Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 12.9 to 8.4.
Financials
Financial year 2025
G & G CARS from Awans, company number BE0401392433, closed financial year 2025 with a result of € 847,116 after tax. For that financial year G & G CARS recorded revenue of € 17.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -352,302 to € 847,116. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.2 million
▲ 248% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 847,116
▲ still € 352,302 loss in 2024
Profit after tax over the fiscal year.
€ 214
▼ 93% 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 € 1.1 million.
People and assets in 2025
8.4
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 394,807
▼ 28% vs 2024
€ 47,000 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.
€ 114,907
▲ 50% 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.
€ 1.6 million
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 72,993
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,527,104 | € 39,845,008 | € 22,262,907 | € 17,454,479 | ▼ 22% |
| Profit after taxes | € 19,012 | € -387,197 | € -352,302 | € 847,116 | ▲ € 1.2 million |
| Equity | € 1,081,163 | € 693,966 | € 341,664 | € 1,188,780 | ▲ 248% |
| Total debts | € 7,008,920 | € 6,360,502 | € 4,979,099 | € 2,658,897 | ▼ 47% |
| Cash | € 93,575 | € 5,465 | € 3,077 | € 214 | ▼ 93% |
| Land & buildings | € 525,752 | € 505,022 | € 496,872 | € 4,700 | ▼ 99% |
| Retained profit | € 1,019,663 | € 632,466 | € 280,164 | € 1,127,280 | ▲ € 847,116 |
| Balance sheet total | € 8,090,083 | € 7,161,816 | € 5,320,764 | € 3,872,677 | ▼ 27% |
| Employees (FTE) | 13.5 | 12.9 | 9.7 | 8.4 | ▼ 1.3 |
Key figures of G & G CARS, 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 G & G CARS?
What happened at G & G CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Schyns P Management stepped down as director. NBB
- LGMS SRL stepped down as director. NBB
- G & G Holding stepped down as director. NBB
- GAS Management stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 847,116. Source: NBB ↗
- Schyns P Management became a director. NBB
- LGMS SRL became a director. NBB
- G & G Holding became a director. NBB
In short
From € 19,012 profit in 2022 to € 847,116 profit in 2025.
Paid € 149,815 in corporate taxes since 2022.
Best year ever: 2025, with € 847,116 profit.
Pays suppliers within 30 days on average.
Management
The stake of P. SCHYNS LIEGE-WAREMME comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
G & G CARSThe shares are held by G&G Holding (100%) and P. SCHYNS LIEGE-WAREMME (0.1%).
Directors
According to the 2025 annual accounts
Director · represented by Paul Schyns
Also active at: P. SCHYNS VERVIERS-EUPEN, P. SCHYNS LIEGE-WAREMME, IMMOBILIERE SCHYNS, P. SCHYNS NAMUR- HUY, G & G HOLDING, G & G PARTS
since 2024 · until 2030
Director · represented by Luc Gérardy
Also active at: P. SCHYNS VERVIERS-EUPEN, IMMOBILIERE DIDI AUTOMOBILES, Altis Group SA, P. SCHYNS LIEGE-WAREMME, P. SCHYNS NAMUR- HUY, ALTIS MOBILITY, G & G PARTS, IMMOBILIERE SCHYNS WAREMME +3 more
since 2024 · until 2030
Managing director · represented by Gisèle SCHYNS
Owns 0.1% via P. SCHYNS LIEGE-WAREMME
Also active at: P. SCHYNS VERVIERS-EUPEN, IMMOBILIERE DIDI AUTOMOBILES, Altis Group SA, P. SCHYNS LIEGE-WAREMME, P. SCHYNS NAMUR- HUY, ALTIS MOBILITY, G & G PARTS
since 2024 · until 2030
Managing director · represented by Gaetan SCHYNS
Also active at: P. SCHYNS VERVIERS-EUPEN, IMMOBILIERE DIDI AUTOMOBILES, Altis Group SA, P. SCHYNS LIEGE-WAREMME, IMMOBILIERE SCHYNS, P. SCHYNS NAMUR- HUY, KM COMPETITION, G & G HOLDING +6 more
since 2024 · until 2030
Shareholders
100%
P. SCHYNS LIEGE-WAREMME · holding of G & G Holding
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Estampage 5
4340 Awans
Chaussée de Marche(NN) 750
5100 Namur
Active since 1 November 1963
Chaussée de Marche(NN) 625
5100 Namur
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →P. SCHYNS LIEGE-WAREMME same network
€ 69.8 million revenue · 2025
IMMOBILIERE SCHYNS same network
€ 1.7 million gross margin · 2025
G & G HOLDING same network
€ 6.1 million revenue · 2025
UNITE SCHYNS
IMMOBILIERE SCHYNS WAREMME same network
€ 83,785 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.392.433
- VAT number
- BE 0401.392.433
- Registered office
- Rue de l'Estampage 5, 4340 Awans
- Names & denominations
- G & G CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1963
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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)