What does GARAGE VANHEES do?

GARAGE VANHEES is a market trader in Genk. Public Limited, started on 16 October 1979, 1 establishment.

What is the address of GARAGE VANHEES?

The registered office of GARAGE VANHEES is located at Wiemesmeerstraat 37, 3600 Genk.

Is GARAGE VANHEES still active?

Yes. According to the CBE (29 October 2026) GARAGE VANHEES is active, legal situation “Normale toestand”, started on 16 October 1979.

Is GARAGE VANHEES registered on Peppol?

Yes, GARAGE VANHEES is registered on the Peppol network with ID 0208:0419824215.

What is the enterprise number of GARAGE VANHEES?

The enterprise number of GARAGE VANHEES is BE0419824215.

When was GARAGE VANHEES founded?

GARAGE VANHEES was founded on 16 October 1979.

Who are the directors of GARAGE VANHEES?

According to the 2025 annual accounts, the directors of GARAGE VANHEES are: Remy Wouters, Arlusa, Codi Holding.

Is GARAGE VANHEES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 October 1979; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GARAGE VANHEES make in 2025?

GARAGE VANHEES posted a profit after taxes of € 139,079 in financial year 2025.

What is the revenue of GARAGE VANHEES?

In its most recent annual accounts (2025), GARAGE VANHEES reported revenue of € 6,638,722.

How much does an employee at GARAGE VANHEES earn?

The average wage cost per full-time employee at GARAGE VANHEES was € 65,700 in 2025: staff costs of € 407,606 for 6.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARAGE VANHEES have?

According to the 2025 annual accounts, GARAGE VANHEES has 6.2 full-time equivalents (FTE).

Does GARAGE VANHEES have a website?

Yes, GARAGE VANHEES has a website at covamo.be.

GARAGE VANHEES (Public Limited) - Genk - BE0419824215

Dossier GARAGE VANHEES, printed on 29 October 2026 from databakkes.be/en/0419824215/garage-vanhees. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GARAGE VANHEES from Genk, company number BE0419824215, closed financial year 2025 with a result of € 139,079 after tax. For that financial year GARAGE VANHEES recorded revenue of € 6.6 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 50,328 to € 139,079. Profitable, and profit is growing. 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 July 31, 2026.

What it is worth Growing

€ 1.5 million

▲ 10% vs 2024

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

Profit Growing

€ 139,079

▲ 176% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 223,497

▼ 38% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.2 million.

People and assets in 2025

Full-time equivalents

6.2

▲ 0.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 495,043 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 407,606

▲ 14% vs 2024

€ 65,700 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

€ 8,278

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 123,732

▲ 149% vs 2024

€ 29,027 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 388,655

▲ 74% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.

Taxes and wages

€ 70,013

▲ 22% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,129,900 Revenue 2022: € 6,129,900 First fiscal year in the series	€ 8,058,180 Revenue 2023: € 8,058,180 ▲ 31% vs 2022 (€ 6,129,900) Favourable step	€ 8,196,665 Revenue 2024: € 8,196,665 ▲ 2% vs 2023 (€ 8,058,180) Favourable step	€ 6,638,722 Revenue 2025: € 6,638,722 ▼ 19% vs 2024 (€ 8,196,665) Unfavourable step	▼ 19%
Profit after taxes	€ 189,086 Profit after taxes 2022: € 189,086 First fiscal year in the series	€ 164,636 Profit after taxes 2023: € 164,636 ▼ 13% vs 2022 (€ 189,086) Unfavourable step	€ 50,328 Profit after taxes 2024: € 50,328 ▼ 69% vs 2023 (€ 164,636) Unfavourable step	€ 139,079 Profit after taxes 2025: € 139,079 ▲ 176% vs 2024 (€ 50,328) Favourable step	▲ 176%
Equity	€ 1,137,246 Equity 2022: € 1,137,246 First fiscal year in the series	€ 1,301,882 Equity 2023: € 1,301,882 ▲ 14% vs 2022 (€ 1,137,246) Favourable step	€ 1,352,210 Equity 2024: € 1,352,210 ▲ 4% vs 2023 (€ 1,301,882) Favourable step	€ 1,491,288 Equity 2025: € 1,491,288 ▲ 10% vs 2024 (€ 1,352,210) Favourable step	▲ 10%
Total debts	€ 910,937 Total debts 2022: € 910,937 First fiscal year in the series	€ 1,102,595 Total debts 2023: € 1,102,595 ▲ 21% vs 2022 (€ 910,937) Unfavourable step	€ 337,258 Total debts 2024: € 337,258 ▼ 69% vs 2023 (€ 1,102,595) Favourable step	€ 582,401 Total debts 2025: € 582,401 ▲ 73% vs 2024 (€ 337,258) Unfavourable step	▲ 73%
Cash	€ 188,776 Cash 2022: € 188,776 First fiscal year in the series	€ 218,678 Cash 2023: € 218,678 ▲ 16% vs 2022 (€ 188,776) Favourable step	€ 360,431 Cash 2024: € 360,431 ▲ 65% vs 2023 (€ 218,678) Favourable step	€ 223,497 Cash 2025: € 223,497 ▼ 38% vs 2024 (€ 360,431) Unfavourable step	▼ 38%
Land & buildings	€ 503,685 Land & buildings 2022: € 503,685 First fiscal year in the series	€ 488,715 Land & buildings 2023: € 488,715 ▼ 3% vs 2022 (€ 503,685) Unchanged	€ 474,976 Land & buildings 2024: € 474,976 ▼ 3% vs 2023 (€ 488,715) Unchanged	€ 469,700 Land & buildings 2025: € 469,700 ▼ 1% vs 2024 (€ 474,976) Unchanged	▼ 1%
Retained profit	€ 889,352 Retained profit 2022: € 889,352 First fiscal year in the series	€ 1,053,988 Retained profit 2023: € 1,053,988 ▲ 19% vs 2022 (€ 889,352) Favourable step	€ 1,104,316 Retained profit 2024: € 1,104,316 ▲ 5% vs 2023 (€ 1,053,988) Favourable step	€ 1,243,394 Retained profit 2025: € 1,243,394 ▲ 13% vs 2024 (€ 1,104,316) Favourable step	▲ 13%
Bank debt	€ 118,701 Bank debt 2022: € 118,701 First fiscal year in the series	€ 80,573 Bank debt 2023: € 80,573 ▼ 32% vs 2022 (€ 118,701) Favourable step	€ 49,685 Bank debt 2024: € 49,685 ▼ 38% vs 2023 (€ 80,573) Favourable step	€ 123,732 Bank debt 2025: € 123,732 ▲ 149% vs 2024 (€ 49,685) Unfavourable step	▲ 149%
Balance sheet total	€ 2,048,183 Balance sheet total 2022: € 2,048,183 First fiscal year in the series	€ 2,404,477 Balance sheet total 2023: € 2,404,477 ▲ 17% vs 2022 (€ 2,048,183) Unchanged	€ 1,689,467 Balance sheet total 2024: € 1,689,467 ▼ 30% vs 2023 (€ 2,404,477) Unchanged	€ 2,073,689 Balance sheet total 2025: € 2,073,689 ▲ 23% vs 2024 (€ 1,689,467) Unchanged	▲ 23%
Employees (FTE)	4.8 Employees (FTE) 2022: 4.8 First fiscal year in the series	5 Employees (FTE) 2023: 5 ▲ 0.2 vs 2022 (4.8) Unchanged	5.4 Employees (FTE) 2024: 5.4 ▲ 0.4 vs 2023 (5) Unchanged	6.2 Employees (FTE) 2025: 6.2 ▲ 0.8 vs 2024 (5.4) Unchanged	▲ 0.8

