GARAGE DE GROOTE
ActiveSummary
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 has been growing by about 4.6% per year since 2018. Its solvency ranks better than 43% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-04-1990 Normal situation
- 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
Board and ownership
- VINCENT DE GROOTEManaging director
- VINCENT DE GROOTE98%2025 annual accounts of VINCENT DE GROOTE
- VINCENT DEGROOTE1.61%annual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- 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%
- Employees on 31-12-2025
- 5
- =
Score breakdownraises 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
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 46% of them on solvency, 17% on liquidity, 28% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 6th oldest company in Onhayein the Checked rankings No. 6 View
Recent changes
- · Gazette deed 1 director appointed, 2 directors resigningChange of role: VINCENT DE GROOTE, from director to sole director · Resignation: DEMARS Delphine (director) · Permanent representative: Vincent DE GROOTE
- · Gazette deed 1 director appointed, 2 reappointedReappointment: VINCENT DE GROOTE (director) · Permanent representative: Vincent DE GROOTE · Appointment: DEMARS Delphine (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GARAGE DE GROOTE: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 1984 and 1992.
| Company | Total assets | Gross margin |
|---|---|---|
| GARAGE DE GROOTE Onhaye | €1.4m | €0.3m |
| GARAGE DEBATY Ciney | €1.1m | €0.3m |
| GARAGE FIEMS Ardooie | €1.2m | €0.3m |
| ANCIENS ETS DEVERCHIN Mons | €1.7m | €0.3m |
| Ets ALBERT CLOSE Durbuy | €1.6m | €0.4m |
| AUTOHANDEL CALLANT Roeselare | €1.6m | €0.4m |
| SMET GEBROEDERS Temse | €1.3m | €0.4m |
Key facts about GARAGE DE GROOTE
- What is the company number of GARAGE DE GROOTE?
- The company number of GARAGE DE GROOTE is 0440.244.693. The VAT number is the same 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?
- The legal form of GARAGE DE GROOTE is Public limited company (NV).
- When was GARAGE DE GROOTE founded?
- GARAGE DE GROOTE was 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?
- GARAGE DE GROOTE had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GARAGE DE GROOTE?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €305,303 and 35 comparable companies (NACE 47811). It probably lies between €1.4m and €3.9m.
- 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.
- When are the next annual accounts of GARAGE DE GROOTE due?
- GARAGE DE GROOTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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