ACTIVE

GARAGE BAELE

Financial year 2024 · Closed on 31/12/2024

Net result75,3 k €-70,9 %over 1 year
Gross margin1 M €-10,4 %over 1 year
Equity2,3 M €-0,9 %over 1 year
Workforce11,1 ETP+14,4 %over 1 year

Identity

Source · BCE/KBO

GARAGE BAELE is a Private limited company incorporated in 1991. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Zelzate. It employs on average 11,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.156.151
Incorporation
23/12/1991
Legal form
Private limited company
Registered office
Industriepark Rosteyne 9
9060 Zelzate · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
11,1 ETP
Joint committees (2)
  • 11200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212018
Income statement
Gross margin1 M €1,2 M €1,1 M €831,7 k €803,2 k €
EBITDA233,1 k €465,8 k €470,2 k €198,6 k €294,4 k €
Operating result142,1 k €365,8 k €382,3 k €119,6 k €154,3 k €
Net result75,3 k €258,6 k €283,5 k €91,3 k €110,9 k €
Balance sheet
Equity2,3 M €2,3 M €2,1 M €2 M €1,8 M €
Total assets3,2 M €3 M €2,9 M €2,9 M €2,6 M €
Cash145,1 k €251,3 k €537,8 k €966 k €76,5 k €
Debts989,9 k €744 k €748,3 k €939,2 k €809,8 k €
Other
Workforce11,1 ETP9,7 ETP11,0 ETP11,0 ETP8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 20 ended

Active mandates

HERATO

Director · since 11 janvier 2023 · 0797.047.911

Represented by Thomas BAELE

Active
JA

Director · since 11 janvier 2023 · 0797.048.307

Represented by Baele ELLEN

Active
ZESSEN

Director · since 11 janvier 2023 · 0797.047.614

Represented by Hilde BAELE

Active
Noël Baele

Director · since 27 septembre 2021

Active
Lia Polfliet

Director

Active

Ended mandates

HERATO

Director · since 11 janvier 2023 · 0797.047.911

Represented by Thomas BAELE

Ended
JA

Director · since 11 janvier 2023 · 0797.048.307

Represented by Ellen BAELE

Ended
ZESSEN

Director · since 11 janvier 2023 · 0797.047.614

Represented by Hilde BAELE

Ended
Ellen Baele

Director · since 27 septembre 2021

Ended

Other companies at this address

Industriepark Rosteyne 9 9060 Zelzate
CompanyCBE no.
CAR-KO● Active
0827.482.749
Pand● Active
0692.773.901

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202528/06/202420/06/202325/08/202213/07/202125/08/2020
General meeting15/06/202515/06/202415/06/202315/06/202215/06/202115/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202415/06/202528/08/2025DutchPDF
Abridged model31/12/202315/06/202428/06/2024DutchPDF
Abridged model31/12/202215/06/202320/06/2023DutchPDF
Abridged model31/12/202115/06/202225/08/2022DutchPDF
Abridged model31/12/202015/06/202113/07/2021DutchPDF
Abridged model31/12/201915/06/202025/08/2020DutchPDF
Abridged model31/12/201815/06/201919/07/2019DutchPDF
Abridged model31/12/201715/06/201817/07/2018DutchPDF
Abridged model31/12/201615/06/201727/06/2017DutchPDF
Abridged model31/12/201515/06/201619/09/2016DutchPDF
Abridged model31/12/201415/06/201522/06/2015DutchPDF
Abridged model31/12/201315/06/201430/06/2014DutchPDF
Abridged model31/12/201215/06/201328/06/2013DutchPDF
Abridged model31/12/201115/06/201219/06/2012DutchPDF
Abridged model31/12/201015/06/201124/06/2011DutchPDF
Abridged model31/12/200915/06/201025/06/2010DutchPDF
Abridged model31/12/200815/06/200905/08/2009DutchPDF
Abridged model31/12/200715/06/200826/06/2008DutchPDF
Abridged model31/12/200615/06/200729/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 20 ended

Active mandates

HERATO

Director · since 11 janvier 2023 · 0797.047.911

Represented by Thomas BAELE

Active
JA

Director · since 11 janvier 2023 · 0797.048.307

Represented by Baele ELLEN

Active
ZESSEN

Director · since 11 janvier 2023 · 0797.047.614

Represented by Hilde BAELE

Active
Noël Baele

Director · since 27 septembre 2021

Active
Lia Polfliet

Director

Active

Ended mandates

HERATO

Director · since 11 janvier 2023 · 0797.047.911

Represented by Thomas BAELE

Ended
JA

Director · since 11 janvier 2023 · 0797.048.307

Represented by Ellen BAELE

Ended
ZESSEN

Director · since 11 janvier 2023 · 0797.047.614

Represented by Hilde BAELE

Ended
Ellen Baele

Director · since 27 septembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/10/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates06/12/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202475,3 k €↓
  2. 2023
    Annual accounts 2023258,6 k €↓
  3. 2022
    Annual accounts 2022283,5 k €↑
  4. 2021
    Annual accounts 202191,3 k €↓
  5. 2018
    Annual accounts 2018110,9 k €↑
  6. 2017
    Annual accounts 201782,2 k €↓
  7. 2016
    Annual accounts 2016154,2 k €↑
  8. 2015
    Annual accounts 201541,1 k €↓
  9. 2014
    Annual accounts 2014117,8 k €↓
  10. 2013
    Annual accounts 2013118,4 k €↑
  11. 2012
    Annual accounts 20124,3 k €↓
  12. 2011
    Annual accounts 2011103 k €↑
  13. 2010
    Annual accounts 201088,2 k €↑
  14. 2009
    Annual accounts 200910,6 k €↓
  15. 2008
    Annual accounts 2008140,9 k €↓
  16. 2007
    Annual accounts 2007145,4 k €↑
  17. 2006
    Annual accounts 2006110,3 k €
  18. 23/12/1991
    IncorporationPrivate limited company