ACTIVE

GARAGE BAERT

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

82,4 k €

-48.6% YoY

Gross margin

473,6 k €

-20.6% YoY

Equity

1,2 M €

+7.2% YoY

Workforce

3,8 ETP

+5.6% YoY

What does GARAGE BAERT do?

GARAGE BAERT is a Public limited company incorporated in 1991. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Kluisbergen. It employs on average 3,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.618.790

Incorporation

07/11/1991

Legal form

Public limited company

Registered office

Avelgemstraat 12
9690 Kluisbergen · FlandreSee on map

Contributed capital

157 400,00 €

Latest accounts

30/09/2025

Average workforce

3,8 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 (2)

112
11201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	473,6 k €	-20.6%	596,7 k €	+17.3%	508,9 k €	+33.1%	382,3 k €	+1.2%	377,8 k €	+0.2%	377 k €	-3.7%	391,3 k €	-0.2%	392,3 k €	+15.1%	340,9 k €	+0.0%	340,8 k €	-8.6%	373,1 k €	-28.6%	522,9 k €	+24.1%	421,2 k €	+9.6%	384,2 k €	+41.2%	272,1 k €	-22.9%	353,1 k €	+27.0%	278,1 k €	-6.1%	296,2 k €
EBITDA	220,2 k €	-32.9%	328 k €	+7.6%	304,9 k €	+40.7%	216,7 k €	+4.3%	207,7 k €	-9.3%	228,9 k €	-5.6%	242,4 k €	-5.9%	257,7 k €	+33.8%	192,6 k €	-10.0%	214 k €	-14.8%	251,2 k €	-13.4%	290,2 k €	-3.7%	301,4 k €	+6.6%	282,7 k €	+68.3%	168 k €	-22.8%	217,5 k €	+49.4%	145,6 k €	-13.8%	168,8 k €
Operating result	134,7 k €	-43.5%	238,5 k €	+9.9%	217,1 k €	+60.3%	135,4 k €	-6.8%	145,4 k €	-18.6%	178,7 k €	-4.8%	187,7 k €	-7.3%	202,4 k €	+50.4%	134,6 k €	-11.3%	151,7 k €	-19.7%	188,9 k €	-19.5%	234,7 k €	+6.7%	220 k €	+10.6%	198,8 k €	+128%	87 k €	-34.1%	132,1 k €	+68.0%	78,7 k €	-33.9%	119 k €
Net result	82,4 k €	-48.6%	160,3 k €	+16.0%	138,1 k €	+54.7%	89,3 k €	-10.1%	99,3 k €	-7.8%	107,8 k €	+1.7%	106 k €	+20.5%	88 k €	+25.8%	70 k €	-24.6%	92,7 k €	-22.6%	119,9 k €	-15.6%	142 k €	+12.1%	126,7 k €	+14.9%	110,3 k €	+97.3%	55,9 k €	-1.9%	57 k €	+77.1%	32,2 k €	-48.5%	62,5 k €
Balance sheet
Equity	1,2 M €	+7.2%	1,1 M €	-3.6%	1,2 M €	+13.3%	1 M €	-16.6%	1,2 M €	-8.9%	1,4 M €	+8.5%	1,3 M €	+9.2%	1,2 M €	+8.2%	1,1 M €	+7.0%	998,9 k €	+4.8%	952,8 k €	+14.4%	832,9 k €	+20.6%	690,9 k €	+22.5%	564,2 k €	+24.3%	454 k €	+14.0%	398,1 k €	+16.7%	341,1 k €	+3.7%	328,9 k €
Total assets	1,6 M €	+5.0%	1,5 M €	+7.7%	1,4 M €	-2.8%	1,4 M €	-8.4%	1,6 M €	-8.9%	1,7 M €	-1.2%	1,7 M €	+10.8%	1,6 M €	+3.2%	1,5 M €	+1.1%	1,5 M €	+1.0%	1,5 M €	+17.2%	1,3 M €	+13.6%	1,1 M €	+15.4%	961,6 k €	+11.9%	859,3 k €	-8.5%	939,2 k €	+1.1%	928,8 k €	+14.6%	810,7 k €
Cash	562,5 k €	+26.2%	445,8 k €	-4.6%	467,2 k €	-12.2%	532,2 k €	-14.1%	619,4 k €	+83.5%	337,5 k €	-30.9%	488,1 k €	-1.8%	496,9 k €	-16.8%	597,2 k €	+20.5%	495,5 k €	+2.3%	484,5 k €	-21.4%	616,4 k €	+36.5%	451,6 k €	+81.6%	248,7 k €	+91.8%	129,7 k €	-42.8%	226,7 k €	+189%	78,4 k €	-63.1%	212,5 k €
Debts	330,8 k €	-4.3%	345,6 k €	+74.0%	198,6 k €	-47.3%	377,1 k €	+25.2%	301,2 k €	-8.5%	329 k €	-28.0%	456,8 k €	+15.2%	396,6 k €	-9.2%	436,8 k €	-10.9%	490,4 k €	-6.0%	521,6 k €	+24.0%	420,5 k €	+1.1%	416,1 k €	+5.4%	394,6 k €	-2.0%	402,6 k €	-25.6%	541,1 k €	-7.5%	585 k €	+22.1%	479 k €
Other
Workforce	3,8 ETP	+5.6%	3,6 ETP		–		2,0 ETP	-33.3%	3,0 ETP		–		2,6 ETP		–		2,6 ETP	+4.0%	2,5 ETP	+19.0%	2,1 ETP	-30.0%	3,0 ETP	+11.1%	2,7 ETP	+28.6%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 11 ended

