Financials
Financial year 2025
GMTH from Hannut, company number BE0760792873, closed financial year 2025 with a result of € 2,375 after tax. For that financial year GMTH recorded a gross margin of € 14,949 and equity of € 1,500. Compared with financial year 2024, the result moved from € 34,140 to € 2,375. The company is profitable. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 1,500
▼ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,375
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 8,362
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,016 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,856
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,920
€ 6,195 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 16,258
▲ € 12,874 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,258
▼ 80% 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 | € -7,535 | € 8,301 | € 55,035 | € 14,949 | ▼ 73% |
| Profit after taxes | € -13,896 | € -3,656 | € 34,140 | € 2,375 | ▼ 93% |
| Equity | € -17,911 | € -21,567 | € 11,141 | € 1,500 | ▼ 87% |
| Total debts | € 24,261 | € 34,495 | € 40,802 | € 63,451 | ▲ 56% |
| Cash | € 322 | € 2,482 | € 14,429 | € 8,362 | ▼ 42% |
| Retained profit | € -19,411 | € -23,067 | € 9,641 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 1,432 | € 12,016 | ▲ € 10,584 |
| Bank debt | € 0 | € 0 | € 0 | € 30,920 | |
| Balance sheet total | € 6,350 | € 12,927 | € 51,942 | € 64,951 | ▲ 25% |
Key figures of GMTH, 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 GMTH?
What happened at GMTH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,375 (▼ 93% vs 2024). filed late Source: NBB ↗
- New establishment in Evere. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,896 loss in 2022 to € 2,375 profit in 2025.
Paid € 14,958 in corporate taxes since 2022.
Best year ever: 2024, with € 34,140 profit.
Paid out € 13,447 in dividends to the owners in total.
Management
Behind GMTH is Martin Magali.
Directors
According to the 2025 annual accounts
Martin Magali
Director
Establishments
Establishment units
Physical locations of this company
Rue du Milieu (PT HT) 6
4280 Hannut
Herdersliedgaarde 13 box 402
1140 Evere
Active since 4 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.792.873
- VAT number
- BE 0760.792.873
- Registered office
- Rue du Milieu (PT HT) 6, 4280 Hannut
- Names & denominations
- GMTH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2021
- Peppol
- Active · Active since 9 Sept 2026
- Contact
- [email protected]
- Activities · NACE
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