ACTIVE

GARAGE MICHEL

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Financial year 2024 · Closed on 31/12/2024

Net result
-288,5 k €
-137,8 %over 1 year
Equity
4,1 M €
-6,6 %over 1 year

Identity

Source · BCE/KBO

GARAGE MICHEL is a Public limited company incorporated in 2003. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Tongeren-Borgloon.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.890.143
Incorporation
06/10/2003
Legal form
Public limited company
Registered office
Luikersteenweg 204
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
962 000,00 €
Latest accounts
31/12/2024
Joint committees (3)
  • 112
  • 200
  • 218
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212018
Income statement
Revenue–21,8 M €40 M €32,2 M €53,9 M €
EBITDA-238,5 k €1 M €978,7 k €408,3 k €1 M €
Operating result-439,4 k €892,5 k €902,1 k €1,1 M €822,8 k €
Net result-288,5 k €763,2 k €613,3 k €224,9 k €427,5 k €
Balance sheet
Equity4,1 M €4,4 M €3,6 M €2,2 M €2,5 M €
Total assets4,3 M €5,1 M €8,9 M €9,9 M €12,4 M €
Cash1,3 k €1,1 k €22,2 k €4,5 k €42,8 k €
Debts208,2 k €716,7 k €5,3 M €7,7 M €10 M €
Other
Workforce–20,9 ETP29,4 ETP28,9 ETP33,6 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

2 active · 13 ended

Active mandates

Philip Boden

Managing director · since 10 juin 2024 · until 10 juin 2030

Active
SCT INVEST

Managing director · since 10 juin 2024 · until 10 juin 2030 · 0802.720.134

Represented by Stephanie Boden

Active

Ended mandates

Garage Philip Boden

Chairman of the board of directors · since 11 juin 2018 · until 10 juin 2024 · 0436.533.553

Represented by Philip Boden

Ended
Garage Philip Boden

Director · since 11 juin 2018 · until 10 juin 2024 · 0436.533.553

Represented by Philip Boden

Ended
MALYNE

Director · since 11 juin 2018 · until 10 juin 2024 · 0842.319.492

Represented by Stephanie BODEN

Ended
MALYNE

Director · since 11 juin 2018 · until 10 juin 2024 · 0842.319.492

Represented by Stephanie Boden

Ended

Other companies at this address

Luikersteenweg 204 3700 Tongeren-Borgloon
CompanyCBE no.
Garage Philip Boden● Active
0436.533.553
HERKERWINNING● Active
0456.881.975

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date28/07/202509/07/202411/07/202328/04/202220/07/202123/07/2020
General meeting30/06/202510/06/202430/06/202323/03/202224/06/202125/06/2020
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
Full model31/12/202430/06/202528/07/2025DutchPDF
Full model31/12/202310/06/202409/07/2024DutchPDF
Full model31/12/202230/06/202311/07/2023DutchPDF
Full model31/12/202123/03/202228/04/2022DutchPDF
Full model31/12/202024/06/202120/07/2021DutchPDF
Full model31/12/201925/06/202023/07/2020DutchPDF
Full model31/12/201811/06/201903/07/2019DutchPDF
Full model31/12/201711/06/201829/06/2018DutchPDF
Full model31/12/201612/06/201710/07/2017DutchPDF
Full model31/12/201513/06/201608/07/2016DutchPDF
Full model31/12/201408/06/201506/07/2015DutchPDF
Full model31/12/201310/06/201412/08/2014DutchPDF
Full model31/12/201210/06/201325/06/2013DutchPDF
Full model31/12/201111/06/201202/07/2012DutchPDF
Full model31/12/201014/06/201106/07/2011DutchPDF
Full model31/12/200914/06/201015/06/2010DutchPDF
Full model31/12/200808/06/200922/06/2009DutchPDF
Full model31/12/200709/06/200816/06/2008DutchPDF
Full model31/12/200611/06/200709/07/2007DutchPDF

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

2 active · 13 ended

Active mandates

Philip Boden

Managing director · since 10 juin 2024 · until 10 juin 2030

Active
SCT INVEST

Managing director · since 10 juin 2024 · until 10 juin 2030 · 0802.720.134

Represented by Stephanie Boden

Active

Ended mandates

Garage Philip Boden

Chairman of the board of directors · since 11 juin 2018 · until 10 juin 2024 · 0436.533.553

Represented by Philip Boden

Ended
Garage Philip Boden

Director · since 11 juin 2018 · until 10 juin 2024 · 0436.533.553

Represented by Philip Boden

Ended
MALYNE

Director · since 11 juin 2018 · until 10 juin 2024 · 0842.319.492

Represented by Stephanie BODEN

Ended
MALYNE

Director · since 11 juin 2018 · until 10 juin 2024 · 0842.319.492

Represented by Stephanie Boden

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/05/2023
    KAPITAAL - AANDELEN
    PDF
  • Restructuring14/06/2022
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/03/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2018
    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 2024-288,5 k €↓
  2. 2023
    Annual accounts 2023763,2 k €↑
  3. 2022
    Annual accounts 2022613,3 k €↑
  4. 2021
    Annual accounts 2021224,9 k €↓
  5. 2018
    Annual accounts 2018427,5 k €↓
  6. 2017
    Annual accounts 2017549,7 k €↑
  7. 2016
    Annual accounts 2016422,8 k €↑
  8. 2015
    Annual accounts 2015220 k €↓
  9. 2014
    Annual accounts 2014225,5 k €↑
  10. 2013
    Annual accounts 2013177,8 k €↑
  11. 2012
    Annual accounts 2012-416,9 k €↓
  12. 2011
    Annual accounts 2011-27,2 k €↓
  13. 2010
    Annual accounts 2010-18 k €↑
  14. 2009
    Annual accounts 2009-84 k €↓
  15. 2008
    Annual accounts 2008160,1 k €↓
  16. 2007
    Annual accounts 2007273 k €↑
  17. 2006
    Annual accounts 2006203 k €
  18. 06/10/2003
    IncorporationPublic limited company