Equity
€12.2m ▲ 10.8%
GARAGE MEEUSEN has made a profit in every financial year since 2006.
GARAGE MEEUSEN
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977Gross marginpeak €3.0m (2016)
-not published
Resultpeak €2.5m (2024)
€1.2m▼ 51.6%
Equitypeak €12.2m (2025)
€12.2m▲ 10.8%
Debts
€11.3m▲ 13.7%
Staffpeak 35.7 FTE (2025)
35.7 FTE▲ 9.5%
Board3 names since 2021
2 directorsEveline Van Gool and 1 other
Owners2 names in the annual accounts
32%P&E INVEST
Documentsfilings and deeds
20-07-202611 days before the deadline
2025financial year
Result from €2.5m to €1.2mStaff from 32.6 FTE to 35.7 FTENew managing director 18-04Cash from €1.2m to €1.7m
Key points
from the 2025 annual accountsResult
€1.2m ▼ 51.6%
The result fell in 2025 from €2.5m to €1.2m.
Investments
€1,821 0.0 × depreciation
Green is investment, beige is depreciation.
Staff
36 employees on 31-12-2025
In 2025, 7 people joined and 4 left. On top of that, 0.9 agency workers worked there on average.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 11 to 42 days before the end of the period.
Position in the sector
€1.2m
Higher net result than 95% of companies in retail trade. Sector median €39,909 · 5,056 companies.
Checked score
95
Excellent
Financially stronger than 59% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Size: turnover €49.9m, 35.7 FTE, total assets €23.6m
Founded in 1976
Profit of €1.2m (financial year 2025)
Calculation
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as GARAGE MEEUSEN has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of GARAGE MEEUSEN itself: 0.1% within 12 months.
Test of the method
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.
Credit verdict
Credit of up to €1,150,000 on 30-day terms is acceptable
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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
23 days early
2023
27 days early
2022
42 days early
2021
31 days early
2020
33 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FULL OPTIONS 68%equity €6.0m (2025) · 2025 annual accounts of FULL OPTIONS
- P&E INVEST 32%score 96equity €9.9m (2025) · 2025 annual accounts of P&E INVEST
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0415675385
New managing director
Stijn Meeusen appointed, Pierre Meeusen resigned · General meeting of 15-01-2025 · Gazette deed
Amendment of the articles
General meeting of 06-12-2023 · Gazette deed
3 directors reappointed
Pierre Meeusen (managing director), Eveline Van Gool and Stijn Meeusen · General meeting of 09-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| 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.
Official details
Source: KBO- Status
- Active since 13-01-1976Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 1 other
- Joint committees
- 112Garages
- 200Auxiliary committee for white-collar workers
- 149.02Coachwork · annual accounts 2025
- Establishment unit
- 2.011.811.3752920 Kalmthout, since 01-01-1976
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- Total assets
- €23.6m▲ 12.1%
- Employeeson 31-12-2025
- 36▲ 9.1%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Companies linked to GARAGE MEEUSEN
Parent and group
Insights on GARAGE MEEUSEN
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.
Key facts about GARAGE MEEUSEN
- What is the company number of GARAGE MEEUSEN?
- The company number of GARAGE MEEUSEN is 0415.675.385. The VAT number is the same number with BE in front: BE 0415.675.385.
- Where is GARAGE MEEUSEN based?
- The registered office is at Brasschaatsteenweg 318, 2920 Kalmthout.Company details
- What does GARAGE MEEUSEN do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of GARAGE MEEUSEN?
- GARAGE MEEUSEN is a public limited company (NV).
- When was GARAGE MEEUSEN founded?
- GARAGE MEEUSEN was founded on 13-01-1976.
- Is GARAGE MEEUSEN still active?
- Yes, GARAGE MEEUSEN is an active enterprise in the KBO register.
- How many employees does GARAGE MEEUSEN have?
- GARAGE MEEUSEN had an average of 35.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GARAGE MEEUSEN fall under?
- In its 2025 annual accounts, GARAGE MEEUSEN states joint committees 112 (Garages), 200 (Auxiliary committee for white-collar workers) and 149.02 (Coachwork).
- What is the turnover of GARAGE MEEUSEN?
- The turnover of GARAGE MEEUSEN was €49.9m in financial year 2025, according to the filed annual accounts.
- Is GARAGE MEEUSEN profitable?
- In financial year 2025, GARAGE MEEUSEN made a profit of €1.2m.
- Where can I find the annual accounts of GARAGE MEEUSEN?
- GARAGE MEEUSEN filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GARAGE MEEUSEN due?
- GARAGE MEEUSEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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