Active · per the CBE, 25 September 2026

GARAGE MARCEL VERHELST EN ZOON

BE0405230663

Rechtspersoon Private limited company 2 establishments

GARAGE MARCEL VERHELST EN ZOON is a market trader in Tielt. Private Limited, started on 1 October 1965, 2 establishments.

Lammersakker 18, 8700 Tielt

Behind the company: Gico Invest BV.

Active for

60 year, 11 months

Financials

Financial year 2025

GARAGE MARCEL VERHELST EN ZOON from Tielt, company number BE0405230663, closed financial year 2025 with a result of € 447,087 after tax. For that financial year GARAGE MARCEL VERHELST EN ZOON recorded revenue of € 23.5 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 554,173 to € 447,087. The company is profitable. 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 March 20, 2026.

What it is worth Growing

€ 4.6 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 447,087

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.2 million

▲ 145% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 145,000 paid out

32 % of the profit went to the shareholders, mostly to Gico Invest (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

19.5

▲ 1.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.6 million

▲ 26% vs 2024

€ 81,500 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.

Vehicles and equipment

€ 201,324

▼ 48% vs 2024

Of which on lease € 32,055.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 270,364

▼ 19% vs 2024

€ 64,226 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.2 million

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.

Taxes and wages

€ 269,090

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 26,090,695 € 35,673,096 € 24,049,342 € 23,485,380 ▼ 2%
Profit after taxes € 475,273 € 431,205 € 554,173 € 447,087 ▼ 19%
Equity € 3,598,551 € 3,909,756 € 4,318,930 € 4,621,017 ▲ 7%
Total debts € 4,401,683 € 6,879,839 € 3,088,181 € 2,473,284 ▼ 20%
Cash € 1,426,072 € 1,615,703 € 912,890 € 2,238,418 ▲ 145%
Retained profit € 3,582,358 € 3,893,563 € 4,302,737 € 4,604,824 ▲ 7%
Dividend € 120,000 € 120,000 € 145,000 € 145,000
Bank debt € 1,547,962 € 1,995,074 € 333,660 € 270,364 ▼ 19%
Balance sheet total € 8,000,234 € 10,789,596 € 7,407,111 € 7,094,301 ▼ 4%
Employees (FTE) 19.9 17.8 17.9 19.5 ▲ 1.6

Key figures of GARAGE MARCEL VERHELST EN ZOON, 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 March 2027.

What happened to GARAGE MARCEL VERHELST EN ZOON?

What happened at GARAGE MARCEL VERHELST EN ZOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 447,087 (▼ 19% vs 2024). Source: NBB ↗
  • New establishment in Tielt. KBO
  • New establishment in Tielt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 475,273 profit in 2022 to € 447,087 profit in 2025.

Paid € 564,161 in corporate taxes since 2022.

Best year ever: 2024, with € 554,173 profit.

Paid out € 530,000 in dividends to the owners in total.

Management

The stake of Gico Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GARAGE MARCEL VERHELST EN ZOON

Behind GARAGE MARCEL VERHELST EN ZOON is Gico Invest BV. The shares are held by Gico Invest (100%).

See the full network in the app

Directors

According to the 2025 annual accounts

Gico Invest BV

Director · represented by Peter Verhelst

Also active at: TRAXXION GROUP, BLOK INVEST, TRAXXION PARTS

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lammersakker 18

8700 Tielt

2.324.039.034

Tenhovestraat 20

8700 Tielt

Active since 1 November 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0405.230.663
VAT number
BE 0405.230.663
Registered office
Lammersakker 18, 8700 Tielt
Names & denominations
GARAGE MARCEL VERHELST EN ZOON
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 October 1965
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Frequently asked questions

What does GARAGE MARCEL VERHELST EN ZOON do?
GARAGE MARCEL VERHELST EN ZOON is a market trader in Tielt. Private Limited, started on 1 October 1965, 2 establishments.
What is the address of GARAGE MARCEL VERHELST EN ZOON?
The registered office of GARAGE MARCEL VERHELST EN ZOON is located at Lammersakker 18, 8700 Tielt.
Is GARAGE MARCEL VERHELST EN ZOON still active?
Yes. According to the CBE (25 September 2026) GARAGE MARCEL VERHELST EN ZOON is active, legal situation “Normale toestand”, started on 1 October 1965.
Is GARAGE MARCEL VERHELST EN ZOON registered on Peppol?
Yes, GARAGE MARCEL VERHELST EN ZOON is registered on the Peppol network with ID 0208:0405230663.
What is the enterprise number of GARAGE MARCEL VERHELST EN ZOON?
The enterprise number of GARAGE MARCEL VERHELST EN ZOON is BE0405230663.
When was GARAGE MARCEL VERHELST EN ZOON founded?
GARAGE MARCEL VERHELST EN ZOON was founded on 1 October 1965.