AUTOGROEP NOORDZEE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €20.83M and a net result of €6k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 2381 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
31 d late
2022
on the day
2021
13 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€20.83M=
2024 · €20.82M
2018: €10.66M
2019: €11.96M
2020: €15.39M
2021: €19.56M
2022: €19.58M
2023: €19.58M
2024: €20.82M
2018 → 2025
Net result
€6k▼ 99.6%
2024 · €1.34M
2018: €12k
2019: €1.30M
2020: €71k
2021: €27k
2022: €114k
2023: €104k
2024: €1.34M
2018 → 2025
Total assets
€27.15M▲ 0.4%
2024 · €27.03M
2018: €13.95M
2019: €14.83M
2020: €17.28M
2021: €22.47M
2022: €24.27M
2023: €24.19M
2024: €27.03M
2018 → 2025
Solvency
76.7%▼ 0.3pp
2024 · 77.0%
2018: 76.4%
2019: 80.7%
2020: 89.0%
2021: 87.1%
2022: 80.7%
2023: 80.9%
2024: 77.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€364k-€439k
Equity€19.56M-€19.58M▲ 0.1%€19.58M=€20.82M▲ 6.4%€20.83M=
Operating result€16k-€130k▲ 715%€129k▼ 0.6%€-33k€56k
Net result€27k-€114k▲ 318%€104k▼ 8.8%€1.34M▲ 1,191%€6k▼ 99.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €56k after a loss of €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.15M
Fixed assets
€18.39M▼ 2.8%
Current assets
€8.76M▲ 8.0%
Equity and liabilities €27.15M
Equity
€20.83M=
Debt
€6.31M▲ 1.8%
The debt ratio rises from 23.0% to 23.3%. Debt is higher.
Key figures and ratios
Solvency
76.7%▼
2024 · 77.0%
ROE
0.0%▼
2024 · 6.5%
ROA
0.0%▼
2024 · 5.0%
Debt
€6.31M▲
2024 · €6.20M
Debt ≤ 1 year
€4.76M▲
2024 · €4.36M
Debt > 1 year
€1.55M▼
2024 · €1.84M
Income taxes
€2k▼
2024 · €16k
Staff costs
€252k▲
2024 · €242k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€27.03M€27.15M▲
Fixed assets21/28€18.92M€18.39M▼
Financial fixed assets28€18.92M€18.39M▼
Affiliated companies280/1-€18.39M
Participating interests280-€18.39M
Current assets29/58€8.11M€8.76M▲
Amounts receivable within one year40/41€6.11M€6.43M▲
Trade receivables40€115k€152k▲
Other amounts receivable41€5.99M€6.27M▲
Cash at bank and in hand54/58€2.00M€2.33M▲
Equity and liabilities
Total equity and liabilities10/49€27.03M€27.15M▲
Equity10/15€20.82M€20.83M=
Contributions10/11€17.35M€17.35M=
Capital10€17.35M€17.35M=
Issued capital100€17.35M€17.35M=
Revaluation surpluses12€800k€800k=
Reserves13€2.67M€2.68M▲
Non-distributable reserves130/1€144k€144k▲
Legal reserve130€144k€144k▲
Distributable reserves133€2.53M€2.54M▲
Amounts payable17/49€6.20M€6.31M▲
Amounts payable after more than one year17€1.84M€1.55M▼
Financial debts170/4€1.84M€1.55M▼
Credit institutions173-€1.55M
Amounts payable within one year42/48€4.36M€4.76M▲
Current portion of amounts payable after more than one year42-€200k
Trade debts44€52k€54k▲
Suppliers440/4€52k€54k▲
Taxes, remuneration and social security45€61k€89k▲
Taxes450/3€32k€45k▲
Remuneration and social security454/9€28k€44k▲
Other amounts payable47/48€4.25M€4.42M▲
Income statement
Code20242025
Operating income70/76A-€448k
Turnover70-€439k
Other operating income74-€9k
Operating charges60/66A-€391k
Services and other goods61-€138k
Remuneration, social security and pensions62€242k€252k▲
Other operating charges640/8€968€1k▲
Gross operating margin9900€210k-
Operating profit (loss)9901€-33k€56k▲
Financial income75/76B€1.40M-
Recurring financial income75€1.40M-
Financial charges65/66B€8k€49k▲
Recurring financial charges65€8k€49k▲
Debt charges650-€49k
Profit (loss) for the period before taxes9903€1.36M€8k▼
Income taxes67/77€16k€2k▼
Taxes670/3-€2k
Profit (loss) for the period9904€1.34M€6k▼
Profit (loss) for the period to be appropriated9905€1.34M€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.34M€6k▼
Transfer to equity691/2€1.24M€6k▼
To the legal reserve6920€67k€300▼
To other reserves6921€1.18M€6k▼
Profit to be distributed694/7€100k-
Return on contributions (dividend)694€100k-
Social balance
Average headcount (FTE)9087-2.4
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €6k ▼99.6%
Net result drops to €6k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €1.34M ▲1191%
Net result €1.34M, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Liquidity times 6current ratio 2.35
Current ratio from 0.41 to 2.35; short-term debt falls from €2.96M to €2.70M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Oostende · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Torhoutsesteenweg 6918400 OostendeGround area
1.2 ha
Building footprint
4,454 m²
Volume, LiDAR
22,927 m³
Parcel 35020A0077/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AUTOGROEP NOORDZEE
since 20162.259.436.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0077/00G000 | Flanders | 1.2 ha | 1 · 4,454 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900H2KTK649J8GS70
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 4,206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.