GARAGE FORET
ActiveSummary
GARAGE FORET has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-11k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability26▲+18
Solvency0▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.85 against 4.95 in 2023; short-term debt: 25.2% and cash: 27% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-35%
Return on assets
-4.7%
Age of the figures
21 mo
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 · 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
31 d late
2022
31 d late
2021
13 d early
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-11k▼ 15.5%
2023 · €-10k
2018: €-47k
2019: €-56k
2020: €17k
2021: €10k
2022: €7k
2023: €-10k
2018 → 2024
Total assets
€33k▼ 22.9%
2023 · €43k
2018: €132k
2019: €127k
2020: €184k
2021: €77k
2022: €63k
2023: €43k
2018 → 2024
Net result
€-2k▲ 69.5%
2023 · €-5k
2018: €-16k
2019: €-9k
2020: €73k
2021: €-7k
2022: €-3k
2023: €-5k
2018 → 2024
Working capital
€24k▼ 29.0%
2023 · €33k
2018: €-83k
2019: €-104k
2020: €62k
2021: €52k
2022: €42k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€10k▼ 41.4%€7k▼ 29.1%€-10k€-11k▼ 15.5%
Operating result€79k-€-3k€383€-2k€1k
Net result€73k-€-7k€-3k▲ 58.8%€-5k▼ 72.8%€-2k▲ 69.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€1k =
Current assets
€32k ▼ 23.4%
Key figures and ratios
Solvency
-35.0%▼
2023 · -23.4%
Current ratio
3.85▼
2023 · 4.95
Quick ratio
3.37▼
2023 · 4.48
Debt to equity
-3.86▲
2023 · -5.28
ROA
-4.7%▲
2023 · -11.9%
Debt
€44k▼
2023 · €52k
Debt ≤ 1 year
€8k▼
2023 · €8k
Debt > 1 year
€32k▼
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€43k€33k▼
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€42k€32k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€19k€19k▲
Trade receivables40€10k€10k▼
Other amounts receivable41€9k€9k▲
Cash at bank and in hand54/58€19k€9k▼
Equity and liabilities
Total equity and liabilities10/49€43k€33k▼
Equity10/15€-10k€-11k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-30k€-32k▼
Amounts payable17/49€52k€44k▼
Amounts payable after more than one year17€40k€32k▼
Financial debts170/4€40k€32k▼
Amounts payable within one year42/48€8k€8k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€548€211▼
Suppliers440/4€548€211▼
Other amounts payable47/48€183-
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20232024
Other operating charges640/8€438€826▲
Non-recurring operating charges66A-€204
Gross operating margin9900€-2k€2k▲
Operating profit (loss)9901€-2k€1k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-5k€-2k▲
Profit (loss) for the period9904€-5k€-2k▲
Profit (loss) for the period to be appropriated9905€-5k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-32k▼
Profit (loss) brought forward from the previous period14P€-25k€-30k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 5.57
Current ratio from 1.59 to 5.57; short-term debt falls from €105k to €11k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €73k
Net result €73k after 2 loss-making years.
31-12
Financial
Liquidity times 19current ratio 1.59
Current ratio from 0.09 to 1.59; short-term debt falls from €113k to €105k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tournai · 1 establishment unit since 2001
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.
Chaussée de Lille(OR) 4767501 TournaiGround area
1,014 m²
Building footprint
259 m²
Volume, LiDAR
584 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Renaix(D) 96, 7912 Frasnes-lez-Anvaing
since 20012.094.337.985
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51016B0458/00N000 | Wallonia | 607 m² | 1 · 166 m² | - |
| 57060B0288/00K000 | Wallonia | 407 m² | 1 · 94 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
UZBEEK
BE 0817.698.122
Anderlecht · Eq €7,122
DEMISTORE
BE 0781.374.194
Charleroi · Eq €7,090
ALLIANCE SERVICES
BE 0430.276.558
Braine-l'Alleud · Eq €7,059
Schildermanagement Pypops
BE 0447.182.272
Herselt · Eq €7,031
Nowarra
BE 1022.505.308
Lubbeek · Eq €6,920
Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 539 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dimitri.foret@gmail.com
Phone:0472777847