AECARS
ActiveSummary
AECARS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.5m and a net result of €172,991. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 59% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
1 site
Size
€15.1mturnover 2025
- Staff
- 6 FTE
- Equity
- €8.5m
- Profit
- €172,991
Structure
- Alexander ROELENSDirector
Auditor: POUSEELE CARON BEDRIJFSREVISOREN2025 accounts filed 29 days late3 of 10 deeds summarised
Why 89raises riskLiquidity: current ratio 2.12, cash €365,247lowers riskFounded in 2005Figures for financial year 2025 (filed 03-06-2026)Equity €8.5m (53.5% of total assets)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency
79+3
equity 53.5% of total assets
Liquidity
32+2
short-term debt 43.0% · cash 2.3%
Profitability
39+2
return on assets 1.1%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.4 percentage points vs 04-2025
06-2025: 1.0%▲ +0.2 percentage points vs 05-2025highest value
07-2025: 0.2%▼ -0.8 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.3 percentage points vs 04-2026
06-2026: 0.9%▲ +0.2 percentage points vs 05-2026
07-2026: 0.2%▼ -0.7 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.12, compared with 2.05 in 2024, above the usual 1.5; short-term debt: 43% and cash: 2.3% of total assets), and 46.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 60% on solvency, 29% on liquidity, 31% on profitability and 63% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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.
lowers riskraises risk
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
29 days late
2024
30 days late
2023
on the day
2022
2 days late
2021
1 day early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 2 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Bruno POUSEELE
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (29 days) Filed on 29 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00133766.
Turnover
€15.1m▲ 17.2%
2024 · €12.9m
EBIT margin
4.2%▼ 0.4pp
2024 · 4.5%
Net result
€172,991▲ 121%
2024 · €78,439
Working capital
€7.6m▲ 1.2%
2024 · €7.5m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 8% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€15.1m
2025
Operating result€0.6m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.8m
2025
Equity€8.5m
2025
Debt€7.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€7.6m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin4.2%
2025
Return on assets (ROA)1.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency53.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.12
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€12.6m-€12.5m▼ 0.6%€16.8m▲ 34.2%€21.3m▲ 26.8%€19.6m▼ 8.2%€12.9m▼ 34.3%€15.1m▲ 17.2%
Operating result€0.3m-€0.7m▲ 143%€1.3m▲ 89.7%€1.2m▼ 7.2%€1.0m▼ 16.2%€0.6m▼ 43.0%€0.6m▲ 7.8%
Net result€0.08m-€0.4mwithin the sector's middle half▲ 327%€0.8mabove the sector's middle half▲ 115%€0.8mabove the sector's middle half▼ 2.4%€0.5mwithin the sector's middle half▼ 36.1%€0.08mwithin the sector's middle half▼ 83.7%€0.2mwithin the sector's middle half▲ 121%
EBIT margin2.3%-5.5%▲ 3.3pp7.8%▲ 2.3pp5.7%▼ 2.1pp5.2%▼ 0.5pp4.5%▼ 0.7pp4.2%▼ 0.4pp
Equity€5.8m-€6.2mabove the sector's middle half▲ 6.1%€7.0mabove the sector's middle half▲ 12.5%€7.7mabove the sector's middle half▲ 10.8%€8.2mabove the sector's middle half▲ 6.2%€8.3mabove the sector's middle half▲ 1.0%€8.5mabove the sector's middle half▲ 2.1%
