Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.8 to 3.4.
Financials
Financial year 2025
Garage Gilbert from Zulte, company number BE0401023140, closed financial year 2025 with a result of € 24,567 after tax. For that financial year Garage Gilbert recorded a gross margin of € 284,885 and equity of € 242,376. Compared with financial year 2024, the result moved from € 11,230 to € 24,567. 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 June 17, 2026.
€ 242,376
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,567
▲ 119% vs 2024
Profit after tax over the fiscal year.
€ 95,424
▲ 3% 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 € 142,376.
People and assets in 2025
3.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 210,789
▼ 5% vs 2024
€ 62,000 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.
€ 24,374
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 49,905
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,424
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 283,667 | € 250,972 | € 271,785 | € 284,885 | ▲ 5% |
| Profit after taxes | € 50,440 | € 3,203 | € 11,230 | € 24,567 | ▲ 119% |
| Equity | € 303,375 | € 206,579 | € 217,808 | € 242,376 | ▲ 11% |
| Total debts | € 193,135 | € 245,586 | € 272,182 | € 269,777 | ▼ 1% |
| Cash | € 65,451 | € 62,435 | € 92,466 | € 95,424 | ▲ 3% |
| Retained profit | € 203,375 | € 106,579 | € 117,808 | € 142,376 | ▲ 21% |
| Dividend | € 0 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 6,661 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 496,511 | € 452,164 | € 489,991 | € 512,152 | ▲ 5% |
| Employees (FTE) | 4.2 | 3.8 | 3.7 | 3.4 | ▼ 0.3 |
Key figures of Garage Gilbert, 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 Gilbert?
What happened at Garage Gilbert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Piet Gilbert stepped down as director. NBB
- Dirk Gilbert Comm.V stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 24,567 (▲ 119% vs 2024). Source: NBB ↗
- Maria De Baere stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Zulte. KBO
In short
From € 50,440 profit in 2022 to € 24,567 profit in 2025.
Paid € 26,999 in corporate taxes since 2022.
Best year ever: 2022, with € 50,440 profit.
On average € 83,800 of value added per employee in 2025.
Management
The stake of GILBERT - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Garage GilbertThe shares are held by GILBERT - INVEST (100%).
Directors
According to the 2025 annual accounts
Piet Gilbert
Managing director
· until 2032
Managing director · represented by Dirk Gilbert
· until 2032
Maria De Baere
Director
· until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Staatsbaan 59
9870 Zulte
Staatsbaan 59 box 6
9870 Zulte
Active since 1 January 1960
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0401.023.140
- VAT number
- BE 0401.023.140
- Registered office
- Staatsbaan 59, 9870 Zulte
- Names & denominations
- Garage Gilbert
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 16 Oct 2025
- Contact
- garage-gilbert.be 09 388 86 45
- Activities · NACE
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