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MAARS GARAGE

Active
Private limited companyfounded 201016 yrs 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 26064 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
MAARS GARAGEActiveChecked score 39/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811NACE 45113
1 site
Size
€153,028total assets 2024
Equity
€26,153
Profit
€6,478
Financial health
39 Weak Checked score 2024
Bankruptcy chance 12 m
4.7%
Structure
Board
1 member
Accounts 67 d 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%
Better than 47% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
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% (40,158 companies)
Last 24 months 11-2024: 2.5% 12-2024: 3.6%▲ +42.7% vs 11-2024 01-2025: 2.7%▼ -23.8% vs 12-2024 02-2025: 2.7%● 0.0% vs 01-2025 03-2025: 2.7%● 0.0% vs 02-2025 04-2025: 2.7%▲ +1.0% vs 03-2025 05-2025: 2.7%▼ -2.1% vs 04-2025 06-2025: 2.4%▼ -9.7% vs 05-2025 07-2025: 2.6%▲ +6.8% vs 06-2025 08-2025: 3.0%▲ +15.3% vs 07-2025 09-2025: 2.8%▼ -4.4% vs 08-2025 10-2025: 3.2%▲ +11.0% vs 09-2025 11-2025: 3.3%▲ +4.6% vs 10-2025 12-2025: 4.5%▲ +35.1% vs 11-2025 01-2026: 7.9%▲ +77.0% vs 12-2025 02-2026: 7.8%▼ -1.0% vs 01-2026 03-2026: 8.1%▲ +4.0% vs 02-2026highest value 04-2026: 7.5%▼ -7.6% vs 03-2026 05-2026: 2.6%▼ -65.8% vs 04-2026 06-2026: 2.3%▼ -8.8% vs 05-2026 07-2026: 2.3%▼ -0.9% vs 06-2026lowest value 08-2026: 3.3%▲ +40.3% vs 07-2026 09-2026: 3.7%▲ +12.4% vs 08-2026 10-2026: 4.7%▲ +27.2% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 265 days late; 2 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 22-04-2026) raises the probability
  • Founded in 2010 lowers the probability for this profile
  • Liquidity: current ratio 1.11, cash €4,243, halved raises the probability
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 comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 33%, liquidity 17%, profitability 59%, growth against the median 81%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−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
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 22-04-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2010
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 1.11, cash €4,243, halved
In the bankruptcy model this factor raises the probability.
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 d late
2023
151 d late
2022
15 d late
2021
31 d late
2020
61 d late
2019
54 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 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
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. 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 67 d 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. 04-05-2026Resignation: AL-JANAOUI AHMED (director)
  2. 22-04-2026Annual accounts filed
  3. 31-12-2024Back to profit
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

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