Bankrupt · Opening faillissement (CBE)

GARAGE GIELIS JIMMY

BE0811237724

Rechtspersoon Private limited company 1 establishment

GARAGE GIELIS JIMMY is a repair service in Kortenberg. Private Limited, started on 15 April 2009, 1 establishment.

Jan-Baptist Vinkstraat 1B, 3070 Kortenberg

Behind the company: Joseph Vanderstappen.

Start date

15 April 2009

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 59 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 12.2 to 7.7.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

GARAGE GIELIS JIMMY from Kortenberg, company number BE0811237724, closed financial year 2023 with a result of € -507,825 after tax. For that financial year GARAGE GIELIS JIMMY recorded a gross margin of € 499,145 and equity of € -991,319. Compared with financial year 2022, the result moved from € -119,681 to € -507,825. 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 September 25, 2024.

What it is worth Caution

€ -991,319

▼ € 507,825 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -507,825

▼ 324 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 7,306

▲ € 7,069 vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1 million.

People and assets in 2023

Full-time equivalents

7.7

▼ 2.4 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 565,140

▼ 7% vs 2022

€ 73,400 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.

Vehicles and equipment

€ 9,981

▼ 35% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 76,709

▼ 89% vs 2022

€ 34,093 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.1 million

▼ 3% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 832,130

▲ 57% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 1,341,944 € 743,208 € 499,145 ▼ 33%
Profit after taxes € 1,992,780 € -119,681 € -507,825 ▼ € 388,144
Equity € -363,813 € -483,494 € -991,319 ▼ € 507,825
Total debts € 3,765,798 € 2,886,254 € 2,398,304 ▼ 17%
Cash € 24,147 € 237 € 7,306 ▲ € 7,069
Land & buildings € 1,072,865 € 1,026,791 -
Retained profit € -382,413 € -502,094 € -1,009,919 ▼ € 507,825
Bank debt € 911,600 € 713,153 € 76,709 ▼ 89%
Balance sheet total € 3,401,984 € 2,402,760 € 1,406,985 ▼ 41%
Employees (FTE) 12.2 10.1 7.7 ▼ 2.4

Key figures of GARAGE GIELIS JIMMY, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to GARAGE GIELIS JIMMY?

What happened at GARAGE GIELIS JIMMY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GARAGE GIELIS JIMMY is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 507,825. filed late Source: NBB ↗
  • Joseph Vanderstappen became a director. NBB
  • New establishment in Kortenberg. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2 million profit in 2021 to € 507,825 loss in 2023.

Paid € 306,015 in corporate taxes since 2021.

Best year ever: 2021, with € 2 million profit.

On average € 64,800 of value added per employee in 2023.

Management

Joseph Vanderstappen

Behind GARAGE GIELIS JIMMY is Joseph Vanderstappen. Joseph Vanderstappen is also behind D.A.K.K., BRUSSELS TRANSPORT ASSISTANCE and Aero Truck GSE.

See the full network in the app

Directors

According to the 2023 annual accounts

Joseph Vanderstappen

Bestuurder

Also active at: D.A.K.K., BRUSSELS TRANSPORT ASSISTANCE, Aero Truck GSE

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Jan-Baptist Vinkstraat 1B

3070 Kortenberg

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0811.237.724
VAT number
BE 0811.237.724
Registered office
Jan-Baptist Vinkstraat 1B, 3070 Kortenberg
Names & denominations
GARAGE GIELIS JIMMY
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
15 April 2009
Peppol
Active · Active since 18 Dec 2025
Activities · NACE

Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)

Groothandel in aanhangwagens, opleggers en caravans

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Handel in aanhangwagens, opleggers en caravans

Frequently asked questions

What does GARAGE GIELIS JIMMY do?
GARAGE GIELIS JIMMY is a repair service in Kortenberg. Private Limited, started on 15 April 2009, 1 establishment.
What is the address of GARAGE GIELIS JIMMY?
The registered office of GARAGE GIELIS JIMMY is located at Jan-Baptist Vinkstraat 1B, 3070 Kortenberg.
Is GARAGE GIELIS JIMMY still active?
No. The CBE lists GARAGE GIELIS JIMMY with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GARAGE GIELIS JIMMY registered on Peppol?
Yes, GARAGE GIELIS JIMMY is registered on the Peppol network with ID 0208:0811237724.
What is the enterprise number of GARAGE GIELIS JIMMY?
The enterprise number of GARAGE GIELIS JIMMY is BE0811237724.
When was GARAGE GIELIS JIMMY founded?
GARAGE GIELIS JIMMY was founded on 15 April 2009.