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 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GARAGE R. AELTERMAN from Gent, company number BE0864542192, closed financial year 2025 with a result of € 47,799 after tax. For that financial year GARAGE R. AELTERMAN recorded a gross margin of € 108,707 and equity of € 216,036. Compared with financial year 2024, the result moved from € 20,804 to € 47,799. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 216,036
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,799
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 196,878
▲ 49% 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 € 166,036.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 43,580
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 110,880
▲ 99% vs 2024
€ 23,964 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,407
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,386
▲ 238% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,265 | € 41,821 | € 66,538 | € 108,707 | ▲ 63% |
| Profit after taxes | € 6,443 | € 9,003 | € 20,804 | € 47,799 | ▲ 130% |
| Equity | € 138,430 | € 147,433 | € 168,237 | € 216,036 | ▲ 28% |
| Total debts | € 429,117 | € 448,064 | € 395,309 | € 452,153 | ▲ 14% |
| Cash | € 235,952 | € 211,713 | € 132,548 | € 196,878 | ▲ 49% |
| Land & buildings | € 125,363 | € 112,725 | € 126,623 | € 179,259 | ▲ 42% |
| Retained profit | € 88,430 | € 97,433 | € 118,237 | € 166,036 | ▲ 40% |
| Bank debt | € 76,709 | € 95,694 | € 55,656 | € 110,880 | ▲ 99% |
| Balance sheet total | € 567,547 | € 595,497 | € 563,547 | € 668,189 | ▲ 19% |
Key figures of GARAGE R. AELTERMAN, 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 R. AELTERMAN?
What happened at GARAGE R. AELTERMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,799 (▲ 130% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,443 profit in 2022 to € 47,799 profit in 2025.
Paid € 29,641 in corporate taxes since 2022.
Best year ever: 2025, with € 47,799 profit.
Management
Behind GARAGE R. AELTERMAN are Jean-Marie Aelterman and Nicole Callebaut.
Directors
According to the 2025 annual accounts
Jean-Marie Aelterman
Director
Nicole Callebaut
Director
Establishments
Establishment units
Physical locations of this company
Brugsevaart 108
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.542.192
- VAT number
- BE 0864.542.192
- Registered office
- Brugsevaart 108, 9030 Gent
- Names & denominations
- GARAGE R. AELTERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2004
- Peppol
- Active · Active since 3 Apr 2026
- 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 onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in delen en toebehoren van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
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