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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
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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
GNTT from Avelgem, company number BE0751898666, closed financial year 2025 with a result of € 7,099 after tax. For that financial year GNTT recorded a gross margin of € 24,911 and equity of € -54,750. Compared with financial year 2024, the result moved from € -19,834 to € 7,099. Profitable, and profit is growing. 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 October 15, 2026.
€ -54,750
▲ € 7,099 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,099
▲ still € 19,834 loss in 2024
Profit after tax over the fiscal year.
€ 23,347
▼ 63% 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 € -64,750.
Debts at end 2025
€ 190,000
▼ 55% vs 2024
Loans from banks and other lenders, long and short.
€ 16,781
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,378 | € -14,412 | € 27,072 | € 24,911 | ▼ 8% |
| Profit after taxes | € 3,210 | € -57,914 | € -19,834 | € 7,099 | ▲ € 26,934 |
| Equity | € 15,899 | € -42,015 | € -61,849 | € -54,750 | ▲ € 7,099 |
| Total debts | € 1,194,145 | € 851,190 | € 820,743 | € 540,948 | ▼ 34% |
| Cash | € 12,021 | € 6,062 | € 63,463 | € 23,347 | ▼ 63% |
| Land & buildings | € 1,144,364 | € 749,453 | € 610,804 | € 378,224 | ▼ 38% |
| Retained profit | € 5,899 | € -52,015 | € -71,849 | € -64,750 | ▲ € 7,099 |
| Bank debt | € 612,740 | € 355,500 | € 418,500 | € 190,000 | ▼ 55% |
| Balance sheet total | € 1,210,045 | € 809,175 | € 758,894 | € 486,198 | ▼ 36% |
Key figures of GNTT, 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 GNTT?
What happened at GNTT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- MLGC BV became a director. NBB
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
- SMART HOUSES BV became a director. NBB
In short
From € 3,210 profit in 2022 to € 7,099 profit in 2025.
Paid € 1,067 in corporate taxes since 2022.
Best year ever: 2025, with € 7,099 profit.
Management
The stake of MLGC, SMART HOUSES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GNTTBehind GNTT are MLGC BV and SMART HOUSES BV. The shares are held by MLGC (50%) and SMART HOUSES.
Directors
According to the 2025 annual accounts
since 2022
Director · represented by Noppe Jens
since 2020
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krevelstraat 11 box A
8581 Avelgem
Krevelstraat 11A
8581 Avelgem
Active since 7 August 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0751.898.666
- VAT number
- BE 0751.898.666
- Registered office
- Krevelstraat 11 bus A, 8581 Avelgem
- Names & denominations
- GNTT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2020
- Peppol
- Not registered