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GARAGE VERDONCK

Active
Public limited companyfounded 1994active for 32 yearsNonnenbosstraat 117, 9340 Lede, BelgiumKBO/BCE: BE 0452.538.949
Summary

GARAGE VERDONCK has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €799,961 and a net result of €23,628. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 74% of 997 sector peers (NACE 95, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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GARAGE VERDONCKActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
€1.2mtotal assets 2024
Staff
1 FTE
Equity
€799,961
Profit
€23,628
Turnover not published (abbreviated format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts not filed, 87 days past the deadline1 of 3 deeds summarised
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 24-09-2025)lowers riskFounded in 1994Liquidity: current ratio 2.91, cash €214,795Equity €799,961 (66.7% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 55% of its sector peers (NACE 95, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 92-6
equity 66.7% of total assets
Liquidity 58-9
short-term debt 32.5% · cash 17.9%
Profitability 71+11
return on assets 2.0%
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 0.5% (5,122 companies, NACE 95, 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 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points 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 03-2026 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 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €40,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.91, compared with 3.67 in 2023, above the usual 1.5; short-term debt: 32.5% and cash: 17.9% of total assets), and 33.3% 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 95, micro): better than 76% on solvency, 59% on liquidity, 44% on profitability and 40% 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
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 24-09-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.91, cash €214,795
NBB · annual accounts
lowers risk · Equity €799,961 (66.7% of total assets)
NBB · annual accounts
raises risk · 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
raises risk · 2024 accounts filed 50 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
50 days late
2023
57 days late
2022
12 days early
2021
68 days late
2019
115 days late
2018
91 days late
← 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 62 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Highest result from 2018 to 2024net €23,628 ▲228%
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Positive: 6 profitable years in a rowprofit 2024: €23,628 6 years View
  • Active since 1994founded 20-04-1994 32 years View

By topic

Financials

Financial year
2024
Total assets
€1.2m
Profit
€23,628
Solvency
66.7%
Total assets▲ 12.9%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
  • VERDONCK CyrielDirector
  • VERDONCK Franky EgidiusDirector
  • VERDONCK GuntherManaging director
Go to Board & ownership

Timeline

Events
33
Since
1995
  1. 31-12-2023Weakest financial year
  2. 27-12-2023Resignations: VERDONCK Cyriel, VERDONCK Franky Egidius and…
  3. 19-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
20-04-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
34
Purpose
“Het uitbaten van een werkplaats voor het herstellen van motorvoertuigen en herstellen van…” (deed in Dutch)
Go to Articles of association

Key facts about GARAGE VERDONCK

What is the company number of GARAGE VERDONCK?
0452.538.949. In Belgium the VAT number is the company number with BE in front: BE 0452.538.949.
Where is GARAGE VERDONCK based?
The registered office is at Nonnenbosstraat 117, 9340 Lede.Company details
What does GARAGE VERDONCK do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of GARAGE VERDONCK?
Public limited company (NV).
When was GARAGE VERDONCK founded?
On 20-04-1994.
Is GARAGE VERDONCK still active?
Yes, GARAGE VERDONCK is an active enterprise in the KBO register.
How many employees does GARAGE VERDONCK have?
On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GARAGE VERDONCK?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GARAGE VERDONCK profitable?
In financial year 2024, GARAGE VERDONCK made a profit of €23,628.
Where can I find the annual accounts of GARAGE VERDONCK?
GARAGE VERDONCK filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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