AUTO PILOT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Absorbed by BOEL merger by absorption, July 2023
- Activity
- “L'exploitatiori d'une auto-école;” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- BARATTUCCI NicolaChair
- d’ELETTO ConcettaManaging director
- BARATTUCCI DavidDirector · since 19-12-2022
Financial position
No score
Annual accounts 2022
- Gross margin
- €433,303
- ▲ 235%
- Turnover
- ≈ €1.0m
- estimated
- Profit
- €284,062
- Equity
- €96,436
- Total assets
- €151,411
- ▲ 24.0%
- Employees on 31-12-2022
- 5
- =
Financials
Financials · financial year 2022, full format
2022 annual accounts filed 29 days after the deadline Filed on 29 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00402527.
Annual accounts 2022 filed on 29-08-2023 PDF all 46 filings
Turnover
≈ €1.0m
Estimated: probably between €620,000 and €1.7m
EBIT margin
Not included in this filing
Net result
€284,062
2021 · -€7,154
Working capital
€92,568
2021 · -€224,889
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
€296,738
2022
20182022
Net result
€284,062
2022
20182022
Equity
€96,436
2022
20182022
Total assets
€151,411
▲ 24.0%
2022
20182022
Debt
€54,975
▼ 82.2%
2022
20182022
Working capital
€92,568
2022
20182022
Staff (FTE)
2.6
▲ 8.3%
2022
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€53,621--€46,951▲ 12.4%-€41,444▲ 11.7%-€13,717▲ 66.9%€296,738
Net result-€62,319--€54,592▲ 12.4%-€40,164▲ 26.4%-€7,154▲ 82.2%€284,062
Equity-€85,716--€140,308▼ 63.7%-€180,472▼ 28.6%-€187,626▼ 4.0%€96,436
Total assets€45,131-€41,296▼ 8.5%€112,604▲ 173%€122,059▲ 8.4%€151,411▲ 24.0%
Debt€130,846-€181,604▲ 38.8%€293,076▲ 61.4%€309,685▲ 5.7%€54,975▼ 82.2%
Working capital-€120,674--€170,451▼ 41.2%-€210,867▼ 23.7%-€224,889▼ 6.6%€92,568
Staff (FTE)4.4-3.7▼ 15.9%3.9▲ 5.4%2.4▼ 38.5%2.6▲ 8.3%
The operating result for 2022 is a profit of €296,738, after a loss of €13,717 in 2021. It is the highest result since 2018.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €151,411
Fixed assets
€3,868 ▼ 89.6%
Current assets
€147,543 ▲ 74.0%
Equity and liabilities €151,411
Equity
€96,436
Debt
€54,975
Debt's share of the balance-sheet total is 36.3%.
Key figures and ratios
EBITDA
€297,290▲
2021 · -€11,256
Cash flow
€284,614▲
2021 · -€4,693
Current ratio
2.68▲
2021 · 0.27
Quick ratio
2.67▲
2021 · 0.27
Debt to equity
0.57
ROE
294.6%
ROA
187.6%▲
2021 · -5.9%
Interest coverage
over 100▲
2021 · -2.10
Debt ≤ 1 year
€54,975▼
2021 · €309,685
Income taxes
€9,841▲
2021 · -€7
Staff costs
€133,863▼
2021 · €136,292
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 5 | 5 |
| full-time | 1 | 2 |
| part-time | 4 | 3 |
| in full-time equivalents | 2.4 | 3.2 |
| Average over the year, in full-time equivalents | 2.3 | 2.6 |
| On a permanent contract | 5 | 5 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €5,447 | - |
| Depreciation and write-downs of the year | €2,461 | €553 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €254,345 | - |
| Remuneration, social security and pensions62 | - | - | - | €136,292 | €133,863 | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,734 | €1,904 | €1,963 | €2,461 | €553 | ▼ 77.5% |
| Other operating charges640/8 | - | - | - | €4,344 | €384 | ▼ 91.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,765 | - |
| Gross operating margin9900 | €161,030 | €106,652 | €68,000 | €129,379 | €433,303 | ▲ 235% |
| Operating profit (loss)9901 | -€53,621 | -€46,951 | -€41,444 | -€13,717 | €296,738 | - |
| Financial income75/76B | - | - | - | €11,913 | €48 | ▼ 99.6% |
