GARAGE ALBERT
ActiveSummary
GARAGE ALBERT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 80% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-11
Solvency96▲+7
Growth36▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 3.08 in 2024; short-term debt: 25.7% and cash: 2% of total assets), and 28.9% 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○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 2025Solvency, return and age of the figures
Solvency
71.1%
Return on assets
4.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €70k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d late
2023
19 d late
2022
30 d late
2021
20 d late
2020
87 d late
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€144k▲ 3.1%
2018 · €139k
2018: €139k
2018 → 2019
EBIT margin
2.8%▼ 5.0pp
2018 · 7.7%
2018: 7.7%
2018 → 2019
Net result
€5k▼ 37.8%
2024 · €8k
2018: €6k
2019: €1k
2020: €-19k
2021: €-16k
2022: €22k
2023: €-2k
2024: €8k
2018 → 2025
Working capital
€73k▲ 4.6%
2024 · €69k
2018: €57k
2019: €59k
2020: €46k
2021: €39k
2022: €61k
2023: €59k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€62k▲ 56.2%€59k▼ 3.9%€66k▲ 11.2%€70k▲ 5.7%
Operating result€-14k-€24k€-103€10k€6k▼ 39.7%
Net result€-16k-€22k€-2k€8k€5k▼ 37.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€306 ▼ 40.7%
Current assets
€98k ▼ 4.9%
Equity and liabilities €98k
Equity
€70k ▲ 5.7%
Debt
€28k ▼ 24.1%
Debt's share of the balance-sheet total falls from 36.2% to 28.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €11k
Cash flow
€5k▼
2024 · €8k
Current ratio
3.88▲
2024 · 3.08
Quick ratio
0.81▲
2024 · 0.68
Debt to equity
0.41▼
2024 · 0.57
ROE
6.7%▼
2024 · 11.4%
ROA
4.8%▼
2024 · 7.3%
Interest coverage
3.91▼
2024 · 4.86
Debt ≤ 1 year
€25k▼
2024 · €33k
Income taxes
€15▼
2024 · €663
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€103k€98k▼
Fixed assets21/28€516€306▼
Tangible fixed assets22/27€516€306▼
Plant, machinery and equipment23€396€306▼
Furniture and vehicles24€119-
Current assets29/58€103k€98k▼
Stocks and contracts in progress3€80k€77k▼
Stocks30/36€80k€77k▼
Amounts receivable within one year40/41€7k€18k▲
Trade receivables40€7k€18k▲
Cash at bank and in hand54/58€9k€2k▼
Deferred charges and accrued income490/1€6k€116▼
Equity and liabilities
Total equity and liabilities10/49€103k€98k▼
Equity10/15€66k€70k▲
Contributions10/11€19k€19k=
Reserves13€47k€51k▲
Distributable reserves133€47k€51k▲
Amounts payable17/49€37k€28k▼
Amounts payable within one year42/48€33k€25k▼
Financial debts43€13k€13k▲
Credit institutions430/8€13k€13k▲
Trade debts44€8k€8k▼
Suppliers440/4€8k€8k▼
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€897€653▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€242€210▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€16k€9k▼
Operating profit (loss)9901€10k€6k▼
Financial income75/76B€7€98▲
Recurring financial income75€7€98▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€663€15▼
Profit (loss) for the period9904€8k€5k▼
Profit (loss) for the period to be appropriated9905€8k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€5k▼
Transfer to equity691/2€7k€4k▼
To other reserves6921€7k€4k▼
Profit to be distributed694/7€900€900=
Return on contributions (dividend)694€900€900=
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 20 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €-19k ▼1440%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 52 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Peer · 1 establishment unit since 1997
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.
Baan naar Bree 1143990 PeerGround area
1,078 m²
Building footprint
274 m²
Volume, LiDAR
986 m³
Parcel 72030B0725/00B002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GARAGE ALBERT
since 19972.080.936.545
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030B0725/00B002 | Flanders | 1,078 m² | 1 · 274 m² | 5.8 m · 1 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.
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,222 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
Founded06-03-1997
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.