ACTIVE

GARAGE V & D

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Financial year 2025 · closed on 31/12/2025

Net result

182,9 k €

-21.8% YoY

Gross margin

708,5 k €

-13.2% YoY

Equity

1,3 M €

-24.0% YoY

Workforce

7,5 ETP

+1.4% YoY

What does GARAGE V & D do?

GARAGE V & D is a Private limited company incorporated in 1989. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Knokke-Heist. It employs on average 7,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.400.021

Incorporation

29/04/1989

Legal form

Private limited company

Registered office

't Walletje 88
8300 Knokke-Heist · FlandreSee on map

Contributed capital

12 498,19 €

Latest accounts

31/12/2025

Average workforce

7,5 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+10

Joint committees (5)

112
11201
200
200000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	708,5 k €	-13.2%	815,8 k €	+0.5%	811,9 k €	+24.1%	654,3 k €	+10.4%	592,4 k €	+24.7%	475 k €	+8.4%	438,1 k €	+19.1%	367,7 k €	+16.0%	317,1 k €	+19.2%	266,1 k €	+4.0%	255,8 k €	+45.8%	175,4 k €	+1.6%	172,7 k €	+6.7%	161,8 k €	+2.5%	157,9 k €	-14.4%	184,4 k €	+51.2%	121,9 k €	+72.0%	70,9 k €	-39.3%	116,8 k €
EBITDA	301,6 k €	-30.8%	435,6 k €	-6.4%	465,7 k €	+49.0%	312,5 k €	+119%	142,8 k €	-29.8%	203,2 k €	+7.1%	189,8 k €	+7.3%	176,9 k €	+10.3%	160,4 k €	+6.9%	150,1 k €	+19.5%	125,6 k €	+140%	52,3 k €	-16.0%	62,3 k €	+1.0%	61,7 k €	-4.1%	64,3 k €	-26.3%	87,3 k €	+32.7%	65,7 k €	+0.1%	65,7 k €	+6.0%	62 k €
Operating result	262,3 k €	-25.8%	353,8 k €	-5.6%	374,9 k €	+64.8%	227,4 k €	+366%	48,8 k €	-57.0%	113,5 k €	+5.7%	107,4 k €	+17.5%	91,4 k €	+17.2%	78 k €	+3.5%	75,4 k €	+28.8%	58,5 k €	+807%	-8,3 k €	-171%	11,7 k €	-58.6%	28,3 k €	-37.8%	45,5 k €	-37.7%	73 k €	+33.9%	54,5 k €	+1.4%	53,8 k €	+1.5%	52,9 k €
Net result	182,9 k €	-21.8%	233,8 k €	-7.0%	251,5 k €	+67.3%	150,3 k €	+381%	31,2 k €	-57.8%	74 k €	-1.8%	75,4 k €	+53.8%	49 k €	+20.1%	40,8 k €	+8.7%	37,6 k €	-7.1%	40,4 k €	+249%	-27,2 k €	-337%	11,5 k €	-65.3%	33 k €	-30.9%	47,8 k €	-21.7%	61 k €	-80.6%	314,6 k €	+805%	34,8 k €	+1.9%	34,1 k €
Balance sheet
Equity	1,3 M €	-24.0%	1,7 M €	+14.1%	1,5 M €	+14.9%	1,3 M €	+3.7%	1,2 M €	+15.9%	1,1 M €	+7.2%	983,3 k €	+8.3%	907,9 k €	+5.7%	858,9 k €	+5.0%	818 k €	+0.3%	815,4 k €	+1.3%	805 k €	-3.8%	837,1 k €	+1.1%	828,1 k €	+4.2%	795,1 k €	+6.4%	747,3 k €	+8.9%	686,2 k €	+84.7%	371,6 k €	+10.3%	336,8 k €
Total assets	1,9 M €	-11.7%	2,1 M €	+3.5%	2,1 M €	+13.8%	1,8 M €	-0.4%	1,8 M €	+22.7%	1,5 M €	+0.7%	1,5 M €	-6.6%	1,6 M €	+8.6%	1,5 M €	-0.5%	1,5 M €	-2.6%	1,5 M €	+2.4%	1,5 M €	-12.2%	1,7 M €	+47.5%	1,1 M €	+10.2%	1 M €	+2.1%	1 M €	+4.4%	961,6 k €	+64.2%	585,7 k €	+12.4%	520,9 k €
Cash	598,8 k €	+84.0%	325,4 k €	-52.2%	681 k €	+11.8%	609,3 k €	-8.1%	663,1 k €	+89.7%	349,5 k €	+40.8%	248,3 k €	+4.4%	237,8 k €	+86.5%	127,5 k €	+3.9%	122,7 k €	-14.0%	142,6 k €	-37.6%	228,6 k €	-16.5%	273,7 k €	+2.0%	268,3 k €	-48.7%	522,8 k €	+1.6%	514,4 k €	+119%	235 k €	+1080%	19,9 k €	-90.5%	209,5 k €
Debts	531,2 k €	+19.7%	443,7 k €	-22.7%	574,1 k €	+12.7%	509,4 k €	-8.6%	557,1 k €	+46.3%	380,8 k €	-12.8%	436,8 k €	-28.6%	611,4 k €	+15.2%	530,7 k €	-7.8%	575,4 k €	-6.0%	612,3 k €	+5.0%	583,1 k €	-22.3%	750,5 k €	+244%	218,4 k €	+49.2%	146,4 k €	-15.3%	173 k €	-9.7%	191,6 k €	-10.5%	214,1 k €	+16.3%	184,1 k €
Other
Workforce	7,5 ETP	+1.4%	7,4 ETP	+1.4%	7,3 ETP	+1.4%	7,2 ETP	-16.3%	8,6 ETP	+45.8%	5,9 ETP	+11.3%	5,3 ETP	+17.8%	4,5 ETP	+36.4%	3,3 ETP	+37.5%	2,4 ETP	-20.0%	3,0 ETP	+20.0%	2,5 ETP	+4.2%	2,4 ETP	0.0%	2,4 ETP	0.0%	2,4 ETP	-4.0%	2,5 ETP	+78.6%	1,4 ETP		–		1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Koen De Baets

