Skip to content

Daniel Garabedian

Active
Private limited companyfounded 20197 yrs activeDinantstraat 2, 1000 Brussel, BelgiumKBO/BCE: BE 0734.612.474
Summary

Daniel Garabedian has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,930 and a net result of €158,313. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 47% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency79▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.41 in 2024; short-term debt: 45.8% and cash: 26.4% of total assets), and 46.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.5%
Return on assets
26.3%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
20 d early
2022
21 d early
2021
2 d early
2020
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 29 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-08-2026 close30-09-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 September 2019, Daniel Garabedian was incorporated as a Private limited company.1 In 2026 the registered office moved to Bruxelles.2 Total assets went from EUR 116,580 in 2020 to EUR 601,681 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 25-06-2026
  3. 3National Bank, annual accounts 2020 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€321,930=
2024 · €321,930
Total assets
€601,681▼ 37.2%
2024 · €958,000
Net result
€158,313▼ 70.2%
2024 · €532,134
Working capital
€223,598▼ 14.7%
2024 · €262,042
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€389,743▲ 768%€415,667▲ 6.7%€440,316▲ 5.9%€711,527▲ 61.6%€222,074▼ 68.8%
Net result€271,930above the sector's middle half▲ 586%€315,920above the sector's middle half▲ 16.2%€335,681above the sector's middle half▲ 6.3%€532,134above the sector's middle half▲ 58.5%€158,313above the sector's middle half▼ 70.2%
Equity€346,585above the sector's middle half▲ 364%€662,505above the sector's middle half▲ 91.2%€321,930above the sector's middle half▼ 51.4%€321,930above the sector's middle half=€321,930above the sector's middle half=
Total assets€487,391within the sector's middle half▲ 318%€685,859above the sector's middle half▲ 40.7%€685,039above the sector's middle half▼ 0.1%€958,000above the sector's middle half▲ 39.8%€601,681above the sector's middle half▼ 37.2%
Debt€140,806▲ 236%€23,354▼ 83.4%€363,109▲ 1,455%€636,071▲ 75.2%€279,751▼ 56.0%
Working capital€340,179above the sector's middle half▲ 379%€659,822above the sector's middle half▲ 94.0%€264,242above the sector's middle half▼ 60.0%€262,042above the sector's middle half▼ 0.8%€223,598above the sector's middle half▼ 14.7%
Solvency71.1%within the sector's middle half▲ 7.1pp96.6%above the sector's middle half▲ 25.5pp47.0%within the sector's middle half▼ 49.6pp33.6%within the sector's middle half▼ 13.4pp53.5%within the sector's middle half▲ 19.9pp
Current ratio3.42within the sector's middle half▲ 0.7233.58above the sector's middle half▲ 30.161.73within the sector's middle half▼ 31.841.41within the sector's middle half▼ 0.321.81within the sector's middle half▲ 0.40
Return on assets (ROA)55.8%above the sector's middle half▲ 21.8pp46.1%above the sector's middle half▼ 9.7pp49.0%above the sector's middle half▲ 2.9pp55.5%above the sector's middle half▲ 6.5pp26.3%within the sector's middle half▼ 29.2pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000€800,000Operating result 2021: €389,743€389,743Net result 2021: €271,930€271,930Operating result 2022: €415,667€415,667Net result 2022: €315,920€315,920Operating result 2023: €440,316€440,316Net result 2023: €335,681€335,681Operating result 2024: €711,527€711,527Net result 2024: €532,134€532,134Operating result 2025: €222,074€222,074Net result 2025: €158,313€158,31320212022202320242025€0€200,000€400,000€600,000€800,000Operating result 2023: €440,316€440,000Net result 2023: €335,681Operating result 2024: €711,527€712,000Net result 2024: €532,134€532,000Operating result 2025: €222,074€222,000Net result 2025: €158,313202320242025
