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GARAGE PATRICK VAN TWEMBEKE

Active
Private limited companyfounded 1989active for 37 yearsGeraardsbergsestraat 93, 9660 Brakel, BelgiumKBO/BCE: BE 0437.375.275
Summary

GARAGE PATRICK VAN TWEMBEKE has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358,649 and a net result of €41,056. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 76% of 12,713 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311
6th oldest company in Brakel, Wholesale and retail trade sector1 site
Size
≈ €780,000turnover 2025, estimated
Staff
1.2 FTE
Equity
€358,649
Profit
€41,056
Turnover estimated from the gross margin
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts on time2 of 5 deeds summarised
Why 90raises riskSector: Retail trade (NACE 47)Liquidity: current ratio 2.49, cash €14,019lowers riskFounded in 1989Equity €358,649 (63.2% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 88-2
equity 63.2% of total assets
Liquidity 36-3
short-term debt 36.8% · cash 2.5%
Profitability 78+1
return on assets 7.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,263 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.5%▲ +0.2 percentage points vs 01-2025 03-2025: 0.8%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 0.8%● unchanged vs 03-2025highest value 05-2025: 0.8%● unchanged vs 04-2025highest value 06-2025: 0.8%● unchanged vs 05-2025highest value 07-2025: 0.8%● unchanged vs 06-2025highest value 08-2025: 0.8%● unchanged vs 07-2025highest value 09-2025: 0.3%▼ -0.5 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%▲ +0.3 percentage points vs 01-2026 03-2026: 0.2%▼ -0.6 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.49, compared with 2.93 in 2024, above the usual 1.5; short-term debt: 36.8% and cash: 2.5% of total assets), and 36.8% 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 75% on solvency, 34% on liquidity, 67% on profitability and 45% on growth.

The bankruptcy probability was computed on 29-10-2026 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 riskraises riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €358,649 (63.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.49, cash €14,019
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
3 days late
2023
on the day
2022
on the day
2021
15 days late
2020
11 days late
2019
28 days late
← 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 8 days after 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 31 January (5 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 end29-10-2026 today31-01-2027 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. Resignation: Kips Ashley (director)Gazette deed

Key points

  • Positive: 6th oldest company in Brakel, Wholesale and retail trade sectorin the Checked rankings No. 6 View
  • Active since 1989founded 02-05-1989 37 years View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€567,589
Profit
€41,056
Solvency
63.2%
Total assets▲ 5.5%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
  • KIPS Ashley Ilse HermanDirector
  • VAN TWEMBEKE Patrick GhilainDirector
Go to Board & ownership

Timeline

Events
40
Since
1991
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 28-08-2023Resignations: VAN TWEMBEKE Patrick Ghilain, VAN TWEMBEKE…
  3. 30-06-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
02-05-1989
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Annual meeting
First Friday of December at 10:00
Purpose
“De uitbating van een garage in de meest ruime betekenis van het woord en ondermeer; De…” (deed in Dutch)
Go to Articles of association

Key facts about GARAGE PATRICK VAN TWEMBEKE

What is the company number of GARAGE PATRICK VAN TWEMBEKE?
0437.375.275. In Belgium the VAT number is the company number with BE in front: BE 0437.375.275.
Where is GARAGE PATRICK VAN TWEMBEKE based?
The registered office is at Geraardsbergsestraat 93, 9660 Brakel.Company details
What does GARAGE PATRICK VAN TWEMBEKE 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 VAN TWEMBEKE?
Private limited company (BV).
When was GARAGE PATRICK VAN TWEMBEKE founded?
On 02-05-1989.
Is GARAGE PATRICK VAN TWEMBEKE still active?
Yes, GARAGE PATRICK VAN TWEMBEKE is an active enterprise in the KBO register.
How many employees does GARAGE PATRICK VAN TWEMBEKE have?
On average 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE PATRICK VAN TWEMBEKE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GARAGE PATRICK VAN TWEMBEKE profitable?
In financial year 2025, GARAGE PATRICK VAN TWEMBEKE made a profit of €41,056.
Where can I find the annual accounts of GARAGE PATRICK VAN TWEMBEKE?
GARAGE PATRICK VAN TWEMBEKE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE PATRICK VAN TWEMBEKE due?
By 31-01-2027, for financial year 2026.Timeline

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