GARS

Active

Private limited companyfounded 20242 yrs activeSteenweg 170, 3570 Alken, BelgiumKBO/BCE: BE 1010.358.829

Summary

The computed 12-month bankruptcy probability of GARS is 3.4% (moderate). The 2025 annual accounts show equity of €19,320 and a net result of -€2,373. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

GARSActiveChecked score 61/100

Risk analysis Report Compare

What they do

Activity not known1 site

How big

€19,942total assets 2025

Equity: €19,320
Loss: -€2,373

Turnover not published (abridged schema)

Financially healthy?

61 Healthy Checked score 2025

Bankruptcy chance 12 m: 3.4%

Who decides

Accounts filed 28 d late0 of 1 deed read

Why 61- Young company- No NACE activity registered- Annual accounts: weaker financial profile- Persistent lossesFiled after the deadlineShow the evidence

Checked score

Score 2025

61 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability8▲+8

Solvency100=

Growth58

Track record82

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1,000 at 30 days acceptable

Liquidity ample (current ratio 32.04; short-term debt: 3.1% and cash: 100% of total assets), and 3.1% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

96.9%

Return on assets

-11.9%

Age of the figures

9 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

2425

2024 to 2025 · latest year -€2,373

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 · 2 filings

Deviation from the deadline

2025

28 d late

2024

13 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 2 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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 months

Position in the running window

01-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage