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GARAGE BUYS

Active
Private limited companyfounded 2011active for 15 yearsChaussée de Nivelles(SL) 216, 5020 Namur, BelgiumKBO/BCE: BE 0837.320.529
Summary

The computed 12-month bankruptcy probability of GARAGE BUYS is 7.4% (elevated). For GARAGE BUYS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €201,148 and a net result of €34,567. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 40% of 6,533 sector peers (NACE 47, financial year 2022). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€823,752total assets 2022
Staff
6.6 FTE
Equity
€201,148
Profit
€34,567
Financial health
Bankruptcy probabilitywithin 12 months
7.4%
2022 figures too old to score
Structure
Accounts 808 days overdue2 of 5 deeds read
Signalsraises riskFigures for financial year 2022 (filed 09-08-2023)3 financial years not filed after the legal deadline; latest accounts 7 days lateSize: 6.6 FTE, total assets €823,752No filing in 24 months (latest 09-08-2023)Two or more financial years not filedneutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 49+3
equity 24.4% of total assets
Liquidity 24+3
short-term debt 57.5% · cash 2.8%
Profitability 74-4
return on assets 4.2%
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,221 companies, NACE 47, micro)
Last 24 months 11-2024: 4.2%lowest value 12-2024: 4.7%▲ +0.5 percentage points vs 11-2024 01-2025: 5.3%▲ +0.6 percentage points vs 12-2024 02-2025: 5.3%● unchanged vs 01-2025 03-2025: 5.3%● unchanged vs 02-2025 04-2025: 4.9%▼ -0.4 percentage points vs 03-2025 05-2025: 4.9%● unchanged vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 4.9%● unchanged vs 06-2025 08-2025: 6.6%▲ +1.7 percentage points vs 07-2025 09-2025: 7.7%▲ +1.1 percentage points vs 08-2025highest value 10-2025: 7.7%● unchanged vs 09-2025highest value 11-2025: 7.7%● unchanged vs 10-2025highest value 12-2025: 7.7%● unchanged vs 11-2025highest value 01-2026: 7.7%● unchanged vs 12-2025highest value 02-2026: 7.7%● unchanged vs 01-2026highest value 03-2026: 7.7%● unchanged vs 02-2026highest value 04-2026: 7.7%● unchanged vs 03-2026highest value 05-2026: 7.7%● unchanged vs 04-2026highest value 06-2026: 7.7%● unchanged vs 05-2026highest value 07-2026: 7.7%● unchanged vs 06-2026highest value 08-2026: 7.4%▼ -0.3 percentage points vs 07-2026 09-2026: 7.4%● unchanged vs 08-2026 10-2026: 7.4%● unchanged vs 09-2026
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2022 (filed 09-08-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 7 days late
NBB · filings
raises risk · Size: 6.6 FTE, total assets €823,752
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · No filing in 24 months (latest 09-08-2023)
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline17-10-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-08-2023, 7 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
not filed
2024
not filed
2023
not filed
2022
7 days late
2021
62 days early
2020
50 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 33 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BUYS Frédéric Michel Marie-Rose (manager)Appointment: BUYS Frédéric Michel Marie-Rose…
  2. Resignation: Liégeois Sylvie (director)Gazette deed
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 808 days late View
  • Positive: 5 profitable years in a rowprofit 2022: €34,567 5 years View
  • Active since 2011founded 28-06-2011 15 years View

By topic

Financials

Financial year
2022
Total assets
€823,752
Profit
€34,567
Solvency
24.4%
Total assets▲ 4.8%
Net result
20182022
Go to Financials

Timeline

Events
18
Since
2013
  1. 31-12-2022Equity above €200,000
  2. 30-05-2022Annual accounts filed
  3. 31-12-2021Highest result from 2018 to 2022
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
28-06-2011
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
24
Annual meeting
Last Saturday of May at 18:00
Purpose
“L’achat,la vente,l'importation,l'exportation et plus généralement le commerce de tous…” (deed in French)
Go to Articles of association

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