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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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE J. DE GROOF from Beveren-Kruibeke-Zwijndrecht, company number BE0426552946, closed financial year 2025 with a result of € 422,368 after tax. For that financial year GARAGE J. DE GROOF recorded revenue of € 67.9 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 238,366 to € 422,368. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 3.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 422,368
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.4 million.
People and assets in 2025
55
▼ 5.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 2% vs 2024
€ 58,800 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.
€ 40,280
▼ 36% vs 2024
Of which on lease € 12,335.
Debts at end 2025
€ 9.4 million
▼ 27% vs 2024
€ 59,370 is repaid this year. At this pace the long-term loan is gone in ≈ 145 years.
€ 17 million
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 530,954
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 41,353,402 | € 53,082,186 | € 68,192,808 | € 67,888,445 | |
| Profit after taxes | € 445,205 | € 391,751 | € 238,366 | € 422,368 | ▲ 77% |
| Equity | € 2,659,975 | € 2,949,103 | € 3,184,845 | € 3,604,589 | ▲ 13% |
| Total debts | € 29,151,921 | € 33,760,823 | € 37,272,405 | € 27,197,095 | ▼ 27% |
| Cash | € 1,442,623 | € 338,354 | € 1,758,850 | € 1,112,772 | ▼ 37% |
| Land & buildings | € 872,048 | € 755,537 | € 733,705 | € 652,689 | ▼ 11% |
| Retained profit | € 1,462,832 | € 1,754,584 | € 1,992,949 | € 2,415,317 | ▲ 21% |
| Dividend | € 450,000 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 10,575,179 | € 9,674,912 | € 12,917,505 | € 9,405,771 | ▼ 27% |
| Balance sheet total | € 31,811,897 | € 36,709,926 | € 40,457,250 | € 30,801,684 | ▼ 24% |
| Employees (FTE) | 48 | 53 | 60.4 | 55 | ▼ 5.4 |
Key figures of GARAGE J. DE GROOF, 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 J. DE GROOF?
What happened at GARAGE J. DE GROOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ADV Automotive Group stepped down as director. NBB
- Geoffrey Vanspringel stepped down as director. NBB
- Benjamin Abeloos stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 422,368 (▲ 77% vs 2024). Source: NBB ↗
- ADV Automotive Group became a director. NBB
- Geoffrey Vanspringel became a director. NBB
- Benjamin Abeloos became a director. NBB
- New establishment in Sint-Niklaas. KBO
In short
From € 445,205 profit in 2022 to € 422,368 profit in 2025.
Paid € 606,136 in corporate taxes since 2022.
Best year ever: 2022, with € 445,205 profit.
Paid out € 550,000 in dividends to the owners in total.
Management
The stake of IMMO CENTRAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARAGE J. DE GROOFThe shares are held by IMMO CENTRAL (99.7%). It owns 100% of Garage Neyt itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Benedictus De Groof
Also active at: Joossens, Garage Neyt, VANSPRINGEL AUTOMOBILES, AB AUTOMOTIVE, LABRUM, M.W.A., BBP Import
since 2026 · until 2032
Geoffrey Vanspringel
Director
Also active at: Garage Neyt, VANSPRINGEL AUTOMOBILES, VANSPRINGEL MANAGEMENT, LABRUM, M.W.A.
since 2025 · until 2031
since 2025 · until 2031
Shareholders
99.7%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Pareinpark(BEV) 4
9120 Beveren-Kruibeke-Zwijndrecht
Europark-Zuid 4
9100 Sint-Niklaas
Active since 28 November 2002
Europark-Zuid 6
9100 Sint-Niklaas
Active since 1 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.552.946
- VAT number
- BE 0426.552.946
- Registered office
- Pareinpark(BEV) 4, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- GARAGE J. DE GROOF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1984
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
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)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)