AUTOMATIC'GAZ
ActiveAUTOMATIC'GAZ has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €11k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 36383 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +48 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 36.49 against 10.23 in 2023), and 2.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €21k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d early
2023
23 d late
2022
on the day
2021
2 d early
2020
4 d early
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k▲ 107%
2023 · €10k
2021: €19k
2022: €18k
2023: €10k
2021 → 2024
Total assets
€22k▲ 92.2%
2023 · €11k
2021: €22k
2022: €19k
2023: €11k
2021 → 2024
Net result
€11k
2023 · €-7k
2021: €-4k
2022: €-2k
2023: €-7k
2021 → 2024
Working capital
€21k▲ 107%
2023 · €10k
2021: €19k
2022: €17k
2023: €10k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€19k-€18k▼ 9.2%€10k▼ 41.7%€21k▲ 107%
Operating result€-4k-€-2k▲ 54.9%€-7k▼ 305%€11k
Net result€-4k-€-2k▲ 53.5%€-7k▼ 311%€11k
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 2024: €11k after a loss of €7k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €22k
Equity
€21k▲ 107%
Debt
€600▼ 46.1%
The debt ratio falls from 9.8% to 2.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▲
2023 · €-7k
Cash flow
€11k▲
2023 · €-7k
Solvency
97.3%▲
2023 · 90.2%
Current ratio
36.49▲
2023 · 10.23
Quick ratio
36.49▲
2023 · 10.23
Debt / equity
0.03▼
2023 · 0.11
ROE
51.7%▲
2023 · -71.4%
ROA
50.3%▲
2023 · -64.4%
Interest coverage
89.47▲
2023 · -50.32
Debt
€600▼
2023 · €1k
Debt ≤ 1 year
€600▼
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Total assets
20/58€11k€22k▲
Current assets
29/58€11k€22k▲
Amounts receivable within one year
40/41€7k€9k▲
Cash & bank
54/58€5k€12k▲
Total equity & liabilities
10/49€11k€22k▲
Equity
10/15€10k€21k▲
Contributions / capital
10/11€15k€15k=
Reserves
13€2k€2k=
Accumulated profits (losses)
14€-6k€5k▲
Amounts payable
17/49€1k€600▼
Amounts payable within one year
42/48€1k€600▼
Trade debts payable within one year
44€1k€600▼
Income statement
Code20232024
Gross operating margin
9900€-6k€12k▲
Operating result
9901€-7k€11k▲
Financial income
75€202€0▼
Financial charges
65€139€124▼
Result before taxes
9903€-7k€11k▲
Net result for the period
9904€-7k€11k▲
Result to be appropriated
9905€-7k€11k▲
Timeline · acts, filings and financial milestones
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 36.49
Current ratio from 10.23 to 36.49; short-term debt falls from €1k to €600.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
25-01
State Gazette act
Minor change
Statutes change · David MOURLON BEERNAERT
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
MEYER HVAC
BE 0725.921.175
Eupen · Eq €21k
Heating Spareparts Consulting
BE 0771.677.956
Sint-Gillis (bij-Brussel) · Eq €21k
Depaepe
BE 0400.023.941
Merelbeke-Melle · Eq €21k
Sanibelco
BE 0737.497.829
Antwerpen · Eq €21k
Rovilex
BE 0794.494.336
Grobbendonk · Eq €21k
Of 9,467 companies in sector 43222 we hold annual accounts for 5,527. 3,495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2009
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-07-2026. Scores and ratios are computed by Checked and are not a credit decision.