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.
€ 2.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 247,146
▲ 66% vs 2024
Profit after tax over the fiscal year.
€ 517,067
▼ 14% 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 € 2.2 million.
People and assets in 2025
3.3
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 8,207
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 32,038
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,189
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 391,045 | € 483,955 | € 623,243 | € 654,244 | ▲ 5% |
| Profit after taxes | € 73,673 | € 147,833 | € 149,040 | € 247,146 | ▲ 66% |
| Equity | € 1,673,814 | € 1,821,648 | € 1,976,901 | € 2,224,047 | ▲ 13% |
| Total debts | € 579,904 | € 616,155 | € 603,405 | € 528,213 | ▼ 12% |
| Cash | € 1,120,483 | € 486,419 | € 601,540 | € 517,067 | ▼ 14% |
| Land & buildings | € 448,351 | € 395,050 | € 335,256 | € 295,045 | ▼ 12% |
| Retained profit | € 1,653,983 | € 1,801,816 | € 1,957,070 | € 2,204,215 | ▲ 13% |
| Bank debt | € 22 | € 22 | € 0 | € 0 | |
| Balance sheet total | € 2,297,211 | € 2,475,082 | € 2,694,523 | € 2,876,533 | ▲ 7% |
| Employees (FTE) | 3.3 | 3 | 3.3 | 3.3 |
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.
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:
- New annual accounts for financial year 2025: profit of € 247,146 (▲ 66% vs 2024). filed late Source: NBB ↗
- Valérie Rosseel became a director. NBB
- Lorenzo Palermo became a director. NBB
- Luca Palermo became a director. NBB
- New establishment in Wevelgem. KBO
- 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.
A new publication or filing at GARAGE PALERMO? We notify you, reason included.
Follow GARAGE PALERMODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 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
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.
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)