What does GARAGE WILLEMS M. do?

GARAGE WILLEMS M. is a market trader in Lokeren. Private Limited, started on 28 November 1983, 1 establishment.

What is the address of GARAGE WILLEMS M.?

The registered office of GARAGE WILLEMS M. is located at Eksaardebaan 97, 9160 Lokeren.

Is GARAGE WILLEMS M. still active?

Yes. According to the CBE (30 October 2026) GARAGE WILLEMS M. is active, legal situation “Normale toestand”, started on 28 November 1983.

Is GARAGE WILLEMS M. registered on Peppol?

Yes, GARAGE WILLEMS M. is registered on the Peppol network with ID 0208:0424983130.

What is the enterprise number of GARAGE WILLEMS M.?

The enterprise number of GARAGE WILLEMS M. is BE0424983130.

When was GARAGE WILLEMS M. founded?

GARAGE WILLEMS M. was founded on 28 November 1983.

Who are the directors of GARAGE WILLEMS M.?

According to the 2025 annual accounts, the directors of GARAGE WILLEMS M. are: Michel Willems.

Is GARAGE WILLEMS M. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 November 1983; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GARAGE WILLEMS M. make in 2025?

GARAGE WILLEMS M. posted a profit after taxes of € 295,136 in financial year 2025.

What is the revenue of GARAGE WILLEMS M.?

As a small company, GARAGE WILLEMS M. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 865,078.

How much does an employee at GARAGE WILLEMS M. earn?

The average wage cost per full-time employee at GARAGE WILLEMS M. was € 91,100 in 2025: staff costs of € 364,547 for 4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARAGE WILLEMS M. have?

According to the 2025 annual accounts, GARAGE WILLEMS M. has 4 full-time equivalents (FTE).

GARAGE WILLEMS M. (Private Limited) - Lokeren

Dossier GARAGE WILLEMS M., printed on 30 October 2026 from databakkes.be/en/0424983130/garage-willems-m. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GARAGE WILLEMS M. from Lokeren, company number BE0424983130, closed financial year 2025 with a result of € 295,136 after tax. For that financial year GARAGE WILLEMS M. recorded a gross margin of € 865,078 and equity of € 639,216. Compared with financial year 2024, the result moved from € 157,487 to € 295,136. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.

What it is worth Growing

€ 639,216

▲ 86% vs 2024

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

Profit Growing

€ 295,136

▲ 87% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 493,005

▲ 172% 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 € 414,216.

People and assets in 2025

Full-time equivalents

▲ 1 vs 2024

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

Wage cost

€ 364,547

▲ 21% vs 2024

€ 91,100 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.

