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GARAGE SCHOUTTEET

Active
Public limited companyfounded 1986active for 40 yearsKoning Albert I-laan 104, 8200 Brugge, BelgiumKBO/BCE: BE 0428.768.110
Summary

GARAGE SCHOUTTEET has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505,627 and a net result of €85,996. Equity has been growing by about 3.5% per year since 2018. Its solvency ranks better than 69% of 483 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-04-1986 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 1 other
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
112 Paritair Comité voor het garagebedrijf · annual accounts 2025
Establishment unit
2.036.794.320 8200 Brugge, since 09-06-1986
Financial year end
31 December
Peppol
Reachable since 12-05-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€410,979
▲ 39.3%
Turnover
≈ €1.6m
estimated
Profit
€85,996
▲ 534%
Equity
€505,627
▲ 20.5%
Total assets
€826,545
▲ 35.2%
Employees on 31-12-2025
3
=
  • 2025 accounts filed 76 days after the deadline
Score breakdownraises riskLast filed accounts filed 76 days late; 3 of the last 3 accounts latelowers riskLiquidity: current ratio 2.52, cash €393,147Founded in 1986Equity €505,627 (61.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 86-8
equity 61.2% of total assets
Liquidity 82+27
short-term debt 38.1% · cash 47.6%
Profitability 57+19
return on assets 10.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.6 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged 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: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.52 (3.0 in 2024), above the usual 1.5. Short-term debt is 38.1% and cash 47.6% of total assets. 38.8% 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 71% of them on solvency, 82% on liquidity, 32% on profitability and 68% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 76 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.52, cash €393,147
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €505,627 (61.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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 · 10 filings
Deviation from the deadline
2025
76 days late
2024
74 days late
2023
86 days late
2022
101 days late
2021
270 days late
2020
88 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 112 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.

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 26 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €13,557 to €85,996 ▲ 534% View

Recent changes

  1. · Gazette deed 2 directors appointed, 3 directors resigning, 3 reappointedChange of role: Philippe Schoutteet, from director to chair of the board · Resignations: Greta Crevits (director) and Kristof Schoutteet (director) · Reappointments: Philippe Schoutteet, Greta Crevits and Kristof Schoutteet
  2. · Gazette deed Reappointments: Philippe Schoutteet, Kristof Schoutteet and Greta CrevitsDirector discharge: Philippe Schoutteet (bestuurder en voorzitter gedelegeerd bestuurder) · Director discharge: Kristof Schoutteet · Director discharge: Greta Crevits
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as GARAGE SCHOUTTEET: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €542,000 and €996,000, founded between 1980 and 2000.

CompanyTotal assetsGross margin
GARAGE SCHOUTTEET Brugge€826,545€410,979
GARAGE TORFS Westerlo€934,800€433,961
Garage Schraepen Halen€757,906€367,561
GOVA Zoutleeuw€864,488€371,414
CAR FACE Roeselare€542,130€444,486
GARAGE VERGOTE Wevelgem€714,733€367,851
CARROSSERIE HOEFKENS Herenthout€996,444€379,022
Full comparison

Key facts about GARAGE SCHOUTTEET

What is the company number of GARAGE SCHOUTTEET?
The company number of GARAGE SCHOUTTEET is 0428.768.110. The VAT number is the same number with BE in front: BE 0428.768.110.
Where is GARAGE SCHOUTTEET based?
The registered office is at Koning Albert I-laan 104, 8200 Brugge.Company details
What does GARAGE SCHOUTTEET 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 SCHOUTTEET?
The legal form of GARAGE SCHOUTTEET is Public limited company (NV).
When was GARAGE SCHOUTTEET founded?
GARAGE SCHOUTTEET was founded on 21-04-1986.
Is GARAGE SCHOUTTEET still active?
Yes, GARAGE SCHOUTTEET is an active enterprise in the KBO register.
How many employees does GARAGE SCHOUTTEET have?
GARAGE SCHOUTTEET had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GARAGE SCHOUTTEET fall under?
In its 2025 annual accounts, GARAGE SCHOUTTEET states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of GARAGE SCHOUTTEET?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €410,979 and 35 comparable companies (NACE 953). It probably lies between €1.1m and €2.1m.
Is GARAGE SCHOUTTEET profitable?
In financial year 2025, GARAGE SCHOUTTEET made a profit of €85,996.
Where can I find the annual accounts of GARAGE SCHOUTTEET?
GARAGE SCHOUTTEET filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE SCHOUTTEET due?
GARAGE SCHOUTTEET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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