Equity
GARAGE MEEUSEN has made a profit in every financial year since 2006.
GARAGE MEEUSEN has made a profit in every financial year since 2006.
The result fell in 2025 from €2.5m to €1.2m.
Green is investment, beige is depreciation.
In 2025, 7 people joined and 4 left. On top of that, 0.9 agency workers worked there on average.
The last five annual accounts were filed 11 to 42 days before the end of the period.
Higher net result than 95% of companies in retail trade. Sector median €39,909 · 5,056 companies.
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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, small). It does better than 74% of them on solvency, 49% on liquidity, 44% on profitability and 70% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as GARAGE MEEUSEN has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of GARAGE MEEUSEN itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for GARAGE MEEUSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.03 (1.96 in 2024), above the usual 1.5. Short-term debt is 35.9% and cash 7.2% of total assets. 48.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| GARAGE MEEUSEN Kalmthout | €49.9m | 3.5% | 51.9% | 35.7 |
| Sneyers Herentals | €69.5m | 3.0% | 9.9% | 33.6 |
| PASHUYSEN Aarschot | €58.2m | -0.6% | 16.5% | 38.5 |
| TOP MOTORS ROESELARE Roeselare | €61.4m | 3.2% | 13.4% | 40.9 |
| ACG JLR Merelbeke-Melle | €55.7m | 4.4% | 26.8% | 35.6 |
| DE SCHEPPER Sint-Niklaas | €64.9m | 2.4% | 44.5% | 44.1 |
| O. COCQUYT Bruges | €63.5m | 5.7% | 41.5% | 42.8 |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GARAGE MEEUSEN: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €18m and €26m, founded between 1969 and 1982.
GARAGE MEEUSEN has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.2m and a net result of €1.2m.
Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 67% of 5,057 sector peers (NACE 47, financial year 2025).
The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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