Skip to content

AUTO+

Active
Private limited company (pre-2019)founded 1993active for 33 yearsChemin des Prés 99, 1480 Tubize, BelgiumKBO/BCE: BE 0450.869.262
Summary

The computed 12-month bankruptcy probability of AUTO+ is 6.6% (elevated). For AUTO+, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €61,459 and a net result of €2,963. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 56% of 1,778 sector peers (NACE 77, financial year 2022). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 22 October 2026.

Equity
€61,459▲ 5.1%
2021 · €58,496
Total assets
€175,578▼ 5.0%
2021 · €184,865
Net result
€2,963▼ 83.4%
2021 · €17,878
Working capital
€69,613▼ 0.5%
2021 · €69,998
Trend over the years

2018 to 2022, 5 financial years 2018 to 2022, 5 financial years

The operating result falls in 2022; 2022 is 82% below 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,179 2022 Net result€2,963 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 77, Rental and leasing activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022
Operating result€15,183-€7,749▼ 49.0%-€5,301€23,723€4,179▼ 82.4%
Net result€8,227-€6,610▼ 19.7%-€7,308within the sector's middle half€17,878within the sector's middle half€2,963within the sector's middle half▼ 83.4%
Equity€41,317-€47,927▲ 16.0%€40,619within the sector's middle half▼ 15.2%€58,496within the sector's middle half▲ 44.0%€61,459within the sector's middle half▲ 5.1%
Total assets€234,351-€324,774▲ 38.6%€176,638within the sector's middle half▼ 45.6%€184,865within the sector's middle half▲ 4.7%€175,578within the sector's middle half▼ 5.0%
Debt€193,034-€276,848▲ 43.4%€136,020▼ 50.9%€126,369▼ 7.1%€114,118▼ 9.7%
Working capital-€47,994--€24,074▲ 49.8%€59,540above the sector's middle half€69,998above the sector's middle half▲ 17.6%€69,613above the sector's middle half▼ 0.5%
Solvency17.6%-14.8%▼ 2.9pp23.0%within the sector's middle half▲ 8.2pp31.6%within the sector's middle half▲ 8.6pp35.0%within the sector's middle half▲ 3.4pp
Current ratio0.73-0.91▲ 0.181.66within the sector's middle half▲ 0.751.86within the sector's middle half▲ 0.202.03within the sector's middle half▲ 0.17
Return on assets (ROA)3.5%-2.0%▼ 1.5pp-4.1%within the sector's middle half▼ 6.2pp9.7%within the sector's middle half▲ 13.8pp1.7%within the sector's middle half▼ 8.0pp
above within below the middle half of NACE 77, Rental and leasing activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €175,578
Fixed assets €38,238 ▲ 14.9%
Current assets €137,339 ▼ 9.4%
Equity and liabilities €175,578
Equity €61,459 ▲ 5.1%
Debt €114,118 ▼ 9.7%
Debt's share of the balance-sheet total falls from 68.4% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€20,425▼
2021 · €45,683
Cash flow
€19,209▼
2021 · €39,837
Debt to equity
1.86▼
2021 · 2.16
ROE
4.8%▼
2021 · 30.6%
Interest coverage
16.80▼
2021 · 29.95
Debt ≤ 1 year
€67,726▼
2021 · €81,582
Debt > 1 year
€44,671▼
2021 · €44,786
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 43 lines
Balance sheet Code20212022
Assets
Total assets20/58€184,865€175,578▼
Fixed assets21/28€33,285€38,238▲
Tangible fixed assets22/27€33,285€38,238▲
Furniture and vehicles24€10,500€21,150▲
Leasing and similar rights25€22,785€17,088▼
Current assets29/58€151,580€137,339▼
Amounts receivable within one year40/41€141,327€132,189▼
Trade receivables40€69,583€65,160▼
Other amounts receivable41€71,744€67,029▼
Cash at bank and in hand54/58€9,754€5,150▼
Deferred charges and accrued income490/1€500-
Equity and liabilities
Total equity and liabilities10/49€184,865€175,578▼
Equity10/15€58,496€61,459▲
Contributions10/11€12,395€12,395=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€44,242€47,205▲
Amounts payable17/49€126,369€114,118▼
Amounts payable after more than one year17€44,786€44,671▼
Financial debts170/4€44,786€44,671▼
Amounts payable within one year42/48€81,582€67,726▼
Current portion of amounts payable after more than one year42€20,866-
Trade debts44€47,851€64,213▲
Suppliers440/4€47,851€64,213▲
Taxes, remuneration and social security45€9,352-
Taxes450/3€9,352-
Other amounts payable47/48€3,513€3,513=
Accrued charges and deferred income492/3-€1,721
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,959€16,246▼
