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GARAGE ESSELENS

Active
Private limited companyfounded 2018active for 8 yearsLepelstraat(MAZ) 15, 1745 Opwijk, BelgiumKBO/BCE: BE 0707.676.960
Summary

GARAGE ESSELENS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,782 and a net result of €29,554. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 60% of 22,773 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 02-10-2018 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 3 others
Joint committee
112 Paritair Comité voor het garagebedrijf · annual accounts 2025
Establishment unit
2.280.653.508 1745 Opwijk, since 02-10-2018
Financial year end
31 December
Peppol
Reachable since 02-09-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€114,062
▼ 8.8%
Turnover
≈ €600,000
estimated
Profit
€29,554
▼ 24.2%
Equity
€165,782
▲ 21.7%
Total assets
€370,872
▲ 3.1%
Employees on 31-12-2025
2
▲ 100%
Score breakdownraises riskSector: Retail trade (NACE 47)Size: total assets €370,872lowers riskLiquidity: current ratio 2.76, cash €72,331Equity €165,782 (44.7% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 70+7
equity 44.7% of total assets
Liquidity 70+6
short-term debt 16.6% · cash 19.5%
Profitability 79-3
return on assets 8.0%
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% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.6%highest value 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%● unchanged 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: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.76 (2.18 in 2024), above the usual 1.5. Short-term debt is 16.6% and cash 19.5% of total assets. However, 55.3% 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 59% of them on solvency, 76% on liquidity, 69% on profitability and 74% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.76, cash €72,331
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: total assets €370,872
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €165,782 (44.7% 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 23-06-2026, 38 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
38 days early
2024
40 days early
2023
49 days early
2022
56 days early
2021
52 days early
2020
54 days early
2019
39 days early
← 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 47 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)
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 13 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
02-11-2026 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: More equity than 80% of companies in retail tradesector median €41,230 · 22,814 companies €165,782 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €29,554 7 years View

Recent changes

  1. · Gazette deed Appointment: André Esselens (director)
  2. · Gazette deed Reappointments: ESSELENS Michaël (niet statutairbestuurder) and DE BUS Sofie (niet statutairbestuurder)
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as GARAGE ESSELENS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €318,000 and €442,000, founded between 2017 and 2019.

CompanyTotal assetsGross margin
GARAGE ESSELENS Opwijk€370,872€114,062
JNN Drogenbos€439,910€94,339
2K motiv Boortmeerbeek€373,911€126,617
Autobedrijf Brackx Veurne Oostende€354,411€137,127
ARM Cars Antwerpen€319,571€122,624
GARAGE COLLARD-BOVY Sébastien Verviers€317,770€92,011
The M Factory Boom€442,106€138,743
Full comparison

Key facts about GARAGE ESSELENS

What is the company number of GARAGE ESSELENS?
The company number of GARAGE ESSELENS is 0707.676.960. The VAT number is the same number with BE in front: BE 0707.676.960.
Where is GARAGE ESSELENS based?
The registered office is at Lepelstraat(MAZ) 15, 1745 Opwijk.Company details
What does GARAGE ESSELENS 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 ESSELENS?
The legal form of GARAGE ESSELENS is Private limited company (BV).
When was GARAGE ESSELENS founded?
GARAGE ESSELENS was founded on 02-10-2018.
Is GARAGE ESSELENS still active?
Yes, GARAGE ESSELENS is an active enterprise in the KBO register.
How many employees does GARAGE ESSELENS have?
GARAGE ESSELENS had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GARAGE ESSELENS fall under?
In its 2025 annual accounts, GARAGE ESSELENS states joint committee 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of GARAGE ESSELENS?
The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €114,062 and 38 comparable companies (NACE 47811). It probably lies between €400,000 and €1.5m.
Is GARAGE ESSELENS profitable?
In financial year 2025, GARAGE ESSELENS made a profit of €29,554.
Where can I find the annual accounts of GARAGE ESSELENS?
GARAGE ESSELENS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE ESSELENS due?
GARAGE ESSELENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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