The operating result falls in 2025; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601,681
Fixed assets €102,803 ▲ 68.3%
Current assets €498,878 ▼ 44.4%
Equity and liabilities €601,681
Equity €321,930 =
Debt €279,751 ▼ 56.0%
Debt's share of the balance-sheet total falls from 66.4% to 46.5%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€232,170▼
2024 · €714,282
Cash flow
€168,409▼
2024 · €534,888
Debt to equity
0.87▼
2024 · 1.98
ROE
49.2%▼
2024 · 165.3%
Interest coverage
58.49▼
2024 · 874.95
Debt ≤ 1 year
€275,280▼
2024 · €634,871
Income taxes
€62,291▼
2024 · €181,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,781 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€958,000€601,681▼
Fixed assets21/28€61,087€102,803▲
Tangible fixed assets22/27€58,087€99,803▲
Land and buildings22€53,441€52,524▼
Furniture and vehicles24€4,646€47,278▲
Financial fixed assets28€3,000€3,000=
Current assets29/58€896,913€498,878▼
Amounts receivable after more than one year29€50,000€50,000=
Trade receivables290€50,000€50,000=
Amounts receivable within one year40/41€591,974€285,436▼
Trade receivables40€591,967€285,436▼
Other amounts receivable41€7-
Cash at bank and in hand54/58€251,126€158,669▼
Deferred charges and accrued income490/1€3,813€4,774▲
Equity and liabilities
Total equity and liabilities10/49€958,000€601,681▼
Equity10/15€321,930€321,930=
Contributions10/11€50,000€50,000=
Reserves13€271,930€271,930=
Distributable reserves133€271,930€271,930=
Amounts payable17/49€636,071€279,751▼
Amounts payable within one year42/48€634,871€275,280▼
Trade debts44€23,301€21,222▼
Suppliers440/4€23,301€21,222▼
Taxes, remuneration and social security45€143,996€91,270▼
Taxes450/3€143,996€91,270▼
Other amounts payable47/48€467,574€162,788▼
Accrued charges and deferred income492/3€1,200€4,471▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,754€10,096▲
Other operating charges640/8€472€17,187▲
Gross operating margin9900€714,754€249,357▼
Operating profit (loss)9901€711,527€222,074▼
Financial income75/76B€2,506€2,500▼
Recurring financial income75€2,506€2,500▼
Financial charges65/66B€816€3,970▲
Recurring financial charges65€816€3,970▲
Profit (loss) for the period before taxes9903€713,217€220,604▼
Income taxes67/77€181,083€62,291▼
Profit (loss) for the period9904€532,134€158,313▼
Profit (loss) for the period to be appropriated9905€532,134€158,313▼
Appropriation of the result
Profit (loss) to be appropriated9906€532,134€158,313▼
Profit to be distributed694/7€532,134€158,313▼
Return on contributions (dividend)694€532,134€158,313▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€896€1,176€9,143€2,754€10,096▲ 267%
Other operating charges640/8-€348€633€472€17,187▲ 3,539%
Gross operating margin9900€390,986€417,190€450,092€714,754€249,357▼ 65.1%
Operating profit (loss)9901€389,743€415,667€440,316€711,527€222,074▼ 68.8%
Financial income75/76B-€1,667€2,507€2,506€2,500▼ 0.2%
Recurring financial income75€3,225€1,667€2,507€2,506€2,500▼ 0.2%
Financial charges65/66B-€1,335€735€816€3,970▲ 386%
Recurring financial charges65€439€1,335€735€816€3,970▲ 386%
Profit (loss) for the period before taxes9903€392,529€415,999€442,087€713,217€220,604▼ 69.1%
Income taxes67/77€120,599€100,079€106,406€181,083€62,291▼ 65.6%
Profit (loss) for the period9904€271,930€315,920€335,681€532,134€158,313▼ 70.2%
Profit (loss) for the period to be appropriated9905€271,930€315,920€335,681€532,134€158,313▼ 70.2%
Line20212022202320242025Change
Assets
Total assets20/58€487,391€685,859€685,039€958,000€601,681▼ 37.2%
Fixed assets21/28€6,406€5,783€60,188€61,087€102,803▲ 68.3%
Tangible fixed assets22/27€3,406€2,783€57,188€58,087€99,803▲ 71.8%
