Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
garage muylaert from Torhout, company number BE0860453544, closed financial year 2025 with a result of € -7,692 after tax. For that financial year garage muylaert recorded a gross margin of € 104,299 and equity of € 1 million. Compared with financial year 2024, the result moved from € -6,101 to € -7,692. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2026.
€ 1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,692
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 70,245
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 884,037.
People and assets in 2025
€ 8,334
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 456,000
▼ 5% vs 2024
€ 24,000 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 7,960
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 645
▼ 85% 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 | € 52,515 | € 69,314 | € 95,742 | € 104,299 | ▲ 9% |
| Profit after taxes | € -369 | € -7,039 | € -6,101 | € -7,692 | ▼ € 1,591 |
| Equity | € 1,054,867 | € 1,047,829 | € 1,041,728 | € 1,034,037 | ▼ 1% |
| Total debts | € 574,436 | € 535,421 | € 515,259 | € 483,234 | ▼ 6% |
| Cash | € 97,982 | € 81,427 | € 124,784 | € 70,245 | ▼ 44% |
| Land & buildings | € 1,548,835 | € 1,526,220 | € 1,464,331 | € 1,381,302 | ▼ 6% |
| Retained profit | € 904,867 | € 897,829 | € 891,728 | € 884,037 | ▼ 1% |
| Bank debt | € 550,000 | € 504,000 | € 480,000 | € 456,000 | ▼ 5% |
| Balance sheet total | € 1,701,827 | € 1,652,982 | € 1,623,928 | € 1,581,421 | ▼ 3% |
Key figures of garage muylaert, 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 muylaert?
What happened at garage muylaert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,692. Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 369 loss in 2022 to € 7,692 loss in 2025.
Paid € 1,581 in corporate taxes since 2022.
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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 muylaert are Marleen SOETE and Luc MUYLAERT.
Directors
According to the 2025 annual accounts
Marleen SOETE
Director
Luc MUYLAERT
Director
Establishments
Establishment units
Physical locations of this company
Bruggestraat 115
8820 Torhout
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
- 0860.453.544
- VAT number
- BE 0860.453.544
- Registered office
- Bruggestraat 115, 8820 Torhout
- Names & denominations
- garage muylaert
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2003
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)