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GARAGE L'EQUIPE

Active
Private limited companyfounded 2006active for 19 yearsLaarstraat 17, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0886.017.202
Summary

GARAGE L'EQUIPE has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €257,585 and a net result of €70,448. Equity is growing by about 9.7% per year across the filed financial years. Its solvency ranks better than 41% of 9,539 sector peers (NACE 47, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€842,976total assets 2024
Equity
€257,585
Profit
€70,448
Turnover not published (abbreviated format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 74 days overdue
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 29-10-2025)1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 latelowers riskFounded in 2006Size: total assets €842,976Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 65% of its sector peers (NACE 47, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 56+6
equity 30.6% of total assets
Liquidity 59+3
short-term debt 15.3% · cash 9.6%
Profitability 79+4
return on assets 8.4%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,192 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 0.4%▼ -1.1 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged 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: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 1.4%▲ +0.3 percentage points vs 09-2026
Credit of up to €14,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.44, compared with 1.25 in 2023, below the usual 1.5; short-term debt: 15.3% and cash: 9.6% of total assets), and 69.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 46% on solvency, 65% on liquidity, 70% on profitability and 78% on growth.

The bankruptcy probability was computed on 12-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-10-2025)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €842,976
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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
85 days late
2023
66 days late
2022
67 days late
2021
75 days late
2020
90 days late
2019
89 days 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 79 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 2024 · abbreviated…
  2. Highest result from 2018 to 2024net €70,448 ▲75.3%
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €70,448 7 years View
  • Positive: Equity rose in 2024from €201,423 to €257,585 ▲ 27.9% View

By topic

Financials

Financial year
2024
Total assets
€842,976
Profit
€70,448
Solvency
30.6%
Total assets▲ 3.0%
Net result
20182024
Go to Financials

Timeline

Events
21
Since
2009
  1. 31-12-2023Equity above €200,000
  2. 06-10-2023Annual accounts filed
  3. 14-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
29-12-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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