Land and buildings22--€54,358€53,441€52,524▼ 1.7%
Furniture and vehicles24-€2,783€2,830€4,646€47,278▲ 918%
Financial fixed assets28€3,000€3,000€3,000€3,000€3,000=
Current assets29/58€480,986€680,076€624,851€896,913€498,878▼ 44.4%
Amounts receivable after more than one year29-€50,000€50,000€50,000€50,000=
Trade receivables290-€50,000€50,000€50,000€50,000=
Amounts receivable within one year40/41€245,000€30,997€313,150€591,974€285,436▼ 51.8%
Trade receivables40-€18,995€313,150€591,967€285,436▼ 51.8%
Other amounts receivable41-€12,002-€7--
Cash at bank and in hand54/58€183,417€594,821€255,857€251,126€158,669▼ 36.8%
Deferred charges and accrued income490/1-€4,257€5,845€3,813€4,774▲ 25.2%
Equity and liabilities
Total equity and liabilities10/49€487,391€685,859€685,039€958,000€601,681▼ 37.2%
Equity10/15€346,585€662,505€321,930€321,930€321,930=
Contributions10/11-€50,000€50,000€50,000€50,000=
Reserves13€271,930€271,930€271,930€271,930€271,930=
Distributable reserves133-€271,930€271,930€271,930€271,930=
Profit (loss) carried forward14€24,656€340,575----
Amounts payable17/49€140,806€23,354€363,109€636,071€279,751▼ 56.0%
Amounts payable within one year42/48€140,806€20,254€360,609€634,871€275,280▼ 56.6%
Trade debts44€1,893€9,116€8,603€23,301€21,222▼ 8.9%
Suppliers440/4-€9,116€8,603€23,301€21,222▼ 8.9%
Taxes, remuneration and social security45-€6,831€8,398€143,996€91,270▼ 36.6%
Taxes450/3-€6,831€8,398€143,996€91,270▼ 36.6%
Other amounts payable47/48-€4,307€343,609€467,574€162,788▼ 65.2%
Accrued charges and deferred income492/3-€3,100€2,500€1,200€4,471▲ 273%
Line20212022202320242025Change
Profit (loss) for the period9904€271,930€315,920€335,681€532,134€158,313▼ 70.2%
+ Depreciation and write-downs630€896€1,176€9,143€2,754€10,096▲ 267%
Operating cash flow (approximation)€272,825€317,095€344,824€534,888€168,409▼ 68.5%
Investment in fixed assets (approximation)--€553-€63,548-€3,654-€51,811▼ 1,318%
Change in cash-€411,405-€338,965-€4,731-€92,457▼ 1,854%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-03-2027
2026
25-06
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 21-04-2026
  • Registered-office move, B- 1000 Bruxelles, rue de Dinant, 2
31-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
Financial Highest result since 2020net €532,134 ▲58.5%
Operating result €711,527, net result €532,134, both a record.
11-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
Financial Liquidity times 10current ratio 33.58
Current ratio from 3.42 to 33.58; short-term debt falls from €140,806 to €20,254.
31-08
Financial Equity above €500,000Eq €662,505 ▲91.2%
3 profitable years in a row build equity to €662,505.
29-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial Equity above €200,000Eq €346,585 ▲364%
2 profitable years in a row build equity to €346,585.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,571 m²
Building footprint
1,017 m²
Volume, LiDAR
15,411 m³
Parcel 21004A1422/00C000, Brussels · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Daniel Garabedian
Dinantstraat 2, 1000 BrusselActivities of lawyers
since 20192.300.257.307
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21004A1422/00C000 Brussels 1,571 m² 1 · 1,017 m² 21.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-08-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-08-2025 of Daniel Garabedian and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 22,057 companies in this sector we hold annual accounts for 9,060. 6,649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-09-2019
Fiscal year end31-08
Abbreviation FR Garabedian
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0734612474
Also 9925:BE0734612474
Registered 12-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.