Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SJ'S Garage from Izegem, company number BE0648856457, closed financial year 2025 with a result of € -2,900 after tax. For that financial year SJ'S Garage recorded a gross margin of € 12,847 and equity of € 1,924. Compared with financial year 2024, the result moved from € -29,368 to € -2,900. The company made a loss. The buffer shrank hard: equity is 60 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1,924
▼ 60% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,900
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,548
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,076.
People and assets in 2025
€ 7,213
▲ € 6,073 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 86,349
▼ 14% vs 2024
€ 13,320 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 214
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174
▼ 86% 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 | € -1,945 | € 28,808 | € -11,575 | € 12,847 | ▲ € 24,422 |
| Profit after taxes | € -27,737 | € 7,198 | € -29,368 | € -2,900 | ▲ € 26,468 |
| Equity | € 26,993 | € 34,192 | € 4,824 | € 1,924 | ▼ 60% |
| Total debts | € 370,656 | € 339,123 | € 343,055 | € 520,621 | ▲ 52% |
| Cash | € 15,126 | € 4,987 | € 7,453 | € 5,548 | ▼ 26% |
| Land & buildings | € 337,879 | € 328,545 | € 318,710 | € 308,883 | ▼ 3% |
| Retained profit | € -23,007 | € -15,808 | € -45,176 | € -48,076 | ▼ € 2,900 |
| Bank debt | € 126,900 | € 113,174 | € 99,879 | € 86,349 | ▼ 14% |
| Balance sheet total | € 397,650 | € 373,315 | € 347,879 | € 522,546 | ▲ 50% |
Key figures of SJ'S Garage, 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 SJ'S Garage?
What happened at SJ'S Garage in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,900. filed late Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,737 loss in 2022 to € 2,900 loss in 2025.
Paid € 574 in corporate taxes since 2022.
Best year ever: 2023, with € 7,198 profit.
Management
Behind SJ'S Garage is Jan Stragier.
Directors
According to the 2025 annual accounts
Jan Stragier
Director
Establishments
Establishment units
Physical locations of this company
Ardooisestraat 193 box 1
8870 Izegem
Minervastraat 3
8870 Izegem
Active since 22 February 2016
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.
Details
- Company number
- 0648.856.457
- VAT number
- BE 0648.856.457
- Registered office
- Ardooisestraat 193 bus 1, 8870 Izegem
- Names & denominations
- SJ'S Garage
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2016
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Overige werkzaamheden in verband met de afwerking van gebouwen
Reparatie en onderhoud van motorfietsen
Metselwerk
Schilderen van gebouwen
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Schrijnwerk
Algemene elektrotechnische installatiewerken
+3