GARAGE SANTO
ActiveSummary
GARAGE SANTO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507k and a net result of €131k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 9.17 against 5.67 in 2024; short-term debt: 9.6% and cash: 31.7% of total assets), and 9.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.3%
Return on assets
23.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 filingsDeviation from the deadline
2025
29 d early
2024
9 d early
2023
13 d early
2022
32 d late
2021
4 d early
2020
26 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.72M
EBIT margin
0.8%
Net result
€131k▲ 58.0%
2024 · €83k
2018: €-58
2019: €-2k
2020: €25k
2021: €51k
2022: €45k
2023: €77k
2024: €83k
2018 → 2025
Working capital
€440k▲ 32.9%
2024 · €331k
2018: €112k
2019: €121k
2020: €125k
2021: €161k
2022: €203k
2023: €283k
2024: €331k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€176k-€216k▲ 22.4%€292k▲ 35.5%€375k▲ 28.5%€507k▲ 35.0%
Operating result€68k-€62k▼ 8.6%€108k▲ 74.5%€119k▲ 10.2%€179k▲ 50.6%
Net result€51k-€45k▼ 11.7%€77k▲ 68.7%€83k▲ 8.5%€131k▲ 58.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 51% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €561k
Fixed assets
€67k ▲ 51.9%
Current assets
€494k ▲ 22.8%
Equity and liabilities €561k
Equity
€507k ▲ 35.0%
Debt
€54k ▼ 23.6%
Debt's share of the balance-sheet total falls from 15.9% to 9.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€188k▲
2024 · €124k
Cash flow
€141k▲
2024 · €89k
Current ratio
9.17▲
2024 · 5.67
Quick ratio
4.02▲
2024 · 2.49
Debt to equity
0.11▼
2024 · 0.19
ROE
25.9%▲
2024 · 22.2%
ROA
23.4%▲
2024 · 18.6%
Interest coverage
68.36▲
2024 · 27.28
Debt ≤ 1 year
€54k▼
2024 · €71k
Income taxes
€45k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€446k€561k▲
Fixed assets21/28€44k€67k▲
Tangible fixed assets22/27€44k€67k▲
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€38k€58k▲
Financial fixed assets28€186€186=
Current assets29/58€402k€494k▲
Stocks and contracts in progress3€226k€278k▲
Stocks30/36€226k€278k▲
Amounts receivable within one year40/41€46k€32k▼
Trade receivables40€39k€25k▼
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€126k€178k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€446k€561k▲
Equity10/15€375k€507k▲
Contributions10/11€20k€20k=
Reserves13€354k€485k▲
Distributable reserves133€354k€485k▲
Profit (loss) carried forward14€980€1k▲
Amounts payable17/49€71k€54k▼
Amounts payable within one year42/48€71k€54k▼
Current portion of amounts payable after more than one year42€5k€7k▲
Trade debts44€34k€18k▼
Suppliers440/4€34k€18k▼
Taxes, remuneration and social security45€22k€19k▼
Taxes450/3€18k€19k▲
Remuneration and social security454/9€4k-
Other amounts payable47/48€10k€10k=
Accrued charges and deferred income492/3-€356
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€9k€6k▼
Gross operating margin9900€133k€194k▲
Operating profit (loss)9901€119k€179k▲
Financial income75/76B€76€94▲
Recurring financial income75€76€94▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€114k€176k▲
Income taxes67/77€31k€45k▲
Profit (loss) for the period9904€83k€131k▲
Profit (loss) for the period to be appropriated9905€83k€131k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€132k▲
Profit (loss) brought forward from the previous period14P€817€980▲
Transfer to equity691/2€83k€131k▲
To other reserves6921€83k€131k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €131k ▲58%
Operating result €179k, net result €131k, both a record.
31-12
Financial
Equity above €500kEq €507k ▲35%
6 profitable years in a row build equity to €507k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Equity above €200kEq €216k ▲22.4%
3 profitable years in a row build equity to €216k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €176k ▲34.8%
2 profitable years in a row build equity to €176k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 8 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Frameries · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Ferrer 1677080 FrameriesGround area
6,051 m²
Building footprint
188 m²
Volume, LiDAR
1,584 m³
Parcel 53028B0219/00A000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Garage Santo
since 19842.024.645.960
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53028B0219/00A000indicative | Wallonia | 6,051 m² | 1 · 188 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E. VANSPRINGEL & Zoon
BE 0628.918.405
Beersel · Eq €506,787
G.D.L.S.
BE 0863.484.694
Virton · Eq €507,153
VANDENBUNDER
BE 0467.567.813
Diksmuide · Eq €507,482
GARAGE BRUNO CROMPHOUT
BE 0873.429.867
Ninove · Eq €506,148
Garage Van Daele
BE 0743.809.361
Eeklo · Eq €506,129
Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,067 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-1984
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47812Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:garagesanto909@hotmail.com