GARAGE SDS
ActiveGARAGE SDS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €10k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 40% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+9
Solvency47=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.19 in 2024; short-term debt: 77.8% and cash: 1% of total assets), and 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
22.1%
Return on assets
1.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
6 d late
2022
on the day
2021
on the day
2020
1 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€178k▲ 6.1%
2024 · €168k
2019: €192k
2020: €197k
2021: €201k
2022: €167k
2023: €168k
2024: €168k
2019 → 2025
Total assets
€805k▲ 3.9%
2024 · €775k
2019: €465k
2020: €521k
2021: €650k
2022: €718k
2023: €687k
2024: €775k
2019 → 2025
Net result
€10k▲ 3,245%
2024 · €306
2019: €5k
2020: €6k
2021: €4k
2022: €-33k
2023: €271
2024: €306
2019 → 2025
Working capital
€128k▲ 8.8%
2024 · €117k
2019: €122k
2020: €124k
2021: €134k
2022: €108k
2023: €108k
2024: €117k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€167k▼ 16.6%€168k▲ 0.2%€168k▲ 0.2%€178k▲ 6.1%
Operating result€12k-€-24k€20k€27k▲ 34.7%€25k▼ 4.5%
Net result€4k-€-33k€271€306▲ 13.1%€10k▲ 3,245%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €805k
Fixed assets
€50k▼ 5.9%
Current assets
€754k▲ 4.6%
Equity and liabilities €805k
Equity
€178k▲ 6.1%
Debt
€627k▲ 3.2%
The debt ratio falls from 78.3% to 77.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▼
2024 · €44k
Cash flow
€24k▲
2024 · €18k
Solvency
22.1%▲
2024 · 21.7%
Current ratio
1.20▲
2024 · 1.19
Quick ratio
0.13▼
2024 · 0.20
Debt / equity
3.52▼
2024 · 3.62
ROE
5.8%▲
2024 · 0.2%
ROA
1.3%▲
2024 · 0.0%
Interest coverage
2.61▲
2024 · 1.68
Debt
€627k▲
2024 · €607k
Debt ≤ 1 year
€626k▲
2024 · €604k
Income taxes
€228▼
2024 · €240
Staff costs
€56k▲
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€775k€805k▲
Fixed assets21/28€54k€50k▼
Tangible fixed assets22/27€54k€50k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€40k€41k▲
Financial fixed assets28-€135
Current assets29/58€721k€754k▲
Stocks and contracts in progress3€603k€674k▲
Stocks30/36€603k€674k▲
Amounts receivable within one year40/41€74k€66k▼
Trade receivables40€74k€64k▼
Other amounts receivable41€432€1k▲
Cash at bank and in hand54/58€38k€8k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€775k€805k▲
Equity10/15€168k€178k▲
Contributions10/11€55k€55k=
Reserves13€36k€36k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€76k€86k▲
Amounts payable17/49€607k€627k▲
Amounts payable within one year42/48€604k€626k▲
Financial debts43€201k€175k▼
Credit institutions430/8€201k€175k▼
Trade debts44€18k€57k▲
Suppliers440/4€18k€57k▲
Advances received on contracts in progress46€60k€58k▼
Taxes, remuneration and social security45€25k€26k▲
Taxes450/3€15k€7k▼
Remuneration and social security454/9€10k€19k▲
Other amounts payable47/48€300k€310k▲
Accrued charges and deferred income492/3€3k€167▼
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€49k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€14k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€95k€97k▲
Operating profit (loss)9901€27k€25k▼
Financial income75/76B€228€46▼
Recurring financial income75€228€46▼
Financial charges65/66B€26k€15k▼
Recurring financial charges65€26k€15k▼
Profit (loss) for the period before taxes9903€546€10k▲
Income taxes67/77€240€228▼
Profit (loss) for the period9904€306€10k▲
Profit (loss) for the period to be appropriated9905€306€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€86k▲
Profit (loss) brought forward from the previous period14P€76k€76k▲
The notes to these accounts (9 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €10k ▲3245%
Net result €10k, the highest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
30-06
Financial
Back to profitnet €271
Net result €271 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-33k ▼970%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €201k ▲2%
3 profitable years in a row build equity to €201k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ternat · 1 establishment unit since 2001
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.
Assesteenweg 2861740 TernatGround area
82 m²
Building footprint
59 m²
Volume, LiDAR
495 m³
Parcel 23086A0354/00K002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Assesteenweg 286, 1740 Ternat
since 20012.095.434.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0354/00K002 | Flanders | 82 m² | 1 · 58 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 8,250 EUR awarded · 8,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,000 EUR | 3,000 EUR |
| 2023 | 2 | 3,250 EUR | 3,250 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Hinderpremie bij openbare werken
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Of 1,467 companies in sector 47632 we hold annual accounts for 732. 640 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2001
Fiscal year end30-06
Activities, NACEBEL
45402
47632Retail sale of bicycles
47785Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
52492
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
47120Other non-specialised retail sale
47910Retail trade
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.