AUTO EX
ActiveSummary
AUTO EX has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,399 and a net result of -€78,978. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 9.95 against 21.03 in 2024; short-term debt: 9.9% and cash: 27.4% of total assets), and 9.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€78,978
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
20 d late
2023
20 d late
2022
15 d late
2021
11 d late
2020
25 d late
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€78,978▼ 134%
2024 · -€33,798
Working capital
€276,527▼ 22.4%
2024 · €356,441
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€165,467▲ 6,930%€68,956▼ 58.3%-€5,750-€36,416▼ 533%-€81,834▼ 125%
Net result€173,166above the sector's middle half▲ 1,739%€63,775within the sector's middle half▼ 63.2%€2,781within the sector's middle half▼ 95.6%-€33,798below the sector's middle half-€78,978below the sector's middle half▼ 134%
Equity€326,618within the sector's middle half▲ 96.9%€390,393within the sector's middle half▲ 19.5%€393,174within the sector's middle half▲ 0.7%€359,376within the sector's middle half▼ 8.6%€280,399within the sector's middle half▼ 22.0%
Total assets€1.1mwithin the sector's middle half▲ 32.5%€975,564within the sector's middle half▼ 8.9%€976,296within the sector's middle half▲ 0.1%€377,264below the sector's middle half▼ 61.4%€311,301below the sector's middle half▼ 17.5%
Debt€744,763▲ 15.9%€585,171▼ 21.4%€583,122▼ 0.4%€17,888▼ 96.9%€30,902▲ 72.8%
Working capital€738,530above the sector's middle half▲ 79.9%€719,603above the sector's middle half▼ 2.6%€729,155above the sector's middle half▲ 1.3%€356,441within the sector's middle half▼ 51.1%€276,527within the sector's middle half▼ 22.4%
Solvency30.5%within the sector's middle half▲ 10.0pp40.0%within the sector's middle half▲ 9.5pp40.3%within the sector's middle half▲ 0.3pp95.3%above the sector's middle half▲ 55.0pp90.1%above the sector's middle half▼ 5.2pp
Current ratio3.33above the sector's middle half▲ 1.243.97above the sector's middle half▲ 0.644.04above the sector's middle half▲ 0.0721.03above the sector's middle half▲ 16.999.95above the sector's middle half▼ 11.08
Return on assets (ROA)16.2%above the sector's middle half▲ 15.0pp6.5%within the sector's middle half▼ 9.6pp0.3%within the sector's middle half▼ 6.3pp-9.0%below the sector's middle half▼ 9.2pp-25.4%below the sector's middle half▼ 16.4pp
Staff (FTE)3within the sector's middle half▼ 6.3%3.2within the sector's middle half▲ 6.7%2.8within the sector's middle half▼ 12.5%0.1below the sector's middle half▼ 96.4%0.2below the sector's middle half▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €81,834 in 2025 against €36,416 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €311,301
Fixed assets
€3,871 ▲ 27.9%
Current assets
€307,429 ▼ 17.9%
Equity and liabilities €311,301
Equity
€280,399 ▼ 22.0%
Debt
€30,902 ▲ 72.8%
Debt's share of the balance-sheet total rises from 4.7% to 9.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€79,988▼
2024 · -€32,151
Cash flow
-€77,132▼
2024 · -€29,533
Quick ratio
5.90▼
2024 · 15.82
Debt to equity
0.11▲
2024 · 0.05
ROE
-28.2%▼
2024 · -9.4%
Interest coverage
-225.36▼
2024 · -10.79
Debt ≤ 1 year
€30,902▲
2024 · €17,797
Income taxes
€3▼
2024 · €137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 5,836 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €142,883 | €138,309 | €141,123 | €919 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,788 | €2,358 | €6,739 | €4,265 | €1,846 | ▼ 56.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,650 | €42,575 | - | - |
| Other operating charges640/8 | €9,034 | €7,831 | €11,687 | €10,504 | €31,698 | ▲ 202% |
| Non-recurring operating charges66A | €240 | - | - | - | - | - |
| Gross operating margin9900 | €327,412 | €217,454 | €155,448 | €21,847 | -€48,290 | ▼ 321% |
| Operating profit (loss)9901 | €165,467 | €68,956 | -€5,750 | -€36,416 | -€81,834 | ▼ 125% |
| Financial income75/76B | €9,037 | €2,833 | €10,560 | €6,213 | €3,214 | ▼ 48.3% |
| Recurring financial income75 | €4,816 | €67 | €92 | €7 | €6 | ▼ 15.5% |
| Non-recurring financial income76B | €4,222 | €2,767 | €10,468 | €6,205 | €3,208 | ▼ 48.3% |
| Financial charges65/66B | €1,338 | €1,637 | €1,751 | €3,458 | €355 | ▼ 89.7% |
| Recurring financial charges65 | €1,081 | €1,637 | €1,751 | €2,980 | €355 | ▼ 88.1% |
| Non-recurring financial charges66B | €257 | - | - | €477 | - | - |
| Profit (loss) for the period before taxes9903 | €173,166 | €70,153 | €3,059 | -€33,661 | -€78,975 | ▼ 135% |
| Income taxes67/77 | - | €6,378 | €278 | €137 | €3 | ▼ 97.9% |
| Profit (loss) for the period9904 | €173,166 | €63,775 | €2,781 | -€33,798 | -€78,978 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | €173,166 | €63,775 | €2,781 | -€33,798 | -€78,978 | ▼ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €975,564 | €976,296 | €377,264 | €311,301 | ▼ 17.5% |
| Fixed assets21/28 | €16,425 | €14,068 | €7,328 | €3,026 | €3,871 | ▲ 27.9% |
