AUTO - PAUL
Open bankruptcyA bankruptcy procedure is open for AUTO - PAUL according to publications in the Belgian State Gazette; curator: Van De Mierop.
Summary
The 2024 annual accounts show equity of €2.4m and a net result of €7,552.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Commercial Court of Brussels
- Declared bankrupt
- 14 September 2004
- Supervising judge
- Haesen J.-P.
- Official Gazette
- 23-09-2004 (pdf) ↗search the document for 2004/030958
Deadlines
- Appeal or third-party opposition until
- passed on 8 October 2004Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 14 October 2004art. XX.104 and XX.155 CEL
- First verification report
- passed on 3 November 2004Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 14 September 2005Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Van De MieropIlse, avenue Louise 106, 1050 Ixelles
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
56 d early
2023
35 d early
2022
41 d early
2021
26 d early
2020
17 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€2.4m▲ 0.3%
2023 · €2.4m
Total assets
€2.4m=
2023 · €2.4m
Net result
€7,552▼ 76.6%
2023 · €32,248
Working capital
€13,618▲ 350%
2023 · €3,024
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,171▼ 80.5%€9,367▲ 331%€19,250▲ 106%-€10,570€18,491
Net result-€6,282€4,747€11,952▲ 152%€32,248▲ 170%€7,552▼ 76.6%
Equity€2.3m▼ 0.3%€2.3m▲ 0.2%€2.3m▲ 0.5%€2.4m▲ 0.7%€2.4m▲ 0.3%
Total assets€2.4m▼ 0.2%€2.4m▼ 0.2%€2.4m=€2.4m▼ 0.8%€2.4m=
Debt€101,607▲ 2.2%€92,893▼ 8.6%€80,789▼ 13.0%€45,064▼ 44.2%€38,032▼ 15.6%
Working capital-€32,208▼ 20.0%-€20,780▲ 35.5%-€12,705▲ 38.9%€3,024€13,618▲ 350%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18,491 after a loss of €10,570 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.4m
Fixed assets
€2.3m ▼ 0.1%
Current assets
€51,650 ▲ 7.4%
Equity and liabilities €2.4m
Equity
€2.4m ▲ 0.3%
Debt
€38,032 ▼ 15.6%
Debt's share of the balance-sheet total falls from 1.9% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,534▲
2023 · -€7,527
Cash flow
€10,595▼
2023 · €35,291
Current ratio
1.36▲
2023 · 1.07
Debt to equity
0.02▼
2023 · 0.02
ROE
0.3%▼
2023 · 1.4%
ROA
0.3%▼
2023 · 1.3%
Interest coverage
299.08▲
2023 · -2.44
Debt ≤ 1 year
€38,032▼
2023 · €45,064
Income taxes
€10,867▲
2023 · €4,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,292 | €12,271 | €3,044 | €3,043 | €3,043 | = |
| Other operating charges640/8 | - | €26,203 | €25,405 | €46,548 | €30,747 | ▼ 33.9% |
| Gross operating margin9900 | €32,867 | €47,841 | €47,699 | €39,021 | €52,281 | ▲ 34.0% |
| Operating profit (loss)9901 | €2,171 | €9,367 | €19,250 | -€10,570 | €18,491 | ▲ 275% |
| Financial income75/76B | - | €28 | - | €50,024 | - | - |
| Recurring financial income75 | - | €28 | - | €50,024 | - | - |
| Non-recurring financial income76B | - | - | - | €50,024 | - | - |
| Financial charges65/66B | - | €4,648 | €4,647 | €3,084 | €72 | ▼ 97.7% |
| Recurring financial charges65 | €6,019 | €4,648 | €4,647 | €3,084 | €72 | ▼ 97.7% |
| Profit (loss) for the period before taxes9903 | -€3,848 | €4,747 | €14,603 | €36,370 | €18,419 | ▼ 49.4% |
| Income taxes67/77 | €2,434 | - | €2,651 | €4,122 | €10,867 | ▲ 164% |
| Profit (loss) for the period9904 | -€6,282 | €4,747 | €11,952 | €32,248 | €7,552 | ▼ 76.6% |
| Profit (loss) for the period to be appropriated9905 | -€6,282 | €4,747 | €11,952 | €32,248 | €7,552 | ▼ 76.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Fixed assets21/28 | €2.4m | €2.4m | €2.4m | €2.3m | €2.3m | ▼ 0.1% |
