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GARTA

Active
Private limited company (pre-2019)founded 196660 yrs activeWeeldestraat 169, 2381 Ravels, BelgiumKBO/BCE: BE 0402.125.673

The file of GARTA contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 0.7% (low). The 2024 annual accounts show negative equity (-€161,576) and a net result of €8,650. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9630 sector peers (fiscal year 2024).

Risk analysisWatch ReportCompare
GARTAActiveChecked score 43/100
Risk analysis ReportCompare

Overview

What they do
Retail trade
NACE 47631Retail trade NACE 47783
#1 oldest company in Ravels, Wholesale and retail trade sector1 site
How big
€196,487total assets 2024
Equity
-€161,576
Profit
€8,650
Turnover not published (abridged schema)
Financially healthy?
43 Weak Checked score 2024
Bankruptcy chance 12 m
0.7%
Who decides
Accounts 63 d overdue0 of 3 deeds read
Why 43- Annual accounts: weaker financial profile- Higher-failure-rate sector- Weak solvency vs sector- Filed more than 90 days late+ Long track recordPrior bankruptcyShow the evidence

Checked score

Score 2024
43 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-15
Solvency0=
Growth58=
Track record85
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.48 in 2023; short-term debt: 182.2% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 60 years 0 70 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-82.2%
Return on assets
4.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9630 sector peers (2024).
NBB · sector comparison
Position among 9630 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-04-2026, 252 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
252 d late
2023
61 d late
2022
423 d late
2021
723 d late
2020
1088 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 445 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Bankruptcy reversalOndernemingsrechtbank Antwerpen, afdeling Turnhout ·…
  3. OpeningOndernemingsrechtbank Antwerpen, afdeling Turnhout ·…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€161,576 View
  • Caution: Among the weakest 5% on solvencysector median 38.5% · 9,630 companies -82.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Active since 1966founded 01-01-1966 60 years View

By topic

Financials

Fiscal year
2024
Total assets
€196,487
Profit
€8,650
Solvency
-82.2%
Total assets▲ 24.1%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 09-04-2026Annual accounts filed
  2. 31-12-2024Bankruptcy reversal
  3. 23-10-2024Opening
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail tradeNACE 47631
Founded
01-01-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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