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GARSOU

Active
Public limited companyfounded 1990active for 36 yearsLes Digues 5, 4910 Theux, BelgiumKBO/BCE: BE 0441.206.082
Summary

GARSOU has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €986,396 and a net result of €2,579, of which €5,201 non-recurring income. Equity has been growing by about 3.4% per year since 2018. Its solvency ranks better than 82% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-06-1990 Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 2 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.049.737.583 4910 Theux, since 01-10-1990
Financial year end
31 December
Peppol
Reachable since 15-10-2025

Board and ownership

Board
and 1 other
Shareholders
  • SPRIMOTOIT· score 812025 annual accounts of SPRIMOTOIT

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€339,088
▲ 10.4%
Turnover
≈ €1.8m
estimated
Profit
€2,579
▼ 80.2%
Equity
€986,396
▲ 0.3%
Total assets
€1.4m
▲ 10.7%
Employees on 31-12-2025
8
▲ 14.3%
  • 2025 accounts filed 28 days after the deadline
Filed on 28-08-2026
Score breakdownraises riskSector: Retail trade (NACE 47)Size: 7.6 FTE, total assets €1.4mlowers riskFounded in 1990Equity €986,396 (70.4% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 95-5
equity 70.4% of total assets
Liquidity 42-5
short-term debt 25.5% · cash 1.4%
Profitability 43+1
return on assets 0.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.2 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.42 (4.47 in 2024), above the usual 1.5. Short-term debt is 25.5% and cash 1.4% of total assets. 29.6% of the assets are financed with debt and provisions.
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 47, micro). It does better than 81% of them on solvency, 40% on liquidity, 32% on profitability and 40% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: 7.6 FTE, total assets €1.4m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €986,396 (70.4% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
on the day
2023
33 days early
2022
32 days early
2021
25 days early
2020
26 days late
2019
83 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th largest company by equity in Theux, Wholesale and retail trade sectorin the Checked rankings No. 8 View
  • Positive: 8 profitable years in a rowprofit 2025: €2,579, mostly one-off 8 years View

Recent changes

  1. · Gazette deed Demerger: S.A. GARSOU splits off to IMMO GARSOUCapital increase of €5,710.65 to €61,500 · Reappointments: GARSOU Bernard Yvan Flore Ghislain (director) and GARSOU Vincent Gilbert Marcel Ghislain (director) · Appointment: SPRIMOTOIT (director)
  2. · Gazette deed Demerger proposal: GARSOU splits off to IMMO GARSOU
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as GARSOU: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €1m and €1.9m, founded between 1988 and 1998.

CompanyTotal assetsGross margin
GARSOU Theux€1.4m€0.3m
NEW PUBLIRIK Lokeren€1.4m€0.4m
WINTEK Tienen€1.3m€0.5m
PITTIE S.A. BRICO JARDIN Aubel€1.9m€0.4m
SODEBEL Liège€1.0m€0.2m
BRICOMA Eupen€1.5m€0.4m
GENERAL SERVICES BEVEREN Beveren-Kruibeke-Zwijndrecht€1.3m€0.3m
Full comparison

Key facts about GARSOU

What is the company number of GARSOU?
The company number of GARSOU is 0441.206.082. The VAT number is the same number with BE in front: BE 0441.206.082.
Where is GARSOU based?
The registered office is at Les Digues 5, 4910 Theux.Company details
What does GARSOU do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of GARSOU?
The legal form of GARSOU is Public limited company (NV).
When was GARSOU founded?
GARSOU was founded on 29-06-1990.
Is GARSOU still active?
Yes, GARSOU is an active enterprise in the KBO register.
How many employees does GARSOU have?
GARSOU had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GARSOU fall under?
In its 2025 annual accounts, GARSOU states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of GARSOU?
The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €339,088 and 34 comparable companies (NACE 475). It probably lies between €1.2m and €2.7m.
Is GARSOU profitable?
In financial year 2025, GARSOU made a profit of €2,579.
Where can I find the annual accounts of GARSOU?
GARSOU filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARSOU due?
GARSOU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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