GARREIN IGNACE
ActiveSummary
GARREIN IGNACE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€281,614) and a net result of -€1,944. Equity has been stable since 2018 (±2% per year). Its solvency ranks better than 5% of 5,897 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 05-09-1986 Normal situation
- Activity
- Freight transport by road NACE 49410
- Joint committee
- 140 Paritair Comité voor het vervoer en de logistiek · annual accounts 2025
- Establishment unit
- 2.036.375.933 8660 De Panne, since 29-09-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 09-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €109,754
- ▼ 20.7%
- Turnover
- ≈ €280,000
- estimated
- Loss
- €1,944
- Equity
- -€281,614
- ▼ 0.7%
- Total assets
- €126,930
- ▼ 8.4%
- Employees on 31-12-2025
- 1
- =
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€281,614Sector: Land transport and transport via pipelines (NACE 49)lowers riskSize: total assets €126,930Founded in 1986Show the evidence
Checked score
About 1 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 49, micro). It does better than 5% of them on solvency, 15% on liquidity, 38% on profitability and 35% on growth.
The bankruptcy probability was computed on 03-11-2026 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 7 accounts on average 51 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GARREIN IGNACE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €114,000 and €177,000, founded between 1980 and 1997.
| Company | Total assets | Gross margin |
|---|---|---|
| GARREIN IGNACE De Panne | €126,930 | €109,754 |
| LES ETABLISSEMENTS HECQ Jette | €118,838 | €126,829 |
| GEOTRA Etterbeek | €158,771 | €110,570 |
| WHESTY Sint-Lambrechts-Woluwe | €133,430 | €102,050 |
| TRANSPORT V.V.S. Izegem | €176,542 | €81,283 |
| Kris DE RESE TRANSPORT Oostende | €117,784 | €64,288 |
| TRADES Anzegem | €113,615 | €146,239 |
Key facts about GARREIN IGNACE
- What is the company number of GARREIN IGNACE?
- The company number of GARREIN IGNACE is 0429.478.287. The VAT number is the same number with BE in front: BE 0429.478.287.
- Where is GARREIN IGNACE based?
- The registered office is at Maerestraat 6, 8660 De Panne.Company details
- What does GARREIN IGNACE do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of GARREIN IGNACE?
- The legal form of GARREIN IGNACE is Private limited company (pre-2019) (BVBA).
- When was GARREIN IGNACE founded?
- GARREIN IGNACE was founded on 05-09-1986.
- Is GARREIN IGNACE still active?
- Yes, GARREIN IGNACE is an active enterprise in the KBO register.
- How many employees does GARREIN IGNACE have?
- GARREIN IGNACE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GARREIN IGNACE fall under?
- In its 2025 annual accounts, GARREIN IGNACE states joint committee 140 (Paritair Comité voor het vervoer en de logistiek).
- What is the turnover of GARREIN IGNACE?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €109,754 and 65 comparable companies (NACE 49410). It probably lies between €240,000 and €380,000.
- Is GARREIN IGNACE profitable?
- In financial year 2025, GARREIN IGNACE made a loss of €1,944.
- Where can I find the annual accounts of GARREIN IGNACE?
- GARREIN IGNACE filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GARREIN IGNACE due?
- GARREIN IGNACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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