Active · per the CBE, 16 September 2026

Degroote Garage

BE0427243824

Rechtspersoon Public limited company 1 establishment

Degroote Garage is a market trader in Jabbeke. Public Limited, started on 13 May 1985, 1 establishment.

Gistelsteenweg 611, 8490 Jabbeke

Behind the company: De Jope CommV, Dricor CommV.

Active for

41 year, 4 months

Financials

Financial year 2025

Degroote Garage from Jabbeke, company number BE0427243824, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year Degroote Garage recorded a gross margin of € 3.2 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 59,049 to € 2.6 million. 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 August 14, 2026.

What it is worth Growing

€ 4.4 million

▲ 137% vs 2024

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

Profit Growing

€ 2.6 million

▲ € 2.5 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 917,432

▼ 28% 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 € 4.3 million.

People and assets in 2025

Vehicles and equipment

€ 378

▼ € 147,595 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 3.1 million

▲ 37% vs 2024

€ 342,083 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 30,696

▼ 81% vs 2024

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

Taxes

€ 26,022

▼ 85% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202220242025Change 2024 → 2025
Gross margin € 210,521 € 1,025,596 € 3,244,910 ▲ 216%
Profit after taxes € 194 € 59,049 € 2,552,233 ▲ € 2.5 million
Equity € 2,854,040 € 1,857,801 € 4,410,033 ▲ 137%
Total debts € 4,336,665 € 3,583,303 € 3,230,097 ▼ 10%
Cash € 91,769 € 1,282,077 € 917,432 ▼ 28%
Land & buildings € 1,990,381 € 1,738,833 € 1,784,187 ▲ 3%
Retained profit € 2,700,419 € 1,704,179 € 4,256,412 ▲ 150%
Bank debt € 3,000,000 € 2,275,651 € 3,114,352 ▲ 37%
Balance sheet total € 7,190,705 € 5,441,104 € 8,278,938 ▲ 52%
Employees (FTE) - 12 -

Key figures of Degroote Garage, 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 Degroote Garage?

What happened at Degroote Garage in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 2.6 million (▲ € 2.5 million vs 2024). filed late Source: NBB ↗
  • New establishment in Jabbeke. KBO
  • Start of the company according to the CBE. KBO

In short

From € 194 profit in 2022 to € 2.6 million profit in 2025.

Paid € 144 in corporate taxes since 2022.

Best year ever: 2025, with € 2.6 million profit.

On average € 85,500 of value added per employee in 2024.

Management

Degroote Garage

Behind Degroote Garage are De Jope CommV and Dricor CommV.

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Directors

According to the 2025 annual accounts

De Jope CommV

Director · represented by Joost Degroote

Dricor CommV

Director · represented by Dries Degroote

Establishments

Establishment units

Physical locations of this company

Registered office

Gistelsteenweg 611

8490 Jabbeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0427.243.824
VAT number
BE 0427.243.824
Registered office
Gistelsteenweg 611, 8490 Jabbeke
Names & denominations
Degroote Garage
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
13 May 1985
Peppol
Active · Active since 4 Dec 2025
Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Handelsbemiddeling in de groothandel in andere specifieke goederen

Carrosserieherstelling (inclusief spuiten en verven)

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

+5

Frequently asked questions

What does Degroote Garage do?
Degroote Garage is a market trader in Jabbeke. Public Limited, started on 13 May 1985, 1 establishment.
What is the address of Degroote Garage?
The registered office of Degroote Garage is located at Gistelsteenweg 611, 8490 Jabbeke.
Is Degroote Garage still active?
Yes. According to the CBE (16 September 2026) Degroote Garage is active, legal situation “Normale toestand”, started on 13 May 1985.
Is Degroote Garage registered on Peppol?
Yes, Degroote Garage is registered on the Peppol network with ID 0208:0427243824.
What is the enterprise number of Degroote Garage?
The enterprise number of Degroote Garage is BE0427243824.
When was Degroote Garage founded?
Degroote Garage was founded on 13 May 1985.