Checked.be · Company dossierhttps://checked.be/en/c/garage-buys-0837320529 · as of 17-10-2026
GARAGE BUYS
Active
Private limited company · founded 2011 · active 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.
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency49+3
equity 24.4% of total assets
Liquidity24+3
short-term debt 57.5% · cash 2.8%
Profitability74-4
return on assets 4.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 4.2%lowest value12-2024: 4.7%▲ +0.5 percentage points vs 11-202401-2025: 5.3%▲ +0.6 percentage points vs 12-202402-2025: 5.3%● unchanged vs 01-202503-2025: 5.3%● unchanged vs 02-202504-2025: 4.9%▼ -0.4 percentage points vs 03-202505-2025: 4.9%● unchanged vs 04-202506-2025: 4.9%● unchanged vs 05-202507-2025: 4.9%● unchanged vs 06-202508-2025: 6.6%▲ +1.7 percentage points vs 07-202509-2025: 7.7%▲ +1.1 percentage points vs 08-2025highest value10-2025: 7.7%● unchanged vs 09-2025highest value11-2025: 7.7%● unchanged vs 10-2025highest value12-2025: 7.7%● unchanged vs 11-2025highest value01-2026: 7.7%● unchanged vs 12-2025highest value02-2026: 7.7%● unchanged vs 01-2026highest value03-2026: 7.7%● unchanged vs 02-2026highest value04-2026: 7.7%● unchanged vs 03-2026highest value05-2026: 7.7%● unchanged vs 04-2026highest value06-2026: 7.7%● unchanged vs 05-2026highest value07-2026: 7.7%● unchanged vs 06-2026highest value08-2026: 7.4%▼ -0.3 percentage points vs 07-202609-2026: 7.4%● unchanged vs 08-202610-2026: 7.4%● unchanged vs 09-2026
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.
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.
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
Resignation: BUYS Frédéric Michel Marie-Rose (manager)Appointment: BUYS Frédéric Michel Marie-Rose…