Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE GEERTS from Beringen, company number BE0465728672, closed financial year 2025 with a result of € 18 after tax. For that financial year GARAGE GEERTS recorded a gross margin of € 24,736 and equity of € 178,128. Compared with financial year 2024, the result moved from € 46,189 to € 18. The company is profitable. 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 August 31, 2026.
€ 178,128
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18
▼ € 46,171 vs 2024
Profit after tax over the fiscal year.
€ 33,382
▼ 7% 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 € 69,528.
People and assets in 2025
€ 11,886
▲ 10% 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.
Debts at end 2025
€ 20,968
▼ 42% vs 2024
€ 15,657 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 10,357
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,551
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,602 | € 45,709 | € 89,406 | € 24,736 | ▼ 72% |
| Profit after taxes | € 6,001 | € 9,777 | € 46,189 | € 18 | ▼ € 46,171 |
| Equity | € 122,144 | € 131,921 | € 178,110 | € 178,128 | |
| Total debts | € 202,200 | € 197,995 | € 194,915 | € 160,725 | ▼ 18% |
| Cash | € 25,532 | € 5,917 | € 35,908 | € 33,382 | ▼ 7% |
| Retained profit | € 13,544 | € 23,321 | € 69,510 | € 69,528 | |
| Bank debt | € 65,557 | € 51,081 | € 36,221 | € 20,968 | ▼ 42% |
| Balance sheet total | € 324,344 | € 329,916 | € 373,025 | € 338,853 | ▼ 9% |
Key figures of GARAGE GEERTS, 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 GEERTS?
What happened at GARAGE GEERTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18 (▼ € 46,171 vs 2024). filed late Source: NBB ↗
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,001 profit in 2022 to € 18 profit in 2025.
Paid € 16,494 in corporate taxes since 2022.
Best year ever: 2024, with € 46,189 profit.
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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 GARAGE GEERTS are Michaël Geerts and Chris Geerts. Michaël Geerts is also behind Babybaby.
Directors
According to the 2025 annual accounts
Chris Geerts
Director
Establishments
Establishment units
Physical locations of this company
Industrieweg 23
3583 Beringen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.728.672
- VAT number
- BE 0465.728.672
- Registered office
- Industrieweg 23, 3583 Beringen
- Names & denominations
- GARAGE GEERTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 1999
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Verhuur van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)