Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GARAGE VANDECASTEELE from Kortrijk, company number BE0419129872, closed financial year 2025 with a result of € -712,234 after tax. For that financial year GARAGE VANDECASTEELE recorded revenue of € 57.9 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € -280,790 to € -712,234. 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 July 23, 2026.
€ 4.9 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -712,234
▼ 154 % more loss than in 2024
Profit after tax over the fiscal year.
€ 197,356
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.5 million.
People and assets in 2025
70.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.8 million
▲ 8% vs 2024
€ 68,600 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.
€ 58,961
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▼ 19% vs 2024
€ 919,126 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5.6 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 670,690
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 73,693,862 | € 77,128,876 | € 57,993,719 | € 57,943,762 | |
| Profit after taxes | € 164,094 | € -58,898 | € -280,790 | € -712,234 | ▼ € 431,444 |
| Equity | € 3,693,217 | € 3,634,319 | € 5,686,678 | € 4,895,164 | ▼ 14% |
| Total debts | € 18,237,012 | € 26,458,905 | € 13,252,280 | € 12,995,565 | ▼ 2% |
| Cash | € 178,850 | € 398,470 | € 516,771 | € 197,356 | ▼ 62% |
| Land & buildings | € 4,040,255 | € 4,342,884 | € 4,300,754 | € 3,873,883 | ▼ 10% |
| Retained profit | € 3,631,217 | € 3,572,319 | € 5,259,028 | € 4,546,794 | ▼ 14% |
| Bank debt | € 2,386,921 | € 4,733,620 | € 4,356,996 | € 3,513,515 | ▼ 19% |
| Balance sheet total | € 22,109,370 | € 30,256,670 | € 19,126,260 | € 18,069,745 | ▼ 6% |
| Employees (FTE) | 51.4 | 51.6 | 70 | 70.6 | ▲ 0.6 |
Key figures of GARAGE VANDECASTEELE, fiscal years 2021 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 VANDECASTEELE?
What happened at GARAGE VANDECASTEELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NOEL VANDECASTEELE stepped down as director. NBB
- VANDECASTEELE NOEL EN BERNARD NV stepped down as director. NBB
- CORMAFIE Comm. VA stepped down as director. NBB
- CHRISTOPHE VANDECASTEELE stepped down as director. NBB
- DESUTTER MANAGEMENT BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 712,234. Source: NBB ↗
- NOEL VANDECASTEELE became a director. NBB
- VANDECASTEELE NOEL EN BERNARD NV became a director. NBB
In short
From € 164,094 profit in 2021 to € 712,234 loss in 2025.
Paid € 109,188 in corporate taxes since 2021.
Best year ever: 2021, with € 164,094 profit.
Pays suppliers within 37 days on average.
A new publication or filing at GARAGE VANDECASTEELE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of VANDECASTEELE NOEL & BERNARD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARAGE VANDECASTEELEThe shares are held by VANDECASTEELE NOEL & BERNARD (99.9%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
VANDECASTEELE NOEL EN BERNARD NV
Director · represented by NATHALIE VANDECASTEELE
Also active at: VANDECASTEELE TOURNAI, GARAGE DU HAINAUT VANDECASTEELE, AUTOMOTIVE PARTS LOGISTICS, BLOK INVEST, BELGIAN CAR PARTS, BCP INVEST, PARTS4CARS
since 2023 · until 2029
Director · represented by Steve CORYN
since 2023 · until 2029
CHRISTOPHE VANDECASTEELE
Managing director
Also active at: VANDECASTEELE TOURNAI, GARAGE DU HAINAUT VANDECASTEELE, CHRISTOPHE VANDECASTEELE, VANDECASTEELE NOEL & BERNARD
since 2023 · until 2029
Director · represented by Filip DESUTTER
Also active at: VANDECASTEELE TOURNAI, GARAGE DU HAINAUT VANDECASTEELE
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kuurnsesteenweg(Kor) 107
8500 Kortrijk
Menenstraat 66
8560 Wevelgem
Active since 19 July 2019
Menenstraat 155
8560 Wevelgem
Active since 4 January 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
- 0419.129.872
- VAT number
- BE 0419.129.872
- Registered office
- Kuurnsesteenweg(Kor) 107, 8500 Kortrijk
- Names & denominations
- GARAGE VANDECASTEELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 1979
- Peppol
- Active · Active since 26 Nov 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)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in onderdelen en accessoires van motorvoertuigen
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)
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