ACTIVE

GARAGE DE MEY

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Financial year 2024 · Closed on 31/12/2024

Net result324,8 k €-4,9 %over 1 year

Revenue12,6 M €-1,8 %over 1 year

Equity6,6 M €+0,4 %over 1 year

Workforce13,6 ETP-9,3 %over 1 year

Identity

Source · BCE/KBO

GARAGE DE MEY is a Private limited company incorporated in 1980. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Maldegem. It employs on average 13,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.492.030
Incorporation: 26/06/1980
Legal form: Private limited company
Registered office: Koning Leopoldlaan 8A
9990 Maldegem · FlandreSee on map
Contributed capital: 407 635,00 €
Latest accounts: 31/12/2024
Average workforce: 13,6 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 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods 45113Sale of cars and light motor vehicles+1

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	12,6 M €	-1.8%	12,8 M €	-12.5%	14,6 M €	+1.8%	14,4 M €	+0.2%	14,3 M €
EBITDA	426,3 k €	-28.4%	595,6 k €	+59.1%	374,4 k €	-15.5%	442,9 k €	-76.0%	1,8 M €
Operating result	326,8 k €	-25.1%	436,2 k €	+96.1%	222,4 k €	-35.2%	343,1 k €	-80.6%	1,8 M €
Net result	324,8 k €	-4.9%	341,7 k €	+212%	109,5 k €	-45.8%	202,2 k €	-85.4%	1,4 M €
Balance sheet
Equity	6,6 M €	+0.4%	6,5 M €	+49.7%	4,4 M €	+2.6%	4,3 M €	+5.0%	4,1 M €
Total assets	7,3 M €	-1.8%	7,4 M €	+4.7%	7,1 M €	+5.6%	6,7 M €	+3.0%	6,5 M €
Cash	1,3 M €	+17.4%	1,1 M €	-26.6%	1,6 M €	-34.5%	2,4 M €	+66.3%	1,4 M €
Debts	707,2 k €	+18.9%	595 k €	-77.4%	2,6 M €	+6.9%	2,5 M €	-0.1%	2,5 M €
Other
Workforce	13,6 ETP	-9.3%	15,0 ETP	+5.6%	14,2 ETP	-2.7%	14,6 ETP	-19.8%	18,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 7 ended

Active mandates

KIMBERLEY DE MEY

Director · since 01 février 2025

Active

OLIVIER DE MEY

Director · since 01 février 2025

Active

BRIGITTE WILLE

Director

Active

GIOVANNI DE MEY

Director

Active

Ended mandates

BRIGITTE WILLE

Director · since 21 décembre 2023

Ended

GIOVANNI DE MEY

Director · since 21 décembre 2023

Ended

GARAGE DE MEY GIOVANNI

Administrator - manager · since 08 décembre 2003 · 0473.580.526

Represented by Giovanni De Mey

Ended

GARAGE DE MEY GIOVANNI

Manager · since 08 décembre 2003 · 0473.580.526

Represented by Giovanni De Mey

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/07/2025	27/06/2024	31/08/2023	31/08/2022	31/08/2021	07/10/2020
General meeting	19/06/2025	14/06/2024	29/08/2023	29/08/2022	05/08/2021	08/09/2020
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

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	19/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	29/08/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	29/08/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	05/08/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	07/10/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	22/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	27/06/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	25/05/2009	16/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	31/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024

4 active · 7 ended

Active mandates

KIMBERLEY DE MEY

Director · since 01 février 2025

Active

OLIVIER DE MEY

Director · since 01 février 2025

Active

BRIGITTE WILLE

Director

Active

GIOVANNI DE MEY

Director

Active

Ended mandates

BRIGITTE WILLE

Director · since 21 décembre 2023

Ended

GIOVANNI DE MEY

Director · since 21 décembre 2023

Ended

GARAGE DE MEY GIOVANNI

Administrator - manager · since 08 décembre 2003 · 0473.580.526

Represented by Giovanni De Mey

Ended

GARAGE DE MEY GIOVANNI

Manager · since 08 décembre 2003 · 0473.580.526

Represented by Giovanni De Mey

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/02/2024
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates28/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2014
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2024
Annual accounts 2024324,8 k €↓
2023
Annual accounts 2023341,7 k €↑
2023
Name changeGARAGE DE MEY
2022
Annual accounts 2022109,5 k €↓
2021
Annual accounts 2021202,2 k €↓
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 2019551 k €↑
2018
Annual accounts 2018337,8 k €↓
2017
Annual accounts 2017658,1 k €↑
2016
Annual accounts 2016507 k €↓
2015
Annual accounts 2015589,5 k €↑
2014
Annual accounts 2014492,8 k €↑
2013
Annual accounts 2013421,9 k €↑
2012
Annual accounts 2012329,8 k €↓
2011
Annual accounts 2011641,5 k €↑
2010
Annual accounts 2010293,2 k €↓
2009
Annual accounts 2009522,8 k €↑
2008
Annual accounts 2008326,4 k €
2008
Name changeGARAGE ERIC DE MEY EN ZOON
26/06/1980
IncorporationPrivate limited company

GARAGE DE MEY

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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