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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GMD RENO from Seraing, company number BE0554706376, closed financial year 2025 with a result of € -8,067 after tax. For that financial year GMD RENO recorded a gross margin of € 19,123 and equity of € 98,950. Compared with financial year 2024, the result moved from € 4,184 to € -8,067. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 98,950
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,067
▼ still € 4,184 profit in 2024
Profit after tax over the fiscal year.
€ 2,507
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -66,050.
Debts at end 2025
€ 333,142
▼ 5% vs 2024
€ 18,333 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 3,710
▲ € 3,023 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 281
▲ 25% 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 | € 8,697 | € 22,723 | € 14,416 | € 19,123 | ▲ 33% |
| Profit after taxes | € -1,951 | € 10,943 | € 4,184 | € -8,067 | ▼ € 12,251 |
| Equity | € 91,890 | € 102,833 | € 107,017 | € 98,950 | ▼ 8% |
| Total debts | € 605,985 | € 623,667 | € 621,317 | € 610,382 | ▼ 2% |
| Cash | € 2,782 | € 3,681 | € 7,714 | € 2,507 | ▼ 68% |
| Land & buildings | - | - | - | € 703,325 | |
| Retained profit | € -73,110 | € -62,167 | € -57,983 | € -66,050 | ▼ € 8,067 |
| Bank debt | € 385,890 | € 368,646 | € 351,056 | € 333,142 | ▼ 5% |
| Balance sheet total | € 697,875 | € 726,501 | € 728,334 | € 709,332 | ▼ 3% |
Key figures of GMD RENO, 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 GMD RENO?
What happened at GMD RENO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,067 (▼ € 12,251 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 1,951 loss in 2022 to € 8,067 loss in 2025.
Best year ever: 2023, with € 10,943 profit.
Management
The stake of MAXCORP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GMD RENOBehind GMD RENO are LM Gestion SPRL, Maxcorp SPRL and F Real Estate SA. The shares are held by MAXCORP (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Daniel Salgado Lopez
Also active at: D.E.P.A., RM DEVELOPPEMENT, DGF INVEST, DH2, D2 PROJECT, VV BUSINESS, MAX PROJECT, DG IMVEST
Director · represented by Grégory FRANCHI
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Gosson 95
4101 Seraing
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0554.706.376
- VAT number
- BE 0554.706.376
- Registered office
- Rue du Gosson 95, 4101 Seraing
- Names & denominations
- GMD RENO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2014
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
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