GARKON
The computed 12-month bankruptcy probability of GARKON is 0.7% (low). The 2024 annual accounts show equity of €4.81M and a net result of €178k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 68% of 112 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.81M |
| Net result | €178k |
| Staff (FTE) | 4.4 |
| Better than sector | 68% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 50.3% | 35.5% | |
| Net result | €178k | €58k | |
| Equity | €4.81M | €174k | |
| Gross operating margin | €453k | €349k | |
| Staff costs | €242k | €214k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €205k |
| Net profit | €178k |
| Cash flow | €199k |
| Staff costs | €242k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €9.57M |
| Equity | €4.81M |
| Debt | €4.76M |
| of which ≤ 1y | €4.75M |
| of which > 1y | - |
| Working capital | €-2.58M |
| Employees (FTE) | 4.4 |
| 2024 | |
|---|---|
| Current ratio | 0.46 |
| Quick ratio | 0.46 |
| Working capital ratio | -27.0% |
| Solvency | 50.3% |
| Debt / equity | 0.99 |
| Long-term debt ratio | - |
| Interest coverage | 509.56 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.9% |
| ROE | 3.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9.57M |
| Fixed assets | 21/28 | €7.40M |
| Tangible fixed assets | 22/27 | €99k |
| Financial fixed assets | 28 | €7.30M |
| Current assets | 29/58 | €2.17M |
| Amounts receivable within one year | 40/41 | €2.06M |
| Cash & bank | 54/58 | €112k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.57M |
| Equity | 10/15 | €4.81M |
| Contributions / capital | 10/11 | €2.91M |
| Reserves | 13 | €1.90M |
| Amounts payable | 17/49 | €4.76M |
| Amounts payable within one year | 42/48 | €4.75M |
| Trade debts payable within one year | 44 | €62k |
| Income statement | ||
| Gross operating margin | 9900 | €453k |
| Operating result | 9901 | €185k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €403 |
| Result before taxes | 9903 | €186k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €178k |
| Result to be appropriated | 9905 | €178k |
| NACE primary | 95311 |
| Legal form | Public limited company(014) |
| Incorporation | 30-12-2020 |
| Status | Active |
| Postal code | 9255 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0947/00F000 | Flanders | 1.8 ha | 1 · 2,654 m² | 6.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-05-2025 Laeremans Frederik resigns as director
- Laeremans Frederik, Bestuurder
Technical details
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"evidence_quote": "Er wordt hem volledige kwijting gegeven voor de uitoefening van zijn mandaat tot op heden.",
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"notary": {
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"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-05-23",
"filing_date": "2025-05-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
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"subject_company": {
"kbo": "0760.682.710",
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"publication_proxy": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GARKON |