Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE VANCAYZEELE from Ieper, company number BE0689562310, closed financial year 2025 with a result of € 453,134 after tax. For that financial year GARAGE VANCAYZEELE recorded a gross margin of € 2.9 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 777,937 to € 453,134. The company is profitable. 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 April 3, 2026.
€ 5.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 453,134
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 44,767
▼ 87% 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 € 4.9 million.
People and assets in 2025
26.6
▲ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 29% vs 2024
€ 67,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 166,155
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.9 million
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 3.1 million
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 266,791
▼ 42% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,600,842 | € 3,672,101 | € 2,903,237 | € 2,886,817 | ▼ 1% |
| Profit after taxes | € 1,012,329 | € 1,708,404 | € 777,937 | € 453,134 | ▼ 42% |
| Equity | € 2,371,520 | € 4,079,924 | € 4,857,861 | € 5,310,995 | ▲ 9% |
| Total debts | € 5,271,100 | € 7,917,959 | € 7,465,666 | € 7,891,079 | ▲ 6% |
| Cash | € 14,046 | € 574,833 | € 356,757 | € 44,767 | ▼ 87% |
| Land & buildings | - | - | - | € 273,500 | |
| Retained profit | € 1,963,470 | € 3,671,874 | € 4,449,811 | € 4,902,945 | ▲ 10% |
| Bank debt | € 2,117,312 | € 3,697,200 | € 4,471,277 | € 3,926,258 | ▼ 12% |
| Balance sheet total | € 7,642,620 | € 11,997,883 | € 12,323,527 | € 13,202,074 | ▲ 7% |
| Employees (FTE) | 17.1 | 16.5 | 20.5 | 26.6 | ▲ 6.1 |
Key figures of GARAGE VANCAYZEELE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GARAGE VANCAYZEELE?
What happened at GARAGE VANCAYZEELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 453,134 (▼ 42% vs 2024). Source: NBB ↗
- CEVAN MANAGEMENT BV became a director. NBB
- New establishment in Kortrijk. KBO
- New establishment in Roeselare. KBO
- New establishment in Ieper. KBO
- ESTATE VANCAYZEELE BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 453,134 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.7 million profit.
On average € 108,500 of value added per employee in 2025.
Management
Behind GARAGE VANCAYZEELE are ESTATE VANCAYZEELE BV and CEVAN MANAGEMENT BV. CEVAN MANAGEMENT BV is also behind DEMAN CARROSSERIE.
Directors
According to the 2025 annual accounts
Director · represented by VANDEPUTTE CHRISTEL
since 2018
since 2026
Establishments
Establishment units
Physical locations of this company
Dehemlaan 10
8900 Ieper
Houtskoolstraat 10
8800 Roeselare
Active since 17 April 2019
Pottelberg(Kor) 30
8500 Kortrijk
Active since 1 October 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0689.562.310
- VAT number
- BE 0689.562.310
- Registered office
- Dehemlaan 10, 8900 Ieper
- Names & denominations
- GARAGE VANCAYZEELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2018
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- vancayzeele.be
- Activities · NACE
Detailhandel 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)
Groothandel in delen en toebehoren van motorvoertuigen
Verhuur en lease van vrachtwagens
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
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