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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE RYS from Maldegem, company number BE0451060886, closed financial year 2025 with a result of € 9,870 after tax. For that financial year GARAGE RYS recorded a gross margin of € 57,285 and equity of € 33,214. Compared with financial year 2024, the result moved from € 45,848 to € 9,870. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.
€ 33,214
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,870
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 40,611
▼ 10% 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 € 14,614.
People and assets in 2025
€ 29,753
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,866
▼ 21% 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.
€ 29,108
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,346
▼ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,455 | € 81,030 | € 106,243 | € 57,285 | ▼ 46% |
| Profit after taxes | € -17,329 | € 24,529 | € 45,848 | € 9,870 | ▼ 78% |
| Equity | € -47,034 | € -22,505 | € 23,344 | € 33,214 | ▲ 42% |
| Total debts | € 340,740 | € 322,166 | € 213,889 | € 168,230 | ▼ 21% |
| Cash | € 56,473 | € 86,773 | € 45,113 | € 40,611 | ▼ 10% |
| Land & buildings | € 9,653 | € 6,848 | € 4,043 | € 1,238 | ▼ 69% |
| Retained profit | € -65,634 | € -41,105 | € 4,744 | € 14,614 | ▲ 208% |
| Bank debt | € 200,000 | € 200,000 | € 80,000 | € 0 | ▼ 100% |
| Balance sheet total | € 293,706 | € 299,661 | € 237,233 | € 201,444 | ▼ 15% |
| Employees (FTE) | 0.5 | - | - | - |
Key figures of GARAGE RYS, 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 RYS?
What happened at GARAGE RYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,870 (▼ 78% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,329 loss in 2022 to € 9,870 profit in 2025.
Best year ever: 2024, with € 45,848 profit.
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 74
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.060.886
- VAT number
- BE 0451.060.886
- Registered office
- Koningin Astridlaan 74, 9990 Maldegem
- Names & denominations
- GARAGE RYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1993
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
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