Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GARAGE S.O.S. from Ieper, company number BE0425307287, closed financial year 2025 with a result of € -2.8 million after tax. For that financial year GARAGE S.O.S. recorded a gross margin of € -8,977 and equity of € -763,032. Compared with financial year 2024, the result moved from € 114,793 to € -2.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ -763,032
▼ € 2.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▼ still € 114,793 profit in 2024
Profit after tax over the fiscal year.
€ 97
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -787,832.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30,101
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,334
▲ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,475 | € 2,591,162 | € -10,621 | € -8,977 | ▲ € 1,644 |
| Profit after taxes | € 3,191 | € 1,979,640 | € 114,793 | € -2,836,498 | ▼ € 3 million |
| Equity | € 179,034 | € 1,958,674 | € 2,073,466 | € -763,032 | ▼ € 2.8 million |
| Total debts | € 193,923 | € 35,345 | € 75,031 | € 111,435 | ▲ 49% |
| Cash | € 2,482 | € 10,199 | € 2,578 | € 97 | ▼ 96% |
| Land & buildings | € 332,725 | - | - | - | |
| Retained profit | € -45,766 | € 1,933,874 | € 2,048,666 | € -787,832 | ▼ € 2.8 million |
| Bank debt | € 180,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 372,957 | € 2,645,713 | € 2,800,191 | € 97 | ▼ € 2.8 million |
Key figures of GARAGE S.O.S., 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 S.O.S.?
What happened at GARAGE S.O.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Opus Terrae BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.8 million (▼ € 3 million vs 2024). filed late Source: NBB ↗
- Opus Terrae BV became a director. NBB
- Ghemic BV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,191 profit in 2022 to € 2.8 million loss in 2025.
Paid € 93,851 in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
Management
The stake of GHELAMCO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARAGE S.O.S.Behind GARAGE S.O.S. is Ghemic BV. The shares are held by GHELAMCO INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Gheysens Michael
Also active at: R.H.R. - INDUSTRIES, GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, THE WHITE HOUSE ZOUTE, STEELCON, BELGIAN TRADING COMPANY, IMMOBILIERE COGIMES +44 more
since 2025
Director · represented by Paul Gheysens
Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO INVEST, THE WHITE HOUSE ZOUTE, M. VAN STEENWINKEL, SAFE HOLDING BELGIUM, Zeewind, MeetDistrict +22 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Natiënlaan 106
8300 Knokke-Heist
Active since 1 April 1984
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →R.H.R. - INDUSTRIES same network
€ 233,316 gross margin · 2025
GHELAMCO
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
IMMOBILIERE NORTH SEA PROPERTIES same network
€ -130,320 gross margin · 2025
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.307.287
- VAT number
- BE 0425.307.287
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- GARAGE S.O.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1983
- Peppol
- Not registered