GARAGE CMS
ActiveSummary
GARAGE CMS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,303 and a net result of €19,549. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 2604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79=
Solvency64▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.36 in 2024; short-term debt: 60.8% and cash: 36.4% of total assets), and 60.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
69 d early
2022
76 d 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 42 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 19 September (3 of the last 4 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€92,303▲ 26.9%
2024 · €72,754
Total assets
€235,699▲ 5.5%
2024 · €223,473
Net result
€19,549▲ 7.2%
2024 · €18,228
Working capital
€69,590▲ 28.5%
2024 · €54,160
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€16,822-€26,390▲ 56.9%€23,030▼ 12.7%€24,575▲ 6.7%
Net result€13,566within the sector's middle half-€20,960within the sector's middle half▲ 54.5%€18,228within the sector's middle half▼ 13.0%€19,549within the sector's middle half▲ 7.2%
Equity€33,566within the sector's middle half-€54,526within the sector's middle half▲ 62.4%€72,754within the sector's middle half▲ 33.4%€92,303within the sector's middle half▲ 26.9%
Total assets€109,108within the sector's middle half-€171,303within the sector's middle half▲ 57.0%€223,473within the sector's middle half▲ 30.5%€235,699within the sector's middle half▲ 5.5%
Debt€75,541-€116,776▲ 54.6%€150,719▲ 29.1%€143,396▼ 4.9%
Working capital€22,420within the sector's middle half-€18,993within the sector's middle half▼ 15.3%€54,160within the sector's middle half▲ 185%€69,590within the sector's middle half▲ 28.5%
Solvency30.8%within the sector's middle half-31.8%within the sector's middle half▲ 1.1pp32.6%within the sector's middle half▲ 0.7pp39.2%within the sector's middle half▲ 6.6pp
Current ratio1.30within the sector's middle half-1.16within the sector's middle half▼ 0.131.36within the sector's middle half▲ 0.201.49within the sector's middle half▲ 0.13
Return on assets (ROA)12.4%within the sector's middle half-12.2%within the sector's middle half▼ 0.2pp8.2%within the sector's middle half▼ 4.1pp8.3%within the sector's middle half▲ 0.1pp
Staff (FTE)0.70.9▲ 28.6%0.9=
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235,699
Fixed assets
€22,714 ▲ 22.2%
Current assets
€212,985 ▲ 4.0%
Equity and liabilities €235,699
Equity
€92,303 ▲ 26.9%
Debt
€143,396 ▼ 4.9%
Debt's share of the balance-sheet total falls from 67.4% to 60.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,443▲
2024 · €28,078
Cash flow
€25,418▲
2024 · €23,275
Quick ratio
0.86▲
2024 · 0.37
Debt to equity
1.55▼
2024 · 2.07
ROE
21.2%▼
2024 · 25.1%
Interest coverage
130.06▲
2024 · 127.95
Debt ≤ 1 year
€143,396▼
2024 · €150,719
Income taxes
€4,853▲
2024 · €4,638
Staff costs
€18,510▲
2024 · €16,572
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €18 | €7,145 | €16,572 | €18,510 | ▲ 11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,760 | €5,047 | €5,047 | €5,869 | ▲ 16.3% |
| Other operating charges640/8 | €1,442 | €1,179 | €1,611 | €2,059 | ▲ 27.8% |
| Gross operating margin9900 | €20,042 | €39,762 | €46,261 | €51,012 | ▲ 10.3% |
| Operating profit (loss)9901 | €16,822 | €26,390 | €23,030 | €24,575 | ▲ 6.7% |
| Financial income75/76B | €70 | €18 | €55 | €62 | ▲ 12.6% |
| Recurring financial income75 | €70 | €18 | €55 | €62 | ▲ 12.6% |
| Financial charges65/66B | €130 | €95 | €219 | €234 | ▲ 6.7% |
| Recurring financial charges65 | €130 | €95 | €219 | €234 | ▲ 6.7% |
| Profit (loss) for the period before taxes9903 | €16,763 | €26,314 | €22,866 | €24,402 | ▲ 6.7% |
| Income taxes67/77 | €3,197 | €5,354 | €4,638 | €4,853 | ▲ 4.6% |
