Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15 to 12.9.
Financials
Financial year 2025
GARAGE DE MEY from Maldegem, company number BE0420492030, closed financial year 2025 with a result of € 414,113 after tax. For that financial year GARAGE DE MEY recorded revenue of € 12.2 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 324,816 to € 414,113. 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 7, 2026.
€ 6.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 414,113
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 567,700
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12.9
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 922,915
▼ 30% vs 2024
€ 71,500 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.
€ 12,025
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 82,626
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 99,242
▼ 66% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,635,702 | € 12,811,656 | € 12,575,903 | € 12,225,971 | ▼ 3% |
| Profit after taxes | € 109,524 | € 341,713 | € 324,816 | € 414,113 | ▲ 27% |
| Equity | € 4,373,786 | € 6,546,617 | € 6,571,433 | € 6,585,546 | |
| Total debts | € 2,742,460 | € 866,190 | € 707,195 | € 993,690 | ▲ 41% |
| Cash | € 1,555,786 | € 1,142,347 | € 1,341,256 | € 567,700 | ▼ 58% |
| Land & buildings | € 1,365,916 | € 1,084,122 | € 1,166,087 | € 1,212,708 | ▲ 4% |
| Retained profit | € 4,355,186 | € 6,138,982 | € 6,163,798 | € 6,177,911 | |
| Dividend | € 0 | € 160,000 | € 300,000 | € 400,000 | ▲ 33% |
| Bank debt | € 350,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 7,116,246 | € 7,447,779 | € 7,313,599 | € 7,614,208 | ▲ 4% |
| Employees (FTE) | 14.2 | 15 | 13.6 | 12.9 | ▼ 0.7 |
Key figures of GARAGE DE MEY, 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 DE MEY?
What happened at GARAGE DE MEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 414,113 (▲ 27% vs 2024). Source: NBB ↗
- OLIVIER DE MEY became a director. NBB
- KIMBERLEY DE MEY became a director. NBB
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,524 profit in 2022 to € 414,113 profit in 2025.
Paid € 397,380 in corporate taxes since 2022.
Best year ever: 2025, with € 414,113 profit.
Paid out € 860,000 in dividends to the owners in total.
A new publication or filing at GARAGE DE MEY? 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
Behind GARAGE DE MEY are OLIVIER DE MEY, BRIGITTE WILLE, GIOVANNI DE MEY and KIMBERLEY DE MEY. The shares are held by Giovanni De Mey (45.2%), Olivier De Mey (20%), Kimberley De Mey (20%) and Brigitte Wille (14.8%).
Directors
According to the 2025 annual accounts
OLIVIER DE MEY
Director
Owns 20% directly
since 2025
BRIGITTE WILLE
Director
Owns 14.8% directly
GIOVANNI DE MEY
Director
Owns 45.2% directly
KIMBERLEY DE MEY
Director
Owns 20% directly
since 2025
Shareholders
Giovanni De Mey · director
45.2%
Olivier De Mey · director
20%
Kimberley De Mey · director
20%
Brigitte Wille · director
14.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Leopoldlaan 8A
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0420.492.030
- VAT number
- BE 0420.492.030
- Registered office
- Koning Leopoldlaan 8A, 9990 Maldegem
- Names & denominations
- GARAGE DE MEY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1980
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- garagedemey.be
- Activities · NACE
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