What does GARAGE PALERMO do?

GARAGE PALERMO is a market trader in Wevelgem. Private Limited, started on 20 December 2000, 1 establishment.

What is the address of GARAGE PALERMO?

The registered office of GARAGE PALERMO is located at Kezelberg 11, 8560 Wevelgem.

Is GARAGE PALERMO still active?

Yes. According to the CBE (15 November 2026) GARAGE PALERMO is active, legal situation “Normale toestand”, started on 20 December 2000.

Is GARAGE PALERMO registered on Peppol?

Yes, GARAGE PALERMO is registered on the Peppol network with ID 0208:0473520742.

What is the enterprise number of GARAGE PALERMO?

The enterprise number of GARAGE PALERMO is BE0473520742.

When was GARAGE PALERMO founded?

GARAGE PALERMO was founded on 20 December 2000.

Who are the directors of GARAGE PALERMO?

According to the 2025 annual accounts, the directors of GARAGE PALERMO are: Lorenzo Palermo, Valérie Rosseel, Luca Palermo.

Is GARAGE PALERMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 December 2000; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GARAGE PALERMO make in 2025?

GARAGE PALERMO posted a profit after taxes of € 247,146 in financial year 2025.

What is the revenue of GARAGE PALERMO?

As a small company, GARAGE PALERMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 654,244.

How much does an employee at GARAGE PALERMO earn?

The average wage cost per full-time employee at GARAGE PALERMO was € 47,300 in 2025: staff costs of € 156,020 for 3.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARAGE PALERMO have?

According to the 2025 annual accounts, GARAGE PALERMO has 3.3 full-time equivalents (FTE).

GARAGE PALERMO (Private Limited) - Wevelgem

Q: Who owns GARAGE PALERMO?

Behind GARAGE PALERMO are Lorenzo Palermo, Valérie Rosseel and Luca Palermo.

Dossier GARAGE PALERMO, printed on 15 November 2026 from databakkes.be/en/0473520742/garage-palermo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GARAGE PALERMO from Wevelgem, company number BE0473520742, closed financial year 2025 with a result of € 247,146 after tax. For that financial year GARAGE PALERMO recorded a gross margin of € 654,244 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 149,040 to € 247,146. 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 February 2, 2026.

What it is worth Growing

€ 2.2 million

▲ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 247,146

▲ 66% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 517,067

▼ 14% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.2 million.

People and assets in 2025

Full-time equivalents

3.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 156,020

▲ 17% vs 2024

€ 47,300 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.

