AUTO MED
Open bankruptcyA bankruptcy procedure is open for AUTO MED according to publications in the Belgian State Gazette; curator: Stijn VANSCHOUBROEK. The 2024 annual accounts show equity of €130k and a net result of €11k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2024, micro schema
Turnover
€369k▲ 121%
2020 · €167k
2020: €167k
2020 → 2021
EBIT margin
7.9%▼ 7.1pp
2020 · 15.1%
2020: 15.1%
2020 → 2021
Net result
€11k▼ 81.6%
2023 · €58k
2020: €18k
2021: €25k
2022: €13k
2023: €58k
2020 → 2024
Working capital
€123k▲ 9.9%
2023 · €112k
2020: €24k
2021: €39k
2022: €56k
2023: €112k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€167k-€369k▲ 121%
Equity€24k-€49k▲ 103%€61k▲ 26.7%€119k▲ 93.8%€130k▲ 8.9%
Operating result€25k-€29k▲ 15.9%€17k▼ 42.2%€72k▲ 329%€14k▼ 80.4%
Net result€18k-€25k▲ 38.9%€13k▼ 47.3%€58k▲ 345%€11k▼ 81.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 80% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €182k
Fixed assets
€7k▼ 6.1%
Current assets
€174k▼ 31.6%
Equity and liabilities €182k
Equity
€130k▲ 8.9%
Debt
€52k▼ 63.9%
The debt ratio falls from 54.6% to 28.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€18k▼
2023 · €77k
Cash flow
€15k▼
2023 · €63k
Solvency
71.5%▲
2023 · 45.4%
Current ratio
3.36▲
2023 · 1.78
Quick ratio
3.36▲
2023 · 1.78
Debt / equity
0.40▼
2023 · 1.20
ROE
8.2%▼
2023 · 48.4%
ROA
5.8%▼
2023 · 22.0%
Interest coverage
129.76▼
2023 · 345.15
Debt
€52k▼
2023 · €144k
Debt ≤ 1 year
€52k▼
2023 · €144k
Income taxes
€7k▼
2023 · €19k
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€263k€182k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€2k€3k▲
Leasing and similar rights25€530€0▼
Current assets29/58€255k€174k▼
Amounts receivable within one year40/41€202k€155k▼
Trade receivables40€113k€93k▼
Other amounts receivable41€89k€62k▼
Cash at bank and in hand54/58€53k€19k▼
Deferred charges and accrued income490/1-€183
Equity and liabilities
Total equity and liabilities10/49€263k€182k▼
Equity10/15€119k€130k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€113k€124k▲
Amounts payable17/49€144k€52k▼
Amounts payable within one year42/48€144k€52k▼
Trade debts44€116k€22k▼
Suppliers440/4€116k€22k▼
Taxes, remuneration and social security45€27k€30k▲
Taxes450/3€27k€30k▲
Income statement
Code20232024
Non-recurring operating income76A-€206
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€4k€10k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€82k€31k▼
Operating profit (loss)9901€72k€14k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€224€140▼
Recurring financial charges65€224€140▼
Profit (loss) for the period before taxes9903€76k€18k▼
Income taxes67/77€19k€7k▼
Profit (loss) for the period9904€58k€11k▼
Profit (loss) for the period to be appropriated9905€58k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€113k€124k▲
Profit (loss) brought forward from the previous period14P€55k€113k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 364 days late
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 533 days late
15-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · AUTO MED BV KONINGIN ELISABETHLAAN 19-2, 1780 WEMMEL · event 08-04-2025
2024
31-03
Financial
Weakest financial yearnet €11k ▼81.6%
Net result drops to €11k, the lowest in the series.
2023
31-03
Financial
Highest result since 2020net €58k ▲345%
Operating result €72k, net result €58k, both a record.
31-03
Financial
Equity above €100kEq €119k ▲93.8%
4 profitable years in a row build equity to €119k.
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
05-11
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: AUTO MED BV- KONINGIN ELISABETHLAAN 19/2, 1780 WEMMEL
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 305 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wemmel · 1 establishment unit since 2018
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.
Koningin Elisabethlaan 19-251780 WemmelGround area
3,481 m²
Building footprint
1,986 m²
Volume, LiDAR
17,485 m³
Parcel 22662B0337/00R005, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AUTO MED
since 20182.284.275.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0337/00R005 | Flanders | 3,481 m² | 1 · 1,986 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
08-04-2025 → present |
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 6,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2018
Fiscal year end31-03
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45112
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.