Skip to content

MAARS GARAGE

Active
Private limited companyfounded 201016 years activeMichel Willemsplein 8, 2610 Antwerpen, BelgiumKBO/BCE: BE 0823.136.060
Summary

The computed 12-month bankruptcy probability of MAARS GARAGE is 4.7% (elevated). The 2024 annual accounts show equity of €26,153 and a net result of €6,478. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 26,062 sector peers (NACE 47, fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€153,028total assets 2024
Equity
€26,153
Profit
€6,478
Financial health
39 Weak Checked score 2024
Bankruptcy probability, 12 months
4.7%
Structure
Board
1 member
Accounts 68 days overdue1 of 11 deeds read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 265 days late; 2 of the last 3 late- Figures for FY 2024 (filed 22-04-2026)- Liquidity: current ratio 1.11, cash €4,243, halved+ Founded in 2010Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 47% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 42-7
equity 17.1% of total assets
Liquidity 18-6
short-term debt 66.6% · cash 2.8%
Profitability 74+69
return on assets 4.2%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 2.5% 12-2024: 3.6%▲ +1.1 percentage points vs 11-2024 01-2025: 2.7%▼ -0.9 percentage points vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.4%▼ -0.3 percentage points vs 05-2025 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 3.0%▲ +0.4 percentage points vs 07-2025 09-2025: 2.8%▼ -0.2 percentage points vs 08-2025 10-2025: 3.2%▲ +0.4 percentage points vs 09-2025 11-2025: 3.3%▲ +0.1 percentage points vs 10-2025 12-2025: 4.5%▲ +1.2 percentage points vs 11-2025 01-2026: 7.9%▲ +3.4 percentage points vs 12-2025 02-2026: 7.8%▼ -0.1 percentage points vs 01-2026 03-2026: 8.1%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 7.5%▼ -0.6 percentage points vs 03-2026 05-2026: 2.6%▼ -4.9 percentage points vs 04-2026 06-2026: 2.3%▼ -0.3 percentage points vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026lowest value 08-2026: 3.3%▲ +1.0 percentage point vs 07-2026 09-2026: 3.7%▲ +0.4 percentage points vs 08-2026 10-2026: 4.7%▲ +1.0 percentage point vs 09-2026
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.3 in 2023; short-term debt: 66.6% and cash: 2.8% of total assets), and 82.9% of the assets are financed with debt.
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 47, micro): better than 33% on solvency, 17% on liquidity, 59% on profitability and 81% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 265 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 22-04-2026)
NBB · annual accounts
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.11, cash €4,243, halved
NBB · annual accounts
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 22-04-2026, 265 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
265 days late
2023
151 days late
2022
15 days late
2021
31 days late
2020
61 days late
2019
54 days 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 96 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
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: AL-JANAOUI AHMED (director)Appointment: AL-JANAOUI OMAR (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €6,478

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: Board changedlatest change 04-05-2026 · 1 in office 1 joined · 1 left View
  • Total assets 20246 fiscal years filed €153,028 View

By topic

Financials

Fiscal year
2024
Total assets
€153,028
Profit
€6,478
Solvency
17.1%
Turnover▼ 2.0%
Net result
20202021
Go to Financials

Timeline

Events
15
Since
2013
  1. 29-12-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 15-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
12-02-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.