GARFER
ActiveSummary
The computed 12-month bankruptcy probability of GARFER is 2.6% (moderate). The 2024 annual accounts show negative equity (-€8,646) and a net result of -€8,513. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 04-03-2009 Normal situation
- Activity
- Painting of buildings NACE 43341and 1 other
- Establishment unit
- 2.186.881.034 1000 Brussel, since 08-04-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
- Turnover
- €68,820
- ▼ 34.6%
- Loss
- €8,513
- ▼ 26.3%
- Equity
- -€8,646
- ▼ 6,376%
- Total assets
- €4,986
- ▼ 70.5%
- Negative equity on 31-12-2024
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)Liquidity: current ratio 0.32, cash €60, halvedlowers riskSize: turnover €68,820, total assets €4,986Founded in 2009Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 3% of them on solvency, 3% on liquidity, 10% on profitability and 7% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 6 accounts on average 13 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2024 -€8,646 View
- Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.6% · 35,969 companies -173.4% View
- Caution: 2 loss-making years in a rowloss in financial year 2024 -€8,513 View
- Board changedlatest change 06-01-2026 · 2 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Transfer of 90 sharesResignation: Garcia David (manager) · Appointment: DRAOUI Rachid (manager)
- · Gazette deed Resignations & appointments
- · Gazette deed Change of role: GARCIA FERNANDEZ David, from manager to director
Comparable companies
These companies have the same main activity as GARFER: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €3,630 and €7,040, founded between 1999 and 2006.
| Company | Total assets | Gross margin |
|---|---|---|
| GARFER Hélécine | €4,986 | -€661 |
| PAQUE JOHNNY Tongeren-Borgloon | €5,993 | -€11,899 |
| PELSMAEKERS Sint-Joost-ten-Node | €7,043 | -€6,095 |
| LUDO LAUWERS Sint-Niklaas | €3,625 | -€4,392 |
| ASTUCES ET FINITIONS Oudergem | €6,878 | €708 |
| PIERRE LETELLIER Antoing | €5,048 | €1,719 |
| SCHOONJANS GUNTER Geel | €5,905 | €1,735 |
Key facts about GARFER
- What is the company number of GARFER?
- The company number of GARFER is 0810.200.121. The VAT number is the same number with BE in front: BE 0810.200.121.
- Where is GARFER based?
- The registered office is at Rue de la Pistraete, Neerh. 1, 1357 Hélécine.Company details
- What does GARFER do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of GARFER?
- The legal form of GARFER is Private limited company (BV).
- When was GARFER founded?
- GARFER was founded on 04-03-2009.
- Is GARFER still active?
- Yes, GARFER is an active enterprise in the KBO register.
- What is the turnover of GARFER?
- The turnover of GARFER was €68,820 in financial year 2024, according to the filed annual accounts.Financials
- Is GARFER profitable?
- In financial year 2024, GARFER made a loss of €8,513.
- Where can I find the annual accounts of GARFER?
- GARFER filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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