| Recurring financial income75 | €22 | €861 | €200 | €11,913 | €48 | ▼ 99.6% |
| Financial charges65/66B | - | - | - | €5,357 | €2,884 | ▼ 46.2% |
| Recurring financial charges65 | €8,532 | €8,316 | €2,920 | €5,357 | €2,884 | ▼ 46.2% |
| Profit (loss) for the period before taxes9903 | -€62,131 | -€54,407 | -€40,164 | -€7,161 | €293,902 | - |
| Income taxes67/77 | €188 | €185 | - | -€7 | €9,841 | - |
| Profit (loss) for the period9904 | -€62,319 | -€54,592 | -€40,164 | -€7,154 | €284,062 | - |
| Profit (loss) for the period to be appropriated9905 | -€62,319 | -€54,592 | -€40,164 | -€7,154 | €284,062 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,131 | €41,296 | €112,604 | €122,059 | €151,411 | ▲ 24.0% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €35,929 | €34,025 | €34,278 | €37,264 | €3,868 | ▼ 89.6% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €33,937 | €32,033 | €32,285 | €35,271 | €1,875 | ▼ 94.7% |
| Land and buildings22 | - | - | - | €28,225 | - | - |
| Plant, machinery and equipment23 | - | - | - | €4,618 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €2,428 | €1,875 | ▼ 22.8% |
| Financial fixed assets28 | €1,993 | €1,993 | €1,993 | €1,993 | €1,993 | = |
| Current assets29/58 | €9,201 | €7,271 | €78,326 | €84,796 | €147,543 | ▲ 74.0% |
| Stocks and contracts in progress3 | - | - | - | €315 | €932 | ▲ 196% |
| Stocks30/36 | - | - | - | €315 | €932 | ▲ 196% |
| Amounts receivable within one year40/41 | €4,730 | €5,741 | €77,941 | €78,077 | €77,744 | ▼ 0.4% |
| Trade receivables40 | - | - | - | €3,802 | €7,313 | ▲ 92.3% |
| Other amounts receivable41 | - | - | - | €74,275 | €70,431 | ▼ 5.2% |
| Cash at bank and in hand54/58 | €2,041 | €278 | €385 | €3,384 | €66,893 | ▲ 20× |
| Deferred charges and accrued income490/1 | - | - | - | €3,020 | €1,974 | ▼ 34.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,131 | €41,296 | €112,604 | €122,059 | €151,411 | ▲ 24.0% |
| Equity10/15 | -€85,716 | -€140,308 | -€180,472 | -€187,626 | €96,436 | - |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | = |
| Reserves13 | €29,491 | €29,491 | €29,491 | €29,491 | €29,491 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - | - |
| Tax-exempt reserves132 | - | - | - | €27,065 | €27,065 | = |
| Distributable reserves133 | - | - | - | €568 | €2,427 | ▲ 328% |
| Profit (loss) carried forward14 | -€133,799 | -€188,391 | -€228,555 | -€235,709 | €48,353 | - |
| Amounts payable17/49 | €130,846 | €181,604 | €293,076 | €309,685 | €54,975 | ▼ 82.2% |
| Amounts payable within one year42/48 | €129,876 | €177,722 | €289,194 | €309,685 | €54,975 | ▼ 82.2% |
| Trade debts44 | €22,282 | €29,373 | €25,813 | €13,703 | €2,601 | ▼ 81.0% |
| Suppliers440/4 | - | - | - | €13,703 | €2,601 | ▼ 81.0% |
| Taxes, remuneration and social security45 | - | - | - | €44,579 | €51,915 | ▲ 16.5% |
| Taxes450/3 | - | - | - | €14,251 | €25,194 | ▲ 76.8% |
| Remuneration and social security454/9 | - | - | - | €30,328 | €26,721 | ▼ 11.9% |
| Other amounts payable47/48 | - | - | - | €251,403 | €459 | ▼ 99.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,319 | -€54,592 | -€40,164 | -€7,154 | €284,062 | - |
| + Depreciation and write-downs630 | €3,734 | €1,904 | €1,963 | €2,461 | €553 | ▼ 77.5% |
| Operating cash flow (approximation) | -€58,585 | -€52,688 | -€38,201 | -€4,693 | €284,614 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,215 | -€5,447 | €32,843 | - |
