GARAGE TIM CRABBE
ActiveSummary
GARAGE TIM CRABBE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €544k and a net result of €33k. Equity is growing by ~57.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 1048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+29
Solvency77▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.82 in 2024; short-term debt: 34.1% and cash: 0.2% of total assets), and 48.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
51.9%
Return on assets
3.2%
Age of the figures
9 mo
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 · 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
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
49 d late
2024
51 d late
2023
71 d late
2022
92 d late
2021
17 d early
2020
8 d early
2019
21 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.02M▼ 23.7%
2020 · €2.64M
2018: €2.73M
2019: €3.16M▲ +16.0% vs 2018highest in 4 years
2020: €2.64M▼ -16.6% vs 2019
2021: €2.02M▼ -23.7% vs 2020lowest in 4 years
2018 → 2021
EBIT margin
2.2%▼ 0.8pp
2020 · 3.1%
2018: 1.7%lowest in 4 years
2019: 2.1%▲ +23.8% vs 2018
2020: 3.1%▲ +47.8% vs 2019highest in 4 years
2021: 2.2%▼ -27.2% vs 2020
2018 → 2021
Net result
€33k▲ 18.3%
2024 · €28k
2018: €8k
2019: €32k▲ +306% vs 2018
2020: €34k▲ +6.7% vs 2019
2021: €554▼ -98.4% vs 2020
2022: €-452k▼ -81662% vs 2021lowest in 8 years
2023: €407k▲ +190% vs 2022highest in 8 years
2024: €28k▼ -93.1% vs 2023
2025: €33k▲ +18.3% vs 2024
2018 → 2025
Working capital
€-37k▲ 49.5%
2024 · €-73k
2018: €-7k
2019: €-2k▲ +66.4% vs 2018
2020: €-17k▼ -635% vs 2019
2021: €-75k▼ -347% vs 2020
2022: €-419k▼ -459% vs 2021lowest in 8 years
2023: €71k▲ +117% vs 2022highest in 8 years
2024: €-73k▼ -202% vs 2023
2025: €-37k▲ +49.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.02M-
Equity€-9k-€285k€483k▲ 69.5%€511k▲ 5.8%€544k▲ 6.5%
2021: €-9klowest in 5 years
2022: €285k▲ +3385% vs 2021
2023: €483k▲ +69.5% vs 2022
2024: €511k▲ +5.8% vs 2023
2025: €544k▲ +6.5% vs 2024highest in 5 years
Operating result€45k-€-256k€560k€79k▼ 85.9%€93k▲ 18.5%
2021: €45k
2022: €-256k▼ -668% vs 2021lowest in 5 years
2023: €560k▲ +319% vs 2022highest in 5 years
2024: €79k▼ -85.9% vs 2023
2025: €93k▲ +18.5% vs 2024
Net result€554-€-452k€407k€28k▼ 93.1%€33k▲ 18.3%
2021: €554
2022: €-452k▼ -81662% vs 2021lowest in 5 years
2023: €407k▲ +190% vs 2022highest in 5 years
2024: €28k▼ -93.1% vs 2023
2025: €33k▲ +18.3% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€727k ▼ 1.8%
Current assets
€321k ▼ 5.6%
Equity and liabilities €1.05M
Equity
€544k ▲ 6.5%
Debt
€504k ▼ 11.5%
Debt's share of the balance-sheet total falls from 52.7% to 48.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2024 · €88k
Cash flow
€97k▲
2024 · €38k
Current ratio
0.90▲
2024 · 0.82
Quick ratio
0.73▼
2024 · 0.77
Debt to equity
0.93▼
2024 · 1.12
ROE
6.1%▲
2024 · 5.5%
ROA
3.2%▲
2024 · 2.6%
Interest coverage
5.50▲
2024 · 2.17
Debt ≤ 1 year
€358k▼
2024 · €413k
Debt > 1 year
€146k▼
2024 · €157k
Income taxes
€32k▲
2024 · €10k
Staff costs
€62k▼
2024 · €66k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.05M▼
Fixed assets21/28€741k€727k▼
Tangible fixed assets22/27€684k€671k▼
Land and buildings22€678k€621k▼
Plant, machinery and equipment23€5k€9k▲
Furniture and vehicles24-€40k
Financial fixed assets28€57k€57k=
Current assets29/58€340k€321k▼
Stocks and contracts in progress3€23k€59k▲
Stocks30/36€23k€59k▲
Amounts receivable within one year40/41€317k€254k▼
Trade receivables40€11k€2k▼
Other amounts receivable41€306k€253k▼
Current investments50/53-€5k
Cash at bank and in hand54/58€8€2k▲
Deferred charges and accrued income490/1-€390
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.05M▼
