Financials
Financial year 2025
GARAGE CASSELMAN from Middelkerke, company number BE0878844348, closed financial year 2025 with a result of € 117,562 after tax. For that financial year GARAGE CASSELMAN recorded a gross margin of € 264,184 and equity of € 915,792. Compared with financial year 2024, the result moved from € 111,060 to € 117,562. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 915,792
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,562
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 376,582
▲ 24% 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 € 895,792.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 57,137
▲ 2% vs 2024
€ 57,100 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.
€ 85,394
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,000
▼ 34% vs 2024
Loans from banks and other lenders, long and short.
€ 25,170
▲ € 19,230 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,686
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 172,858 | € 195,277 | € 235,498 | € 264,184 | ▲ 12% |
| Profit after taxes | € 76,716 | € 86,353 | € 111,060 | € 117,562 | ▲ 6% |
| Equity | € 600,816 | € 687,170 | € 798,229 | € 915,792 | ▲ 15% |
| Total debts | € 26,652 | € 37,782 | € 51,727 | € 76,716 | ▲ 48% |
| Cash | € 374,709 | € 440,496 | € 302,788 | € 376,582 | ▲ 24% |
| Retained profit | € 580,816 | € 667,170 | € 778,229 | € 895,792 | ▲ 15% |
| Bank debt | € 0 | € 5,000 | € 15,141 | € 10,000 | ▼ 34% |
| Balance sheet total | € 627,468 | € 724,952 | € 849,956 | € 992,507 | ▲ 17% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of GARAGE CASSELMAN, 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 CASSELMAN?
What happened at GARAGE CASSELMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,562 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,716 profit in 2022 to € 117,562 profit in 2025.
Paid € 174,822 in corporate taxes since 2022.
Best year ever: 2025, with € 117,562 profit.
On average € 264,200 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 CASSELMAN is Johan Casselman.
Directors
According to the 2025 annual accounts
Johan Casselman
Manager
Establishments
Establishment units
Physical locations of this company
Westendelaan 154
8430 Middelkerke
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
- 0878.844.348
- VAT number
- BE 0878.844.348
- Registered office
- Westendelaan 154, 8430 Middelkerke
- Names & denominations
- GARAGE CASSELMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2006
- Peppol
- Active · Active since 17 Nov 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)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)