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AUTO TRADE

Bankruptcy closed
Private limited company (pre-2019)founded 1989Grand'Place(L) 23C, 7860 Lessines, BelgiumKBO/BCE: BE 0436.704.094

Inactive since 03-06-2026; last annual accounts for fiscal year 2017.

Summary

AUTO TRADE was declared bankrupt on 26-04-2022 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed for insufficient assets by judgment of 02-06-2026, published in the Belgian State Gazette on 10-06-2026.

AUTO TRADEBankruptcy closed

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 10-06-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 27-09-2018, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

AUTO TRADE was incorporated on 17 February 1989.1 Total assets rose from EUR 2.1 million in 2013 to EUR 2.3 million in 2017.2 On 26 April 2022 the company was declared bankrupt; the bankruptcy was closed on 2 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian State Gazette, 09-06-2022
  4. 4Belgian State Gazette, 10-06-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2017, abbreviated schema

Equity
€698,080▲ 0.5%
2016 · €694,549
Total assets
€2.3m▲ 18.8%
2016 · €1.9m
Net result
€3,531▼ 94.6%
2016 · €65,926
Working capital
€700,004=
2016 · €699,881
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
Line20132014201520162017
Operating result€20,896-€34,459▲ 64.9%-€35,024€84,005€21,082▼ 74.9%
Net result€10,568-€12,586▲ 19.1%-€57,140€65,926€3,531▼ 94.6%
Equity€673,177-€685,763▲ 1.9%€628,622▼ 8.3%€694,549▲ 10.5%€698,080▲ 0.5%
Total assets€2.1m-€1.7m▼ 16.4%€1.4m▼ 20.7%€1.9m▲ 42.3%€2.3m▲ 18.8%
Debt€1.4m-€1.0m▼ 25.4%€731,288▼ 28.9%€1.2m▲ 69.6%€1.6m▲ 29.1%
Working capital€608,668-€638,160▲ 4.8%€583,205▼ 8.6%€699,881▲ 20.0%€700,004=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2013: €20,896€20,896Net result 2013: €10,568€10,568Operating result 2014: €34,459€34,459Net result 2014: €12,586€12,586Operating result 2015: -€35,024-€35,024Net result 2015: -€57,140-€57,140Operating result 2016: €84,005€84,005Net result 2016: €65,926€65,926Operating result 2017: €21,082€21,082Net result 2017: €3,531€3,53120132014201520162017-€100,000-€50,000€0€50,000€100,000Operating result 2015: -€35,024-€35,000Net result 2015: -€57,140-€57,100Operating result 2016: €84,005€84,000Net result 2016: €65,926€65,900Operating result 2017: €21,082€21,100Net result 2017: €3,531€3,530201520162017
The operating result falls in 2017; 2017 is 75% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €2.3m
Fixed assets €26,990 ▼ 26.1%
Current assets €2.3m ▲ 19.7%
Equity and liabilities €2.3m
Equity €698,080 ▲ 0.5%
Debt €1.6m ▲ 29.1%
Debt's share of the balance-sheet total rises from 64.1% to 69.6%. Equity and debt are higher.
Key figures and ratios
2017 value · change against 2016
EBITDA
€30,619▼
2016 · €96,678
Cash flow
€13,068▼
2016 · €78,599
Current ratio
1.45▼
2016 · 1.58
Quick ratio
1.29▼
2016 · 1.41
Debt to equity
0.04▼
2016 · 0.06
ROE
0.5%▼
2016 · 9.5%
ROA
0.2%▼
2016 · 3.4%
Debt ≤ 1 year
€1.6m▲
2016 · €1.2m
Debt > 1 year
€27,163▼
2016 · €41,335
Income taxes
€3,800▼
2016 · €8,369
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 26 lines
Balance sheet Code20162017
Assets
Total assets20/58€1.9m€2.3m▲
Fixed assets21/28€36,527€26,990▼
Tangible fixed assets22/27€36,517€26,980▼
Financial fixed assets28€10€10=
Current assets29/58€1.9m€2.3m▲
Stocks and contracts in progress3€208,052€236,912▲
Amounts receivable within one year40/41€1.7m€2.0m▲
Cash at bank and in hand54/58€21,839€22,256▲
Equity and liabilities
Total equity and liabilities10/49€1.9m€2.3m▲
Equity10/15€694,549€698,080▲
Contributions10/11€62,000€62,000=
Reserves13€42,897€42,897=
Profit (loss) carried forward14€589,652€593,183▲
Amounts payable17/49€1.2m€1.6m▲
Amounts payable after more than one year17€41,335€27,163▼
Amounts payable within one year42/48€1.2m€1.6m▲
Trade debts44€593,160€545,571▼
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,673€9,537▼
Gross operating margin9900€98,201€33,553▼
Operating profit (loss)9901€84,005€21,082▼
Recurring financial income75€5€15▲
Recurring financial charges65€9,715€13,765▲
Profit (loss) for the period before taxes9903€74,295€7,332▼
