Financials
Financial year 2024
G.T.O. ORTHOPEDIE from Charleroi, company number BE0883163521, closed financial year 2024 with a result of € 41,705 after tax. For that financial year G.T.O. ORTHOPEDIE recorded a gross margin of € 935,483 and equity of € 1 million. Compared with financial year 2023, the result moved from € 114,500 to € 41,705. 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 August 25, 2025.
€ 1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,705
▼ 64% vs 2023
Profit after tax over the fiscal year.
€ 147,636
▼ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 70,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
12.7
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 702,798
▲ 2% vs 2023
€ 55,300 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.
€ 34,684
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 633,259
▲ 14% vs 2023
€ 107,144 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 363,389
▲ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 103,035
▼ 24% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 862,306 | € 910,229 | € 988,745 | € 935,483 | ▼ 5% |
| Profit after taxes | € 40,965 | € 83,257 | € 114,500 | € 41,705 | ▼ 64% |
| Equity | € 915,617 | € 994,244 | € 1,054,115 | € 1,049,507 | |
| Total debts | € 716,014 | € 900,149 | € 985,964 | € 1,204,587 | ▲ 22% |
| Cash | € 199,134 | € 164,223 | € 161,144 | € 147,636 | ▼ 8% |
| Land & buildings | € 488,197 | € 471,807 | € 455,418 | € 439,028 | ▼ 4% |
| Retained profit | € 819,614 | € 902,871 | € 967,371 | € 939,075 | ▼ 3% |
| Dividend | € 40,965 | € 0 | € 50,000 | € 70,000 | ▲ 40% |
| Bank debt | € 393,787 | € 648,542 | € 555,344 | € 633,259 | ▲ 14% |
| Balance sheet total | € 1,631,630 | € 1,894,393 | € 2,040,079 | € 2,254,094 | ▲ 10% |
| Employees (FTE) | 14.6 | 13.5 | 13.1 | 12.7 | ▼ 0.4 |
Key figures of G.T.O. ORTHOPEDIE, fiscal years 2021 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 G.T.O. ORTHOPEDIE?
What happened at G.T.O. ORTHOPEDIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 41,705 (▼ 64% vs 2023). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- New establishment in Huy. KBO
- New establishment in Amay. KBO
- New establishment in Charleroi. KBO
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,965 profit in 2021 to € 41,705 profit in 2024.
Paid € 132,799 in corporate taxes since 2021.
Best year ever: 2023, with € 114,500 profit.
On average € 73,700 of value added per employee in 2024.
A new publication or filing at G.T.O. ORTHOPEDIE? 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
The stake of GTO HOLDING, GTO Tailor Made comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
G.T.O. ORTHOPEDIEBehind G.T.O. ORTHOPEDIE is Michael Godfroid . The shares are held by GTO HOLDING (90%) and GTO Tailor Made (10%).
Directors
According to the 2024 annual accounts
Shareholders
90%
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grand'rue 216
6000 Charleroi
Grand'rue 3
6000 Charleroi
Active since 25 August 2006
Grand'rue 214
6000 Charleroi
Active since 14 January 2010
Rue des Trois-Ponts 11
4500 Huy
Active since 1 June 2021
Chaussée Roosevelt(AMA) 143b
4540 Amay
Active since 1 January 2018
Rue du Campus des Viviers 1
6060 Charleroi
Active since 1 November 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0883.163.521
- VAT number
- BE 0883.163.521
- Registered office
- Grand'rue 216, 6000 Charleroi
- Names & denominations
- G.T.O. ORTHOPEDIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2006
- Peppol
- Active · Active since 17 Jun 2025
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