| Profit (loss) for the period9904 | €13,566 | €20,960 | €18,228 | €19,549 | ▲ 7.2% |
| Profit (loss) for the period to be appropriated9905 | €13,566 | €20,960 | €18,228 | €19,549 | ▲ 7.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €109,108 | €171,303 | €223,473 | €235,699 | ▲ 5.5% |
| Fixed assets21/28 | €11,147 | €35,534 | €18,595 | €22,714 | ▲ 22.2% |
| Tangible fixed assets22/27 | €11,147 | €35,534 | €18,595 | €22,714 | ▲ 22.2% |
| Plant, machinery and equipment23 | €9,581 | €10,280 | €14,305 | €18,026 | ▲ 26.0% |
| Furniture and vehicles24 | €519 | €24,462 | €3,755 | €2,857 | ▼ 23.9% |
| Other tangible fixed assets26 | €1,047 | €791 | €534 | €1,831 | ▲ 243% |
| Current assets29/58 | €97,961 | €135,769 | €204,878 | €212,985 | ▲ 4.0% |
| Stocks and contracts in progress3 | €45,100 | €94,070 | €149,240 | €90,162 | ▼ 39.6% |
| Stocks30/36 | €45,100 | €94,070 | €149,240 | €90,162 | ▼ 39.6% |
| Amounts receivable within one year40/41 | €457 | €25,827 | €3,615 | €35,263 | ▲ 875% |
| Trade receivables40 | €457 | €10,641 | €3,615 | €12,700 | ▲ 251% |
| Other amounts receivable41 | - | €15,187 | - | €22,563 | - |
| Cash at bank and in hand54/58 | €51,664 | €15,535 | €52,023 | €85,712 | ▲ 64.8% |
| Deferred charges and accrued income490/1 | €740 | €337 | - | €1,848 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €109,108 | €171,303 | €223,473 | €235,699 | ▲ 5.5% |
| Equity10/15 | €33,566 | €54,526 | €72,754 | €92,303 | ▲ 26.9% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €13,566 | €34,526 | €52,754 | €72,303 | ▲ 37.1% |
| Distributable reserves133 | €13,566 | €34,526 | €52,754 | €72,303 | ▲ 37.1% |
| Amounts payable17/49 | €75,541 | €116,776 | €150,719 | €143,396 | ▼ 4.9% |
| Amounts payable within one year42/48 | €75,541 | €116,776 | €150,719 | €143,396 | ▼ 4.9% |
| Trade debts44 | - | €373 | €3,423 | €2,161 | ▼ 36.9% |
| Suppliers440/4 | - | €373 | €3,423 | €2,161 | ▼ 36.9% |
| Taxes, remuneration and social security45 | €9,249 | €5,945 | €8,069 | €4,341 | ▼ 46.2% |
| Taxes450/3 | €9,249 | €5,354 | €6,695 | €2,139 | ▼ 68.0% |
| Remuneration and social security454/9 | - | €591 | €1,374 | €2,202 | ▲ 60.3% |
| Other amounts payable47/48 | €66,292 | €110,459 | €139,226 | €136,894 | ▼ 1.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,566 | €20,960 | €18,228 | €19,549 | ▲ 7.2% |
| + Depreciation and write-downs630 | €1,760 | €5,047 | €5,047 | €5,869 | ▲ 16.3% |
| Operating cash flow (approximation) | €15,327 | €26,007 | €23,275 | €25,418 | ▲ 9.2% |
| Investment in fixed assets (approximation) | - | -€29,434 | €11,892 | -€9,988 | ▼ 184% |
| Change in cash | - | -€36,130 | €36,489 | €33,689 | ▼ 7.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2022net €20,960 ▲54.5%
Operating result €26,390, net result €20,960, both a record.
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Borsbeek · 1 establishment unit since 2021
Ground area
541 m²
Building footprint
101 m²
Volume, LiDAR
625 m³
Parcel 11007B0126/00A003, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE CMS
since 20212.315.079.895
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007B0126/00A003 | Flanders | 541 m² | 1 · 101 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 7,378 companies in sector 95311 we hold annual accounts for 2,963. 2,307 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-03-2021
Fiscal year end31-03
Activities, NACEBEL 2025
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)
95315Tyre services
46180Agents specialised in the wholesale of other particular products
95314Bodywork repair (including spraying and painting)
Contact
E-mail
info@garagecms.be
Phone
0484839940
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765669993
Also
9925:BE0765669993
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.