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GARAGE WILLEMS

Active
Private limited companyfounded 2000active for 26 yearsGrote Steenweg 55, 9870 Zulte, BelgiumKBO/BCE: BE 0471.643.001
Summary

GARAGE WILLEMS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,345 and a net result of €19,124. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 74% of 3,304 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 07-04-2000 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 2 others
Establishment unit
2.099.640.620 9870 Zulte, since 29-06-2000
Financial year end
30 September
Peppol
Reachable since 24-11-2023

Board and ownership

Board
Shareholders

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 30-09-2025
Gross margin
€54,217
▲ 11.1%
Turnover
≈ €130,000
estimated
Profit
€19,124
▲ 96.6%
Equity
€113,345
▲ 20.3%
Total assets
€179,687
▼ 17.0%
Score breakdownraises riskLiquidity: current ratio 1.01, cash €0Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskFounded in 2000Equity €113,345 (63.1% of total assets)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 88+19
equity 63.1% of total assets
Liquidity 38+7
short-term debt 29.8% · cash 0.0%
Profitability 82+8
return on assets 10.6%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.3%▼ -0.1 percentage points vs 02-2025 04-2025: 0.5%▲ +0.2 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 0.5%▼ -0.2 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (0.82 in 2024), below the usual 1.5. Short-term debt is 29.8% and cash 0% of total assets. 36.9% 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 95, micro). It does better than 73% of them on solvency, 29% on liquidity, 67% on profitability and 68% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.01, cash €0
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
lowers risk · Equity €113,345 (63.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
6 days early
2023
32 days early
2022
9 days early
2021
30 days early
2020
1 day early
2019
2 days early
← 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 12 days before the deadline. In the sector (NACE 95), 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5th oldest company in Zulte, Other services sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorlatest change 01-02-2026 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: De Smet Geert (director)Related document
  2. · Gazette deed Resignation: Didier Michel Desplancke (director)
  3. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousChange of role: BAEYE Carl Carlos Cornelus, from director to statutory manager · Appointment: GUILLEMYN Steven Yvan Jozef (director) · Reappointment: DESPLANCKE Didier Michel (director)
All 20 events

Comparable companies

These companies have the same main activity as GARAGE WILLEMS: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €160,000 and €212,000, founded between 1999 and 2004.

CompanyTotal assetsGross margin
GARAGE WILLEMS Zulte€179,687€54,217
SAAB - CAR - RECUP Ukkel€186,646€57,621
Garage Luc Antwerpen€169,890€45,720
CARROSSERIE MAASLAND Dilsen-Stokkem€212,272€61,370
D'HONDT MOTORS Antwerpen€179,528€62,447
G.OMNIUM Antwerpen€167,275€65,162
CLAERHOUT-VANTOMME Zulte€160,306€87,211
Full comparison

Key facts about GARAGE WILLEMS

What is the company number of GARAGE WILLEMS?
The company number of GARAGE WILLEMS is 0471.643.001. The VAT number is the same number with BE in front: BE 0471.643.001.
Where is GARAGE WILLEMS based?
The registered office is at Grote Steenweg 55, 9870 Zulte.Company details
What does GARAGE WILLEMS 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 WILLEMS?
The legal form of GARAGE WILLEMS is Private limited company (BV).
When was GARAGE WILLEMS founded?
GARAGE WILLEMS was founded on 07-04-2000.
Is GARAGE WILLEMS still active?
Yes, GARAGE WILLEMS is an active enterprise in the KBO register.
What is the turnover of GARAGE WILLEMS?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €54,217 and 33 comparable companies (NACE 953). It probably lies between €99,000 and €180,000.Financials
Is GARAGE WILLEMS profitable?
In financial year 2025, GARAGE WILLEMS made a profit of €19,124.
Where can I find the annual accounts of GARAGE WILLEMS?
GARAGE WILLEMS filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE WILLEMS due?
GARAGE WILLEMS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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