Bosman Garage
ActiveSummary
Bosman Garage has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.87M and a net result of €275k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 4.62 against 3.94 in 2023; short-term debt: 15.5% and cash: 50.7% of total assets), and 20.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.6%
Return on assets
11.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
77 d late
2021
88 d late
2020
108 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.87M▲ 17.2%
2023 · €1.59M
2018: €616k
2019: €772k
2020: €957k
2021: €1.14M
2022: €1.34M
2023: €1.59M
2018 → 2024
Total assets
€2.35M▲ 12.0%
2023 · €2.10M
2018: €991k
2019: €1.37M
2020: €1.49M
2021: €1.54M
2022: €1.78M
2023: €2.10M
2018 → 2024
Net result
€275k▲ 6.2%
2023 · €259k
2018: €32k
2019: €156k
2020: €185k
2021: €186k
2022: €193k
2023: €259k
2018 → 2024
Working capital
€1.32M▲ 22.2%
2023 · €1.08M
2018: €131k
2019: €183k
2020: €408k
2021: €589k
2022: €777k
2023: €1.08M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€957k-€1.14M▲ 19.5%€1.34M▲ 16.9%€1.59M▲ 19.4%€1.87M▲ 17.2%
Operating result€238k-€256k▲ 7.5%€271k▲ 5.7%€361k▲ 33.5%€387k▲ 7.1%
Net result€185k-€186k▲ 0.7%€193k▲ 3.5%€259k▲ 34.2%€275k▲ 6.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.35M
Fixed assets
€667k ▲ 2.2%
Current assets
€1.68M ▲ 16.4%
Equity and liabilities €2.35M
Equity
€1.87M ▲ 17.2%
Debt
€480k ▼ 4.7%
Debt's share of the balance-sheet total falls from 24.0% to 20.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€435k▼
2023 · €439k
Cash flow
€323k▼
2023 · €337k
Current ratio
4.62▲
2023 · 3.94
Quick ratio
4.42▲
2023 · 3.72
Debt to equity
0.26▼
2023 · 0.32
ROE
14.7%▼
2023 · 16.2%
ROA
11.7%▼
2023 · 12.3%
Interest coverage
173.93▲
2023 · 129.21
Debt ≤ 1 year
€364k▼
2023 · €366k
Debt > 1 year
€116k▼
2023 · €137k
Income taxes
€124k▲
2023 · €101k
Staff costs
€166k▼
2023 · €173k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.10M€2.35M▲
Fixed assets21/28€653k€667k▲
Tangible fixed assets22/27€653k€667k▲
Land and buildings22€570k€551k▼
Plant, machinery and equipment23€24k€17k▼
Furniture and vehicles24€56k€99k▲
Other tangible fixed assets26€2k€251▼
Current assets29/58€1.45M€1.68M▲
Stocks and contracts in progress3€83k€76k▼
Stocks30/36€83k€76k▼
Amounts receivable within one year40/41€153k€126k▼
Trade receivables40€151k€125k▼
Other amounts receivable41€1k€1k▲
Current investments50/53€300k€230k▼
Cash at bank and in hand54/58€812k€1.19M▲
Deferred charges and accrued income490/1€98k€60k▼
Equity and liabilities
Total equity and liabilities10/49€2.10M€2.35M▲
Equity10/15€1.59M€1.87M▲
Contributions10/11€50k€50k=
Reserves13€1.53M€1.80M▲
Distributable reserves133€1.53M€1.80M▲
Profit (loss) carried forward14€20k€24k▲
Amounts payable17/49€504k€480k▼
Amounts payable after more than one year17€137k€116k▼
Financial debts170/4€137k€116k▼
Amounts payable within one year42/48€366k€364k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€124k€72k▼
Suppliers440/4€124k€72k▼
Taxes, remuneration and social security45€118k€164k▲
Taxes450/3€100k€149k▲
Remuneration and social security454/9€17k€15k▼
Other amounts payable47/48€104k€107k▲
Accrued charges and deferred income492/3€205€214▲
Income statement
Code20232024
Non-recurring operating income76A€2k€11k▲
Remuneration, social security and pensions62€173k€166k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€48k▼
Other operating charges640/8€16k€16k▲
Gross operating margin9900€628k€618k▼
Operating profit (loss)9901€361k€387k▲
Financial income75/76B€2k€14k▲
Recurring financial income75€2k€14k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€359k€398k▲
Income taxes67/77€101k€124k▲
Profit (loss) for the period9904€259k€275k▲
Profit (loss) for the period to be appropriated9905€259k€275k▲
Appropriation of the result
Profit (loss) to be appropriated9906€270k€294k▲
Profit (loss) brought forward from the previous period14P€11k€20k▲
Transfer to equity691/2€250k€270k▲
To other reserves6921€250k€270k▲
Social balance
Average headcount (FTE)90873.02.8▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €275k ▲6.2%
Operating result €387k, net result €275k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
31-12
Financial
Equity above €1MEq €1.14M ▲19.5%
4 profitable years in a row build equity to €1.14M.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 108 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 119 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan(MEL) 939120 Beveren-Kruibeke-ZwijndrechtGround area
3,674 m²
Building footprint
1,540 m²
Volume, LiDAR
7,855 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Grote Baan(MEL) 93, 9120 Beveren-Kruibeke-Zwijndrecht
since 20112.199.028.996
Katwilgweg 9, 2050 Antwerpen
since 20192.290.930.855
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0223/00W002 | Flanders | 2,336 m² | 1 · 623 m² | 8.3 m · 2 fl. |
| 46016C0485/00V002 | Flanders | 1,338 m² | 1 · 917 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 38,171 EUR awarded · 38,169 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,130 EUR | 10,070 EUR |
| 2024 | 2 | 9,443 EUR | 9,649 EUR |
| 2023 | 2 | 9,141 EUR | 9,155 EUR |
| 2022 | 3 | 9,457 EUR | 9,295 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsOnderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Similar companies · same sector, comparable size
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LIERS AUTO CENTER
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GARAGE UYTTENDAELE
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Oudenaarde · Eq €1,875,065
GARAGE MEULDERS
BE 0421.123.619
Putte · Eq €1,879,794
GARAGE CARROSSERIE ANTOINE
BE 0420.891.809
Geraardsbergen · Eq €1,856,818
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.