Financials
Financial year 2025
GARAGE DE SOETE from Tielt, company number BE0430919233, closed financial year 2025 with a result of € 61,499 after tax. For that financial year GARAGE DE SOETE recorded a gross margin of € 234,712 and equity of € 420,970. Compared with financial year 2024, the result moved from € 50,405 to € 61,499. 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 February 3, 2026.
€ 420,970
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,499
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 142,581
▲ 110% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 33,000 paid out
54 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 7,435
▲ 34% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 126,199
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 85,866
▼ 39% vs 2024
€ 41,714 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 13,720
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,488
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 242,012 | € 235,510 | € 187,789 | € 234,712 | ▲ 25% |
| Profit after taxes | € 66,735 | € 79,508 | € 50,405 | € 61,499 | ▲ 22% |
| Equity | € 309,957 | € 363,466 | € 392,471 | € 420,970 | ▲ 7% |
| Total debts | € 326,819 | € 212,457 | € 210,611 | € 156,279 | ▼ 26% |
| Cash | € 111,385 | € 107,557 | € 67,755 | € 142,581 | ▲ 110% |
| Land & buildings | € 31,330 | € 26,453 | € 21,155 | € 18,226 | ▼ 14% |
| Retained profit | € 247,957 | € 301,466 | € 330,471 | € 358,970 | ▲ 9% |
| Dividend | € 16,100 | € 26,000 | € 21,400 | € 33,000 | ▲ 54% |
| Bank debt | € 203,847 | € 159,170 | € 141,026 | € 85,866 | ▼ 39% |
| Balance sheet total | € 643,260 | € 580,907 | € 606,483 | € 578,666 | ▼ 5% |
| Employees (FTE) | 1 | 0.6 | - | 0.1 |
Key figures of GARAGE DE SOETE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GARAGE DE SOETE?
What happened at GARAGE DE SOETE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,499 (▲ 22% vs 2024). filed late Source: NBB ↗
- Jan De Soete became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,735 profit in 2022 to € 61,499 profit in 2025.
Paid € 97,205 in corporate taxes since 2022.
Best year ever: 2023, with € 79,508 profit.
On average € 242,000 of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GARAGE DE SOETE are Christophe De Soete and Jan De Soete.
Directors
According to the 2025 annual accounts
Christophe De Soete
Director
Jan De Soete
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Felix D'Hoopstraat 128
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.919.233
- VAT number
- BE 0430.919.233
- Registered office
- Felix D'Hoopstraat 128, 8700 Tielt
- Names & denominations
- GARAGE DE SOETE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1987
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Overige detailhandel in nieuwe artikelen neg
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw