Financials
Financial year 2025
GT&MT from Damme, company number BE0653894222, closed financial year 2025 with a result of € 56,664 after tax. For that financial year GT&MT recorded a gross margin of € 96,353 and equity of € 755,218. Compared with financial year 2024, the result moved from € 117,760 to € 56,664. The company is profitable. 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 November 13, 2025.
€ 755,218
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,664
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 68,374
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 90,000
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 757
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,191
▼ 85% 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 | € 158,314 | € 156,504 | € 145,078 | € 96,353 | ▼ 34% |
| Profit after taxes | € 109,310 | € 96,642 | € 117,760 | € 56,664 | ▼ 52% |
| Equity | € 485,819 | € 582,460 | € 700,220 | € 755,218 | ▲ 8% |
| Total debts | € 481,258 | € 432,974 | € 380,685 | € 170,120 | ▼ 55% |
| Cash | € 112,942 | € 161,507 | € 221,878 | € 68,374 | ▼ 69% |
| Retained profit | € 473,419 | € 570,060 | € 687,820 | € 742,818 | ▲ 8% |
| Dividend | € 0 | € 0 | € 0 | € 1,666 | |
| Bank debt | € 444,287 | € 357,410 | € 269,320 | € 90,000 | ▼ 67% |
| Balance sheet total | € 967,077 | € 1,015,434 | € 1,080,905 | € 925,339 | ▼ 14% |
Key figures of GT&MT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GT&MT?
What happened at GT&MT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,664 (▼ 52% vs 2024). Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,310 profit in 2022 to € 56,664 profit in 2025.
Paid € 151,543 in corporate taxes since 2022.
Best year ever: 2024, with € 117,760 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind GT&MT is Geertrui Roseeuw. It owns 49% of ADAGIO itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Eienbroekstraat 18
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0653.894.222
- VAT number
- BE 0653.894.222
- Registered office
- Eienbroekstraat 18, 8340 Damme
- Names & denominations
- GT&MT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2016
- Peppol
- Active · Active since 16 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings