AUTO SMART
ActiveSummary
The computed 12-month bankruptcy probability of AUTO SMART is 3.5% (moderate). For AUTO SMART, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-15k) and a net result of €273. Equity is shrinking by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 24629 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability69▲+69
Solvency4▲+4
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
-21.1%
Return on assets
0.4%
Age of the figures
33 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-12-2024, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
132 d late
2022
193 d late
2021
108 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€102k
EBIT margin
-9.8%
Net result
€273
2022 · €-10k
2021: €-8k
2022: €-10k▼ -31.9% vs 2021lowest in 3 years
2023: €273▲ +103% vs 2022highest in 3 years
2021 → 2023
Working capital
€-16k▲ 7.3%
2022 · €-17k
2021: €-8khighest in 3 years
2022: €-17k▼ -108% vs 2021lowest in 3 years
2023: €-16k▲ +7.3% vs 2022
2021 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€102k
Equity€-6k-€-16k▼ 179%€-15k▲ 1.8%
2021: €-6khighest in 3 years
2022: €-16k▼ -179% vs 2021lowest in 3 years
2023: €-15k▲ +1.8% vs 2022
Operating result€-8k-€-10k▼ 31.6%€420
2021: €-8k
2022: €-10k▼ -31.6% vs 2021lowest in 3 years
2023: €420▲ +104% vs 2022highest in 3 years
Net result€-8k-€-10k▼ 31.9%€273
2021: €-8k
2022: €-10k▼ -31.9% vs 2021lowest in 3 years
2023: €273▲ +103% vs 2022highest in 3 years
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 2023: €420 after a loss of €10k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €72k
Fixed assets
€813 ▼ 54.7%
Current assets
€71k ▲ 434%
Key figures and ratios
EBITDA
€1k▲
2022 · €-9k
Cash flow
€1k▲
2022 · €-9k
Solvency
-21.1%▲
2022 · -102.3%
Current ratio
0.82▲
2022 · 0.44
Debt to equity
-5.74▼
2022 · -1.98
ROA
0.4%▲
2022 · -65.7%
Interest coverage
9.58▲
2022 · -246.71
Debt
€88k▲
2022 · €31k
Debt ≤ 1 year
€88k▲
2022 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 35 lines
Balance sheet
Code20222023
Assets
Total assets20/58€15k€72k▲
Fixed assets21/28€2k€813▼
Tangible fixed assets22/27€2k€735▼
Furniture and vehicles24€2k€735▼
Financial fixed assets28€78€78=
Current assets29/58€13k€71k▲
Amounts receivable within one year40/41€12k€69k▲
Trade receivables40€11k€68k▲
Other amounts receivable41€504€1k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€167-
Equity and liabilities
Total equity and liabilities10/49€15k€72k▲
Equity10/15€-16k€-15k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-18k€-17k▲
Amounts payable17/49€31k€88k▲
Amounts payable within one year42/48€31k€88k▲
Trade debts44€2k€37k▲
Suppliers440/4€2k€37k▲
Other amounts payable47/48€29k€50k▲
Income statement
Code20222023
Turnover70€102k-
Goods, raw materials, services and sundry goods60/61€110k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€983€983=
Other operating charges640/8€470€300▼
Gross operating margin9900€-8k€2k▲
Operating profit (loss)9901€-10k€420▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€36€146▲
Recurring financial charges65€36€146▲
Profit (loss) for the period before taxes9903€-10k€273▲
Profit (loss) for the period9904€-10k€273▲
Profit (loss) for the period to be appropriated9905€-10k€273▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-17k▲
Profit (loss) brought forward from the previous period14P€-8k€-18k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | - | €102k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €110k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €248 | €983 | €983 | = |
| Other operating charges640/8 | €70 | €470 | €300 | ▼ 36.2% |
| Gross operating margin9900 | €-7k | €-8k | €2k | ▲ 120% |
| Operating profit (loss)9901 | €-8k | €-10k | €420 | ▲ 104% |
| Financial income75/76B | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | €7 | €36 | €146 | ▲ 304% |
| Recurring financial charges65 | €7 | €36 | €146 | ▲ 304% |
| Profit (loss) for the period before taxes9903 | €-8k | €-10k | €273 | ▲ 103% |
| Profit (loss) for the period9904 | €-8k | €-10k | €273 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-10k | €273 | ▲ 103% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6k | €15k | €72k | ▲ 376% |
| Fixed assets21/28 | €3k | €2k | €813 | ▼ 54.7% |
| Tangible fixed assets22/27 | €3k | €2k | €735 | ▼ 57.2% |
| Furniture and vehicles24 | €3k | €2k | €735 | ▼ 57.2% |
| Financial fixed assets28 | €78 | €78 | €78 | = |
| Current assets29/58 | €3k | €13k | €71k | ▲ 434% |
| Stocks and contracts in progress3 | €807 | - | - | - |
| Stocks30/36 | €807 | - | - | - |
| Amounts receivable within one year40/41 | €2k | €12k | €69k | ▲ 480% |
| Trade receivables40 | €2k | €11k | €68k | ▲ 492% |
| Other amounts receivable41 | - | €504 | €1k | ▲ 196% |
| Cash at bank and in hand54/58 | €116 | €1k | €2k | ▲ 63.4% |
| Deferred charges and accrued income490/1 | €264 | €167 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6k | €15k | €72k | ▲ 376% |
| Equity10/15 | €-6k | €-16k | €-15k | ▲ 1.8% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-8k | €-18k | €-17k | ▲ 1.6% |
| Amounts payable17/49 | €11k | €31k | €88k | ▲ 185% |
| Amounts payable within one year42/48 | €11k | €31k | €88k | ▲ 185% |
| Trade debts44 | €6k | €2k | €37k | ▲ 1,716% |
| Suppliers440/4 | €6k | €2k | €37k | ▲ 1,716% |
| Taxes, remuneration and social security45 | €81 | - | - | - |
| Taxes450/3 | €81 | - | - | - |
| Other amounts payable47/48 | €6k | €29k | €50k | ▲ 75.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-10k | €273 | ▲ 103% |
| + Depreciation and write-downs630 | €248 | €983 | €983 | = |
| Operating cash flow (approximation) | €-7k | €-9k | €1k | ▲ 114% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €1k | €772 | ▼ 30.0% |
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
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 132 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 193 days late
2023
31-12
Financial
Back to profitnet €273
Net result €273 after 2 loss-making years.
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Vilvoorde · 1 establishment unit since 2021
Ground area
94 m²
Building footprint
82 m²
Volume, LiDAR
725 m³
Parcel 23642D0866/00X000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
278
companies at this address
See who is registered here
1 establishment unit
AUTO SMART
since 20212.313.280.447
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0866/00X000 | Flanders | 93 m² | 1 · 82 m² | 11.0 m · 3 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.
Similar companies · same sector and region
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Alba Prestige Auto
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,667 companies in sector 47811 we hold annual accounts for 5,220. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-2021
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
Scores and ratios are computed by Checked and are not a credit decision.