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AUTO AFBRAAK GENK

Active
Public limited companyfounded 1994active for 32 yearsReinpadstraat 199, 3600 Genk, BelgiumKBO/BCE: BE 0453.026.127
Summary

AUTO AFBRAAK GENK has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €469,016 and a net result of €398,163, of which €659,841 non-recurring income. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 79% of 3,512 sector peers (NACE 95, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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AUTO AFBRAAK GENKActiveChecked score 58/100
Risk analysis ReportCompare

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311Wholesale of motor vehicle parts and accessories NACE 46720
10th largest company by equity in Genk, Other services sector1 site
Size
€672,832total assets 2024
Staff
1.8 FTE
Equity
€469,016
Profit
€398,163
Turnover not published (micro format)
Financial health
58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts not filed, 88 days past the deadline1 of 7 deeds summarised
Why 58raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 03-07-2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.11, cash €596,630Founded in 1994Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 91% of its sector peers (NACE 95, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 95+53
equity 69.7% of total assets
Liquidity 91+61
short-term debt 24.3% · cash 88.7%
Profitability 100+63
return on assets 59.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,122 companies, NACE 95, micro)
Last 24 months 11-2024: 2.8% 12-2024: 3.3%▲ +0.5 percentage points vs 11-2024 01-2025: 5.3%▲ +2.0 percentage points vs 12-2024 02-2025: 5.3%● unchanged vs 01-2025 03-2025: 5.5%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 4.9%▼ -0.6 percentage points vs 03-2025 05-2025: 4.9%● unchanged vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 1.7%▼ -3.2 percentage points vs 06-2025 08-2025: < 0.1%▼ -1.7 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.4 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 4.11, compared with 1.04 in 2023, above the usual 1.5; short-term debt: 24.3% and cash: 88.7% of total assets), and 30.3% 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 95, micro): better than 79% on solvency, 90% on liquidity, 94% on profitability and 99% on growth.

The bankruptcy probability was computed on 27-10-2026 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).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 03-07-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 4.11, cash €596,630
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €469,016
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
30 days early
2023
328 days late
2022
11 days early
2021
12 days early
2020
4 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 45 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Veli KarayilmazRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Equity rose in 2024from €70,853 to €469,016 ▲ 562% View
  • Positive: Among the best 5% on net resultsector median €7,407 · 3,504 companies €398,163 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View

By topic

Financials

Financial year
2024
Total assets
€672,832
Profit
€398,163
Solvency
69.7%
Total assets▲ 61.8%
Net result
20182024
Go to Financials

Timeline

Events
36
Since
1996
  1. 31-12-2024Highest result from 2018 to 2024
  2. 31-12-2024Liquidity more than triples
  3. 31-12-2024Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
30-06-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about AUTO AFBRAAK GENK

What is the company number of AUTO AFBRAAK GENK?
0453.026.127. In Belgium the VAT number is the company number with BE in front: BE 0453.026.127.
Where is AUTO AFBRAAK GENK based?
The registered office is at Reinpadstraat 199, 3600 Genk.Company details
What does AUTO AFBRAAK GENK do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of AUTO AFBRAAK GENK?
Public limited company (NV).
When was AUTO AFBRAAK GENK founded?
On 30-06-1994.
Is AUTO AFBRAAK GENK still active?
Yes, AUTO AFBRAAK GENK is an active enterprise in the KBO register.
How many employees does AUTO AFBRAAK GENK have?
On average 1.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AUTO AFBRAAK GENK?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is AUTO AFBRAAK GENK profitable?
In financial year 2024, AUTO AFBRAAK GENK made a profit of €398,163.
Where can I find the annual accounts of AUTO AFBRAAK GENK?
AUTO AFBRAAK GENK filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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