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GARNITAL

Active
Private limited companyfounded 2006active for 19 yearsLeuvensebaan 202, 2580 Putte, BelgiumKBO/BCE: BE 0885.218.040
Summary

GARNITAL has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295,276 and a net result of €37,255. Equity has been growing by about 35% per year since 2018. Its solvency ranks better than 86% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-11-2006 Normal situation
Activity
Agents in the wholesale of industrial machinery, ships and aircraft NACE 46140and 2 others
Establishment unit
2.158.153.097 2580 Putte, since 11-12-2006
Financial year end
31 December
Peppol
Reachable since 31-10-2025

Board and ownership

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€66,037
▼ 27.6%
Turnover
≈ €310,000
estimated
Profit
€37,255
▼ 30.8%
Equity
€295,276
▲ 14.4%
Total assets
€348,112
▲ 9.2%
Filed on 03-06-2026, 58 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 6.02, cash €62,403Founded in 2006Equity €295,276 (84.8% of total assets)Figures for financial year 2025 (filed on 03-06-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 77% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.8% of total assets
Liquidity 69-12
short-term debt 15.2% · cash 17.9%
Profitability 82-8
return on assets 10.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.02 (4.63 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 17.9% of total assets. 15.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 74% on liquidity, 76% on profitability and 70% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.02, cash €62,403
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €295,276 (84.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-06-2026)
NBB · annual accounts
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
9 days early
2023
51 days early
2022
24 days early
2021
52 days early
2020
40 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 86% of companies in wholesale tradesector median 40.6% · 13,716 companies 84.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €37,255 6 years View

Recent changes

  1. · Gazette deed Change of role: SMITS Luc Jules Elisabeth, from manager to directorAppointment: BOUVIER Chantal Jan Rosa Jenny Emiel (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as GARNITAL: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €262,000 and €442,000, founded between 2006 and 2009.

CompanyTotal assetsGross margin
GARNITAL Putte€348,112€66,037
APB DISTRIBUTION Namur€277,525€62,176
LG Aviation Europe Wuustwezel€438,411€60,004
ZENCON Hemiksem€262,038€61,335
ROBUTECH Beveren-Kruibeke-Zwijndrecht€283,809€89,325
DYNAMIC POWER Temse€332,100€98,888
VHC TECHNICS Temse€441,735€74,557
Full comparison

Key facts about GARNITAL

What is the company number of GARNITAL?
The company number of GARNITAL is 0885.218.040. The VAT number is the same number with BE in front: BE 0885.218.040.
Where is GARNITAL based?
The registered office is at Leuvensebaan 202, 2580 Putte.Company details
What does GARNITAL do?
According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
What is the legal form of GARNITAL?
The legal form of GARNITAL is Private limited company (BV).
When was GARNITAL founded?
GARNITAL was founded on 17-11-2006.
Is GARNITAL still active?
Yes, GARNITAL is an active enterprise in the KBO register.
What is the turnover of GARNITAL?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €66,037 and 30 comparable companies (NACE 461). It probably lies between €160,000 and €720,000.Financials
Is GARNITAL profitable?
In financial year 2025, GARNITAL made a profit of €37,255.
Where can I find the annual accounts of GARNITAL?
GARNITAL filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARNITAL due?
GARNITAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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