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GARAGE BUTTIENS

Active
Public limited companyfounded 1979active for 47 yearsOplintersesteenweg 374, 3300 Tienen, BelgiumKBO/BCE: BE 0419.015.650

From the official registers: KBO 47 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GARAGE BUTTIENS has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €795,902 and a net result of €45,419. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 37% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 01-01-1979 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Establishment unit
2.016.635.047 3300 Tienen, since 01-01-1979
Financial year end
31 December
Peppol
Reachable since 26-09-2025

Board and ownership

Board

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€650,878
▼ 4.3%
Turnover
≈ €5.6m
estimated
Profit
€45,419
▼ 40.7%
Equity
€795,902
▲ 6.1%
Total assets
€3.2m
▼ 8.1%
Staff
6.7 FTE
▲ 8.1%
Filed on 28-08-2026, 28 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.24, cash €140,463, halvedSector: Retail trade (NACE 47)Equity €795,902 (24.8% of total assets)lowers riskFigures for financial year 2025 (filed on 29-08-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 50+4
equity 24.8% of total assets
Liquidity 18-6
short-term debt 69.7% · cash 4.4%
Profitability 38-2
return on assets 1.4%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.6%▲ +0.2 percentage points vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.3 percentage points vs 06-2025 08-2025: 0.5%▼ -0.5 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -0.6 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (1.24 in 2024), below the usual 1.5. Short-term debt is 69.7% and cash 4.4% of total assets. 75.2% of the assets are financed with debt and provisions.
Calculation

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 47, micro). It does better than 40% of them on solvency, 17% on liquidity, 29% on profitability and 54% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.24, cash €140,463, halved
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €795,902 (24.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
34 days early
2023
31 days early
2022
32 days early
2021
33 days early
2020
1 day early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7th oldest company in Tienen, Wholesale and retail trade sectorin the Checked rankings No. 7 View
  • Positive: 5 profitable years in a rowprofit 2025: €45,419 5 years View

Comparable companies

These companies have the same main activity as GARAGE BUTTIENS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €2.5m and €4m, founded between 1978 and 1987.

CompanyTotal assetsGross margin
GARAGE BUTTIENS Tienen€3.2m€0.7m
GODEFROY Halle€3.1m€1.0m
MATEL ROCOURT Liège€3.1m€0.9m
ETS CHRISTIAENS - AUTOS - INDUSTRIES Braine-le-Château€3.8m€0.7m
CRIVACO Lievegem€2.5m€0.8m
DANIEL MOTOR Sint-Pieters-Leeuw€4.0m€0.8m
GARAGE W. DE BRUYN - VILVOORDE Vilvoorde€2.8m€1.1m
Full comparison

Documents

Annual accounts at the NBB

All 47 annual accounts

Articles and registers

Key facts about GARAGE BUTTIENS

What is the company number of GARAGE BUTTIENS?
The company number of GARAGE BUTTIENS is 0419.015.650. The VAT number is the same number with BE in front: BE 0419.015.650.
Where is GARAGE BUTTIENS based?
The registered office is at Oplintersesteenweg 374, 3300 Tienen.Company details
What does GARAGE BUTTIENS do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of GARAGE BUTTIENS?
The legal form of GARAGE BUTTIENS is Public limited company (NV).
When was GARAGE BUTTIENS founded?
GARAGE BUTTIENS was founded on 01-01-1979.
Is GARAGE BUTTIENS still active?
Yes, GARAGE BUTTIENS is an active enterprise in the KBO register.
How many employees does GARAGE BUTTIENS have?
GARAGE BUTTIENS had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE BUTTIENS?
The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €650,878 and 35 comparable companies (NACE 47811). It probably lies between €2.9m and €8.3m.
Is GARAGE BUTTIENS profitable?
In financial year 2025, GARAGE BUTTIENS made a profit of €45,419.
Where can I find the annual accounts of GARAGE BUTTIENS?
GARAGE BUTTIENS filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GARAGE BUTTIENS due?
GARAGE BUTTIENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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