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GARAGE PATRICK PETIT & ZN

Active
Private limited companyfounded 2015active for 11 yearsProvinciebaan 69, 9620 Zottegem, BelgiumKBO/BCE: BE 0507.968.016
Summary

GARAGE PATRICK PETIT & ZN has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €496,976. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 88% of 12,678 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
GARAGE PATRICK PETIT & ZNActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
8th largest company by equity in Zottegem, Wholesale and retail trade sector1 site
Size
€3.7mtotal assets 2025
Staff
1.8 FTE
Equity
€2.9m
Profit
€496,976
Turnover not published (abbreviated format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
  • PETIT KimDirector
  • PETIT PatrickDirector
2025 accounts 29 days early1 of 3 deeds summarised
Why 98lowers riskLiquidity: current ratio 5.75, cash €886,820Figures for financial year 2025 (filed 02-07-2026)Size: 1.8 FTE, total assets €3.7mFounded in 2015Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 82% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 77.7% of total assets
Liquidity 77-1
short-term debt 14.2% · cash 24.0%
Profitability 86-4
return on assets 13.4%
Bankruptcy probability, 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% (40,246 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.3 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 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.75, compared with 8.13 in 2024, above the usual 1.5; short-term debt: 14.2% and cash: 24% of total assets), and 22.3% 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 92% on solvency, 82% on liquidity, 80% on profitability and 73% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.75, cash €886,820
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 02-07-2026)
NBB · annual accounts
lowers risk · Size: 1.8 FTE, total assets €3.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
30 days early
2023
37 days early
2022
31 days early
2021
32 days early
2020
24 days early
2019
30 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 30 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 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 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2018 to 2025net €522,393 ▲24.3%

Key points

  • Positive: Among the best 5% on net resultsector median €27,728 · 12,668 companies €496,976 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €496,976 8 years View

By topic

Financials

Financial year
2025
Total assets
€3.7m
Profit
€496,976
Solvency
77.7%
Total assets▲ 22.4%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €2m
  2. 24-06-2024Annual accounts filed
  3. 13-07-2023Resignations: PETIT Patrick (manager) and PETIT Kim…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
06-01-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
First Saturday of June at 10:00
Purpose
“De groot- en kleinhandel in nieuwe en tweedehandse motorvoertuigen,onderdelen en…” (deed in Dutch)
Go to Articles of association

Key facts about GARAGE PATRICK PETIT & ZN

What is the company number of GARAGE PATRICK PETIT & ZN?
0507.968.016. In Belgium the VAT number is the company number with BE in front: BE 0507.968.016.
Where is GARAGE PATRICK PETIT & ZN based?
The registered office is at Provinciebaan 69, 9620 Zottegem.Company details
What does GARAGE PATRICK PETIT & ZN 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 PATRICK PETIT & ZN?
Private limited company (BV).
When was GARAGE PATRICK PETIT & ZN founded?
On 06-01-2015.
Is GARAGE PATRICK PETIT & ZN still active?
Yes, GARAGE PATRICK PETIT & ZN is an active enterprise in the KBO register.
How many employees does GARAGE PATRICK PETIT & ZN have?
On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE PATRICK PETIT & ZN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GARAGE PATRICK PETIT & ZN profitable?
In financial year 2025, GARAGE PATRICK PETIT & ZN made a profit of €496,976.
Where can I find the annual accounts of GARAGE PATRICK PETIT & ZN?
GARAGE PATRICK PETIT & ZN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE PATRICK PETIT & ZN due?
By 31-07-2027, for financial year 2026.Timeline

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