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GARAGE PLUS

Active
Private limited companyfounded 2021active for 5 yearsGieterijstraat 106, 3600 Genk, Belgium17 active companies are registered at this addressKBO/BCE: BE 0774.534.409

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GARAGE PLUS has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry. The 2025 annual accounts show equity of €70,111 and a net result of €20,088. Equity has been growing by about 50% per year since 2022. Its solvency ranks better than 53% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

KBO
Status
Active since 24-09-2021 Normal situation
Legal form
Private limited company
Registered office
Gieterijstraat 106, 3600 Genk
Activity
Repair and fitting of specific motor vehicle parts NACE 95313and 5 others
Establishment unit
2.322.025.491 3600 Genk, since 01-10-2021
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board
  • El Gamous WalidDirector · since 23-09-2021

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Turnover
€296,069
▲ 33.5%
Profit
€20,088
▲ 2.0%
Equity
€70,111
▲ 40.2%
Total assets
€169,381
▲ 4.5%
2025 accounts filed 61 days after the deadline
Filed on 30-09-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateSize: turnover €296,069, total assets €169,381Founded in 2021lowers riskLiquidity: current ratio 1.48, cash €110,554Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 65% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 66+10
equity 41.4% of total assets
Liquidity 70+36
short-term debt 58.6% · cash 65.3%
Profitability 77-4
return on assets 11.9%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,130 companies, NACE 95, micro)
Last 24 months 11-2024: 7.4%highest value 12-2024: 4.3%▼ -3.1 percentage points vs 11-2024 01-2025: 4.4%▲ +0.1 percentage points vs 12-2024 02-2025: 2.8%▼ -1.6 percentage points vs 01-2025 03-2025: 3.0%▲ +0.2 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.5%▼ -0.5 percentage points vs 05-2025 07-2025: 2.5%● unchanged vs 06-2025 08-2025: 3.3%▲ +0.8 percentage points vs 07-2025 09-2025: 3.7%▲ +0.4 percentage points vs 08-2025 10-2025: 5.1%▲ +1.4 percentage points vs 09-2025 11-2025: 2.8%▼ -2.3 percentage points vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 3.1%▲ +0.3 percentage points vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.2%▲ +0.1 percentage points vs 04-2026 06-2026: 3.3%▲ +0.1 percentage points vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 4.0%▲ +0.7 percentage points vs 07-2026 09-2026: 4.4%▲ +0.4 percentage points vs 08-2026 10-2026: 1.1%▼ -3.3 percentage points vs 09-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (1.14 in 2024), below the usual 1.5. Short-term debt is 58.6% and cash 65.3% of total assets. 58.6% 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 95, micro). It does better than 52% of them on solvency, 71% on liquidity, 57% on profitability and 81% 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. 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

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.48, cash €110,554
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Size: turnover €296,069, total assets €169,381
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 4 filings
Deviation from the deadline
2025
61 days late
2024
83 days late
2023
113 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 72 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address strikeout annulled
Searched, nothing found (1)
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 11 October (3 of the last 4 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Positive: Turnover rose in 2025from €221,838 to €296,069 ▲ 33.5% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GARAGE PLUS

What is the company number of GARAGE PLUS?
The company number of GARAGE PLUS is 0774.534.409. The VAT number is the same number with BE in front: BE 0774.534.409.
Where is GARAGE PLUS based?
The registered office is at Gieterijstraat 106, 3600 Genk.Company details
What does GARAGE PLUS do?
According to the KBO register, the main activity is repair and fitting of specific motor vehicle parts (NACE 95313).
What is the legal form of GARAGE PLUS?
The legal form of GARAGE PLUS is Private limited company (BV).
When was GARAGE PLUS founded?
GARAGE PLUS was founded on 24-09-2021.
Is GARAGE PLUS still active?
Yes, GARAGE PLUS is an active enterprise in the KBO register.
What is the turnover of GARAGE PLUS?
The turnover of GARAGE PLUS was €296,069 in financial year 2025, according to the filed annual accounts.Financials
Is GARAGE PLUS profitable?
In financial year 2025, GARAGE PLUS made a profit of €20,088.
Where can I find the annual accounts of GARAGE PLUS?
GARAGE PLUS filed 4 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 PLUS due?
GARAGE PLUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as GARAGE PLUS: repair and fitting of specific motor vehicle parts (NACE 95313). They are comparable in size and age: total assets between €97,600 and €296,000, founded between 2018 and 2022.

CompanyTotal assetsGross margin
GARAGE PLUS Genk€169,381€35,006
Z13 Hasselt€257,007€31,831
R&R AUTOBEKLEDING Tongeren-Borgloon€161,399€28,750
CLEANING FAP GROUP Asse€121,121€27,061
Vliegen Kenneth Zutendaal€97,638€25,584
Landcruiser Restoration Company Bree€295,751€30,811
Féno bestelwageninrichtingen Bilzen€124,947€31,077
Full comparison

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