Active mandates

FRANK BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Active

JO BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Active

MICHEL BAERT

Managing director · since 28 décembre 2023 · until 28 décembre 2029

Active

Ended mandates

MICHEL BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Ended

FRANK BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

JO BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

MICHEL BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2026	03/06/2025	31/05/2024	27/04/2023	02/05/2022	28/05/2021
General meeting	24/04/2026	27/05/2025	29/05/2024	21/04/2023	27/04/2022	26/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	24/04/2026	21/05/2026	Dutch	PDF
Abridged model	30/09/2024	27/05/2025	03/06/2025	Dutch	PDF
Abridged model	30/09/2023	29/05/2024	31/05/2024	Dutch	PDF
Abridged model	30/09/2022	21/04/2023	27/04/2023	Dutch	PDF
Abridged model	30/09/2021	27/04/2022	02/05/2022	Dutch	PDF
Abridged model	30/09/2020	26/05/2021	28/05/2021	Dutch	PDF
Abridged model	30/09/2019	08/05/2020	29/05/2020	Dutch	PDF
Abridged model	30/09/2018	15/04/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	27/04/2018	31/05/2018	Dutch	PDF
Abridged model	30/09/2016	22/05/2017	29/05/2017	Dutch	PDF
Abridged model	30/09/2015	21/03/2016	21/04/2016	Dutch	PDF
Abridged model	30/09/2014	19/03/2015	27/03/2015	Dutch	PDF
Abridged model	30/09/2013	26/06/2014	22/07/2014	Dutch	PDF
Abridged model	30/09/2012	12/08/2013	12/09/2013	Dutch	PDF
Abridged model	30/09/2011	09/07/2012	23/07/2012	Dutch	PDF
Abridged modelCorrection	30/09/2010	21/03/2011	10/05/2011	Dutch	PDF
Abridged model	30/09/2010	21/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	30/06/2010	20/07/2010	Dutch	PDF
Abridged model	30/09/2008	16/03/2009	29/05/2009	Dutch	PDF
Abridged model	30/09/2007	17/03/2008	29/05/2008	Dutch	PDF
Abridged model	30/09/2006	19/03/2007	03/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 3 active · 11 ended

Active mandates

FRANK BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Active

JO BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Active

MICHEL BAERT

Managing director · since 28 décembre 2023 · until 28 décembre 2029

Active

Ended mandates

MICHEL BAERT

Director · since 28 décembre 2023 · until 28 décembre 2029

Ended

FRANK BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

JO BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

MICHEL BAERT

Director · since 01 avril 2018 · until 01 mars 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/07/2019
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other13/10/2014
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2006
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 202582,4 k €↓
2024
Annual accounts 2024160,3 k €↑
2023
Annual accounts 2023138,1 k €↑
2022
Annual accounts 202289,3 k €↓
2021
Annual accounts 202199,3 k €↓
2018
Annual accounts 2018107,8 k €↑
2017
Annual accounts 2017106 k €↑
2016
Annual accounts 201688 k €↑
2015
Annual accounts 201570 k €↓
2014
Annual accounts 201492,7 k €↓
2013
Annual accounts 2013119,9 k €↓
2012
Annual accounts 2012142 k €↑
2011
Annual accounts 2011126,7 k €↑
2010
Annual accounts 2010110,3 k €↑
2009
Annual accounts 200955,9 k €↓
2008
Annual accounts 200857 k €↑
2007
Annual accounts 200732,2 k €↓
2006
Annual accounts 200662,5 k €
07/11/1991
IncorporationPublic 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 BAERT

Overview

What does GARAGE BAERT do?

Trend over 18 financial years

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