GARSOU-ANGENOT

Active

Public limited companyfounded 1964active for 62 yearsRue Abot 5, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 0402.335.214

Summary

GARSOU-ANGENOT has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.5m and a net result of €835,832. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 52% of 1,071 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

GARSOU-ANGENOTActiveChecked score 93/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

3rd fastest staff growth in Thimister-Clermont3 sites

Size

€16.4mturnover 2025

Staff: 51 FTE
Equity: €7.5m
Profit: €835,832

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: Holding G-A · 99.67%

Michel HORNDirector
SPIN 111Director · permanent representative Pierre JOLY

Auditor: HLB NICOLET & C° SRL2025 accounts 53 days early3 of 8 deeds summarised

Why 93raises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1964Profit of €835,832 (financial year 2025)Size: turnover €16.4m, 51 FTE, total assets €17.7mShow the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 71% of its sector peers (NACE 49, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 68+1

equity 42.5% of total assets

Liquidity 54=

short-term debt 18.9% · cash 7.7%

Profitability 75+1

return on assets 4.7%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value

Credit of up to €650,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.34, compared with 1.5 in 2024, below the usual 1.5; short-term debt: 18.9% and cash: 7.7% of total assets), and 57.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 66% on solvency, 85% on liquidity, 72% on profitability and 62% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 1964

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Profit of €835,832 (financial year 2025)

NBB · annual accounts

Size: turnover €16.4m, 51 FTE, total assets €17.7m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

53 days early

2024

55 days early

2023

33 days early

2022

52 days early

2021

16 days late

2020

27 days late

2019

27 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

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 9 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-06-2026 Resignation: DGMH SRL (director)Permanent representative: David GRAITSON ·…
08-06-2026 Annual accounts filedfinancial year 2025 · full…
06-06-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: 3rd fastest staff growth in Thimister-Clermontin the Checked rankings No. 3 View
Positive: 8 profitable years in a rowprofit 2025: €835,832 8 years View
Controlled by Holding G-A 99.67% View
Active since 1964founded 02-03-1964 62 years View
A director leftlatest change 26-06-2026 · 2 in office 1 left View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Turnover: €16.4m
Profit: €835,832
Solvency: 42.5%

Turnover▲ 11.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: Holding G-A · 99.67%
Auditor: HLB NICOLET & C°…

Michel HORNDirector
SPIN 111Director

Go to Board & ownership

Network & group

Connected companies: 1

Go to Network & group

Timeline

Events: 55
Since: 1978
Next accounts: by 31-07-2027

04-02-2025Appointments: SPIN 111 SRL, Michel HORN and…
28-06-2024Annual accounts filed
27-06-2023Reappointment: CDP NICOLET, BERTRAND & C°, RÉVISEURS…

Go to Timeline

Company details

Sites: 3

Legal form: Public limited company
Activity: Freight transport by roadNACE 49410
Founded: 02-03-1964
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about GARSOU-ANGENOT

What is the company number of GARSOU-ANGENOT?: 0402.335.214. In Belgium the VAT number is the company number with BE in front: BE 0402.335.214.
Where is GARSOU-ANGENOT based?: The registered office is at Rue Abot 5, 4890 Thimister-Clermont.Company details
What does GARSOU-ANGENOT do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of GARSOU-ANGENOT?: Public limited company (NV).
When was GARSOU-ANGENOT founded?: On 02-03-1964.
Is GARSOU-ANGENOT still active?: Yes, GARSOU-ANGENOT is an active enterprise in the KBO register.
How many employees does GARSOU-ANGENOT have?: On average 51 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARSOU-ANGENOT?: €16.4m in financial year 2025, according to the filed annual accounts.
Is GARSOU-ANGENOT profitable?: In financial year 2025, GARSOU-ANGENOT made a profit of €835,832.
Where can I find the annual accounts of GARSOU-ANGENOT?: GARSOU-ANGENOT filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARSOU-ANGENOT due?: By 31-07-2027, for financial year 2026.Timeline

Companies related to GARSOU-ANGENOT

Parent and group

Holding G-A99.67%

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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Overview