AUTO ARAM
InactiveAUTO ARAM was declared bankrupt on 04-10-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 25-10-2022, published in the Belgian State Gazette on 03-11-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-12-2021, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
151 d late
2019
155 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€98
2019 · €-26k
2018: €-37k
2019: €-26k
2018 → 2020
Total assets
€77k▲ 1.3%
2019 · €77k
2018: €94k
2019: €77k
2018 → 2020
Net result
€26k▲ 531%
2019 · €4k
2018: €-30k
2019: €4k
2018 → 2020
Working capital
€-21k▲ 64.3%
2019 · €-60k
2018: €-68k
2019: €-60k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-37k-€-26k▲ 28.3%€98
Operating result€-28k-€7k€32k▲ 332%
Net result€-30k-€4k€26k▲ 531%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 332% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €77k
Fixed assets
€26k▼ 46.4%
Current assets
€51k▲ 85.2%
Equity and liabilities €77k
Equity
€98
Debt
€77k
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€57k▲
2019 · €41k
Cash flow
€51k▲
2019 · €37k
Solvency
0.1%▲
2019 · -34.3%
Current ratio
0.71▲
2019 · 0.32
Quick ratio
0.71▲
2019 · 0.32
ROA
34.0%▲
2019 · 5.5%
Debt
€77k▼
2019 · €103k
Debt ≤ 1 year
€73k▼
2019 · €88k
Debt > 1 year
€5k▼
2019 · €15k
Income taxes
€3k▲
2019 · €358
Equity ratios withheld: equity of €98 is too small for a meaningful ratio.
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€77k€77k▲
Fixed assets21/28€49k€26k▼
Tangible fixed assets22/27€49k€21k▼
Financial fixed assets28-€5k
Current assets29/58€28k€51k▲
Amounts receivable within one year40/41€27k€50k▲
Cash at bank and in hand54/58-€255
Equity and liabilities
Total equity and liabilities10/49€77k€77k▲
Equity10/15€-26k€98▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-45k€-19k▲
Amounts payable17/49€103k€77k▼
Amounts payable after more than one year17€15k€5k▼
Amounts payable within one year42/48€88k€73k▼
Trade debts44€151€10k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€25k▼
Gross operating margin9900€108k€79k▼
Operating profit (loss)9901€7k€32k▲
Recurring financial income75-€582
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€5k€29k▲
Income taxes67/77€358€3k▲
Profit (loss) for the period9904€4k€26k▲
Profit (loss) for the period to be appropriated9905€4k€26k▲
Timeline · acts, filings and financial milestones
2022
03-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SPRL AUTO ARAM RUE ABBE CUYPERS 3, 1040 ETTERBEEK. déclarée le 4 octobre 2021 · event 25-10-2022
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 151 days late
11-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL AUTO ARAM RUE ABBE CUYPERS 3, 1040 ETTERBEEK · event 04-10-2021
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 155 days late
2020
31-12
Financial
Highest result since 2018net €26k ▲531%
Operating result €32k, net result €26k, both a record.
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
18-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 110 days late
24-01
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · AUTO ARAM SPRL BOULEVARD EDMOND MACH- TENS 156-15, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 19 novembre 2018 · event 14-01-2019
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 121 days late
27-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · AUTO ARAM SPRL BOULEVARD EDMOND MACHTENS 156-15, 1080 MOLENBEEK-SAINT-JEAN · event 19-11-2018
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 BRUXELLES 5 |
04-10-2021 → present |
| Curator | DIANE OSSIEUR AVENUE HIPPOLITE LIMBOURG 19,
1070 BRUXELLES 7 |
19-11-2018 → present |