GARAGE VANTIEGHEM
GARAGE VANTIEGHEM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €349k and a net result of €8k. Equity is shrinking by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 3381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €349k |
| Net result | €8k |
| Better than sector | 62% |
| Active | 23 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.6% | 25.2% | |
| Net result | €8k | €4k | |
| Equity | €349k | €22k | |
| Gross operating margin | €80k | €19k | |
| Staff costs | €783 | €27k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €72k | €68k | €112k |
| Net profit | €8k | €7k | €50k |
| Cash flow | €51k | €50k | €91k |
| Staff costs | €783 | €10k | €13k |
| Income taxes | €930 | €132 | €120 |
| Dividends | - | - | - |
| Total assets | €882k | €947k | €1.03M |
| Equity | €349k | €491k | €484k |
| Debt | €533k | €456k | €542k |
| of which ≤ 1y | €182k | €61k | €104k |
| of which > 1y | €350k | €395k | €438k |
| Working capital | €31k | €179k | €184k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.17 | 3.95 | 2.77 |
| Quick ratio | 1.04 | 3.58 | 2.40 |
| Working capital ratio | 3.5% | 18.9% | 17.9% |
| Solvency | 39.6% | 51.8% | 47.2% |
| Debt / equity | 1.53 | 0.93 | 1.12 |
| Long-term debt ratio | 1.00 | 0.80 | 0.90 |
| Interest coverage | 3.35 | 2.92 | 4.42 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.9% | 0.8% | 4.9% |
| ROE | 2.3% | 1.5% | 10.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €882k | €947k | €1.03M |
| Fixed assets | 21/28 | €669k | €707k | €738k |
| Intangible fixed assets | 21 | €692 | €808 | €924 |
| Tangible fixed assets | 22/27 | €668k | €706k | €737k |
| Financial fixed assets | 28 | €225 | €225 | €225 |
| Current assets | 29/58 | €213k | €240k | €288k |
| Stocks & contracts in progress | 3 | €23k | €22k | €38k |
| Amounts receivable within one year | 40/41 | €107k | €217k | €233k |
| Cash & bank | 54/58 | €83k | €2k | €17k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €882k | €947k | €1.03M |
| Equity | 10/15 | €349k | €491k | €484k |
| Contributions / capital | 10/11 | €300k | €450k | €450k |
| Reserves | 13 | €49k | €41k | €38k |
| Accumulated profits (losses) | 14 | - | €0 | €-4k |
| Amounts payable | 17/49 | €533k | €456k | €542k |
| Amounts payable after one year | 17 | €350k | €395k | €438k |
| Amounts payable within one year | 42/48 | €182k | €61k | €104k |
| Trade debts payable within one year | 44 | €7k | €14k | €47k |
| Income statement | ||||
| Gross operating margin | 9900 | €80k | €86k | €128k |
| Operating result | 9901 | €29k | €26k | €71k |
| Financial income | 75 | €1k | €5k | €4k |
| Financial charges | 65 | €21k | €23k | €25k |
| Result before taxes | 9903 | €9k | €7k | €50k |
| Income taxes | 67/77 | €930 | €132 | €120 |
| Net result for the period | 9904 | €8k | €7k | €50k |
| Result to be appropriated | 9905 | €8k | €7k | €50k |
| NACE primary | Wholesale of cars and light vans (up to 3.5 tonnes)(46711) |
| Legal form | Private limited company(610) |
| Incorporation | 27-03-2003 |
| Status | Active |
| Postal code | 8551 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B1021/00T000 | Flanders | 2,649 m² | 1 · 948 m² | 8.1 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-12-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Elien Turpyn",
"firm_city": null,
"firm_name": null,
"office_city": "Zwevegem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-29",
"filing_date": "2023-12-27",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, WIJZIGING RECHTSVORM"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-14",
"unanimous": null
},
"agm_change": {
"new_schedule": "20 juni om achttien uur",
"old_schedule": null,
"effective_from_year": null,
"rule_changes_summary": "De algemene vergadering beslist de datum van de jaarvergadering te wijzigen en deze voortaan te houden op 20 juni om achttien uur. De statuten worden dienovereenkomstig aangepast."
},
"detected_kind": "agm_rules_change",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "vakbekwaamheid",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "Vantieghem Mario en Maiheu S\u00E9verine"
},
"subject_company": {
"kbo": "0479.868.995",
"name_full": "GARAGE VANTIEGHEM",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Uitgifte",
"Geco\u00F6rdineerde statuten"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "zaakvoerders",
"organ": "raad_van_bestuur",
"person_name": "Vantieghem Mario en Maiheu S\u00E9verine"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | GARAGE VANTIEGHEM |