AUTOMAK
ActiveSummary
AUTOMAK has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57,039 and a net result of €12,995. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 21% of 6127 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111NACE 45113
1 site
How big
€1.8mturnover 2024
- Staff
- 3 FTE
- Equity
- €57,039
- Profit
- €12,995
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 44- Higher-failure-rate region- Higher-failure-rate sector- Annual accounts: weaker financial profile- Weak solvency vs sector- Filed more than 90 days late+ Long track record+ Growing equityShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability36▲+14
Solvency43▲+6
Growth71▲+32
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.39 against 1.6 in 2023; short-term debt: 71.1% and cash: 0% of total assets), and 82.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
17.7%
Return on assets
4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6127 sector peers (2024).
NBB · sector comparisonPosition among 6127 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €57,039
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
105 d late
2023
107 d late
2022
85 d late
2021
141 d late
2020
128 d late
2019
115 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €12,995
- Annual accounts filedfiscal year 2023 · full…
Financials
Fiscal year 2024Turnover €1.8mProfit €12,995Solvency 17.7%Liquidity 1.39
Turnover
€1.8m▲ 16.6%
2018 - 2024
Net result
€12,995
2018 - 2024
Equity
€57,039▲ 29.5%
2018 - 2024
Staff (FTE)
3=
2018 - 2024
Financials · fiscal year 2024, full schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.1m€1.5m▲ 35.2%€1.8m▲ 16.6%
Operating result€0.007m▼ 41.9%€0.01m▲ 110%-€0.003m€0.002m€0.03m▲ 1,246%
Net result-€0.002mbelow the sector's middle half€0.004mbelow the sector's middle half-€0.004mbelow the sector's middle half-€0.006mbelow the sector's middle half▼ 32.5%€0.01mwithin the sector's middle half
EBIT margin-0.3%0.1%▲ 0.4pp1.5%▲ 1.4pp
Equity€0.05mbelow the sector's middle half▼ 3.4%€0.05mbelow the sector's middle half▲ 8.7%€0.05mbelow the sector's middle half▼ 8.1%€0.04mbelow the sector's middle half▼ 11.7%€0.06mbelow the sector's middle half▲ 29.5%
Total assets€0.2mbelow the sector's middle half▲ 8.3%€0.3mbelow the sector's middle half▲ 68.8%€0.3mbelow the sector's middle half▲ 0.5%€0.4mbelow the sector's middle half▲ 22.0%€0.3mbelow the sector's middle half▼ 13.4%
Debt€0.1m▲ 13.5%€0.2m▲ 91.8%€0.3m▲ 2.4%€0.3m▲ 28.5%€0.3m▼ 19.1%
Working capital€0.07mwithin the sector's middle half▲ 33.6%€0.1mwithin the sector's middle half▲ 97.9%€0.1mwithin the sector's middle half▲ 3.2%€0.1mwithin the sector's middle half▼ 6.1%€0.09mbelow the sector's middle half▼ 35.1%
Solvency27.7%within the sector's middle half▼ 3.3pp17.8%below the sector's middle half▼ 9.8pp16.3%below the sector's middle half▼ 1.5pp11.8%below the sector's middle half▼ 4.5pp17.7%below the sector's middle half▲ 5.8pp
Current ratio1.67within the sector's middle half▲ 0.191.88within the sector's middle half▲ 0.221.93within the sector's middle half▲ 0.051.60within the sector's middle half▼ 0.341.39within the sector's middle half▼ 0.21
Return on assets (ROA)-1.0%below the sector's middle half▼ 3.4pp1.4%within the sector's middle half▲ 2.4pp-1.4%below the sector's middle half▼ 2.9pp-1.6%below the sector's middle half▼ 0.1pp4.0%within the sector's middle half▲ 5.6pp
Staff (FTE)0.5below the sector's middle half=1below the sector's middle half▲ 100%2below the sector's middle half▲ 100%3below the sector's middle half▲ 50.0%3below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,246% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €323,074
Fixed assets
€4,630 ▼ 36.1%
Current assets
€318,444 ▼ 12.9%
Equity and liabilities €323,074
Equity
€57,039 ▲ 29.5%
Debt
€266,035 ▼ 19.1%
