GARAGE SANDER
ActiveGARAGE SANDER has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €772k and a net result of €300k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+40
Solvency54▼-20
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.62 in 2024), and 71.2% 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
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 · 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
28.8%
Return on assets
11.2%
Age of the figures
8 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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
66 d early
2023
57 d early
2022
28 d late
2021
29 d late
2020
24 d early
2019
3 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€772k▼ 10.3%
2024 · €860k
2018: €543k
2019: €569k
2020: €605k
2021: €610k
2022: €676k
2023: €817k
2024: €860k
2018 → 2025
Total assets
€2.67M▲ 21.8%
2024 · €2.20M
2018: €1.31M
2019: €1.57M
2020: €1.51M
2021: €1.85M
2022: €2.64M
2023: €2.83M
2024: €2.20M
2018 → 2025
Net result
€300k▲ 189%
2024 · €104k
2018: €87k
2019: €254k
2020: €196k
2021: €145k
2022: €466k
2023: €400k
2024: €104k
2018 → 2025
Working capital
€732k▼ 11.8%
2024 · €830k
2018: €416k
2019: €535k
2020: €578k
2021: €575k
2022: €652k
2023: €793k
2024: €830k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€610k-€676k▲ 10.8%€817k▲ 20.9%€860k▲ 5.4%€772k▼ 10.3%
Operating result€189k-€507k▲ 168%€484k▼ 4.4%€181k▼ 62.6%€363k▲ 100%
Net result€145k-€466k▲ 221%€400k▼ 14.1%€104k▼ 74.0%€300k▲ 189%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 100% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.67M
Fixed assets
€40k▲ 23.4%
Current assets
€2.64M▲ 21.8%
Equity and liabilities €2.67M
Equity
€772k▼ 10.3%
Debt
€1.90M▲ 42.5%
The debt ratio rises from 60.8% to 71.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€370k▲
2024 · €188k
Cash flow
€307k▲
2024 · €110k
Solvency
28.8%▼
2024 · 39.2%
Current ratio
1.38▼
2024 · 1.62
Quick ratio
0.29▼
2024 · 0.30
Debt / equity
2.47▲
2024 · 1.55
ROE
38.9%▲
2024 · 12.1%
ROA
11.2%▲
2024 · 4.7%
Interest coverage
8.46▲
2024 · 3.71
Debt
€1.90M▲
2024 · €1.34M
Debt ≤ 1 year
€1.90M▲
2024 · €1.33M
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€19k▼
2024 · €27k
Staff costs
€636k▲
2024 · €476k
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€2.20M€2.67M▲
Fixed assets21/28€32k€40k▲
Tangible fixed assets22/27€32k€40k▲
Land and buildings22€18k€29k▲
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€3k€902▼
Current assets29/58€2.16M€2.64M▲
Stocks and contracts in progress3€1.77M€2.09M▲
Stocks30/36€1.77M€2.09M▲
Amounts receivable within one year40/41€150k€385k▲
Trade receivables40€16k€245k▲
Other amounts receivable41€133k€140k▲
Cash at bank and in hand54/58€240k€139k▼
Deferred charges and accrued income490/1€6k€23k▲
Equity and liabilities
Total equity and liabilities10/49€2.20M€2.67M▲
Equity10/15€860k€772k▼
Contributions10/11€12k€12k=
Reserves13€596k€596k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€38k€38k=
Distributable reserves133€559k€559k=
Profit (loss) carried forward14€252k€163k▼
Amounts payable17/49€1.34M€1.90M▲
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€1.33M€1.90M▲
Current portion of amounts payable after more than one year42€52k€2k▼
Financial debts43€665k€925k▲
Credit institutions430/8€665k€925k▲
Trade debts44€218k€430k▲
Suppliers440/4€218k€430k▲
Taxes, remuneration and social security45€111k€132k▲
Taxes450/3€31k€51k▲
Remuneration and social security454/9€80k€81k▲
Other amounts payable47/48€287k€415k▲
Income statement
Code20242025
Remuneration, social security and pensions62€476k€636k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€26k
Other operating charges640/8€10k€12k▲
Gross operating margin9900€674k€1.04M▲
Operating profit (loss)9901€181k€363k▲
Financial income75/76B€590€109▼
Recurring financial income75€590€109▼
Financial charges65/66B€51k€44k▼
Recurring financial charges65€51k€44k▼
Profit (loss) for the period before taxes9903€131k€319k▲
Income taxes67/77€27k€19k▼
Profit (loss) for the period9904€104k€300k▲
Profit (loss) for the period to be appropriated9905€104k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€312k€413k▲
Profit (loss) brought forward from the previous period14P€208k€113k▼
Transfer from equity791/2-€139k
Profit to be distributed694/7€60k€389k▲
Return on contributions (dividend)694-€139k
Directors or managers695€60k€250k▲
Social balance
Average headcount (FTE)90877.79.7▲
The notes to these accounts (11 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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €466k ▲221%
Operating result €507k, net result €466k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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, Kapellen · 2 establishment units since 2006
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.
Hoevensebaan 2562950 KapellenGround area
2,404 m²
Building footprint
1,236 m²
Volume, LiDAR
6,137 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Garage Sander
since 20062.151.290.447
Hoge Weg 163A, 2940 Stabroek
since 20192.302.596.490
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902E0003/00G000 | Flanders | 1,399 m² | 1 · 972 m² | 5.9 m · 2 fl. |
| 11020I0209/00T000 | Flanders | 1,005 m² | 1 · 265 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 DEBATY
BE 0448.209.581
Ciney · Eq €771k
GARAGE HOEYBERGHS
BE 0551.999.086
Mol · Eq €770k
AUTOMOBILIA & Co
BE 0431.369.589
Roeselare · Eq €774k
Novoto
BE 0859.637.358
Hooglede · Eq €769k
Of 10,618 companies in sector 47811 we hold annual accounts for 5,192. 3,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2005
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.