Other operating charges640/8€5,263€1,241▼
Gross operating margin9900€50,946€21,666▼
Operating profit (loss)9901€23,723€4,179▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1,525€1,216▼
Recurring financial charges65€1,525€1,216▼
Profit (loss) for the period before taxes9903€22,199€2,963▼
Income taxes67/77€4,321-
Profit (loss) for the period9904€17,878€2,963▼
Profit (loss) for the period to be appropriated9905€17,878€2,963▼
Appropriation of the result
Profit (loss) to be appropriated9906€44,242€47,205▲
Profit (loss) brought forward from the previous period14P€26,364€44,242▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66,341€36,992€22,829€21,959€16,246▼ 26.0%
Other operating charges640/8---€5,263€1,241▼ 76.4%
Gross operating margin9900€86,273€101,925€32,157€50,946€21,666▼ 57.5%
Operating profit (loss)9901€15,183€7,749-€5,301€23,723€4,179▼ 82.4%
Financial income75/76B---€1--
Recurring financial income75---€1--
Financial charges65/66B---€1,525€1,216▼ 20.3%
Recurring financial charges65€901€1,139€2,007€1,525€1,216▼ 20.3%
Profit (loss) for the period before taxes9903€14,282€6,610-€7,308€22,199€2,963▼ 86.7%
Income taxes67/77€6,056--€4,321--
Profit (loss) for the period9904€8,227€6,610-€7,308€17,878€2,963▼ 83.4%
Profit (loss) for the period to be appropriated9905€8,227€6,610-€7,308€17,878€2,963▼ 83.4%
Line20182019202020212022Change
Assets
Total assets20/58€234,351€324,774€176,638€184,865€175,578▼ 5.0%
Fixed assets21/28€106,279€88,006€26,763€33,285€38,238▲ 14.9%
Tangible fixed assets22/27€106,279€88,006€26,763€33,285€38,238▲ 14.9%
Furniture and vehicles24---€10,500€21,150▲ 101%
Leasing and similar rights25---€22,785€17,088▼ 25.0%
Current assets29/58€128,073€236,769€149,875€151,580€137,339▼ 9.4%
Amounts receivable within one year40/41€112,493€224,549€136,999€141,327€132,189▼ 6.5%
Trade receivables40---€69,583€65,160▼ 6.4%
Other amounts receivable41---€71,744€67,029▼ 6.6%
Cash at bank and in hand54/58€15,580€12,220€12,876€9,754€5,150▼ 47.2%
Deferred charges and accrued income490/1---€500--
Equity and liabilities
Total equity and liabilities10/49€234,351€324,774€176,638€184,865€175,578▼ 5.0%
Equity10/15€41,317€47,927€40,619€58,496€61,459▲ 5.1%
Contributions10/11€12,395€12,395-€12,395€12,395=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Profit (loss) carried forward14€27,062€33,672€26,364€44,242€47,205▲ 6.7%
Amounts payable17/49€193,034€276,848€136,020€126,369€114,118▼ 9.7%
Amounts payable after more than one year17€16,967€11,005€45,685€44,786€44,671▼ 0.3%
Financial debts170/4---€44,786€44,671▼ 0.3%
Amounts payable within one year42/48€176,067€260,843€90,335€81,582€67,726▼ 17.0%
Current portion of amounts payable after more than one year42---€20,866--
Trade debts44€568€81,404€66,165€47,851€64,213▲ 34.2%
Suppliers440/4---€47,851€64,213▲ 34.2%
Taxes, remuneration and social security45---€9,352--
Taxes450/3---€9,352--
Other amounts payable47/48---€3,513€3,513=
Accrued charges and deferred income492/3----€1,721-
Line20182019202020212022Change
Profit (loss) for the period9904€8,227€6,610-€7,308€17,878€2,963▼ 83.4%
+ Depreciation and write-downs630€66,341€36,992€22,829€21,959€16,246▼ 26.0%
Operating cash flow (approximation)€74,568€43,602€15,520€39,837€19,209▼ 51.8%
Investment in fixed assets (approximation)--€18,719€38,414-€28,481-€21,200▲ 25.6%
Change in cash--€3,360€656-€3,123-€4,603▼ 47.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2022 micro format 31-08-2023 2023-00415484
31-12-2021 micro format 30-09-2022 2022-20448176
31-12-2020 micro format 15-12-2021 2021-80300233
31-12-2019 micro format 29-09-2020 2020-56600508
31-12-2018 micro format 14-01-2020 2020-01600219
31-12-2015 full format 03-05-2017 2017-10800111
31-12-2014 full format 27-11-2015 2015-67900508
31-12-2012 full format 27-08-2013 2013-47100206
31-12-2011 full format 26-09-2012 2012-57900452
31-12-2010 full format 02-11-2011 2011-60100533

Show all 21 filings

Similar companies · same sector, comparable size

Of the 1,408 active companies whose main activity is renting and leasing of cars and light motor vehicles (NACE 77110), figures are known for 730. 487 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.