GARAGE MICHEL
GARAGE MICHEL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.11M and a net result of €-289k. The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €4.11M |
| Net result | €-289k |
| Active | 22 yrs |
| Board | 2 |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €-239k |
| Net profit | €-289k |
| Cash flow | €-88k |
| Staff costs | - |
| Income taxes | €20k |
| Dividends | - |
| Total assets | €4.32M |
| Equity | €4.11M |
| Debt | €208k |
| of which ≤ 1y | €208k |
| of which > 1y | - |
| Working capital | €3.56M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 18.08 |
| Quick ratio | 18.08 |
| Working capital ratio | 82.4% |
| Solvency | 95.2% |
| Debt / equity | 0.05 |
| Long-term debt ratio | - |
| Interest coverage | -81.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.7% |
| ROE | -7.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 3867d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.32M |
| Fixed assets | 21/28 | €553k |
| Tangible fixed assets | 22/27 | €551k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €3.76M |
| Amounts receivable within one year | 40/41 | €3.76M |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.32M |
| Equity | 10/15 | €4.11M |
| Contributions / capital | 10/11 | €962k |
| Reserves | 13 | €75k |
| Accumulated profits (losses) | 14 | €3.07M |
| Amounts payable | 17/49 | €208k |
| Amounts payable within one year | 42/48 | €208k |
| Trade debts payable within one year | 44 | €136k |
| Income statement | ||
| Operating result | 9901 | €-439k |
| Financial income | 75 | €174k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-269k |
| Income taxes | 67/77 | €20k |
| Net result for the period | 9904 | €-289k |
| Result to be appropriated | 9905 | €-289k |
-
Philip BodenDirectorState Gazette act 24173022 (09-12-2024)Current29-11-2024 → present
2 events
- 29-11-2024 Appointed· Director
- 29-11-2024 Appointed· Managing director
-
SCT Invest BVLegal entityDirector· perm. rep.: SCT Invest BVState Gazette act 24173022 (09-12-2024)Current29-11-2024 → present
Permanent representatives (1)
-
SCT Invest BVLegal entityPermanent representative· perm. rep.: Stephanie BodenState Gazette act 24173022 (09-12-2024)Permanent representative29-11-2024 → present
| NACE primary | Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)(46711) |
| Legal form | Public limited company(014) |
| Incorporation | 06-10-2003 |
| Status | Active |
| Postal code | 3700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0803/00A000 | Flanders | 1.6 ha | 1 · 2,675 m² | 9.8 m · 2 fl. |
| 71327G0668/00Z000 | Flanders | 9,155 m² | 1 · 3,147 m² | 20.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-07-2025 NBB filing Annual accounts filed
09-12-2024 State Gazette act Director changes
07-11-2024 State Gazette act Director changes
09-07-2024 NBB filing Annual accounts filed
11-07-2023 NBB filing Annual accounts filed
08-05-2023 State Gazette act Capital & shares
28-04-2022 NBB filing Annual accounts filed
20-07-2021 NBB filing Annual accounts filed
23-07-2020 NBB filing Annual accounts filed
03-07-2019 NBB filing Annual accounts filed
29-06-2018 NBB filing Annual accounts filed
10-07-2017 NBB filing Annual accounts filed
08-07-2016 NBB filing Annual accounts filed
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-12-2024 4 directors appointed
- Philip Boden, Bestuurder
- SCT Invest BV, Bestuurder
- Philip Boden, Gedelegeerd bestuurder
- Stephanie Boden, Vaste vertegenwoordiger
Technical details
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"Notulen van de Bijzondere Algemene Vergadering dd 10 juni 2024",
"Notulen van de vergadering van het bestuursorgaan dd 10 juni 2024",
"Kopij identiteitskaarten Philip Boden en Stephanie Boden",
"Bijzondere verklaring betreffende buitenlandse bestuursverboden"
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}07-11-2024 Philippe Schraepen appointed as statutory auditor
- Philippe Schraepen, Commissaris
Technical details
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"Kopijen ondertekenaars notulen BAV dd 11 september 2024"
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}08-05-2023 All shares are now held by a single shareholder
Technical details
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}| Legal nameNL | GARAGE MICHEL |