GARTA
ActiveThe file of GARTA contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 2.3% (moderate). The 2025 annual accounts show negative equity (-€159,175) and a net result of €2,401. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 22,817 sector peers (NACE 47, financial year 2025).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1966 Normal situation
- Activity
- Retail trade NACE 47631and 1 other
- Joint committee
- 201 Independent retail · annual accounts 2021
- Establishment unit
- 2.000.950.147 2381 Ravels, since 01-06-1966
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €6,030
- ▼ 20.4%
- Turnover
- ≈ €44,000
- estimated
- Profit
- €2,401
- ▼ 72.2%
- Equity
- -€159,175
- ▲ 1.5%
- Total assets
- €156,562
- ▼ 20.3%
- Negative equity on 31-12-2025
- 2025 accounts filed 83 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.57, cash €360Last filed accounts filed 83 days late; 3 of the last 3 accounts latelowers riskSize: total assets €156,562Founded in 1966Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 6% of them on solvency, 2% on liquidity, 31% on profitability and 44% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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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Signals
The company filed its last 7 accounts on average 393 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Bankruptcy Bankruptcy reversalEnterprise Court of Antwerp, Turnhout division · judgment of 24-12-2024
- · Bankruptcy Bankruptcy declaredEnterprise Court of Antwerp, Turnhout division · judgment of 15-10-2024
- · Gazette deed Registered office moved to WeeldeNew registered office: Weeldestraat 169, 2381 Weelde
Comparable companies
These companies have the same main activity as GARTA: retail trade (NACE 47631). They are comparable in size and age: total assets between €77,000 and €308,000, founded between 1968 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| GARTA Ravels | €156,562 | €6,030 |
| B. JOSKIN-DUPUIS Sprimont | €133,208 | €6,544 |
| ARMS INTERNATIONAL Sint-Gillis-Waas | €106,821 | €16,906 |
| Lidy Arms Aarschot | €129,174 | €7,129 |
| E.J. Binet et Fils Brussels | €308,022 | €16,486 |
| Hielkema-Verrezen Kapellen | €113,003 | €25,463 |
| Etablissements Florent Herzeel Aalst | €77,018 | €21,160 |
Key facts about GARTA
- What is the company number of GARTA?
- The company number of GARTA is 0402.125.673. The VAT number is the same number with BE in front: BE 0402.125.673.
- Where is GARTA based?
- The registered office is at Weeldestraat 169, 2381 Ravels.Company details
- What does GARTA do?
- According to the KBO register, the main activity is retail trade (NACE 47631).
- What is the legal form of GARTA?
- GARTA is a private limited company (pre-2019) (BVBA).
- When was GARTA founded?
- GARTA was founded on 01-01-1966.
- Is GARTA still active?
- Yes, GARTA is an active enterprise in the KBO register.
- How many employees does GARTA have?
- GARTA had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does GARTA fall under?
- In its 2021 annual accounts, GARTA states joint committee 201 (Independent retail).
- What is the turnover of GARTA?
- The turnover in financial year 2025 is ≈ €44,000. This figure is estimated from the gross margin of €6,030 and 42 comparable companies (NACE 476). It probably lies between €23,000 and €99,000. It is a rough estimate.
- Is GARTA profitable?
- In financial year 2025, GARTA made a profit of €2,401.
- Where can I find the annual accounts of GARTA?
- GARTA filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GARTA due?
- GARTA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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