GARAGE DEN BAES
ActiveSummary
GARAGE DEN BAES has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €237,918. Equity has been growing by about 4.5% per year since 2019. Its solvency ranks better than 87% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 10-01-2000 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
- Joint committees
- 112 Paritair Comité voor het garagebedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2025
- Establishment unit
- 2.097.077.147 8020 Oostkamp, since 12-10-2001
- Financial year end
- 30 September
- Peppol
- Reachable since 30-01-2026
Board and ownership
- FRIEMADirector · permanent representative Den Baes Marnix
- ARNISEDirector · permanent representative Den Baes Frederik
- Vandendriessche IngridDirector
- ARNISE99.68%2025 annual accounts of ARNISE
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €656,651
- ▲ 1.6%
- Turnover
- ≈ €5.6m
- estimated
- Profit
- €237,918
- ▲ 11.8%
- Equity
- €1.7m
- ▲ 5.4%
- Total assets
- €2.2m
- ▼ 1.9%
- Employees on 30-09-2025
- 4
- ▼ 20.0%
Score breakdownlowers riskLiquidity: current ratio 5.27, cash €1.2mFounded in 2000Equity €1.7m (77.4% of total assets)Size: 4.4 FTE, total assets €2.2mShow the evidence
Checked score
Fewer than 1 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 92% of them on solvency, 95% on liquidity, 75% on profitability and 53% on growth.
The bankruptcy probability was computed on 03-11-2026 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 6 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
Recent changes
- · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsResignations: Den Baes Marnix, Vandendriessche Ingrid and ARNISE · Reappointments: Vandendriessche Ingrid (director) and ARNISE (director) · Permanent representatives: Den Baes Frederik and Den Baes Marnix
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GARAGE DEN BAES: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1.7m and €2.3m, founded between 1996 and 2003.
| Company | Total assets | Gross margin |
|---|---|---|
| GARAGE DEN BAES Oostkamp | €2.2m | €0.7m |
| Garage-Carrosserie CASIER EN ZONEN Oudenburg | €2.3m | €0.5m |
| L'AVENIR Ieper | €2.3m | €0.5m |
| GARAGE COPPENOLLE Poperinge | €2.2m | €0.9m |
| GARAGE DEGADT Gistel | €1.7m | €0.6m |
| GARAGE PEETERS Malle | €2.0m | €0.6m |
| TUYBENS HONDA CENTER Zottegem | €2.1m | €0.4m |
Key facts about GARAGE DEN BAES
- What is the company number of GARAGE DEN BAES?
- The company number of GARAGE DEN BAES is 0468.954.616. The VAT number is the same number with BE in front: BE 0468.954.616.
- Where is GARAGE DEN BAES based?
- The registered office is at Sint-Elooisstraat 133, 8020 Oostkamp.Company details
- What does GARAGE DEN BAES 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 DEN BAES?
- The legal form of GARAGE DEN BAES is Private limited company (BV).
- When was GARAGE DEN BAES founded?
- GARAGE DEN BAES was founded on 10-01-2000.
- Is GARAGE DEN BAES still active?
- Yes, GARAGE DEN BAES is an active enterprise in the KBO register.
- How many employees does GARAGE DEN BAES have?
- GARAGE DEN BAES had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GARAGE DEN BAES fall under?
- In its 30-09-2025 annual accounts, GARAGE DEN BAES states joint committees 112 (Paritair Comité voor het garagebedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of GARAGE DEN BAES?
- The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €656,651 and 35 comparable companies (NACE 47811). It probably lies between €3.0m and €8.3m.
- Is GARAGE DEN BAES profitable?
- In financial year 2025, GARAGE DEN BAES made a profit of €237,918.
- Where can I find the annual accounts of GARAGE DEN BAES?
- GARAGE DEN BAES filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GARAGE DEN BAES due?
- GARAGE DEN BAES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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