GWD
ActiveSummary
GWD has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,661 and a net result of €74,626. Equity has been growing by about 28% per year since 2022. Its solvency ranks better than 86% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-12-2021 Normal situation
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 8 others
- Joint committee
- 112 Paritair Comité voor het garagebedrijf · annual accounts 2025
- Establishment unit
- 2.326.245.684 8540 Deerlijk, since 29-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €158,313
- ▲ 15.4%
- Turnover
- ≈ €480,000
- estimated
- Profit
- €74,626
- ▲ 53.0%
- Equity
- €218,661
- ▲ 12.7%
- Total assets
- €284,707
- ▲ 2.0%
- Staff
- 0.8 FTE
- ▼ 20.0%
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLast filed accounts filed 55 days late; 1 of the last 3 accounts lateFounded in 2021lowers riskLiquidity: current ratio 6.38, cash €189,918Equity €218,661 (76.8% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 95, micro). It does better than 92% of them on solvency, 95% on liquidity, 94% on profitability and 58% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 9 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 91% of companies in repair of computers and personal goodssector median €8,472 · 3,297 companies €74,626 View
Recent changes
- · Gazette deed Incorporation · Founder
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GWD: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €247,000 and €333,000, founded between 2020 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| GWD Deerlijk | €284,707 | €158,313 |
| Garage Franck Turnhout | €268,385 | €145,021 |
| GLA TRANSMISSION Mons | €322,970 | €164,592 |
| GARAGE ADAMS MINDERHOUT Hoogstraten | €316,694 | €146,311 |
| AVL CONCEPT Amay | €246,798 | €142,322 |
| GARAGE MICHAEL JASSOGNE Andenne | €301,125 | €148,847 |
| MARIN MOTOR Trois-Ponts | €333,349 | €169,343 |
Key facts about GWD
- What is the company number of GWD?
- The company number of GWD is 0779.490.218. The VAT number is the same number with BE in front: BE 0779.490.218.
- Where is GWD based?
- The registered office is at Kerkstraat 145, 8540 Deerlijk.Company details
- What does GWD do?
- According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
- What is the legal form of GWD?
- The legal form of GWD is Private limited company (BV).
- When was GWD founded?
- GWD was founded on 29-12-2021.
- Is GWD still active?
- Yes, GWD is an active enterprise in the KBO register.
- How many employees does GWD have?
- GWD had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GWD fall under?
- In its 2025 annual accounts, GWD states joint committee 112 (Paritair Comité voor het garagebedrijf).
- What is the turnover of GWD?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €158,313 and 44 comparable companies (NACE 953). It probably lies between €380,000 and €640,000.
- Is GWD profitable?
- In financial year 2025, GWD made a profit of €74,626.
- Where can I find the annual accounts of GWD?
- GWD filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GWD due?
- GWD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.