Financials
Financial year 2024
Gross margin
€ 0
Profit
Caution€ -288,510
▼ 138% vs 2023
Debts
Low€ 208,159
▼ 71% vs 2023
GARAGE MICHEL from Tongeren-Borgloon, company number BE0860890143, closed financial year 2024 with a result of € -288,510 after tax. For that financial year GARAGE MICHEL recorded a gross margin of € 0 and equity of € 4.1 million. Compared with financial year 2023, the result moved from € 763,227 to € -288,510. 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 28, 2025.
What happened at GARAGE MICHEL?
What happened at GARAGE MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philip Boden stepped down as director. NBB
- SCT INVEST stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 288,510 (▼ 138% vs 2023). Source: NBB ↗
- Philip Boden became a director. NBB
- SCT INVEST became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 224,937 profit in 2021 to € 288,510 loss in 2024.
Paid € 570,668 in corporate taxes since 2021.
Best year ever: 2023, with € 763,227 profit.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
The shares are held by Garage Philip Boden NV (100%).
Directors
According to the 2024 annual accounts
Philip Boden
Managing director
Also active at: GENERAL LEASE, General Investments, Garage Philip Boden
since 2024 · until 2030
Managing director · represented by Stephanie Boden
Also active at: GENERAL LEASE, General Investments, Garage Philip Boden
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luikersteenweg 204
3700 Tongeren-Borgloon
Herkenrodesingel 4
3500 Hasselt
Active since 2 October 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Details
- Company number
- 0860.890.143
- VAT number
- BE 0860.890.143
- Registered office
- Luikersteenweg 204, 3700 Tongeren-Borgloon
- Names & denominations
- GARAGE MICHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)