Financials
- Fiscal year
- 2025
- Total assets
- €532,288
- Profit
- €51,691
- Solvency
- 83.1%
Total assets▼ 9.5%
Net result
20182025
GARCAR
ActiveSummary
GARCAR has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €442,354 and a net result of €51,691. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 89% of 2830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311NACE 45113NACE 45201
#9 company by equity in Ostend, Other services sector1 site
Size
€532,288total assets 2025
- Staff
- 1 FTE
- Equity
- €442,354
- Profit
- €51,691
Turnover not published (abridged schema)
Structure
Accounts 3 d early0 of 2 deeds read
Why 97- Sector Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)+ Liquidity: current ratio 7.79, cash €185,680+ Equity €442,354 (83.1% of total assets)+ Founded in 2009Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 77% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+8
equity 83.1% of total assets
Liquidity
93-5
short-term debt 10.6% · cash 34.9%
Profitability
81-1
return on assets 9.7%
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).
Last 4 months
07-2026: < 0.1%highest value
08-2026: < 0.1%▼ -4.3% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 7.79, cash €185,680 lowers the probability
- Equity €442,354 (83.1% of total assets) lowers the probability
- Founded in 2009 lowers the probability for this profile
- Sector Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95) raises the probability
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 7.79 against 6.41 in 2024; short-term debt: 10.6% and cash: 34.9% of total assets), and 16.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 92%, liquidity 91%, profitability 65%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €442,354
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
65 d early
2023
51 d early
2022
11 d early
2021
45 d early
2020
47 d early
2019
25 d early
← 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 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 June (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-07-2026Annual accounts filed
- 27-05-2025Annual accounts filed
- 10-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General maintenance and repair of cars and light…NACE 95311
- Founded
- 11-06-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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