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Garage Vital

Active
Private limited company·Onderhoud en reparatie van motorvoertuigen, neg· 3 yrs active
Mechelsesteenweg 11 ·2540 Hove, Belgium
KBO/BCE: BE 0797.099.280
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Age3 yrs
Staff (FTE)0.2
Real estate1 parcel · 359 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Garage Vital is 1.3% (low). The 2024 annual accounts show equity of €23k and a net result of €2k. Its solvency ranks better than 39% of 925 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 28-07-2025 3 d early 2025-00318629
31-12-2023 31-07-2024 11-07-2024 20 d early 2024-00233772

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.3% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€2k
Working capital€5k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 95 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 14.1% 24.7%
better than 39% of 925 sector peers
Net result €2k €5k
better than 40% of 921 sector peers
Equity €23k €17k
better than 56% of 926 sector peers
Gross operating margin €32k €27k
better than 54% of 920 sector peers
Staff costs €2k €28k
higher than 16% of 428 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€28k
Net profit€2k
Cash flow€19k
Staff costs€2k
Income taxes€2k
Dividends-
Total assets€161k
Equity€23k
Debt€139k
of which ≤ 1y€79k
of which > 1y€60k
Working capital€5k
Employees (FTE)0.2
Ratios (computed)
2024
Current ratio1.07
Quick ratio0.83
Working capital ratio3.3%
Solvency14.1%
Debt / equity6.11
Long-term debt ratio2.64
Interest coverage3.90
Gross margin-
Net margin-
ROA1.2%
ROE8.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€161k
Fixed assets 21/28€77k
Intangible fixed assets 21€12k
Tangible fixed assets 22/27€65k
Current assets 29/58€84k
Stocks & contracts in progress 3€19k
Amounts receivable within one year 40/41€56k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€161k
Equity 10/15€23k
Contributions / capital 10/11€5k
Reserves 13€18k
Amounts payable 17/49€139k
Amounts payable after one year 17€60k
Amounts payable within one year 42/48€79k
Trade debts payable within one year 44€29k
Income statement
Gross operating margin 9900€32k
Operating result 9901€11k
Financial income 75€130
Financial charges 65€7k
Result before taxes 9903€4k
Income taxes 67/77€2k
Net result for the period 9904€2k
Result to be appropriated 9905€2k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
56 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Mechelsesteenweg 112540 Hove

Establishment units

1 location
Garage Vital
Mechelsesteenweg 11, 2540 HoveDetailhandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20232.341.126.177
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area359 m²
Buildings1
Building footprint273 m²
Volume (LiDAR)1,427 m³
Tallest building8.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11021A0288/00Z003 Flanders 359 m² 1 · 272 m² 8.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health56Profitability42Solvency22Growth-Stability79
50 / 100

Mixed profile: strong on stability, weaker on solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 56
Profitability 42
Solvency 22
Growth -
Stability 79

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 66 of the 851 companies in this sector. 54 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Onderhoud en reparatie van motorvoertuigen, n.e.g.45209Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311Onderhoud en reparatie van motorvoertuigen, neg95319Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811
Primary activity highlighted.
Names & trade names
Legal nameNL Garage Vital
Registered office
Mechelsesteenweg 11
2540 Hove, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.