Equity
€92,140 ▲ 6.0%
Garret paid out €10,000 in dividends. That is 66% of the 2025 profit.
Garret
Lifetime
3 annual accounts with figures on one time axispeak €54,922 (2023)
€33,243▼ 34.8%
peak €40,623 (2023)
€15,197▼ 55.1%
peak €92,140 (2025)
€92,140▲ 6.0%
€35,801▲ 314%
peak 0 FTE (2025)
0 FTE
Board1 name since 2022
1 director
Documentsfilings and deeds
08-01-202623 days before the deadline
2025abbreviated format
Gross margin from €50,974 to €33,243Result from €33,820 to €15,197Dividend €10,000Debts from €8,640 to €35,801Investments €29,951
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The abbreviated format states no turnover.
Investments
€34,250 2.8 × depreciation
Green is investment, beige is depreciation.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as Garret has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for Garret. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790835258
Incorporation
Founding capital of €12,500, 100 shares · Founder: · Appointment: (director) · published on 19-09-2022 · Gazette deed
First establishment
Priorijhofstraat 21, Bredene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Garret Bredene | €127,940 | €33,243 | 72.0% | 0 |
| Growwwth Puurs-Sint-Amands | €138,419 | €77,856 | 41.5% | 0 |
| COTECHNIX Damme | €109,309 | €35,488 | 47.4% | - |
| G-Talk Poperinge | €106,993 | €23,100 | 9.8% | - |
| Kwartz Harelbeke | €102,982 | €24,969 | 26.3% | - |
| Bureau BoschBerg Antwerp | €172,080 | €72,069 | 74.3% | 0 |
| Strroke Sint-Laureins | €126,995 | €33,375 | 54.2% | - |
These companies have the same main activity as Garret: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €103,000 and €172,000, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 15-09-2022Normal situation
- Activity
- Graphic design and visual communicationNACE 74120and 5 others
- Establishment unit
- 2.335.423.8648450 Bredene, since 15-09-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 13-02-2024
Annual accounts to 30-06-2025
- €127,940▲ 33.9%
- Filing
- Filed on 08-01-2026, 23 days before the end of the filing period
Insights on Garret
Garret files the abbreviated format. That format states no turnover. The gross margin fell from €54,922 in 2023 to €33,243 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Garret
- What is the company number of Garret?
- The company number of Garret is 0790.835.258. The VAT number is the same number with BE in front: BE 0790.835.258.
- Where is Garret based?
- The registered office is at Priorijhofstraat 21, 8450 Bredene.Company details
- What does Garret do?
- According to the KBO register, the main activity is graphic design and visual communication (NACE 74120).
- What is the legal form of Garret?
- Garret is a private limited company (BV).
- When was Garret founded?
- Garret was founded on 15-09-2022.
- Is Garret still active?
- Yes, Garret is an active enterprise in the KBO register.
- What is the turnover of Garret?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €33,243 and 1,231 comparable companies of the same size. It probably lies between €64,000 and €220,000. It is a rough estimate.Financials
- Is Garret profitable?
- In financial year 2025, Garret made a profit of €15,197.
- Where can I find the annual accounts of Garret?
- Garret filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Garret due?
- Garret must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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