Garage Meeus
ActiveSummary
Garage Meeus has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319k and a net result of €-15k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-62
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 15.32 against 6.19 in 2024; short-term debt: 4.9% and cash: 14% of total assets), and 7.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
61 d late
2023
61 d early
2022
7 d late
2021
32 d early
2020
5 d early
2019
3 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€319k▼ 19.9%
2024 · €399k
2018: €600k
2019: €653k
2020: €687k
2021: €675k
2022: €451k
2023: €307k
2024: €399k
2018 → 2025
Total assets
€346k▼ 26.5%
2024 · €470k
2018: €1.53M
2019: €1.43M
2020: €1.70M
2021: €1.20M
2022: €728k
2023: €726k
2024: €470k
2018 → 2025
Net result
€-15k
2024 · €96k
2018: €21k
2019: €83k
2020: €34k
2021: €-12k
2022: €-224k
2023: €-37k
2024: €96k
2018 → 2025
Working capital
€243k▼ 24.3%
2024 · €320k
2018: €587k
2019: €644k
2020: €681k
2021: €677k
2022: €477k
2023: €325k
2024: €320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€675k-€451k▼ 33.2%€307k▼ 32.0%€399k▲ 30.0%€319k▼ 19.9%
Operating result€22k-€-205k€-43k▲ 78.8%€82k€-27k
Net result€-12k-€-224k▼ 1,740%€-37k▲ 83.3%€96k€-15k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €82k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346k
Fixed assets
€86k ▼ 2.2%
Current assets
€260k ▼ 32.1%
Equity and liabilities €346k
Equity
€319k ▼ 19.9%
Provisions
€9k ▼ 5.1%
Debt
€17k ▼ 72.6%
Debt's share of the balance-sheet total falls from 13.1% to 4.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
15.32▲
2024 · 6.19
Quick ratio
13.13▲
2024 · 5.59
Debt to equity
0.05▼
2024 · 0.15
ROE
-4.8%▼
2024 · 24.2%
ROA
-4.4%▼
2024 · 20.5%
Debt ≤ 1 year
€17k▼
2024 · €62k
Income taxes
€0▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€470k€346k▼
Fixed assets21/28€88k€86k▼
Tangible fixed assets22/27€86k€86k=
Land and buildings22€78k€78k=
Plant, machinery and equipment23€8k€8k=
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Financial fixed assets28€2k€0▼
Current assets29/58€382k€260k▼
Stocks and contracts in progress3€37k€37k=
Stocks30/36€37k€37k=
Amounts receivable within one year40/41€302k€174k▼
Trade receivables40€20k€9k▼
Other amounts receivable41€282k€165k▼
Cash at bank and in hand54/58€43k€48k▲
Deferred charges and accrued income490/1€429€0▼
Equity and liabilities
Total equity and liabilities10/49€470k€346k▼
Equity10/15€399k€319k▼
Contributions10/11€200k€146k▼
Reserves13€199k€177k▼
Non-distributable reserves130/1€20k€0▼
Reserves not available under the articles1311€20k€0▼
Tax-exempt reserves132€46k€44k▼
Distributable reserves133€133k€133k=
Profit (loss) carried forward14€0€-4k▼
Provisions and deferred taxes16€10k€9k▼
Deferred taxes168€10k€9k▼
Amounts payable17/49€62k€17k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€62k€17k▼
Trade debts44€3k€430▼
Suppliers440/4€3k€430▼
Taxes, remuneration and social security45€14k€14k=
Taxes450/3€14k€14k=
Other amounts payable47/48€45k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€91k€0▼
Remuneration, social security and pensions62€0-
Other operating charges640/8€8k€13k▲
Gross operating margin9900€91k€-15k▼
Operating profit (loss)9901€82k€-27k▼
Financial income75/76B€17k€12k▼
Recurring financial income75€17k€12k▼
Financial charges65/66B€2k€150▼
Recurring financial charges65€2k€150▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€98k€-16k▼
Transfer from deferred taxes780€12k€504▼
Income taxes67/77€13k€0▼
Profit (loss) for the period9904€96k€-15k▼
Transfer from tax-exempt reserves789€36k€2k▼
Profit (loss) for the period to be appropriated9905€133k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€133k€-14k▼
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€133k€0▼
To other reserves6921€133k€0▼
Profit to be distributed694/7€0€10k▲
Return on contributions (dividend)694€0€10k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 15.32
Current ratio from 6.19 to 15.32; short-term debt falls from €62k to €17k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €96k
Net result €96k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 6.19
Current ratio from 2.71 to 6.19; short-term debt falls from €190k to €62k.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €-224k
Net result drops to €-224k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 13.38
Current ratio from 3.36 to 13.38; short-term debt falls from €287k to €39k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
Show earlier events
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 1967
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.
Pastoor Boelstraat 149140 TemseGround area
535 m²
Building footprint
350 m²
Volume, LiDAR
1,348 m³
Parcel 46302D0161/02G003, Flanders · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GARAGE MEEUS BVBA
since 19672.000.122.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D0161/02G003 | Flanders | 535 m² | 1 · 350 m² | 4.7 m · 1 fl. |
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
B.J.P. INVEST
BE 0423.814.675
Gent · Eq €319,441
IMMO DDO
BE 0827.477.306
Heusden-Zolder · Eq €319,470
AUTO PIECES DUBAIL
BE 0739.987.066
Fernelmont · Eq €319,011
Garage Valentin
BE 0424.904.738
Florennes · Eq €319,008
Garage VANDERHAEGEN Régis
BE 0656.936.359
Tournai · Eq €319,713
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.