GARAGE 2006
ActiveGARAGE 2006 has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-39k) and a net result of €2k. Equity is shrinking by ~53.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▲+46
Solvency0=
Growth60▲+17
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.54 in 2023; short-term debt: 164.4% and cash: 12.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-64.4%
Return on assets
2.6%
Age of the figures
21 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3539 sector peers (2024).
NBB · sector comparisonPosition among 3539 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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
88 d late
2023
23 d early
2022
343 d late
2021
57 d late
2020
68 d late
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€151k▲ 14.9%
2020 · €131k
2018: €115k
2019: €120k
2020: €131k
2018 → 2021
EBIT margin
-12.1%▼ 1.2pp
2020 · -10.9%
2018: -1.4%
2019: 1.8%
2020: -10.9%
2018 → 2021
Net result
€2k
2023 · €-8k
2018: €-8k
2019: €-142
2020: €-18k
2021: €-19k
2022: €-18k
2023: €-8k
2018 → 2024
Working capital
€-40k▲ 3.9%
2023 · €-41k
2018: €18k
2019: €18k
2020: €2k
2021: €-16k
2022: €-33k
2023: €-41k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€131k-€151k▲ 14.9%
Equity€6k-€-13k€-32k▼ 137%€-40k▼ 26.3%€-39k▲ 3.9%
Operating result€-14k-€-18k▼ 27.5%€-17k▲ 3.9%€-8k▲ 56.1%€2k
Net result€-18k-€-19k▼ 3.4%€-18k▲ 3.4%€-8k▲ 54.5%€2k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €8k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€1k▼ 3.1%
Current assets
€59k▲ 18.4%
Key figures and ratios
EBITDA
€2k▲
2023 · €-8k
Cash flow
€2k▲
2023 · €-8k
Solvency
-64.4%▲
2023 · -79.0%
Current ratio
0.60▲
2023 · 0.54
Quick ratio
0.38▲
2023 · 0.31
Debt / equity
-2.55▼
2023 · -2.27
ROA
2.6%▲
2023 · -16.5%
Interest coverage
2.86▲
2023 · -10.68
Debt
€99k▲
2023 · €91k
Debt ≤ 1 year
€99k▲
2023 · €91k
Staff costs
€2k▲
2023 · €252
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€51k€60k▲
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€40-
Plant, machinery and equipment23€40-
Financial fixed assets28€1k€1k=
Current assets29/58€50k€59k▲
Stocks and contracts in progress3€21k€21k=
Stocks30/36€21k€21k=
Amounts receivable within one year40/41€23k€29k▲
Trade receivables40€16k€20k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€474€157▼
Equity and liabilities
Total equity and liabilities10/49€51k€60k▲
Equity10/15€-40k€-39k▲
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€19k
Uncalled capital101-€12k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-48k€-47k▲
Amounts payable17/49€91k€99k▲
Amounts payable within one year42/48€91k€99k▲
Trade debts44€46k€52k▲
Suppliers440/4€46k€52k▲
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Remuneration and social security454/9€126€653▲
Other amounts payable47/48€44k€40k▼
Income statement
Code20232024
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€252€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110€40▼
Other operating charges640/8€5k€11k▲
Non-recurring operating charges66A€2k€544▼
Gross operating margin9900€-628€16k▲
Operating profit (loss)9901€-8k€2k▲
Financial income75/76B-€156
Recurring financial income75-€156
Financial charges65/66B€707€777▲
Recurring financial charges65€707€777▲
Profit (loss) for the period before taxes9903€-8k€2k▲
Profit (loss) for the period9904€-8k€2k▲
Profit (loss) for the period to be appropriated9905€-8k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-47k▲
Profit (loss) brought forward from the previous period14P€-40k€-48k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 6 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 343 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 57 days late
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 68 days late
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-01-2026
Interpret: Resigned as Director
15-01-2018
Teixeira Manuel: Resigned as Manager
Location & real-estate footprint
Registered office, Aubange · 1 establishment unit since 2006
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.
Rue de Rodange - ATHUS 1376791 Aubange1 establishment unit
GARAGE 2006
since 20062.157.581.589
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Carrosserie STREEP
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Garage de la Reine
BE 0456.253.653
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Jawodika
BE 0682.787.849
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Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2006
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47820Retail sale of motor vehicle parts and accessories
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.