Financials
Financial year 2025
GARMAT EUROPE from Erpe-Mere, company number BE0457674704, closed financial year 2025 with a result of € 111,354 after tax. For that financial year GARMAT EUROPE recorded a gross margin of € 144,114 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 108,752 to € 111,354. 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 July 3, 2026.
€ 1.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,354
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 15,147
▼ 89% 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 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,816
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,057
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 126,887 | € 131,433 | € 150,009 | € 144,114 | ▼ 4% |
| Profit after taxes | € 72,596 | € 83,690 | € 108,752 | € 111,354 | ▲ 2% |
| Equity | € 1,430,765 | € 928,769 | € 1,037,520 | € 1,148,874 | ▲ 11% |
| Total debts | € 128,192 | € 132,125 | € 29,523 | € 21,873 | ▼ 26% |
| Cash | € 169,552 | € 92,599 | € 137,445 | € 15,147 | ▼ 89% |
| Land & buildings | € 251,364 | € 251,364 | € 285,433 | € 362,808 | ▲ 27% |
| Retained profit | € 1,330,765 | € 828,769 | € 937,520 | € 1,048,874 | ▲ 12% |
| Dividend | € 118,605 | € 83,000 | € 0 | € 0 | |
| Balance sheet total | € 1,558,957 | € 1,060,894 | € 1,067,043 | € 1,170,747 | ▲ 10% |
Key figures of GARMAT EUROPE, 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 GARMAT EUROPE?
What happened at GARMAT EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,354 (▲ 2% vs 2024). Source: NBB ↗
- CxO Services BV became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,596 profit in 2022 to € 111,354 profit in 2025.
Paid € 161,622 in corporate taxes since 2022.
Best year ever: 2025, with € 111,354 profit.
Paid out € 201,605 in dividends to the owners in total.
A new publication or filing at GARMAT EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GARMAT EUROPE is CxO Services BV. CxO Services BV is also behind GARMAT.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Joseph Cardijnstraat 42
9420 Erpe-Mere
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.
Details
- Company number
- 0457.674.704
- VAT number
- BE 0457.674.704
- Registered office
- Joseph Cardijnstraat 42, 9420 Erpe-Mere
- Names & denominations
- GARMAT EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1996
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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