Financials
Financial year 2025
Garage GT from Hulshout, company number BE0760979153, closed financial year 2025 with a result of € 71,429 after tax. For that financial year Garage GT recorded a gross margin of € 122,037 and equity of € 136,559. Compared with financial year 2024, the result moved from € 47,771 to € 71,429. 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 February 4, 2026.
€ 136,559
▲ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,429
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 79,252
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,295 paid out
6 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,133
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,646
▲ 3% vs 2024
€ 24,038 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 42,281
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,009
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,162 | € 27,277 | € 75,958 | € 122,037 | ▲ 61% |
| Profit after taxes | € 136 | € 15,517 | € 47,771 | € 71,429 | ▲ 50% |
| Equity | € 6,136 | € 21,654 | € 69,425 | € 136,559 | ▲ 97% |
| Total debts | € 42,519 | € 49,189 | € 111,914 | € 151,199 | ▲ 35% |
| Cash | € 9,656 | € 9,614 | € 57,338 | € 79,252 | ▲ 38% |
| Retained profit | € 136 | € 15,654 | € 63,425 | € 130,559 | ▲ 106% |
| Dividend | € 0 | € 0 | € 0 | € 4,295 | |
| Bank debt | € 0 | € 0 | € 59,105 | € 60,646 | ▲ 3% |
| Balance sheet total | € 48,655 | € 70,843 | € 181,339 | € 287,758 | ▲ 59% |
Key figures of Garage GT, 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 January 2027.
What happened to Garage GT?
What happened at Garage GT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,429 (▲ 50% vs 2024). filed late Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Glenn TUERLINCKX became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 136 profit in 2022 to € 71,429 profit in 2025.
Paid € 46,316 in corporate taxes since 2022.
Best year ever: 2025, with € 71,429 profit.
Paid out € 4,295 in dividends to the owners in total.
Management
Behind Garage GT is Glenn TUERLINCKX.
Directors
According to the 2025 annual accounts
Glenn TUERLINCKX
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Netelaan 53
2235 Hulshout
Schaliehoevestraat 11 box 8
2220 Heist-op-den-Berg
Active since 7 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.979.153
- VAT number
- BE 0760.979.153
- Registered office
- Netelaan 53, 2235 Hulshout
- Names & denominations
- Garage GT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2021
- Peppol
- Active · Active since 26 Sept 2025
- 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)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)