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AUTO DANIEL GROUP

Active
Private limited companyfounded 20242 yrs activeBrusselsesteenweg 149, 1785 Merchtem, BelgiumKBO/BCE: BE 1010.398.916
Summary

The computed 12-month bankruptcy probability of AUTO DANIEL GROUP is 4.9% (elevated). The 2024 annual accounts show negative equity (-€32,821) and a net result of -€42,821. Its solvency ranks better than 7% of 9619 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency6
Growth-
Track record67
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75; short-term debt: 85.4% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-18.8%
Return on assets
-24.5%
Age of the figures
21 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 June 2024, AUTO DANIEL GROUP was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€32,821
Total assets
€174,741
Net result
-€42,821
Working capital
-€37,601

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €174,741
Fixed assets €63,041
Current assets €111,700
Key figures and ratios
2024 value
EBITDA
-€34,566
Cash flow
-€37,114
Solvency
-18.8%
Current ratio
0.75
Quick ratio
0.08
Debt to equity
-6.32
ROA
-24.5%
Interest coverage
-13.56
Debt
€207,562
Debt ≤ 1 year
€149,301
Debt > 1 year
€58,261
Staff costs
€20,156

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€174,741
Fixed assets21/28€63,041
Tangible fixed assets22/27€57,041
Plant, machinery and equipment23€51,690
Furniture and vehicles24€1,267
Other tangible fixed assets26€4,083
Financial fixed assets28€6,000
Current assets29/58€111,700
Stocks and contracts in progress3€99,961
Stocks30/36€99,961
Amounts receivable within one year40/41€11,735
Trade receivables40€9,552
Other amounts receivable41€2,183
Cash at bank and in hand54/58€4
Equity and liabilities
Total equity and liabilities10/49€174,741
Equity10/15-€32,821
Contributions10/11€10,000
Profit (loss) carried forward14-€42,821
Amounts payable17/49€207,562
Amounts payable after more than one year17€58,261
Financial debts170/4€58,261
Amounts payable within one year42/48€149,301
Current portion of amounts payable after more than one year42€8,868
Financial debts43€6,283
Credit institutions430/8€6,283
Trade debts44€5,034
Suppliers440/4€5,034
Taxes, remuneration and social security45€7,235
Taxes450/3€2,807
Remuneration and social security454/9€4,428
Other amounts payable47/48€121,881
Income statement Code2024
Remuneration, social security and pensions62€20,156
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,707
Other operating charges640/8€826
Gross operating margin9900-€13,584
Operating profit (loss)9901-€40,273
Financial charges65/66B€2,548
Recurring financial charges65€2,548
Profit (loss) for the period before taxes9903-€42,821
Profit (loss) for the period9904-€42,821
Profit (loss) for the period to be appropriated9905-€42,821
Appropriation of the result
Profit (loss) to be appropriated9906-€42,821
Social balance
Average headcount (FTE)90870.4

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€20,156
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,707
Other operating charges640/8€826
Gross operating margin9900-€13,584
Operating profit (loss)9901-€40,273
Financial charges65/66B€2,548
Recurring financial charges65€2,548
Profit (loss) for the period before taxes9903-€42,821
Profit (loss) for the period9904-€42,821
Profit (loss) for the period to be appropriated9905-€42,821
Line2024
Assets
Total assets20/58€174,741
Fixed assets21/28€63,041
Tangible fixed assets22/27€57,041
Plant, machinery and equipment23€51,690
Furniture and vehicles24€1,267
Other tangible fixed assets26€4,083
Financial fixed assets28€6,000
Current assets29/58€111,700
Stocks and contracts in progress3€99,961
Stocks30/36€99,961
Amounts receivable within one year40/41€11,735
Trade receivables40€9,552
Other amounts receivable41€2,183
Cash at bank and in hand54/58€4
Equity and liabilities
Total equity and liabilities10/49€174,741
Equity10/15-€32,821
Contributions10/11€10,000
Profit (loss) carried forward14-€42,821
Amounts payable17/49€207,562
Amounts payable after more than one year17€58,261
Financial debts170/4€58,261
Amounts payable within one year42/48€149,301
Current portion of amounts payable after more than one year42€8,868
Financial debts43€6,283
Credit institutions430/8€6,283
Trade debts44€5,034
Suppliers440/4€5,034
Taxes, remuneration and social security45€7,235
Taxes450/3€2,807
Remuneration and social security454/9€4,428
Other amounts payable47/48€121,881
Line2024
Profit (loss) for the period9904-€42,821
+ Depreciation and write-downs630€5,707
Operating cash flow (approximation)-€37,114

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Merchtem · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1.7 ha
Building footprint
5,627 m²
Volume, LiDAR
29,828 m³
2 parcels, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
2 establishment units
Brusselsesteenweg 149, 1785 Merchtem
NACE 45112
since 20242.361.506.867
AUTO DANIEL GROUP
Nieuwstraat 120, 1730 AsseRetail sale of cars and light vans (up to 3.5 tonnes)
since 20252.385.052.331
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23002F0049/00Z005 Flanders 1.1 ha 1 · 2,214 m² 14.5 m · 2 fl.
23602I0076/00Y000 Flanders 6,105 m² 1 · 3,412 m² 7.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. 1,369 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010398916
Also 9925:BE1010398916
Registered 03-04-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.