Director · since 29 avril 1989

Active

Ended mandates

Koen De Baets

Manager · since 29 avril 1989

Ended

At this address

Other companies at this address

Company	CBE no.
Group V&D● Active	1013.300.107
VDMobility● Active	0784.545.403

Annual accounts

Full financial information

	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	22/07/2026	28/04/2025	24/06/2024	27/07/2023	29/08/2022	10/08/2021
General meeting	25/06/2026	17/04/2025	14/06/2024	30/06/2023	18/08/2022	06/08/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	17/04/2025	28/04/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	18/08/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	06/08/2021	10/08/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	24/05/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	25/04/2015	06/05/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	21/05/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	25/05/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	16/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	22/05/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	24/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Koen De Baets

Director · since 29 avril 1989

Active

Ended mandates

Koen De Baets

Manager · since 29 avril 1989

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring18/08/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/03/2024
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office07/12/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/10/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025182,9 k €↓
2024
Annual accounts 2024233,8 k €↓
2023
Annual accounts 2023251,5 k €↑
2022
Annual accounts 2022150,3 k €↑
2021
Annual accounts 202131,2 k €↓
2021
Name changeGARAGE V & D
2019
Annual accounts 201974 k €↓
2018
Annual accounts 201875,4 k €↑
2017
Annual accounts 201749 k €↑
2016
Annual accounts 201640,8 k €↑
2015
Annual accounts 201537,6 k €↓
2014
Annual accounts 201440,4 k €↑
2013
Annual accounts 2013-27,2 k €↓
2012
Annual accounts 201211,5 k €↓
2011
Annual accounts 201133 k €↓
2010
Annual accounts 201047,8 k €↓
2009
Annual accounts 200961 k €↓
2008
Annual accounts 2008314,6 k €↑
2007
Annual accounts 200734,8 k €↑
2006
Annual accounts 200634,1 k €
2006
Name changeGARAGE V EN D
29/04/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GARAGE V & D

Overview

What does GARAGE V & D do?

Trend over 19 financial years

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