Financials
Financial year 2025
GARAGE V & D from Knokke-Heist, company number BE0437400021, closed financial year 2025 with a result of € 182,939 after tax. For that financial year GARAGE V & D recorded a gross margin of € 708,456 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 233,833 to € 182,939. The company is profitable. 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 July 22, 2026.
€ 1.3 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,939
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 598,769
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 56,210 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.5
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 405,319
▲ 10% vs 2024
€ 54,000 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.
€ 132,002
▲ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 138,778
▼ 12% vs 2024
€ 20,004 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 199,270
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,171
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 654,329 | € 811,891 | € 815,841 | € 708,456 | ▼ 13% |
| Profit after taxes | € 150,274 | € 251,457 | € 233,833 | € 182,939 | ▼ 22% |
| Equity | € 1,267,174 | € 1,456,499 | € 1,662,359 | € 1,263,942 | ▼ 24% |
| Total debts | € 509,371 | € 574,101 | € 443,693 | € 621,171 | ▲ 40% |
| Cash | € 609,318 | € 680,980 | € 325,423 | € 598,769 | ▲ 84% |
| Land & buildings | € 621,555 | € 588,017 | € 554,478 | € 0 | ▼ 100% |
| Retained profit | € 1,248,582 | € 1,437,907 | € 1,643,767 | € 1,251,444 | ▼ 24% |
| Dividend | € 104,609 | € 62,131 | € 27,973 | € 56,210 | ▲ 101% |
| Bank debt | € 200,549 | € 178,364 | € 158,540 | € 138,778 | ▼ 12% |
| Balance sheet total | € 1,814,257 | € 2,064,122 | € 2,135,384 | € 1,885,113 | ▼ 12% |
| Employees (FTE) | 7.2 | 7.3 | 7.4 | 7.5 | ▲ 0.1 |
Key figures of GARAGE V & D, 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 V & D?
What happened at GARAGE V & D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 182,939 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Koen De Baets became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 150,274 profit in 2022 to € 182,939 profit in 2025.
Paid € 410,848 in corporate taxes since 2022.
Best year ever: 2023, with € 251,457 profit.
On average € 94,500 of value added per employee in 2025.
Management
Behind GARAGE V & D is Koen De Baets. Koen De Baets is also behind VDMobility.
Directors
According to the 2025 annual accounts
since 1989
Establishments
Establishment units
Physical locations of this company
't Walletje 88
8300 Knokke-Heist
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
- 0437.400.021
- VAT number
- BE 0437.400.021
- Registered office
- 't Walletje 88, 8300 Knokke-Heist
- Names & denominations
- GARAGE V & D
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1989
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
+5