Total assets€13.0m-€13.2mabove the sector's middle half▲ 1.4%€14.3mabove the sector's middle half▲ 7.9%€15.0mabove the sector's middle half▲ 5.0%€16.6mabove the sector's middle half▲ 10.6%€16.2mabove the sector's middle half▼ 2.2%€15.8mabove the sector's middle half▼ 2.7%
Debt€7.1m-€6.9m▼ 2.5%€7.1m▲ 3.4%€7.0m▼ 2.0%€8.3m▲ 18.5%€7.9m▼ 5.3%€7.3m▼ 7.7%
Working capital€5.0m-€5.3mabove the sector's middle half▲ 5.7%€6.0mabove the sector's middle half▲ 13.5%€7.0mabove the sector's middle half▲ 15.1%€7.5mabove the sector's middle half▲ 7.7%€7.5mabove the sector's middle half▲ 0.5%€7.6mabove the sector's middle half▲ 1.2%
Solvency44.7%-46.8%within the sector's middle half▲ 2.1pp48.8%within the sector's middle half▲ 2.0pp51.4%within the sector's middle half▲ 2.7pp49.4%within the sector's middle half▼ 2.0pp51.0%within the sector's middle half▲ 1.6pp53.5%within the sector's middle half▲ 2.5pp
Current ratio1.87-1.92within the sector's middle half▲ 0.051.98within the sector's middle half▲ 0.062.13within the sector's middle half▲ 0.152.01within the sector's middle half▼ 0.122.05within the sector's middle half▲ 0.042.12within the sector's middle half▲ 0.07
Return on assets (ROA)0.6%-2.7%within the sector's middle half▲ 2.1pp5.4%within the sector's middle half▲ 2.7pp5.0%within the sector's middle half▼ 0.4pp2.9%within the sector's middle half▼ 2.1pp0.5%within the sector's middle half▼ 2.4pp1.1%within the sector's middle half▲ 0.6pp
Staff (FTE)5.8-5within the sector's middle half▼ 13.8%5.9within the sector's middle half▲ 18.0%7.5within the sector's middle half▲ 27.1%6.6within the sector's middle half▼ 12.0%5.8within the sector's middle half▼ 12.1%6within the sector's middle half▲ 3.4%
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.8m
Fixed assets
€1.4m ▼ 8.4%
Current assets
€14.4m ▼ 2.1%
Equity and liabilities €15.8m
Equity
€8.5m ▲ 2.1%
Provisions
€76,923 ▼ 9.9%
Debt
€7.3m ▼ 7.7%
Debt's share of the balance-sheet total falls from 48.5% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€805,425▲
2024 · €781,222
Cash flow
€351,963▲
2024 · €278,662
Quick ratio
0.19▲
2024 · 0.16
Debt to equity
0.86▼
2024 · 0.95
ROE
2.0%▲
2024 · 0.9%
Interest coverage
2.04▲
2024 · 1.73
Debt ≤ 1 year
€6.8m▼
2024 · €7.2m
Debt > 1 year
€389,839▼
2024 · €560,005
Income taxes
€81,356▲
2024 · €49,637
Staff costs
€404,680▲
2024 · €343,234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.4%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €17.1m | €21.4m | €19.6m | €12.9m | €15.1m | ▲ 17.2% |
| Turnover70 | €12.6m | €12.5m | €16.8m | €21.3m | €19.6m | €12.9m | €15.1m | ▲ 17.2% |
| Other operating income74 | - | - | €0.3m | €0.04m | €0.07m | €0.05m | €0.06m | ▲ 16.9% |
| Operating charges60/66A | - | - | €15.8m | €20.2m | €18.6m | €12.3m | €14.5m | ▲ 17.6% |
| Goods for resale, raw materials and consumables60 | - | - | €14.8m | €19.0m | €17.4m | €11.0m | €13.2m | ▲ 19.4% |
| Purchases600/8 | - | - | €15.7m | €20.2m | €19.3m | €10.8m | €12.7m | ▲ 18.1% |
| Change in stocks: decrease (increase)609 | - | - | -€0.9m | -€1.2m | -€1.9m | €0.3m | €0.5m | ▲ 67.0% |
| Services and other goods61 | - | - | €0.4m | €0.5m | €0.6m | €0.6m | €0.7m | ▲ 10.9% |
| Remuneration, social security and pensions62 | - | - | €0.3m | €0.4m | €0.4m | €0.3m | €0.4m | ▲ 17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€0.02m | -€0.01m | -€0.02m | €0.01m | -€0.003m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €0.04m | €0.1m | -€0.2m | -€0.003m | -€0.008m | ▼ 218% |
| Other operating charges640/8 | - | - | €0.08m | €0.01m | €0.3m | €0.1m | €0.09m | ▼ 39.0% |
