Financials
Financial year 2024
Garage Van Twembeke from Zwalm, company number BE0451812142, closed financial year 2024 with a result of € 94,560 after tax. For that financial year Garage Van Twembeke recorded a gross margin of € 256,553 and equity of € 601,744. Compared with financial year 2023, the result moved from € 34,489 to € 94,560. Profitable, and profit is growing. 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 November 25, 2025.
€ 601,744
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,560
▲ 174% vs 2023
Profit after tax over the fiscal year.
€ 205,801
▲ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 424,981.
People and assets in 2024
€ 70,854
▲ 16% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,926
▼ 53% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 57,737
▼ 26% vs 2023
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 24,183
▲ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 41,635
▲ € 36,923 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 134,279 | € 155,773 | € 151,889 | € 256,553 | ▲ 69% |
| Profit after taxes | € 9,612 | € 37,033 | € 34,489 | € 94,560 | ▲ 174% |
| Equity | € 435,663 | € 472,695 | € 507,184 | € 601,744 | ▲ 19% |
| Total debts | € 239,293 | € 190,352 | € 134,553 | € 157,114 | ▲ 17% |
| Cash | € 273,017 | € 111,103 | € 121,717 | € 205,801 | ▲ 69% |
| Land & buildings | € 253,319 | € 224,447 | € 201,860 | € 178,666 | ▼ 11% |
| Retained profit | € 258,900 | € 295,933 | € 330,421 | € 424,981 | ▲ 29% |
| Bank debt | € 117,737 | € 97,737 | € 77,737 | € 57,737 | ▼ 26% |
| Balance sheet total | € 677,128 | € 664,979 | € 643,426 | € 760,307 | ▲ 18% |
| Employees (FTE) | 1 | 1 | 1 | - |
Key figures of Garage Van Twembeke, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Garage Van Twembeke?
What happened at Garage Van Twembeke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 94,560 (▲ 174% vs 2023). filed late Source: NBB ↗
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,612 profit in 2021 to € 94,560 profit in 2024.
Paid € 102,216 in corporate taxes since 2021.
Best year ever: 2024, with € 94,560 profit.
On average € 151,900 of value added per employee in 2023.
Management
Behind Garage Van Twembeke is JO VAN TWEMBEKE.
Directors
According to the 2024 annual accounts
JO VAN TWEMBEKE
Director
Establishments
Establishment units
Physical locations of this company
Boekelbaan(SBB) 2/0001
9630 Zwalm
Boekelbaan(SBB) 2
9630 Zwalm
Active since 18 March 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.812.142
- VAT number
- BE 0451.812.142
- Registered office
- Boekelbaan(SBB) 2/0001, 9630 Zwalm
- Names & denominations
- Garage Van Twembeke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1993
- Peppol
- Active · Active since 28 Dec 2025
- 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)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Kleinhandel in onderdelen en accessoires van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)