GÜNAY
ActiveSummary
GÜNAY has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €38,815 and a net result of €4,889. Equity is growing by ~79.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 3543 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-13
Solvency44▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.26 in 2023; short-term debt: 80.7% and cash: 5.4% of total assets), and 80.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
19.3%
Return on assets
2.4%
Age of the figures
21 mo
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 02-12-2025, 124 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
226 d late
2022
154 d late
2021
459 d late
2020
287 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 229 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)
History
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Financials · fiscal year 2024, micro schema
Turnover
€38,478
EBIT margin
-65.3%
Net result
€4,889▼ 70.9%
2023 · €16,788
Working capital
€11,944▼ 50.5%
2023 · €24,152
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€2,500€6,904▲ 176%€15,130▲ 119%€18,400▲ 21.6%€17,813▼ 3.2%
Net result€2,444within the sector's middle half€6,618within the sector's middle half▲ 171%€14,609within the sector's middle half▲ 121%€16,788within the sector's middle half▲ 14.9%€4,889within the sector's middle half▼ 70.9%
EBIT margin
Equity-€4,089below the sector's middle half▲ 58.8%€2,529below the sector's middle half€17,138within the sector's middle half▲ 578%€33,926within the sector's middle half▲ 98.0%€38,815within the sector's middle half▲ 14.4%
Total assets€49,236below the sector's middle half▼ 13.7%€76,463within the sector's middle half▲ 55.3%€114,688within the sector's middle half▲ 50.0%€127,180within the sector's middle half▲ 10.9%€200,832within the sector's middle half▲ 57.9%
Debt€53,325▼ 20.4%€73,934▲ 38.6%€97,550▲ 31.9%€93,254▼ 4.4%€162,017▲ 73.7%
Working capital-€23,741below the sector's middle half▲ 32.9%-€7,360within the sector's middle half▲ 69.0%€6,502within the sector's middle half€24,152within the sector's middle half▲ 271%€11,944within the sector's middle half▼ 50.5%
Solvency-8.3%below the sector's middle half▲ 9.1pp3.3%below the sector's middle half▲ 11.6pp14.9%within the sector's middle half▲ 11.6pp26.7%within the sector's middle half▲ 11.7pp19.3%within the sector's middle half▼ 7.3pp
Current ratio0.55below the sector's middle half▲ 0.080.90within the sector's middle half▲ 0.351.07within the sector's middle half▲ 0.171.26within the sector's middle half▲ 0.191.07within the sector's middle half▼ 0.19
Return on assets (ROA)5.0%within the sector's middle half▲ 49.0pp8.7%within the sector's middle half▲ 3.7pp12.7%above the sector's middle half▲ 4.1pp13.2%within the sector's middle half▲ 0.5pp2.4%within the sector's middle half▼ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200,832
Fixed assets
€26,871 ▲ 175%
Current assets
€173,962 ▲ 48.2%
Equity and liabilities €200,832
Equity
€38,815 ▲ 14.4%
Debt
€162,017 ▲ 73.7%
Debt's share of the balance-sheet total rises from 73.3% to 80.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,006▲
2023 · €19,261
Cash flow
€8,083▼
2023 · €17,649
Quick ratio
0.23▲
2023 · 0.19
Debt to equity
4.17▲
2023 · 2.75
ROE
12.6%▼
2023 · 49.5%
Interest coverage
21.78▲
2023 · 11.79
Debt ≤ 1 year
€162,017▲
2023 · €93,254
Income taxes
€11,960
Staff costs
€23,873▲
2023 · €19,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37 | €2,129 | €14,676 | €19,856 | €23,873 | ▲ 20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,977 | €10,496 | €1,653 | €862 | €3,194 | ▲ 271% |
| Other operating charges640/8 | €776 | €482 | €4,862 | €955 | €978 | ▲ 2.4% |
| Non-recurring operating charges66A | - | - | - | - | €16,439 | - |
| Gross operating margin9900 | €13,290 | €20,012 | €36,321 | €40,072 | €62,296 | ▲ 55.5% |
| Operating profit (loss)9901 | €2,500 | €6,904 | €15,130 | €18,400 | €17,813 | ▼ 3.2% |
| Financial income75/76B | - | €0 | €1 | €21 | €1 | ▼ 93.8% |
| Recurring financial income75 | - | €0 | €1 | €21 | €1 | ▼ 93.8% |
| Financial charges65/66B | €56 | €287 | €301 | €1,633 | €965 | ▼ 40.9% |
| Recurring financial charges65 | €56 | €287 | €301 | €1,633 | €965 | ▼ 40.9% |
