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AUTO BODY SERVICES

Active
Cooperative companyfounded 1996active for 30 yearsBelgicastraat 18, 1930 Zaventem, BelgiumKBO/BCE: BE 0458.190.881

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 31-03-2026 PDF all 30 filings

Turnover
€2.9m▲ 11.2%
2022 · €2.6m
EBIT margin
-0.5%▼ 1.0pp
2022 · 0.5%
Net result
€9,161
2024 · -€85,748
Working capital
€393,307▲ 2.2%
2024 · €384,890
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €13,193, smaller than the loss of €109,293 in 2024.

Turnover€2.9m 2023 Operating result-€0.01m 2025 Net result€0.009m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). 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, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€1.5m-€1.8m▲ 25.2%€2.2m▲ 22.0%€2.8m▲ 22.7%€2.6m▼ 5.8%€2.9m▲ 11.2%
Operating result€0.006m-€0.03m▲ 322%€0.008m▼ 70.9%€0.02m▲ 135%€0.01m▼ 28.7%-€0.01m-€0.1m▼ 637%-€0.01m▲ 87.9%
Net result-€0.001m-€0.02m€0.006mwithin the sector's middle half▼ 69.1%€0.01mwithin the sector's middle half▲ 86.6%€0.01mwithin the sector's middle half▲ 0.3%€0.005mwithin the sector's middle half▼ 55.9%-€0.09mbelow the sector's middle half€0.009mwithin the sector's middle half
EBIT margin0.4%-1.4%▲ 1.0pp0.3%▼ 1.1pp0.7%▲ 0.3pp0.5%▼ 0.2pp-0.5%▼ 1.0pp
Equity€0.4m-€0.4m▲ 4.2%€0.4mwithin the sector's middle half▲ 1.2%€0.5mwithin the sector's middle half▲ 2.2%€0.5mwithin the sector's middle half▲ 2.3%€0.5mwithin the sector's middle half▲ 1.0%€0.4mwithin the sector's middle half▼ 18.4%€0.4mwithin the sector's middle half▲ 2.2%
Total assets€0.8m-€1.1m▲ 30.2%€1.2mwithin the sector's middle half▲ 13.2%€1.3mwithin the sector's middle half▲ 5.7%€1.2mwithin the sector's middle half▼ 8.9%€1.6mwithin the sector's middle half▲ 31.0%€1.3mwithin the sector's middle half▼ 17.3%€1.5mwithin the sector's middle half▲ 11.4%
Debt€0.4m-€0.7m▲ 56.3%€0.8m▲ 21.2%€0.9m▲ 7.6%€0.7m▼ 14.8%€1.1m▲ 50.2%€0.9m▼ 16.8%€1.1m▲ 15.3%
Working capital€0.4m-€0.4m▲ 4.2%€0.4mabove the sector's middle half▲ 1.2%€0.5mwithin the sector's middle half▲ 2.2%€0.5mwithin the sector's middle half▲ 2.3%€0.5mwithin the sector's middle half▲ 1.0%€0.4mwithin the sector's middle half▼ 18.4%€0.4mwithin the sector's middle half▲ 2.2%
Solvency50.1%-40.1%▼ 10.0pp35.8%within the sector's middle half▼ 4.3pp34.7%within the sector's middle half▼ 1.2pp38.9%within the sector's middle half▲ 4.2pp30.0%within the sector's middle half▼ 8.9pp29.6%within the sector's middle half▼ 0.4pp27.1%within the sector's middle half▼ 2.5pp
Current ratio2.00-1.67▼ 0.331.56within the sector's middle half▼ 0.111.53within the sector's middle half▼ 0.031.64within the sector's middle half▲ 0.111.43within the sector's middle half▼ 0.211.42within the sector's middle half▼ 0.011.37within the sector's middle half▼ 0.05
Return on assets (ROA)-0.2%-1.7%▲ 1.8pp0.5%within the sector's middle half▼ 1.2pp0.8%within the sector's middle half▲ 0.3pp0.9%within the sector's middle half▲ 0.1pp0.3%below the sector's middle half▼ 0.6pp-6.6%below the sector's middle half▼ 6.9pp0.6%below the sector's middle half▲ 7.2pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.5m
Equity €393,307 ▲ 2.2%
Debt €1.1m ▲ 15.3%
Debt's share of the balance-sheet total rises from 70.4% to 72.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.69▲
2024 · 2.38
ROE
2.3%▲
2024 · -22.3%
Debt ≤ 1 year
€1.1m▲
2024 · €916,809
Income taxes
€262▼
2024 · €1,737
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Financial fixed assets----€0

