AUTO-TECH
InactiveAUTO-TECH was declared bankrupt on 03-06-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 15-09-2025, published in the Belgian State Gazette on 24-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
2 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 8 days after 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 (1)
History
Financials · fiscal year 2022, micro schema
Equity
€78,868
2021 · -€27,921
Total assets
€411,490▲ 16.2%
2021 · €354,048
Net result
€106,790▲ 51,765%
2021 · €206
Working capital
€143,926▲ 427%
2021 · €27,332
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€17,949-€8,173€12,005▲ 46.9%€3,261▼ 72.8%€121,496▲ 3,626%
Net result-€22,479-€4,282€8,495▲ 98.4%€206▼ 97.6%€106,790▲ 51,765%
Equity-€40,904--€36,622▲ 10.5%-€28,127▲ 23.2%-€27,921▲ 0.7%€78,868
Total assets€440,546-€395,945▼ 10.1%€379,493▼ 4.2%€354,048▼ 6.7%€411,490▲ 16.2%
Debt€481,451-€432,567▼ 10.2%€407,620▼ 5.8%€381,969▼ 6.3%€321,254▼ 15.9%
Working capital-€2,735-€19,842€38,630▲ 94.7%€27,332▼ 29.2%€143,926▲ 427%
Staff (FTE)0.1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 3,626% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €411,490
Fixed assets
€231,312 ▼ 12.0%
Current assets
€180,179 ▲ 97.7%
Equity and liabilities €411,490
Equity
€78,868
Provisions
€11,368
Debt
€321,254
Debt finances 78.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€152,321▲
2021 · €16,686
Cash flow
€137,614▲
2021 · €13,631
Current ratio
4.97▲
2021 · 1.43
Quick ratio
3.78▲
2021 · 0.17
Debt to equity
4.07▲
2021 · -13.68
ROE
135.4%
ROA
26.0%▲
2021 · 0.1%
Interest coverage
40.19▲
2021 · 5.31
Debt ≤ 1 year
€36,253▼
2021 · €63,807
Debt > 1 year
€279,100▼
2021 · €313,500
Income taxes
€1,293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €146,279 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,388 | €35,361 | €36,338 | €13,425 | €30,825 | ▲ 130% |
| Other operating charges640/8 | - | - | - | €4,876 | €4,986 | ▲ 2.3% |
| Gross operating margin9900 | €32,884 | €48,995 | €53,306 | €21,562 | €157,307 | ▲ 630% |
| Operating profit (loss)9901 | -€17,949 | €8,173 | €12,005 | €3,261 | €121,496 | ▲ 3,626% |
| Financial income75/76B | - | - | - | €87 | €1,746 | ▲ 1,900% |
| Recurring financial income75 | €76 | €17 | €53 | €87 | €1,746 | ▲ 1,900% |
| Financial charges65/66B | - | - | - | €3,142 | €3,790 | ▲ 20.6% |
| Recurring financial charges65 | €4,605 | €3,908 | €3,564 | €3,142 | €3,790 | ▲ 20.6% |
| Profit (loss) for the period before taxes9903 | -€22,479 | €4,282 | €8,495 | €206 | €119,451 | ▲ 57,914% |
| Transfer from deferred taxes780 | - | - | - | - | €79 | - |
| Transfer to deferred taxes680 | - | - | - | - | €11,447 | - |
| Income taxes67/77 | - | - | - | - | €1,293 | - |
| Profit (loss) for the period9904 | -€22,479 | €4,282 | €8,495 | €206 | €106,790 | ▲ 51,765% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €315 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €45,789 | - |
| Profit (loss) for the period to be appropriated9905 | -€22,479 | €4,282 | €8,495 | €206 | €61,316 | ▲ 29,679% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €440,546 | €395,945 | €379,493 | €354,048 | €411,490 | ▲ 16.2% |
| Fixed assets21/28 | €341,811 | €302,991 | €272,009 | €262,908 | €231,312 | ▼ 12.0% |
| Tangible fixed assets22/27 | €341,811 | €302,991 | €272,009 | €262,908 | €231,312 | ▼ 12.0% |
| Land and buildings22 | - | - | - | €255,064 | €225,279 | ▼ 11.7% |
| Plant, machinery and equipment23 | - | - | - | €6,560 | €4,343 | ▼ 33.8% |
| Furniture and vehicles24 | - | - | - | €549 | €1,690 | ▲ 208% |
| Other tangible fixed assets26 | - | - | - | €736 | - | - |
| Current assets29/58 | €98,736 | €92,954 | €107,484 | €91,140 | €180,179 | ▲ 97.7% |
