GARAGE DE GROOTE

Active

Public limited companyfounded 1990active for 36 yearsRue Emile-Collard, Ant. 15, 5520 Onhaye, BelgiumKBO/BCE: BE 0440.244.693

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GARAGE DE GROOTE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426,457 and a net result of €2,779. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 43% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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GARAGE DE GROOTEActiveChecked score 85/100

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Official details

KBO

Status: Active since 03-04-1990 Normal situation
Legal form: Public limited company
Registered office: Rue Emile-Collard, Ant. 15, 5520 Onhaye
Activity: Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Establishment unit: 2.047.929.623 5520 Onhaye, since 19-04-1990
Financial year end: 31 December
Peppol: Reachable since 12-09-2025

Company details

Who decides

Board

VINCENT DE GROOTEManaging director

Shareholders

VINCENT DE GROOTE98%annual accounts 2025
VINCENT DEGROOTE1.61%annual accounts 2023

Board & ownership

How it is doing

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €305,303; ▲ 0.3%
Turnover: ≈ €2.6m; estimated
Profit: €2,779; ▼ 91.3%
Equity: €426,457; ▼ 11.8%
Total assets: €1.4m; ▼ 7.6%
Staff: 4.6 FTE; ▲ 12.2%

2025 accounts 34 days early

Filed on 27-06-2026at the National Bank

Financials

Why 85raises riskSector: Retail trade (NACE 47)Liquidity: current ratio 1.38, cash €46,674lowers riskFounded in 1990Size: 4.6 FTE, total assets €1.4mShow the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 29% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 55-1

equity 30.0% of total assets

Liquidity 18-4

short-term debt 67.2% · cash 3.3%

Profitability 36-5

return on assets 0.2%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.38, compared with 1.45 in 2024, below the usual 1.5; short-term debt: 67.2% and cash: 3.3% of total assets), and 70% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 46% on solvency, 17% on liquidity, 28% on profitability and 25% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 1990

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Retail trade (NACE 47)

KBO

Size: 4.6 FTE, total assets €1.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 1.38, cash €46,674

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

34 days early

2024

36 days early

2023

26 days late

2022

35 days early

2021

31 days early

2020

12 days late

2019

32 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: 6th oldest company in Onhayein the Checked rankings No. 6 View

Documents

Key facts about GARAGE DE GROOTE

What is the company number of GARAGE DE GROOTE?: 0440.244.693. In Belgium the VAT number is the company number with BE in front: BE 0440.244.693.
Where is GARAGE DE GROOTE based?: The registered office is at Rue Emile-Collard, Ant. 15, 5520 Onhaye.Company details
What does GARAGE DE GROOTE do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of GARAGE DE GROOTE?: Public limited company (NV).
When was GARAGE DE GROOTE founded?: On 03-04-1990.
Is GARAGE DE GROOTE still active?: Yes, GARAGE DE GROOTE is an active enterprise in the KBO register.
How many employees does GARAGE DE GROOTE have?: On average 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE DE GROOTE?: ≈ €2.6m in financial year 2025. Estimated from the gross margin of €305,303: probably between €1.4m and €3.9m, based on 35 comparable companies, NACE 47811.
Is GARAGE DE GROOTE profitable?: In financial year 2025, GARAGE DE GROOTE made a profit of €2,779.
Where can I find the annual accounts of GARAGE DE GROOTE?: GARAGE DE GROOTE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GARAGE DE GROOTE due?: By 31-07-2027, for financial year 2026.Timeline