M. Gent
ActiveSummary
M. Gent has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €849k and a net result of €183k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+3
Solvency42▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 2.74 in 2024; short-term debt: 21.5% and cash: 10% of total assets), but 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · 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
17.1%
Return on assets
3.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
31 d late
2021
12 d early
2020
24 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€849k▲ 27.4%
2024 · €667k
2018: €252k
2019: €335k
2020: €438k
2021: €414k
2022: €434k
2023: €637k
2024: €667k
2018 → 2025
Total assets
€4.96M▲ 4.8%
2024 · €4.74M
2018: €986k
2019: €832k
2020: €1.02M
2021: €1.13M
2022: €1.39M
2023: €2.23M
2024: €4.74M
2018 → 2025
Net result
€183k▲ 257%
2024 · €51k
2018: €56k
2019: €128k
2020: €158k
2021: €31k
2022: €142k
2023: €276k
2024: €51k
2018 → 2025
Working capital
€1.14M▼ 9.9%
2024 · €1.26M
2018: €192k
2019: €297k
2020: €424k
2021: €428k
2022: €651k
2023: €1.26M
2024: €1.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€414k-€434k▲ 4.7%€637k▲ 47.0%€667k▲ 4.6%€849k▲ 27.4%
Operating result€52k-€199k▲ 284%€383k▲ 92.2%€79k▼ 79.5%€307k▲ 291%
Net result€31k-€142k▲ 361%€276k▲ 95.2%€51k▼ 81.4%€183k▲ 257%
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 291% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.96M
Fixed assets
€2.76M ▲ 0.4%
Current assets
€2.20M ▲ 10.9%
Equity and liabilities €4.96M
Equity
€849k ▲ 27.4%
Debt
€4.11M ▲ 1.1%
Debt's share of the balance-sheet total falls from 85.9% to 82.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€444k▲
2024 · €403k
Cash flow
€320k▼
2024 · €376k
Current ratio
2.07▼
2024 · 2.74
Quick ratio
0.59▼
2024 · 0.91
Debt to equity
4.84▼
2024 · 6.10
ROE
21.5%▲
2024 · 7.7%
ROA
3.7%▲
2024 · 1.1%
Interest coverage
7.15▼
2024 · 38.88
Debt ≤ 1 year
€1.07M▲
2024 · €724k
Debt > 1 year
€3.02M▼
2024 · €3.34M
Income taxes
€62k▲
2024 · €17k
Staff costs
€276k▲
2024 · €227k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.74M€4.96M▲
Fixed assets21/28€2.75M€2.76M▲
Tangible fixed assets22/27€2.74M€2.76M▲
Land and buildings22€2.65M€2.56M▼
Plant, machinery and equipment23€2k€30k▲
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€84k€168k▲
Financial fixed assets28€11k€1k▼
Current assets29/58€1.99M€2.20M▲
Stocks and contracts in progress3€1.32M€1.57M▲
Stocks30/36€1.32M€1.57M▲
Amounts receivable within one year40/41€37k€125k▲
Trade receivables40€0€28k▲
Other amounts receivable41€37k€96k▲
Cash at bank and in hand54/58€625k€495k▼
Deferred charges and accrued income490/1-€12k
Equity and liabilities
Total equity and liabilities10/49€4.74M€4.96M▲
Equity10/15€667k€849k▲
Contributions10/11€20k€20k=
Reserves13€613k€823k▲
Non-distributable reserves130/1€46k€46k=
Reserves not available under the articles1311€46k€46k=
Tax-exempt reserves132€50k€50k=
Distributable reserves133€517k€727k▲
Profit (loss) carried forward14€34k€6k▼
Amounts payable17/49€4.07M€4.11M▲
Amounts payable after more than one year17€3.34M€3.02M▼
Financial debts170/4€2.70M€2.09M▼
Other amounts payable178/9€637k€931k▲
Amounts payable within one year42/48€724k€1.07M▲
Current portion of amounts payable after more than one year42-€99k
Financial debts43€7k€7k▼
Credit institutions430/8€7k€7k▼
Trade debts44€599k€916k▲
Suppliers440/4€599k€916k▲
Taxes, remuneration and social security45€94k€18k▼
Taxes450/3€65k€6k▼
Remuneration and social security454/9€29k€13k▼
Other amounts payable47/48€25k€25k=
Accrued charges and deferred income492/3€5k€24k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€227k€276k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€324k€137k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€2k▲
Other operating charges640/8€11k€21k▲
Gross operating margin9900€634k€743k▲
Operating profit (loss)9901€79k€307k▲
Financial income75/76B€107€196▲
Recurring financial income75€107€196▲
Financial charges65/66B€10k€62k▲
Recurring financial charges65€10k€62k▲
Profit (loss) for the period before taxes9903€68k€245k▲
Income taxes67/77€17k€62k▲
Profit (loss) for the period9904€51k€183k▲
Profit (loss) for the period to be appropriated9905€51k€183k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€216k▲
Profit (loss) brought forward from the previous period14P€4k€34k▲
Transfer to equity691/2€0€210k▲
To other reserves6921€0€210k▲
Profit to be distributed694/7€22k€0▼
Return on contributions (dividend)694€22k€0▼
Social balance
Average headcount (FTE)90873.94.7▲
The notes to these accounts (21 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €276k ▲95.2%
Operating result €383k, net result €276k, both a record.
31-12
Financial
Equity above €500kEq €637k ▲47%
6 profitable years in a row build equity to €637k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €31k ▼80.6%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 1 establishment unit since 1988
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.
Grotesteenweg-Zuid 289052 GentGround area
3,954 m²
Building footprint
947 m²
Volume, LiDAR
3,953 m³
Parcel 44082A0458/00K000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HONDA -I.MAHY
since 19882.038.616.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082A0458/00K000 | Flanders | 3,954 m² | 1 · 947 m² | 5.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
GOVAERTS WAANRODE
BE 0436.632.434
Kortenaken · Eq €849,404
VANOVERBEKE
BE 0842.471.526
Koksijde · Eq €849,340
DYNAMIC CARS
BE 0534.684.685
Essen · Eq €849,202
DEWILDE MOTOR & C°
BE 0415.619.066
Anderlecht · Eq €850,082
TRUCK EN AUTO CENTER
BE 0449.451.082
Grobbendonk · Eq €850,093
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,086 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:accounting@garagemgent.be
Phone:092251394