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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.8 to 9.2.
Financials
Financial year 2024
PACIFIC GARAGE TILKIN from Bassenge, company number BE0418324574, closed financial year 2024 with a result of € -98,937 after tax. For that financial year PACIFIC GARAGE TILKIN recorded a gross margin of € 287,510 and equity of € -471,811. Compared with financial year 2023, the result moved from € -157,057 to € -98,937. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.
€ -471,811
▼ € 98,937 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,937
▲ 37 % less loss than in 2023
Profit after tax over the fiscal year.
€ 104,597
▲ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -811,811.
People and assets in 2024
9.2
▼ 4.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 437,053
▼ 36% vs 2023
€ 47,500 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.
Debts at end 2024
€ 18,072
▼ 98% vs 2023
Loans from banks and other lenders, long and short.
€ 26,655
▼ 93% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,848
▼ 86% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 755,019 | € 602,776 | € 674,414 | € 287,510 | ▼ 57% |
| Profit after taxes | € -66,119 | € -277,855 | € -157,057 | € -98,937 | ▲ € 58,120 |
| Equity | € 62,037 | € -215,817 | € -372,874 | € -471,811 | ▼ € 98,937 |
| Total debts | € 1,419,982 | € 1,695,442 | € 1,710,937 | € 1,045,566 | ▼ 39% |
| Cash | € 212,325 | € 150,226 | € 87,151 | € 104,597 | ▲ 20% |
| Land & buildings | € 219,974 | € 167,828 | € 145,982 | € 44,621 | ▼ 69% |
| Retained profit | € -277,963 | € -555,817 | € -712,874 | € -811,811 | ▼ € 98,937 |
| Bank debt | € 748,238 | € 711,867 | € 846,731 | € 18,072 | ▼ 98% |
| Balance sheet total | € 1,498,888 | € 1,494,084 | € 1,351,912 | € 573,755 | ▼ 58% |
| Employees (FTE) | 14.5 | 14.8 | 13.6 | 9.2 | ▼ 4.4 |
Key figures of PACIFIC GARAGE TILKIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PACIFIC GARAGE TILKIN?
What happened at PACIFIC GARAGE TILKIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TW AUTOMOBILES SA stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 98,937. filed late Source: NBB ↗
- TW AUTOMOBILES SA became a director. NBB
- New establishment in Bassenge. KBO
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,119 loss in 2021 to € 98,937 loss in 2024.
Paid € 3,892 in corporate taxes since 2021.
On average € 31,300 of value added per employee in 2024.
Management
The stake of TW AUTOMOBILES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PACIFIC GARAGE TILKINThe shares are held by TW AUTOMOBILES (90.7%).
Directors
According to the 2024 annual accounts
Director · represented by Watrin THIERRY
since 2020 · until 2026
Shareholders
90.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Baudouin Premier 18
4690 Bassenge
Rue de Berneau 89
4600 Visé
Active since 3 May 1978
Rue de la Résistance 44 A
4690 Bassenge
Active since 6 August 1992
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.
Details
- Company number
- 0418.324.574
- VAT number
- BE 0418.324.574
- Registered office
- Rue Baudouin Premier 18, 4690 Bassenge
- Names & denominations
- PACIFIC GARAGE TILKIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 May 1978
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
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 vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Onderhoud en reparatie van auto's
Gespecialiseerde detailhandel in vaste en vloeibare brandstoffen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)