Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GTS from Ninove, company number BE0837834629, closed financial year 2025 with a result of € 18,439 after tax. For that financial year GTS recorded a gross margin of € 145,380 and equity of € 70,042. Compared with financial year 2024, the result moved from € 8,603 to € 18,439. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 70,042
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,439
▲ 114% vs 2024
Profit after tax over the fiscal year.
€ 28,858
▼ 19% 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 € 45,042.
Debts at end 2025
€ 726,690
▼ 12% vs 2024
€ 100,451 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 75,948
▲ € 75,125 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,157
▲ 153% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,080 | € 146,013 | € 101,479 | € 145,380 | ▲ 43% |
| Profit after taxes | € 26,284 | € 43,716 | € 8,603 | € 18,439 | ▲ 114% |
| Equity | € -717 | € 43,000 | € 51,602 | € 70,042 | ▲ 36% |
| Total debts | € 1,305,365 | € 1,230,476 | € 1,116,782 | € 1,119,975 | |
| Cash | € 55,778 | € 65,871 | € 35,721 | € 28,858 | ▼ 19% |
| Land & buildings | € 1,204,643 | € 1,147,631 | € 1,082,722 | € 1,081,040 | |
| Retained profit | € -25,717 | € 18,000 | € 26,602 | € 45,042 | ▲ 69% |
| Bank debt | € 1,021,956 | € 924,529 | € 826,113 | € 726,690 | ▼ 12% |
| Balance sheet total | € 1,304,649 | € 1,273,476 | € 1,168,384 | € 1,190,016 | ▲ 2% |
Key figures of GTS, 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 GTS?
What happened at GTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,439 (▲ 114% vs 2024). Source: NBB ↗
- BELROMA-INVEST BV became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,284 profit in 2022 to € 18,439 profit in 2025.
Paid € 13,588 in corporate taxes since 2022.
Best year ever: 2023, with € 43,716 profit.
A new publication or filing at GTS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GTS is BELROMA-INVEST BV. BELROMA-INVEST BV is also behind GARKA and BUBBA.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Nederwijk-Oost 300
9400 Ninove
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0837.834.629
- VAT number
- BE 0837.834.629
- Registered office
- Nederwijk-Oost 300, 9400 Ninove
- Names & denominations
- GTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2011
- Peppol
- Active · Active since 5 Nov 2025
- Contact
- garka.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen