Financials
Financial year 2025
GTB Constructies from Gent, company number BE0886994031, closed financial year 2025 with a result of € 47,989 after tax. For that financial year GTB Constructies recorded a gross margin of € 88,939 and equity of € 174,218. Compared with financial year 2024, the result moved from € 33,435 to € 47,989. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 174,218
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,989
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 196,977
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,259 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 44,805
▼ 25% vs 2024
Of which on lease € 40,586.
Debts at end 2025
€ 37,138
▼ 31% vs 2024
€ 16,676 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,631
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,947
▲ 218% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 79,189 | € 36,439 | € 77,366 | € 88,939 | ▲ 15% |
| Profit after taxes | € 46,531 | € -281 | € 33,435 | € 47,989 | ▲ 44% |
| Equity | € 146,643 | € 144,362 | € 151,488 | € 174,218 | ▲ 15% |
| Total debts | € 76,303 | € 61,471 | € 113,639 | € 90,676 | ▼ 20% |
| Cash | € 127,599 | € 113,112 | € 162,861 | € 196,977 | ▲ 21% |
| Land & buildings | € 16,896 | € 14,414 | € 11,933 | € 9,452 | ▼ 21% |
| Retained profit | € 128,043 | € 125,762 | € 132,888 | € 155,618 | ▲ 17% |
| Dividend | € 4,796 | € 2,000 | € 26,309 | € 25,259 | ▼ 4% |
| Bank debt | € 0 | € 17,335 | € 53,639 | € 37,138 | ▼ 31% |
| Balance sheet total | € 222,947 | € 205,833 | € 265,127 | € 264,894 |
Key figures of GTB Constructies, 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 GTB Constructies?
What happened at GTB Constructies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,989 (▲ 44% vs 2024). Source: NBB ↗
- Sam Thienpont became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
- Geert Thienpont became a director. NBB
In short
From € 46,531 profit in 2022 to € 47,989 profit in 2025.
Paid € 69,520 in corporate taxes since 2022.
Best year ever: 2025, with € 47,989 profit.
Paid out € 58,364 in dividends to the owners in total.
Management
Behind GTB Constructies are Geert Thienpont and Sam Thienpont.
Directors
According to the 2025 annual accounts
Geert Thienpont
Manager
since 2007
Sam Thienpont
Werkend vennoot
since 2009
Establishments
Establishment units
Physical locations of this company
Octaaf Van Dammestraat 63 box 001
9030 Gent
Octaaf Van Dammestraat 63 box 1
9030 Gent
Active since 24 January 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.994.031
- VAT number
- BE 0886.994.031
- Registered office
- Octaaf Van Dammestraat 63 bus 001, 9030 Gent
- Names & denominations
- GTB Constructies
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2007
- Peppol
- Active · Active since 20 Jan 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden