Financials
- Fiscal year
- 2022
- Total assets
- €92,309
- Profit
- €9,663
- Solvency
- -4.4%
Total assets▲ 11.9%
Net result
20212022
GARCIN
ActiveSummary
The computed 12-month bankruptcy probability of GARCIN is 13.8% (high). For GARCIN, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€4,089) and a net result of €9,663. Its solvency ranks better than 25% of 16,679 sector peers (NACE 56, fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€92,309total assets 2022
- Equity
- -€4,089
- Profit
- €9,663
Turnover not published (abridged schema)
Financial health
- Bankruptcy probabilitywithin 12 months
- 13.8%
2022 figures too old to score
Structure
Accounts 799 days overdue0 of 2 deeds read
Signals- 3 financial years not filed after the legal deadline; latest accounts 427 days late; 2 of the last 3 late- Figures for FY 2022 (filed 03-10-2024)- Size: total assets €92,309- Two or more financial years not filed- Filed more than 90 days late+ Liquidity: current ratio 0.76, cash €29,893Show the evidence
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency
21-15
equity -4.4% of total assets
Liquidity
65+1
short-term debt 50.3% · cash 32.4%
Profitability
82+82
return on assets 10.5%
Bankruptcy probability, 12 months
13.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 9.2%lowest value
12-2024: 10.7%▲ +1.5 percentage points vs 11-2024
01-2025: 13.0%▲ +2.3 percentage points vs 12-2024
02-2025: 13.0%● unchanged vs 01-2025
03-2025: 13.1%▲ +0.1 percentage points vs 02-2025
04-2025: 12.1%▼ -1.0 percentage point vs 03-2025
05-2025: 12.1%● unchanged vs 04-2025
06-2025: 12.0%▼ -0.1 percentage points vs 05-2025
07-2025: 12.0%● unchanged vs 06-2025
08-2025: 14.0%▲ +2.0 percentage points vs 07-2025highest value
09-2025: 14.0%● unchanged vs 08-2025highest value
10-2025: 14.0%● unchanged vs 09-2025
11-2025: 14.0%● unchanged vs 10-2025
12-2025: 14.0%● unchanged vs 11-2025
01-2026: 14.0%● unchanged vs 12-2025
02-2026: 14.0%● unchanged vs 01-2026
03-2026: 14.0%● unchanged vs 02-2026
04-2026: 14.0%● unchanged vs 03-2026
05-2026: 14.0%● unchanged vs 04-2026
06-2026: 14.0%● unchanged vs 05-2026
07-2026: 14.0%● unchanged vs 06-2026
08-2026: 13.3%▼ -0.7 percentage points vs 07-2026
09-2026: 13.3%● unchanged vs 08-2026
10-2026: 13.8%▲ +0.5 percentage points vs 09-2026
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Signals
Six signals.
−lowers risk+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline08-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2024, 427 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
427 days late
2021
191 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 309 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2022 · micro…
- Annual accounts filedfiscal year 2021 · micro…
- Back to profitnet €9,663
Key points
By topic
Timeline
- Events
- 3
- Since
- 2022
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 29-07-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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