Debt's share of the balance-sheet total falls from 88.2% to 82.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€29,678▲
2023 · €4,622
Cash flow
€15,606▲
2023 · -€3,216
Quick ratio
0.14▼
2023 · 0.33
Debt to equity
4.66▼
2023 · 7.47
ROE
22.8%▲
2023 · -13.2%
Interest coverage
2.01▲
2023 · 0.64
Debt ≤ 1 year
€229,723▲
2023 · €228,939
Debt > 1 year
€36,312▼
2023 · €100,000
Income taxes
€621▼
2023 · €3,200
Staff costs
€54,183▲
2023 · €39,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €1.1m | €1.5m | €1.8m | ▲ 16.6% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.1m | €1.5m | €1.7m | ▲ 14.4% |
| Remuneration, social security and pensions62 | - | €0.02m | €0.03m | €0.04m | €0.05m | ▲ 38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €0.001m | €0.002m | €0.003m | €0.003m | = |
| Other operating charges640/8 | - | €0.003m | €0.002m | €0.001m | €0.001m | ▲ 14.9% |
| Gross operating margin9900 | €0.01m | €0.03m | €0.04m | €0.05m | €0.09m | ▲ 89.4% |
| Operating profit (loss)9901 | €0.007m | €0.01m | -€0.003m | €0.002m | €0.03m | ▲ 1,246% |
| Financial income75/76B | - | €0.002m | €0.003m | €0.003m | €0.001m | ▼ 47.7% |
| Recurring financial income75 | - | €0.002m | €0.003m | €0.003m | €0.001m | ▼ 47.7% |
| Non-recurring financial income76B | - | €0.002m | €0.003m | €0.003m | €0.001m | ▼ 47.7% |
| Financial charges65/66B | - | €0.009m | €0.004m | €0.007m | €0.01m | ▲ 105% |
| Recurring financial charges65 | - | €0.009m | €0.004m | €0.007m | €0.01m | ▲ 105% |
| Non-recurring financial charges66B | - | €0.009m | €0.004m | €0.007m | €0.01m | ▲ 105% |
| Profit (loss) for the period before taxes9903 | -€0.001m | €0.006m | -€0.004m | -€0.003m | €0.01m | ▲ 618% |
| Income taxes67/77 | €0.001m | €0.002m | €190 | €0.003m | €0.001m | ▼ 80.6% |
| Profit (loss) for the period9904 | -€0.002m | €0.004m | -€0.004m | -€0.006m | €0.01m | ▲ 323% |
| Profit (loss) for the period to be appropriated9905 | -€0.002m | €0.004m | -€0.004m | -€0.006m | €0.01m | ▲ 323% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €180,271 | €304,248 | €305,779 | €372,982 | €323,074 | ▼ 13.4% |
| Fixed assets21/28 | €2,023 | €3,105 | €4,123 | €7,241 | €4,630 | ▼ 36.1% |
| Tangible fixed assets22/27 | €1,965 | €3,047 | €4,065 | €7,183 | €4,572 | ▼ 36.3% |
| Furniture and vehicles24 | - | €3,047 | €4,065 | €7,183 | €4,572 | ▼ 36.3% |
| Financial fixed assets28 | €58 | €58 | €58 | €58 | €58 | = |
| Current assets29/58 | €178,248 | €301,143 | €301,656 | €365,741 | €318,444 | ▼ 12.9% |
| Stocks and contracts in progress3 | €145,266 | €233,879 | €218,043 | €290,630 | €285,278 | ▼ 1.8% |
| Stocks30/36 | - | €233,879 | €218,043 | €290,630 | €285,278 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €29,004 | €53,651 | €61,945 | €53,519 | €21,575 | ▼ 59.7% |
| Trade receivables40 | - | €8,000 | €4,261 | €7,701 | €11,547 | ▲ 49.9% |
| Other amounts receivable41 | - | €45,651 | €57,684 | €45,818 | €10,028 | ▼ 78.1% |
| Cash at bank and in hand54/58 | €18 | €10,973 | €4,748 | €92 | €91 | ▼ 1.1% |
| Deferred charges and accrued income490/1 | - | €2,640 | €16,920 | €21,500 | €11,500 | ▼ 46.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €180,271 | €304,248 | €305,779 | €372,982 | €323,074 | ▼ 13.4% |
| Equity10/15 | €49,911 | €54,268 | €49,870 | €44,043 | €57,039 | ▲ 29.5% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Capital10 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Issued capital100 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Non-distributable reserves130/1 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Legal reserve130 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €16,911 | €21,268 | €16,870 | €11,043 | €24,039 | ▲ 118% |
| Amounts payable17/49 | €130,360 | €249,980 | €255,909 | €328,939 | €266,035 | ▼ 19.1% |
| Amounts payable after more than one year17 | €23,440 | €90,000 | €100,000 | €100,000 | €36,312 | ▼ 63.7% |
