Centrum Garage
ActiveCentrum Garage has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €771k and a net result of €79k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 11.57 against 9.86 in 2023; short-term debt: 6.9% and cash: 36.3% of total assets), and 19.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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
80.9%
Return on assets
8.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d early
2023
33 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€771k▲ 11.5%
2023 · €691k
2018: €402k
2019: €511k
2020: €537k
2021: €565k
2022: €594k
2023: €691k
2018 → 2024
Total assets
€953k▲ 4.9%
2023 · €909k
2018: €861k
2019: €864k
2020: €844k
2021: €859k
2022: €860k
2023: €909k
2018 → 2024
Net result
€79k▼ 18.7%
2023 · €98k
2018: €30k
2019: €109k
2020: €27k
2021: €28k
2022: €29k
2023: €98k
2018 → 2024
Working capital
€691k▲ 9.7%
2023 · €630k
2018: €417k
2019: €518k
2020: €536k
2021: €544k
2022: €556k
2023: €630k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€537k-€565k▲ 5.2%€594k▲ 5.0%€691k▲ 16.4%€771k▲ 11.5%
Operating result€43k-€40k▼ 8.2%€41k▲ 4.6%€136k▲ 228%€111k▼ 18.6%
Net result€27k-€28k▲ 4.7%€29k▲ 2.8%€98k▲ 242%€79k▼ 18.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €953k
Fixed assets
€197k▼ 5.2%
Current assets
€756k▲ 7.9%
Equity and liabilities €953k
Equity
€771k▲ 11.5%
Debt
€182k▼ 16.0%
The debt ratio falls from 23.9% to 19.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▼
2023 · €165k
Cash flow
€114k▼
2023 · €127k
Solvency
80.9%▲
2023 · 76.1%
Current ratio
11.57▲
2023 · 9.86
Quick ratio
7.56▲
2023 · 5.17
Debt / equity
0.24▼
2023 · 0.31
ROE
10.3%▼
2023 · 14.1%
ROA
8.3%▼
2023 · 10.7%
Interest coverage
36.24▼
2023 · 44.43
Debt
€182k▼
2023 · €217k
Debt ≤ 1 year
€65k▼
2023 · €71k
Debt > 1 year
€117k▼
2023 · €146k
Income taxes
€29k▼
2023 · €36k
Staff costs
€173k▼
2023 · €186k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€909k€953k▲
Fixed assets21/28€208k€197k▼
Tangible fixed assets22/27€207k€196k▼
Land and buildings22€177k€159k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€14k€23k▲
Financial fixed assets28€700€700=
Current assets29/58€701k€756k▲
Stocks and contracts in progress3€333k€262k▼
Stocks30/36€333k€262k▼
Amounts receivable within one year40/41€50k€62k▲
Trade receivables40€12k€36k▲
Other amounts receivable41€38k€26k▼
Current investments50/53€83k€83k▲
Cash at bank and in hand54/58€234k€346k▲
Deferred charges and accrued income490/1€760€2k▲
Equity and liabilities
Total equity and liabilities10/49€909k€953k▲
Equity10/15€691k€771k▲
Contributions10/11€19k€19k=
Reserves13€673k€752k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€673k€752k▲
Amounts payable17/49€217k€182k▼
Amounts payable after more than one year17€146k€117k▼
Financial debts170/4€146k€117k▼
Amounts payable within one year42/48€71k€65k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€22k€17k▼
Suppliers440/4€22k€17k▼
Taxes, remuneration and social security45€21k€19k▼
Taxes450/3€7k€9k▲
Remuneration and social security454/9€14k€10k▼
Other amounts payable47/48€0-
Income statement
Code20232024
Non-recurring operating income76A€749€0▼
Remuneration, social security and pensions62€186k€173k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k€-35k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€381k€288k▼
Operating profit (loss)9901€136k€111k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€134k€108k▼
Income taxes67/77€36k€29k▼
Profit (loss) for the period9904€98k€79k▼
Profit (loss) for the period to be appropriated9905€98k€79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€79k▼
Transfer to equity691/2€98k€79k▼
To other reserves6921€98k€79k▼
Social balance
Average headcount (FTE)90874.73.2▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €27k ▼75.6%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial
Highest result since 2018net €109k ▲264%
Operating result €159k, net result €109k, both a record.
31-12
Financial
Equity above €500kEq €511k ▲27.1%
2 profitable years in a row build equity to €511k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 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, Boechout · 1 establishment unit since 1983
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.
Nijverheidsstraat 82530 BoechoutGround area
1,600 m²
Building footprint
510 m²
Volume, LiDAR
2,261 m³
Parcel 11004A0032/00B002, Flanders · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nijverheidsstraat 8, 2530 Boechout
since 19832.021.856.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004A0032/00B002 | Flanders | 1,600 m² | 1 · 510 m² | 5.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 3 entries · 1,581 EUR awarded · 1,581 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 8 endedAutotechnieken duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
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Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 1,850 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-1983
Fiscal year end31-12
Activities, NACEBEL
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)
50200
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.