Financials
- Financial year
- 2025
- Total assets
- €309,896
- Loss
- -€15,091
- Solvency
- 76.8%
Total assets▼ 5.1%
Net result
20182025
VAN-GI CARS
ActiveSummary
VAN-GI CARS has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,060 and a net result of -€15,091. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 82% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€309,896total assets 2025
- Equity
- €238,060
- Loss
- -€15,091
Turnover not published (micro format)
Structure
- Cokelaere Marijke MagdalenaDirector
- Jacques GistelinckDirector
2025 accounts 45 days early1 of 2 deeds summarised
Why 93raises riskLoss of €15,091, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 3.37, cash €83,061Equity €238,060 (76.8% of total assets)Founded in 1996Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 76.8% of total assets
Liquidity
76+24
short-term debt 21.9% · cash 26.8%
Profitability
33-4
return on assets -4.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.7%● unchanged vs 08-2025highest value
10-2025: 0.7%● unchanged vs 09-2025highest value
11-2025: 0.3%▼ -0.4 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.37, compared with 3.23 in 2024, above the usual 1.5; short-term debt: 21.9% and cash: 26.8% of total assets), and 23.2% of the assets are financed with debt and provisions.
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 43, micro): better than 90% on solvency, 74% on liquidity, 17% on profitability and 28% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€15,091
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
17 days early
2023
13 days early
2022
27 days early
2021
25 days early
2020
16 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€15,091
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- Cokelaere Marijke MagdalenaDirector
- Jacques GistelinckDirector
Timeline
- Events
- 33
- Since
- 1998
- Next accounts
- by 31-07-2027
- 18-07-2024Annual accounts filed
- 31-10-2023Resignation: Jacques Gistelinck (huidige statutaire zaakvoerder)
- 04-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 10-10-1996
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 15
- Who signs
- Each director alone
- Annual meeting
- Fourth Friday of May at 19:00
Key facts about VAN-GI CARS
- What is the company number of VAN-GI CARS?
- 0458.979.452. In Belgium the VAT number is the company number with BE in front: BE 0458.979.452.
- Where is VAN-GI CARS based?
- The registered office is at Kromme Waters 12, 8793 Waregem.Company details
- What does VAN-GI CARS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VAN-GI CARS?
- Private limited company (BV).
- When was VAN-GI CARS founded?
- On 10-10-1996.
- Is VAN-GI CARS still active?
- Yes, VAN-GI CARS is an active enterprise in the KBO register.
- What is the turnover of VAN-GI CARS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is VAN-GI CARS profitable?
- In financial year 2025, VAN-GI CARS made a loss of €15,091.
- Where can I find the annual accounts of VAN-GI CARS?
- VAN-GI CARS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VAN-GI CARS due?
- By 31-07-2027, for financial year 2026.Timeline
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