Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
GT-STAR from Gent, company number BE0737335008, closed financial year 2024 with a result of € -10,488 after tax. For that financial year GT-STAR recorded a gross margin of € 104,194 and equity of € -5,423. Compared with financial year 2023, the result moved from € -7,256 to € -10,488. 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 September 23, 2025.
€ -5,423
▼ € 10,488 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,488
▼ 45 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,997
▼ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,423.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 95,145
▼ 29% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,892
▼ 48% vs 2023
Of which on lease € 11,208.
Debts at end 2024
€ 13,351
▼ 46% vs 2023
€ 8,369 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 84,171
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,151
▼ 12% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 99,200 | € 134,026 | € 148,214 | € 104,194 | ▼ 30% |
| Profit after taxes | € -7,803 | € -11,512 | € -7,256 | € -10,488 | ▼ € 3,231 |
| Equity | € 23,833 | € 12,321 | € 5,065 | € -5,423 | ▼ € 10,488 |
| Total debts | € 128,810 | € 185,126 | € 153,986 | € 128,673 | ▼ 16% |
| Cash | € 18,279 | € 18,226 | € 13,622 | € 1,997 | ▼ 85% |
| Retained profit | € 11,833 | € 321 | € -6,935 | € -17,423 | ▼ € 10,488 |
| Bank debt | € 61,412 | € 45,605 | € 24,904 | € 13,351 | ▼ 46% |
| Balance sheet total | € 152,643 | € 197,447 | € 159,051 | € 123,250 | ▼ 23% |
Key figures of GT-STAR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GT-STAR?
What happened at GT-STAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 10,488. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,803 loss in 2021 to € 10,488 loss in 2024.
Paid € 1,231 in corporate taxes since 2021.
Management
Behind GT-STAR is Tonchev Grigor.
Directors
According to the 2024 annual accounts
Tonchev Grigor
Andere functie
Establishments
Establishment units
Physical locations of this company
Heilig-Hartstraat 70
9040 Gent
François Van Impelaan 69
9041 Gent
Active since 31 October 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.335.008
- VAT number
- BE 0737.335.008
- Registered office
- Heilig-Hartstraat 70, 9040 Gent
- Names & denominations
- GT-STAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2019
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Goederenvervoer over de weg
Overige reiniging van gebouwen; industriële reiniging
Overige gespecialiseerde bouwactiviteiten, neg
Algemene reiniging van gebouwen
Overige gespecialiseerde bouwwerkzaamheden