ACTIVE

GARAGE MODERN

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Financial year 2025 · Closed on 31/12/2025

Net result93 k €+223,1 %over 1 year

Revenue82,7 M €+2,4 %over 1 year

Equity449,9 k €+26,1 %over 1 year

Workforce91,0 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

GARAGE MODERN is a Public limited company incorporated in 1982. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Bree. It employs on average 91,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0423.585.340
Incorporation: 22/12/1982
Legal form: Public limited company
Registered office: Gruitroderkiezel 39
3960 Bree · FlandreSee on map
Contributed capital: 70 478,74 €
Latest accounts: 31/12/2025
Average workforce: 91,0 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport 45201Maintenance and repair of motor vehicles 45204Maintenance and repair of motor vehicles 45320Retail trade of motor vehicle parts and accessories+5

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	82,7 M €	+2.4%	80,8 M €	+0.9%	80,1 M €	+17.4%	68,2 M €		–
EBITDA	1,3 M €	-24.0%	1,7 M €	-38.0%	2,7 M €	+26.0%	2,2 M €	+209%	699,5 k €
Operating result	1,1 M €	-25.2%	1,5 M €	-34.8%	2,2 M €	+89.1%	1,2 M €	+392%	241,2 k €
Net result	93 k €	+223%	-75,6 k €	-111%	716,5 k €	+22.6%	584,6 k €	+641%	78,9 k €
Balance sheet
Equity	449,9 k €	+26.1%	356,8 k €	-81.6%	1,9 M €	+12.5%	1,7 M €	+51.2%	1,1 M €
Total assets	14,8 M €	+1.2%	14,6 M €	-30.8%	21,1 M €	+10.6%	19,1 M €	+125%	8,5 M €
Cash	339,4 k €	+12.6%	301,5 k €	-79.0%	1,4 M €	-28.7%	2 M €	+724%	244,3 k €
Debts	14,2 M €	+3.0%	13,8 M €	-27.8%	19,1 M €	+10.6%	17,2 M €	+134%	7,4 M €
Other
Workforce	91,0 ETP	+1.8%	89,4 ETP	-2.2%	91,4 ETP	-2.9%	94,1 ETP	+71.4%	54,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 20 ended

Active mandates

Antoine de Harlez de Deulin

Managing director · since 19 décembre 2023 · until 31 mai 2029

Active

SAAEM SA

Managing director · since 19 décembre 2023 · until 31 mai 2029

Represented by Benoît Catelin

Active

Ended mandates

Benoit Catelin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended

Benoit Catelin

Managing director · since 02 mars 2020 · until 01 mars 2026

Ended

Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended

Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 01 mars 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	04/06/2026	02/06/2025	06/06/2024	03/07/2023	08/07/2022	29/06/2021
General meeting	28/05/2026	29/05/2025	30/05/2024	29/06/2023	30/06/2022	11/06/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	04/06/2026	Dutch	PDF
Full model	31/12/2024	29/05/2025	02/06/2025	Dutch	PDF
Full model	31/12/2023	30/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	29/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	14/06/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	19/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	23/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	15/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	03/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

2 active · 20 ended

Active mandates

Antoine de Harlez de Deulin

Managing director · since 19 décembre 2023 · until 31 mai 2029

Active

SAAEM SA

Managing director · since 19 décembre 2023 · until 31 mai 2029

Represented by Benoît Catelin

Active

Ended mandates

Benoit Catelin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended

Benoit Catelin

Managing director · since 02 mars 2020 · until 01 mars 2026

Ended

Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended

Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 01 mars 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/08/2026
Benoeming commissaris
PDF
Restructuring22/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates23/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates27/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2020
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 202593 k €↑
2024
Annual accounts 2024-75,6 k €↓
2023
Annual accounts 2023716,5 k €↑
2022
Annual accounts 2022584,6 k €↑
2021
Annual accounts 202178,9 k €↑
2020
Annual accounts 2020-332,7 k €↑
2019
Annual accounts 2019-496,8 k €↓
2018
Annual accounts 201884,2 k €↑
2017
Annual accounts 201755,8 k €↑
2016
Annual accounts 201627,9 k €↓
2015
Annual accounts 201584,9 k €↑
2014
Annual accounts 201476,2 k €↑
2013
Annual accounts 201355,5 k €↓
2012
Annual accounts 2012108,1 k €↓
2011
Annual accounts 2011118,4 k €↑
2010
Annual accounts 2010100,3 k €↑
2009
Annual accounts 200989,8 k €↑
2008
Annual accounts 200848 k €↓
2007
Annual accounts 2007413 k €↑
2006
Annual accounts 2006110 k €
22/12/1982
IncorporationPublic limited company

GARAGE MODERN

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