| Change in cash | - | -€1,762 | €106 | €2,999 | €63,509 | ▲ 21× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 29-08-2023 | 2023-00402527 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20414643 | |
| 31-12-2020 | full format | 08-11-2021 | 2021-76900098 | |
| 31-12-2019 | micro format | 29-10-2020 | 2020-65400336 | |
| 31-12-2018 | micro format | 25-09-2019 | 2019-65900190 | |
| 31-12-2017 | micro format | 09-10-2018 | 2018-68900496 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59200352 | |
| 31-12-2015 | full format | 24-09-2016 | 2016-61100323 | |
| 31-12-2014 | full format | 03-08-2015 | 2015-38600177 | |
| 31-12-2013 | full format | 30-09-2014 | 2014-62000316 |
Board & ownership
Directors
Directors
4 directors, 2 in day-to-day management, last change in 2022
Board 4
BARATTUCCI Nicola
Current
Président du conseil d’administration · appointed in the act of 28-12-2022 · Director (not named in the articles) · since 19-12-2022 · also on the board of 11 other companies · listed in the 2022 annual accounts, filed on 29-08-2023
BARATTUCCI David
Current
Director (not named in the articles) · since 19-12-2022 · term without a fixed end · also on the board of 12 other companies · listed in the 2022 annual accounts, filed on 29-08-2023
BARATTUCCI Emmanuel
Current
Director (not named in the articles) · since 19-12-2022 · earlier manager, until 28-12-2022 · term without a fixed end · also on the board of 13 other companies · listed in the 2022 annual accounts, filed on 29-08-2023
d’ELETTO Concetta
Current
Director (not named in the articles) · since 19-12-2022 · earlier manager, until 28-12-2022 · term without a fixed end · also on the board of 12 other companies · listed in the 2022 annual accounts, filed on 29-08-2023
Day-to-day management 2
BARATTUCCI Nicola
Current
Managing director · appointed in the act of 28-12-2022
d’ELETTO Concetta
Current
Managing director · appointed in the act of 28-12-2022
Owners and capital
Shareholders
Owners 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former owners (1)
-
33.33%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 28-07-2023 ↗
- NICO HOLDING (BE 0668.548.645) 250 shares
- BARATTUCCI Nicola 250 shares
- d'ELETTO Concetta 250 shares
Stated in the act
act of 02-05-2023 ↗
- NICO HOLDING 250 shares
- d'ELETTO Concetta 250 shares
- BARATTUCCI Nicola 250 shares
Stated in the act
act of 28-12-2022 ↗
- NICO HOLDING (BE 0668.548.645) all shares
Capital over time
- 28-07-2023 Capital stated in the deed · 750 shares
- 28-12-2022 Converted to unavailable equity
Mandate history
4 people, 4 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| BARATTUCCI Emmanuel |
|
| d’ELETTO Concetta |
|
| BARATTUCCI David |
|
| BARATTUCCI Nicola |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d'administration collégial, 9”“10, assemblée générale”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, 5”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “7, expert choisi de commun accord ou à défaut Président du Tribunal de l'Entreprise du siège social statuant comme en référé”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Apport en numéraire avec émission de nouvelles actions, 4.QUINQUIES”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Articles 2:87. et suivants CSA, Tribunal de l’Entreprise compétent”
Articles of association, deed of 28-12-2022 (in French)
Network & group
Acquisitions and mergers
1 transactionTaken over by:BOEL
Connections & network
13 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
AUTO ECOLE ADAM
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
