PICARD
ActiveSummary
The computed 12-month bankruptcy probability of PICARD is 2.0% (moderate). The 2025 annual accounts show equity of €3.2m and a net result of -€97,528. Equity grew by about 3.6% per year on average since 2019. In 2025 it fell by 2.9%. Its solvency ranks better than 30% of 5,049 sector peers (NACE 47, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 3 others
- Joint committees
- 112 Garages
- 200 Auxiliary committee for white-collar workers · annual accounts 30-06-2023
- Establishment units
- 2.003.237.763 6900 Marche-en-Famenne, since 01-11-1961
- 2.148.137.749 6922 Wellin, since 01-01-1995and 5 others
- Financial year end
- 30 June
- Peppol
- Reachable since 29-12-2025
Board and ownership
- PICARD Alain AndréManaging director
- PICARD Bernard André CharlesManaging director
- PICARD Daniel Georges JosephManaging director
- Auditor
- REMON & CO
- PICARD Daniel Georges Joseph2,380 sharesdeed of 15-07-2025
- La communauté de biens existant entre Monsieur PICARD Bernard André Charles et son épouse, Madame PASAU Dominique Michelle Nelly Andrée Ghislaine2,380 sharesdeed of 15-07-2025
- PICARD Alain André2,380 sharesdeed of 15-07-2025
- Holdings
- Shares in 2 companies GROUPE PICARD A.B.C. and MANUEL LLORENS
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Turnover
- €41.6m
- ▲ 149%
- Loss
- €97,528
- Equity
- €3.2m
- ▼ 2.9%
- Total assets
- €16.9m
- ▲ 41.6%
- Employees on 30-06-2025
- 81
- ▲ 252%
Score breakdownraises riskLiquidity: current ratio 0.64, cash €144,308Equity €3.2m (19.0% of total assets)1 change of registered office in 24 monthsSector: Retail trade (NACE 47)Show the evidence
Checked score
About 2 in 100 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 47, medium-sized). It does better than 40% of them on solvency, 24% on liquidity, 26% on profitability and 65% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €184,446 in 2024 -€97,528 View
- Positive: Fastest staff growth in the province of Luxembourgin the Checked rankings No. 1 View
- 2 restructurings since 2024latest: merger with Manuel LLORENS 2 View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Appointment: REMON & CO (statutory auditor)
- · Gazette deed Registered office moved from Marche-en-Famenne to BastogneNew registered office: Route de Marche 139-6600 Bastogne · Previous registered office: Marche, Boucle de la Famenne 14-6900 Marche-en-Famenne
- · Gazette deed Merger: Etablissements LEUNEN et Cie takes over Manuel LLORENSPICARD Daniel Georges Joseph holds 2,380 shares · La communauté de biens existant entre Monsieur PICARD Bernard André Charles et son épouse, Madame PASAU Dominique Michelle Nelly Andrée Ghislaine holds 2,380 shares · PICARD Alain André holds 2,380 shares
Comparable companies
These companies have the same main activity as PICARD: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €14m and €22m, founded between 1952 and 1979.
| Company | Total assets | Turnover |
|---|---|---|
| PICARD Bastogne | €16.9m | €41.6m |
| AB LENS MOTOR Grâce-Hollogne | €14.5m | €46.7m |
| LOUYET LIEGE Liège | €20.3m | €38.8m |
| GARAGE VANDECASTEELE Kortrijk | €18.1m | €57.9m |
| Louyet Verviers Verviers | €13.8m | €37.1m |
| ETABLISSEMENTS FELIX SPIRLET FILS Verviers | €21.6m | €34.4m |
| G. Lambert & Co Namur | €15.6m | €44.8m |
Key facts about PICARD
- What is the company number of PICARD?
- The company number of PICARD is 0404.364.789. The VAT number is the same number with BE in front: BE 0404.364.789.
- Where is PICARD based?
- The registered office is at Rue de Marche 139, 6600 Bastogne.Company details
- What does PICARD do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of PICARD?
- PICARD is a public limited company (NV).
- When was PICARD founded?
- PICARD was founded on 01-01-1968.
- Is PICARD still active?
- Yes, PICARD is an active enterprise in the KBO register.
- How many employees does PICARD have?
- PICARD had an average of 68.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PICARD fall under?
- In its 30-06-2023 annual accounts, PICARD states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PICARD?
- The turnover of PICARD was €41.6m in financial year 2025, according to the filed annual accounts.
- Is PICARD profitable?
- In financial year 2025, PICARD made a loss of €97,528.
- Where can I find the annual accounts of PICARD?
- PICARD filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PICARD due?
- PICARD must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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