GARAGE VEYS

Active

Public limited companyfounded 1995active for 31 yearsHulstplein 10, 8700 Tielt, BelgiumKBO/BCE: BE 0455.704.317

Summary

GARAGE VEYS has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of -€67,531. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 72% of 1,303 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

GARAGE VEYSActiveChecked score 94/100

Risk analysis Report Compare

Activity

General maintenance and repair of cars and light vans (up to 3.5 tonnes)

NACE 95311

3rd largest company by equity in Tielt, Other services sector1 site

Size

≈ €400,000turnover 2025, estimated

Equity: €4.6m
Loss: -€67,531

Turnover estimated from the gross margin

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: MICCAS · 100%

MICCASManaging director · permanent representative Mieke Huys
Nico BoterdaeleDirector

2025 accounts 51 days early1 of 9 deeds summarised

Why 94raises riskLiquidity: current ratio 38.44, cash €65,171lowers riskSize: total assets €7.0mFounded in 1995Figures for financial year 2025 (filed 10-06-2026)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 49% of its sector peers (NACE 95, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 90+1

equity 64.7% of total assets

Liquidity 51+7

short-term debt 1.8% · cash 0.9%

Profitability 34+16

return on assets -1.0%

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 0.4% (327 companies, NACE 95, small)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.3%▼ -0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.2 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.1 percentage points 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: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €420,000 on 30-day terms is acceptable

Liquidity ample (current ratio 38.44, compared with 3.3 in 2024, above the usual 1.5; short-term debt: 1.8% and cash: 0.9% of total assets), and 35.3% 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, small): better than 82% on solvency, 69% on liquidity, 19% on profitability and 28% on growth.

The bankruptcy probability was computed on 27-10-2026 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 riskraises riskneutral

Size: total assets €7.0m

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

NBB · annual accounts

Founded in 1995

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

KBO

Liquidity: current ratio 38.44, cash €65,171

NBB · annual accounts

Figures for financial year 2025 (filed 10-06-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

51 days early

2024

44 days early

2023

37 days early

2022

28 days early

2021

32 days early

2020

33 days early

2019

28 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 28 days before 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 (2)

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 25 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

10-06-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Weakest financial yearnet -€67,531
31-12-2025 Liquidity more than 11 timescurrent ratio 38.44

Key points

Caution: Among the weakest 5% on net resultsector median €29,229 · 1,299 companies -€67,531 View
Controlled by MICCAS 100% View
Caution: 2 loss-making years in a rowloss financial year 2025 -€67,531 View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year: 2025
Total assets: €7.0m
Loss: -€67,531
Solvency: 64.7%

Turnover▼ 34.7%

Net result

20182022

Go to Financials

Board & ownership

Board: 2 members
Parent: MICCAS · 100%

MICCASManaging director
Nico BoterdaeleDirector

Go to Board & ownership

Network & group

Connected companies: 2

Go to Network & group

Timeline

Events: 36
Since: 1997
Next accounts: by 31-07-2027

17-06-2025Annual accounts filed
24-06-2024Annual accounts filed
31-12-2023Highest result from 2018 to 2025

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: General maintenance and repair of cars and light…NACE 95311
Founded: 18-07-1995
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Annual meeting: First Monday of June at 20:00

Go to Articles of association

Key facts about GARAGE VEYS

What is the company number of GARAGE VEYS?: 0455.704.317. In Belgium the VAT number is the company number with BE in front: BE 0455.704.317.
Where is GARAGE VEYS based?: The registered office is at Hulstplein 10, 8700 Tielt.Company details
What does GARAGE VEYS 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 VEYS?: Public limited company (NV).
When was GARAGE VEYS founded?: On 18-07-1995.
Is GARAGE VEYS still active?: Yes, GARAGE VEYS is an active enterprise in the KBO register.
How many employees does GARAGE VEYS have?: On average 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of GARAGE VEYS?: €8.4m in financial year 2022, according to the filed annual accounts.
Is GARAGE VEYS profitable?: In financial year 2025, GARAGE VEYS made a loss of €67,531.
Where can I find the annual accounts of GARAGE VEYS?: GARAGE VEYS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE VEYS due?: By 31-07-2027, for financial year 2026.Timeline