B.T.I. BELGIUM
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
BADEX
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
BARA
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
Show 9 more companies with a shared director
BOEL
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others · Director (not named in the articles)
→
Centrale
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others · Director (not named in the articles)
→
CITY ASSURANCES
via d’ELETTO Concetta, BARATTUCCI Emmanuel and 2 others
→
EMBA
via BARATTUCCI Emmanuel · Director (not named in the articles)
→
IMMO BADE
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others · Director
→
INITIATION PERFECTIONNEMENT MOTO SECURITE
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
PILOTE
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
STARTER
via BARATTUCCI Nicola, d’ELETTO Concetta and 2 others
→
DDK
via BARATTUCCI Nicola · Director
former→
Timeline
Acts, filings and financial milestones
2023
29-08
full format · 29 days late
28-07
Gazette deed
Merger: absorbed by BOELCapital · Shareholding · Auditor report28 points ▸
Gazette deed
Merger: absorbed by BOEL
Capital · Shareholding · Auditor report28 points ▸
- Capital
- NICO HOLDING holds 250 shares
- BARATTUCCI Nicola holds 250 shares
- d'ELETTO Concetta holds 250 shares
- Other provision, “Conseil d'Administration et associés disposant de la totalité des voix, représentation de la SRL NICO HOLDING” (deed in French), mentioned 2 times in the deed
- General meeting, 26-06-2023
- Other provision, “documents pré-fusion article 12:28, plus d'un mois avant assemblée” (deed in French)
- Auditor report, 23-06-2023
- Approval, “PREMIERE RESOLUTION - accomplissement formalités légales de fusion”, 21-04-2023 (deed in French)
- Approval, “DEUXIEME RESOLUTION - dispense rapports 12:25,12:26,12:27, usage des dispositions si tous associés et titulaires de titres à vote décidé ainsi” (deed in French)
- Other provision, “patrimoine depuis projet de fusion, réviseur a sollicité correction comptes au 31.12.2022 de la SRL AUTO PILOT” (deed in French)
- Merger, “valeur comptable au 2022-12-31, fusion par absorption avec dissolution sans liquidation” (deed in French)
- The act holds 16 more points.
02-05
Gazette deed
Merger proposal: to be absorbed by BOELShare issue · Board composition · Shareholding27 points ▸
Gazette deed
Merger proposal: to be absorbed by BOEL
Share issue · Board composition · Shareholding27 points ▸
- Merger, “fusion par absorption, transfert de la totalité du patrimoine,activement et passivement” (deed in French)
- Share issue, “émission d'actions nouvelles, actionnaires de la société absorbée” (deed in French)
- Other provision, “dispenses de rapports spéciaux et de rapport du réviseur, tous les actionnaires” (deed in French)
- Board composition, BARATTUCCI Nicola (director), mentioned 2 times in the deed
- Board composition, d'ELETTO Concetta (director), mentioned 2 times in the deed
- Board composition, BARATTUCCI Emmanuel (director), mentioned 2 times in the deed
- Board composition, BARATTUCCI David (director), mentioned 2 times in the deed
- NICO HOLDING holds 748 shares
- d'ELETTO Concetta holds 1 share
- BARATTUCCI Nicola holds 1 share
- Other provision, 750, “total des actions existantes” (deed in French), mentioned 2 times in the deed
- NICO HOLDING holds 250 shares
- The act holds 15 more points.
2022
31-12
Financial
Back to profitnet €284,062
The net result is €284,062, after 4 loss-making years.
