Financials
- Financial year
- 2025
- Total assets
- €52,536
- Loss
- -€153,427
- Solvency
- -43.0%
Total assets▼ 76.0%
Net result
20192025
GARFIELD'S
ActiveSummary
The computed 12-month bankruptcy probability of GARFIELD'S is 12.0% (high). The 2025 annual accounts show negative equity (-€22,573) and a net result of -€153,427. Equity remains stable across the filed financial years (±0.3% per year). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€52,536total assets 2025
- Equity
- -€22,573
- Loss
- -€153,427
Turnover not published (micro format)
Structure
- Holdings
- 1
Accounts filed 242 days late1 of 2 deeds read
Why 27raises riskLatest accounts 243 days late; 3 of the last 3 lateLoss of €153,427, the second in a row (financial year 2025)Ex-officio strike-off in the KBOlowers riskSize: total assets €52,536Show the evidence
Checked score
Score 2025
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 6% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency
0-85
equity -43.0% of total assets
Liquidity
17-28
short-term debt 63.3% · cash 0.0%
Profitability
0-19
return on assets -292.0%
Bankruptcy probability, 12 months
12.0%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.5%lowest value
12-2024: 4.5%● unchanged vs 11-2024lowest value
01-2025: 4.5%● unchanged vs 12-2024lowest value
02-2025: 4.5%● unchanged vs 01-2025lowest value
03-2025: 4.5%● unchanged vs 02-2025lowest value
04-2025: 4.5%● unchanged vs 03-2025lowest value
05-2025: 8.2%▲ +3.7 percentage points vs 04-2025
06-2025: 8.2%● unchanged vs 05-2025
07-2025: 9.9%▲ +1.7 percentage points vs 06-2025
08-2025: 15.2%▲ +5.3 percentage points vs 07-2025
09-2025: 16.2%▲ +1.0 percentage point vs 08-2025
10-2025: 15.7%▼ -0.5 percentage points vs 09-2025
11-2025: 15.7%● unchanged vs 10-2025
12-2025: 15.7%● unchanged vs 11-2025
01-2026: 15.7%● unchanged vs 12-2025
02-2026: 16.9%▲ +1.2 percentage points vs 01-2026highest value
03-2026: 16.9%● unchanged vs 02-2026highest value
04-2026: 16.9%● unchanged vs 03-2026highest value
05-2026: 16.9%● unchanged vs 04-2026highest value
06-2026: 9.9%▼ -7.0 percentage points vs 05-2026
07-2026: 15.6%▲ +5.7 percentage points vs 06-2026
08-2026: 15.6%● unchanged vs 07-2026
09-2026: 16.7%▲ +1.1 percentage points vs 08-2026
10-2026: 12.0%▼ -4.7 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.0, compared with 1.71 in 2024, below 1; short-term debt: 63.3% and cash: 0% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 11% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€22,573
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-09-2026, 242 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
242 days late
2024
468 days late
2023
522 days late
2022
887 days late
2021
1252 days late
2020
12 days early
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 479 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 filed years within 365 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end14-10-2026 today31-01-2027 deadline
- Strikeout withdrawnevent 30-09-2026
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Daniel Courier (director and manager)Appointment: Frieda Bastiaensen (gedelegeerd bestuurder…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€22,573 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€153,427 View
- Caution: Result fell in 2025from -€4,809 to -€153,427 ▼ 3,090% View
- Caution: Latest accounts filed lateafter the legal deadline 242 days View
- Board changedlatest change 24-06-2026 · 0 in office 1 joined · 1 left View
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 41
- Since
- 1988
- Next accounts
- by 31-01-2027
- 14-05-2026Annual accounts filed
- 06-07-2025Annual accounts filed
- 06-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 27-08-1986
- Year ends
- 30-06
- Peppol
- Not found in the Peppol directory
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