049 | € 270,325 | € 300,842 | ▲ 11% |
Key figures of GTO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GTO?
What happened at GTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 6,760. filed late Source: NBB ↗
- New establishment in Vresse-sur-Semois. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,139 loss in 2021 to € 6,760 loss in 2023.
Establishments
Establishment units
Physical locations of this company
Rue de la Jonction 1
6880 Bertrix
La Pommeraie,Sugny 174 box b
5550 Vresse-sur-Semois
Active since 25 April 2014
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
- 0550.967.819
- VAT number
- BE 0550.967.819
- Registered office
- Rue de la Jonction 1, 6880 Bertrix
- Names & denominations
- GTO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2014
- Peppol
- Active · Active since 7 Mar 2026
- Activities · NACE
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