Income taxes67/77€8,369€3,800▼
Profit (loss) for the period9904€65,926€3,531▼
Profit (loss) for the period to be appropriated9905€65,926€3,531▼
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,321€20,599€21,637€12,673€9,537▼ 24.7%
Gross operating margin9900€18,717€57,658-€11,540€98,201€33,553▼ 65.8%
Operating profit (loss)9901€20,896€34,459-€35,024€84,005€21,082▼ 74.9%
Recurring financial income75€156€30€22€5€15▲ 184%
Recurring financial charges65€15,371€15,376€21,088€9,715€13,765▲ 41.7%
Profit (loss) for the period before taxes9903€10,955€19,113-€57,140€74,295€7,332▼ 90.1%
Income taxes67/77€387€6,527-€8,369€3,800▼ 54.6%
Profit (loss) for the period9904€10,568€12,586-€57,140€65,926€3,531▼ 94.6%
Profit (loss) for the period to be appropriated9905€10,568€12,586-€57,140€65,926€3,531▼ 94.6%
Line20132014201520162017Change
Assets
Total assets20/58€2.1m€1.7m€1.4m€1.9m€2.3m▲ 18.8%
Fixed assets21/28€64,509€49,695€47,017€36,527€26,990▼ 26.1%
Tangible fixed assets22/27€64,499€49,685€47,007€36,517€26,980▼ 26.1%
Financial fixed assets28€10€10€10€10€10=
Current assets29/58€2.0m€1.7m€1.3m€1.9m€2.3m▲ 19.7%
Stocks and contracts in progress3€539,635€737,059€464,800€208,052€236,912▲ 13.9%
Amounts receivable within one year40/41€1.3m€887,063€793,928€1.7m€2.0m▲ 20.7%
Cash at bank and in hand54/58€102,841€40,455€54,159€21,839€22,256▲ 1.9%
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.7m€1.4m€1.9m€2.3m▲ 18.8%
Equity10/15€673,177€685,763€628,622€694,549€698,080▲ 0.5%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Reserves13€30,311€42,897€42,896€42,897€42,897=
Profit (loss) carried forward14€580,866€580,866€523,726€589,652€593,183▲ 0.6%
Amounts payable17/49€1.4m€1.0m€731,288€1.2m€1.6m▲ 29.1%
Amounts payable after more than one year17---€41,335€27,163▼ 34.3%
Amounts payable within one year42/48€1.4m€1.0m€729,688€1.2m€1.6m▲ 31.2%
Trade debts44€890,586€456,144€205,945€593,160€545,571▼ 8.0%
Line20132014201520162017Change
Profit (loss) for the period9904€10,568€12,586-€57,140€65,926€3,531▼ 94.6%
+ Depreciation and write-downs630€21,321€20,599€21,637€12,673€9,537▼ 24.7%
Operating cash flow (approximation)€31,889€33,185-€35,503€78,599€13,068▼ 83.4%
Investment in fixed assets (approximation)--€5,785-€18,959-€2,183€0▲ 100%
Change in cash--€62,386€13,704-€32,321€418▲ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
10-06
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Tournai · event 02-06-2026
2024
24-04
Bankruptcy Supervising judge replaced
Tribunal de l’entreprise du Hainaut, division Tournai · event 16-04-2024
2022
09-06
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 26-04-2022
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-12
Financial Back to profitnet €65,926
Net result €65,926 after one loss-making year.
19-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 80 days late
2015
31-12
Financial Weakest financial yearnet -€57,140
Net result drops to -€57,140, the lowest in the series.
28-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 89 days late
2014
29-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 60 days late
2013
21-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 113 days late
2012
12-12
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 134 days late
Show earlier events
2011
17-11
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 109 days late
2010
28-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 28 days late
10-02
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 194 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Lessines
exact location from the address register On OpenStreetMap
Ground area
373 m²
Building footprint
238 m²
Volume, LiDAR
3,891 m³
Parcel 55023D0261/00E000, Wallonia · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55023D0261/00E000 Wallonia 373 m² 1 · 238 m² 21.1 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 JOHN DEHAENE
RUE DE LA HALLE, 20, 7860 LESSINES- . Date provisoire de cessation de paiement : 26/04/2022
26-04-2022 → 02-06-2026

Similar companies · same sector, comparable size

Of 2,129 companies in sector 46711 we hold annual accounts for 1,130. 644 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.