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GARAGE VANHEES

Active
Public limited companyfounded 1979active for 47 yearsWiemesmeerstraat 37, 3600 Genk, BelgiumKBO/BCE: BE 0419.824.215
Summary

GARAGE VANHEES has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €139,079. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 84% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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GARAGE VANHEESActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€6.6mturnover 2025
Staff
6.2 FTE
Equity
€1.5m
Profit
€139,079
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
CODI HOLDING · 21.25%
Holdings
2
Accounts on time2 of 6 deeds read
Why 94lowers riskFounded in 1979Profit of €139,079 (financial year 2025)Liquidity: current ratio 2.93, cash €223,497Equity €1.5m (71.9% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 97-3
equity 71.9% of total assets
Liquidity 55-17
short-term debt 23.5% · cash 10.8%
Profitability 44-13
return on assets 6.7%
Bankruptcy probability, 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 0.6% (40,222 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: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.3 percentage points 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%● unchanged vs 03-2026lowest value 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: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.93, compared with 3.57 in 2024, above the usual 1.5; short-term debt: 23.5% and cash: 10.8% of total assets), and 28.1% 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 82% on solvency, 61% on liquidity, 32% on profitability and 40% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskneutral
lowers risk · Founded in 1979
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €139,079 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.93, cash €223,497
NBB · annual accounts
lowers risk · Equity €1.5m (71.9% of total assets)
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
29 days late
2023
30 days late
2022
18 days late
2021
61 days late
2020
31 days late
2019
48 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 31 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)
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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Willy Winters (director)Permanent representative: Jan Jehoul
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Result rose in 2025from €50,328 to €139,079 ▲ 176% View
  • Positive: Among the best 17% on solvencysector median 36.1% · 5,007 companies 71.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €139,079 8 years View
  • A director leftlatest change 15-09-2026 · 3 in office 1 left View
  • Active since 1979founded 16-10-1979 47 years View

By topic

Financials

Financial year
2025
Turnover
€6.6m
Profit
€139,079
Solvency
71.9%
Turnover▼ 19.0%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
CODI HOLDING · 21.25%
  • ArlusaManaging director
  • CODI HOLDINGDirector
  • WOUTERS RemyDirector
Go to Board & ownership

Timeline

Events
52
Since
1981
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity more than doubled
  2. 30-08-2024Annual accounts filed
  3. 05-01-2024Reappointments: CODI HOLDING, Arlusa and 2 others
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
16-10-1979
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Annual meeting
Last Friday of March at 20:00
Purpose
“Kleinhandel in motorvoertuigen en onderdelen; kleinhandel in tweedehandsauto’s en…” (deed in Dutch)
Go to Articles of association

Key facts about GARAGE VANHEES

What is the company number of GARAGE VANHEES?
0419.824.215. In Belgium the VAT number is the company number with BE in front: BE 0419.824.215.
Where is GARAGE VANHEES based?
The registered office is at Wiemesmeerstraat 37, 3600 Genk.Company details
What does GARAGE VANHEES 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 VANHEES?
Public limited company (NV).
When was GARAGE VANHEES founded?
On 16-10-1979.
Is GARAGE VANHEES still active?
Yes, GARAGE VANHEES is an active enterprise in the KBO register.
How many employees does GARAGE VANHEES have?
On average 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE VANHEES?
€6.6m in financial year 2025, according to the filed annual accounts.
Is GARAGE VANHEES profitable?
In financial year 2025, GARAGE VANHEES made a profit of €139,079.
Where can I find the annual accounts of GARAGE VANHEES?
GARAGE VANHEES filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE VANHEES due?
By 31-07-2027, for financial year 2026.Timeline

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Subsidiaries and holdings

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