GARAGE COGHE
ActiveSummary
GARAGE COGHE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €17k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 2544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+27
Solvency79▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.87 in 2024; short-term debt: 46% and cash: 9.8% of total assets), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54%
Return on assets
7.3%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
42 d early
2023
1 d early
2022
17 d early
2021
3 d early
2020
2 d early
2019
21 d late
← 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, micro schema
Equity
€127k▲ 15.7%
2024 · €110k
2018: €84k
2019: €72k
2020: €73k
2021: €87k
2022: €92k
2023: €102k
2024: €110k
2018 → 2025
Total assets
€235k▲ 0.2%
2024 · €234k
2018: €243k
2019: €227k
2020: €233k
2021: €236k
2022: €210k
2023: €230k
2024: €234k
2018 → 2025
Net result
€17k▲ 137%
2024 · €7k
2018: €-25k
2019: €-12k
2020: €830
2021: €14k
2022: €5k
2023: €10k
2024: €7k
2018 → 2025
Working capital
€124k▲ 14.4%
2024 · €108k
2018: €62k
2019: €54k
2020: €60k
2021: €77k
2022: €87k
2023: €99k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€92k▲ 5.6%€102k▲ 11.4%€110k▲ 7.1%€127k▲ 15.7%
Operating result€18k-€29k▲ 62.9%€15k▼ 48.3%€11k▼ 28.9%€20k▲ 86.1%
Net result€14k-€5k▼ 64.9%€10k▲ 114%€7k▼ 30.9%€17k▲ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€3k ▲ 106%
Current assets
€231k ▼ 0.5%
Equity and liabilities €235k
Equity
€127k ▲ 15.7%
Debt
€108k ▼ 13.4%
Debt's share of the balance-sheet total falls from 53.2% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▲
2024 · €12k
Cash flow
€19k▲
2024 · €9k
Current ratio
2.14▲
2024 · 1.87
Quick ratio
0.92▲
2024 · 0.74
Debt to equity
0.85▼
2024 · 1.14
ROE
13.5%▲
2024 · 6.6%
ROA
7.3%▲
2024 · 3.1%
Interest coverage
7.36▲
2024 · 3.43
Debt ≤ 1 year
€108k▼
2024 · €125k
Income taxes
€141▲
2024 · €140
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€234k€235k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Land and buildings22€514-
Plant, machinery and equipment23€481€3k▲
Furniture and vehicles24€541€124▼
Current assets29/58€233k€231k▼
Stocks and contracts in progress3€141k€132k▼
Stocks30/36€141k€132k▼
Amounts receivable within one year40/41€71k€76k▲
Trade receivables40€35k€27k▼
Other amounts receivable41€36k€49k▲
Cash at bank and in hand54/58€19k€23k▲
Deferred charges and accrued income490/1€1k€568▼
Equity and liabilities
Total equity and liabilities10/49€234k€235k▲
Equity10/15€110k€127k▲
Contributions10/11€370k€370k=
Reserves13€51k€51k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€50k€51k▲
Profit (loss) carried forward14€-312k€-295k▲
Amounts payable17/49€125k€108k▼
Amounts payable within one year42/48€125k€108k▼
Trade debts44€36k€38k▲
Suppliers440/4€36k€38k▲
Taxes, remuneration and social security45€31k€13k▼
Taxes450/3€31k€13k▼
Other amounts payable47/48€57k€57k=
Income statement
Code20242025
Remuneration, social security and pensions62€84k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€100k€29k▼
Operating profit (loss)9901€11k€20k▲
Financial income75/76B€352€546▲
Recurring financial income75€352€546▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€7k€17k▲
Income taxes67/77€140€141▲
Profit (loss) for the period9904€7k€17k▲
Profit (loss) for the period to be appropriated9905€7k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-312k€-295k▲
Profit (loss) brought forward from the previous period14P€-319k€-312k▲
The notes to these accounts (5 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €17k ▲137%
Net result €17k, the highest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €102k ▲11.4%
4 profitable years in a row build equity to €102k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €830
Net result €830 after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hooglede · 1 establishment unit since 1989
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.
Ieperstraat 818830 HoogledeGround area
1,720 m²
Building footprint
955 m²
Volume, LiDAR
5,316 m³
Parcel 36006C1110/00P000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE COGHE BVBA
since 19892.041.901.666
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006C1110/00P000 | Flanders | 1,719 m² | 1 · 955 m² | 11.1 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.
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,359 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
Founded23-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.