AUTO BELMA
ActiveThe computed 12-month bankruptcy probability of AUTO BELMA is 1.6% (moderate). The 2024 annual accounts show equity of €72k and a net result of €21k. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+26
Solvency100=
Growth51▼-4
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 10.85 against 4.76 in 2023; short-term debt: 8.8% and cash: 20.5% of total assets), and 8.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €72k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
151 d late
2023
131 d late
2022
141 d late
2021
190 d late
2020
555 d late
2019
283 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€359k▲ 5.3%
2023 · €341k
2022: €264k
2023: €341k
2022 → 2024
EBIT margin
8.9%▲ 7.0pp
2023 · 1.9%
2022: -2.7%
2023: 1.9%
2022 → 2024
Net result
€21k▲ 335%
2023 · €5k
2018: €21k
2019: €-10k
2020: €-17k
2021: €5k
2022: €-12k
2023: €5k
2018 → 2024
Working capital
€69k▲ 45.0%
2023 · €48k
2018: €81k
2019: €71k
2020: €52k
2021: €57k
2022: €41k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€264k€341k▲ 29.1%€359k▲ 5.3%
Equity€54k-€59k▲ 8.3%€47k▼ 20.7%€51k▲ 10.4%€72k▲ 40.9%
Operating result€-14k-€10k€-7k€6k€32k▲ 404%
Net result€-17k-€5k€-12k€5k€21k▲ 335%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 404% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€3k▼ 11.5%
Current assets
€76k▲ 26.2%
Equity and liabilities €79k
Equity
€72k▲ 40.9%
Debt
€7k▼ 44.6%
The debt ratio falls from 19.8% to 8.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2023 · €8k
Cash flow
€21k▲
2023 · €7k
Solvency
91.2%▲
2023 · 80.2%
Current ratio
10.85▲
2023 · 4.76
Quick ratio
8.67▲
2023 · 3.05
Debt / equity
0.10▼
2023 · 0.25
ROE
29.0%▲
2023 · 9.4%
ROA
26.5%▲
2023 · 7.5%
Interest coverage
104.30▲
2023 · 5.51
Debt
€7k▼
2023 · €13k
Debt ≤ 1 year
€7k▼
2023 · €13k
Income taxes
€11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€79k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€80€80=
Current assets29/58€60k€76k▲
Stocks and contracts in progress3€22k€15k▼
Stocks30/36€22k€15k▼
Amounts receivable within one year40/41€27k€44k▲
Trade receivables40-€36k
Other amounts receivable41€27k€8k▼
Cash at bank and in hand54/58€10k€16k▲
Deferred charges and accrued income490/1€2k€193▼
Equity and liabilities
Total equity and liabilities10/49€64k€79k▲
Equity10/15€51k€72k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€37k€58k▲
Amounts payable17/49€13k€7k▼
Amounts payable within one year42/48€13k€7k▼
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€11k-
Taxes450/3€6k-
Remuneration and social security454/9€5k-
Income statement
Code20232024
Turnover70€341k€359k▲
Goods, raw materials, services and sundry goods60/61€308k€325k▲
Remuneration, social security and pensions62€25k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€430▼
Other operating charges640/8€952€2k▲
Gross operating margin9900€34k€34k▲
Operating profit (loss)9901€6k€32k▲
Financial charges65/66B€1k€310▼
Recurring financial charges65€1k€310▼
Profit (loss) for the period before taxes9903€5k€32k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€5k€21k▲
Profit (loss) for the period to be appropriated9905€5k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€58k▲
Profit (loss) brought forward from the previous period14P€32k€37k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 151 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 10.85
Current ratio from 4.76 to 10.85; short-term debt falls from €13k to €7k.
09-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 131 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 190 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 555 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
10-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 283 days late
2020
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Liquidity times 5current ratio 31.52
Current ratio from 6.51 to 31.52; short-term debt falls from €15k to €2k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 228 days late
2015
29-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 151 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Sint-Jans-Molenbeek · 2 establishment units since 2004
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.
Pradostraat 181080 Sint-Jans-MolenbeekGround area
188 m²
Building footprint
84 m²
Volume, LiDAR
811 m³
2 parcels, Brussels · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
AUTO BELMA
since 20042.135.895.062
Graaf van Vlaanderenstraat 34, 1080 Sint-Jans-Molenbeek
since 20112.195.979.238
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0160/00P002 | Brussels | 102 m² | - | - |
| 21522B0220/00E000 | Brussels | 85 m² | 1 · 84 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSint-Jans-Molenbeek2.135.895.062
Sint-Jans-Molenbeek2.195.979.238
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-03-2004
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.