GARAGE MARCHAL
GARAGE MARCHAL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-120k) and a net result of €-139k. Equity is shrinking by ~167.5% per year across the filed fiscal years. Its solvency ranks better than 8% of 6591 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €-120k |
| Net result | €-139k |
| Staff (FTE) | 4.9 |
| Better than sector | 8% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -23.7% | 32.5% | |
| Net result | €-139k | €32k | |
| Equity | €-120k | €299k | |
| Gross operating margin | €172k | €265k | |
| Staff costs | €235k | €239k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | - | - | - |
| EBITDA | €-44k | €54k | €385k |
| Net profit | €-139k | €-32k | €308k |
| Cash flow | €-65k | €34k | €369k |
| Staff costs | €235k | €331k | €370k |
| Income taxes | €469 | €406 | €500 |
| Dividends | - | - | - |
| Total assets | €505k | €662k | €481k |
| Equity | €-120k | €19k | €51k |
| Debt | €624k | €643k | €430k |
| of which ≤ 1y | €137k | €154k | €301k |
| of which > 1y | €465k | €477k | €129k |
| Working capital | €93k | €159k | €10k |
| Employees (FTE) | 4.9 | 6.6 | 7.7 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.68 | 2.03 | 1.03 |
| Quick ratio | 1.45 | 1.76 | 0.85 |
| Working capital ratio | 18.4% | 24.0% | 2.0% |
| Solvency | -23.7% | 2.9% | 10.6% |
| Debt / equity | -5.22 | 33.25 | 8.45 |
| Long-term debt ratio | -3.88 | 24.68 | 2.54 |
| Interest coverage | -1.65 | 2.69 | 34.77 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -27.5% | -4.8% | 63.9% |
| ROE | 116.2% | -163.3% | 604.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €505k | €662k | €481k |
| Fixed assets | 21/28 | €265k | €332k | €145k |
| Formation expenses | 20 | €10k | €18k | €25k |
| Intangible fixed assets | 21 | €150k | €178k | - |
| Tangible fixed assets | 22/27 | €115k | €153k | €145k |
| Current assets | 29/58 | €230k | €313k | €311k |
| Stocks & contracts in progress | 3 | €32k | €43k | €54k |
| Amounts receivable within one year | 40/41 | €61k | €185k | €204k |
| Cash & bank | 54/58 | €136k | €79k | €48k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €505k | €662k | €481k |
| Equity | 10/15 | €-120k | €19k | €51k |
| Contributions / capital | 10/11 | €67k | €67k | €67k |
| Reserves | 13 | €20k | €20k | €20k |
| Accumulated profits (losses) | 14 | €-206k | €-67k | €-36k |
| Amounts payable | 17/49 | €624k | €643k | €430k |
| Amounts payable after one year | 17 | €465k | €477k | €129k |
| Amounts payable within one year | 42/48 | €137k | €154k | €301k |
| Trade debts payable within one year | 44 | €83k | €58k | €39k |
| Income statement | ||||
| Gross operating margin | 9900 | €172k | €412k | €788k |
| Operating result | 9901 | €-118k | €-11k | €323k |
| Financial income | 75 | €7k | €668 | €88 |
| Financial charges | 65 | €27k | €20k | €11k |
| Result before taxes | 9903 | €-138k | €-31k | €308k |
| Income taxes | 67/77 | €469 | €406 | €500 |
| Net result for the period | 9904 | €-139k | €-32k | €308k |
| Result to be appropriated | 9905 | €-139k | €-32k | €308k |
| NACE primary | Retail sale of cars and light vans (up to 3.5 tonnes)(47811) |
| Legal form | Public limited company(014) |
| Incorporation | 22-04-1989 |
| Status | Active |
| Postal code | 5100 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0011/00M003 | Wallonia | 3.1 ha | 1 · 1.3 ha | 13.2 m · 3 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-03-2025 Registered office moved to Namur
- Rue des Pieds d'Alouette 39 à 5100 Namur (Naninne)
Technical details
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"country": "BE",
"postcode": "5100",
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"street_number": "39",
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"effective_date": "2025-03-12",
"evidence_quote": "1.Transfert du si\u00E8ge social \u00E0 dater de ce jour \u00E0 :\nLe si\u00E8ge social de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 \u00E0 l\u0027adresse suivante:",
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"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-02-17",
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"org_rep_person_name": "Philippe Steveny",
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"co_filed_documents": [
"Copie \u00E0 publier aux annexes au Moniteur belge apr\u00E8s d\u00E9p\u00F4t de l\u0027acte au greffe"
]
}13-02-2023 Pierre SOHET appointed as statutory auditor
- Pierre SOHET, Commissaris
Technical details
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"copie certifi\u00E9e conforme du Proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 16 d\u00E9cembre 2022"
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}| Legal nameFR | GARAGE MARCHAL |