GARAGE ERIK
ActiveGARAGE ERIK has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.35M and a net result of €209k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 10.84 against 16.46 in 2024; short-term debt: 8.6% and cash: 40.4% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
91.4%
Return on assets
14.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
31 d late
2023
30 d late
2022
4 d early
2021
31 d late
2020
25 d late
2019
76 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.35M▲ 17.1%
2024 · €1.15M
2018: €622k
2019: €744k
2020: €860k
2021: €894k
2022: €847k
2023: €915k
2024: €1.15M
2018 → 2025
Total assets
€1.47M▲ 21.1%
2024 · €1.22M
2018: €836k
2019: €954k
2020: €1.05M
2021: €991k
2022: €1.02M
2023: €1.11M
2024: €1.22M
2018 → 2025
Net result
€209k▼ 11.3%
2024 · €236k
2018: €98k
2019: €122k
2020: €116k
2021: €128k
2022: €102k
2023: €146k
2024: €236k
2018 → 2025
Working capital
€1.25M▲ 19.8%
2024 · €1.04M
2018: €429k
2019: €565k
2020: €696k
2021: €744k
2022: €718k
2023: €796k
2024: €1.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€894k-€847k▼ 5.2%€915k▲ 7.9%€1.15M▲ 25.8%€1.35M▲ 17.1%
Operating result€178k-€151k▼ 15.0%€206k▲ 36.4%€344k▲ 67.3%€277k▼ 19.7%
Net result€128k-€102k▼ 20.7%€146k▲ 43.8%€236k▲ 61.2%€209k▼ 11.3%
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 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.47M
Fixed assets
€95k▼ 9.4%
Current assets
€1.38M▲ 24.0%
Equity and liabilities €1.47M
Equity
€1.35M▲ 17.1%
Debt
€127k▲ 88.3%
The debt ratio rises from 5.5% to 8.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€290k▼
2024 · €358k
Cash flow
€223k▼
2024 · €249k
Solvency
91.4%▼
2024 · 94.5%
Current ratio
10.84▼
2024 · 16.46
Quick ratio
10.26▼
2024 · 15.41
Debt / equity
0.09▲
2024 · 0.06
ROE
15.5%▼
2024 · 20.5%
ROA
14.2%▼
2024 · 19.3%
Interest coverage
1352.83▼
2024 · 2653.96
Debt
€127k▲
2024 · €68k
Debt ≤ 1 year
€127k▲
2024 · €68k
Income taxes
€85k▼
2024 · €112k
Staff costs
€80k▼
2024 · €84k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.47M▲
Fixed assets21/28€105k€95k▼
Tangible fixed assets22/27€105k€95k▼
Land and buildings22€103k€91k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€205€205=
Current assets29/58€1.11M€1.38M▲
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Stocks and contracts in progress3€71k€73k▲
Stocks30/36€71k€73k▲
Amounts receivable within one year40/41€221k€284k▲
Trade receivables40€31k€61k▲
Other amounts receivable41€190k€223k▲
Current investments50/53€145k€326k▲
Cash at bank and in hand54/58€555k€596k▲
Deferred charges and accrued income490/1€21k-
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.47M▲
Equity10/15€1.15M€1.35M▲
Contributions10/11€19k€19k=
Reserves13€1.13M€1.33M▲
Non-distributable reserves130/1€29k€29k=
Reserves not available under the articles1311€29k€29k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€1.09M€1.29M▲
Amounts payable17/49€68k€127k▲
Amounts payable within one year42/48€68k€127k▲
Trade debts44€10k€72k▲
Suppliers440/4€10k€72k▲
Taxes, remuneration and social security45€57k€44k▼
Taxes450/3€50k€36k▼
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48-€12k
Income statement
Code20242025
Remuneration, social security and pensions62€84k€80k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€449k€378k▼
Operating profit (loss)9901€344k€277k▼
Financial income75/76B€4k€18k▲
Recurring financial income75€4k€18k▲
Financial charges65/66B€135€215▲
Recurring financial charges65€135€215▲
Profit (loss) for the period before taxes9903€348k€294k▼
Income taxes67/77€112k€85k▼
Profit (loss) for the period9904€236k€209k▼
Profit (loss) for the period to be appropriated9905€236k€209k▼
Appropriation of the result
Profit (loss) to be appropriated9906€236k€209k▼
Transfer to equity691/2€236k€197k▼
To other reserves6921€236k€197k▼
Profit to be distributed694/7-€12k
Directors or managers695-€12k
Social balance
Average headcount (FTE)90871.51.4▼
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €236k ▲61.2%
Operating result €344k, net result €236k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 16.46
Current ratio from 5.07 to 16.46; short-term debt falls from €196k to €68k.
31-12
Financial
Equity above €1MEq €1.15M ▲25.8%
7 profitable years in a row build equity to €1.15M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 76 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Aalst · 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.
Opwijkse steenweg 619310 AalstGround area
4,078 m²
Building footprint
698 m²
Volume, LiDAR
3,919 m³
Parcel 41042C0147/00G000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARAGE ERIK
since 19892.042.535.532
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41042C0147/00G000 | Flanders | 4,078 m² | 1 · 698 m² | 8.0 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
SWINNEN EN PARTNERS
BE 0885.424.314
Hasselt · Eq €1.35M
EUROCAMPERS
BE 0878.715.872
Houthalen-Helchteren · Eq €1.35M
BILZEN MOTORS
BE 0648.792.616
Bilzen · Eq €1.35M
DONKERWOLKE
BE 0425.892.257
Ronse · Eq €1.34M
KNOKKE - CARS
BE 0473.641.102
Knokke-Heist · Eq €1.34M
Of 10,674 companies in sector 47811 we hold annual accounts for 5,223. 2,716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-1989
Fiscal year end31-12
Activities, NACEBEL
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)
50200
47820Retail sale of motor vehicle parts and accessories
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50302
50400Inland freight water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.