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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
GARAGE LIEVENS from Maldegem, company number BE0862072949, closed financial year 2025 with a result of € 280,660 after tax. For that financial year GARAGE LIEVENS recorded revenue of € 12.4 million and equity of € 696,596. Compared with financial year 2024, the result moved from € 276,275 to € 280,660. Profitable, and profit is growing. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 696,596
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 280,660
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 243,574
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 849,641
▲ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 168,694
▼ 31% vs 2024
Of which on lease € 15,465.
Debts at end 2025
€ 2.3 million
▼ 31% vs 2024
€ 244,589 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3.3 million
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.
€ 128,702
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 13,836,559 | € 12,207,992 | € 12,438,389 | ▲ 2% |
| Gross margin | € 1,247,486 | - | - | - | |
| Profit after taxes | € 220,132 | € 186,760 | € 276,275 | € 280,660 | ▲ 2% |
| Equity | € 1,767,277 | € 1,504,037 | € 1,780,312 | € 696,596 | ▼ 61% |
| Total debts | € 6,136,907 | € 5,514,636 | € 5,821,267 | € 5,900,079 | ▲ 1% |
| Cash | € 321,192 | € 183,065 | € 221,207 | € 243,574 | ▲ 10% |
| Land & buildings | € 3,948,527 | € 3,838,843 | € 3,729,159 | € 2,456,667 | ▼ 34% |
| Retained profit | € 929,777 | € 1,116,537 | € 1,392,812 | € 573,415 | ▼ 59% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 3,086,570 | € 3,441,348 | € 3,313,986 | € 2,284,499 | ▼ 31% |
| Balance sheet total | € 7,904,185 | € 7,018,674 | € 7,601,579 | € 6,596,675 | ▼ 13% |
| Employees (FTE) | 11.5 | 12.1 | 12 | - |
Key figures of GARAGE LIEVENS, 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 LIEVENS?
What happened at GARAGE LIEVENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 280,660 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 220,132 profit in 2022 to € 280,660 profit in 2025.
Paid € 286,300 in corporate taxes since 2022.
Best year ever: 2025, with € 280,660 profit.
On average € 108,500 of value added per employee in 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 LIEVENS is L2 Cars BV. L2 Cars BV is also behind GARAGE LIEVENS OOSTENDE and GARAGE LIEVENS BRUGGE.
Directors
According to the 2025 annual accounts
Director · represented by David Lievens
Also active at: GARAGE LIEVENS OOSTENDE, GARAGE LIEVENS BRUGGE
Establishments
Establishment units
Physical locations of this company
Sint Barbarastraat 22
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.072.949
- VAT number
- BE 0862.072.949
- Registered office
- Sint Barbarastraat 22, 9990 Maldegem
- Names & denominations
- GARAGE LIEVENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2003
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in onderdelen en accessoires van motorvoertuigen
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