Vehicles and equipment

€ 14,010

▲ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 94,000

▼ 61% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.9 million

▲ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 159,605

▼ 37% 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
Gross margin	€ 587,939 Gross margin 2022: € 587,939 First fiscal year in the series	€ 799,823 Gross margin 2023: € 799,823 ▲ 36% vs 2022 (€ 587,939) Favourable step	€ 676,684 Gross margin 2024: € 676,684 ▼ 15% vs 2023 (€ 799,823) Unfavourable step	€ 865,078 Gross margin 2025: € 865,078 ▲ 28% vs 2024 (€ 676,684) Favourable step	▲ 28%
Profit after taxes	€ 16,433 Profit after taxes 2022: € 16,433 First fiscal year in the series	€ 229,647 Profit after taxes 2023: € 229,647 ▲ € 213,215 vs 2022 (€ 16,433) Favourable step	€ 157,487 Profit after taxes 2024: € 157,487 ▼ 31% vs 2023 (€ 229,647) Unfavourable step	€ 295,136 Profit after taxes 2025: € 295,136 ▲ 87% vs 2024 (€ 157,487) Favourable step	▲ 87%
Equity	€ 356,946 Equity 2022: € 356,946 First fiscal year in the series	€ 336,593 Equity 2023: € 336,593 ▼ 6% vs 2022 (€ 356,946) Unfavourable step	€ 344,080 Equity 2024: € 344,080 ▲ 2% vs 2023 (€ 336,593) Favourable step	€ 639,216 Equity 2025: € 639,216 ▲ 86% vs 2024 (€ 344,080) Favourable step	▲ 86%
Total debts	€ 2,259,469 Total debts 2022: € 2,259,469 First fiscal year in the series	€ 2,602,423 Total debts 2023: € 2,602,423 ▲ 15% vs 2022 (€ 2,259,469) Unfavourable step	€ 2,067,186 Total debts 2024: € 2,067,186 ▼ 21% vs 2023 (€ 2,602,423) Favourable step	€ 2,393,640 Total debts 2025: € 2,393,640 ▲ 16% vs 2024 (€ 2,067,186) Unfavourable step	▲ 16%
Cash	€ 625,220 Cash 2022: € 625,220 First fiscal year in the series	€ 713,282 Cash 2023: € 713,282 ▲ 14% vs 2022 (€ 625,220) Favourable step	€ 181,373 Cash 2024: € 181,373 ▼ 75% vs 2023 (€ 713,282) Unfavourable step	€ 493,005 Cash 2025: € 493,005 ▲ 172% vs 2024 (€ 181,373) Favourable step	▲ 172%
Land & buildings	€ 391,317 Land & buildings 2022: € 391,317 First fiscal year in the series	€ 403,928 Land & buildings 2023: € 403,928 ▲ 3% vs 2022 (€ 391,317) Unchanged	€ 395,137 Land & buildings 2024: € 395,137 ▼ 2% vs 2023 (€ 403,928) Unchanged	€ 414,527 Land & buildings 2025: € 414,527 ▲ 5% vs 2024 (€ 395,137) Unchanged	▲ 5%
Retained profit	€ 131,946 Retained profit 2022: € 131,946 First fiscal year in the series	€ 111,593 Retained profit 2023: € 111,593 ▼ 15% vs 2022 (€ 131,946) Unfavourable step	€ 119,080 Retained profit 2024: € 119,080 ▲ 7% vs 2023 (€ 111,593) Favourable step	€ 414,216 Retained profit 2025: € 414,216 ▲ 248% vs 2024 (€ 119,080) Favourable step	▲ 248%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 250,000 Dividend 2023: € 250,000 Unchanged (€ 0) Unchanged	€ 150,000 Dividend 2024: € 150,000 ▼ 40% vs 2023 (€ 250,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 150,000) Unchanged	▼ 100%
Bank debt	€ 365,022 Bank debt 2022: € 365,022 First fiscal year in the series	€ 300,058 Bank debt 2023: € 300,058 ▼ 18% vs 2022 (€ 365,022) Favourable step	€ 244,000 Bank debt 2024: € 244,000 ▼ 19% vs 2023 (€ 300,058) Favourable step	€ 94,000 Bank debt 2025: € 94,000 ▼ 61% vs 2024 (€ 244,000) Favourable step	▼ 61%
Balance sheet total	€ 2,616,415 Balance sheet total 2022: € 2,616,415 First fiscal year in the series	€ 2,939,016 Balance sheet total 2023: € 2,939,016 ▲ 12% vs 2022 (€ 2,616,415) Unchanged	€ 2,411,266 Balance sheet total 2024: € 2,411,266 ▼ 18% vs 2023 (€ 2,939,016) Unchanged	€ 3,032,855 Balance sheet total 2025: € 3,032,855 ▲ 26% vs 2024 (€ 2,411,266) Unchanged	▲ 26%
Employees (FTE)	5 Employees (FTE) 2022: 5 First fiscal year in the series	4.5 Employees (FTE) 2023: 4.5 ▼ 0.5 vs 2022 (5) Unchanged	3 Employees (FTE) 2024: 3 ▼ 1.5 vs 2023 (4.5) Unchanged	4 Employees (FTE) 2025: 4 ▲ 1 vs 2024 (3) Unchanged	▲ 1

Key figures of GARAGE WILLEMS M., 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 WILLEMS M.?

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

Sep 4, 2026 New annual accounts for financial year 2025: profit of € 295,136 (▲ 87% vs 2024). filed late Source: NBB ↗
2003 Michel Willems became a director. NBB
Nov 28, 1983 New establishment in Lokeren. KBO
Nov 28, 1983 Start of the company according to the CBE. KBO

In short

From € 16,433 profit in 2022 to € 295,136 profit in 2025.

Paid € 266,128 in corporate taxes since 2022.

Best year ever: 2025, with € 295,136 profit.

On average € 216,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

WILLEMS 99.8%

The stake of WILLEMS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GARAGE WILLEMS M.

Behind GARAGE WILLEMS M. is Michel Willems. The shares are held by WILLEMS (99.8%).

Directors

According to the 2025 annual accounts

Michel Willems

Director

Also active at: WILLEMS, MIFRA

since 2003

Shareholders

WILLEMS

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Eksaardebaan 97

9160 Lokeren

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

Details

Company number

0424.983.130

VAT number

BE 0424.983.130

Registered office

Eksaardebaan 97, 9160 Lokeren

Names & denominations

GARAGE WILLEMS M.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 November 1983

Peppol

Active · Active since 22 Dec 2025

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)

Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen

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 motorrijwielen, delen en toebehoren van motorrijwielen

Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

GARAGE WILLEMS M.

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Financials

What happened to GARAGE WILLEMS M.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions