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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Garage KOCKELMANN from Stavelot, company number BE0414897209, closed financial year 2025 with a result of € -26,521 after tax. For that financial year Garage KOCKELMANN recorded a gross margin of € 430,745 and equity of € 444,433. Compared with financial year 2024, the result moved from € -3,855 to € -26,521. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 444,433
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,521
▼ 588 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41,659
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 425,841.
People and assets in 2025
6.7
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 313,947
▲ 28% vs 2024
€ 46,900 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.
€ 50,154
▲ 102% vs 2024
Of which on lease € 35,017.
Debts at end 2025
€ 795,472
▲ 12% vs 2024
€ 82,977 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 878,504
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,572
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,981 | € 428,001 | € 369,081 | € 430,745 | ▲ 17% |
| Profit after taxes | € 88,048 | € 103,307 | € -3,855 | € -26,521 | ▼ € 22,667 |
| Equity | € 371,502 | € 474,809 | € 470,955 | € 444,433 | ▼ 6% |
| Total debts | € 1,139,095 | € 1,457,723 | € 1,936,591 | € 1,772,597 | ▼ 8% |
| Cash | € 65,185 | € 61,771 | € 68,553 | € 41,659 | ▼ 39% |
| Land & buildings | € 686,330 | € 666,302 | € 719,979 | € 698,819 | ▼ 3% |
| Retained profit | € 352,910 | € 456,217 | € 452,363 | € 425,841 | ▼ 6% |
| Bank debt | € 566,324 | € 620,196 | € 708,445 | € 795,472 | ▲ 12% |
| Balance sheet total | € 1,510,598 | € 1,932,532 | € 2,407,546 | € 2,217,030 | ▼ 8% |
| Employees (FTE) | 2.4 | 4.6 | 6 | 6.7 | ▲ 0.7 |
Key figures of Garage KOCKELMANN, 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 KOCKELMANN?
What happened at Garage KOCKELMANN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,521. Source: NBB ↗
- Ludovic Kockelmann became a director. NBB
- New establishment in Stavelot. KBO
- Roger Kockelmann became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 88,048 profit in 2022 to € 26,521 loss in 2025.
Paid € 20,198 in corporate taxes since 2022.
Best year ever: 2023, with € 103,307 profit.
On average € 64,300 of value added per employee in 2025.
Management
Behind Garage KOCKELMANN are Ludovic Kockelmann and Roger Kockelmann.
Directors
According to the 2025 annual accounts
Ludovic Kockelmann
Director
since 2019
Roger Kockelmann
Director
since 1974
Establishments
Establishment units
Physical locations of this company
Rue de Spa 193
4970 Stavelot
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.897.209
- VAT number
- BE 0414.897.209
- Registered office
- Rue de Spa 193, 4970 Stavelot
- Names & denominations
- Garage KOCKELMANN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1974
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
Vervaardiging van machines en werktuigen voor de landbouw en de bosbouw
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Vervaardiging van carrosserieën voor motorvoertuigen
Vervaardiging en assemblage van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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