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Garage Lillo

Active
Private limited companyfounded 20215 years activeLillo Steenweg 75, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0768.523.773
Summary

The computed 12-month bankruptcy probability of Garage Lillo is 2.5% (moderate). The 2025 annual accounts show equity of €87,259 and a net result of €24,557. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 45% of 1,249 sector peers (NACE 95, fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
€226,136total assets 2025
Equity
€87,259
Profit
€24,557
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy probability, 12 months
2.5%
Structure
Accounts filed 20 days late0 of 4 deeds read
Why 52- Latest accounts 20 days late; 2 of the last 3 late- Founded in 2021- Size: total assets €226,136- Sector Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Average
Solvency 64-14
equity 38.6% of total assets
Liquidity 29-48
short-term debt 49.9% · cash 3.5%
Profitability 82+6
return on assets 10.9%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,111 companies)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.6%▼ -0.3 percentage points vs 12-2024 02-2025: 1.5%▼ -0.1 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.6%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 2.2%▲ +0.6 percentage points vs 07-2025 09-2025: 2.4%▲ +0.2 percentage points vs 08-2025 10-2025: 0.7%▼ -1.7 percentage points vs 09-2025lowest value 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 2.5%▲ +1.4 percentage points vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.62 in 2024; short-term debt: 49.9% and cash: 3.5% of total assets), but 61.4% of the assets are financed with debt.
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 95, micro): better than 49% on solvency, 21% on liquidity, 68% on profitability and 67% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
+raises risk○neutral
raises risk · Latest accounts 20 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €226,136
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
20 days late
2024
31 days late
2023
31 days late
2022
31 days late
2021
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 38 days after 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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Total assets 20255 fiscal years filed €226,136 View
  • Active since 2021founded 19-05-2021 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€226,136
Profit
€24,557
Solvency
38.6%
Total assets▲ 63.0%
Net result
20212025
Go to Financials

Timeline

Events
8
Since
2022
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result since 2021
  2. 31-12-2023Liquidity triples
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
19-05-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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