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Garage Aerts

Active
Private limited companyfounded 2012active for 13 yearsHulsterweg 3, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0501.827.124
Summary

Garage Aerts has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,384 and a net result of €6,508. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 26% of 3,308 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-12-2012 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 3 others
Joint committee
112 Garages · annual accounts 2025
Establishment unit
2.214.767.643 3980 Tessenderlo-Ham, since 02-01-2013
Financial year end
31 December
Peppol
Reachable since 02-04-2025

Board and ownership

Board
Shareholders

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€49,895
▼ 29.9%
Turnover
≈ €160,000
estimated
Profit
€6,508
▼ 77.3%
Equity
€47,384
▲ 15.9%
Total assets
€402,939
▼ 3.8%
Score breakdownraises riskEquity €47,384 (11.8% of total assets)Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskSize: total assets €402,939Founded in 2012Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 37+2
equity 11.8% of total assets
Liquidity 63+7
short-term debt 27.1% · cash 19.1%
Profitability 71-6
return on assets 1.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.3%● unchanged vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 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: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (0.96 in 2024), below the usual 1.5. Short-term debt is 27.1% and cash 19.1% of total assets. 88.2% of the assets are financed with debt and provisions.
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 24% of them on solvency, 64% on liquidity, 43% on profitability and 63% 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €402,939
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €47,384 (11.8% of total assets)
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
51 days early
2023
55 days early
2022
54 days early
2021
62 days early
2020
61 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 55 days before 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)
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 7 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Company renamed from Garage Elpers to Garage AertsAerts Management holds all the shares
  2. · Gazette deed Resignation: Elpers Jimmy (director)Appointment: Aerts Management CommV (director) · Director discharge: Elpers Jimmy
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Garage Aerts: 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 €325,000 and €460,000, founded between 2011 and 2014.

CompanyTotal assetsGross margin
Garage Aerts Tessenderlo-Ham€402,939€49,895
GARAGE DF-CARS Wellen€377,897€44,490
AUTO TOTAAL REPAIR Dilsen-Stokkem€325,423€47,452
AUTONAL 55 Sambreville€386,519€52,020
GARAGE FORMICA MOTOR Liège€381,109€46,219
CARCENTER VYVEY Veurne€405,107€56,546
GARAGE KF-SD Waregem€459,980€47,428
Full comparison

Key facts about Garage Aerts

What is the company number of Garage Aerts?
The company number of Garage Aerts is 0501.827.124. The VAT number is the same number with BE in front: BE 0501.827.124.
Where is Garage Aerts based?
The registered office is at Hulsterweg 3, 3980 Tessenderlo-Ham.Company details
What does Garage Aerts 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 Garage Aerts?
Garage Aerts is a private limited company (BV).
When was Garage Aerts founded?
Garage Aerts was founded on 03-12-2012.
Is Garage Aerts still active?
Yes, Garage Aerts is an active enterprise in the KBO register.
How many employees does Garage Aerts have?
Garage Aerts had an average of 0.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does Garage Aerts fall under?
In its 2025 annual accounts, Garage Aerts states joint committee 112 (Garages).
What is the turnover of Garage Aerts?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €49,895 and 52 comparable companies (NACE 953). It probably lies between €110,000 and €360,000.
Is Garage Aerts profitable?
In financial year 2025, Garage Aerts made a profit of €6,508.
Where can I find the annual accounts of Garage Aerts?
Garage Aerts filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Garage Aerts due?
Garage Aerts must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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