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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
GARAGE CORSELIS from Tournai, company number BE0826839678, closed financial year 2023 with a result of € -62,085 after tax. For that financial year GARAGE CORSELIS recorded a gross margin of € -16,930 and equity of € -264,456. Compared with financial year 2022, the result moved from € -47,613 to € -62,085. 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 July 2, 2024.
€ -264,456
▼ € 62,085 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,085
▼ 30 % more loss than in 2022
Profit after tax over the fiscal year.
€ 1,743
▼ 93% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -455,656.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,010
▲ 33% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,973
▼ 31% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 182,007
▼ 15% vs 2022
€ 43,896 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 93,764
▲ € 91,200 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 7,533
▼ 7% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -41,662 | € -13,857 | € -16,930 | ▼ € 3,073 |
| Profit after taxes | € -88,287 | € -47,613 | € -62,085 | ▼ € 14,472 |
| Equity | € -154,758 | € -202,371 | € -264,456 | ▼ € 62,085 |
| Total debts | € 273,926 | € 325,613 | € 397,211 | ▲ 22% |
| Cash | € 23,913 | € 23,246 | € 1,743 | ▼ 93% |
| Retained profit | € -345,958 | € -393,571 | € -455,656 | ▼ € 62,085 |
| Bank debt | € 152,758 | € 214,799 | € 182,007 | ▼ 15% |
| Balance sheet total | € 119,168 | € 123,242 | € 132,755 | ▲ 8% |
Key figures of GARAGE CORSELIS, 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 CORSELIS?
What happened at GARAGE CORSELIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GARAGE CORSELIS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 62,085. Source: NBB ↗
- Philippe CORSELIS became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,287 loss in 2021 to € 62,085 loss in 2023.
Paid € 146 in corporate taxes since 2021.
A new publication or filing at GARAGE CORSELIS? 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 CORSELIS is Philippe CORSELIS.
Directors
According to the 2023 annual accounts
Philippe CORSELIS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée de Tournai(R-C) 43
7520 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.839.678
- VAT number
- BE 0826.839.678
- Registered office
- Chaussée de Tournai(R-C) 43, 7520 Tournai
- Names & denominations
- GARAGE CORSELIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 22 June 2010
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Detailhandel in onderdelen en accessoires van motorvoertuigen
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)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)