Garage CONDROTTE
ActiveSummary
Garage CONDROTTE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644k and a net result of €5k. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-11
Solvency66▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.86 in 2024; short-term debt: 18.8% and cash: 16.4% of total assets), but 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
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
40.6%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
20 d early
2022
25 d early
2021
8 d late
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 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
€5k▼ 95.1%
2024 · €95k
2018: €-76k
2019: €-9k
2020: €49k
2021: €14k
2022: €21k
2023: €194k
2024: €95k
2018 → 2025
Working capital
€241k▼ 10.7%
2024 · €269k
2018: €-127k
2019: €-117k
2020: €-72k
2021: €-296k
2022: €-277k
2023: €129k
2024: €269k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€330k-€351k▲ 6.4%€545k▲ 55.4%€639k▲ 17.4%€644k▲ 0.7%
Operating result€52k-€63k▲ 21.3%€251k▲ 296%€186k▼ 26.1%€44k▼ 76.3%
Net result€14k-€21k▲ 46.1%€194k▲ 821%€95k▼ 51.2%€5k▼ 95.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€1.05M ▼ 8.2%
Current assets
€538k ▼ 7.4%
Equity and liabilities €1.59M
Equity
€644k ▲ 0.7%
Debt
€943k ▼ 13.1%
Debt's share of the balance-sheet total falls from 62.9% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€187k▼
2024 · €350k
Cash flow
€147k▼
2024 · €259k
Current ratio
1.81▼
2024 · 1.86
Quick ratio
1.38▼
2024 · 1.66
Debt to equity
1.46▼
2024 · 1.70
ROE
0.7%▼
2024 · 14.8%
ROA
0.3%▼
2024 · 5.5%
Interest coverage
5.50▼
2024 · 7.33
Debt ≤ 1 year
€298k▼
2024 · €312k
Debt > 1 year
€640k▼
2024 · €759k
Income taxes
€7k▼
2024 · €45k
Staff costs
€240k▲
2024 · €218k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.72M€1.59M▼
Fixed assets21/28€1.14M€1.05M▼
Tangible fixed assets22/27€943k€848k▼
Land and buildings22€842k€753k▼
Furniture and vehicles24€101k€96k▼
Other tangible fixed assets26€0€0=
Financial fixed assets28€200k€200k=
Current assets29/58€582k€538k▼
Stocks and contracts in progress3€64k€129k▲
Stocks30/36€64k€129k▲
Amounts receivable within one year40/41€91k€141k▲
Trade receivables40€76k€118k▲
Other amounts receivable41€15k€23k▲
Cash at bank and in hand54/58€422k€260k▼
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.59M▼
Equity10/15€639k€644k▲
Contributions10/11€180k€180k=
Revaluation surpluses12€380k€380k=
Reserves13€79k€84k▲
Distributable reserves133€79k€84k▲
Profit (loss) carried forward14€477€528▲
Amounts payable17/49€1.08M€943k▼
Amounts payable after more than one year17€759k€640k▼
Financial debts170/4€600k€481k▼
Other amounts payable178/9€159k€159k=
Amounts payable within one year42/48€312k€298k▼
Current portion of amounts payable after more than one year42€128k€108k▼
Trade debts44€35k€37k▲
Suppliers440/4€35k€37k▲
Taxes, remuneration and social security45€35k€35k▼
Taxes450/3€11k€18k▲
Remuneration and social security454/9€24k€16k▼
Other amounts payable47/48€114k€119k▲
Accrued charges and deferred income492/3€14k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€297€25k▲
Remuneration, social security and pensions62€218k€240k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165k€143k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€-1k▼
Other operating charges640/8€17k€16k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€587k€447k▼
Operating profit (loss)9901€186k€44k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€48k€34k▼
Recurring financial charges65€48k€34k▼
Profit (loss) for the period before taxes9903€140k€12k▼
Income taxes67/77€45k€7k▼
Profit (loss) for the period9904€95k€5k▼
Profit (loss) for the period to be appropriated9905€95k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€5k▼
Profit (loss) brought forward from the previous period14P€-15k€477▲
Transfer to equity691/2€79k€5k▼
To other reserves6921€79k€5k▼
Social balance
Average headcount (FTE)90875.76.0▲
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €194k ▲821%
Operating result €251k, net result €194k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.39
Current ratio from 0.59 to 1.39; short-term debt falls from €683k to €326k.
31-12
Financial
Equity above €500kEq €545k ▲55.4%
4 profitable years in a row build equity to €545k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial
Equity above €200kEq €330k
2 profitable years in a row build equity to €330k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Bertrix · 1 establishment unit since 2006
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 des Corettes 766880 BertrixGround area
5,543 m²
Building footprint
175 m²
Parcel 84009B0172/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
GARAGE CONDROTTE
since 20062.153.269.544
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84009B0172/00M000 | Wallonia | 5,543 m² | 1 · 175 m² | - |
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.
Similar companies · same sector, comparable size
TB
BE 0438.958.058
Antwerpen · Eq €644,418
Autohandel Dépannages Pagnaer
BE 0563.590.685
Diepenbeek · Eq €644,448
BOCARS
BE 0653.897.388
Kruisem · Eq €644,699
AUTOBEDRIJF D & B
BE 0427.625.290
Wevelgem · Eq €645,192
BUGA GEEL
BE 0415.664.497
Westerlo · Eq €642,238
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,291 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2006
Fiscal year end31-12
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)
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:louis@condrotte.be
Phone:061/27.95.73
Fax:061/27.95.74