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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE HALLAERT from Beernem, company number BE0451099983, closed financial year 2025 with a result of € -518 after tax. For that financial year GARAGE HALLAERT recorded a gross margin of € 66,691 and equity of € 151,502. Compared with financial year 2024, the result moved from € 51,622 to € -518. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 151,502
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -518
▼ still € 51,622 profit in 2024
Profit after tax over the fiscal year.
€ 15,908
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 120,515.
People and assets in 2025
1.6
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 40,668
▲ 4% vs 2024
€ 25,400 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.
€ 125
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,622
▼ 64% vs 2024
€ 3,029 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 294,609
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,386
▼ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,794 | € 77,732 | € 169,701 | € 66,691 | ▼ 61% |
| Profit after taxes | € 57,490 | € 22,762 | € 51,622 | € -518 | ▼ € 52,140 |
| Equity | € 77,636 | € 100,398 | € 152,020 | € 151,502 | |
| Total debts | € 848,521 | € 441,826 | € 399,329 | € 439,209 | ▲ 10% |
| Cash | € 20,572 | € 1,276 | € 22,341 | € 15,908 | ▼ 29% |
| Retained profit | € 46,649 | € 69,411 | € 121,033 | € 120,515 | |
| Bank debt | € 74,463 | € 56,628 | € 105,142 | € 37,622 | ▼ 64% |
| Balance sheet total | € 926,157 | € 542,224 | € 551,349 | € 590,711 | ▲ 7% |
| Employees (FTE) | - | 0.6 | 1.1 | 1.6 | ▲ 0.5 |
Key figures of GARAGE HALLAERT, 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 January 2027.
What happened to GARAGE HALLAERT?
What happened at GARAGE HALLAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 518 (▼ € 52,140 vs 2024). Source: NBB ↗
- Paul Hallaert became a director. NBB
- Bart Hallaert became a director. NBB
- Christine Teirlinck became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,490 profit in 2022 to € 518 loss in 2025.
Paid € 56,466 in corporate taxes since 2022.
Best year ever: 2022, with € 57,490 profit.
On average € 41,700 of value added per employee in 2025.
Management
Behind GARAGE HALLAERT are Paul Hallaert, Bart Hallaert and Christine Teirlinck.
Directors
According to the 2025 annual accounts
Paul Hallaert
Managing director
since 2019
Bart Hallaert
Director
since 2019
Christine Teirlinck
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Hubert d'Ydewallestraat 40
8730 Beernem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.099.983
- VAT number
- BE 0451.099.983
- Registered office
- Hubert d'Ydewallestraat 40, 8730 Beernem
- Names & denominations
- GARAGE HALLAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 1993
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)