About Garmat
Garmat is a public limited company (NV/SA) based in Erpe-Mere, founded in 2008. Its main activity is classified as "Vervaardiging van toestellen voor het spuiten van vloeistoffen of poeder, inclusief brandblusapparaten". For the 2026 financial year, Garmat reported a loss of €847,874. The loss is smaller than in 2025, when it was €1 million. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1.2 million, up 14% on 2025. It employed an average of 26.1 full-time equivalents. Equity stands at €175,469, a solvency ratio of 5.8%. In 2010 it was €463,905. 17 annual accounts are available, covering 2010 to 2026.
- Signals
-
Reporting lossesReporting losses € -848K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -773KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -756KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 175KStrong equity provides a buffer against setbacks.
Good liquidityGood liquidity 2.54A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Healthy social debtHealthy social debt 14.3%Social debts stay manageable relative to personnel costs.
- Shareholders
- Cxo Services 100%
Financial ratios
|
|
2026
|
2025
|
2024
|
2023
|
|---|---|---|---|---|
|
€
1.25M
|
€
1.10M
|
€
2.35M
|
€
1.99M
|
|
|
€
-756K
|
€
-917K
|
€
292K
|
€
103K
|
|
|
€
-848K
|
€
-1.01M
|
€
31K
|
€
-49K
|
|
|
€
175K
|
€
23K
|
€
1.03M
|
€
998K
|
|
|
5.83%
|
0.52%
|
35.17%
|
37.03%
|
|
|
€
2.67M
|
€
4.34M
|
€
1.77M
|
€
1.58M
|
|
|
€
1.21M
|
€
375K
|
€
321K
|
€
500K
|
|
|
26.10
|
|
28.30
|
31.40
|
Publications 18
All publications- Ontslagen - Benoemingen 01/08/2024
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Ontslagen - Benoemingen 05/01/2024
- Ontslagen - Benoemingen 20/10/2020
- Ontslagen - Benoemingen 04/02/2020
- Ontslagen - Benoemingen 17/06/2019
Frequently asked questions
Answers to the most common questions about Garmat, based on official government data and the filed annual accounts.
What is the VAT number of Garmat?
The VAT number of Garmat is BE0897.795.772.
How many employees work at Garmat?
In 2026, Garmat employed 26.10 full-time equivalents (FTE).
When was Garmat established?
Garmat was founded in 08-05-2008.
What is the official address of Garmat?
The official address of Garmat is Joseph Cardijnstraat 42 Erpe-Mere 9420.
What is the legal form of Garmat?
The juridical form of Garmat is Public limited company (NV/SA).
What is the annual revenue of Garmat?
The 2026 accounts of Garmat do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Garmat a reliable company?
Garmat is a registered Rechtspersoon with company number 0897.795.772 and can be verified through the official CBE database.
What is the credit limit of Garmat?
The estimated credit limit of Garmat is €7,238.
Is Garmat still active?
Garmat currently has the status "Normal situation" and is active.