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 41 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GMT COATINGS from Liège, company number BE0737546923, closed financial year 2025 with a result of € 91,721 after tax. For that financial year GMT COATINGS recorded a gross margin of € -3,361 and equity of € 121,839. Compared with financial year 2024, the result moved from € -22,582 to € 91,721. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 121,839
▲ € 91,721 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,721
▲ still € 22,582 loss in 2024
Profit after tax over the fiscal year.
€ 353
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 116,839.
People and assets in 2025
€ 2,000
▼ 88% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,123
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ € 1.5 million vs 2024
€ 160,483 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 49,177
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,428
▼ 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 | € 178,461 | € 120,599 | € 18,960 | € -3,361 | ▼ € 22,320 |
| Profit after taxes | € 23,385 | € 20,727 | € -22,582 | € 91,721 | ▲ € 114,303 |
| Equity | € 31,974 | € 52,701 | € 30,119 | € 121,839 | ▲ € 91,721 |
| Total debts | € 549,719 | € 417,457 | € 461,543 | € 1,812,133 | ▲ 293% |
| Cash | € 39 | € 578 | € 808 | € 353 | ▼ 56% |
| Retained profit | € 26,974 | € 47,701 | € 25,119 | € 116,839 | ▲ € 91,721 |
| Bank debt | € 306,950 | € 244,196 | € 176,071 | € 1,715,528 | ▲ € 1.5 million |
| Balance sheet total | € 581,693 | € 470,158 | € 491,662 | € 1,933,972 | ▲ 293% |
Key figures of GMT COATINGS, 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 GMT COATINGS?
What happened at GMT COATINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,721. filed late Source: NBB ↗
- New establishment in Liège. KBO
- Pino CARAMAZZA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,385 profit in 2022 to € 91,721 profit in 2025.
Paid € 35,491 in corporate taxes since 2022.
Best year ever: 2025, with € 91,721 profit.
Management
Behind GMT COATINGS is Pino CARAMAZZA. It owns 100% of ALTRA SA itself.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Rue de l'Avouerie 7
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ArcelorMittal Tailored Blanks Liège
€ 52.7 million revenue · 2025
ALTRA same network
€ 517,839 gross margin · 2025
ADVANCED COATING
€ 1.6 million gross margin · 2025
123CDI
€ 3.7 million revenue · 2025
EXPECT
€ 228,309 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.546.923
- VAT number
- BE 0737.546.923
- Registered office
- Rue de l'Avouerie 7, 4000 Liège
- Names & denominations
- GMT COATINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2019
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan