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GARAGE DESMEDT

Active
Private limited companyfounded 1992active for 34 yearsHoefsmidstraat 21, 1840 Londerzeel, BelgiumKBO/BCE: BE 0446.795.757
Summary

GARAGE DESMEDT has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,815 and a net result of €13,258. Equity has been growing by about 85% per year since 2018. Its solvency ranks better than 34% of 12,781 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 11-03-1992 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
Joint committee
112 Paritair Comité voor het garagebedrijf · annual accounts 2025
Establishment unit
2.057.216.085 1840 Londerzeel, since 27-04-1992
Financial year end
31 December
Peppol
Reachable since 08-10-2024

Board and ownership

Board
  • DESMEDT ROELANDDirector

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€116,079
▼ 9.4%
Turnover
≈ €610,000
estimated
Profit
€13,258
▼ 45.1%
Equity
€111,815
▲ 13.5%
Total assets
€499,927
▼ 10.8%
Staff
1 FTE
=
Score breakdownraises riskSector: Retail trade (NACE 47)Equity €111,815 (22.4% of total assets)lowers riskFounded in 1992Liquidity: current ratio 1.98, cash €74,050Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 47+4
equity 22.4% of total assets
Liquidity 53+4
short-term debt 34.0% · cash 14.8%
Profitability 72-2
return on assets 2.7%
Bankruptcy probability within 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% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.4 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98 (1.6 in 2024), above the usual 1.5. Short-term debt is 34% and cash 14.8% of total assets. However, 77.6% of the assets are financed with debt and provisions.
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 38% of them on solvency, 59% on liquidity, 55% on profitability and 66% on growth.

The bankruptcy probability was computed on 04-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.98, cash €74,050
NBB · annual accounts
raises risk · Equity €111,815 (22.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
3 days early
2023
49 days early
2022
17 days early
2021
31 days early
2020
31 days late
2019
112 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day 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)
neutral · 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 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: DE SMEDT Ludo (director)Director discharge: DE SMEDT Ludo
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as GARAGE DESMEDT: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €474,000 and €759,000, founded between 1989 and 2001.

CompanyTotal assetsGross margin
GARAGE DESMEDT Londerzeel€499,927€116,079
BEN CAR Wezembeek-Oppem€474,391€115,089
PASSION 911 SCRL Eghezée€510,350€122,699
GARAGE PATRICK VAN TWEMBEKE Brakel€567,589€155,292
MTS-VERLINDEN Londerzeel€489,513€141,610
QUATRE BRAS Tervuren€658,794€97,455
Firma DE COCK Lubbeek€758,722€123,620
Full comparison

Key facts about GARAGE DESMEDT

What is the company number of GARAGE DESMEDT?
The company number of GARAGE DESMEDT is 0446.795.757. The VAT number is the same number with BE in front: BE 0446.795.757.
Where is GARAGE DESMEDT based?
The registered office is at Hoefsmidstraat 21, 1840 Londerzeel.Company details
What does GARAGE DESMEDT 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 DESMEDT?
The legal form of GARAGE DESMEDT is Private limited company (BV).
When was GARAGE DESMEDT founded?
GARAGE DESMEDT was founded on 11-03-1992.
Is GARAGE DESMEDT still active?
Yes, GARAGE DESMEDT is an active enterprise in the KBO register.
How many employees does GARAGE DESMEDT have?
GARAGE DESMEDT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GARAGE DESMEDT fall under?
In its 2025 annual accounts, GARAGE DESMEDT states joint committee 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of GARAGE DESMEDT?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €116,079 and 38 comparable companies (NACE 47811). It probably lies between €410,000 and €1.6m.
Is GARAGE DESMEDT profitable?
In financial year 2025, GARAGE DESMEDT made a profit of €13,258.
Where can I find the annual accounts of GARAGE DESMEDT?
GARAGE DESMEDT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE DESMEDT due?
GARAGE DESMEDT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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