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GARAGE VANDERHEEREN

Active
Public limited companyfounded 1999active for 26 years't Hoge(Kor) 118, 8500 Kortrijk, BelgiumKBO/BCE: BE 0468.138.232
Summary

GARAGE VANDERHEEREN has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €90,431. Equity has been growing by about 5.7% per year since 2018. Its solvency ranks better than 92% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-12-1999 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Establishment unit
2.097.086.253 8500 Kortrijk, since 28-01-2000
Financial year end
31 December
Peppol
Reachable since 10-09-2025

Board and ownership

Board
  • Christiaens GreetDirector · since 29-05-2021
  • Vanderheeren ChristopheDirector · since 29-05-2021

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€255,034
▲ 17.0%
Turnover
≈ €2.2m
estimated
Profit
€90,431
▲ 27.2%
Equity
€1.8m
▲ 5.4%
Total assets
€2.1m
▲ 7.0%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 1999Size: total assets €2.1mFigures for financial year 2025 (filed on 17-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 85.3% of total assets
Liquidity 54-3
short-term debt 14.4% · cash 5.1%
Profitability 74+1
return on assets 4.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: < 0.1% 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%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 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 08-2026highest value 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.36 (4.83 in 2024), above the usual 1.5. Short-term debt is 14.4% and cash 5.1% of total assets. 14.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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, small). It does better than 95% of them on solvency, 71% on liquidity, 65% on profitability and 56% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2025 (filed on 17-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
34 days early
2023
27 days late
2022
30 days late
2021
30 days late
2020
31 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · 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 28 August (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 92% of companies in retail tradesector median 36.1% · 5,039 companies 85.3% View
  • Positive: 8 profitable years in a rowprofit 2025: €90,431 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as GARAGE VANDERHEEREN: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1.2m and €3m, founded between 1995 and 2004.

CompanyTotal assetsGross margin
GARAGE VANDERHEEREN Kortrijk€2.1m€0.3m
PATTYN-ARICKX DRIES Izegem€1.6m€0.3m
VAMAUTO Ledegem€1.8m€0.1m
GARAGE COKELAERE Oostrozebeke€1.2m€0.3m
LM SALES Ieper€2.4m€0.6m
House of cars Rixensart€3.0m€0.3m
ELLICARS Oudsbergen€2.0m€0.2m
Full comparison

Key facts about GARAGE VANDERHEEREN

What is the company number of GARAGE VANDERHEEREN?
The company number of GARAGE VANDERHEEREN is 0468.138.232. The VAT number is the same number with BE in front: BE 0468.138.232.
Where is GARAGE VANDERHEEREN based?
The registered office is at 't Hoge(Kor) 118, 8500 Kortrijk.Company details
What does GARAGE VANDERHEEREN 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 VANDERHEEREN?
The legal form of GARAGE VANDERHEEREN is Public limited company (NV).
When was GARAGE VANDERHEEREN founded?
GARAGE VANDERHEEREN was founded on 09-12-1999.
Is GARAGE VANDERHEEREN still active?
Yes, GARAGE VANDERHEEREN is an active enterprise in the KBO register.
What is the turnover of GARAGE VANDERHEEREN?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €255,034 and 35 comparable companies (NACE 47811). It probably lies between €1.1m and €3.2m.Financials
Is GARAGE VANDERHEEREN profitable?
In financial year 2025, GARAGE VANDERHEEREN made a profit of €90,431.
Where can I find the annual accounts of GARAGE VANDERHEEREN?
GARAGE VANDERHEEREN filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE VANDERHEEREN due?
GARAGE VANDERHEEREN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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