Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Garage Vande Ginste from Ieper, company number BE0764811247, closed financial year 2025 with a result of € 39,475 after tax. For that financial year Garage Vande Ginste recorded a gross margin of € 107,435 and equity of € 149,788. Compared with financial year 2024, the result moved from € 45,770 to € 39,475. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 149,788
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,475
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 43,725
▼ 16% 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 € 139,788.
People and assets in 2025
€ 31,799
▲ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 394,963
▼ 9% vs 2024
€ 29,762 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 39,626
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,456
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,903 | € 56,602 | € 112,636 | € 107,435 | ▼ 5% |
| Profit after taxes | € 29,369 | € 6,133 | € 45,770 | € 39,475 | ▼ 14% |
| Equity | € 58,410 | € 64,543 | € 110,313 | € 149,788 | ▲ 36% |
| Total debts | € 674,187 | € 672,466 | € 673,634 | € 616,763 | ▼ 8% |
| Cash | € 25,981 | € 44,148 | € 52,304 | € 43,725 | ▼ 16% |
| Land & buildings | € 382,272 | € 370,775 | € 441,592 | € 424,502 | ▼ 4% |
| Retained profit | € 48,410 | € 54,543 | € 100,313 | € 139,788 | ▲ 39% |
| Bank debt | € 373,424 | € 405,051 | € 434,378 | € 394,963 | ▼ 9% |
| Balance sheet total | € 732,597 | € 737,009 | € 783,947 | € 766,552 | ▼ 2% |
Key figures of Garage Vande Ginste, 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 Vande Ginste?
What happened at Garage Vande Ginste in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,475 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,369 profit in 2022 to € 39,475 profit in 2025.
Paid € 39,845 in corporate taxes since 2022.
Best year ever: 2024, with € 45,770 profit.
A new publication or filing at Garage Vande Ginste? 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 Vande Ginste are Kobe Vande Ginste and Eric Vande Ginste.
Directors
According to the 2025 annual accounts
Kobe Vande Ginste
Director
Eric Vande Ginste
Director
Establishments
Establishment units
Physical locations of this company
Veurnseweg 595
8906 Ieper
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
Details
- Company number
- 0764.811.247
- VAT number
- BE 0764.811.247
- Registered office
- Veurnseweg 595, 8906 Ieper
- Names & denominations
- Garage Vande Ginste
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2021
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- garage-vandeginste.be
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