Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 5.5 to 4.
Financials
Financial year 2025
Garage Central Ninove from Ninove, company number BE0400298214, closed financial year 2025 with a result of € -22,250 after tax. For that financial year Garage Central Ninove recorded a gross margin of € 293,224 and equity of € 1 million. Compared with financial year 2024, the result moved from € -235,501 to € -22,250. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,250
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 54,782
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 642,461.
People and assets in 2025
4
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 217,946
▼ 27% vs 2024
€ 54,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 875
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 648,583
▼ 7% vs 2024
€ 443,030 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 40,193
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 361,490 | € 435,025 | € 179,780 | € 293,224 | ▲ 63% |
| Profit after taxes | € -64,258 | € 2,339 | € -235,501 | € -22,250 | ▲ € 213,251 |
| Equity | € 1,282,947 | € 1,285,286 | € 1,049,785 | € 1,027,534 | ▼ 2% |
| Total debts | € 1,227,423 | € 1,340,331 | € 1,197,291 | € 1,181,437 | ▼ 1% |
| Cash | € 59,993 | € 69,198 | € 65,703 | € 54,782 | ▼ 17% |
| Land & buildings | € 738,018 | € 703,508 | € 673,469 | € 643,680 | ▼ 4% |
| Retained profit | € 887,690 | € 893,424 | € 661,317 | € 642,461 | ▼ 3% |
| Bank debt | € 550,639 | € 736,984 | € 700,113 | € 648,583 | ▼ 7% |
| Balance sheet total | € 2,510,370 | € 2,625,617 | € 2,247,075 | € 2,208,972 | ▼ 2% |
| Employees (FTE) | 5.5 | 5.5 | 5.4 | 4 | ▼ 1.4 |
Key figures of Garage Central Ninove, 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 Central Ninove?
What happened at Garage Central Ninove in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,250. filed late Source: NBB ↗
- Pascal Carael became a director. NBB
- Chris Carael became a director. NBB
- Patrick Carael became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
In short
From € 64,258 loss in 2022 to € 22,250 loss in 2025.
Paid € 653 in corporate taxes since 2022.
Best year ever: 2023, with € 2,339 profit.
On average € 73,300 of value added per employee in 2025.
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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 Garage Central Ninove are Pascal Carael, Chris Carael and Patrick Carael. Patrick Carael is also behind Autonoom Gemeentebedrijf Ninove.
Directors
According to the 2025 annual accounts
Pascal Carael
Manager
since 2011
Chris Carael
Manager
since 2011
since 2011
Establishments
Establishment units
Physical locations of this company
Désiré De Bodtkaai 19
9400 Ninove
Statiestraat 90
1740 Ternat
Active since 1 July 1965
Désiré De Bodtkaai 19 box 2
9400 Ninove
Active since 1 June 1943
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.298.214
- VAT number
- BE 0400.298.214
- Registered office
- Désiré De Bodtkaai 19, 9400 Ninove
- Names & denominations
- Garage Central Ninove
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 1943
- Peppol
- Active · Active since 12 Mar 2026
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)