Garage Van Twembeke

Active

Private limited companyfounded 1993active for 32 yearsBoekelbaan(SBB) 2/0001, 9630 Zwalm, BelgiumKBO/BCE: BE 0451.812.142

Summary

Garage Van Twembeke has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €601,744 and a net result of €94,560. Equity is growing by about 5.8% per year across the filed financial years. Its solvency ranks better than 89% of 9,537 sector peers (NACE 47, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Garage Van TwembekeActiveChecked score 58/100

Risk analysis Report Compare

Activity

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

NACE 47811

4th oldest company in Zwalm, Wholesale and retail trade sector1 site

Size

€760,307total assets 2024

Staff: 1 FTE
Equity: €601,744
Profit: €94,560

Turnover not published (abbreviated format)

Financial health

58 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

VAN TWEMBEKE JoDirector

2025 accounts not filed, 87 days past the deadline1 of 2 deeds summarised

Why 58raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 25-11-2025)lowers riskFounded in 1993Equity €601,744 (79.1% of total assets)Show the evidence

Checked score

Score 2024

58 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 82% of its sector peers (NACE 47, micro)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 100=

equity 79.1% of total assets

Liquidity 80+8

short-term debt 15.6% · cash 27.1%

Profitability 84+9

return on assets 12.4%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

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

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025highest value 12-2025: 0.1%▼ -0.2 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026

Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 4.6, compared with 5.43 in 2023, above the usual 1.5; short-term debt: 15.6% and cash: 27.1% of total assets), and 20.9% of the assets are financed with debt and provisions.

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 92% on solvency, 84% on liquidity, 78% on profitability and 71% 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.

lowers riskraises risk

Founded in 1993

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 late

NBB · filings

Equity €601,744 (79.1% of total assets)

NBB · annual accounts

Figures for financial year 2024 (filed 25-11-2025)

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 117 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

117 days late

2023

83 days late

2022

100 days late

2021

95 days late

2020

30 days late

2019

7 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 70 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 (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

25-11-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Highest result from 2018 to 2024net €94,560 ▲174%
22-10-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Positive: Result rose in 2024from €34,489 to €94,560 ▲ 174% View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Positive: Among the best 12% on solvencysector median 38.3% · 9,537 companies 79.1% View
Positive: 7 profitable years in a rowprofit 2024: €94,560 7 years View

By topic

Financials

Financial year: 2024
Total assets: €760,307
Profit: €94,560
Solvency: 79.1%

Total assets▲ 18.2%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member

VAN TWEMBEKE JoDirector

Go to Board & ownership

Timeline

Events: 35
Since: 1995

31-12-2023Equity above €500,000
20-12-2023Resignation: VAN TWEMBEKE Jo (manager)
08-11-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 29-12-1993
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Who signs: Each director alone
Annual meeting: First Monday of June at 19:00

Go to Articles of association

Key facts about Garage Van Twembeke

What is the company number of Garage Van Twembeke?: 0451.812.142. In Belgium the VAT number is the company number with BE in front: BE 0451.812.142.
Where is Garage Van Twembeke based?: The registered office is at Boekelbaan(SBB) 2/0001, 9630 Zwalm.Company details
What does Garage Van Twembeke 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 Van Twembeke?: Private limited company (BV).
When was Garage Van Twembeke founded?: On 29-12-1993.
Is Garage Van Twembeke still active?: Yes, Garage Van Twembeke is an active enterprise in the KBO register.
How many employees does Garage Van Twembeke have?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Garage Van Twembeke?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Garage Van Twembeke profitable?: In financial year 2024, Garage Van Twembeke made a profit of €94,560.
Where can I find the annual accounts of Garage Van Twembeke?: Garage Van Twembeke filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.