Financials
Financial year 2025
GARAGE KELGTERMANS from Lommel, company number BE0424216137, closed financial year 2025 with a result of € 274,537 after tax. For that financial year GARAGE KELGTERMANS recorded a gross margin of € 977,001 and equity of € 953,963. Compared with financial year 2024, the result moved from € 166,954 to € 274,537. 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.
€ 953,963
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 274,537
▲ 64% vs 2024
Profit after tax over the fiscal year.
€ 639,043
▲ 214% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
36 % of the profit went to the shareholders, mostly to Kelgtermans M & B (100 % of the shares). That is where the money ends up.
People and assets in 2025
6.9
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 552,424
▲ 16% vs 2024
€ 80,100 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.
€ 7,685
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 311,415
▼ 7% vs 2024
€ 24,455 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 481,105
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 162,881
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 524,754 | € 542,269 | € 752,883 | € 977,001 | ▲ 30% |
| Profit after taxes | € 20,944 | € 99,881 | € 166,954 | € 274,537 | ▲ 64% |
| Equity | € 667,592 | € 662,472 | € 779,426 | € 953,963 | ▲ 22% |
| Total debts | € 836,491 | € 1,176,521 | € 1,063,000 | € 1,091,295 | ▲ 3% |
| Cash | € 427,881 | € 358,186 | € 203,207 | € 639,043 | ▲ 214% |
| Land & buildings | € 133,055 | € 147,409 | € 143,219 | € 144,000 | ▲ 1% |
| Retained profit | € 455,592 | € 450,472 | € 567,426 | € 741,963 | ▲ 31% |
| Dividend | € 0 | € 105,000 | € 50,000 | € 100,000 | ▲ 100% |
| Bank debt | € 257,077 | € 386,017 | € 334,809 | € 311,415 | ▼ 7% |
| Balance sheet total | € 1,658,443 | € 1,838,994 | € 1,842,426 | € 2,045,258 | ▲ 11% |
| Employees (FTE) | 7.3 | 7.1 | 6.6 | 6.9 | ▲ 0.3 |
Key figures of GARAGE KELGTERMANS, 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 KELGTERMANS?
What happened at GARAGE KELGTERMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 274,537 (▲ 64% vs 2024). Source: NBB ↗
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,944 profit in 2022 to € 274,537 profit in 2025.
Paid € 209,279 in corporate taxes since 2022.
Best year ever: 2025, with € 274,537 profit.
On average € 141,600 of value added per employee in 2025.
Management
The stake of Kelgtermans M & B comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARAGE KELGTERMANSBehind GARAGE KELGTERMANS are Dirk Kelgtermans, Ineke Luts and Jozef Kelgtermans. The shares are held by Kelgtermans M & B (100%). It owns 52% of KCR itself.
Directors
According to the 2025 annual accounts
Ineke Luts
Director
Jozef Kelgtermans
Director
Shareholders
100%
Participations
52%
Establishments
Establishment units
Physical locations of this company
Balendijk 211
3920 Lommel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.216.137
- VAT number
- BE 0424.216.137
- Registered office
- Balendijk 211, 3920 Lommel
- Names & denominations
- GARAGE KELGTERMANS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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
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 motorbrandstoffen
Detailhandel in motorvoertuigen