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GARAGE NOORD

Active
Private limited companyfounded 2013active for 13 yearsHinnenboomstraat 1, 2320 Hoogstraten, Belgium17 active companies are registered at this addressKBO/BCE: BE 0541.424.009

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GARAGE NOORD has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150,000 and a net result of €76,351. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 24% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
GARAGE NOORDActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 25-10-2013 Normal situation
Legal form
Private limited company
Registered office
Hinnenboomstraat 1, 2320 Hoogstraten
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
Establishment unit
2.223.724.703 2320 Hoogstraten, since 25-10-2013
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Who decides

Board
Board & ownership

How it is doing

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€124,759
▲ 619%
Turnover
≈ €720,000
estimated
Profit
€76,351
Equity
€150,000
▼ 27.7%
Total assets
€1.1m
▲ 0.9%
Staff
0.9 FTE
▲ 50.0%
2025 accounts filed 10 days late
Filed on 10-02-2026PDF
Financials
Why 85raises riskEquity €150,000 (13.1% of total assets)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 3.36, cash €193,664Founded in 2013Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 38-5
equity 13.1% of total assets
Liquidity 59-6
short-term debt 29.7% · cash 16.9%
Profitability 54+19
return on assets 6.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.2 percentage points vs 01-2025 03-2025: 0.8%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 0.2%▼ -0.6 percentage points vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.2 percentage points vs 01-2026 03-2026: 0.2%▼ -0.4 percentage points vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.36, compared with 4.27 in 2024, above the usual 1.5; short-term debt: 29.7% and cash: 16.9% of total assets), but 86.9% of the assets are financed with debt and provisions.
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 47, micro): better than 29% on solvency, 65% on liquidity, 39% on profitability and 17% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Equity €150,000 (13.1% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 3.36, cash €193,664
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
10 days late
2024
27 days late
2023
27 days early
2022
19 days early
2021
5 days early
2020
4 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Back in profit in 2025after -€12,320 in 2024 €76,351 View

Documents

Annual accounts at the NBB

All 11 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GARAGE NOORD

What is the company number of GARAGE NOORD?
0541.424.009. In Belgium the VAT number is the company number with BE in front: BE 0541.424.009.
Where is GARAGE NOORD based?
The registered office is at Hinnenboomstraat 1, 2320 Hoogstraten.Company details
What does GARAGE NOORD 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 NOORD?
Private limited company (BV).
When was GARAGE NOORD founded?
On 25-10-2013.
Is GARAGE NOORD still active?
Yes, GARAGE NOORD is an active enterprise in the KBO register.
How many employees does GARAGE NOORD have?
On average 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE NOORD?
≈ €720,000 in financial year 2025. Estimated from the gross margin of €124,759: probably between €440,000 and €1.7m, based on 37 comparable companies, NACE 47811.
Is GARAGE NOORD profitable?
In financial year 2025, GARAGE NOORD made a profit of €76,351.
Where can I find the annual accounts of GARAGE NOORD?
GARAGE NOORD filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of GARAGE NOORD due?
By 31-01-2027, for financial year 2026.Timeline

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