Financials
Financial year 2025
Garage Germaine from Lier, company number BE0426758131, closed financial year 2025 with a result of € 692,306 after tax. For that financial year Garage Germaine recorded a gross margin of € 2.2 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 405,915 to € 692,306. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 4.2 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 692,306
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 3.5 million
▲ 102% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 993,230
▼ 5% vs 2024
€ 88,700 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.
€ 299,476
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 657,957
▼ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 269,768
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 381,356
▲ 174% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,875,028 | € 1,408,142 | € 1,854,128 | € 2,248,051 | ▲ 21% |
| Profit after taxes | € 504,477 | € 157,006 | € 405,915 | € 692,306 | ▲ 71% |
| Equity | € 4,371,922 | € 4,528,929 | € 4,608,097 | € 4,165,800 | ▼ 10% |
| Total debts | € 1,870,456 | € 1,466,471 | € 1,563,797 | € 2,374,581 | ▲ 52% |
| Cash | € 2,535,585 | € 2,859,513 | € 1,743,891 | € 3,521,402 | ▲ 102% |
| Land & buildings | € 805,774 | € 759,246 | € 709,579 | € 721,379 | ▲ 2% |
| Retained profit | € 4,309,922 | € 4,466,929 | € 4,546,097 | € 4,103,800 | ▼ 10% |
| Dividend | € 0 | € 0 | € 326,747 | € 1,134,603 | ▲ 247% |
| Bank debt | € 925,253 | € 772,192 | € 716,471 | € 657,957 | ▼ 8% |
| Balance sheet total | € 6,242,378 | € 5,995,400 | € 6,171,894 | € 6,540,381 | ▲ 6% |
| Employees (FTE) | 12.6 | 10.5 | 11.8 | 11.2 | ▼ 0.6 |
Key figures of Garage Germaine, 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 Germaine?
What happened at Garage Germaine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Godelieve Ceulemans stepped down as director. NBB
- Germaine Baetens stepped down as director. NBB
- Leon Ceulemans stepped down as director. NBB
- Marc Ceulemans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 692,306 (▲ 71% vs 2024). Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 504,477 profit in 2022 to € 692,306 profit in 2025.
Paid € 844,814 in corporate taxes since 2022.
Best year ever: 2025, with € 692,306 profit.
On average € 200,700 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Godelieve Ceulemans
Director
· until 2029
Germaine Baetens
Director
· until 2029
Leon Ceulemans
Director
· until 2029
· until 2029
Establishments
Establishment units
Physical locations of this company
Beukheuvel 48
2500 Lier
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
DEVRANDOM, BE
Domain
Domain
germaine.eu
Registrar
Realtime Register B.V.
Website info
Features
Security
Network
Details
- Company number
- 0426.758.131
- VAT number
- BE 0426.758.131
- Registered office
- Beukheuvel 48, 2500 Lier
- Names & denominations
- Garage Germaine
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1984
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- germaine.eu
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Kleinhandel in onderdelen en accessoires van auto's
Onderhoud en reparatie van auto's
+3