31-12
Financial
Liquidity more than 9 timescurrent ratio 2.68
The current ratio rises from 0.27 to 2.68. Short-term debt falls from €309,685 to €54,975.
28-12
Gazette deed
7 directors appointed, 2 directors resigningChanges of role: d’ELETTO Concetta (director) and BARATTUCCI Emmanuel (director) · Appointments: BARATTUCCI Nicola (director) and BARATTUCCI David (director) · Shareholding24 points ▸
Gazette deed
7 directors appointed, 2 directors resigning
Changes of role: d’ELETTO Concetta (director) and BARATTUCCI Emmanuel (director) · Appointments: BARATTUCCI Nicola (director) and BARATTUCCI David (director) · Shareholding24 points ▸
- General meeting, 19-12-2022
- NICO HOLDING holds all the shares
- Other provision, “Conseil d'Administration et associés disposant de la totalité des voix, représentation de l'associée SRL NICO HOLDING” (deed in French), mentioned 4 times in the deed
- Other provision, “dispositions impératives régissent le fonctionnement, soumission au Code des Sociétés et des Associations” (deed in French)
- Legal-form conversion, “société à responsabilité limitée(SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
- Power of attorney, Denis CARPENTIER
- Director resignation, d’ELETTO Concetta (manager)
- Director discharge, d’ELETTO Concetta
- Director resignation, BARATTUCCI Emmanuel (manager)
- The act holds 12 more points.
31-08
full format · 31 days late
17-05
Gazette deed
Appointments: D'Eletto Concetta (director) and Barattucci Emmanuel (director)6 points ▸
Gazette deed
Appointments: D'Eletto Concetta (director) and Barattucci Emmanuel (director)
6 points ▸
- General meeting, 03-08-2021
- Other provision, 03-08-2021, mentioned 4 times in the deed
- Director appointment, D'Eletto Concetta (director)
- Director appointment, Barattucci Emmanuel (director)
- Other provision, “Madame, présence à l'assemblée générale extraordinaire” (deed in French)
- Other provision, “Monsieur, présence à l'assemblée générale extraordinaire” (deed in French), mentioned 3 times in the deed
2021
08-11
full format · 100 days late
2020
29-10
micro format · 90 days late
2019
25-09
micro format · 56 days late
2018
09-10
micro format · 70 days late
Show earlier events
2017
31-08
micro format · 31 days late
2016
24-09
full format · 55 days late
2015
03-08
full format · 3 days late
2014
30-09
full format · 61 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by BOEL in July 2023
AUTO PILOT is no longer in the KBO register. BOEL took it over in a merger by absorption, published in the Belgian Official Gazette on 28 July 2023.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 28 July 2023 · act
- Absorbed by
- BOEL · 0427.378.931
- Last annual accounts
- financial year to 31 December 2022
- Last registered office
- Chaussee De Ninove 588, 1070 Anderlechtas published on 28 July 2023
- Legal form
- Private limited company
- First annual accounts
- financial year 1977
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'exploitatiori d'une auto-école; La formation de moniteurs pour auto-école,avec cours théoriques et pratiques,comprenant toutes les…”deed of 02-05-2023 (in French)
3 activities
- L'exploitatiori d'une auto-école;
- La formation de moniteurs pour auto-école,avec cours théoriques et pratiques,comprenant toutes les matières se rapportant à l'automobile,la vente de matériel didactique et de cours;
- L'exploitation d'un garage avec la vente et l'achat de tous véhicules automobiles,neufs ou d'occasion.ainsi que de tous les accessoires s'y rapportant,y compris la vente de carburants en tous genres.
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-12-2022 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “1070 Anderlecht,Chaussée de Ninove,588, organe d’administration peut établir par simple décision sièges…”deed of 28-12-2022 (in French)
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of May at 11:00
deed of 28-12-2022 (in French)