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GARAGE DANO

Active
Private limited companyfounded 200817 yrs activeKanunnik Darisstraat 3, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0807.222.122

GARAGE DANO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €-22k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 3540 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
47 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-53
Solvency40▼-60
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.9 against 3.06 in 2023; short-term debt: 83.9% and cash: 42% of total assets), and 84.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
15.4%
Return on assets
-28.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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
Sector 95
lower
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
55 d late
2022
49 d late
2021
29 d late
2020
88 d late
2019
1 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€12k▼ 89.7%
2023 · €114k
2018: €26k 2019: €18k 2020: €69k 2021: €65k 2022: €131k 2023: €114k
2018 → 2024
Total assets
€77k▼ 46.0%
2023 · €142k
2018: €136k 2019: €139k 2020: €164k 2021: €160k 2022: €164k 2023: €142k
2018 → 2024
Net result
€-22k▼ 25.2%
2023 · €-18k
2018: €2k 2019: €-15k 2020: €1k 2021: €-4k 2022: €66k 2023: €-18k
2018 → 2024
Working capital
€-6k
2023 · €47k
2018: €-38k 2019: €-61k 2020: €-19k 2021: €-22k 2022: €38k 2023: €47k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€69k-€65k▼ 5.7%€131k▲ 101%€114k▼ 13.4%€12k▼ 89.7%
Operating result€-11k-€-3k▲ 73.7%€21k€4k▼ 83.4%€-16k
Net result€1k-€-4k€66k€-18k€-22k▼ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2020: €-11k€-11kNet result 2020: €1k€1kOperating result 2021: €-3k€-3kNet result 2021: €-4k€-4kOperating result 2022: €21k€21kNet result 2022: €66k€66kOperating result 2023: €4k€4kNet result 2023: €-18k€-18kOperating result 2024: €-16k€-16kNet result 2024: €-22k€-22k20202021202220232024
The operating result turns negative in 2024: a loss of €16k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77k
Fixed assets €19k▼ 73.9%
Current assets €58k▼ 17.6%
Equity and liabilities €77k
Equity €12k▼ 89.7%
Debt €65k▲ 130%
The debt ratio rises from 19.9% to 84.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Solvency
15.4%
2023 · 80.1%
Current ratio
0.90
2023 · 3.06
Quick ratio
0.58
2023 · 1.27
Debt / equity
5.51
2023 · 0.25
ROE
-186.7%
2023 · -15.4%
ROA
-28.7%
2023 · -12.4%
Debt
€65k
2023 · €28k
Debt ≤ 1 year
€64k
2023 · €23k
Income taxes
€322
2023 · €21k
Staff costs
€36k
2023 · €65k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€142k€77k
Fixed assets21/28€72k€19k
Tangible fixed assets22/27€72k€19k
Land and buildings22€2k-
Plant, machinery and equipment23€40k€139
Furniture and vehicles24€29k€18k
Financial fixed assets28€75€75=
Current assets29/58€70k€58k
Stocks and contracts in progress3€41k€21k
Stocks30/36€41k€21k
Amounts receivable within one year40/41€3k€5k
Trade receivables40€3k-
Other amounts receivable41€353€5k
Cash at bank and in hand54/58€22k€32k
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€142k€77k
Equity10/15€114k€12k
Contributions10/11€99k€19k
Reserves13€66k€66k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€-51k€-73k
Amounts payable17/49€28k€65k
Amounts payable within one year42/48€23k€64k
Trade debts44€20k€480
Suppliers440/4€20k€480
Taxes, remuneration and social security45€3k€846
Taxes450/3€3k€846
Other amounts payable47/48-€63k
Accrued charges and deferred income492/3€5k€587
Income statement Code20232024
Remuneration, social security and pensions62€65k€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€21k
Other operating charges640/8€5k€1k
Gross operating margin9900€101k€42k
Operating profit (loss)9901€4k€-16k
Financial income75/76B€287€47k
Recurring financial income75€287€47k
Non-recurring financial income76B-€47k
Financial charges65/66B€772€53k
Recurring financial charges65€772€504
Non-recurring financial charges66B-€53k
Profit (loss) for the period before taxes9903€3k€-22k
Income taxes67/77€21k€322
Profit (loss) for the period9904€-18k€-22k
Profit (loss) for the period to be appropriated9905€-18k€-22k
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-73k
Profit (loss) brought forward from the previous period14P€-34k€-51k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
24-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
18-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
31-12
Financial Back to profitnet €66k
Net result €66k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.14
Current ratio from 0.75 to 2.14; short-term debt falls from €89k to €33k.
31-12
Financial Equity above €100kEq €131k ▲101%
Equity rises from €65k to €131k.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Tongeren-Borgloon · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Kanunnik Darisstraat 33840 Tongeren-Borgloon
Ground area
805 m²
Building footprint
104 m²
Volume, LiDAR
597 m³
Parcel 73009B0280/00M002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE DANO
Kanunnik Darisstraat 3, 3840 Tongeren-BorgloonNACE 45111
since 20082.175.166.107
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73009B0280/00M002 Flanders 805 m² 1 · 104 m² 7.9 m · 2 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.

Recognitions · licences · registrations

Dual-learning approval

1 ended

Similar companies · same sector, comparable size

Of 7,377 companies in sector 95311 we hold annual accounts for 2,957. 1,290 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-10-2008
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:requile.sabine@skynet.be
Establishment Tongeren-Borgloon 2.175.166.107
Phone:012/670690
Establishment Tongeren-Borgloon 2.175.166.107