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AUTOMECANO

Active
Private limited companyfounded 1990active for 35 yearsZandvoordestraat 176, 8400 Oostende, BelgiumKBO/BCE: BE 0442.456.590

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488748.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 35 filings

Turnover
≈ €1.4m
Estimated: probably between €890,000 and €2.3m
Total assets
€1.2m▼ 2.0%
2024 · €1.2m
Net result
€50,076▼ 38.2%
2024 · €80,977
Working capital
€275,494▲ 10.4%
2024 · €249,471
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 29% lower than in 2024.

Operating result€0.1m 2025 Net result€0.05m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.08m▼ 33.3%€0.04m▼ 53.3%€0.1m▲ 167%€0.2m▲ 53.0%€0.1m▼ 21.3%€0.1m▲ 19.5%€0.1m▼ 28.8%
Net result€0.07m-€0.05m▼ 38.0%€0.05mwithin the sector's middle half▲ 2.1%€0.06mwithin the sector's middle half▲ 22.7%€0.1mwithin the sector's middle half▲ 68.6%€0.07mwithin the sector's middle half▼ 26.8%€0.08mwithin the sector's middle half▲ 14.4%€0.05mwithin the sector's middle half▼ 38.2%
Equity€0.4m-€0.5m▲ 10.9%€0.5mwithin the sector's middle half▲ 10.0%€0.4mwithin the sector's middle half▼ 22.4%€0.5mwithin the sector's middle half▲ 24.3%€0.4mwithin the sector's middle half▼ 11.2%€0.5mwithin the sector's middle half▲ 18.4%€0.6mwithin the sector's middle half▲ 9.6%
Total assets€1.5m-€1.5m▲ 2.6%€1.3mwithin the sector's middle half▼ 16.0%€1.3mwithin the sector's middle half▲ 4.4%€1.2mwithin the sector's middle half▼ 10.1%€1.2mwithin the sector's middle half▲ 4.0%€1.2mwithin the sector's middle half▼ 0.4%€1.2mwithin the sector's middle half▼ 2.0%
Debt€1.1m-€1.0m▼ 0.6%€0.8m▼ 27.6%€0.9m▲ 22.5%€0.7m▼ 24.9%€0.8m▲ 14.8%€0.7m▼ 10.7%€0.6m▼ 10.4%
Working capital€0.4m-€0.4m▲ 7.7%€0.4mwithin the sector's middle half▲ 4.6%€0.3mwithin the sector's middle half▼ 31.1%€0.3mwithin the sector's middle half▲ 6.4%€0.2mwithin the sector's middle half▼ 47.1%€0.2mwithin the sector's middle half▲ 46.4%€0.3mwithin the sector's middle half▲ 10.4%
Solvency28.6%-30.9%▲ 2.3pp40.4%within the sector's middle half▲ 9.6pp30.0%within the sector's middle half▼ 10.4pp41.5%within the sector's middle half▲ 11.5pp35.5%within the sector's middle half▼ 6.1pp42.1%within the sector's middle half▲ 6.7pp47.1%within the sector's middle half▲ 5.0pp
Current ratio1.71-1.71=2.85within the sector's middle half▲ 1.141.64within the sector's middle half▼ 1.212.05within the sector's middle half▲ 0.411.36within the sector's middle half▼ 0.691.56within the sector's middle half▲ 0.211.66within the sector's middle half▲ 0.10
Return on assets (ROA)5.0%-3.0%▼ 2.0pp3.7%within the sector's middle half▲ 0.7pp4.3%within the sector's middle half▲ 0.6pp8.1%within the sector's middle half▲ 3.8pp5.7%within the sector's middle half▼ 2.4pp6.6%within the sector's middle half▲ 0.8pp4.1%within the sector's middle half▼ 2.4pp
Staff (FTE)3-4.2▲ 40.0%5.3within the sector's middle half▲ 26.2%3.8within the sector's middle half▼ 28.3%3.6within the sector's middle half▼ 5.3%3.1within the sector's middle half▼ 13.9%3.4within the sector's middle half▲ 9.7%2.4within the sector's middle half▼ 29.4%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €520,184 ▼ 4.5%
Current assets €691,354 =
Equity and liabilities €1.2m
Equity €571,084 ▲ 9.6%
Debt €640,453 ▼ 10.4%
Debt's share of the balance-sheet total falls from 57.9% to 52.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€161,676▼
2024 · €201,661
Cash flow
€107,142▼
2024 · €135,670
Quick ratio
1.01▼
2024 · 1.10
Debt to equity
1.12▼
2024 · 1.37
ROE
8.8%▼
2024 · 15.5%
Interest coverage
4.58▼
2024 · 5.89
Debt ≤ 1 year
€415,859▼
2024 · €442,151
Debt > 1 year
€203,577▼
2024 · €252,398
Income taxes
€20,058▼
2024 · €34,049
Staff costs
€85,728▼
2024 · €123,963
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as AUTOMECANO: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €922,000 and €1.5m, founded between 1983 and 1994.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
AUTOMECANO Oostende1990€1.2m€0.6m€0.3m€0.05m2.42025
ALL CAR PAINTS Bilzen-Hoeselt1988€1.5m€1.3m€0.3m€0.07m2.52025
KW Parts Kortrijk1994€1.5m€1.4m€0.3m€0.05m42025
Etablissementen Grauwen Tongeren-Borgloon1991€1.2m€0.7m€0.2m€0.008m3.22025
A. WIJNANT Geraardsbergen1989€0.9m€0.7m€0.2m€0.1m22025
De campingwinkel Lille1984€1.5m€0.8m€0.3m€0.07m2.92025
GARNIER Sprimont1983€1.2m€0.6m€0.2m€0.07m2.72024

