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GARAGE DU TRIANGLE

Active
Private limited company (pre-2019)founded 2011active for 15 yearsRue des Chasseurs-Ardennais 23, 6780 Messancy, BelgiumKBO/BCE: BE 0833.440.529
Summary

The computed 12-month bankruptcy probability of GARAGE DU TRIANGLE is 7.6% (elevated). For GARAGE DU TRIANGLE, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €16,049 and a net result of -€7,267. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 32% of 13,329 sector peers (NACE 46, financial year 2021). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
1 site
Size
€96,869total assets 2021
Equity
€16,049
Loss
-€7,267
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.6%
2021 figures too old to score
Structure
Accounts 1172 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2021 (filed 10-10-2022)3 financial years not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 lateNo filing in 24 months (latest 10-10-2022)Two or more financial years not filedlowers riskFounded in 2011neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency 42-5
equity 16.6% of total assets
Liquidity 19-20
short-term debt 82.7% · cash 11.8%
Profitability 9-16
return on assets -7.5%
Bankruptcy probability, 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 8.3%highest value 12-2024: 8.3%● unchanged vs 11-2024highest value 01-2025: 8.3%● unchanged vs 12-2024highest value 02-2025: 8.3%● unchanged vs 01-2025highest value 03-2025: 8.3%● unchanged vs 02-2025highest value 04-2025: 8.3%● unchanged vs 03-2025highest value 05-2025: 8.3%● unchanged vs 04-2025 06-2025: 8.3%● unchanged vs 05-2025 07-2025: 8.3%● unchanged vs 06-2025 08-2025: 7.9%▼ -0.4 percentage points vs 07-2025 09-2025: 7.9%● unchanged vs 08-2025 10-2025: 7.9%● unchanged vs 09-2025 11-2025: 7.9%● unchanged vs 10-2025 12-2025: 7.9%● unchanged vs 11-2025 01-2026: 7.9%● unchanged vs 12-2025 02-2026: 7.9%● unchanged vs 01-2026 03-2026: 7.9%● unchanged vs 02-2026 04-2026: 7.9%● unchanged vs 03-2026 05-2026: 7.9%● unchanged vs 04-2026 06-2026: 7.9%● unchanged vs 05-2026 07-2026: 7.7%▼ -0.2 percentage points vs 06-2026 08-2026: 7.7%● unchanged vs 07-2026 09-2026: 7.6%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 7.6%● unchanged vs 09-2026lowest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2021 (filed 10-10-2022)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · No filing in 24 months (latest 10-10-2022)
NBB · filings
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
61 days late
2020
61 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 70 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2021 · micro…
  2. Weakest financial yearnet -€7,267
  3. Annual accounts filedfinancial year 2020 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2023 1172 days late View
  • Risk: 3 loss-making years in a rowloss financial year 2021 -€7,267 View
  • Caution: Among the weakest 18% on net resultsector median €7,430 · 13,333 companies -€7,267 View

By topic

Financials

Financial year
2021
Total assets
€96,869
Loss
-€7,267
Solvency
16.6%
Total assets▼ 8.8%
Net result
20182021
Go to Financials

Timeline

Events
12
Since
2012
  1. 26-10-2020Annual accounts filed
  2. 26-09-2019Annual accounts filed
  3. 26-09-2018Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
03-02-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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