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 38 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GTO Tailor Made from Charleroi, company number BE0797653368, closed financial year 2024 with a result of € 24,084 after tax. For that financial year GTO Tailor Made recorded a gross margin of € 48,888 and equity of € 63,002. Compared with financial year 2023, the result moved from € 28,918 to € 24,084. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ 63,002
▲ 62% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,084
▼ 17% vs 2023
Profit after tax over the fiscal year.
€ 6,980
▼ 21% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 53,002.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 159,270
▼ 12% vs 2023
€ 26,972 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,628
▼ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,977
▲ 83% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 50,357 | € 48,888 | ▼ 3% |
| Profit after taxes | € 28,918 | € 24,084 | ▼ 17% |
| Equity | € 38,918 | € 63,002 | ▲ 62% |
| Total debts | € 201,820 | € 192,892 | ▼ 4% |
| Cash | € 8,848 | € 6,980 | ▼ 21% |
| Retained profit | € 28,918 | € 53,002 | ▲ 83% |
| Bank debt | € 181,343 | € 159,270 | ▼ 12% |
| Balance sheet total | € 240,738 | € 255,894 | ▲ 6% |
Key figures of GTO Tailor Made, fiscal years 2023 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 GTO Tailor Made?
What happened at GTO Tailor Made in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 24,084 (▼ 17% vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
- Michaël Godfroid became a director. NBB
In short
From € 28,918 profit in 2023 to € 24,084 profit in 2024.
Paid € 25,920 in corporate taxes since 2023.
Best year ever: 2023, with € 28,918 profit.
Management
Behind GTO Tailor Made is Michaël Godfroid. It owns 10% of GTO Orthopedie SRL itself.
Directors
According to the 2024 annual accounts
Michaël Godfroid
Director
Also active at: DOUDOU Immo, GTO HOLDING, Gestec Orthopédie, G.T.O. ORTHOPEDIE, POOL SANTE
since 2023
Establishments
Establishment units
Physical locations of this company
Grand'rue 216
6000 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0797.653.368
- VAT number
- BE 0797.653.368
- Registered office
- Grand'rue 216, 6000 Charleroi
- Names & denominations
- GTO Tailor Made
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2023
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels