NORMAL SITUATION

Garden Motors

Financial year 2023 · closed on 30/09/2023
Net result
108,4 k €
+475.8% YoY
Gross margin
96 k €
+636.7% YoY
Equity
401,2 k €
+2247.8% YoY
Workforce
0,0 ETP

Company — Normal situation.

What does Garden Motors do?

Garden Motors is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0419.316.251
Legal form
Public limited company
Contributed capital
30 986,69 €
Latest accounts
30/09/2023
Average workforce
0,0 ETP
Joint committees (2)
  • 14904
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2023202120182017201620152014201320122011201020092008
Income statement
Gross margin96 k €-17,9 k €16 k €63,7 k €-66,5 k €77,6 k €88,1 k €73,3 k €75,5 k €142,2 k €149,1 k €161,6 k €129,6 k €
EBITDA95,9 k €-20,6 k €13,3 k €59,4 k €-69,6 k €73,1 k €83,1 k €68,9 k €45,7 k €29,7 k €41,8 k €51,6 k €23 k €
Operating result95,9 k €-20,6 k €13,3 k €59,4 k €-69,6 k €73,1 k €83,1 k €68,9 k €32,6 k €16,5 k €28,6 k €38,1 k €9,5 k €
Net result108,4 k €-28,8 k €8 k €34,1 k €-94,8 k €30,3 k €63,2 k €45,6 k €-299,2 k €-4,2 k €7,6 k €26,8 k €-9,8 k €
Balance sheet
Equity401,2 k €-18,7 k €56,4 k €48,5 k €14,3 k €109,1 k €78,8 k €15,6 k €-30 k €269,2 k €273,3 k €265,7 k €238,9 k €
Total assets442,6 k €676,1 k €715,2 k €841,6 k €777,6 k €799,8 k €764 k €705,1 k €681,5 k €899,6 k €918,1 k €954,2 k €1 M €
Cash1,7 k €475,5 €830,3 €4,1 k €12,1 k €6,4 k €9,2 k €81 €30 €79 €44 €
Debts41,4 k €544,8 k €428,2 k €554,7 k €564,6 k €490,3 k €500,8 k €538,9 k €576,8 k €512,3 k €542,7 k €602,3 k €680,4 k €
Other
Workforce0,0 ETP0,5 ETP1,8 ETP2,0 ETP2,0 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 30/09/2023 · 3 active · 6 ended

Active mandates

Gérome De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active
Jan De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active
Luc De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active

Ended mandates

Gérome De Schutter

Managing director · since 26 mars 2021 · until 26 mars 2027

Ended
Jan De Schutter

Director · since 26 mars 2021 · until 26 mars 2027

Ended
Luc De Schutter

Director · since 26 mars 2021 · until 26 mars 2027

Ended
Gérome De Schutter

Managing director

Ended
Annual accounts

Full financial information

202320212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202201/10/202001/10/201901/10/201801/10/201701/10/2016
Closing of the financial year30/09/202330/09/202130/09/202030/09/201930/09/201830/09/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/01/202426/04/202230/04/202129/04/202017/05/201926/04/2018
General meeting23/01/202425/03/202226/03/202127/03/202029/03/201930/03/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

43 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202323/01/202429/01/2024DutchPDF
Abridged model30/09/202125/03/202226/04/2022DutchPDF
Abridged model30/09/202026/03/202130/04/2021DutchPDF
Abridged model30/09/201927/03/202029/04/2020DutchPDF
Abridged model30/09/201829/03/201917/05/2019DutchPDF
Abridged model30/09/201730/03/201826/04/2018DutchPDF
Abridged model30/09/201631/03/201705/04/2017DutchPDF
Abridged model30/09/201526/03/201601/04/2016DutchPDF
Abridged model30/09/201427/03/201501/04/2015DutchPDF
Abridged model30/09/201328/03/201412/06/2014DutchPDF
Abridged model30/09/201229/03/201330/04/2013DutchPDF
Abridged model30/09/201130/03/201202/04/2012DutchPDF
Abridged model30/09/201025/03/201128/03/2011DutchPDF
Abridged model30/09/200926/03/201006/04/2010DutchPDF
Abridged model30/09/200827/03/200913/07/2009DutchPDF
Abridged model30/09/200728/03/200821/04/2008DutchPDF
Abridged model30/09/200630/03/200723/04/2007DutchPDF
Abridged model30/09/200531/03/200628/04/2006DutchPDF
Abridged model30/09/200425/03/200504/07/2005DutchPDF
Abridged model30/09/200326/03/200410/09/2004DutchPDF
Abridged model30/09/200228/03/200315/04/2003DutchPDF
Abridged model30/09/200129/03/200212/07/2002DutchPDF
Abridged model30/09/200030/03/200110/05/2001DutchPDF
Abridged model30/09/199931/03/200011/04/2000DutchPDF

View all 43 filings

Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 30/09/2023 · 3 active · 6 ended

Active mandates

Gérome De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active
Jan De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active
Luc De Schutter

Liquidator · since 26 mars 2021 · until 26 mars 2027

Active

Ended mandates

Gérome De Schutter

Managing director · since 26 mars 2021 · until 26 mars 2027

Ended
Jan De Schutter

Director · since 26 mars 2021 · until 26 mars 2027

Ended
Luc De Schutter

Director · since 26 mars 2021 · until 26 mars 2027

Ended
Gérome De Schutter

Managing director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023108,4 k €
  2. 2023
    Name changeGarden Motors in vereffening
  3. 2021
    Annual accounts 2021-28,8 k €
  4. 2021
    Name changeGarden Motors
  5. 2018
    Annual accounts 20188 k €
  6. 2017
    Annual accounts 201734,1 k €
  7. 2016
    Annual accounts 2016-94,8 k €
  8. 2015
    Annual accounts 201530,3 k €
  9. 2014
    Annual accounts 201463,2 k €
  10. 2013
    Annual accounts 201345,6 k €
  11. 2012
    Annual accounts 2012-299,2 k €
  12. 2011
    Annual accounts 2011-4,2 k €
  13. 2010
    Annual accounts 20107,6 k €
  14. 2009
    Annual accounts 200926,8 k €
  15. 2008
    Annual accounts 2008-9,8 k €