Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Garage Auto-Palace from Wetteren, company number BE0400122624, closed financial year 2025 with a result of € 935,029 after tax. For that financial year Garage Auto-Palace recorded a gross margin of € 990,000 and equity of € 448,349. Compared with financial year 2024, the result moved from € -16,352 to € 935,029. Profitable, and profit is growing. 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 May 5, 2026.
€ 448,349
▲ € 935,029 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 935,029
▲ still € 16,352 loss in 2024
Profit after tax over the fiscal year.
€ 81,603
▼ 18% 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 € 429,757.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 499
Supplier invoices still open on the last day of the fiscal year.
€ 44,860
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 | € -69,781 | € -2,203 | € -76,081 | € 990,000 | ▲ € 1.1 million |
| Profit after taxes | € -70,141 | € -26,735 | € -16,352 | € 935,029 | ▲ € 951,381 |
| Equity | € -443,594 | € -470,329 | € -486,680 | € 448,349 | ▲ € 935,029 |
| Total debts | € 647,484 | € 649,222 | € 652,908 | € 693,993 | ▲ 6% |
| Cash | € 116,306 | € 105,952 | € 100,064 | € 81,603 | ▼ 18% |
| Land & buildings | € 52,207 | € 51,637 | € 51,151 | € 0 | ▼ 100% |
| Retained profit | € -462,186 | € -488,921 | € -505,272 | € 429,757 | ▲ € 935,029 |
| Balance sheet total | € 203,890 | € 178,893 | € 166,228 | € 1,142,341 | ▲ € 976,114 |
Key figures of Garage Auto-Palace, 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 Garage Auto-Palace?
What happened at Garage Auto-Palace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 935,029. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wetteren. KBO
In short
From € 70,141 loss in 2022 to € 935,029 profit in 2025.
Paid € 44,860 in corporate taxes since 2022.
Best year ever: 2025, with € 935,029 profit.
Management
Behind Garage Auto-Palace is Eric De Wolf.
Directors
According to the 2025 annual accounts
Eric De Wolf
Director
Establishments
Establishment units
Physical locations of this company
Prinses Jos. Charlottelaan 10 box A001
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.122.624
- VAT number
- BE 0400.122.624
- Registered office
- Prinses Jos. Charlottelaan 10 bus A001, 9230 Wetteren
- Names & denominations
- Garage Auto-Palace
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1963
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Kleinhandel in onderdelen en accessoires van auto's
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)