Financials
Financial year 2025
GARAGE BAELE from Zelzate, company number BE0446156151, closed financial year 2025 with a result of € 17,311 after tax. For that financial year GARAGE BAELE recorded a gross margin of € 1.1 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 75,308 to € 17,311. 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 6, 2026.
€ 2.2 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,311
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 247,382
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 114,118 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 847,661
▲ 10% vs 2024
€ 73,700 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.
€ 14,533
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 284,279
▲ 34% vs 2024
€ 59,119 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 294,644
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,599
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,129,656 | € 1,158,557 | € 1,038,431 | € 1,051,000 | ▲ 1% |
| Profit after taxes | € 283,541 | € 258,597 | € 75,308 | € 17,311 | ▼ 77% |
| Equity | € 2,140,757 | € 2,278,422 | € 2,257,187 | € 2,160,380 | ▼ 4% |
| Total debts | € 748,260 | € 744,043 | € 989,929 | € 911,379 | ▼ 8% |
| Cash | € 537,820 | € 251,290 | € 145,103 | € 247,382 | ▲ 70% |
| Land & buildings | € 573,196 | € 527,573 | € 474,718 | € 483,672 | ▲ 2% |
| Retained profit | € 2,122,157 | € 2,259,822 | € 2,238,587 | € 2,141,780 | ▼ 4% |
| Dividend | € 142,242 | € 120,932 | € 96,544 | € 114,118 | ▲ 18% |
| Bank debt | € 175,875 | € 182,605 | € 212,809 | € 284,279 | ▲ 34% |
| Balance sheet total | € 2,889,017 | € 3,022,465 | € 3,247,115 | € 3,071,759 | ▼ 5% |
| Employees (FTE) | 11 | 9.7 | 11.1 | 11.5 | ▲ 0.4 |
Key figures of GARAGE BAELE, 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 BAELE?
What happened at GARAGE BAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,311 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Zelzate. KBO
- JA BV became a director. NBB
- HERATO BV became a director. NBB
- ZESSEN BV became a director. NBB
- Noël Baele became a director. NBB
- New establishment in Lochristi. KBO
- New establishment in Zelzate. KBO
In short
From € 283,541 profit in 2022 to € 17,311 profit in 2025.
Paid € 254,825 in corporate taxes since 2022.
Best year ever: 2022, with € 283,541 profit.
On average € 91,400 of value added per employee in 2025.
Management
Behind GARAGE BAELE are Noël Baele, JA BV, HERATO BV, ZESSEN BV and Lia Polfliet. JA BV is also behind CAR-KO. HERATO BV is also behind CAR-KO. ZESSEN BV is also behind CAR-KO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Industriepark Rosteyne 9
9060 Zelzate
Walderdonk 63
9185 Lochristi
Active since 29 September 2020
Industriepark Rosteyne 19
9060 Zelzate
Active since 23 May 2024
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
renaultbaele.be
Registered
2008-11-07
Website info
Features
Security
Details
- Company number
- 0446.156.151
- VAT number
- BE 0446.156.151
- Registered office
- Industriepark Rosteyne 9, 9060 Zelzate
- Names & denominations
- GARAGE BAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1991
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- renaultbaele.be
- 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
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)