Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE DE LUST from Merelbeke-Melle, company number BE0468657874, closed financial year 2025 with a result of € 2,036 after tax. For that financial year GARAGE DE LUST recorded a gross margin of € 9,187 and equity of € -199,832. Compared with financial year 2024, the result moved from € 6,838 to € 2,036. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ -199,832
▲ € 2,036 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,036
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 21,700
▲ 3% 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 € -217,682.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,409
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,309
▼ 8% vs 2024
€ 2,079 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,996
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 887
▼ 33% 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 | € 15,579 | € -437 | € 10,870 | € 9,187 | ▼ 15% |
| Profit after taxes | € 13,994 | € -2,120 | € 6,838 | € 2,036 | ▼ 70% |
| Equity | € -206,586 | € -208,706 | € -201,869 | € -199,832 | ▲ € 2,036 |
| Total debts | € 233,345 | € 238,667 | € 243,097 | € 239,619 | ▼ 1% |
| Cash | € 14,871 | € 14,504 | € 21,094 | € 21,700 | ▲ 3% |
| Retained profit | € -224,435 | € -226,556 | € -219,718 | € -217,682 | ▲ € 2,036 |
| Bank debt | € 45,250 | € 49,038 | € 48,144 | € 44,309 | ▼ 8% |
| Balance sheet total | € 26,759 | € 29,960 | € 41,229 | € 39,786 | ▼ 3% |
Key figures of GARAGE DE LUST, 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 April 2027.
What happened to GARAGE DE LUST?
What happened at GARAGE DE LUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,036 (▼ 70% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,994 profit in 2022 to € 2,036 profit in 2025.
Best year ever: 2022, with € 13,994 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 DE LUST is Didier De Lust.
Directors
According to the 2025 annual accounts
Didier De Lust
Director
Establishments
Establishment units
Physical locations of this company
Fraterstraat 1
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.657.874
- VAT number
- BE 0468.657.874
- Registered office
- Fraterstraat 1, 9820 Merelbeke-Melle
- Names & denominations
- GARAGE DE LUST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1999
- Peppol
- Active · Active since 21 Aug 2025
- 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)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)