| Financial debts170/4 | - | €90,000 | €100,000 | €100,000 | €36,312 | ▼ 63.7% |
| Amounts payable within one year42/48 | €106,920 | €159,980 | €155,909 | €228,939 | €229,723 | ▲ 0.3% |
| Current portion of amounts payable after more than one year42 | - | €34,214 | €15,346 | €6,758 | - | - |
| Financial debts43 | - | - | - | €58,339 | €74,350 | ▲ 27.4% |
| Credit institutions430/8 | - | - | - | €58,339 | €74,350 | ▲ 27.4% |
| Trade debts44 | €44,708 | €115,863 | €135,545 | €156,840 | €96,073 | ▼ 38.7% |
| Suppliers440/4 | - | €115,863 | €135,545 | €156,840 | €96,073 | ▼ 38.7% |
| Taxes, remuneration and social security45 | - | €9,903 | €5,018 | €7,002 | €5,300 | ▼ 24.3% |
| Taxes450/3 | - | €6,905 | €1,500 | €2,700 | €5,300 | ▲ 96.3% |
| Remuneration and social security454/9 | - | €2,998 | €3,518 | €4,302 | - | - |
| Other amounts payable47/48 | - | - | - | - | €54,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,751 | €4,357 | -€4,398 | -€5,827 | €12,995 | ▲ 323% |
| + Depreciation and write-downs630 | €686 | €1,141 | €1,743 | €2,611 | €2,611 | = |
| Operating cash flow (approximation) | -€1,065 | €5,498 | -€2,655 | -€3,216 | €15,606 | ▲ 585% |
| Investment in fixed assets (approximation) | - | -€2,223 | -€2,761 | -€5,729 | €0 | ▲ 100% |
| Change in cash | - | €10,955 | -€6,225 | -€4,656 | -€1 | ▲ 100.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
MAES FLEET MAINTENANCE
BE 0702.922.871
Dendermonde · Eq €57,093
WAPICAR
BE 1024.310.694
Saint-Ghislain · Eq €56,974
Jomaa Export
BE 0462.518.863
Sint-Jans-Molenbeek · Eq €57,265
NAYEF CAR EXPORT
BE 0862.818.166
Anderlecht · Eq €57,408
WALDO
BE 0791.168.721
Pelt · Eq €56,561
Of 2,129 companies in this sector we hold annual accounts for 1,131. 742 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 13-11-2025
History
Acts, filings and financial milestones
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 105 days late
2024
31-12
Financial
Back to profitnet €12,995
Net result €12,995 after 2 loss-making years.
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 107 days late
2023
31-12
Financial
Weakest financial yearnet -€5,827
Net result drops to -€5,827, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 85 days late
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 141 days late
2021
31-12
Financial
Back to profitnet €4,357
Net result €4,357 after one loss-making year.
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 128 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 115 days late
2019
31-12
Financial
Back to profitnet €4,024
Net result €4,024 after one loss-making year.
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 132 days late
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 73 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 149 days late
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Company details
Private limited company (pre-2019) · founded 24-06-2004Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2004
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)
Contact
Website
www.automak.beDilbeek
E-mail
automakinfo@skynet.beDilbeek
Phone
0475717060Dilbeek
Fax
025223761Dilbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865957897
Also
9925:BE0865957897
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2004
Ground area
6,770 m²
Building footprint
1,189 m²
Volume, LiDAR
21,917 m³
2 parcels, Brussels, Flanders · tallest building 29.7 m, ±9 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
AUTOMAK
since 2004unit no. 2.138.773.784
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0021/00H000 | Brussels | 4,787 m² | 1 · 741 m² | 29.7 m · 9 fl. |
| 23070D0301/00G000 | Flanders | 1,983 m² | 1 · 448 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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