Financials
Financial year 2025
GARAGE BAERT from Kluisbergen, company number BE0445618790, closed financial year 2025 with a result of € 82,363 after tax. For that financial year GARAGE BAERT recorded a gross margin of € 473,571 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 160,251 to € 82,363. The company is profitable. 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 May 21, 2026.
€ 1.2 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,363
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 562,490
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
3.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 226,677
▲ 5% vs 2024
€ 59,700 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.
€ 60,711
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 55,600
▲ € 53,614 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,566
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 382,300 | € 508,929 | € 596,743 | € 473,571 | ▼ 21% |
| Profit after taxes | € 89,287 | € 138,121 | € 160,251 | € 82,363 | ▼ 49% |
| Equity | € 1,041,657 | € 1,179,778 | € 1,136,928 | € 1,219,291 | ▲ 7% |
| Total debts | € 379,965 | € 201,498 | € 351,057 | € 342,453 | ▼ 2% |
| Cash | € 532,180 | € 467,216 | € 445,751 | € 562,490 | ▲ 26% |
| Land & buildings | € 145,265 | € 130,295 | € 179,512 | € 166,862 | ▼ 7% |
| Retained profit | € 884,257 | € 1,022,378 | € 979,528 | € 1,061,891 | ▲ 8% |
| Dividend | € 296,227 | € 0 | € 203,100 | € 0 | ▼ 100% |
| Bank debt | € 209,944 | € 25,710 | € 8,246 | € 0 | ▼ 100% |
| Balance sheet total | € 1,421,622 | € 1,381,276 | € 1,487,986 | € 1,561,744 | ▲ 5% |
| Employees (FTE) | 2 | - | 3.6 | 3.8 | ▲ 0.2 |
Key figures of GARAGE BAERT, 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 BAERT?
What happened at GARAGE BAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JO BAERT stepped down as director. NBB
- FRANK BAERT stepped down as director. NBB
- MICHEL BAERT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 82,363 (▼ 49% vs 2024). filed late Source: NBB ↗
- JO BAERT became a director. NBB
- FRANK BAERT became a director. NBB
- MICHEL BAERT became a director. NBB
- New establishment in Kluisbergen. KBO
In short
From € 89,287 profit in 2022 to € 82,363 profit in 2025.
Paid € 210,689 in corporate taxes since 2022.
Best year ever: 2024, with € 160,251 profit.
On average € 124,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
JO BAERT
Director
since 2023 · until 2029
FRANK BAERT
Director
since 2023 · until 2029
MICHEL BAERT
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Avelgemstraat 12
9690 Kluisbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.618.790
- VAT number
- BE 0445.618.790
- Registered office
- Avelgemstraat 12, 9690 Kluisbergen
- Names & denominations
- GARAGE BAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1991
- Peppol
- Active · Active since 21 Oct 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)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)