Equity
Colin Garry has made a profit in every financial year since 2022.
Colin Garry has made a profit in every financial year since 2022.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts fell from €13,349 to €11,033.
The last four annual accounts were filed 25 to 55 days before the end of the period.
Higher solvency than 81% of companies in wholesale trade. Sector median 40.5% · 13,800 companies.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 79% on liquidity, 95% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as Colin Garry has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Colin Garry itself: 0.5% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Colin Garry. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 4.39 (2.91 in 2024), above the usual 1.5. Short-term debt is 20.7% and cash 25.3% of total assets. 20.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Colin Garry Rijkevorsel | €53,309 | €35,633 | 79.3% | - |
| Evino Recycling Haaltert | €83,250 | €44,994 | 63.4% | - |
| SAILHAUS Etterbeek | €213,817 | €37,538 | 4.5% | - |
| OUDE METALEN NOYELLE FREDERIC Houthulst | €68,057 | €8,137 | 87.5% | - |
| CAR PARTS & RECYCLING Verviers | €354,205 | €79,453 | -20.7% | - |
| OUDE METALEN VERCAMER Menen | €49,390 | €48,129 | 82.4% | - |
| ROCKY BERTEN Langemark-Poelkapelle | €109,474 | €194,655 | 75.1% | - |
These companies have the same main activity as Colin Garry: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €49,400 and €354,000, founded between 2020 and 2025.
Colin Garry files the micro format. That format states no turnover. The gross margin rose from €28,690 in 2022 to €35,633 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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