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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GT Units from Knokke-Heist, company number BE0738700332, closed financial year 2025 with a result of € 267,842 after tax. For that financial year GT Units recorded a gross margin of € 379,292 and equity of € 566,198. Compared with financial year 2024, the result moved from € 1,568 to € 267,842. 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 April 30, 2026.
€ 566,198
▲ 90% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 267,842
▲ € 266,274 vs 2024
Profit after tax over the fiscal year.
€ 86,924
▲ 236% 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 € 166,198.
People and assets in 2025
€ 46,206
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 229,167
▼ 19% vs 2024
€ 43,564 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,969
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,293
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,093 | € 47,782 | € 62,445 | € 379,292 | ▲ € 316,846 |
| Profit after taxes | € 21,170 | € 2,910 | € 1,568 | € 267,842 | ▲ € 266,274 |
| Equity | € 293,878 | € 296,788 | € 298,356 | € 566,198 | ▲ 90% |
| Total debts | € 1,086,002 | € 1,138,787 | € 1,131,477 | € 1,269,304 | ▲ 12% |
| Cash | € 4,791 | € 35,066 | € 25,897 | € 86,924 | ▲ 236% |
| Land & buildings | € 1,278,645 | € 1,245,263 | € 1,211,881 | € 1,553,773 | ▲ 28% |
| Retained profit | € -106,122 | € -103,212 | € -101,644 | € 166,198 | ▲ € 267,842 |
| Bank debt | € 478,437 | € 336,052 | € 282,923 | € 229,167 | ▼ 19% |
| Balance sheet total | € 1,379,879 | € 1,435,575 | € 1,429,833 | € 1,835,502 | ▲ 28% |
Key figures of GT Units, 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 April 2027.
What happened to GT Units?
What happened at GT Units in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 267,842 (▲ € 266,274 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Gilles THIERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 21,170 profit in 2022 to € 267,842 profit in 2025.
Paid € 35,284 in corporate taxes since 2022.
Best year ever: 2025, with € 267,842 profit.
Management
Behind GT Units is Gilles THIERS. It owns 50% of TD IVST itself.
Directors
According to the 2025 annual accounts
Gilles THIERS
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Maurice Maeterlincklaan 13
8300 Knokke-Heist
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
- 0738.700.332
- VAT number
- BE 0738.700.332
- Registered office
- Maurice Maeterlincklaan 13, 8300 Knokke-Heist
- Names & denominations
- GT Units
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2019
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen