What does GT-FOAM do?

GT-FOAM is a specialised building contractor in Ravels. Private Limited, started on 8 July 2009, 1 establishment.

What is the address of GT-FOAM?

The registered office of GT-FOAM is located at Nijverheidsstraat 8, 2381 Ravels.

Is GT-FOAM still active?

Yes. According to the CBE (29 October 2026) GT-FOAM is active, legal situation “Normale toestand”, started on 8 July 2009.

Is GT-FOAM registered on Peppol?

Yes, GT-FOAM is registered on the Peppol network with ID 0208:0816904702.

What is the enterprise number of GT-FOAM?

The enterprise number of GT-FOAM is BE0816904702.

When was GT-FOAM founded?

GT-FOAM was founded on 8 July 2009.

Who are the directors of GT-FOAM?

According to the 2025 annual accounts, the directors of GT-FOAM are: GTF INVEST, Insulation Partners, J&N INVEST.

Is GT-FOAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 July 2009; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GT-FOAM make in 2025?

GT-FOAM posted a profit after taxes of € 1,499,431 in financial year 2025.

What is the revenue of GT-FOAM?

As a small company, GT-FOAM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,898,065.

How much does an employee at GT-FOAM earn?

The average wage cost per full-time employee at GT-FOAM was € 75,900 in 2025: staff costs of € 979,307 for 12.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GT-FOAM have?

According to the 2025 annual accounts, GT-FOAM has 12.9 full-time equivalents (FTE).

Does GT-FOAM have a website?

Yes, GT-FOAM has a website at gt-foam.be.

GT-FOAM (Private Limited) - Ravels - BE0816904702

Dossier GT-FOAM, printed on 29 October 2026 from databakkes.be/en/0816904702/gt-foam. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 14.7 to 12.9.

Financials

Financial year 2025

GT-FOAM from Ravels, company number BE0816904702, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year GT-FOAM recorded a gross margin of € 2.9 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.

What it is worth Healthy

€ 3 million

▼ 23% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.5 million

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▲ 24% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

