GARAGE CEURSTEMONT
ActiveGARAGE CEURSTEMONT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €584k and a net result of €16k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 35% of 9625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-4
Solvency51▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.24 in 2023; short-term debt: 43.1% and cash: 1.1% of total assets), and 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €584k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
2022
39 d early
2021
61 d early
2020
16 d early
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€584k▲ 2.8%
2023 · €568k
2018: €571k
2019: €578k
2020: €528k
2021: €500k
2022: €525k
2023: €568k
2018 → 2024
Total assets
€2.22M▼ 14.2%
2023 · €2.59M
2018: €2.65M
2019: €2.76M
2020: €2.34M
2021: €2.16M
2022: €2.19M
2023: €2.59M
2018 → 2024
Net result
€16k▼ 63.6%
2023 · €44k
2018: €8k
2019: €8k
2020: €-51k
2021: €-27k
2022: €24k
2023: €44k
2018 → 2024
Working capital
€236k▼ 22.4%
2023 · €304k
2018: €169k
2019: €234k
2020: €397k
2021: €353k
2022: €301k
2023: €304k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€528k-€500k▼ 5.2%€525k▲ 4.9%€568k▲ 8.3%€584k▲ 2.8%
Operating result€-5k-€24k€65k▲ 168%€102k▲ 58.0%€84k▼ 17.5%
Net result€-51k-€-27k▲ 45.9%€24k€44k▲ 78.4%€16k▼ 63.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€1.03M▼ 1.3%
Current assets
€1.19M▼ 22.9%
Equity and liabilities €2.22M
Equity
€584k▲ 2.8%
Debt
€1.64M▼ 19.0%
The debt ratio falls from 78.0% to 73.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170k▼
2023 · €176k
Cash flow
€101k▼
2023 · €118k
Solvency
26.3%▲
2023 · 22.0%
Current ratio
1.25▲
2023 · 1.24
Quick ratio
0.27▼
2023 · 0.30
Debt / equity
2.80▼
2023 · 3.56
ROE
2.7%▼
2023 · 7.7%
ROA
0.7%▼
2023 · 1.7%
Interest coverage
2.71▼
2023 · 3.01
Debt
€1.64M▼
2023 · €2.02M
Debt ≤ 1 year
€956k▼
2023 · €1.24M
Debt > 1 year
€681k▼
2023 · €778k
Income taxes
€6k▲
2023 · €120
Staff costs
€334k▲
2023 · €297k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.59M€2.22M▼
Fixed assets21/28€1.04M€1.03M▼
Tangible fixed assets22/27€1.04M€1.03M▼
Land and buildings22€969k€922k▼
Plant, machinery and equipment23€43k€53k▲
Furniture and vehicles24€13k€29k▲
Leasing and similar rights25€17k€26k▲
Current assets29/58€1.55M€1.19M▼
Stocks and contracts in progress3€1.17M€930k▼
Stocks30/36€1.17M€930k▼
Amounts receivable within one year40/41€135k€122k▼
Trade receivables40€93k€114k▲
Other amounts receivable41€41k€8k▼
Cash at bank and in hand54/58€141k€23k▼
Deferred charges and accrued income490/1€101k€117k▲
Equity and liabilities
Total equity and liabilities10/49€2.59M€2.22M▼
Equity10/15€568k€584k▲
Contributions10/11€170k€170k=
Revaluation surpluses12€261k€261k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€132k€148k▲
Amounts payable17/49€2.02M€1.64M▼
Amounts payable after more than one year17€778k€681k▼
Financial debts170/4€708k€610k▼
Other amounts payable178/9€71k€71k=
Amounts payable within one year42/48€1.24M€956k▼
Current portion of amounts payable after more than one year42€167k€155k▼
Financial debts43€193k€105k▼
Credit institutions430/8€150k€59k▼
Other loans439€43k€46k▲
Trade debts44€862k€658k▼
Suppliers440/4€862k€658k▼
Taxes, remuneration and social security45€21k€38k▲
Taxes450/3€0€6k▲
Remuneration and social security454/9€21k€32k▲
Income statement
Code20232024
Remuneration, social security and pensions62€297k€334k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€86k▲
Other operating charges640/8€19k€18k▼
Gross operating margin9900€492k€522k▲
Operating profit (loss)9901€102k€84k▼
Financial income75/76B€97€506▲
Recurring financial income75€97€506▲
Financial charges65/66B€59k€63k▲
Recurring financial charges65€59k€63k▲
Profit (loss) for the period before taxes9903€44k€22k▼
Income taxes67/77€120€6k▲
Profit (loss) for the period9904€44k€16k▼
Profit (loss) for the period to be appropriated9905€44k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€132k€148k▲
Profit (loss) brought forward from the previous period14P€88k€132k▲
Social balance
Average headcount (FTE)90875.05.2▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €44k ▲78.4%
Operating result €102k, net result €44k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-51k ▼742%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Puurs-Sint-Amands · 1 establishment unit since 2007
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.
Meir(Opp) 932890 Puurs-Sint-AmandsGround area
989 m²
Building footprint
766 m²
Volume, LiDAR
4,285 m³
Parcel 12028A0088/00X000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE CEURSTEMONT
since 20072.166.424.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12028A0088/00X000 | Flanders | 989 m² | 1 · 766 m² | 7.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 737 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 168 EUR | 0 EUR |
| 2022 | 2 | 569 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 9 endedAutotechnieken duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
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Of 10,679 companies in sector 47811 we hold annual accounts for 5,225. 3,359 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2007
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
45194
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45402
46713Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50104
50200
50400Inland freight water transport
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.