GARAGE BAUWENS
ActiveSummary
GARAGE BAUWENS has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €454k and a net result of €50k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 59% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+30
Solvency70▼-9
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.95 in 2024; short-term debt: 53.3% and cash: 26.1% of total assets), but 54.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
54 d late
2024
35 d early
2023
68 d late
2022
31 d late
2021
31 d early
2020
31 d late
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€454k▲ 12.4%
2024 · €404k
2018: €421k
2019: €566k
2020: €622k
2021: €423k
2022: €414k
2023: €397k
2024: €404k
2018 → 2025
Total assets
€1.00M▲ 33.3%
2024 · €751k
2018: €580k
2019: €673k
2020: €698k
2021: €1.21M
2022: €808k
2023: €750k
2024: €751k
2018 → 2025
Net result
€50k▲ 612%
2024 · €7k
2018: €106k
2019: €145k
2020: €56k
2021: €341k
2022: €-9k
2023: €-17k
2024: €7k
2018 → 2025
Working capital
€414k▲ 26.0%
2024 · €328k
2018: €346k
2019: €507k
2020: €533k
2021: €329k
2022: €320k
2023: €308k
2024: €328k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€423k-€414k▼ 2.1%€397k▼ 4.1%€404k▲ 1.8%€454k▲ 12.4%
Operating result€419k-€-7k€-15k▼ 111%€14k€73k▲ 405%
Net result€341k-€-9k€-17k▼ 94.5%€7k€50k▲ 612%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 405% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€53k ▼ 29.6%
Current assets
€947k ▲ 40.3%
Equity and liabilities €1.00M
Equity
€454k ▲ 12.4%
Debt
€546k ▲ 57.6%
Debt's share of the balance-sheet total rises from 46.2% to 54.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €43k
Cash flow
€72k▲
2024 · €35k
Current ratio
1.78▼
2024 · 1.95
Quick ratio
0.72▲
2024 · 0.59
Debt to equity
1.20▲
2024 · 0.86
ROE
11.0%▲
2024 · 1.7%
ROA
5.0%▲
2024 · 0.9%
Interest coverage
7.53▲
2024 · 3.06
Debt ≤ 1 year
€533k▲
2024 · €346k
Debt > 1 year
€13k
Income taxes
€16k
Staff costs
€242k▲
2024 · €188k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€751k€1.00M▲
Fixed assets21/28€76k€53k▼
Tangible fixed assets22/27€76k€53k▼
Land and buildings22€30k€25k▼
Plant, machinery and equipment23€42k€26k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€74€74=
Current assets29/58€675k€947k▲
Stocks and contracts in progress3€469k€565k▲
Stocks30/36€469k€565k▲
Amounts receivable within one year40/41€153k€104k▼
Trade receivables40€131k€65k▼
Other amounts receivable41€22k€39k▲
Cash at bank and in hand54/58€42k€261k▲
Deferred charges and accrued income490/1€11k€17k▲
Equity and liabilities
Total equity and liabilities10/49€751k€1.00M▲
Equity10/15€404k€454k▲
Contributions10/11€19k€19k=
Reserves13€392k€435k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€392k€435k▲
Profit (loss) carried forward14€-6k€0▲
Amounts payable17/49€346k€546k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€346k€533k▲
Current portion of amounts payable after more than one year42€0€5k▲
Financial debts43€200k€200k=
Credit institutions430/8€200k€200k=
Trade debts44€80k€82k▲
Suppliers440/4€80k€82k▲
Advances received on contracts in progress46-€34k
Taxes, remuneration and social security45€24k€126k▲
Taxes450/3€3k€100k▲
Remuneration and social security454/9€20k€26k▲
Other amounts payable47/48€43k€86k▲
Income statement
Code20242025
Remuneration, social security and pensions62€188k€242k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€22k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€932
Other operating charges640/8€6k€11k▲
Gross operating margin9900€237k€349k▲
Operating profit (loss)9901€14k€73k▲
Financial income75/76B€7k€5k▼
Recurring financial income75€7k€5k▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€7k€66k▲
Income taxes67/77-€16k
Profit (loss) for the period9904€7k€50k▲
Profit (loss) for the period to be appropriated9905€7k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€44k▲
Profit (loss) brought forward from the previous period14P€-13k€-6k▲
Transfer to equity691/2-€44k
To other reserves6921-€44k
Social balance
Average headcount (FTE)90872.73.8▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €341k ▲513%
Operating result €419k, net result €341k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €566k ▲34.3%
2 profitable years in a row build equity to €566k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 1982
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elisabethlaan 479400 NinoveGround area
458 m²
Building footprint
170 m²
Volume, LiDAR
864 m³
Parcel 41362B1697/00K000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elisabethlaan 47, 9400 Ninove
since 19822.020.292.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1697/00K000 | Flanders | 458 m² | 1 · 170 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALANIUS
BE 0837.011.515
Beerse · Eq €404,300
CUYPERS en zonen
BE 0826.927.770
Mechelen · Eq €404,362
GARAGE DE LA CALIFORNIE
BE 0456.753.994
Bastogne · Eq €404,437
Daniëls Services
BE 0663.614.612
Diepenbeek · Eq €404,689
GARAGE A. DEZUTTER
BE 0427.838.987
Oosterzele · Eq €404,986
Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1982
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.