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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE DE CORTE JULIEN from Oosterzele, company number BE0438308455, closed financial year 2025 with a result of € -67,319 after tax. For that financial year GARAGE DE CORTE JULIEN recorded a gross margin of € 385,959 and equity of € 286,763. Compared with financial year 2024, the result moved from € 12,431 to € -67,319. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 286,763
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -67,319
▼ still € 12,431 profit in 2024
Profit after tax over the fiscal year.
€ 133,580
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 268,171.
People and assets in 2025
6.8
Average over the fiscal year, from the social balance sheet.
€ 366,657
▲ 19% vs 2024
€ 53,900 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.
€ 7,370
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 774,769
▼ 11% vs 2024
€ 90,567 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 507,683
▲ € 386,280 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,080
▲ 69% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 372,564 | € 439,627 | € 409,705 | € 385,959 | ▼ 6% |
| Profit after taxes | € -16,145 | € 20,248 | € 12,431 | € -67,319 | ▼ € 79,750 |
| Equity | € 713,803 | € 341,651 | € 354,082 | € 286,763 | ▼ 19% |
| Total debts | € 1,216,174 | € 1,609,587 | € 1,427,592 | € 1,714,935 | ▲ 20% |
| Cash | € 287,237 | € 121,111 | € 128,343 | € 133,580 | ▲ 4% |
| Land & buildings | € 977,947 | € 947,276 | € 919,839 | € 929,214 | ▲ 1% |
| Retained profit | € 302,811 | € 323,059 | € 335,490 | € 268,171 | ▼ 20% |
| Bank debt | € 890,738 | € 865,499 | € 871,692 | € 774,769 | ▼ 11% |
| Balance sheet total | € 1,929,977 | € 1,951,238 | € 1,781,674 | € 2,001,698 | ▲ 12% |
| Employees (FTE) | 6.2 | 6.2 | 6.8 | 6.8 |
Key figures of GARAGE DE CORTE JULIEN, 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 April 2027.
What happened to GARAGE DE CORTE JULIEN?
What happened at GARAGE DE CORTE JULIEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 67,319 (▼ € 79,750 vs 2024). Source: NBB ↗
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,145 loss in 2022 to € 67,319 loss in 2025.
Paid € 40,282 in corporate taxes since 2022.
Best year ever: 2023, with € 20,248 profit.
On average € 56,800 of value added per employee in 2025.
Management
Behind GARAGE DE CORTE JULIEN are Karl De Corte and Koen De Corte. The same people are also behind Garage De Corte.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Pelgrim 30
9860 Oosterzele
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
- 0438.308.455
- VAT number
- BE 0438.308.455
- Registered office
- Pelgrim 30, 9860 Oosterzele
- Names & denominations
- GARAGE DE CORTE JULIEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1989
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
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)
Detailhandel in motorbrandstoffen