Financials
Financial year 2025
GHISTELINCK AUTOBEDRIJVEN from Waregem, company number BE0443936039, closed financial year 2025 with a result of € 423,022 after tax. For that financial year GHISTELINCK AUTOBEDRIJVEN recorded revenue of € 215.8 million and equity of € 31.4 million. Compared with financial year 2024, the result moved from € 36.8 million to € 423,022. 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 August 31, 2026.
€ 31.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 423,022
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 98,454
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
253.1
▲ 26.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.8 million
▼ 44% vs 2024
€ 74,400 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.
€ 11.7 million
▼ 10% vs 2024
Of which on lease € 11.1 million.
Debts at end 2025
€ 18.5 million
▲ 11% vs 2024
€ 3.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 16 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 3.2 million
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 154,743,161 | € 169,672,311 | € 435,963,802 | € 215,822,695 | ▼ 50% |
| Profit after taxes | € 573,827 | € 2,992,644 | € 36,834,547 | € 423,022 | ▼ 99% |
| Equity | € 23,167,047 | € 26,159,691 | € 31,494,238 | € 31,417,260 | |
| Total debts | € 39,243,123 | € 43,321,385 | € 42,502,091 | € 42,801,044 | ▲ 1% |
| Cash | € 3,857,846 | € 2,271,121 | € 139,385 | € 98,454 | ▼ 29% |
| Land & buildings | € 1,508,000 | € 1,451,619 | € 1,377,560 | € 2,066,824 | ▲ 50% |
| Retained profit | € 19,682,147 | € 22,674,791 | € 28,009,338 | € 27,932,360 | |
| Dividend | € 0 | € 0 | € 31,500,000 | € 500,000 | ▼ 98% |
| Bank debt | € 26,313,674 | € 21,235,163 | € 16,721,200 | € 18,502,149 | ▲ 11% |
| Balance sheet total | € 64,941,583 | € 71,801,427 | € 76,088,803 | € 76,099,715 | |
| Employees (FTE) | 210 | 208.9 | 226.4 | 253.1 | ▲ 26.7 |
Key figures of GHISTELINCK AUTOBEDRIJVEN, fiscal years 2021 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 GHISTELINCK AUTOBEDRIJVEN?
What happened at GHISTELINCK AUTOBEDRIJVEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 423,022 (▼ 99% vs 2024). filed late Source: NBB ↗
- New establishment in Lochristi. KBO
- New establishment in Nazareth-De Pinte. KBO
- New establishment in Deerlijk. KBO
- New establishment in Mouscron. KBO
- ZILVERPIJL NV became a director. NBB
- New establishment in Deinze. KBO
- New establishment in Kortrijk. KBO
In short
From € 573,827 profit in 2021 to € 423,022 profit in 2025.
Paid € 5.8 million in corporate taxes since 2021.
Best year ever: 2024, with € 36.8 million profit.
Paid out € 32 million in dividends to the owners in total.
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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
The stake of ZILVERPIJL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHISTELINCK AUTOBEDRIJVENBehind GHISTELINCK AUTOBEDRIJVEN is ZILVERPIJL NV. The shares are held by ZILVERPIJL (100%). It owns 100% of CARROSSERIE VERHOYE itself.
Directors
According to the 2025 annual accounts
Director · represented by Vincent Yserbyt
Also active at: MIG Motors, CARROSSERIE EECKHOUT, MIG Motors Gent, Van Gogh Capital, FLEETINVEST, MIG Motors Latem, Mig Motors Wonder
since 2019
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 165
8790 Waregem
Ronseweg 114
9700 Oudenaarde
Active since 1 October 2008
Rijselsteenweg 63
7700 Mouscron
Active since 1 July 2010
Gentsesteenweg 29
9800 Deinze
Active since 20 July 2010
Ringlaan(Heu) 3
8501 Kortrijk
Active since 9 October 2017
LAR blok K 1
8930 Menen
Active since 9 October 2017
Kapellenstraat 15
9850 Deinze
Active since 1 December 2017
Geallieerdenlaan(L) 286
7700 Mouscron
Active since 1 April 2020
Begoniastraat 16
9810 Nazareth-De Pinte
Active since 2 January 2024
Kerkstraat 28
8540 Deerlijk
Active since 2 January 2024
Bedrijvenlaan 1
9080 Lochristi
Active since 29 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0443.936.039
- VAT number
- BE 0443.936.039
- Registered office
- Franklin Rooseveltlaan 165, 8790 Waregem
- Names & denominations
- GHISTELINCK AUTOBEDRIJVEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 1991
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Detailhandel in motorvoertuigen
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)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)