| Operating profit (loss)9901 | €0.3m | €0.7m | €1.3m | €1.2m | €1.0m | €0.6m | €0.6m | ▲ 7.8% |
| Financial income75/76B | - | - | €0.005m | €0.002m | €0.01m | €0.03m | €0.03m | ▲ 12.5% |
| Recurring financial income75 | €0.01m | €0.004m | €0.005m | €0.002m | €0.01m | €0.03m | €0.03m | ▲ 12.5% |
| Income from current assets751 | - | - | €0.003m | €0.002m | €0.01m | €0.008m | €0.03m | ▲ 275% |
| Other financial income752/9 | - | - | €0.003m | €54 | €64 | €0.02m | €0.003m | ▼ 83.5% |
| Financial charges65/66B | - | - | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 16.1% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 16.1% |
| Debt charges650 | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 12.7% |
| Other financial charges652/9 | - | - | €0.009m | €0.01m | €0.01m | €0.03m | €0.01m | ▼ 67.2% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.5m | €1.1m | €1.0m | €0.7m | €0.1m | €0.3m | ▲ 98.6% |
| Income taxes67/77 | €0.05m | €0.2m | €0.3m | €0.3m | €0.2m | €0.05m | €0.08m | ▲ 63.9% |
| Taxes670/3 | - | - | €0.3m | €0.3m | €0.2m | €0.05m | €0.08m | ▲ 63.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.002m | - | - | - | - |
| Profit (loss) for the period9904 | €0.08m | €0.4m | €0.8m | €0.8m | €0.5m | €0.08m | €0.2m | ▲ 121% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €0.4m | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0.4m | €0.4m | - | €0.3m | - |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.4m | €0.8m | €0.3m | €0.1m | €0.08m | €0.3m | ▲ 249% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €13.0m | €13.2m | €14.3m | €15.0m | €16.6m | €16.2m | €15.8m | ▼ 2.7% |
| Fixed assets21/28 | €2.2m | €2.2m | €2.1m | €1.9m | €1.7m | €1.5m | €1.4m | ▼ 8.4% |
| Intangible fixed assets21 | - | - | - | - | - | - | €0.005m | - |
| Tangible fixed assets22/27 | €2.2m | €2.1m | €2.1m | €1.9m | €1.7m | €1.5m | €1.4m | ▼ 8.8% |
| Land and buildings22 | - | - | €1.8m | €1.7m | €1.5m | €1.4m | €1.3m | ▼ 7.5% |
| Plant, machinery and equipment23 | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 20.7% |
| Furniture and vehicles24 | - | - | €0.3m | €0.2m | €0.1m | €0.05m | €0.01m | ▼ 72.1% |
| Financial fixed assets28 | €0.006m | €0.006m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other financial fixed assets284/8 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Amounts receivable and cash guarantees285/8 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €10.8m | €11.1m | €12.2m | €13.1m | €14.9m | €14.7m | €14.4m | ▼ 2.1% |
| Amounts receivable after more than one year29 | - | - | €0.06m | €0.03m | - | - | - | - |
| Other amounts receivable291 | - | - | €0.06m | €0.03m | - | - | - | - |
| Stocks and contracts in progress3 | €9.8m | €9.8m | €10.7m | €11.9m | €13.9m | €13.6m | €13.1m | ▼ 3.5% |
| Stocks30/36 | - | - | €10.7m | €11.9m | €13.9m | €13.6m | €13.1m | ▼ 3.5% |
| Goods purchased for resale34 | - | - | €10.7m | €11.9m | €13.9m | €13.6m | €13.1m | ▼ 3.5% |
| Amounts receivable within one year40/41 | €0.8m | €0.9m | €1.2m | €1.0m | €0.9m | €0.9m | €0.8m | ▼ 6.2% |
| Trade receivables40 | - | - | €1.2m | €0.9m | €0.5m | €0.3m | €0.4m | ▲ 29.2% |
| Other amounts receivable41 | - | - | €0.03m | €0.03m | €0.4m | €0.5m | €0.4m | ▼ 28.3% |
| Cash at bank and in hand54/58 | €0.05m | €0.2m | €0.2m | €0.1m | €0.08m | €0.2m | €0.4m | ▲ 93.1% |
| Deferred charges and accrued income490/1 | - | - | €0.02m | €0.04m | €0.07m | €0.06m | €0.1m | ▲ 74.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €13.0m | €13.2m | €14.3m | €15.0m | €16.6m | €16.2m | €15.8m | ▼ 2.7% |
