GARAGE GUNS
ActiveGARAGE GUNS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €270k and a net result of €73k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 90% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.38 against 7.24 in 2023), and 16.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.3%
Return on assets
22.5%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €270k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
25 d early
2021
18 d late
2020
10 d late
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€270k▲ 12.9%
2023 · €239k
2018: €253k
2019: €280k
2020: €250k
2021: €196k
2022: €212k
2023: €239k
2018 → 2024
Total assets
€324k▲ 15.4%
2023 · €281k
2018: €288k
2019: €312k
2020: €278k
2021: €224k
2022: €250k
2023: €281k
2018 → 2024
Net result
€73k▲ 33.2%
2023 · €55k
2018: €42k
2019: €28k
2020: €16k
2021: €27k
2022: €47k
2023: €55k
2018 → 2024
Working capital
€272k▲ 13.9%
2023 · €239k
2018: €248k
2019: €275k
2020: €247k
2021: €195k
2022: €209k
2023: €239k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€250k-€196k▼ 21.7%€212k▲ 7.9%€239k▲ 13.2%€270k▲ 12.9%
Operating result€22k-€39k▲ 82.1%€67k▲ 70.3%€76k▲ 14.4%€101k▲ 32.1%
Net result€16k-€27k▲ 67.7%€47k▲ 74.4%€55k▲ 15.7%€73k▲ 33.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 32% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €324k
Fixed assets
€2k▼ 52.7%
Current assets
€322k▲ 16.4%
Equity and liabilities €324k
Equity
€270k▲ 12.9%
Debt
€54k▲ 29.4%
The debt ratio rises from 14.9% to 16.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€103k▲
2023 · €79k
Cash flow
€75k▲
2023 · €57k
Solvency
83.3%▼
2023 · 85.1%
Current ratio
6.38▼
2023 · 7.24
Quick ratio
5.94▼
2023 · 6.75
Debt / equity
0.20▲
2023 · 0.17
ROE
27.0%▲
2023 · 22.9%
ROA
22.5%▲
2023 · 19.5%
Interest coverage
117.87▲
2023 · 94.98
Debt
€54k▲
2023 · €42k
Debt ≤ 1 year
€51k▲
2023 · €38k
Income taxes
€29k▲
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€281k€324k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€2k-
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28-€100
Current assets29/58€277k€322k▲
Stocks and contracts in progress3€19k€22k▲
Stocks30/36€19k€22k▲
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€7k€11k▲
Other amounts receivable41€100-
Cash at bank and in hand54/58€247k€287k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€281k€324k▲
Equity10/15€239k€270k▲
Contributions10/11€19k€19k=
Reserves13€218k€249k▲
Distributable reserves133€218k€249k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€42k€54k▲
Amounts payable within one year42/48€38k€51k▲
Trade debts44€7k€19k▲
Suppliers440/4€7k€19k▲
Taxes, remuneration and social security45€17k€17k▲
Taxes450/3€17k€17k▲
Other amounts payable47/48€14k€14k▼
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20232024
Non-recurring operating income76A€300-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€81k€105k▲
Operating profit (loss)9901€76k€101k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€830€874▲
Recurring financial charges65€830€874▲
Profit (loss) for the period before taxes9903€77k€102k▲
Income taxes67/77€22k€29k▲
Profit (loss) for the period9904€55k€73k▲
Profit (loss) for the period to be appropriated9905€55k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€76k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer from equity791/2€27k€42k▲
Transfer to equity691/2€55k€73k▲
To other reserves6921€55k€73k▲
Profit to be distributed694/7€27k€42k▲
Return on contributions (dividend)694€27k€42k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €73k ▲33.2%
Operating result €101k, net result €73k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €212k ▲7.9%
5 profitable years in a row build equity to €212k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €16k ▼42%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Sylvia DEMUYLDER
CurrentDirector · since 01-04-2025
01-04-2025
Appointed as Director
Location & real-estate footprint
Registered office, Huldenberg · 1 establishment unit since 1998
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.
Wolfshaegen 913040 HuldenbergGround area
853 m²
Building footprint
727 m²
Parcel 24045C0045/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
GARAGE GUNS BVBA
since 19982.089.208.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045C0045/00X000 | Flanders | 853 m² | 1 · 726 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
PRO - CAR
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ARDENNES PNEUS
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Percy Motors Perwez
BE 0665.862.735
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MC MOTORS
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TIBALEX
BE 0460.263.911
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Of 7,341 companies in sector 95311 we hold annual accounts for 2,939. 2,261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-1998
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50103
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.