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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE WESTCARS from Veurne, company number BE0745720558, closed financial year 2025 with a result of € 17,929 after tax. For that financial year GARAGE WESTCARS recorded a gross margin of € 351,155 and equity of € 127,576. Compared with financial year 2024, the result moved from € 24,410 to € 17,929. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 127,576
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,929
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 10,618
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 17,929 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.1
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 288,471
▲ 8% vs 2024
€ 56,600 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.
€ 52,808
▲ 161% vs 2024
Of which on lease € 48,671.
Debts at end 2025
€ 260,418
▲ 13% vs 2024
€ 21,629 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 58,163
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,080
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 297,407 | € 336,629 | € 391,543 | € 351,155 | ▼ 10% |
| Profit after taxes | € 7,589 | € 17,997 | € 24,410 | € 17,929 | ▼ 27% |
| Equity | € 109,579 | € 127,576 | € 127,576 | € 127,576 | |
| Total debts | € 414,617 | € 373,960 | € 410,853 | € 424,842 | ▲ 3% |
| Cash | € 34,484 | € 12,039 | € 21,413 | € 10,618 | ▼ 50% |
| Retained profit | € 100,310 | € 118,307 | € 118,307 | € 118,307 | |
| Dividend | € 0 | € 0 | € 24,410 | € 17,929 | ▼ 27% |
| Bank debt | € 265,065 | € 247,046 | € 229,702 | € 260,418 | ▲ 13% |
| Balance sheet total | € 524,196 | € 501,536 | € 538,429 | € 552,418 | ▲ 3% |
| Employees (FTE) | 4.9 | 4.6 | 4.8 | 5.1 | ▲ 0.3 |
Key figures of GARAGE WESTCARS, 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 WESTCARS?
What happened at GARAGE WESTCARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,929 (▼ 27% vs 2024). filed late Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,589 profit in 2022 to € 17,929 profit in 2025.
Best year ever: 2024, with € 24,410 profit.
On average € 68,900 of value added per employee in 2025.
Paid out € 42,339 in dividends to the owners in total.
A new publication or filing at GARAGE WESTCARS? 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 WESTCARS is Delerue Invest BV.
Directors
According to the 2025 annual accounts
Director · represented by Jeroen Delerue
Establishments
Establishment units
Physical locations of this company
Sint-Idesbaldusstraat 31
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.720.558
- VAT number
- BE 0745.720.558
- Registered office
- Sint-Idesbaldusstraat 31, 8630 Veurne
- Names & denominations
- GARAGE WESTCARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2020
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
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 auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Wassen en poetsen van motorvoertuigen
Vervoer via pijpleidingen
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