Financials
Financial year 2025
Garage De Corte from Oosterzele, company number BE0644793147, closed financial year 2025 with a result of € 21,303 after tax. For that financial year Garage De Corte recorded a gross margin of € 65,719 and equity of € 147,938. Compared with financial year 2024, the result moved from € 32,904 to € 21,303. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 147,938
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,303
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 185,895
▲ € 174,659 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 € 129,338.
Debts at end 2025
€ 351,674
▼ 13% vs 2024
€ 47,115 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 825,011
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,243
▼ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,214 | € 135,392 | € 88,942 | € 65,719 | ▼ 26% |
| Profit after taxes | € 35,521 | € 72,848 | € 32,904 | € 21,303 | ▼ 35% |
| Equity | € 151,383 | € 93,731 | € 126,635 | € 147,938 | ▲ 17% |
| Total debts | € 756,340 | € 1,025,088 | € 1,486,635 | € 1,414,105 | ▼ 5% |
| Cash | € 155,434 | € 82,333 | € 11,236 | € 185,895 | ▲ € 174,659 |
| Retained profit | € 132,783 | € 75,131 | € 108,035 | € 129,338 | ▲ 20% |
| Dividend | € 0 | € 130,500 | € 0 | € 0 | |
| Bank debt | € 239,425 | € 279,246 | € 403,057 | € 351,674 | ▼ 13% |
| Balance sheet total | € 907,723 | € 1,118,819 | € 1,613,271 | € 1,562,043 | ▼ 3% |
Key figures of Garage De Corte, 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 Corte?
What happened at Garage De Corte in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,303 (▼ 35% vs 2024). Source: NBB ↗
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,521 profit in 2022 to € 21,303 profit in 2025.
Paid € 67,798 in corporate taxes since 2022.
Best year ever: 2023, with € 72,848 profit.
Paid out € 130,500 in dividends to the owners in total.
Management
Behind Garage De Corte are Karl De Corte and Koen De Corte. Koen De Corte is also behind GARAGE DE CORTE JULIEN.
Directors
According to the 2025 annual accounts
Karl De Corte
Director
Establishments
Establishment units
Physical locations of this company
Pelgrim 30
9860 Oosterzele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LITESERVER, NL
Website info
Features
Security
Network
Details
- Company number
- 0644.793.147
- VAT number
- BE 0644.793.147
- Registered office
- Pelgrim 30, 9860 Oosterzele
- Names & denominations
- Garage De Corte
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2015
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- garage-decorte.be +32 9 362 68 28
- Activities · NACE
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