| Stocks and contracts in progress3 | €61,237 | €76,249 | €81,353 | €80,262 | €43,298 | ▼ 46.1% |
| Stocks30/36 | - | - | - | €80,262 | €43,298 | ▼ 46.1% |
| Amounts receivable within one year40/41 | €1,018 | €2,522 | €666 | €893 | €24,940 | ▲ 2,692% |
| Trade receivables40 | - | - | - | €508 | €18,686 | ▲ 3,580% |
| Other amounts receivable41 | - | - | - | €385 | €6,254 | ▲ 1,523% |
| Cash at bank and in hand54/58 | €4,197 | €13,300 | €6,822 | €8,848 | €111,119 | ▲ 1,156% |
| Deferred charges and accrued income490/1 | - | - | - | €1,137 | €821 | ▼ 27.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €440,546 | €395,945 | €379,493 | €354,048 | €411,490 | ▲ 16.2% |
| Equity10/15 | -€40,904 | -€36,622 | -€28,127 | -€27,921 | €78,868 | ▲ 382% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | = |
| Outside capital11 | - | - | - | €18,600 | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €60,268 | ▲ 3,140% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | - | €45,474 | - |
| Distributable reserves133 | - | - | - | - | €12,935 | - |
| Profit (loss) carried forward14 | -€61,364 | -€57,082 | -€48,587 | -€48,381 | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €11,368 | - |
| Deferred taxes168 | - | - | - | - | €11,368 | - |
| Amounts payable17/49 | €481,451 | €432,567 | €407,620 | €381,969 | €321,254 | ▼ 15.9% |
| Amounts payable after more than one year17 | €377,700 | €356,300 | €334,900 | €313,500 | €279,100 | ▼ 11.0% |
| Financial debts170/4 | - | - | - | €313,500 | €279,100 | ▼ 11.0% |
| Amounts payable within one year42/48 | €101,470 | €73,112 | €68,854 | €63,807 | €36,253 | ▼ 43.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,400 | €21,400 | = |
| Trade debts44 | €35,872 | €7,674 | €4,718 | €1,078 | €2,260 | ▲ 110% |
| Suppliers440/4 | - | - | - | €1,078 | €2,260 | ▲ 110% |
| Taxes, remuneration and social security45 | - | - | - | €2,461 | €3,452 | ▲ 40.3% |
| Taxes450/3 | - | - | - | €31 | €1,023 | ▲ 3,156% |
| Remuneration and social security454/9 | - | - | - | €2,429 | €2,429 | = |
| Other amounts payable47/48 | - | - | - | €38,869 | €9,141 | ▼ 76.5% |
| Accrued charges and deferred income492/3 | - | - | - | €4,662 | €5,901 | ▲ 26.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,479 | €4,282 | €8,495 | €206 | €106,790 | ▲ 51,765% |
| + Depreciation and write-downs630 | €46,388 | €35,361 | €36,338 | €13,425 | €30,825 | ▲ 130% |
| Operating cash flow (approximation) | €23,909 | €39,643 | €44,833 | €13,631 | €137,614 | ▲ 910% |
| Investment in fixed assets (approximation) | - | €3,459 | -€5,356 | -€4,325 | €772 | ▲ 118% |
| Change in cash | - | €9,103 | -€6,478 | €2,026 | €102,271 | ▲ 4,947% |
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
2025
24-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 15-09-2025
2024
07-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 03-06-2024
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €106,790 ▲51,765%
Operating result €121,496, net result €106,790, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.97
Current ratio from 1.43 to 4.97; short-term debt falls from €63,807 to €36,253.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €4,282
Net result €4,282 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Show earlier events
2016
31-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE BAILLON NOORDLAAN 172, 9200 DENDER-
MONDE |
03-06-2024 → 15-09-2025 |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 383 EUR awarded · 383 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 383 EUR | 383 EUR |
Recognitions · licences · registrations
Dual-learning approval
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