| Tangible fixed assets22/27 | €16,388 | €14,030 | €7,291 | €3,026 | €3,871 | ▲ 27.9% |
| Plant, machinery and equipment23 | €1,003 | €669 | - | - | €2,691 | - |
| Furniture and vehicles24 | €15,385 | €13,361 | €7,291 | €3,026 | €1,180 | ▼ 61.0% |
| Financial fixed assets28 | €37 | €37 | €37 | - | - | - |
| Current assets29/58 | €1.1m | €961,497 | €968,967 | €374,238 | €307,429 | ▼ 17.9% |
| Amounts receivable after more than one year29 | €148,208 | €148,208 | €148,313 | - | - | - |
| Other amounts receivable291 | €148,208 | €148,208 | €148,313 | - | - | - |
| Stocks and contracts in progress3 | €442,847 | €369,948 | €168,768 | €92,613 | €125,119 | ▲ 35.1% |
| Stocks30/36 | €442,847 | €369,948 | €168,768 | €92,613 | €125,119 | ▲ 35.1% |
| Amounts receivable within one year40/41 | €232,462 | €120,413 | €135,080 | €77,922 | €91,004 | ▲ 16.8% |
| Trade receivables40 | €232,426 | €118,869 | €129,458 | €22,838 | €16,435 | ▼ 28.0% |
| Other amounts receivable41 | €36 | €1,544 | €5,622 | €55,084 | €74,568 | ▲ 35.4% |
| Cash at bank and in hand54/58 | €216,931 | €305,347 | €489,210 | €190,348 | €85,249 | ▼ 55.2% |
| Deferred charges and accrued income490/1 | €14,508 | €17,582 | €27,596 | €13,356 | €6,058 | ▼ 54.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €975,564 | €976,296 | €377,264 | €311,301 | ▼ 17.5% |
| Equity10/15 | €326,618 | €390,393 | €393,174 | €359,376 | €280,399 | ▼ 22.0% |
| Contributions10/11 | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €1,860 | €65,635 | €68,416 | €66,556 | €66,556 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - |
| Other1319 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €63,775 | €66,556 | €66,556 | €66,556 | = |
| Profit (loss) carried forward14 | €318,553 | €318,553 | €318,553 | €286,615 | €207,637 | ▼ 27.6% |
| Amounts payable17/49 | €744,763 | €585,171 | €583,122 | €17,888 | €30,902 | ▲ 72.8% |
| Amounts payable after more than one year17 | €428,278 | €343,278 | €343,278 | - | - | - |
| Other amounts payable178/9 | €428,278 | €343,278 | €343,278 | - | - | - |
| Amounts payable within one year42/48 | €316,426 | €241,893 | €239,812 | €17,797 | €30,902 | ▲ 73.6% |
| Current portion of amounts payable after more than one year42 | €9,941 | €10,000 | - | - | - | - |
| Trade debts44 | €213,180 | €143,289 | €59,891 | €10,991 | €26,947 | ▲ 145% |
| Suppliers440/4 | €212,354 | €143,289 | €59,891 | €10,991 | €26,947 | ▲ 145% |
| Bills of exchange payable441 | €827 | - | - | - | - | - |
| Advances received on contracts in progress46 | €16,046 | €11,313 | €106,510 | - | - | - |
| Taxes, remuneration and social security45 | €67,516 | €63,193 | €73,292 | €6,567 | €3,955 | ▼ 39.8% |
| Taxes450/3 | €42,347 | €42,286 | €54,268 | €3,310 | €698 | ▼ 78.9% |
| Remuneration and social security454/9 | €25,169 | €20,907 | €19,023 | €3,257 | €3,257 | = |
| Other amounts payable47/48 | €9,743 | €14,098 | €119 | €238 | - | - |
| Accrued charges and deferred income492/3 | €59 | - | €31 | €91 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €173,166 | €63,775 | €2,781 | -€33,798 | -€78,978 | ▼ 134% |
| + Depreciation and write-downs630 | €9,788 | €2,358 | €6,739 | €4,265 | €1,846 | ▼ 56.7% |
| Operating cash flow (approximation) | €182,954 | €66,133 | €9,520 | -€29,533 | -€77,132 | ▼ 161% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €37 | -€2,691 | ▼ 7,338% |
| Change in cash | - | €88,416 | €183,864 | -€298,863 | -€105,098 | ▲ 64.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€78,978
Net result drops to -€78,978, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Liquidity times 5current ratio 21.03
Current ratio from 4.04 to 21.03; short-term debt falls from €239,812 to €17,797.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 15 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-12
Financial
Highest result since 2018net €173,166 ▲1,739%
Operating result €165,467, net result €173,166, both a record.
31-12
Financial
Equity above €200,000Eq €326,618 ▲96.9%
3 profitable years in a row build equity to €326,618.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Equity above €150,000Eq €165,846 ▲15.1%
2 profitable years in a row build equity to €165,846.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €13,444
Net result €13,444 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 44 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Thuin · 1 establishment unit since 2000
Ground area
1.0 ha
Building footprint
8 m²
Volume, LiDAR
38 m³
Parcel 56030A0067/00K000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile Vandervelde(GOZ) 40, 6534 Thuin
since 20002.096.422.990
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56030A0067/00K000 | Wallonia | 1.0 ha | 1 · 8 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,227. 3,679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-10-1997
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461728314
Also
9925:BE0461728314
Registered
24-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.