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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GTE CONSTRUCT from Waregem, company number BE0838030510, closed financial year 2025 with a result of € -133,416 after tax. For that financial year GTE CONSTRUCT recorded revenue of € 260,300 and equity of € 6.9 million. Compared with financial year 2024, the result moved from € -58,010 to € -133,416. The company made a loss. 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 September 30, 2026.
€ 6.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -133,416
▼ 130 % more loss than in 2024
Profit after tax over the fiscal year.
€ 9,415
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.8 million.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 17,303
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 755
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ 4% vs 2024
€ 28,318 is repaid this year. At this pace the long-term loan is gone in ≈ 96 years.
€ 371,265
▲ 252% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 208 days on average.
€ 23,851
▲ 263% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 425,000 | - | € 252,946 | € 260,300 | ▲ 3% |
| Gross margin | - | € 199,497 | - | - | |
| Profit after taxes | € 14,633 | € 23,369 | € -58,010 | € -133,416 | ▼ € 75,406 |
| Equity | € 7,059,294 | € 7,082,663 | € 7,024,653 | € 6,891,238 | ▼ 2% |
| Total debts | € 2,637,591 | € 2,621,353 | € 3,572,371 | € 4,133,833 | ▲ 16% |
| Cash | € 169,002 | € 36,983 | € 11,385 | € 9,415 | ▼ 17% |
| Retained profit | € 5,982,343 | € 6,005,711 | € 5,947,702 | € 5,814,286 | ▼ 2% |
| Bank debt | € 714,965 | € 758,730 | € 2,610,478 | € 2,708,919 | ▲ 4% |
| Balance sheet total | € 9,696,886 | € 9,704,016 | € 10,597,024 | € 11,025,071 | ▲ 4% |
| Employees (FTE) | - | 0 | - | 0.3 |
Key figures of GTE CONSTRUCT, 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 GTE CONSTRUCT?
What happened at GTE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Dedeyne stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 133,416. filed late Source: NBB ↗
- Guy Dedeyne became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,633 profit in 2022 to € 133,416 loss in 2025.
Paid € 22,462 in corporate taxes since 2022.
Best year ever: 2023, with € 23,369 profit.
Management
It owns 100% of Dedeyne Construct and 100% of Bouwkantoor Guido Dedeyne itself.
Directors
According to the 2025 annual accounts
Guy Dedeyne
Director
Also active at: IMMO-DM, DEDEYNE CONSTRUCT, DEDEYNE ENGINEERING, DECO - INVEST, GAIA, The Fair Experts, GTE INVEST, BOUWKANTOOR GUIDO DEDEYNE
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Vijfseweg 31
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0838.030.510
- VAT number
- BE 0838.030.510
- Registered office
- Vijfseweg 31, 8790 Waregem
- Names & denominations
- GTE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2011
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
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