AUTO+
ActiveFrom the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of AUTO+ is 6.6% (elevated). For AUTO+, at least two annual filings are missing. The 2022 annual accounts show equity of €61,459 and a net result of €2,963. Equity has been growing by about 11% per year since 2018. 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.
Overview
Official details
KBO- Status
- Active since 16-09-1993 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Chemin des Prés 99, 1480 Tubize
- Activity
- Renting and leasing of cars and light motor vehicles NACE 77110and 1 other
- Establishment unit
- 2.067.070.988 1480 Tubize, since 01-06-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.6%
2022 figures too old to score
Annual accounts 2022
- Gross margin
- €21,666
- ▼ 57.5%
- Turnover
- ≈ €63,000
- estimated
- Profit
- €2,963
- ▼ 83.4%
- Equity
- €61,459
- ▲ 5.1%
- Total assets
- €175,578
- ▼ 5.0%
2023 accounts not filed, 823 days past the deadline
Filed on 31-08-2023PDF
Signalsraises riskFigures for financial year 2022 (filed on 04-09-2023)3 financial years not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 accounts lateSize: total assets €175,578Two or more financial years not filed2022 accounts filed 31 days latelowers riskFounded in 1993Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Average
Solvency
60+3
equity 35.0% of total assets
Liquidity
36+1
short-term debt 38.6% · cash 2.9%
Profitability
71-10
return on assets 1.7%
Bankruptcy probability within 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%lowest value
12-2024: 3.0%▲ +0.8 percentage points vs 11-2024
01-2025: 5.6%▲ +2.6 percentage points vs 12-2024
02-2025: 5.6%● unchanged vs 01-2025
03-2025: 5.9%▲ +0.3 percentage points vs 02-2025
04-2025: 5.4%▼ -0.5 percentage points vs 03-2025
05-2025: 5.4%● unchanged vs 04-2025
06-2025: 5.4%● unchanged vs 05-2025
07-2025: 5.4%● unchanged vs 06-2025
08-2025: 7.1%▲ +1.7 percentage points vs 07-2025
09-2025: 7.1%● unchanged vs 08-2025
10-2025: 7.7%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 7.7%● unchanged vs 10-2025highest value
12-2025: 7.2%▼ -0.5 percentage points vs 11-2025
01-2026: 7.2%● unchanged vs 12-2025
02-2026: 7.2%● unchanged vs 01-2026
03-2026: 7.1%▼ -0.1 percentage points vs 02-2026
04-2026: 7.1%● unchanged vs 03-2026
05-2026: 7.1%● unchanged vs 04-2026
06-2026: 7.1%● unchanged vs 05-2026
07-2026: 7.1%● unchanged vs 06-2026
08-2026: 6.6%▼ -0.5 percentage points vs 07-2026
09-2026: 6.6%● unchanged vs 08-2026
10-2026: 6.6%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline01-11-2026 today
raises risk · 2022 accounts filed 31 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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
not filed
2024
not filed
2023
not filed
2022
31 days late
2021
61 days late
2020
137 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 72 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2022, micro format
2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are 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 1 November 2026.
Latest annual accounts filed
Annual accounts 2022
- Financial year ended
- 31-12-2022
- Filed on
- 31-08-2023
- Format
- micro format
- Reference
- 2023-00415484
Turnover
≈ €63,000
Estimated: probably between €46,000 and €130,000
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 for 2022 is 82% lower than in 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Operating result€4,179
2022
Net result€2,963
2022
Assets, equity and debt per financial year.
Total assets€175,578
2022
Equity€61,459
2022
Debt€114,118
2022
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital€69,613
2022
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Return on assets (ROA)1.7%
2022
The higher the solvency, the better the company absorbs a setback.
Solvency35.0%
2022
A ratio above 1 means the short-term assets cover the short-term debts.
Current ratio2.03
2022
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Rental and leasing activities (NACE 77). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and 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 sector band is the middle half of the companies in Rental and leasing activities (NACE 77). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
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
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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Comparable companies
These companies have the same main activity as AUTO+: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €121,000 and €253,000, founded between 1987 and 2000.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| AUTO+ Tubize | 1993 | €175,578 | €61,459 | €21,666 | - | €2,963 | 2022 |
| NOSTALGIC CARS Wichelen | 1991 | €188,054 | €112,135 | €25,638 | - | €1,921 | 2025 |
| S.E.T.I.N. Dalhem | 1994 | €121,471 | €98,127 | €18,199 | €48,141 | €11,315 | 2025 |
| VANCY Aalst | 1998 | €247,108 | €32,103 | €23,203 | - | €13,111 | 2025 |
| NETHX Zandhoven | 2000 | €235,661 | €228,324 | €23,496 | - | €13,137 | 2025 |
| VALDIVAN Herve | 1987 | €162,308 | €67,001 | €11,784 | - | -€34,722 | 2025 |
| HUYSMANS - VANHOOF Balen | 1992 | €252,625 | €235,493 | €37,031 | - | €24,826 | 2025 |
They were chosen from the 784 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director
Fontanazza Signorino
Current
Director · listed in the 2022 annual accounts, filed on 31-08-2023
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fontanazza Signorino |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from the directors of AUTO+. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2023
31-08
financial year 2022 · micro format · 31 days late
2022
30-09
financial year 2021 · micro format · 61 days late
2021
31-12
Financial
Back to profitnet €17,878
The net result is €17,878, after one loss-making year.
15-12
financial year 2020 · micro format · 137 days late
2020
31-12
Financial
Weakest financial yearnet -€7,308
The net result drops to -€7,308, the lowest from 2018 to 2022. It recovers the following year.
29-09
financial year 2019 · micro format · 60 days late
14-01
financial year 2018 · micro format · 167 days late
2017
03-05
financial year 2015 · full format · 276 days late
2015
27-11
financial year 2014 · full format · 119 days late
2013
27-08
financial year 2012 · full format · 27 days late
2012
26-09
financial year 2011 · full format · 57 days late
2011
02-11
financial year 2010 · full format · 94 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordName
AUTO+ in French
Trade name
AUTO PLUS in French
Enterprise number
0450.869.262
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
16-09-1993
Entity type
Legal entity
Registered office and establishments
Registered office
Chemin des Prés 99, 1480 Tubize, Belgium
Establishments
1 establishment unit since 1994
Activities
NACEBEL 202577110
Renting and leasing of cars and light motor vehicles main activity
47811
Retail sale of cars and light vans (up to 3.5 tonnes)
Invoicing and payment
VAT number
BE 0450.869.262
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
The scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
Location
1 establishment unit
AUTO +
since 1994unit number 2.067.070.988
Buildings and parcels at the address
Ground area
4,592 m²
Building footprint
186 m²
Building volume
1,237 m³
Parcel 25105C0107/00M004, Wallonia · tallest building 8.8 m.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25105C0107/00M004 | Wallonia | 4,592 m² | 1 · 186 m² | 8.8 m · 2 |