AD CAR
ActiveAD CAR has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €12k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
81
/ 100
Excellent▲ +32 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+56
Solvency49▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.94 in 2023), and 69.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
30.7%
Return on assets
6.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
61 d early
2022
60 d early
2021
62 d early
2020
54 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 26.5%
2023 · €44k
2018: €31k
2019: €32k
2020: €37k
2021: €39k
2022: €41k
2023: €44k
2018 → 2024
Total assets
€183k▲ 0.3%
2023 · €182k
2018: €111k
2019: €129k
2020: €105k
2021: €175k
2022: €189k
2023: €182k
2018 → 2024
Net result
€12k▲ 204%
2023 · €4k
2018: €3k
2019: €780
2020: €6k
2021: €2k
2022: €1k
2023: €4k
2018 → 2024
Working capital
€4k
2023 · €-7k
2018: €6k
2019: €13k
2020: €23k
2021: €9k
2022: €10k
2023: €-7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€39k▲ 5.0%€41k▲ 3.5%€44k▲ 9.6%€56k▲ 26.5%
Operating result€7k-€6k▼ 21.5%€5k▼ 10.7%€8k▲ 64.7%€18k▲ 116%
Net result€6k-€2k▼ 66.6%€1k▼ 26.6%€4k▲ 183%€12k▲ 204%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 116% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €183k
Fixed assets
€55k▼ 20.4%
Current assets
€128k▲ 12.9%
Equity and liabilities €183k
Equity
€56k▲ 26.5%
Debt
€127k▼ 8.1%
The debt ratio falls from 75.7% to 69.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▲
2023 · €28k
Cash flow
€36k▲
2023 · €23k
Solvency
30.7%▲
2023 · 24.3%
Current ratio
1.03▲
2023 · 0.94
Quick ratio
0.92▲
2023 · 0.78
Debt / equity
2.26▼
2023 · 3.11
ROE
21.0%▲
2023 · 8.7%
ROA
6.4%▲
2023 · 2.1%
Interest coverage
32.32▲
2023 · 17.84
Debt
€127k▼
2023 · €138k
Debt ≤ 1 year
€124k▲
2023 · €121k
Debt > 1 year
€2k▼
2023 · €17k
Income taxes
€5k▲
2023 · €3k
Staff costs
€5k▼
2023 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€182k€183k▲
Fixed assets21/28€69k€55k▼
Tangible fixed assets22/27€69k€55k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€60k€44k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€114k€128k▲
Stocks and contracts in progress3€19k€15k▼
Stocks30/36€19k€15k▼
Amounts receivable within one year40/41€24k€11k▼
Trade receivables40€24k€11k▼
Cash at bank and in hand54/58€63k€97k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€182k€183k▲
Equity10/15€44k€56k▲
Contributions10/11€6k€6k=
Reserves13€5k€16k▲
Distributable reserves133€5k€16k▲
Profit (loss) carried forward14€33k€34k▲
Amounts payable17/49€138k€127k▼
Amounts payable after more than one year17€17k€2k▼
Financial debts170/4€17k€2k▼
Amounts payable within one year42/48€121k€124k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€11k€5k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€83k€95k▲
Accrued charges and deferred income492/3€180€179▼
Income statement
Code20232024
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€53k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€25k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€83k€50k▼
Operating profit (loss)9901€8k€18k▲
Financial income75/76B€2€141▲
Recurring financial income75€2€141▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€7k€17k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€4k€12k▲
Profit (loss) for the period to be appropriated9905€4k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€45k▲
Profit (loss) brought forward from the previous period14P€32k€33k▲
Transfer to equity691/2€4k€11k▲
To other reserves6921€4k€11k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €12k ▲204%
Operating result €18k, net result €12k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €780 ▼72.3%
Net result drops to €780, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Liège · 1 establishment unit since 2003
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 Belvaux 1824030 LiègeGround area
1,271 m²
Building footprint
389 m²
Volume, LiDAR
3,849 m³
Parcel 62047C1287/00B002, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AD CAR
since 20032.134.063.148
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62047C1287/00B002 | Wallonia | 1,271 m² | 1 · 389 m² | 11.3 m · 3 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
AY-Electriciens
BE 0674.595.507
Maasmechelen · Eq €56k
Karel Degrande
BE 0713.728.473
Alveringem · Eq €56k
DE BRUYN DANNY
BE 0876.483.288
Brecht · Eq €56k
CUMPS
BE 0431.366.522
Ottignies-Louvain-la-Neuve · Eq €56k
INNO ELEC
BE 0680.427.977
Kraainem · Eq €56k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,273. 8,605 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
50302
45112
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.