GARITTE CLEANING SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of GARITTE CLEANING SOLUTIONS is 3.1% (moderate). The 2024 annual accounts show equity of €16,943 and a net result of €8,423. Its solvency ranks better than 29% of 1078 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,210 | €122 | ▼ 89.9% |
| Other operating charges640/8 | €379 | €2,546 | ▲ 572% |
| Gross operating margin9900 | €10,803 | €15,157 | ▲ 40.3% |
| Operating profit (loss)9901 | €9,214 | €12,489 | ▲ 35.5% |
| Financial income75/76B | €48 | €90 | ▲ 89.1% |
| Recurring financial income75 | €48 | €90 | ▲ 89.1% |
| Financial charges65/66B | €351 | €1,286 | ▲ 266% |
| Recurring financial charges65 | €351 | €1,286 | ▲ 266% |
| Profit (loss) for the period before taxes9903 | €8,911 | €11,293 | ▲ 26.7% |
| Income taxes67/77 | €1,891 | €2,869 | ▲ 51.7% |
| Profit (loss) for the period9904 | €7,019 | €8,423 | ▲ 20.0% |
| Profit (loss) for the period to be appropriated9905 | €7,019 | €8,423 | ▲ 20.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €37,367 | €68,034 | ▲ 82.1% |
| Fixed assets21/28 | - | €540 | - |
| Tangible fixed assets22/27 | - | €540 | - |
| Plant, machinery and equipment23 | - | €540 | - |
| Current assets29/58 | €37,367 | €67,494 | ▲ 80.6% |
| Amounts receivable within one year40/41 | €30,816 | €58,335 | ▲ 89.3% |
| Trade receivables40 | €27,877 | €52,743 | ▲ 89.2% |
| Other amounts receivable41 | €2,939 | €5,593 | ▲ 90.3% |
| Cash at bank and in hand54/58 | €6,551 | €8,811 | ▲ 34.5% |
| Deferred charges and accrued income490/1 | - | €348 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €37,367 | €68,034 | ▲ 82.1% |
| Equity10/15 | €8,519 | €16,943 | ▲ 98.9% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €7,019 | €15,443 | ▲ 120% |
| Amounts payable17/49 | €28,848 | €51,091 | ▲ 77.1% |
| Amounts payable after more than one year17 | €20,126 | €15,141 | ▼ 24.8% |
| Financial debts170/4 | €20,126 | €15,141 | ▼ 24.8% |
| Amounts payable within one year42/48 | €8,721 | €35,950 | ▲ 312% |
| Current portion of amounts payable after more than one year42 | €4,730 | €4,985 | ▲ 5.4% |
| Trade debts44 | €2,100 | €25,411 | ▲ 1,110% |
| Suppliers440/4 | €2,100 | €25,411 | ▲ 1,110% |
| Taxes, remuneration and social security45 | €1,891 | €5,554 | ▲ 194% |
| Taxes450/3 | €1,891 | €4,761 | ▲ 152% |
| Remuneration and social security454/9 | - | €793 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7,019 | €8,423 | ▲ 20.0% |
| + Depreciation and write-downs630 | €1,210 | €122 | ▼ 89.9% |
| Operating cash flow (approximation) | €8,229 | €8,545 | ▲ 3.8% |
| Change in cash | - | €2,260 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0682/00Y006 | Flanders | 859 m² | 1 · 78 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.