| Equity10/15 | €5.8m | €6.2m | €7.0m | €7.7m | €8.2m | €8.3m | €8.5m | ▲ 2.1% |
| Contributions10/11 | €1.5m | - | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.6m | €1.0m | €1.0m | €0.9m | ▼ 10.5% |
| Non-distributable reserves130/1 | - | - | €0.1m | €0.1m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.1m | €0.1m | - | - | - | - |
| Tax-exempt reserves132 | - | - | €0.02m | €0.5m | €0.8m | €0.8m | €0.7m | ▼ 12.4% |
| Distributable reserves133 | - | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | €4.2m | €4.6m | €5.4m | €5.7m | €5.8m | €5.9m | €6.1m | ▲ 4.7% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.2m | €0.3m | €0.09m | €0.09m | €0.08m | ▼ 9.9% |
| Provisions for liabilities and charges160/5 | - | - | €0.2m | €0.3m | €0.09m | €0.09m | €0.08m | ▼ 9.9% |
| Other liabilities and charges164/5 | - | - | €0.2m | €0.3m | €0.09m | €0.09m | €0.08m | ▼ 9.9% |
| Amounts payable17/49 | €7.1m | €6.9m | €7.1m | €7.0m | €8.3m | €7.9m | €7.3m | ▼ 7.7% |
| Amounts payable after more than one year17 | €1.3m | €1.1m | €1.0m | €0.8m | €0.8m | €0.6m | €0.4m | ▼ 30.4% |
| Financial debts170/4 | - | - | €1.0m | €0.8m | €0.8m | €0.6m | €0.4m | ▼ 30.4% |
| Credit institutions173 | - | - | €1.0m | €0.8m | €0.8m | €0.6m | €0.4m | ▼ 30.4% |
| Amounts payable within one year42/48 | €5.8m | €5.8m | €6.1m | €6.2m | €7.4m | €7.2m | €6.8m | ▼ 5.5% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 33.4% |
| Financial debts43 | - | - | €2.8m | €2.9m | €3.2m | €3.2m | €3.2m | = |
| Credit institutions430/8 | - | - | €2.8m | €2.9m | €3.2m | €3.2m | €3.2m | = |
| Trade debts44 | €0.7m | €0.8m | €0.9m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 26.4% |
| Suppliers440/4 | - | - | €0.9m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 26.4% |
| Advances received on contracts in progress46 | - | - | €0.005m | €0.1m | - | - | €0.04m | - |
| Taxes, remuneration and social security45 | - | - | €0.5m | €0.4m | €0.7m | €0.6m | €0.4m | ▼ 25.7% |
| Taxes450/3 | - | - | €0.4m | €0.3m | €0.6m | €0.5m | €0.4m | ▼ 31.0% |
| Remuneration and social security454/9 | - | - | €0.05m | €0.09m | €0.1m | €0.08m | €0.08m | ▲ 10.3% |
| Other amounts payable47/48 | - | - | €1.8m | €2.3m | €2.6m | €2.6m | €2.6m | ▼ 2.6% |
| Accrued charges and deferred income492/3 | - | - | €0.04m | €0.04m | €0.08m | €0.1m | €0.08m | ▼ 31.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,875 | €358,490 | €772,357 | €753,837 | €481,659 | €78,439 | €172,991 | ▲ 121% |
| + Depreciation and write-downs630 | €148,591 | €192,113 | €210,419 | €224,475 | €215,149 | €200,223 | €178,972 | ▼ 10.6% |
| Operating cash flow (approximation) | €232,466 | €550,602 | €982,776 | €978,312 | €696,808 | €278,662 | €351,963 | ▲ 26.3% |
| Investment in fixed assets (approximation) | - | -€121,770 | -€162,143 | -€13,968 | -€9,480 | -€15,953 | -€51,784 | ▼ 225% |
| Change in cash | - | €154,780 | -€28,206 | -€50,460 | -€48,329 | €111,537 | €176,125 | ▲ 57.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 29-05-2026 | 2026-00133766 |
| 30-09-2024 | full format | 30-05-2025 | 2025-00114273 |
| 30-09-2023 | full format | 30-04-2024 | 2024-00080630 |
| 30-09-2022 | full format | 02-05-2023 | 2023-00076492 |
| 30-09-2021 | full format | 29-04-2022 | 2022-20023581 |
| 30-09-2020 | full format | 30-04-2021 | 2021-13000526 |
| 30-09-2019 | full format | 30-04-2020 | 2020-11300541 |
| 30-09-2018 | full format | 29-04-2019 | 2019-11400182 |
