GARAGE OTTA
The computed 12-month bankruptcy probability of GARAGE OTTA is 1.7% (moderate). The 2024 annual accounts show negative equity (€-11k) and a net result of €3k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 112 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Net result | €3k |
| Better than sector | 5% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -45.7% | 35.5% | |
| Net result | €3k | €58k | |
| Equity | €-11k | €174k | |
| Gross operating margin | €12k | €349k | |
| Total assets | €24k | €808k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €6k |
| Net profit | €3k |
| Cash flow | €5k |
| Staff costs | - |
| Income taxes | €385 |
| Dividends | - |
| Total assets | €24k |
| Equity | €-11k |
| Debt | €35k |
| of which ≤ 1y | €35k |
| of which > 1y | - |
| Working capital | €-20k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.44 |
| Quick ratio | 0.26 |
| Working capital ratio | -81.9% |
| Solvency | -45.7% |
| Debt / equity | -3.19 |
| Long-term debt ratio | - |
| Interest coverage | 7.12 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.9% |
| ROE | -30.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €24k |
| Fixed assets | 21/28 | €9k |
| Intangible fixed assets | 21 | €399 |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €15k |
| Stocks & contracts in progress | 3 | €6k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €24k |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-14k |
| Amounts payable | 17/49 | €35k |
| Amounts payable within one year | 42/48 | €35k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €12k |
| Operating result | 9901 | €5k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €827 |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €385 |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
-
Current31-12-2025 → present
Former directors (3)
-
Former30-06-2024 → 31-12-2025
2 events
- 31-12-2025 Resigned· Director
- 30-06-2024 Appointed· Director
-
Former- → 18-11-2025
-
Former- → 18-11-2025
| NACE primary | Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)(95311) |
| Legal form | Private limited company(610) |
| Incorporation | 22-06-2021 |
| Status | Active |
| Postal code | 1831 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0385/00M032 | Flanders | 1.4 ha | 1 · 7,220 m² | 8.3 m · 2 fl. |
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-03-2026 General meeting · Officer resignation · Officer appointment · Share transfer
- Publication: 19/03/2026
- Filing: 12/03/2026
- General meeting: 31/12/2025
- Officer resignation: role: bestuurder, end_date: 2025-12-31 · Ghelimi Hamada Mohamed
- Officer appointment: role: bestuurder, start_date: 2025-12-31 · Zouhair Fathallah
- Share transfer: count: 100% · Ghelimi Hamada Mohamed
Technical details
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}18-11-2025 1 director appointed, 2 resigning
- Ghelimi Hamada Mohamed, Bestuurder
- Kbir Bounekoub Hautman, Bestuurder
- Kbir Bounekoub Taoufik, Bestuurder
Technical details
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}24-06-2021 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GARAGE OTTA |