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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GARAGE PHLIPS from Jabbeke, company number BE0462053758, closed financial year 2025 with a result of € -44,999 after tax. For that financial year GARAGE PHLIPS recorded a gross margin of € 220,553 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -119,602 to € -44,999. The company made a loss. 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 15, 2026.
€ 1.2 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,999
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 100,307
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 220,441.
People and assets in 2025
3.4
Average over the fiscal year, from the social balance sheet.
€ 205,529
▼ 22% vs 2024
€ 60,400 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.
€ 5,042
▲ 106% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16
▼ 89% vs 2024
Loans from banks and other lenders, long and short.
€ 33,089
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,382
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 285,725 | € 336,800 | € 223,446 | € 220,553 | ▼ 1% |
| Profit after taxes | € -67,275 | € 41,325 | € -119,602 | € -44,999 | ▲ € 74,603 |
| Equity | € 1,941,610 | € 1,982,935 | € 1,258,333 | € 1,213,335 | ▼ 4% |
| Total debts | € 635,460 | € 406,399 | € 391,663 | € 98,748 | ▼ 75% |
| Cash | € 53,911 | € 112,799 | € 90,445 | € 100,307 | ▲ 11% |
| Land & buildings | € 557,785 | € 518,959 | € 483,032 | € 441,725 | ▼ 9% |
| Retained profit | € 343,717 | € 385,042 | € 265,440 | € 220,441 | ▼ 17% |
| Bank debt | € 150,402 | € 50,840 | € 146 | € 16 | ▼ 89% |
| Balance sheet total | € 2,577,070 | € 2,389,334 | € 1,649,996 | € 1,312,082 | ▼ 20% |
| Employees (FTE) | 4.5 | 3.4 | 3.4 | 3.4 |
Key figures of GARAGE PHLIPS, 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 PHLIPS?
What happened at GARAGE PHLIPS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,999. Source: NBB ↗
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,275 loss in 2022 to € 44,999 loss in 2025.
Paid € 916 in corporate taxes since 2022.
Best year ever: 2023, with € 41,325 profit.
On average € 64,900 of value added per employee in 2025.
Management
Behind GARAGE PHLIPS is Karl Phlips. Karl Phlips is also behind FRE-KAR.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Vlamingveld 39
8490 Jabbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Telenet Mail
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0462.053.758
- VAT number
- BE 0462.053.758
- Registered office
- Vlamingveld 39, 8490 Jabbeke
- Names & denominations
- GARAGE PHLIPS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1997
- Peppol
- Active · Active since 9 Jan 2025
- Contact
- garage-phlips.be
- 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)
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)