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 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GT-ESTATE from Oud-Turnhout, company number BE0794762768, closed financial year 2025 with a result of € 50,485 after tax. For that financial year GT-ESTATE recorded a gross margin of € 149,010 and equity of € -73,116. Compared with financial year 2024, the result moved from € -74,832 to € 50,485. 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 14, 2026.
€ -73,116
▲ € 50,485 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,485
▲ still € 74,832 loss in 2024
Profit after tax over the fiscal year.
€ 328
▲ 41% 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 € -82,116.
People and assets in 2025
€ 63,783
▼ 37% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 44,244
▼ 34% vs 2024
Of which on lease € 23,090.
Debts at end 2025
€ 148,379
▲ 22% vs 2024
€ 70,610 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 32,073
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,063
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 14,543 | € 59,519 | € 149,010 | ▲ 150% |
| Profit after taxes | € -57,770 | € -74,832 | € 50,485 | ▲ € 125,317 |
| Equity | € -48,770 | € -123,601 | € -73,116 | ▲ € 50,485 |
| Total debts | € 251,869 | € 283,659 | € 217,486 | ▼ 23% |
| Cash | € 24,624 | € 233 | € 328 | ▲ 41% |
| Retained profit | € -57,770 | € -132,601 | € -82,116 | ▲ € 50,485 |
| Bank debt | € 110,179 | € 121,721 | € 148,379 | ▲ 22% |
| Balance sheet total | € 203,099 | € 160,057 | € 144,370 | ▼ 10% |
Key figures of GT-ESTATE, fiscal years 2023 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-ESTATE?
What happened at GT-ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,485. filed late Source: NBB ↗
- Thijs Pouders became a director. NBB
- Gunther Frans Willems became a director. NBB
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,770 loss in 2023 to € 50,485 profit in 2025.
Best year ever: 2025, with € 50,485 profit.
Management
Behind GT-ESTATE are Thijs Pouders and Gunther Frans Willems. Thijs Pouders is also behind Property Worx and VIGILATWORX. Gunther Frans Willems is also behind BELFRA PROJECTS.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Pannenfabriek 2 - 1A
2360 Oud-Turnhout
Pannenfabriek 2 box 1A
2360 Oud-Turnhout
Active since 14 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.762.768
- VAT number
- BE 0794.762.768
- Registered office
- Pannenfabriek 2 - 1A, 2360 Oud-Turnhout
- Names & denominations
- GT-ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2022
- Peppol
- Active · Active since 30 Mar 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Metselwerk
Ontwikkeling van residentiële bouwprojecten
Overige gespecialiseerde bouwactiviteiten, neg
Uitvoeren van metsel- en voegwerken
Overige gespecialiseerde bouwwerkzaamheden