Active · per the CBE, 30 October 2026

GARAGE DE WISPELAERE

BE0438624201

Rechtspersoon Private limited company 2 establishments

GARAGE DE WISPELAERE is a market trader in Aalter. Private Limited, started on 20 October 1989, 2 establishments.

Brugstraat 198, 9880 Aalter

Behind the company: Christian De Wispelaere.

Active for

37 year

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

GARAGE DE WISPELAERE from Aalter, company number BE0438624201, closed financial year 2024 with a result of € -54,689 after tax. For that financial year GARAGE DE WISPELAERE recorded a gross margin of € 969,262 and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 9 to € -54,689. 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 August 8, 2025.

What it is worth Healthy

€ 1.2 million

▼ 4% vs 2023

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

Loss Caution

€ -54,689

▼ still € 9 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 819,205

▲ 48% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 198,762.

People and assets in 2024

Full-time equivalents

10.3

▲ 1.5 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 757,165

▲ 6% vs 2023

€ 73,500 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.

Vehicles and equipment

€ 56,380

▼ 27% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 1.5 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5.9 million

▲ 104% vs 2023

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

Taxes and wages

€ 101,737

▼ 1% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 9,803,073 € 8,619,855 - -
Gross margin - - € 942,614 € 969,262 ▲ 3%
Profit after taxes € 24,579 € 7,596 € 9 € -54,689 ▼ € 54,698
Equity € 1,245,846 € 1,253,442 € 1,253,451 € 1,198,762 ▼ 4%
Total debts € 2,726,932 € 3,901,245 € 4,715,056 € 7,676,956 ▲ 63%
Cash € 527,259 € 453,197 € 554,984 € 819,205 ▲ 48%
Land & buildings € 20,261 € 15,123 € 9,985 € 8,329 ▼ 17%
Retained profit € 245,846 € 253,442 € 253,451 € 198,762 ▼ 22%
Dividend € 24,500 € 0 € 0 € 0
Bank debt € 1,136,875 € 1,516,871 € 1,500,000 € 1,500,000
Balance sheet total € 3,991,910 € 5,173,819 € 5,987,638 € 8,875,718 ▲ 48%
Employees (FTE) 17 16.2 8.8 10.3 ▲ 1.5

Key figures of GARAGE DE WISPELAERE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GARAGE DE WISPELAERE?

What happened at GARAGE DE WISPELAERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: loss of € 54,689 (▼ € 54,698 vs 2023). filed late Source: NBB ↗
  • New establishment in Eeklo. KBO
  • New establishment in Aalter. KBO
  • Start of the company according to the CBE. KBO

In short

From € 24,579 profit in 2021 to € 54,689 loss in 2024.

Paid € 35,974 in corporate taxes since 2021.

Best year ever: 2021, with € 24,579 profit.

On average € 94,100 of value added per employee in 2024.

Management

Christian De Wispelaere
GARAGE DE WISPELAERE

Behind GARAGE DE WISPELAERE is Christian De Wispelaere. It owns 40% of Eeklimmo NV itself.

Directors

According to the 2024 annual accounts

Christian De Wispelaere

Director

Also active at: EEKLIMMO

Establishments

Establishment units

Physical locations of this company

Registered office

Brugstraat 198

9880 Aalter

2.156.360.082

Zeelaan 5

9900 Eeklo

Active since 1 March 2004

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0438.624.201
VAT number
BE 0438.624.201
Registered office
Brugstraat 198, 9880 Aalter
Names & denominations
GARAGE DE WISPELAERE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
20 October 1989
Peppol
Active · Active since 13 Jan 2026
Activities · NACE

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

Algemeen onderhoud en reparatie van 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)

Frequently asked questions

What does GARAGE DE WISPELAERE do?
GARAGE DE WISPELAERE is a market trader in Aalter. Private Limited, started on 20 October 1989, 2 establishments.
What is the address of GARAGE DE WISPELAERE?
The registered office of GARAGE DE WISPELAERE is located at Brugstraat 198, 9880 Aalter.
Is GARAGE DE WISPELAERE still active?
Yes. According to the CBE (30 October 2026) GARAGE DE WISPELAERE is active, legal situation “Normale toestand”, started on 20 October 1989.
Is GARAGE DE WISPELAERE registered on Peppol?
Yes, GARAGE DE WISPELAERE is registered on the Peppol network with ID 0208:0438624201.
What is the enterprise number of GARAGE DE WISPELAERE?
The enterprise number of GARAGE DE WISPELAERE is BE0438624201.
When was GARAGE DE WISPELAERE founded?
GARAGE DE WISPELAERE was founded on 20 October 1989.