Garage Piret
ActiveFrom the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Garage Piret is 7.3% (elevated). The 2025 annual accounts show negative equity (-€246,363) and a net result of -€134,033. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 482 sector peers (NACE 95, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 31-03-1989 Normal situation
- Legal form
- Public limited company
- Registered office
- Avenue Auguste Mattagne 7, 1300 Wavre
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 2 others
- Establishment unit
- 2.043.635.590 1300 Wavre, since 07-06-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Who decides
Board
- D.P. GESTION ET MANAGEMENT SRLDirector · since 19-11-2021
Shareholders
How it is doing
- Bankruptcy probabilitywithin 12 months
- 7.3%
Annual accounts 2025
- Turnover
- €173,447
- ▼ 68.9%
- Loss
- €134,033
- ▲ 2.1%
- Equity
- -€246,363
- ▼ 119%
- Total assets
- €393,327
- ▼ 57.2%
2025 accounts 35 days early
Filed on 26-06-2026at the National Bank
Why 32raises risk2 changes of registered office in 24 monthsNegative equity -€246,363Loss of €134,033, the second in a row (financial year 2025)lowers riskSize: turnover €173,447, total assets €393,327Show the evidence
Checked score
Score 2025
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 10% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Weak
Solvency
0-13
equity -62.6% of total assets
Liquidity
12+9
short-term debt 159.6% · cash 9.9%
Profitability
38+3
return on assets -34.1%
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.3%lowest value
12-2024: 4.3%● unchanged vs 11-2024lowest value
01-2025: 4.3%● unchanged vs 12-2024lowest value
02-2025: 4.5%▲ +0.2 percentage points vs 01-2025
03-2025: 4.4%▼ -0.1 percentage points vs 02-2025
04-2025: 4.5%▲ +0.1 percentage points vs 03-2025
05-2025: 4.5%● unchanged vs 04-2025
06-2025: 4.5%● unchanged vs 05-2025
07-2025: 4.6%▲ +0.1 percentage points vs 06-2025
08-2025: 11.5%▲ +6.9 percentage points vs 07-2025
09-2025: 11.5%● unchanged vs 08-2025
10-2025: 11.5%● unchanged vs 09-2025
11-2025: 11.5%● unchanged vs 10-2025
12-2025: 11.5%● unchanged vs 11-2025
01-2026: 11.5%● unchanged vs 12-2025
02-2026: 11.5%● unchanged vs 01-2026
03-2026: 11.9%▲ +0.4 percentage points vs 02-2026
04-2026: 12.1%▲ +0.2 percentage points vs 03-2026
05-2026: 12.1%● unchanged vs 04-2026
06-2026: 12.0%▼ -0.1 percentage points vs 05-2026
07-2026: 12.3%▲ +0.3 percentage points vs 06-2026
08-2026: 11.7%▼ -0.6 percentage points vs 07-2026
09-2026: 12.4%▲ +0.7 percentage points vs 08-2026highest value
10-2026: 7.3%▼ -5.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.15, compared with 0.43 in 2024, below 1; short-term debt: 159.6% and cash: 9.9% of total assets), and equity is negative.
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 95, micro): better than 6% on solvency, 9% on liquidity, 22% on profitability and 3% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€246,363
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
3 days early
2023
55 days late
2022
9 days late
2021
13 days early
2020
34 days late
2019
52 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 14 days after the deadline; the sector median (NACE 95) 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 28 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€246,363 View
- Risk: 6 loss-making years in a rowloss financial year 2025 -€134,033 View
- Caution: Equity fell in 2025from -€112,330 to -€246,363 ▼ 119% View
- Caution: Among the weakest 5% on solvencysector median 41.8% · 482 companies -62.6% View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 26-06-2026
- Annual accounts 2024filed on 28-07-2025
- Annual accounts 2023filed on 24-09-2024
- Annual accounts 2022filed on 09-08-2023
Acts in the Belgian Official Gazette
- Registered officeact of 13-11-2025
- Registered officeact of 10-12-2024
- Registered officeact of 30-10-2024
- Registered officeact of 23-08-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Garage Piret
- What is the company number of Garage Piret?
- 0437.196.222. In Belgium the VAT number is the company number with BE in front: BE 0437.196.222.
- Where is Garage Piret based?
- The registered office is at Avenue Auguste Mattagne 7, 1300 Wavre.Company details
- What does Garage Piret do?
- According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
- What is the legal form of Garage Piret?
- Public limited company (NV).
- When was Garage Piret founded?
- On 31-03-1989.
- Is Garage Piret still active?
- Yes, Garage Piret is an active enterprise in the KBO register.
- How many employees does Garage Piret have?
- On average 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Garage Piret?
- €173,447 in financial year 2025, according to the filed annual accounts.
- Is Garage Piret profitable?
- In financial year 2025, Garage Piret made a loss of €134,033.
- Where can I find the annual accounts of Garage Piret?
- Garage Piret filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Garage Piret due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Garage Piret
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- AP WARGNIESWavre
- CARROSSERIE GONZALEZWavre
- CBO SERVICESWavre
- DEPANNAGE MASSET HERVEWavre
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