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20212022202320242025
Fee for the audit€5,750€6,699€7,350--
Work by persons linked to the auditor--€2,900--

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Comparable companies

These companies have the same main activity as AUTO BODY SERVICES: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €553,000 and €1.8m, founded between 1977 and 2007.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
AUTO BODY SERVICES Zaventem1996€1.5m€0.4m-€0.007m€0.009m02025
Autogroupe Services Bastogne1996€0.9m€0.6m-€0.06m-€0.09m0.32024
GARAGE CHARLES CORNELIS ET FILS Beauvechain1977€1.8m€1.8m-€0.7m-€0.3m0.52025
MVM-LUX Sainte-Ode2007€0.9m€0.8m-€0.03m-€0.2m0.52025
GARAGE KINDT Roeselare1995€0.6m€0.3m-€0.02m-€0.02m02026
C.M.S. Estaimpuis2001€1.2m€0.3m-€0.02m-€0.2m-2025
INTERCARS PATRICK RAES Lede1988€1.3m€1.3m-€0.03m-€0.03m-2024

They were chosen from the 3,073 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,685 companies had the same profile as AUTO BODY SERVICES has now. Two years later, 1.1% had gone bankrupt and 96.9% were still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% was still going

That fits the bankruptcy probability of AUTO BODY SERVICES itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,685 companies, not a prediction for AUTO BODY SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 (PDF), filed on 31-03-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.5m▲
Current assets29/58€1.3m€1.5m▲
Amounts receivable within one year40/41€0.7m€0.7m▲
Trade receivables40€0.7m€0.5m▼
Other amounts receivable41€0.02m€0.2m▲
Cash at bank and in hand54/58€0.6m€0.7m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.1m€0.1m▼
Reserves13€0.3m€0.3m▲
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.3m€0.3m▲
Amounts payable17/49€0.9m€1.1m▲
Amounts payable within one year42/48€0.9m€1.1m▲
Trade debts44€0.9m€1.1m▲
Suppliers440/4€0.9m€1.1m▲
Taxes, remuneration and social security45€0.04m€0.001m▼
Taxes450/3€0.04m€0.001m▼
Income statement Code20242025
Non-recurring operating income76A-€269
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.09m€0▼
Other operating charges640/8€0.002m€0.004m▲
Non-recurring operating charges66A€0€0.002m▲
Gross operating margin9900-€0.02m-€0.007m▲
Operating profit (loss)9901-€0.1m-€0.01m▲
Financial income75/76B€0.03m€0.02m▼
Recurring financial income75€0.03m€0.02m▼
Financial charges65/66B€0.001m€0.002m▲
Recurring financial charges65€0.001m€0.002m▲
Profit (loss) for the period before taxes9903-€0.08m€0.009m▲
Income taxes67/77€0.002m€262▼
Profit (loss) for the period9904-€0.09m€0.009m▲
Profit (loss) for the period to be appropriated9905-€0.09m€0.009m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.09m€0.009m▲
Transfer from equity791/2€0.09m€0▼
Transfer to equity691/2€0€0.009m▲
To other reserves6921€0€0.009m▲
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Operating income70/76A---€2.8m€2.6m€2.9m---
Turnover70€1.5m€1.8m€2.2m€2.8m€2.6m€2.9m---
Other operating income74---€0.003m€0€0.01m---
Non-recurring operating income76A----€75€0-€269-
Operating charges60/66A---€2.7m€2.6m€2.9m---
Goods for resale, raw materials and consumables60---€2.3m€2.2m€2.6m---
Purchases600/8---€2.3m€2.2m€2.6m---
Services and other goods61---€0.5m€0.3m€0.3m---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.09m€0▼ 100%
Other operating charges640/8---€0.001m€0.002m€0.002m€0.002m€0.004m▲ 115%
