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 20 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GARAGE DOCHY from Izegem, company number BE0507854188, closed financial year 2024 with a result of € 413,192 after tax. For that financial year GARAGE DOCHY recorded a gross margin of € 828,735 and equity of € 963,116. Compared with financial year 2023, the result moved from € 621,428 to € 413,192. The company is profitable. The buffer shrank hard: equity is 61 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 963,116
▼ 61% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 413,192
▼ 34% vs 2023
Profit after tax over the fiscal year.
€ 328,961
▼ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
2.5
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 138,916
▲ 30% vs 2023
€ 55,600 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.
€ 1,466
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1 million
▼ 9% vs 2023
€ 103,954 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 496,962
▼ 55% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 79,743
▼ 28% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 775,520 | € 718,161 | € 1,195,203 | € 828,735 | ▼ 31% |
| Profit after taxes | € 386,616 | € 339,905 | € 621,428 | € 413,192 | ▼ 34% |
| Equity | € 1,479,266 | € 1,819,172 | € 2,440,599 | € 963,116 | ▼ 61% |
| Total debts | € 2,046,928 | € 1,687,745 | € 2,628,102 | € 3,254,670 | ▲ 24% |
| Cash | € 610,626 | € 1,042,220 | € 909,291 | € 328,961 | ▼ 64% |
| Land & buildings | € 1,363,268 | € 1,249,464 | € 1,135,099 | € 1,037,225 | ▼ 9% |
| Retained profit | € 1,459,266 | € 1,799,172 | € 2,420,599 | € 943,116 | ▼ 61% |
| Dividend | € 5,000 | € 0 | € 0 | € 1,890,675 | |
| Bank debt | € 1,320,278 | € 1,222,530 | € 1,122,757 | € 1,020,981 | ▼ 9% |
| Balance sheet total | € 3,541,087 | € 3,521,402 | € 5,079,222 | € 4,230,768 | ▼ 17% |
| Employees (FTE) | 2 | 1.8 | 2.1 | 2.5 | ▲ 0.4 |
Key figures of GARAGE DOCHY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GARAGE DOCHY?
What happened at GARAGE DOCHY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 413,192 (▼ 34% vs 2023). filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 386,616 profit in 2021 to € 413,192 profit in 2024.
Paid € 630,551 in corporate taxes since 2021.
Best year ever: 2023, with € 621,428 profit.
On average € 331,500 of value added per employee in 2024.
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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 DOCHY is DOTJA INVEST VOF.
Directors
According to the 2024 annual accounts
Director · represented by Dochy STEVEN
Establishments
Establishment units
Physical locations of this company
Minervastraat 1
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.854.188
- VAT number
- BE 0507.854.188
- Registered office
- Minervastraat 1, 8870 Izegem
- Names & denominations
- GARAGE DOCHY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2014
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)