Vehicles and equipment

€ 8,207

▼ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 32,038

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 106,189

▼ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 391,045 Gross margin 2022: € 391,045 First fiscal year in the series	€ 483,955 Gross margin 2023: € 483,955 ▲ 24% vs 2022 (€ 391,045) Favourable step	€ 623,243 Gross margin 2024: € 623,243 ▲ 29% vs 2023 (€ 483,955) Favourable step	€ 654,244 Gross margin 2025: € 654,244 ▲ 5% vs 2024 (€ 623,243) Favourable step	▲ 5%
Profit after taxes	€ 73,673 Profit after taxes 2022: € 73,673 First fiscal year in the series	€ 147,833 Profit after taxes 2023: € 147,833 ▲ 101% vs 2022 (€ 73,673) Favourable step	€ 149,040 Profit after taxes 2024: € 149,040 ▲ 1% vs 2023 (€ 147,833) Favourable step	€ 247,146 Profit after taxes 2025: € 247,146 ▲ 66% vs 2024 (€ 149,040) Favourable step	▲ 66%
Equity	€ 1,673,814 Equity 2022: € 1,673,814 First fiscal year in the series	€ 1,821,648 Equity 2023: € 1,821,648 ▲ 9% vs 2022 (€ 1,673,814) Favourable step	€ 1,976,901 Equity 2024: € 1,976,901 ▲ 9% vs 2023 (€ 1,821,648) Favourable step	€ 2,224,047 Equity 2025: € 2,224,047 ▲ 13% vs 2024 (€ 1,976,901) Favourable step	▲ 13%
Total debts	€ 579,904 Total debts 2022: € 579,904 First fiscal year in the series	€ 616,155 Total debts 2023: € 616,155 ▲ 6% vs 2022 (€ 579,904) Unfavourable step	€ 603,405 Total debts 2024: € 603,405 ▼ 2% vs 2023 (€ 616,155) Favourable step	€ 528,213 Total debts 2025: € 528,213 ▼ 12% vs 2024 (€ 603,405) Favourable step	▼ 12%
Cash	€ 1,120,483 Cash 2022: € 1,120,483 First fiscal year in the series	€ 486,419 Cash 2023: € 486,419 ▼ 57% vs 2022 (€ 1,120,483) Unfavourable step	€ 601,540 Cash 2024: € 601,540 ▲ 24% vs 2023 (€ 486,419) Favourable step	€ 517,067 Cash 2025: € 517,067 ▼ 14% vs 2024 (€ 601,540) Unfavourable step	▼ 14%
Land & buildings	€ 448,351 Land & buildings 2022: € 448,351 First fiscal year in the series	€ 395,050 Land & buildings 2023: € 395,050 ▼ 12% vs 2022 (€ 448,351) Unchanged	€ 335,256 Land & buildings 2024: € 335,256 ▼ 15% vs 2023 (€ 395,050) Unchanged	€ 295,045 Land & buildings 2025: € 295,045 ▼ 12% vs 2024 (€ 335,256) Unchanged	▼ 12%
Retained profit	€ 1,653,983 Retained profit 2022: € 1,653,983 First fiscal year in the series	€ 1,801,816 Retained profit 2023: € 1,801,816 ▲ 9% vs 2022 (€ 1,653,983) Favourable step	€ 1,957,070 Retained profit 2024: € 1,957,070 ▲ 9% vs 2023 (€ 1,801,816) Favourable step	€ 2,204,215 Retained profit 2025: € 2,204,215 ▲ 13% vs 2024 (€ 1,957,070) Favourable step	▲ 13%
Bank debt	€ 22 Bank debt 2022: € 22 First fiscal year in the series	€ 22 Bank debt 2023: € 22 Unchanged (€ 22) Unchanged	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 22) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,297,211 Balance sheet total 2022: € 2,297,211 First fiscal year in the series	€ 2,475,082 Balance sheet total 2023: € 2,475,082 ▲ 8% vs 2022 (€ 2,297,211) Unchanged	€ 2,694,523 Balance sheet total 2024: € 2,694,523 ▲ 9% vs 2023 (€ 2,475,082) Unchanged	€ 2,876,533 Balance sheet total 2025: € 2,876,533 ▲ 7% vs 2024 (€ 2,694,523) Unchanged	▲ 7%
Employees (FTE)	3.3 Employees (FTE) 2022: 3.3 First fiscal year in the series	3 Employees (FTE) 2023: 3 ▼ 0.3 vs 2022 (3.3) Unchanged	3.3 Employees (FTE) 2024: 3.3 ▲ 0.3 vs 2023 (3) Unchanged	3.3 Employees (FTE) 2025: 3.3 Unchanged (3.3) Unchanged

By gross margin, GARAGE PALERMO ranks 2nd of 13 companies with main activity “Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)” in Wevelgem that publish figures (fiscal year 2025).

Key figures of GARAGE PALERMO, 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 January 2027.

Ask about GARAGE PALERMO the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to GARAGE PALERMO?

What happened at GARAGE PALERMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 2, 2026 New annual accounts for financial year 2025: profit of € 247,146 (▲ 66% vs 2024). filed late Source: NBB ↗
2024 Valérie Rosseel became a director. NBB
2023 Lorenzo Palermo became a director. NBB
2023 Luca Palermo became a director. NBB
Dec 24, 2001 New establishment in Wevelgem. KBO
Dec 20, 2000 Start of the company according to the CBE. KBO

In short

From € 73,673 profit in 2022 to € 247,146 profit in 2025.

Paid € 320,462 in corporate taxes since 2022.

Best year ever: 2025, with € 247,146 profit.

On average € 198,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Lorenzo Palermo Valérie Rosseel Luca Palermo

GARAGE PALERMO

Behind GARAGE PALERMO are Lorenzo Palermo, Valérie Rosseel and Luca Palermo.

Directors

According to the 2025 annual accounts

Lorenzo Palermo

Director

since 2023

Valérie Rosseel

Director

since 2024

Luca Palermo

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Kezelberg 11

8560 Wevelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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Details

Company number

0473.520.742

VAT number

BE 0473.520.742

Registered office

Kezelberg 11, 8560 Wevelgem

Names & denominations

GARAGE PALERMO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 December 2000

Peppol

Active · Active since 9 Mar 2026

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Onderhoud en reparatie van auto's

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

GARAGE PALERMO

Financials

Ask about GARAGE PALERMO the way you would ask their accountant.

What happened to GARAGE PALERMO?

Management

Directors

Establishments

Establishment units

Similar companies in Wevelgem

Details

Frequently asked questions