Financials
Financial year 2025
Garage Dewulf from Kortemark, company number BE0742897660, closed financial year 2025 with a result of € 148,232 after tax. For that financial year Garage Dewulf recorded a gross margin of € 259,418 and equity of € 466,806. Compared with financial year 2024, the result moved from € 124,936 to € 148,232. Profitable, and profit is growing. 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 November 7, 2025.
€ 466,806
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,232
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 227,878
▲ 47% 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 € 465,806.
People and assets in 2025
€ 220
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,483
▲ 185% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,175
▼ 16% vs 2024
€ 8,100 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 23,204
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,408
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,673 | € 151,520 | € 214,895 | € 259,418 | ▲ 21% |
| Profit after taxes | € 29,677 | € 77,596 | € 124,936 | € 148,232 | ▲ 19% |
| Equity | € 116,041 | € 193,638 | € 318,574 | € 466,806 | ▲ 47% |
| Total debts | € 584,493 | € 461,677 | € 383,791 | € 290,530 | ▼ 24% |
| Cash | € 169,347 | € 76,738 | € 154,926 | € 227,878 | ▲ 47% |
| Land & buildings | € 339,648 | € 348,703 | € 331,543 | € 316,472 | ▼ 5% |
| Retained profit | € 115,041 | € 192,638 | € 317,574 | € 465,806 | ▲ 47% |
| Bank debt | € 65,475 | € 57,375 | € 49,275 | € 41,175 | ▼ 16% |
| Balance sheet total | € 700,534 | € 655,315 | € 702,365 | € 757,336 | ▲ 8% |
Key figures of Garage Dewulf, 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 October 2026.
What happened to Garage Dewulf?
What happened at Garage Dewulf in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 148,232 (▲ 19% vs 2024). filed late Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,677 profit in 2022 to € 148,232 profit in 2025.
Paid € 98,970 in corporate taxes since 2022.
Best year ever: 2025, with € 148,232 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
Behind Garage Dewulf are Lies Parrein and Koen Dewulf.
Directors
According to the 2025 annual accounts
Lies Parrein
Director
Koen Dewulf
Director
Establishments
Establishment units
Physical locations of this company
Staatsbaan 215 box A
8610 Kortemark
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
LCPDCO LCP AS dc oostkamp, BE
Website info
Features
Security
Details
- Company number
- 0742.897.660
- VAT number
- BE 0742.897.660
- Registered office
- Staatsbaan 215 bus A, 8610 Kortemark
- Names & denominations
- Garage Dewulf
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2020
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- garagedewulf.be
- Activities · NACE
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