V&P GARAGE
ActiveSummary
V&P GARAGE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14k and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+17
Solvency30=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.96 in 2023; short-term debt: 19.8% and cash: 4.8% of total assets), but 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
5.1%
Return on assets
-0.5%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-1k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
139 d late
2022
21 d early
2021
16 d early
2020
23 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 9.5%
2023 · €15k
2018: €9k
2019: €3k
2020: €-268
2021: €32k
2022: €28k
2023: €15k
2018 → 2024
Total assets
€267k▼ 13.0%
2023 · €307k
2018: €378k
2019: €337k
2020: €339k
2021: €387k
2022: €373k
2023: €307k
2018 → 2024
Net result
€-1k▲ 88.7%
2023 · €-13k
2018: €3k
2019: €-6k
2020: €-4k
2021: €32k
2022: €-4k
2023: €-13k
2018 → 2024
Working capital
€56k▼ 12.5%
2023 · €63k
2018: €34k
2019: €36k
2020: €44k
2021: €44k
2022: €65k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-268-€32k€28k▼ 12.2%€15k▼ 45.6%€14k▼ 9.5%
Operating result€5k-€46k▲ 772%€6k▼ 87.4%€-3k€7k
Net result€-4k-€32k€-4k€-13k▼ 228%€-1k▲ 88.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €267k
Fixed assets
€159k ▼ 10.5%
Current assets
€108k ▼ 16.3%
Equity and liabilities €267k
Equity
€14k ▼ 9.5%
Debt
€253k ▼ 13.1%
Debt's share of the balance-sheet total falls from 95.1% to 94.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▲
2023 · €19k
Cash flow
€19k▲
2023 · €9k
Current ratio
2.05▲
2023 · 1.96
Quick ratio
0.81▼
2023 · 1.02
Debt to equity
18.49▼
2023 · 19.27
ROE
-10.4%▲
2023 · -83.8%
ROA
-0.5%▲
2023 · -4.1%
Interest coverage
3.97▲
2023 · 2.41
Debt ≤ 1 year
€53k▼
2023 · €66k
Debt > 1 year
€200k▼
2023 · €226k
Income taxes
€2k▼
2023 · €2k
Staff costs
€40k▼
2023 · €41k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€307k€267k▼
Fixed assets21/28€177k€159k▼
Intangible fixed assets21-€1k
Tangible fixed assets22/27€177k€157k▼
Land and buildings22€173k€154k▼
Plant, machinery and equipment23€4k€2k▼
Financial fixed assets28€350€350=
Current assets29/58€130k€108k▼
Stocks and contracts in progress3€62k€65k▲
Stocks30/36€62k€65k▲
Amounts receivable within one year40/41€48k€30k▼
Trade receivables40€35k€18k▼
Other amounts receivable41€13k€12k▼
Cash at bank and in hand54/58€19k€13k▼
Equity and liabilities
Total equity and liabilities10/49€307k€267k▼
Equity10/15€15k€14k▼
Contributions10/11€12k€12k=
Outside capital11€12k-
Share premium1100/10€12k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€875€-557▼
Amounts payable17/49€292k€253k▼
Amounts payable after more than one year17€226k€200k▼
Financial debts170/4€226k€200k▼
Amounts payable within one year42/48€66k€53k▼
Current portion of amounts payable after more than one year42€25k€27k▲
Trade debts44€16k€20k▲
Suppliers440/4€16k€20k▲
Taxes, remuneration and social security45€19k€6k▼
Taxes450/3€14k€6k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€6k-
Income statement
Code20232024
Remuneration, social security and pensions62€41k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€20k▼
Other operating charges640/8€11k€10k▼
Non-recurring operating charges66A€14k-
Gross operating margin9900€84k€77k▼
Operating profit (loss)9901€-3k€7k▲
Financial income75/76B€8€52▲
Recurring financial income75€8€52▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-11k€171▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€-13k€-1k▲
Profit (loss) for the period to be appropriated9905€-13k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€875€-557▼
Profit (loss) brought forward from the previous period14P€14k€875▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 190 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Esneux · 2 establishment units since 2009
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.
Rue de Poulseur 554130 EsneuxGround area
1,232 m²
Building footprint
224 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Rue de Poulseur 55, 4130 Esneux
since 20092.181.240.978
Lovely Store
since 20212.321.465.366
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032E0847/00N003 | Wallonia | 1,123 m² | 1 · 172 m² | - |
| 62032C0045/02M000 | Wallonia | 109 m² | 1 · 52 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
TMH SERVICES
BE 0737.566.224
Zaventem · Eq €13,721
HETEM AUTOHANDEL
BE 0785.757.111
Roeselare · Eq €13,726
V6 CARS
BE 0738.841.872
Sint-Agatha-Berchem · Eq €13,728
GT TRADING
BE 0765.995.043
Deinze · Eq €13,664
AMJ AUTOBEDRIJF
BE 0724.900.992
Sint-Jans-Molenbeek · Eq €13,638
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,353 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 (pre-2019)
Founded11-09-2009
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)
68201Renting and operating of own or leased residential real estate, excluding social housing
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vp.garage@hotmail.com