Equity10/15€511k€544k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€537k€537k=
Profit (loss) carried forward14€-44k€-11k▲
Amounts payable17/49€570k€504k▼
Amounts payable after more than one year17€157k€146k▼
Financial debts170/4€157k€146k▼
Amounts payable within one year42/48€413k€358k▼
Current portion of amounts payable after more than one year42€65k€57k▼
Financial debts43€25k€52k▲
Credit institutions430/8€25k€52k▲
Trade debts44€115k€63k▼
Suppliers440/4€115k€63k▼
Taxes, remuneration and social security45€104k€94k▼
Taxes450/3€94k€86k▼
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€103k€92k▼
Income statement
Code20242025
Remuneration, social security and pensions62€66k€62k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€64k▲
Other operating charges640/8€17k€13k▼
Gross operating margin9900€171k€232k▲
Operating profit (loss)9901€79k€93k▲
Financial income75/76B€10€58▲
Recurring financial income75€10€58▲
Financial charges65/66B€41k€29k▼
Recurring financial charges65€41k€29k▼
Profit (loss) for the period before taxes9903€38k€65k▲
Income taxes67/77€10k€32k▲
Profit (loss) for the period9904€28k€33k▲
Profit (loss) for the period to be appropriated9905€28k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-11k▲
Profit (loss) brought forward from the previous period14P€-72k€-44k▲
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.02M | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €1.83M | - | - | - | - | - |
| Remuneration, social security and pensions62 | €297k | €327k | €47k | €66k | €62k | ▼ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70k | €26k | €23k | €9k | €64k | ▲ 574% |
| Other operating charges640/8 | €9k | €45k | €20k | €17k | €13k | ▼ 25.4% |
| Gross operating margin9900 | €421k | €142k | €650k | €171k | €232k | ▲ 35.6% |
| Operating profit (loss)9901 | €45k | €-256k | €560k | €79k | €93k | ▲ 18.5% |
| Financial income75/76B | €282 | €679 | €20k | €10 | €58 | ▲ 482% |
| Recurring financial income75 | €282 | €679 | €407 | €10 | €58 | ▲ 482% |
| Non-recurring financial income76B | - | - | €19k | - | - | - |
| Financial charges65/66B | €45k | €193k | €130k | €41k | €29k | ▼ 29.8% |
| Recurring financial charges65 | €45k | €46k | €77k | €41k | €29k | ▼ 29.8% |
| Non-recurring financial charges66B | - | €147k | €53k | - | - | - |
| Profit (loss) for the period before taxes9903 | €554 | €-448k | €450k | €38k | €65k | ▲ 70.0% |
| Income taxes67/77 | - | €4k | €43k | €10k | €32k | ▲ 216% |
| Profit (loss) for the period9904 | €554 | €-452k | €407k | €28k | €33k | ▲ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €554 | €-452k | €407k | €28k | €33k | ▲ 18.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €887k | €1.35M | €1.53M | €1.08M | €1.05M | ▼ 3.0% |
| Formation expenses20 | - | €13k | - | - | - | - |
| Fixed assets21/28 | €348k | €1.06M | €731k | €741k | €727k | ▼ 1.8% |
| Intangible fixed assets21 | €28k | €27k | - | - | - | - |
| Tangible fixed assets22/27 | €317k | €1.03M | €675k | €684k | €671k | ▼ 1.9% |
| Land and buildings22 | €273k | €1.02M | €675k | €678k | €621k | ▼ 8.4% |
| Plant, machinery and equipment23 | €26k | €1k | - | €5k | €9k | ▲ 63.0% |
| Furniture and vehicles24 | €13k | €4k | - | - | €40k | - |
| Other tangible fixed assets26 | €6k | €5k | - | - | - | - |
| Financial fixed assets28 | €3k | €1k | €56k | €57k | €57k | = |
| Current assets29/58 | €539k | €278k | €797k | €340k | €321k | ▼ 5.6% |
| Stocks and contracts in progress3 | €277k | €175k | €21k | €23k | €59k | ▲ 154% |
| Stocks30/36 | €277k | €175k | €21k | €23k | €59k | ▲ 154% |
| Amounts receivable within one year40/41 | €258k | €98k | €775k | €317k | €254k | ▼ 19.8% |
| Trade receivables40 | €226k | €3k | €665k | €11k | €2k | ▼ 83.2% |
| Other amounts receivable41 | €33k | €95k | €110k | €306k | €253k | ▼ 17.6% |
| Current investments50/53 | - | - | - | - | €5k | - |
| Cash at bank and in hand54/58 | €3k | €5k | €1k | €8 | €2k | ▲ 24,282% |
| Deferred charges and accrued income490/1 | €547 | - | - | - | €390 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €887k | €1.35M | €1.53M | €1.08M | €1.05M | ▼ 3.0% |
| Equity10/15 | €-9k | €285k | €483k | €511k | €544k | ▲ 6.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Revaluation surpluses12 | - | €746k | €537k | €537k | €537k | = |
| Profit (loss) carried forward14 | €-27k | €-480k | €-72k | €-44k | €-11k | ▲ 75.4% |
| Amounts payable17/49 | €896k | €1.06M | €1.05M | €570k | €504k | ▼ 11.5% |
| Amounts payable after more than one year17 | €282k | €367k | €320k | €157k | €146k | ▼ 6.7% |
| Financial debts170/4 | €282k | €367k | €320k | €157k | €146k | ▼ 6.7% |
| Amounts payable within one year42/48 | €614k | €697k | €726k | €413k | €358k | ▼ 13.3% |
| Current portion of amounts payable after more than one year42 | €85k | €92k | €51k | €65k | €57k | ▼ 12.1% |
| Financial debts43 | €274k | €373k | €338k | €25k | €52k | ▲ 104% |
| Credit institutions430/8 | €274k | €373k | €338k | €25k | €52k | ▲ 104% |
| Trade debts44 | €139k | €91k | €105k | €115k | €63k | ▼ 45.4% |
| Suppliers440/4 | €139k | €91k | €105k | €115k | €63k | ▼ 45.4% |
| Taxes, remuneration and social security45 | €114k | €141k | €109k | €104k | €94k | ▼ 9.6% |
| Taxes450/3 | €87k | €65k | €80k | €94k | €86k | ▼ 7.9% |
| Remuneration and social security454/9 | €27k | €76k | €29k | €10k | €7k | ▼ 26.5% |
| Other amounts payable47/48 | €2k | - | €124k | €103k | €92k | ▼ 11.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €554 | €-452k | €407k | €28k | €33k | ▲ 18.3% |
| + Depreciation and write-downs630 | €70k | €26k | €23k | €9k | €64k | ▲ 574% |
| Operating cash flow (approximation) | €70k | €-426k | €430k | €38k | €97k | ▲ 158% |
| Investment in fixed assets (approximation) | - | €-736k | €303k | €-19k | €-51k | ▼ 171% |
| Change in cash | - | €2k | €-4k | €-1k | €2k | ▲ 269% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 49 days late
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 51 days late
2024
31-12
Financial
Equity above €500kEq €511k ▲5.8%
2 profitable years in a row build equity to €511k.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
2023
31-12
Financial
Back to profitnet €407k
Net result €407k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.10
Current ratio from 0.40 to 1.10.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-452k
Net result drops to €-452k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €285k
Equity rises from €-9k to €285k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
Show earlier events
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 153 days late
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 132 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Bornem · 1 establishment unit since 2008
Ground area
1.8 ha
Building footprint
4,245 m²
Volume, LiDAR
28,490 m³
Parcel 12015D0395/00A000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Garage Tim Crabbé
since 20082.173.799.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015D0395/00A000 | Flanders | 1.8 ha | 1 · 4,245 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 757 companies in sector 95313 we hold annual accounts for 289. 187 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
Scores and ratios are computed by Checked and are not a credit decision.