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 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SJ'S Garage from Izegem, company number BE0648856457, closed financial year 2024 with a result of € -29,368 after tax. For that financial year SJ'S Garage recorded a gross margin of € -11,575 and equity of € 4,824. Compared with financial year 2023, the result moved from € 7,198 to € -29,368. The company made a loss. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2025.
€ 4,824
▼ 86% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,368
▼ still € 7,198 profit in 2023
Profit after tax over the fiscal year.
€ 7,453
▲ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,176.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,140
▼ 88% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 99,879
▼ 12% vs 2023
€ 13,530 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,125
▲ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,258
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 | € 21,327 | € -1,945 | € 28,808 | € -11,575 | ▼ € 40,383 |
| Profit after taxes | € -5,055 | € -27,737 | € 7,198 | € -29,368 | ▼ € 36,566 |
| Equity | € 54,730 | € 26,993 | € 34,192 | € 4,824 | ▼ 86% |
| Total debts | € 367,246 | € 370,656 | € 339,123 | € 343,055 | ▲ 1% |
| Cash | € 12,132 | € 15,126 | € 4,987 | € 7,453 | ▲ 49% |
| Land & buildings | € 347,664 | € 337,879 | € 328,545 | € 318,710 | ▼ 3% |
| Retained profit | € 4,730 | € -23,007 | € -15,808 | € -45,176 | ▼ € 29,368 |
| Bank debt | € 139,296 | € 126,900 | € 113,174 | € 99,879 | ▼ 12% |
| Balance sheet total | € 421,977 | € 397,650 | € 373,315 | € 347,879 | ▼ 7% |
Key figures of SJ'S Garage, 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 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 2024: loss of € 29,368 (▼ € 36,566 vs 2023). Source: NBB ↗
- New establishment in Izegem. KBO
- Jan Stragier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,055 loss in 2021 to € 29,368 loss in 2024.
Paid € 682 in corporate taxes since 2021.
Best year ever: 2023, with € 7,198 profit.
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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
Directors
According to the 2024 annual accounts
Jan Stragier
Manager
since 2016
Establishments
Establishment units
Physical locations of this company
Ardooisestraat 193 box 1
8870 Izegem
Minervastraat 3
8870 Izegem
Active since 22 February 2016
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