GARAGE DEBATY
ActiveGARAGE DEBATY has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €771k and a net result of €33k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 86% of 6592 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▼-14
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 3.65 in 2023), and 28.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.2%
Return on assets
3%
Age of the figures
20 mo
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 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
12 d early
2022
25 d early
2021
4 d early
2020
4 d late
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33k▼ 35.8%
2023 · €51k
2018: €20k
2019: €21k
2020: €20k
2021: €22k
2022: €1k
2023: €51k
2018 → 2024
Working capital
€643k▲ 1.4%
2023 · €634k
2018: €545k
2019: €539k
2020: €570k
2021: €568k
2022: €569k
2023: €634k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€698k-€699k▲ 0.2%€712k▲ 1.8%€738k▲ 3.7%€771k▲ 4.4%
Operating result€13k-€7k▼ 43.8%€1k▼ 80.1%€66k▲ 4,398%€42k▼ 36.3%
Net result€20k-€22k▲ 9.2%€1k▼ 94.2%€51k▲ 3,833%€33k▼ 35.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.08M
Fixed assets
€179k▼ 4.8%
Current assets
€903k▲ 3.4%
Equity and liabilities €1.08M
Equity
€771k▲ 4.4%
Debt
€311k▼ 3.8%
The debt ratio falls from 30.5% to 28.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€73k▼
2023 · €92k
Cash flow
€64k▼
2023 · €77k
Solvency
71.2%▲
2023 · 69.5%
Current ratio
3.48▼
2023 · 3.65
Quick ratio
2.57▲
2023 · 2.56
Debt / equity
0.40▼
2023 · 0.44
ROE
4.3%▼
2023 · 6.9%
ROA
3.0%▼
2023 · 4.8%
Interest coverage
5.78▼
2023 · 9.15
Debt
€311k▼
2023 · €324k
Debt ≤ 1 year
€260k▲
2023 · €239k
Debt > 1 year
€52k▼
2023 · €85k
Income taxes
€4k▼
2023 · €13k
Staff costs
€142k▲
2023 · €104k
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€1.06M€1.08M▲
Fixed assets21/28€188k€179k▼
Tangible fixed assets22/27€188k€179k▼
Land and buildings22€153k€129k▼
Plant, machinery and equipment23€10k€29k▲
Furniture and vehicles24€26k€21k▼
Current assets29/58€873k€903k▲
Amounts receivable after more than one year29€252k€238k▼
Other amounts receivable291€252k€238k▼
Stocks and contracts in progress3€262k€236k▼
Stocks30/36€262k€236k▼
Amounts receivable within one year40/41€70k€75k▲
Trade receivables40€57k€47k▼
Other amounts receivable41€12k€28k▲
Cash at bank and in hand54/58€10k€80k▲
Deferred charges and accrued income490/1€280k€274k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.08M▲
Equity10/15€738k€771k▲
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Reserves13€74k€74k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€351k€384k▲
Amounts payable17/49€324k€311k▼
Amounts payable after more than one year17€85k€52k▼
Financial debts170/4€85k€52k▼
Amounts payable within one year42/48€239k€260k▲
Current portion of amounts payable after more than one year42€28k€28k▲
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€45k€89k▲
Suppliers440/4€45k€89k▲
Taxes, remuneration and social security45€41k€42k▲
Taxes450/3€14k€12k▼
Remuneration and social security454/9€27k€30k▲
Other amounts payable47/48€25k-
Income statement
Code20232024
Remuneration, social security and pensions62€104k€142k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€31k▲
Other operating charges640/8€12k€38k▲
Gross operating margin9900€208k€253k▲
Operating profit (loss)9901€66k€42k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€64k€36k▼
Income taxes67/77€13k€4k▼
Profit (loss) for the period9904€51k€33k▼
Profit (loss) for the period to be appropriated9905€51k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€376k€384k▲
Profit (loss) brought forward from the previous period14P€325k€351k▲
Profit to be distributed694/7€25k-
Directors or managers695€25k-
Social balance
Average headcount (FTE)90872.93.7▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €51k ▲3833%
Operating result €66k, net result €51k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €1k ▼94.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 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, Ciney · 1 establishment unit since 1992
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.
Rue de Barvaux(Haversin) 1495590 CineyGround area
2,634 m²
Building footprint
301 m²
Parcel 91118A0186/00S000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Barvaux(Haversin) 149, 5590 Ciney
since 19922.059.980.486
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91118A0186/00S000 | Wallonia | 2,633 m² | 1 · 301 m² | - |
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
Centrum Garage
BE 0423.704.908
Boechout · Eq €771k
GARAGE HOEYBERGHS
BE 0551.999.086
Mol · Eq €770k
GARAGE SANDER
BE 0878.547.806
Kapellen · Eq €772k
Novoto
BE 0859.637.358
Hooglede · Eq €769k
Leimbergen
BE 0897.726.090
Aalst · Eq €768k
Of 10,618 companies in sector 47811 we hold annual accounts for 5,192. 3,160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-09-1992
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
50200
95314Bodywork repair (including spraying and painting)
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.