Non-recurring operating charges66A----€0€325€0€0.002m-
Gross operating margin9900-------€0.02m-€0.007m▲ 57.9%
Operating profit (loss)9901€0.006m€0.03m€0.008m€0.02m€0.01m-€0.01m-€0.1m-€0.01m▲ 87.9%
Financial income75/76B---€78€0.002m€0.02m€0.03m€0.02m▼ 6.2%
Recurring financial income75---€78€0.002m€0.02m€0.03m€0.02m▼ 6.2%
Income from financial fixed assets750-----€0.003m---
Income from current assets751----€0.002m€0.02m---
Other financial income752/9----€210€94---
Non-recurring financial income76B---€78-----
Financial charges65/66B---€0.002m€0.001m€0.001m€0.001m€0.002m▲ 82.8%
Recurring financial charges65€441€366€333€0.001m€0.001m€0.001m€0.001m€0.002m▲ 82.8%
Debt charges650--€0------
Other financial charges652/9---€0.001m€0.001m€0.001m---
Non-recurring financial charges66B---€0.001m-----
Profit (loss) for the period before taxes9903€0.006m€0.03m€0.008m€0.02m€0.01m€0.007m-€0.08m€0.009m-
Income taxes67/77€0.007m€0.008m€0.002m€0.006m€0.004m€0.003m€0.002m€262▼ 84.9%
Taxes670/3---€0.006m€0.004m€0.003m---
Tax adjustments and reversals of tax provisions77---€56€1€0---
Profit (loss) for the period9904-€0.001m€0.02m€0.006m€0.01m€0.01m€0.005m-€0.09m€0.009m-
Profit (loss) for the period to be appropriated9905-€0.001m€0.02m€0.006m€0.01m€0.01m€0.005m-€0.09m€0.009m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.8m€1.1m€1.2m€1.3m€1.2m€1.6m€1.3m€1.5m▲ 11.4%
Current assets29/58€0.8m€1.1m€1.2m€1.3m€1.2m€1.6m€1.3m€1.5m▲ 11.4%
Stocks and contracts in progress3----€0€0---
Amounts receivable within one year40/41€0.8m€1.1m€1.2m€1.3m€0.6m€1.0m€0.7m€0.7m▲ 4.3%
Trade receivables40---€0.7m€0.5m€0.9m€0.7m€0.5m▼ 20.7%
Other amounts receivable41---€0.6m€0.07m€0.1m€0.02m€0.2m▲ 797%
Cash at bank and in hand54/58----€0.6m€0.5m€0.6m€0.7m▲ 19.7%
Deferred charges and accrued income490/1---€0.001m€0.001m€0---
Equity and liabilities
Total equity and liabilities10/49€0.8m€1.1m€1.2m€1.3m€1.2m€1.6m€1.3m€1.5m▲ 11.4%
Equity10/15€0.4m€0.4m€0.4m€0.5m€0.5m€0.5m€0.4m€0.4m▲ 2.2%
Contributions10/11€0.1m€0.1m-€0.1m€0.1m€0.1m€0.1m€0.1m▼ 0.7%
Reserves13€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€0.3m€0.3m▲ 3.3%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.3m€0.4m€0.4m€0.3m€0.3m▲ 3.4%
Amounts payable17/49€0.4m€0.7m€0.8m€0.9m€0.7m€1.1m€0.9m€1.1m▲ 15.3%
Amounts payable within one year42/48€0.4m€0.7m€0.8m€0.9m€0.7m€1.1m€0.9m€1.1m▲ 15.3%
Trade debts44€0.4m€0.7m€0.8m€0.9m€0.7m€1.1m€0.9m€1.1m▲ 20.1%
Suppliers440/4---€0.9m€0.7m€1.1m€0.9m€1.1m▲ 20.1%
Taxes, remuneration and social security45---€0.004m€0.004m€0.003m€0.04m€0.001m▼ 96.6%
Taxes450/3---€0.004m€0.004m€0.003m€0.04m€0.001m▼ 96.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,284€18,189€5,617€10,483€10,510€4,639-€85,748€9,161-
Operating cash flow (approximation)-€1,284€18,189€5,617€10,483€10,510€4,639-€85,748€9,161-
Change in cash------€71,677€56,723€119,086▲ 110%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-03-2026 2026-00070072 PDF
31-12-2024 abbreviated format 22-08-2025 2025-00393068 PDF
31-12-2023 full format 10-07-2024 2024-00240019 PDF
31-12-2022 full format 24-07-2023 2023-00267018 PDF
31-12-2021 full format 05-05-2022 2022-20022473 PDF
31-12-2020 full format 09-06-2021 2021-19800259 PDF
31-12-2019 full format 16-07-2020 2020-33300065 PDF
31-12-2018 full format 19-04-2019 2019-10800037 PDF
31-12-2017 full format 27-06-2018 2018-24300506 PDF
31-12-2016 full format 30-05-2017 2017-14900456 PDF

Show all 30 filings

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