Financials
- Fiscal year
- 2024
- Total assets
- €19,994
- Profit
- €777
- Solvency
- -163.1%
Total assets▲ 3.6%
Net result
20202024
Garage H2
ActiveSummary
The computed 12-month bankruptcy probability of Garage H2 is 1.7% (moderate). The 2024 annual accounts show negative equity (-€32,613) and a net result of €777. Equity is shrinking by ~2.5% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311NACE 45201
1 site
How big
€19,994total assets 2024
- Equity
- -€32,613
- Profit
- €777
Turnover not published (abridged schema)
Who decides
Accounts 39 d early0 of 1 deed read
Why 40- Limited track record- Annual accounts: weaker financial profile+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-26
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.36 in 2023; short-term debt: 263.1% and cash: 16.2% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-163.1%
Return on assets
3.9%
Age of the figures
21 mo
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
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 22-06-2026, 39 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
39 d early
2024
43 d early
2023
35 d early
2022
38 d early
2021
37 d early
2020
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2021
- Next accounts
- by 31-07-2027
- 22-06-2026Annual accounts filed
- 18-06-2025Annual accounts filed
- 26-06-2024Annual accounts filed
Support & recognitions
- Funding sources
- 1
- Flemish government
- €2,000awarded · 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General maintenance and repair of cars and light…NACE 95311
- Founded
- 03-10-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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