Key figures of GARAGE VANHEES, 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 VANHEES?

What happened at GARAGE VANHEES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Remy Wouters stepped down as director. NBB
2029 Arlusa stepped down as director. NBB
2029 Codi Holding stepped down as director. NBB
Jul 31, 2026 New annual accounts for financial year 2025: profit of € 139,079 (▲ 176% vs 2024). Source: NBB ↗
2023 Remy Wouters became a director. NBB
2023 Arlusa became a director. NBB
2023 Codi Holding became a director. NBB
Nov 1, 1979 New establishment in Genk. KBO

In short

From € 189,086 profit in 2022 to € 139,079 profit in 2025.

Paid € 191,999 in corporate taxes since 2022.

Best year ever: 2022, with € 189,086 profit.

Pays suppliers within 22 days on average.

Original PDFs at the National Bank ↗

Management

GARAGE VANDUFFEL 21.3%

CODI HOLDING 21.3%

WVC 8.8%

The stake of GARAGE VANDUFFEL, CODI HOLDING, WVC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GARAGE VANHEES

Covamo 12.5%

WVC 10.5%

The shares are held by GARAGE VANDUFFEL (21.3%), CODI HOLDING (21.3%) and WVC (8.8%). It owns 12.5% of Covamo and 10.5% of WVC itself.

Directors

According to the 2025 annual accounts

Remy Wouters

Director

Also active at: GARAGE WOUTERS TESTELT, AUTO-VERHUUR WOUTERS, Garage TEUNKENS, GARAGE WOUTERS BEGIJNENDIJK, TOYOTA DIEST, REWOUT, WVC

since 2023 · until 2029

Arlusa

Managing director · represented by Jan Jehoul

Also active at: AUTOBEDRIJF KIEWIT HASSELT, COVAMO

since 2023 · until 2029

Codi Holding

Director · represented by Jan Cools

Also active at: AUTOBEDRIJF KIEWIT HASSELT, GARAGE COOLS, GARAGE COOLS, Garage TEUNKENS, TOYOTA DIEST, IMMO TURNHOUTSEBAAN, IMMO SOEF, COVAMO +1 more

since 2023 · until 2029

Shareholders

GARAGE VANDUFFEL

21.3%

CODI HOLDING

21.3%

WVC

8.8%

Participations

Covamo

12.5%

WVC

10.5%

Establishments

Establishment units

Physical locations of this company

Registered office

Wiemesmeerstraat 37

3600 Genk

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

Website

HTTPS covamo.be

About

Technologies

Cloudflare CDNJSFont AwesomeGoogle FontsGoogle Tag ManagerNginxPHPconcrete5jQueryjQuery UI

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

DNS

TransIP DNS

Website info

HTTPS Ja

Indexable pages 38

Languages NL

Features

Jobs Ads Contact page

Security

✓ HTTPS

✗ SPF

✓ DMARC

Details

Company number

0419.824.215

VAT number

BE 0419.824.215

Registered office

Wiemesmeerstraat 37, 3600 Genk

Names & denominations

GARAGE VANHEES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 October 1979

Peppol

Active · Active since 20 May 2026

Contact

covamo.be

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)

Onderhoud en reparatie van auto's

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

View on CBE Public ↗ Annual accounts (NBB) ↗

GARAGE VANHEES

Financials

What happened to GARAGE VANHEES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions