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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Garage VO from Olne, company number BE0782430110, closed financial year 2024 with a result of € -66,011 after tax. For that financial year Garage VO recorded a gross margin of € -55,767 and equity of € -31,704. Compared with financial year 2023, the result moved from € -4,936 to € -66,011. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ -31,704
▼ € 66,011 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,011
▼ 1237 % more loss than in 2023
Profit after tax over the fiscal year.
€ 10,117
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,704.
People and assets in 2024
€ 1,682
▼ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 67,188
▼ 54% vs 2023
€ 17,493 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 48,491
▲ 178% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 4,168 | € 8,012 | € -55,767 | ▼ € 63,779 |
| Profit after taxes | € -757 | € -4,936 | € -66,011 | ▼ € 61,076 |
| Equity | € 39,243 | € 34,307 | € -31,704 | ▼ € 66,011 |
| Total debts | € 99,714 | € 178,959 | € 115,912 | ▼ 35% |
| Cash | € 35,170 | € 45,934 | € 10,117 | ▼ 78% |
| Retained profit | € -757 | € -5,693 | € -71,704 | ▼ € 66,011 |
| Bank debt | € 82,000 | € 145,957 | € 67,188 | ▼ 54% |
| Balance sheet total | € 138,957 | € 213,266 | € 84,208 | ▼ 61% |
Key figures of Garage VO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Garage VO?
What happened at Garage VO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 66,011. filed late Source: NBB ↗
- Cédric CHATORIER stepped down as director. NBB
- New establishment in Olne. KBO
- Giovanna CIATTO became a director. NBB
- Laurent GIACCONE became a director. NBB
- Cédric CHATORIER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 757 loss in 2022 to € 66,011 loss in 2024.
Management
Behind Garage VO are Giovanna CIATTO and Laurent GIACCONE.
Directors
According to the 2024 annual accounts
Giovanna CIATTO
Director
since 2022
Laurent GIACCONE
Director
since 2022
Cédric CHATORIER
Director
since 2022 · until 2024
Establishments
Establishment units
Physical locations of this company
Grand Vaux 13 box A
4877 Olne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.430.110
- VAT number
- BE 0782.430.110
- Registered office
- Grand Vaux 13 bus A, 4877 Olne
- Names & denominations
- Garage VO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2022
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- [email protected] +32491400955
- Activities · NACE
Wassen en poetsen van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)