| 30-09-2017 | full format | 30-04-2018 | 2018-11500189 |
| 30-09-2016 | full format | 27-04-2017 | 2017-10500018 |
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Of the 2,058 active companies whose main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711), figures are known for 1,146. 222 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,993 awarded · €2,910 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €2,478 | €2,395 |
| 2023 | 1 | €0 | €515 |
| 2022 | 1 | €515 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
Board 1
Alexander ROELENS
CurrentStatutory director · since 09-10-2023
Statutory auditor 1
POUSEELE CARON BEDRIJFSREVISOREN
CurrentStatutory auditor · since 25-07-2022 · permanent representative: Bruno POUSEELE
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
7 of this company's 10 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2022, 2 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Alexander ROELENS |
|
| POUSEELE CARON BEDRIJFSREVISOREN |
|
Owners and capital
Capital and shareholders
Capital over the years
- 09-10-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
financial year 2025 · full format · 29 days late
2025
13-10
Gazette deed
Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Bruno POUSEELE3 facts ▸
Gazette deed
Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Bruno POUSEELE3 facts ▸
- General meeting, 30-05-2025
- Auditor reappointment, POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
- Permanent representative, Bruno POUSEELE (vaste vertegenwoordiger voor de uitoefening van het mandaat)
30-05
NBB filing
Annual accounts filed
financial year 2024 · full format · 30 days late
2024
30-09
Financial
Weakest financial yearnet €78,439 ▼83.7%
Net result drops to €78,439, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
09-10
Gazette deed
Resignation: Alexander ROELENS (manager)Appointment: Alexander ROELENS (statutory director) · Capital conversion · Reserve release16 facts ▸
Gazette deed
Resignation: Alexander ROELENS (manager)
Appointment: Alexander ROELENS (statutory director) · Capital conversion · Reserve release16 facts ▸
- General meeting, 27-09-2023
- Other provision, “Eerste Besluit.Aanpassing statuten aan WVV, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Registered office clause, “Vlaamse Gewest, Rijksweg 4,8870 Izegem” (deed in Dutch)
- Amendment of the articles (3 times)
- Other provision, “Derde Besluit website en email KBO” (deed in Dutch)
- Director resignation, Alexander ROELENS (manager)
- Director appointment, Alexander ROELENS (statutory director) (2 times)
- Board composition, Alexander ROELENS (director)
- Other provision, “verklaring geen verbodsbepaling mandaat” (deed in Dutch)
- Director discharge, Alexander ROELENS (ontslagnemende zaakvoerder)
- +4 further facts in this act
02-05
NBB filing
Annual accounts filed
financial year 2022 · full format · 2 days late
2022
25-07
Gazette deed
Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Bruno POUSEELE3 facts ▸
Gazette deed
Reappointment: POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Bruno POUSEELE3 facts ▸
- General meeting, 29-04-2022
- Auditor reappointment, POUSEELE CARON BEDRIJFSREVISOREN (statutory auditor)
- Permanent representative, Bruno POUSEELE (vaste vertegenwoordiger voor de uitoefening van het mandaat)
29-04
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
30-09
Financial
Highest result from 2019 to 2025net €772,357 ▲115%
Operating result €1.3m, net result €772,357, both a record.
