Financials
Financial year 2025
Garage Koen Ghyselinck from Merelbeke-Melle, company number BE0691833593, closed financial year 2025 with a result of € 15,122 after tax. For that financial year Garage Koen Ghyselinck recorded a gross margin of € 66,880 and equity of € 73,775. Compared with financial year 2024, the result moved from € 23,762 to € 15,122. 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 July 13, 2026.
€ 73,775
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,122
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 73,036
▲ 21% 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 € 55,175.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,934
▲ 159% 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.
€ 16,703
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,000
▼ 47% vs 2024
Loans from banks and other lenders, long and short.
€ 39,183
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,923
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,409 | € 27,186 | € 66,277 | € 66,880 | ▲ 1% |
| Profit after taxes | € 6,488 | € 1,867 | € 23,762 | € 15,122 | ▼ 36% |
| Equity | € 35,274 | € 37,141 | € 58,653 | € 73,775 | ▲ 26% |
| Total debts | € 127,645 | € 104,576 | € 84,130 | € 69,749 | ▼ 17% |
| Cash | € 69,139 | € 76,676 | € 60,415 | € 73,036 | ▲ 21% |
| Retained profit | € 16,674 | € 18,541 | € 40,053 | € 55,175 | ▲ 38% |
| Dividend | € 0 | € 0 | € 2,250 | € 0 | ▼ 100% |
| Bank debt | € 65,353 | € 59,298 | € 28,129 | € 15,000 | ▼ 47% |
| Balance sheet total | € 162,919 | € 141,717 | € 142,783 | € 143,525 | ▲ 1% |
Key figures of Garage Koen Ghyselinck, 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 Koen Ghyselinck?
What happened at Garage Koen Ghyselinck in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,122 (▼ 36% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Koen Ghyselinck became a director. NBB
In short
From € 6,488 profit in 2022 to € 15,122 profit in 2025.
Paid € 13,032 in corporate taxes since 2022.
Best year ever: 2024, with € 23,762 profit.
Paid out € 2,250 in dividends to the owners in total.
A new publication or filing at Garage Koen Ghyselinck? We notify you, reason included.
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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
Behind Garage Koen Ghyselinck is Koen Ghyselinck.
Directors
According to the 2025 annual accounts
Koen Ghyselinck
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Sint-Elooistraat 57
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.833.593
- VAT number
- BE 0691.833.593
- Registered office
- Sint-Elooistraat 57, 9820 Merelbeke-Melle
- Names & denominations
- Garage Koen Ghyselinck · Garage Koen G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2018
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Algemeen onderhoud en reparatie van 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)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)