| Profit (loss) for the period before taxes9903 | €2,444 | €6,618 | €14,829 | €16,788 | €16,849 | ▲ 0.4% |
| Income taxes67/77 | - | - | €220 | - | €11,960 | - |
| Profit (loss) for the period9904 | €2,444 | €6,618 | €14,609 | €16,788 | €4,889 | ▼ 70.9% |
| Profit (loss) for the period to be appropriated9905 | €2,444 | €6,618 | €14,609 | €16,788 | €4,889 | ▼ 70.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49,236 | €76,463 | €114,688 | €127,180 | €200,832 | ▲ 57.9% |
| Fixed assets21/28 | €20,385 | €9,889 | €10,636 | €9,774 | €26,871 | ▲ 175% |
| Tangible fixed assets22/27 | €13,085 | €2,589 | €3,336 | €2,474 | €18,471 | ▲ 647% |
| Plant, machinery and equipment23 | €10,052 | €856 | €2,902 | €2,474 | €7,221 | ▲ 192% |
| Furniture and vehicles24 | €3,033 | €1,733 | €433 | - | €11,250 | - |
| Financial fixed assets28 | €7,300 | €7,300 | €7,300 | €7,300 | €8,400 | ▲ 15.1% |
| Current assets29/58 | €28,851 | €66,574 | €104,052 | €117,406 | €173,962 | ▲ 48.2% |
| Stocks and contracts in progress3 | €23,484 | €43,993 | €69,879 | €100,065 | €136,523 | ▲ 36.4% |
| Stocks30/36 | €23,484 | €43,993 | €69,879 | €100,065 | €136,523 | ▲ 36.4% |
| Amounts receivable within one year40/41 | €3,588 | €3,622 | €21,237 | €10,297 | €24,883 | ▲ 142% |
| Trade receivables40 | €3,588 | €3,622 | €21,237 | €4,143 | €6,738 | ▲ 62.7% |
| Other amounts receivable41 | - | - | - | €6,154 | €18,145 | ▲ 195% |
| Cash at bank and in hand54/58 | €1,779 | €18,915 | €12,936 | €5,744 | €10,861 | ▲ 89.1% |
| Deferred charges and accrued income490/1 | - | €44 | - | €1,300 | €1,695 | ▲ 30.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49,236 | €76,463 | €114,688 | €127,180 | €200,832 | ▲ 57.9% |
| Equity10/15 | -€4,089 | €2,529 | €17,138 | €33,926 | €38,815 | ▲ 14.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€22,689 | -€16,071 | -€1,462 | €15,326 | €20,215 | ▲ 31.9% |
| Amounts payable17/49 | €53,325 | €73,934 | €97,550 | €93,254 | €162,017 | ▲ 73.7% |
| Amounts payable within one year42/48 | €52,592 | €73,934 | €97,550 | €93,254 | €162,017 | ▲ 73.7% |
| Trade debts44 | €17,040 | €33,740 | €33,126 | €22,834 | €66,091 | ▲ 189% |
| Suppliers440/4 | €17,040 | €33,740 | €33,126 | €22,834 | €66,091 | ▲ 189% |
| Taxes, remuneration and social security45 | €4,812 | €5,753 | €16,494 | €6,532 | €11,156 | ▲ 70.8% |
| Taxes450/3 | €4,812 | €4,899 | €15,093 | €4,041 | €5,549 | ▲ 37.3% |
| Remuneration and social security454/9 | - | €855 | €1,400 | €2,491 | €5,607 | ▲ 125% |
| Other amounts payable47/48 | €30,739 | €34,440 | €47,930 | €63,888 | €84,771 | ▲ 32.7% |
| Accrued charges and deferred income492/3 | €733 | - | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,444 | €6,618 | €14,609 | €16,788 | €4,889 | ▼ 70.9% |
| + Depreciation and write-downs630 | €9,977 | €10,496 | €1,653 | €862 | €3,194 | ▲ 271% |
| Operating cash flow (approximation) | €12,421 | €17,114 | €16,262 | €17,649 | €8,083 | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | €0 | -€2,400 | €0 | -€20,291 | - |
| Change in cash | - | €17,135 | -€5,979 | -€7,192 | €5,117 | ▲ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 226 days late
2024
01-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 154 days late
2023
31-12
Financial
Highest result since 2019net €16,788 ▲14.9%
Operating result €18,400, net result €16,788, both a record.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 459 days late
2022
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 287 days late
2020
31-12
Financial
Back to profitnet €2,444
Net result €2,444 after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2019
Ground area
451 m²
Building footprint
338 m²
Volume, LiDAR
3,209 m³
Parcel 23069A0288/00K002, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GÜNAY
since 20192.286.480.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0288/00K002 | Flanders | 451 m² | 1 · 338 m² | 15.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,204 companies in sector 95316 we hold annual accounts for 754. 558 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
95315Tyre services
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
Contact
Phone
0495208011Sint-Pieters-Leeuw
E-invoicing
Reachable via Peppol
Peppol ID
0208:0722751354
Also
9925:BE0722751354
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.