30-04
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
30-04
NBB filing
Annual accounts filed
financial year 2019 · full format
Show earlier events
2019
29-04
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
30-04
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
27-04
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
3 of 10 deeds read
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded14-09-2005
Financial year end30-09
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
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)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876045107
Also
9925:BE0876045107
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2010
Ground area
4,278 m²
Building footprint
1,566 m²
Building volume
7,620 m³
Parcel 36008C0216/00E000, Flanders · tallest building 6.3 m. Linked by address, not a title deed.
1 establishment unit
AECARS
since 2010unit no. 2.188.310.397
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36008C0216/00E000 | Flanders | 4,278 m² | 1 · 1,566 m² | 6.3 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groot- en kleinhandel,commissiehandel en vertegenwoordiging,import en export,onderhoud,reparatie,assemblage van auto's en overige…” (deed in Dutch)
5 activities (deed in Dutch)
- Groot- en kleinhandel,commissiehandel en vertegenwoordiging,import en export,onderhoud,reparatie,assemblage van auto's en overige transportmiddelen alsook van hun onderdelen en accessoires;kleinhandel in motorbrandstoffen
- Beheer van onroerende en roerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks verband houden met dit voorwerp en die de opbrengst van de onroerende en roerende goederen moet bevorderen.Dit alles in de meest ruime zin,bijvoorbeeld het vruchtgebruik ervan.Het verwerven en vervreemden van onroerende goederen met uitsluiting van de handelingen als vastgoedmakelaar;het beheer van een onroerend vermogen en de huurfinanciering of het verlenen van soortgelijke rechten betreffende onroerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks verband houden met dit voorwerp en die de opbrengst van de onroerende goederen moet bevorderen,zoals het onderhoud van deze goederen
- De vennootschap mag op welke wijze ook betrokken zijn in of tot de overname overgaan van zaken,ondernemingen of vennootschappen die hetzelfde voorwerp hebben of die de ontwikkelingen van haar onderneming kunnen bevorderen.De vennootschap kan en mag belangen nemen,hetzij door deelneming,inbreng en/of op elke andere wijze,in alle vennootschappen,ondernemingen,verenigingen of groeperingen die een gelijkduidend,soortgelijk of aanvullend voorwerp nastreven die van die aard zijn de ontwikkeling van de onderneming te bevorderen
- Het toestaan van leningen en kredietopeningen aan vennootschappen of privé-personen,onder welke vorm ook.Het verrichten van alle handels- en financiële operaties,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
- Algemene regel:de vennootschap mag alle daden stellen in burgerlijke als commerciële aard,roerende,onroerende,industriële aard,die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk in verband staan met het voorwerp
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AECARS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2.Zetel” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. : Bevoegdheden van het bestuursorgaan Beslissingsbevoegdheid Als er slechts één bestuurder is, is het geheel van de bevoegdheden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Ontslag bestuurder, algemene vergadering kan mandaat van al dan niet in statuten benoemde bestuurder steeds beëindigen wegens wettige…” (deed in Dutch)“Één of meer bestuurders, met of zonder beperking” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Tenzij akte van benoeming of rechterlijke uitspraak anders bepalen, alle handelingen nodig of dienstig voor vereffening conform WVV” (deed in Dutch)