GARAGE THIRY SPRL

Active

Private limited company (pre-2019)founded 1978active for 47 yearsRoute de Gérasa 9, 6723 Habay, BelgiumKBO/BCE: BE 0418.954.282

Summary

The computed 12-month bankruptcy probability of GARAGE THIRY SPRL is 6.9% (elevated). The 2025 annual accounts show negative equity (-€542,125) and a net result of -€237,220. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 12,672 sector peers (NACE 47, financial year 2025). The company has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

GARAGE THIRY SPRLActiveChecked score 32/100

Risk analysis Report Compare

Activity

Retail sale of cars and light vans (up to 3.5 tonnes)

NACE 47811

3rd oldest company in Habay, Wholesale and retail trade sector1 site

Size

€605,436total assets 2025

Staff: 2.1 FTE
Equity: -€542,125
Loss: -€237,220

Financial health

32 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 6.9%

Structure

Parent: L. LOUYET · 100%

L for LDirector · permanent representative Laurent Louyet
L. LOUYETDirector · permanent representative Léon Louyet

2025 accounts 29 days early1 of 6 deeds summarised

Why 32raises riskNegative equity -€542,125Loss of €237,220, the second in a row (financial year 2025)Liquidity: current ratio 0.20, cash €9,881, halvedSector: Retail trade (NACE 47)Show the evidence

Checked score

Score 2025

32 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 6% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-8

equity -89.5% of total assets

Liquidity 2-15

short-term debt 189.5% · cash 1.6%

Profitability 0-7

return on assets -39.2%

Bankruptcy probability, 12 months

6.9% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)

Last 24 months 11-2024: 2.3%lowest value 12-2024: 3.0%▲ +0.7 percentage points vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.1%▲ +0.1 percentage points vs 01-2025 03-2025: 3.0%▼ -0.1 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.4 percentage points vs 06-2025 08-2025: 3.9%▲ +0.6 percentage points vs 07-2025 09-2025: 4.3%▲ +0.4 percentage points vs 08-2025 10-2025: 4.5%▲ +0.2 percentage points vs 09-2025 11-2025: 4.7%▲ +0.2 percentage points vs 10-2025 12-2025: 5.2%▲ +0.5 percentage points vs 11-2025 01-2026: 7.8%▲ +2.6 percentage points vs 12-2025 02-2026: 7.8%● unchanged vs 01-2026 03-2026: 7.8%● unchanged vs 02-2026highest value 04-2026: 7.1%▼ -0.7 percentage points vs 03-2026 05-2026: 6.3%▼ -0.8 percentage points vs 04-2026 06-2026: 6.3%● unchanged vs 05-2026 07-2026: 6.2%▼ -0.1 percentage points vs 06-2026 08-2026: 6.9%▲ +0.7 percentage points vs 07-2026 09-2026: 6.9%● unchanged vs 08-2026 10-2026: 6.9%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.2, compared with 0.65 in 2024, below 1; short-term debt: 189.5% and cash: 1.6% 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 47, micro): better than 6% on solvency, 4% on liquidity, 6% on profitability and 7% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

raises riskneutral

Negative equity -€542,125

NBB · annual accounts

Loss of €237,220, the second in a row (financial year 2025)

NBB · annual accounts

Liquidity: current ratio 0.20, cash €9,881, halved

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€542,125

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 · 9 filings

Deviation from the deadline

2025

29 days early

2024

243 days late

2023

8 days late

2022

71 days late

2021

32 days early

2020

142 days late

2019

126 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 76 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 9 August (4 of the last 5 filed years within 62 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-03-2026 Annual accounts filedfinancial year 2024 · full…
18-02-2026 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€542,125 View
Risk: 3 loss-making years in a rowloss financial year 2025 -€237,220 View
Caution: Equity fell in 2025from -€304,905 to -€542,125 ▼ 77.8% View
Caution: Among the weakest 5% on solvencysector median 36.7% · 12,672 companies -89.5% View
Controlled by L. LOUYET 100% View
Active since 1978founded 27-12-1978 47 years View

By topic

Financials

Financial year: 2025
Total assets: €605,436
Loss: -€237,220
Solvency: -89.5%

Turnover▼ 15.8%

Net result

20192020

Go to Financials

Board & ownership

Board: 2 members
Parent: L. LOUYET · 100%

L for LDirector
L. LOUYETDirector

Go to Board & ownership

Network & group

Connected companies: 26

Go to Network & group

Timeline

Events: 50
Since: 1980
Next accounts: by 31-07-2027

23-10-2024Resignations: Arnold Kontz (director) and Benjamin Kontz…
08-08-2024Annual accounts filed
10-10-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 27-12-1978
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about GARAGE THIRY SPRL

What is the company number of GARAGE THIRY SPRL?: 0418.954.282. In Belgium the VAT number is the company number with BE in front: BE 0418.954.282.
Where is GARAGE THIRY SPRL based?: The registered office is at Route de Gérasa 9, 6723 Habay.Company details
What does GARAGE THIRY SPRL do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of GARAGE THIRY SPRL?: Private limited company (pre-2019) (BVBA).
When was GARAGE THIRY SPRL founded?: On 27-12-1978.
Is GARAGE THIRY SPRL still active?: Yes, GARAGE THIRY SPRL is an active enterprise in the KBO register.
How many employees does GARAGE THIRY SPRL have?: On average 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE THIRY SPRL?: €3.5m in financial year 2020, according to the filed annual accounts.
Is GARAGE THIRY SPRL profitable?: In financial year 2025, GARAGE THIRY SPRL made a loss of €237,220.
Where can I find the annual accounts of GARAGE THIRY SPRL?: GARAGE THIRY SPRL filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE THIRY SPRL due?: By 31-07-2027, for financial year 2026.Timeline