12.9

▼ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 979,307

▼ 2% vs 2024

€ 75,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 183,616

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 130,402

▼ 51% vs 2024

€ 66,213 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 154,797

▲ 72% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 13,426

▼ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,392,641 Gross margin 2022: € 2,392,641 First fiscal year in the series	€ 2,998,326 Gross margin 2023: € 2,998,326 ▲ 25% vs 2022 (€ 2,392,641) Favourable step	€ 2,963,626 Gross margin 2024: € 2,963,626 ▼ 1% vs 2023 (€ 2,998,326) Unfavourable step	€ 2,898,065 Gross margin 2025: € 2,898,065 ▼ 2% vs 2024 (€ 2,963,626) Unfavourable step	▼ 2%
Profit after taxes	€ 1,082,039 Profit after taxes 2022: € 1,082,039 First fiscal year in the series	€ 1,453,384 Profit after taxes 2023: € 1,453,384 ▲ 34% vs 2022 (€ 1,082,039) Favourable step	€ 1,520,240 Profit after taxes 2024: € 1,520,240 ▲ 5% vs 2023 (€ 1,453,384) Favourable step	€ 1,499,431 Profit after taxes 2025: € 1,499,431 ▼ 1% vs 2024 (€ 1,520,240) Unfavourable step	▼ 1%
Equity	€ 2,004,425 Equity 2022: € 2,004,425 First fiscal year in the series	€ 3,034,584 Equity 2023: € 3,034,584 ▲ 51% vs 2022 (€ 2,004,425) Favourable step	€ 3,934,218 Equity 2024: € 3,934,218 ▲ 30% vs 2023 (€ 3,034,584) Favourable step	€ 3,009,709 Equity 2025: € 3,009,709 ▼ 23% vs 2024 (€ 3,934,218) Unfavourable step	▼ 23%
Total debts	€ 931,978 Total debts 2022: € 931,978 First fiscal year in the series	€ 929,094 Total debts 2023: € 929,094 Unchanged (€ 931,978) Favourable step	€ 1,042,285 Total debts 2024: € 1,042,285 ▲ 12% vs 2023 (€ 929,094) Unfavourable step	€ 2,729,515 Total debts 2025: € 2,729,515 ▲ 162% vs 2024 (€ 1,042,285) Unfavourable step	▲ 162%
Cash	€ 610,833 Cash 2022: € 610,833 First fiscal year in the series	€ 600,366 Cash 2023: € 600,366 ▼ 2% vs 2022 (€ 610,833) Unfavourable step	€ 1,039,139 Cash 2024: € 1,039,139 ▲ 73% vs 2023 (€ 600,366) Favourable step	€ 1,284,263 Cash 2025: € 1,284,263 ▲ 24% vs 2024 (€ 1,039,139) Favourable step	▲ 24%
Land & buildings	€ 199,275 Land & buildings 2022: € 199,275 First fiscal year in the series	€ 175,975 Land & buildings 2023: € 175,975 ▼ 12% vs 2022 (€ 199,275) Unchanged	-	-
Retained profit	€ 1,912,525 Retained profit 2022: € 1,912,525 First fiscal year in the series	€ 2,933,494 Retained profit 2023: € 2,933,494 ▲ 53% vs 2022 (€ 1,912,525) Favourable step	€ 3,833,128 Retained profit 2024: € 3,833,128 ▲ 31% vs 2023 (€ 2,933,494) Favourable step	€ 2,908,619 Retained profit 2025: € 2,908,619 ▼ 24% vs 2024 (€ 3,833,128) Unfavourable step	▼ 24%
Dividend	€ 200,000 Dividend 2022: € 200,000 First fiscal year in the series	€ 400,000 Dividend 2023: € 400,000 ▲ 100% vs 2022 (€ 200,000) Unchanged	€ 600,000 Dividend 2024: € 600,000 ▲ 50% vs 2023 (€ 400,000) Unchanged	€ 2,400,000 Dividend 2025: € 2,400,000 ▲ 300% vs 2024 (€ 600,000) Unchanged	▲ 300%
Bank debt	€ 509,094 Bank debt 2022: € 509,094 First fiscal year in the series	€ 395,551 Bank debt 2023: € 395,551 ▼ 22% vs 2022 (€ 509,094) Favourable step	€ 268,402 Bank debt 2024: € 268,402 ▼ 32% vs 2023 (€ 395,551) Favourable step	€ 130,402 Bank debt 2025: € 130,402 ▼ 51% vs 2024 (€ 268,402) Favourable step	▼ 51%
Balance sheet total	€ 3,041,068 Balance sheet total 2022: € 3,041,068 First fiscal year in the series	€ 4,078,809 Balance sheet total 2023: € 4,078,809 ▲ 34% vs 2022 (€ 3,041,068) Unchanged	€ 5,103,148 Balance sheet total 2024: € 5,103,148 ▲ 25% vs 2023 (€ 4,078,809) Unchanged	€ 5,865,869 Balance sheet total 2025: € 5,865,869 ▲ 15% vs 2024 (€ 5,103,148) Unchanged	▲ 15%
Employees (FTE)	13.8 Employees (FTE) 2022: 13.8 First fiscal year in the series	14.7 Employees (FTE) 2023: 14.7 ▲ 0.9 vs 2022 (13.8) Unchanged	13.9 Employees (FTE) 2024: 13.9 ▼ 0.8 vs 2023 (14.7) Unchanged	12.9 Employees (FTE) 2025: 12.9 ▼ 1 vs 2024 (13.9) Unchanged	▼ 1

Key figures of GT-FOAM, 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 GT-FOAM?

What happened at GT-FOAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 1.5 million (▼ 1% vs 2024). Source: NBB ↗
2026 Insulation Partners became a director. NBB
Jul 8, 2009 New establishment in Ravels. KBO
Jul 8, 2009 Start of the company according to the CBE. KBO

In short

From € 1.1 million profit in 2022 to € 1.5 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2024, with € 1.5 million profit.

On average € 224,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GTF INVEST 100%

The stake of GTF INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GT-FOAM

Behind GT-FOAM are GTF INVEST, Insulation Partners and J&N INVEST. The shares are held by GTF INVEST (100%).

Directors

According to the 2025 annual accounts

GTF INVEST

Director · represented by Pieter Rober

Insulation Partners

Director · represented by Frank Reekmans

Also active at: GTF INVEST

since 2026

J&N INVEST

Director · represented by Nick Van Den Broeck

Also active at: GTF INVEST

Shareholders

GTF INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidsstraat 8

2381 Ravels

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 →

't Stoeltje

GTF INVEST same network

€ 686,876 gross margin · 2025

INSULATION PARTNERS same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS gt-foam.be

Canonical: https://www.gt-foam.be/

Technologies

ComplianzContact Form 7Facebook PixelFont AwesomeGoogle FontsGoogle Tag ManagerNginxPHPVimeoWordPressWordfenceYoast SEOjQuery

Certifications & Partners

Embuild

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Webshop Newsletter Ads

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0816.904.702

VAT number

BE 0816.904.702

Registered office

Nijverheidsstraat 8, 2381 Ravels

Names & denominations

GT-FOAM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 July 2009

Peppol

Active · Active since 7 Jan 2026

Contact

gt-foam.be

Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Overige werkzaamheden in verband met de afwerking van gebouwen

Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗

GT-FOAM

Warning lights

Financials

What happened to GT-FOAM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions