Financials
Financial year 2025
Garage Simart from Kortrijk, company number BE0791867715, closed financial year 2025 with a result of € 3,719 after tax. For that financial year Garage Simart recorded a gross margin of € 27,316 and equity of € 21,290. Compared with financial year 2024, the result moved from € 2,016 to € 3,719. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 21,290
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,719
▲ 84% vs 2024
Profit after tax over the fiscal year.
€ 19,939
▲ € 16,075 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 € 6,290.
People and assets in 2025
€ 54,401
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 43,587
▼ 17% vs 2024
€ 12,261 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,918
▲ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,923
▲ 104% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 4,443 | € 19,106 | € 27,316 | ▲ 43% |
| Profit after taxes | € 555 | € 2,016 | € 3,719 | ▲ 84% |
| Equity | € 15,555 | € 17,571 | € 21,290 | ▲ 21% |
| Total debts | € 20,682 | € 67,635 | € 62,428 | ▼ 8% |
| Cash | - | € 3,864 | € 19,939 | ▲ € 16,075 |
| Land & buildings | € 2,352 | € 2,094 | € 2,408 | ▲ 15% |
| Retained profit | € 555 | € 2,571 | € 6,290 | ▲ 145% |
| Bank debt | € 8 | € 52,731 | € 43,587 | ▼ 17% |
| Balance sheet total | € 36,238 | € 85,206 | € 83,718 | ▼ 2% |
Key figures of Garage Simart, fiscal years 2023 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 Simart?
What happened at Garage Simart in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,719 (▲ 84% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 555 profit in 2023 to € 3,719 profit in 2025.
Paid € 5,375 in corporate taxes since 2023.
Best year ever: 2025, with € 3,719 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 Simart are Ilona Jrbashyan and Smbat Khachatryan.
Directors
According to the 2025 annual accounts
Ilona Jrbashyan
Director
Smbat Khachatryan
Director
Establishments
Establishment units
Physical locations of this company
Schildersstraat(Kor) 17
8500 Kortrijk
Groenestraat(Heu) 12
8501 Kortrijk
Active since 4 October 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.867.715
- VAT number
- BE 0791.867.715
- Registered office
- Schildersstraat(Kor) 17, 8500 Kortrijk
- Names & denominations
- Garage Simart
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2022
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 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 auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)