Garage Decock
ActiveGarage Decock has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.24M and a net result of €405k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 64% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+1
Solvency75▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.71 in 2024; short-term debt: 41.9% and cash: 19.5% of total assets), and 49.6% 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 risk○neutral
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
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 · 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
50.4%
Return on assets
9.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
29 d late
2022
9 d late
2021
33 d early
2020
36 d early
2019
5 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.24M▲ 2.5%
2024 · €2.19M
2018: €2.11M
2019: €2.41M
2020: €2.00M
2021: €2.02M
2022: €2.13M
2023: €2.29M
2024: €2.19M
2018 → 2025
Total assets
€4.45M▼ 3.9%
2024 · €4.62M
2018: €3.10M
2019: €3.12M
2020: €3.06M
2021: €3.23M
2022: €3.60M
2023: €3.86M
2024: €4.62M
2018 → 2025
Net result
€405k▲ 11.3%
2024 · €364k
2018: €207k
2019: €302k
2020: €242k
2021: €272k
2022: €285k
2023: €367k
2024: €364k
2018 → 2025
Working capital
€1.38M▼ 6.7%
2024 · €1.48M
2018: €2.04M
2019: €2.32M
2020: €1.95M
2021: €1.88M
2022: €1.86M
2023: €1.66M
2024: €1.48M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.02M-€2.13M▲ 5.6%€2.29M▲ 7.5%€2.19M▼ 4.6%€2.24M▲ 2.5%
Operating result€414k-€444k▲ 7.3%€506k▲ 14.0%€544k▲ 7.4%€537k▼ 1.3%
Net result€272k-€285k▲ 4.7%€367k▲ 28.9%€364k▼ 0.9%€405k▲ 11.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.45M
Fixed assets
€1.21M▲ 12.0%
Current assets
€3.24M▼ 8.7%
Equity and liabilities €4.45M
Equity
€2.24M▲ 2.5%
Debt
€2.20M▼ 9.5%
The debt ratio falls from 52.7% to 49.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€731k▲
2024 · €686k
Cash flow
€599k▲
2024 · €506k
Solvency
50.4%▲
2024 · 47.3%
Current ratio
1.74▲
2024 · 1.71
Quick ratio
1.15▲
2024 · 1.08
Debt / equity
0.98▼
2024 · 1.11
ROE
18.1%▲
2024 · 16.6%
ROA
9.1%▲
2024 · 7.9%
Interest coverage
8.81▲
2024 · 8.79
Debt
€2.20M▼
2024 · €2.44M
Debt ≤ 1 year
€1.86M▼
2024 · €2.07M
Debt > 1 year
€267k▼
2024 · €298k
Income taxes
€136k▲
2024 · €117k
Staff costs
€808k▲
2024 · €774k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.62M€4.45M▼
Fixed assets21/28€1.08M€1.21M▲
Intangible fixed assets21€741€83▼
Tangible fixed assets22/27€1.08M€1.21M▲
Land and buildings22€795k€1.03M▲
Plant, machinery and equipment23€28k€34k▲
Furniture and vehicles24€252k€144k▼
Current assets29/58€3.55M€3.24M▼
Stocks and contracts in progress3€1.30M€1.09M▼
Stocks30/36€1.30M€1.09M▼
Amounts receivable within one year40/41€608k€646k▲
Trade receivables40€584k€646k▲
Other amounts receivable41€24k-
Current investments50/53€714k€613k▼
Cash at bank and in hand54/58€908k€867k▼
Deferred charges and accrued income490/1€14k€22k▲
Equity and liabilities
Total equity and liabilities10/49€4.62M€4.45M▼
Equity10/15€2.19M€2.24M▲
Contributions10/11€20k€20k=
Reserves13€2.16M€2.22M▲
Tax-exempt reserves132€115€115=
Distributable reserves133€2.16M€2.22M▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€2.44M€2.20M▼
Amounts payable after more than one year17€298k€267k▼
Financial debts170/4€298k€267k▼
Amounts payable within one year42/48€2.07M€1.86M▼
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€451k€311k▼
Suppliers440/4€451k€311k▼
Bills of exchange payable441€204-
Taxes, remuneration and social security45€270k€265k▼
Taxes450/3€181k€179k▼
Remuneration and social security454/9€89k€86k▼
Other amounts payable47/48€1.32M€1.25M▼
Accrued charges and deferred income492/3€68k€75k▲
Income statement
Code20242025
Remuneration, social security and pensions62€774k€808k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143k€194k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-12k-
Other operating charges640/8€22k€62k▲
Gross operating margin9900€1.47M€1.60M▲
Operating profit (loss)9901€544k€537k▼
Financial income75/76B€15k€87k▲
Recurring financial income75€15k€87k▲
Financial charges65/66B€78k€83k▲
Recurring financial charges65€78k€83k▲
Profit (loss) for the period before taxes9903€481k€541k▲
Income taxes67/77€117k€136k▲
Profit (loss) for the period9904€364k€405k▲
Profit (loss) for the period to be appropriated9905€364k€405k▲
Appropriation of the result
Profit (loss) to be appropriated9906€369k€410k▲
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer from equity791/2€395k€251k▼
Transfer to equity691/2€289k€305k▲
To other reserves6921€289k€305k▲
Profit to be distributed694/7€470k€351k▼
Return on contributions (dividend)694€395k€251k▼
Directors or managers695€75k€100k▲
Social balance
Average headcount (FTE)908710.811.2▲
The notes to these accounts (13 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €405k ▲11.3%
Net result €405k, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 5 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Zedelgem · 1 establishment unit since 1980
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.
Torhoutsesteenweg 3568210 ZedelgemGround area
3,543 m²
Building footprint
2,073 m²
Parcel 31036E0436/00T002, Flanders. Linked by address, not a title deed.
1 establishment unit
Torhoutsesteenweg 356, 8210 Zedelgem
since 19802.018.297.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036E0436/00T002 | Flanders | 3,543 m² | 1 · 2,073 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,600 EUR awarded · 3,600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,800 EUR | 1,800 EUR |
| 2024 | 1 | 1,800 EUR | 1,800 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600IJANMF7FY82Y81
Similar companies · same sector, comparable size
The Trading Group
BE 0884.704.435
Aarschot · Eq €2.24M
VRIENS
BE 0455.731.239
Olen · Eq €2.25M
DENT & CAR REPAIR
BE 0474.154.608
Kruibeke · Eq €2.25M
Garage Neyt
BE 0414.723.696
Lokeren · Eq €2.26M
Etablissements ENCLIN S.A.
BE 0414.759.528
Esneux · Eq €2.23M
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 2,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1979
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45204
50200
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.