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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE RABAEY from Ichtegem, company number BE0478402812, closed financial year 2025 with a result of € 178,852 after tax. For that financial year GARAGE RABAEY recorded a gross margin of € 412,433 and equity of € 57,750. Compared with financial year 2024, the result moved from € 218,648 to € 178,852. The company is profitable. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 57,750
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,852
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 222,003
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 118,658
▲ 8% vs 2024
€ 59,300 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.
€ 38,838
▼ 17% 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.
€ 290,230
▲ 195% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,841
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 349,171 | € 384,061 | € 399,962 | € 412,433 | ▲ 3% |
| Profit after taxes | € 179,814 | € 187,754 | € 218,648 | € 178,852 | ▼ 18% |
| Equity | € 829,409 | € 892,163 | € 950,811 | € 57,750 | ▼ 94% |
| Total debts | € 308,910 | € 218,069 | € 296,737 | € 1,419,212 | ▲ € 1.1 million |
| Cash | € 299,992 | € 161,586 | € 386,201 | € 222,003 | ▼ 43% |
| Land & buildings | € 34,655 | € 25,262 | € 69,036 | € 67,539 | ▼ 2% |
| Retained profit | € 776,909 | € 839,663 | € 898,311 | € 5,250 | ▼ 99% |
| Dividend | € 75,000 | € 125,000 | € 160,000 | € 1,071,913 | ▲ € 911,913 |
| Bank debt | € 133,373 | € 8,426 | € 0 | € 0 | |
| Balance sheet total | € 1,138,319 | € 1,110,232 | € 1,247,549 | € 1,476,962 | ▲ 18% |
| Employees (FTE) | 2 | 2.1 | 2 | 2 |
Key figures of GARAGE RABAEY, 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 RABAEY?
What happened at GARAGE RABAEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,852 (▼ 18% vs 2024). Source: NBB ↗
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,814 profit in 2022 to € 178,852 profit in 2025.
Paid € 151,918 in corporate taxes since 2022.
Best year ever: 2024, with € 218,648 profit.
On average € 206,200 of value added per employee in 2025.
Management
The stake of ARTHORA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARAGE RABAEYBehind GARAGE RABAEY are Camiel Rabaey and Arthora BV. The shares are held by ARTHORA (100%).
Directors
According to the 2025 annual accounts
Camiel Rabaey
Director
Director · represented by Hervé Rabaey
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutbaan(ICH) 72
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0478.402.812
- VAT number
- BE 0478.402.812
- Registered office
- Torhoutbaan(ICH) 72, 8480 Ichtegem
- Names & denominations
- GARAGE RABAEY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2002
- Peppol
- Active · Active since 1 Apr 2026
- Contact
- garagerabaey.be [email protected]
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)