| Tangible fixed assets22/27 | €2.4m | €2.4m | €2.4m | €2.3m | €2.3m | ▼ 0.1% |
| Land and buildings22 | - | €2.4m | €2.4m | €2.3m | €2.3m | ▼ 0.1% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €6,540 | €6,540 | €6,540 | €6,540 | €6,540 | = |
| Current assets29/58 | €12,202 | €20,505 | €23,397 | €48,088 | €51,650 | ▲ 7.4% |
| Amounts receivable within one year40/41 | - | - | - | €16,131 | €16,131 | = |
| Trade receivables40 | - | - | - | €16,131 | €16,131 | = |
| Cash at bank and in hand54/58 | €12,202 | €20,505 | €23,397 | €31,957 | €35,519 | ▲ 11.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Equity10/15 | €2.3m | €2.3m | €2.3m | €2.4m | €2.4m | ▲ 0.3% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Capital10 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Issued capital100 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Revaluation surpluses12 | - | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Reserves13 | €136,840 | €136,840 | €136,840 | €136,840 | €136,840 | = |
| Non-distributable reserves130/1 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | €133,741 | €133,741 | €133,741 | €133,741 | = |
| Profit (loss) carried forward14 | -€465,060 | -€460,313 | -€448,361 | -€431,113 | -€423,562 | ▲ 1.8% |
| Amounts payable17/49 | €101,607 | €92,893 | €80,789 | €45,064 | €38,032 | ▼ 15.6% |
| Amounts payable after more than one year17 | €57,197 | €50,916 | €44,687 | - | - | - |
| Financial debts170/4 | - | €50,916 | €44,687 | - | - | - |
| Amounts payable within one year42/48 | €44,410 | €41,285 | €36,102 | €45,064 | €38,032 | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | - | €5,640 | €5,994 | - | - | - |
| Trade debts44 | €33,039 | €26,888 | €20,185 | €15,012 | €9,431 | ▼ 37.2% |
| Suppliers440/4 | - | €26,888 | €20,185 | €15,012 | €9,431 | ▼ 37.2% |
| Other amounts payable47/48 | - | €8,757 | €9,923 | €30,052 | €28,601 | ▼ 4.8% |
| Accrued charges and deferred income492/3 | - | €692 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,282 | €4,747 | €11,952 | €32,248 | €7,552 | ▼ 76.6% |
| + Depreciation and write-downs630 | €6,292 | €12,271 | €3,044 | €3,043 | €3,043 | = |
| Operating cash flow (approximation) | €10 | €17,018 | €14,996 | €35,291 | €10,595 | ▼ 70.0% |
| Investment in fixed assets (approximation) | - | -€1 | €0 | €40,125 | €0 | ▼ 100% |
| Change in cash | - | €8,303 | €2,892 | €8,560 | €3,562 | ▼ 58.4% |
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
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €32,248 ▲170%
Net result €32,248, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4,747
Net result €4,747 after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€6,282
Net result drops to -€6,282, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2004
23-09
Bankruptcy
Opening
Tribunal de commerce de Bruxelles · event 14-09-2004
SignalFinancial 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, Sint-Jans-Molenbeek · 1 establishment unit since 1988
Ground area
795 m²
Building footprint
440 m²
Volume, LiDAR
5,174 m³
Parcel 21522B0090/00Z000, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AUTO MERCEDES
since 19882.019.910.083
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0090/00Z000 | Brussels | 795 m² | 1 · 440 m² | 16.9 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Van De Mierop Ilse, avenue Louise 106, 1050 Ixelles |
14-09-2004 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded07-12-1981
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422154589
Registered
04-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.