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Garage P & P

Active
Private limited companyfounded 1999active for 27 yearsAarschotbaan 41, 2580 Putte, BelgiumKBO/BCE: BE 0465.847.943
Summary

Garage P & P has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240,266 and a net result of €34,555. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 89% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-04-1999 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Joint committee
112 Paritair Comité voor het garagebedrijf · annual accounts 2024
Establishment unit
2.090.992.178 2580 Putte, since 10-05-1999
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board
Shareholders
  • PAUL VAN DESSELannual accounts 2017
  • CECILIA BUSSCHOTSannual accounts 2017

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€166,531
▲ 29.3%
Turnover
≈ €870,000
estimated
Profit
€34,555
▼ 25.8%
Equity
€240,266
▲ 16.8%
Total assets
€293,981
▲ 13.8%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 12 days after the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 4.50, cash €183,015Equity €240,266 (81.7% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 81.7% of total assets
Liquidity 95+1
short-term debt 17.6% · cash 62.3%
Profitability 83-8
return on assets 11.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,281 companies, NACE 47, micro)
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: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged 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 03-2026 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%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.5 (4.11 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 62.3% of total assets. 18.3% of the assets are financed with debt and provisions.
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, micro). It does better than 92% of them on solvency, 94% on liquidity, 77% on profitability and 69% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.50, cash €183,015
NBB · annual accounts
lowers risk · Equity €240,266 (81.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 days late
2024
1 day early
2023
6 days late
2022
12 days early
2021
5 days early
2020
2 days early
2019
14 days early
← 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 2 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 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 89% of companies in retail tradesector median 33.2% · 22,774 companies 81.7% View

Recent changes

  1. · Gazette deed Resignation: Van heugten Jonas (manager)Reappointment: Van heugten Jonas (director)
  2. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as Garage P & P: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €259,000 and €351,000, founded between 1998 and 2000.

CompanyTotal assetsGross margin
Garage P & P Putte€293,981€166,531
GARAGE-SINONQUEL Sint-Katelijne-Waver€351,100€211,686
AUTO'S PASCAL Diest€288,464€162,709
GARAGE TOBY Sint-Lambrechts-Woluwe€259,439€163,607
GARAGE MONTEYNE Lo-Reninge€317,990€199,987
GARAGE MEULEMANS Begijnendijk€267,902€208,037
GARAGE SILVANO Genk€315,835€131,862
Full comparison

Key facts about Garage P & P

What is the company number of Garage P & P?
The company number of Garage P & P is 0465.847.943. The VAT number is the same number with BE in front: BE 0465.847.943.
Where is Garage P & P based?
The registered office is at Aarschotbaan 41, 2580 Putte.Company details
What does Garage P & P 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 P & P?
The legal form of Garage P & P is Private limited company (BV).
When was Garage P & P founded?
Garage P & P was founded on 15-04-1999.
Is Garage P & P still active?
Yes, Garage P & P is an active enterprise in the KBO register.
How many employees does Garage P & P have?
Garage P & P had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Garage P & P fall under?
In its 2024 annual accounts, Garage P & P states joint committee 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of Garage P & P?
The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €166,531 and 38 comparable companies (NACE 47811). It probably lies between €580,000 and €2.2m.
Is Garage P & P profitable?
In financial year 2025, Garage P & P made a profit of €34,555.
Where can I find the annual accounts of Garage P & P?
Garage P & P filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Garage P & P due?
Garage P & P must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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