ACTIVE

Garage Pigeon

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-44 k €-481,1 %over 1 year

Gross margin572,4 k €-14,9 %over 1 year

Equity1,6 M €-2,7 %over 1 year

Workforce7,4 ETP+4,2 %over 1 year

Identity

Source · BCE/KBO

Garage Pigeon is a Public limited company incorporated in 1968. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Etterbeek. It employs on average 7,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0403.443.586
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Rue Général Leman 59
1040 Etterbeek · BruxellesSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 7,4 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 45201Maintenance and repair of motor vehicles 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	572,4 k €	-14.9%	672,6 k €	+13.2%	594 k €	+3.1%	576,1 k €	+24.0%	464,5 k €
EBITDA	58,8 k €	-59.0%	143,3 k €	+0.2%	142,9 k €	-1.8%	145,5 k €	+120%	66,3 k €
Operating result	-44,1 k €	-477%	11,7 k €	-37.7%	18,8 k €	-27.0%	25,7 k €	+162%	-41,2 k €
Net result	-44 k €	-481%	11,5 k €	-35.8%	18 k €	-25.1%	24 k €	+153%	-45,3 k €
Balance sheet
Equity	1,6 M €	-2.7%	1,6 M €	+0.7%	1,6 M €	+1.1%	1,6 M €	+1.5%	1,6 M €
Total assets	1,9 M €	-1.5%	1,9 M €	-3.2%	2 M €	+2.1%	2 M €	-2.1%	2 M €
Cash	952,7 k €	+3.7%	918,3 k €	+4.8%	875,8 k €	+4.4%	838,9 k €	+0.2%	836,9 k €
Debts	312,8 k €	+1.0%	309,6 k €	-6.5%	331,2 k €	-8.5%	362 k €	-8.1%	393,7 k €
Other
Workforce	7,4 ETP	+4.2%	7,1 ETP	+6.0%	6,7 ETP	-6.9%	7,2 ETP	-6.5%	7,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 21 ended

Active mandates

Dominique Princen

Director · since 17 mai 2024 · until 16 mai 2030

Active

Ended mandates

Dominique PRINCEN

Managing director · since 16 juin 2016 · until 15 juin 2022

Ended

Luc Princen

Director · since 16 juin 2016 · until 21 mai 2022

Ended

Luc Princen

Director · since 16 juin 2016 · until 17 mai 2024

Ended

Luc Princen

Director · since 16 juin 2016 · until 21 mai 2028

Ended

Other companies at this address

Rue Général Leman 59 1040 Etterbeek

Company	CBE no.
Association des copropriétaires Rue Général Leman 59 à Etterbeek , rue Général Leman 59● Active	0834.494.958
HOLDING LUDO INVEST● Active	0831.874.077
LDP Invest● Active	0833.350.556

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	25/07/2025	25/07/2024	11/09/2023	19/08/2022	27/05/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/05/2026	03/07/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	25/07/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	11/09/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	19/08/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	27/05/2021	French	PDF
Abridged model	31/12/2019	19/05/2020	23/07/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	04/07/2019	French	PDF
Micro model	31/12/2017	15/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	30/08/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	31/08/2014	French	PDF
Abridged model	31/12/2012	17/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	18/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	19/06/2011	31/07/2011	French	PDF
Abridged modelCorrection	31/12/2009	20/06/2010	05/10/2010	French	PDF
Abridged model	31/12/2009	20/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	25/07/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	29/07/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	30/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 21 ended

Active mandates

Dominique Princen

Director · since 17 mai 2024 · until 16 mai 2030

Active

Ended mandates

Dominique PRINCEN

Managing director · since 16 juin 2016 · until 15 juin 2022

Ended

Luc Princen

Director · since 16 juin 2016 · until 21 mai 2022

Ended

Luc Princen

Director · since 16 juin 2016 · until 17 mai 2024

Ended

Luc Princen

Director · since 16 juin 2016 · until 21 mai 2028

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates27/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates15/02/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/01/2011
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates09/11/2005
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025-44 k €↓
2024
Annual accounts 202411,5 k €↓
2023
Annual accounts 202318 k €↓
2022
Annual accounts 202224 k €↑
2021
Annual accounts 2021-45,3 k €↓
2020
Annual accounts 202015,5 k €↑
2019
Annual accounts 2019-28,6 k €↑
2018
Annual accounts 2018-79 k €↓
2017
Annual accounts 201756,8 k €↓
2016
Annual accounts 201693,7 k €↑
2015
Annual accounts 201524,3 k €↓
2014
Annual accounts 201497,2 k €↓
2013
Annual accounts 2013109,5 k €↑
2012
Annual accounts 201293,3 k €↑
2011
Annual accounts 201183,6 k €↓
2010
Annual accounts 2010118,2 k €↑
2009
Annual accounts 2009104,6 k €↓
2008
Annual accounts 2008130,9 k €↓
2007
Annual accounts 2007148,3 k €↑
2006
Annual accounts 2006143,9 k €
01/01/1968
IncorporationPublic limited company

Garage Pigeon

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline