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GARAGE VAN PRAET

Active
Private limited company (pre-2019)founded 2018active for 7 yearsHaachtsesteenweg 694, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0713.949.593
Summary

The computed 12-month bankruptcy probability of GARAGE VAN PRAET is 11.9% (high). For GARAGE VAN PRAET, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €17,065 and a net result of €90. Equity is growing by about 70% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
≈ €39,000turnover 2022, estimated
Equity
€17,065
Profit
€90
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
11.9%
2022 figures too old to score
Structure
2023 accounts not filed, 822 days past the deadline3 of 5 deeds summarised
Signalsraises riskFigures for financial year 2022 (filed 29-08-2023)3 financial years not filed after the legal deadline; last filed accounts filed 29 days late1 change of registered office in 24 monthsSize: total assets €83,462Two or more financial years not filedneutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 45=
equity 20.4% of total assets
Liquidity 27+15
short-term debt 79.6% · cash 16.8%
Profitability 69-31
return on assets 0.1%
Bankruptcy probability, 12 months
11.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 11-2024: 3.8%lowest value 12-2024: 4.6%▲ +0.8 percentage points vs 11-2024 01-2025: 6.1%▲ +1.5 percentage points vs 12-2024 02-2025: 6.1%● unchanged vs 01-2025 03-2025: 6.5%▲ +0.4 percentage points vs 02-2025 04-2025: 6.0%▼ -0.5 percentage points vs 03-2025 05-2025: 6.0%● unchanged vs 04-2025 06-2025: 5.9%▼ -0.1 percentage points vs 05-2025 07-2025: 5.9%● unchanged vs 06-2025 08-2025: 7.6%▲ +1.7 percentage points vs 07-2025 09-2025: 8.8%▲ +1.2 percentage points vs 08-2025 10-2025: 8.8%● unchanged vs 09-2025 11-2025: 8.8%● unchanged vs 10-2025 12-2025: 8.8%● unchanged vs 11-2025 01-2026: 8.8%● unchanged vs 12-2025 02-2026: 8.8%● unchanged vs 01-2026 03-2026: 8.8%● unchanged vs 02-2026 04-2026: 12.5%▲ +3.7 percentage points vs 03-2026 05-2026: 12.7%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 12.7%● unchanged vs 05-2026highest value 07-2026: 12.7%● unchanged vs 06-2026highest value 08-2026: 12.1%▼ -0.6 percentage points vs 07-2026 09-2026: 11.9%▼ -0.2 percentage points vs 08-2026 10-2026: 11.9%● unchanged vs 09-2026
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2022 (filed 29-08-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 29 days late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €83,462
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline31-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
29 days late
2021
6 days early
2020
31 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: ACHAK YASSINE (director)Appointment: OLMOS PELLICER EDUARDO (director)…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: 2023 accounts not fileddeadline was 31-07-2024 822 days past the deadline View
  • Caution: Board changedlatest change 20-07-2026 · 1 in office 1 joined · 1 left View
  • Active since 2018founded 27-11-2018 7 years View

By topic

Financials

Financial year
2022
Total assets
€83,462
Profit
€90
Solvency
20.4%
Total assets▼ 2.7%
Net result
20192022
Go to Financials

Timeline

Events
8
Since
2020
  1. 18-04-2023Resignations: ABIK Rachid (manager) and AHRIGA Ahmed…
  2. 25-07-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
27-11-2018
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about GARAGE VAN PRAET

What is the company number of GARAGE VAN PRAET?
0713.949.593. In Belgium the VAT number is the company number with BE in front: BE 0713.949.593.
Where is GARAGE VAN PRAET based?
The registered office is at Haachtsesteenweg 694, 1030 Schaarbeek.Company details
What is the legal form of GARAGE VAN PRAET?
Private limited company (pre-2019) (BVBA).
When was GARAGE VAN PRAET founded?
On 27-11-2018.
Is GARAGE VAN PRAET still active?
Yes, GARAGE VAN PRAET is an active enterprise in the KBO register.
What is the turnover of GARAGE VAN PRAET?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GARAGE VAN PRAET profitable?
In financial year 2022, GARAGE VAN PRAET made a profit of €90.
Where can I find the annual accounts of GARAGE VAN PRAET?
GARAGE VAN PRAET filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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