Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GARAGE MORTHIER from Tielt, company number BE0633753854, closed financial year 2024 with a result of € 74,372 after tax. For that financial year GARAGE MORTHIER recorded a gross margin of € 149,075 and equity of € 693,631. Compared with financial year 2023, the result moved from € 73,360 to € 74,372. 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 September 30, 2025.
€ 693,631
▲ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,372
▲ 1% vs 2023
Profit after tax over the fiscal year.
€ 179,155
▲ € 140,377 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 556,308.
Debts at end 2024
€ 288,202
▼ 10% vs 2023
€ 32,339 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 22,971
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,233
▲ 26% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 101,181 | € 173,685 | € 139,711 | € 149,075 | ▲ 7% |
| Profit after taxes | € 58,021 | € 119,035 | € 73,360 | € 74,372 | ▲ 1% |
| Equity | € 426,864 | € 545,900 | € 619,259 | € 693,631 | ▲ 12% |
| Total debts | € 331,272 | € 550,120 | € 842,253 | € 739,390 | ▼ 12% |
| Cash | € 51,777 | € 98,289 | € 38,778 | € 179,155 | ▲ € 140,377 |
| Land & buildings | € 63,385 | € 177,869 | € 477,545 | € 448,187 | ▼ 6% |
| Retained profit | € 289,541 | € 408,577 | € 481,936 | € 556,308 | ▲ 15% |
| Bank debt | € 0 | € 99,542 | € 319,554 | € 288,202 | ▼ 10% |
| Balance sheet total | € 758,136 | € 1,096,020 | € 1,461,512 | € 1,433,022 | ▼ 2% |
Key figures of GARAGE MORTHIER, 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 MORTHIER?
What happened at GARAGE MORTHIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 74,372 (▲ 1% vs 2023). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Joris Morthier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 58,021 profit in 2021 to € 74,372 profit in 2024.
Paid € 116,546 in corporate taxes since 2021.
Best year ever: 2022, with € 119,035 profit.
A new publication or filing at GARAGE MORTHIER? We notify you, reason included.
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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 MORTHIER is Joris Morthier.
Directors
According to the 2024 annual accounts
Joris Morthier
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 200
8700 Tielt
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
Self-hosted
Hosting
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0633.753.854
- VAT number
- BE 0633.753.854
- Registered office
- Deinsesteenweg 200, 8700 Tielt
- Names & denominations
- GARAGE MORTHIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2015
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- garagemorthier.be
- 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)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)