Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE DEGADT from Gistel, company number BE0861840644, closed financial year 2025 with a result of € 86,399 after tax. For that financial year GARAGE DEGADT recorded a gross margin of € 583,887 and equity of € 535,303. Compared with financial year 2024, the result moved from € 122,891 to € 86,399. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 535,303
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,399
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 194,738
▲ 101% 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 € 333,178.
People and assets in 2025
4.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 315,695
▲ 8% vs 2024
€ 64,400 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.
€ 76,472
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 779,439
▲ 47% vs 2024
€ 125,056 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 125,084
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,520
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 535,617 | € 480,053 | € 589,481 | € 583,887 | ▼ 1% |
| Profit after taxes | € 116,405 | € 18,202 | € 122,891 | € 86,399 | ▼ 30% |
| Equity | € 344,311 | € 362,513 | € 448,904 | € 535,303 | ▲ 19% |
| Total debts | € 1,209,936 | € 1,238,469 | € 1,082,394 | € 1,181,083 | ▲ 9% |
| Cash | € 112,155 | € 71,608 | € 96,813 | € 194,738 | ▲ 101% |
| Land & buildings | € 835,632 | € 886,459 | € 846,848 | € 801,844 | ▼ 5% |
| Retained profit | € 142,186 | € 160,388 | € 246,779 | € 333,178 | ▲ 35% |
| Dividend | € 0 | € 0 | € 36,500 | € 0 | ▼ 100% |
| Bank debt | € 804,665 | € 573,165 | € 529,003 | € 779,439 | ▲ 47% |
| Balance sheet total | € 1,554,247 | € 1,600,982 | € 1,531,298 | € 1,716,386 | ▲ 12% |
| Employees (FTE) | 5.1 | 4.9 | 5 | 4.9 | ▼ 0.1 |
Key figures of GARAGE DEGADT, 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 DEGADT?
What happened at GARAGE DEGADT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 86,399 (▼ 30% vs 2024). filed late Source: NBB ↗
- Isabel Tavernier became a director. NBB
- Bart Degadt became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 116,405 profit in 2022 to € 86,399 profit in 2025.
Paid € 128,142 in corporate taxes since 2022.
Best year ever: 2024, with € 122,891 profit.
On average € 119,200 of value added per employee in 2025.
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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 DEGADT are Isabel Tavernier and Bart Degadt.
Directors
According to the 2025 annual accounts
Isabel Tavernier
Director
since 2023
Bart Degadt
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Provincieweg 155
8470 Gistel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.840.644
- VAT number
- BE 0861.840.644
- Registered office
- Provincieweg 155, 8470 Gistel
- Names & denominations
- GARAGE DEGADT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2003
- Peppol
- Active · Active since 27 Mar 2026
- 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)