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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Garage Denutte from Wevelgem, company number BE0678396620, closed financial year 2025 with a result of € 19,902 after tax. For that financial year Garage Denutte recorded a gross margin of € 239,151 and equity of € 148,574. Compared with financial year 2024, the result moved from € 18,279 to € 19,902. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 148,574
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,902
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 15,965
▼ 48% 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 € 129,974.
People and assets in 2025
€ 136,744
▲ 194% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 92,708
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 187,133
▲ 23% vs 2024
€ 35,112 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 114,599
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,182
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,997 | € 109,309 | € 134,418 | € 239,151 | ▲ 78% |
| Profit after taxes | € 55,064 | € 37,996 | € 18,279 | € 19,902 | ▲ 9% |
| Equity | € 119,376 | € 149,772 | € 128,672 | € 148,574 | ▲ 15% |
| Total debts | € 113,751 | € 204,854 | € 291,532 | € 351,216 | ▲ 20% |
| Cash | € 33,134 | € 13,664 | € 30,791 | € 15,965 | ▼ 48% |
| Retained profit | € 113,176 | € 131,172 | € 110,072 | € 129,974 | ▲ 18% |
| Dividend | € 800 | € 20,000 | € 39,378 | € 0 | ▼ 100% |
| Bank debt | € 44,590 | € 129,853 | € 151,552 | € 187,133 | ▲ 23% |
| Balance sheet total | € 233,127 | € 354,626 | € 420,204 | € 499,790 | ▲ 19% |
Key figures of Garage Denutte, 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 Denutte?
What happened at Garage Denutte in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,902 (▲ 9% vs 2024). filed late Source: NBB ↗
- Steffi Demaeght became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,064 profit in 2022 to € 19,902 profit in 2025.
Paid € 39,391 in corporate taxes since 2022.
Best year ever: 2022, with € 55,064 profit.
Paid out € 60,178 in dividends to the owners in total.
Management
Behind Garage Denutte are Mathy Denutte and Steffi Demaeght.
Directors
According to the 2025 annual accounts
Mathy Denutte
Director
Steffi Demaeght
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Roeselarestraat 84
8560 Wevelgem
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
Google Workspace
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 0678.396.620
- VAT number
- BE 0678.396.620
- Registered office
- Roeselarestraat 84, 8560 Wevelgem
- Names & denominations
- Garage Denutte
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2017
- Peppol
- Active · Active since 26 May 2025
- Contact
- garage-denutte.be
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen