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 13 % of short-term debt in 2024; 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 2024
GMT COATINGS from Liège, company number BE0737546923, closed financial year 2024 with a result of € -22,582 after tax. For that financial year GMT COATINGS recorded a gross margin of € 18,960 and equity of € 30,119. Compared with financial year 2023, the result moved from € 20,727 to € -22,582. 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 June 27, 2025.
€ 30,119
▼ 43% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,582
▼ still € 20,727 profit in 2023
Profit after tax over the fiscal year.
€ 808
▲ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 25,119.
People and assets in 2024
€ 16,402
▼ 79% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 176,071
▼ 28% vs 2023
€ 126,197 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 50,502
▲ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 63,004
▼ 57% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 320,164 | € 178,461 | € 120,599 | € 18,960 | ▼ 84% |
| Profit after taxes | € 4,917 | € 23,385 | € 20,727 | € -22,582 | ▼ € 43,309 |
| Equity | € 8,588 | € 31,974 | € 52,701 | € 30,119 | ▼ 43% |
| Total debts | € 333,855 | € 549,719 | € 417,457 | € 461,543 | ▲ 11% |
| Cash | € 60,362 | € 39 | € 578 | € 808 | ▲ 40% |
| Retained profit | € 3,588 | € 26,974 | € 47,701 | € 25,119 | ▼ 47% |
| Bank debt | € 113,720 | € 306,950 | € 244,196 | € 176,071 | ▼ 28% |
| Balance sheet total | € 342,444 | € 581,693 | € 470,158 | € 491,662 | ▲ 5% |
Key figures of GMT COATINGS, 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 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 2024: loss of € 22,582 (▼ € 43,309 vs 2023). 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 € 4,917 profit in 2021 to € 22,582 loss in 2024.
Paid € 32,288 in corporate taxes since 2021.
Best year ever: 2022, with € 23,385 profit.
A new publication or filing at GMT COATINGS? We notify you, reason included.
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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 GMT COATINGS is Pino CARAMAZZA. It owns 100% of ALTRA SA itself.
Directors
According to the 2024 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