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Garage de Smit

Active
Private limited companyfounded 2025active for 1 yearBontinkstraat 162, 9270 Laarne, BelgiumKBO/BCE: BE 1020.016.861
Summary

The computed 12-month bankruptcy probability of Garage de Smit is 2.6% (moderate). The 2025 annual accounts show equity of €7,086 and a net result of €2,086. Its solvency ranks better than 23% of 3,304 sector peers (NACE 95, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-02-2025 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 3 others
Establishment unit
2.370.750.967 9270 Laarne, since 14-02-2025
Financial year end
30 September
Peppol
Reachable since 23-10-2026

Board and ownership

Board
  • De Smit ClassicsDirector · since 14-02-2025 · permanent representative de Smit Hendrik Renaat Christianne
  • Transport De Smit MichaëlDirector · since 14-02-2025 · permanent representative dE SMIT Michael Cyriel Anny

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts to 30-09-2025
Gross margin
€3,550
Turnover
≈ €37,000
estimated
Profit
€2,086
Equity
€7,086
Total assets
€81,242
Score breakdownraises riskFounded in 2025Size: total assets €81,242Equity €7,086 (8.7% of total assets)Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 32% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength
Average
Solvency 34
equity 8.7% of total assets
Liquidity 36
short-term debt 50.0% · cash 8.5%
Profitability 72
return on assets 2.6%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 03-2026: 1.8%lowest value 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.2%▲ +0.3 percentage points vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.3 percentage points vs 07-2026 09-2026: 2.8%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 2.6%▼ -0.2 percentage points vs 09-2026 11-2026: 2.6%● unchanged vs 10-2026
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 95, micro). It does better than 22% of them on solvency, 27% on liquidity and 46% on profitability.

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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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €81,242
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €7,086 (8.7% of total assets)
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3304 sector peers (2025).
NBB · sector comparison
Position among 3304 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000 · Appointments: Transport De Smit Michaël (director) and De Smit Classics (director) · Permanent representatives: dE SMIT Michael Cyriel Anny and de Smit Hendrik Renaat Christianne
All 2 events

Comparable companies

These companies have the same main activity as Garage de Smit: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €43,000 and €96,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Garage de Smit Laarne€81,242€3,550
IK MOTOR Sint-Genesius-Rode€95,956€4,385
GARAGE MT ASSISTANCE Zaventem€69,453€2,754
Kips-automotive Eghezée€52,234€3,223
CAMPERIVO Geel€80,104€5,070
CARPOINT ARENDONK Arendonk€43,002€3,254
G&P AUTOMOTIVE Kortrijk€73,283€5,441
Full comparison

Key facts about Garage de Smit

What is the company number of Garage de Smit?
The company number of Garage de Smit is 1020.016.861. The VAT number is the same number with BE in front: BE 1020.016.861.
Where is Garage de Smit based?
The registered office is at Bontinkstraat 162, 9270 Laarne.Company details
What does Garage de Smit do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of Garage de Smit?
The legal form of Garage de Smit is Private limited company (BV).
When was Garage de Smit founded?
Garage de Smit was founded on 14-02-2025.
Is Garage de Smit still active?
Yes, Garage de Smit is an active enterprise in the KBO register.
What is the turnover of Garage de Smit?
The turnover in financial year 2025 is ≈ €37,000. This figure is estimated from the gross margin of €3,550 and 36 comparable companies (NACE 95311). It probably lies between €18,000 and €85,000. It is a rough estimate.Financials
Is Garage de Smit profitable?
In financial year 2025, Garage de Smit made a profit of €2,086.
Where can I find the annual accounts of Garage de Smit?
Garage de Smit filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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