GARAGE CENTRAL
ActiveGARAGE CENTRAL has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €890k and a net result of €-62k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-21
Solvency59▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.45 in 2024; short-term debt: 59.4% and cash: 35.1% of total assets), but 66.4% of the assets are financed with debt.
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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
33.6%
Return on assets
-2.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
32 d late
2021
31 d late
2020
18 d late
2019
91 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k
2024 · €84k
2018: €64k
2019: €116k
2020: €-105k
2021: €86k
2022: €162k
2023: €102k
2024: €84k
2018 → 2025
Working capital
€848k▲ 4.7%
2024 · €810k
2018: €330k
2019: €460k
2020: €570k
2021: €517k
2022: €670k
2023: €775k
2024: €810k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€609k-€771k▲ 26.6%€873k▲ 13.2%€953k▲ 9.2%€890k▼ 6.5%
Operating result€178k-€277k▲ 55.2%€224k▼ 19.3%€223k▼ 0.4%€27k▼ 88.0%
Net result€86k-€162k▲ 87.2%€102k▼ 37.1%€84k▼ 17.3%€-62k
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.65M
Fixed assets
€229k▼ 17.5%
Current assets
€2.42M▼ 7.6%
Equity and liabilities €2.65M
Equity
€890k▼ 6.5%
Debt
€1.76M▼ 9.5%
The debt ratio falls from 67.1% to 66.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€132k▼
2024 · €332k
Cash flow
€43k▼
2024 · €193k
Solvency
33.6%▲
2024 · 32.9%
Current ratio
1.54▲
2024 · 1.45
Quick ratio
1.31▲
2024 · 0.94
Debt / equity
1.98▼
2024 · 2.04
ROE
-7.0%▼
2024 · 8.8%
ROA
-2.4%▼
2024 · 2.9%
Interest coverage
2.02▼
2024 · 3.76
Debt
€1.76M▼
2024 · €1.95M
Debt ≤ 1 year
€1.57M▼
2024 · €1.81M
Debt > 1 year
€107k▼
2024 · €135k
Income taxes
€24k▼
2024 · €50k
Staff costs
€875k▲
2024 · €787k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.90M€2.65M▼
Fixed assets21/28€278k€229k▼
Intangible fixed assets21€7k€4k▼
Tangible fixed assets22/27€254k€208k▼
Land and buildings22€45k€42k▼
Plant, machinery and equipment23€199k€151k▼
Furniture and vehicles24€10k€15k▲
Other tangible fixed assets26€1k-
Financial fixed assets28€17k€17k=
Current assets29/58€2.62M€2.42M▼
Amounts receivable after more than one year29€426k€406k▼
Trade receivables290€426k-
Other amounts receivable291-€406k
Stocks and contracts in progress3€921k€361k▼
Stocks30/36€921k€361k▼
Amounts receivable within one year40/41€844k€615k▼
Trade receivables40€790k€560k▼
Other amounts receivable41€55k€55k▲
Cash at bank and in hand54/58€277k€932k▲
Deferred charges and accrued income490/1€153k€109k▼
Equity and liabilities
Total equity and liabilities10/49€2.90M€2.65M▼
Equity10/15€953k€890k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€898k€836k▼
Amounts payable17/49€1.95M€1.76M▼
Amounts payable after more than one year17€135k€107k▼
Financial debts170/4€135k€107k▼
Amounts payable within one year42/48€1.81M€1.57M▼
Current portion of amounts payable after more than one year42€50k€50k▲
Financial debts43€1.21M€1.14M▼
Credit institutions430/8€1.21M€1.14M▼
Trade debts44€466k€258k▼
Suppliers440/4€466k€258k▼
Taxes, remuneration and social security45€83k€129k▲
Taxes450/3€5k€36k▲
Remuneration and social security454/9€78k€93k▲
Accrued charges and deferred income492/3-€80k
Income statement
Code20242025
Remuneration, social security and pensions62€787k€875k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€105k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€32k
Other operating charges640/8€45k€192k▲
Gross operating margin9900€1.16M€1.23M▲
Operating profit (loss)9901€223k€27k▼
Financial income75/76B€230€20▼
Recurring financial income75€230€20▼
Financial charges65/66B€88k€65k▼
Recurring financial charges65€88k€65k▼
Profit (loss) for the period before taxes9903€135k€-39k▼
Income taxes67/77€50k€24k▼
Profit (loss) for the period9904€84k€-62k▼
Profit (loss) for the period to be appropriated9905€84k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€898k€836k▼
Profit (loss) brought forward from the previous period14P€814k€898k▲
Social balance
Average headcount (FTE)908715.617.1▲
The notes to these accounts (16 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
04-09
State Gazette act
General meeting · DemergerGeneral meeting · Demerger · Real estate8 facts ▸
State Gazette act
General meeting · Demerger
General meeting · Demerger · Real estate8 facts ▸
- General meeting, 2026-07-31
- Demerger, partial_split, apport_en_nature
- Real estate, Immeuble, sur et avec terrain, sis Rue du Milan 8D, cadastré comme « GARAGE ATELIER », section M, numéro 2C13 P0000, pour une contenance de 4.554 m²
- Accounting effect, 2026-01-01
- Power of attorney, Pascal DE BACKER
- Shareholding, P.A. GROUP est déjà titulaire de toutes les actions et autres titres conférant le droit de vote de GARAGE CENTRAL; aucune action ne sera émise en contrepartie d…
- Accounting effect, VNC de la participation de GARAGE CENTRAL dans P.A. GROUP: 1.405.850,00 € × 44% = 618.574,00 €; moins-value de fusion: 593.227,72 €
- Environmental permit, Permis d'environnement pour l'extension du garage automobile, valable jusqu'au 27/10/2030 (mentionné comme 27/01/2030 dans la section RGPE); obligation de remis…
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
26-06
State Gazette act
RestructuringDemerger · Accounting effect · Real estate4 facts ▸
State Gazette act
Restructuring
Demerger · Accounting effect · Real estate4 facts ▸
- Demerger, 2026-06-16
- Accounting effect, 2026-01-01
- Real estate, la pleine propriété de l'immeuble, son terrain d'assiette et des aménagements sis à 4950 WAIMES, rue du Milan 1 8 boîte d, cadastré Commune de Waimes, 1e divisi…
- Shareholding, 100%
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €162k ▲87.2%
Operating result €277k, net result €162k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €86k
Net result €86k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €-105k ▼191%
Net result drops to €-105k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 90 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waimes · 1 establishment unit since 1977
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 du Milan 84950 WaimesGround area
8,463 m²
Building footprint
3,405 m²
Volume, LiDAR
24,449 m³
Parcel 63080M0002/00W012, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Milan 8 D, 4950 Waimes
since 19772.013.985.858
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63080M0002/00W012 | Wallonia | 8,463 m² | 1 · 3,405 m² | 9.6 m · 3 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.
Structure & network
Acquisitions and mergers
2 transactionsContributed a business line to:P.A. GROUP
Contributed a business line to:PA GROUP
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Of 10,674 companies in sector 47811 we hold annual accounts for 5,223. 3,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1977
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50103
50200
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.garagecentral.be
E-mail:info@garagecentral.be