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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GT DESIGN CARS from Liège, company number BE0525682986, closed financial year 2024 with a result of € -60,899 after tax. For that financial year GT DESIGN CARS recorded a gross margin of € 18,455 and equity of € -21,903. Compared with financial year 2023, the result moved from € -104,103 to € -60,899. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ -21,903
▼ € 60,899 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,899
▲ 42 % less loss than in 2023
Profit after tax over the fiscal year.
€ 14,216
▼ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,903.
People and assets in 2024
2.3
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 25,932
▲ 12% vs 2023
€ 11,300 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.
€ 71,325
▲ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 185,029
▼ 20% vs 2023
€ 31,767 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 162,682
▲ 153% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,289
▼ 69% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 126,767 | € 18,844 | € -50,081 | € 18,455 | ▲ € 68,535 |
| Profit after taxes | € 75,094 | € -8,569 | € -104,103 | € -60,899 | ▲ € 43,205 |
| Equity | € 151,668 | € 143,099 | € 38,996 | € -21,903 | ▼ € 60,899 |
| Total debts | € 308,160 | € 682,885 | € 525,612 | € 606,676 | ▲ 15% |
| Cash | € 92,443 | € 36,388 | € 39,781 | € 14,216 | ▼ 64% |
| Retained profit | € 131,668 | € 123,099 | € 18,996 | € -41,903 | ▼ € 60,899 |
| Bank debt | € 0 | € 230,143 | € 232,165 | € 185,029 | ▼ 20% |
| Balance sheet total | € 459,827 | € 825,984 | € 564,607 | € 584,773 | ▲ 4% |
| Employees (FTE) | 0.5 | 1.8 | 3 | 2.3 | ▼ 0.7 |
Key figures of GT DESIGN CARS, 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 GT DESIGN CARS?
What happened at GT DESIGN CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GT DESIGN CARS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 60,899. filed late Source: NBB ↗
- Leutrim LAIQ became a director. NBB
- Qendrim LAIQ became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,094 profit in 2021 to € 60,899 loss in 2024.
Paid € 36,106 in corporate taxes since 2021.
Best year ever: 2021, with € 75,094 profit.
On average € 8,000 of value added per employee in 2024.
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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 GT DESIGN CARS are Qendrim LAIQ and Leutrim LAIQ.
Directors
According to the 2024 annual accounts
Qendrim LAIQ
Administrator-manager
since 2016
Leutrim LAIQ
Administrator-manager
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Winston-Churchill 339
4020 Liège
Rue Winston-Churchill 341
4020 Liège
Active since 3 April 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.682.986
- VAT number
- BE 0525.682.986
- Registered office
- Rue Winston-Churchill 339, 4020 Liège
- Names & denominations
- GT DESIGN CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 April 2013
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)