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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE DE GROOTE from Oostkamp, company number BE0474599620, closed financial year 2025 with a result of € 336,620 after tax. For that financial year GARAGE DE GROOTE recorded a gross margin of € 2.4 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 346,218 to € 336,620. 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.
€ 2 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 336,620
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 225,134
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
36 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
25
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 9% vs 2024
€ 67,900 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.
€ 16,472
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 10% vs 2024
€ 136,206 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 914,507
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 327,929
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,585,181 | € 1,967,577 | € 2,285,649 | € 2,389,336 | ▲ 5% |
| Profit after taxes | € 163,929 | € 369,894 | € 346,218 | € 336,620 | ▼ 3% |
| Equity | € 1,115,589 | € 1,449,483 | € 1,735,702 | € 1,952,322 | ▲ 12% |
| Total debts | € 3,791,490 | € 3,659,156 | € 3,668,702 | € 3,365,663 | ▼ 8% |
| Cash | € 371,859 | € 348,685 | € 191,108 | € 225,134 | ▲ 18% |
| Land & buildings | € 2,251,500 | € 2,213,684 | € 2,125,242 | € 2,037,555 | ▼ 4% |
| Retained profit | € 795,589 | € 1,129,483 | € 1,415,702 | € 1,632,322 | ▲ 15% |
| Dividend | € 0 | € 36,000 | € 60,000 | € 120,000 | ▲ 100% |
| Bank debt | € 2,268,976 | € 2,187,951 | € 2,005,133 | € 1,810,580 | ▼ 10% |
| Balance sheet total | € 4,944,499 | € 5,142,062 | € 5,437,826 | € 5,351,407 | ▼ 2% |
| Employees (FTE) | 21.1 | 21.9 | 24.7 | 25 | ▲ 0.3 |
Key figures of GARAGE DE GROOTE, 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 DE GROOTE?
What happened at GARAGE DE GROOTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 336,620 (▼ 3% vs 2024). filed late Source: NBB ↗
- Katrien De Groote became a director. NBB
- Els De Groote became a director. NBB
- Walter De Groote became a director. NBB
- DGB-Services became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 163,929 profit in 2022 to € 336,620 profit in 2025.
Paid € 378,740 in corporate taxes since 2022.
Best year ever: 2023, with € 369,894 profit.
On average € 95,600 of value added per employee in 2025.
Management
Behind GARAGE DE GROOTE are Katrien De Groote, Els De Groote, Walter De Groote and DGB-Services. Katrien De Groote is also behind IMMO DE GROOTE.
Directors
According to the 2025 annual accounts
since 2013
Els De Groote
Director
since 2013
Walter De Groote
Director
since 2013
Director · represented by Bart De Groote
since 2013
Establishments
Establishment units
Physical locations of this company
Lieverstedestraat 20
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0474.599.620
- VAT number
- BE 0474.599.620
- Registered office
- Lieverstedestraat 20, 8020 Oostkamp
- Names & denominations
- GARAGE DE GROOTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2001
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)