ACTIVE

GARAGE VANDECASTEELE

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Financial year 2025 · Closed on 31/12/2025

Net result-712,2 k €-153,7 %over 1 year
Revenue57,9 M €-0,1 %over 1 year
Equity4,9 M €-13,9 %over 1 year
Workforce70,6 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

GARAGE VANDECASTEELE is a Public limited company incorporated in 1979. Its registered office is in Kortrijk. It employs on average 70,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0419.129.872
Incorporation
09/02/1979
Legal form
Public limited company
Registered office
Kuurnsesteenweg(Kor) 107
8500 Kortrijk · FlandreSee on map
Contributed capital
124 000,00 €
Latest accounts
31/12/2025
Average workforce
70,6 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202220212020
Income statement
Revenue57,9 M €58 M €77,1 M €73,7 M €68 M €
EBITDA97,6 k €855,7 k €712,6 k €1,1 M €1,6 M €
Operating result-655,8 k €-172,9 k €195,3 k €470,2 k €937,3 k €
Net result-712,2 k €-280,8 k €-58,9 k €164,1 k €512,7 k €
Balance sheet
Equity4,9 M €5,7 M €3,6 M €3,7 M €3,5 M €
Total assets18,1 M €19,1 M €30,3 M €22,1 M €33,9 M €
Cash197,4 k €516,8 k €398,5 k €178,8 k €1,5 M €
Debts12,7 M €12,7 M €26,2 M €18,1 M €30,1 M €
Other
Workforce70,6 ETP70,0 ETP51,6 ETP51,4 ETP48,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 22 ended

Active mandates

CHRISTOPHE VANDECASTEELE

Managing director · since 25 septembre 2023 · until 30 juin 2029

Active
Cormafie

Director · since 25 septembre 2023 · until 30 juin 2029 · 0664.528.291

Represented by Steve CORYN

Active
DESUTTER MANAGEMENT

Director · since 25 septembre 2023 · until 30 juin 2029 · 0687.540.156

Represented by Filip DESUTTER

Active
NOEL VANDECASTEELE

Director · since 25 septembre 2023 · until 30 juin 2029

Active
VANDECASTEELE NOEL & BERNARD

Director · since 25 septembre 2023 · until 30 juin 2029 · 0444.475.279

Represented by NATHALIE VANDECASTEELE

Active

Ended mandates

CHRISTOPHE VANDECASTEELE

Managing director · since 17 décembre 2016 · until 24 juin 2023

Ended
CHRISTOPHE VANDECASTEELE

Managing director · since 17 décembre 2016 · until 25 septembre 2023

Ended
Cormafie

Director · since 17 décembre 2016 · until 25 septembre 2023 · 0664.528.291

Represented by STEVE CORYN

Ended
Cormafie

Director · since 17 décembre 2016 · until 24 juin 2023 · 0664.528.291

Represented by STEVE CORYN

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202629/08/202529/08/202429/09/202322/09/202229/09/2021
General meeting27/06/202628/06/202529/06/202425/09/202312/09/202217/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/06/202623/07/2026DutchPDF
Full model31/12/202428/06/202529/08/2025DutchPDF
Full model31/12/202329/06/202429/08/2024DutchPDF
Full model31/12/202225/09/202329/09/2023DutchPDF
Full model31/12/202112/09/202222/09/2022DutchPDF
Full model31/12/202017/09/202129/09/2021DutchPDF
Full model31/12/201908/09/202006/11/2020DutchPDF
Full model31/12/201829/06/201917/07/2019DutchPDF
Full model31/12/201726/09/201828/09/2018DutchPDF
Full model30/06/201629/12/201630/01/2017DutchPDF
Full model30/06/201513/01/201627/01/2016DutchPDF
Full model30/06/201420/12/201423/02/2015DutchPDF
Full model30/06/201328/01/201425/02/2014DutchPDF
Full model30/06/201215/12/201222/03/2013DutchPDF
Full model30/06/201117/12/201130/03/2012DutchPDF
Full model30/06/201018/12/201024/02/2011DutchPDF
Full model30/06/200919/12/200926/02/2010DutchPDF
Full model30/06/200820/12/200823/03/2009DutchPDF
Full model30/06/200715/12/200729/05/2008DutchPDF
Full model30/06/200616/12/200628/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

5 active · 22 ended

Active mandates

CHRISTOPHE VANDECASTEELE

Managing director · since 25 septembre 2023 · until 30 juin 2029

Active
Cormafie

Director · since 25 septembre 2023 · until 30 juin 2029 · 0664.528.291

Represented by Steve CORYN

Active
DESUTTER MANAGEMENT

Director · since 25 septembre 2023 · until 30 juin 2029 · 0687.540.156

Represented by Filip DESUTTER

Active
NOEL VANDECASTEELE

Director · since 25 septembre 2023 · until 30 juin 2029

Active
VANDECASTEELE NOEL & BERNARD

Director · since 25 septembre 2023 · until 30 juin 2029 · 0444.475.279

Represented by NATHALIE VANDECASTEELE

Active

Ended mandates

CHRISTOPHE VANDECASTEELE

Managing director · since 17 décembre 2016 · until 24 juin 2023

Ended
CHRISTOPHE VANDECASTEELE

Managing director · since 17 décembre 2016 · until 25 septembre 2023

Ended
Cormafie

Director · since 17 décembre 2016 · until 25 septembre 2023 · 0664.528.291

Represented by STEVE CORYN

Ended
Cormafie

Director · since 17 décembre 2016 · until 24 juin 2023 · 0664.528.291

Represented by STEVE CORYN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring07/02/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/02/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/08/2019
    KAPITAAL - AANDELEN
    PDF
  • Restructuring13/06/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-712,2 k €↓
  2. 2024
    Annual accounts 2024-280,8 k €↓
  3. 2022
    Annual accounts 2022-58,9 k €↓
  4. 2021
    Annual accounts 2021164,1 k €↓
  5. 2020
    Annual accounts 2020512,7 k €↑
  6. 2019
    Annual accounts 2019113,8 k €↓
  7. 2018
    Annual accounts 2018367,9 k €↓
  8. 2017
    Annual accounts 2017688,9 k €↑
  9. 2016
    Annual accounts 2016467,4 k €↑
  10. 2015
    Annual accounts 2015390,3 k €↑
  11. 2014
    Annual accounts 201462,6 k €↓
  12. 2013
    Annual accounts 2013272,1 k €↓
  13. 2012
    Annual accounts 2012326,1 k €↓
  14. 2011
    Annual accounts 2011708,1 k €↓
  15. 2010
    Annual accounts 2010757,3 k €↑
  16. 2009
    Annual accounts 2009596,6 k €↓
  17. 2008
    Annual accounts 2008882,8 k €↓
  18. 2007
    Annual accounts 20071,3 M €
  19. 09/02/1979
    IncorporationPublic limited company