GARAGE PEETERS
ActiveSummary
The annual accounts of GARAGE PEETERS for financial year 2025 show a net loss of 93% of total assets and of 59% of the equity at the start of that year. The 2025 annual accounts show equity of €280,742 and a net result of -€397,499. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 75% of 349 sector peers (NACE 35, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Official details
Source: KBO- Status
- Active since 18-12-1990 Normal situation
- Activity
- Production of electricity from non-renewable sources NACE 35110
- Establishment unit
- 2.050.759.449 8630 Veurne, since 24-12-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- WINTERManaging director · permanent representative Winter Roelof
- Martine PeetersDirector · since 07-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- -€25,328
- ▼ 166%
- Loss
- €397,499
- ▲ 20×
- Equity
- €280,742
- ▼ 58.6%
- Total assets
- €427,754
- ▼ 55.3%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €397,499, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 3.28, cash €69,132, halvedFounded in 1990Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 35, micro). It does better than 68% of them on solvency, 54% on liquidity, 8% on profitability and 13% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€397,499 View
- Caution: Result fell in 2025from -€20,377 to -€397,499 ▼ 1,851% View
- Caution: Lower net result than 94% of companies in electricity, gas and steamsector median €18,982 · 349 companies -€397,499 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed Registered office moved from Veurne to Koksijde
- · Gazette deed Reappointments: Martine Peeters (director) and BV Winter (director)Permanent representative: Winter Roelof
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GARAGE PEETERS: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €159,000 and €871,000, founded between 1980 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| GARAGE PEETERS Koksijde | €427,754 | -€25,328 |
| MAES TOTAALPROJECTEN Genk | €369,948 | -€21,895 |
| MAES Genk | €399,954 | -€112,204 |
| HYDROLEC - DENIS Limbourg | €211,039 | -€11,220 |
| DL-TEC en PARTNERS Lille | €163,571 | -€10,789 |
| SÄGEWERK UND HOLZHANDEL GmbH Paul Pankert – Axel Thönnes Nachf. Eupen | €158,505 | -€4,158 |
| ALLONS EN VENT Beauraing | €871,064 | -€9,250 |
Key facts about GARAGE PEETERS
- What is the company number of GARAGE PEETERS?
- The company number of GARAGE PEETERS is 0442.718.490. The VAT number is the same number with BE in front: BE 0442.718.490.
- Where is GARAGE PEETERS based?
- The registered office is at C. Permekelaan(Kok) 42, 8670 Koksijde.Company details
- What does GARAGE PEETERS do?
- According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
- What is the legal form of GARAGE PEETERS?
- The legal form of GARAGE PEETERS is Public limited company (NV).
- When was GARAGE PEETERS founded?
- GARAGE PEETERS was founded on 18-12-1990.
- Is GARAGE PEETERS still active?
- Yes, GARAGE PEETERS is an active enterprise in the KBO register.
- How many employees does GARAGE PEETERS have?
- GARAGE PEETERS had an average of 1.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of GARAGE PEETERS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is GARAGE PEETERS profitable?
- In financial year 2025, GARAGE PEETERS made a loss of €397,499.
- Where can I find the annual accounts of GARAGE PEETERS?
- GARAGE PEETERS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GARAGE PEETERS due?
- GARAGE PEETERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.