They were chosen from the 712 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 17,041 companies had the same profile as AUTOMECANO has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AUTOMECANO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for AUTOMECANO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2025 · 1 entry · €2,850 awarded
Schemes
1 entry · €2,850 · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▼
Fixed assets21/28€0.5m€0.5m▼
Tangible fixed assets22/27€0.5m€0.5m▼
Land and buildings22€0.5m€0.4m▼
Plant, machinery and equipment23€0.04m€0.02m▼
Furniture and vehicles24€0.05m€0.06m▲
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.7m€0.7m=
Stocks and contracts in progress3€0.2m€0.3m▲
Stocks30/36€0.2m€0.3m▲
Amounts receivable within one year40/41€0.2m€0.1m▼
Trade receivables40€0.2m€0.1m▼
Other amounts receivable41€0.01m€0.02m▲
Current investments50/53€0.1m€0.05m▼
Cash at bank and in hand54/58€0.2m€0.2m▲
Deferred charges and accrued income490/1€0.02m€0.01m▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▼
Equity10/15€0.5m€0.6m▲
Contributions10/11€0.04m€0.04m=
Reserves13€0.5m€0.5m▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€246€246=
Distributable reserves133€0.5m€0.5m▲
Profit (loss) carried forward14€0-
Amounts payable17/49€0.7m€0.6m▼
Amounts payable after more than one year17€0.3m€0.2m▼
Financial debts170/4€0.3m€0.2m▼
Amounts payable within one year42/48€0.4m€0.4m▼
Current portion of amounts payable after more than one year42€0.06m€0.05m▼
Trade debts44€0.04m€0.06m▲
Suppliers440/4€0.04m€0.06m▲
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.01m€0.007m▼
Remuneration and social security454/9€0.02m€0.01m▼
Other amounts payable47/48€0.3m€0.3m▼
Accrued charges and deferred income492/3€0.02m€0.02m▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0.1m€0.09m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.06m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€0.02m€0.02m▲
Non-recurring operating charges66A€187€0.004m▲
Gross operating margin9900€0.3m€0.3m▼
Operating profit (loss)9901€0.1m€0.1m▼
Financial income75/76B€0.002m€0.001m▼
Recurring financial income75€0.002m€0.001m▼
Financial charges65/66B€0.03m€0.04m▲
Recurring financial charges65€0.03m€0.04m▲
Profit (loss) for the period before taxes9903€0.1m€0.07m▼
Income taxes67/77€0.03m€0.02m▼
Profit (loss) for the period9904€0.08m€0.05m▼
Profit (loss) for the period to be appropriated9905€0.08m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.08m€0.05m▼
Transfer from equity791/2€0-
Transfer to equity691/2€0.08m€0.05m▼
To the legal reserve6920€0-
To other reserves6921€0.08m€0.05m▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance sheet
Average headcount (FTE)90873.42.4▼

The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€866€0--
Remuneration, social security and pensions62---€101,922€114,771€106,785€123,963€85,728▼ 30.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,783€54,277€74,991€44,533€35,348€47,498€54,693€57,066▲ 4.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8-----€4,158---
Other operating charges640/8---€15,516€17,856€17,463€18,560€20,921▲ 12.7%
Non-recurring operating charges66A------€187€3,733▲ 20×
Gross operating margin9900€288,007€288,261€249,414€264,162€324,344€298,892€344,372€272,058▼ 21.0%
Operating profit (loss)9901€122,854€81,890€38,274€102,191€156,369€122,988€146,969€104,610▼ 28.8%
Financial income75/76B---€972€1,519€1,815€2,291€797▼ 65.2%
Recurring financial income75€1,481€5,378€59,999€972€1,519€1,815€2,291€797▼ 65.2%
Financial charges65/66B---€22,635€23,950€24,844€34,233€35,274▲ 3.0%
Recurring financial charges65€21,615€22,887€25,567€22,635€23,950€24,844€34,233€35,274▲ 3.0%
Profit (loss) for the period before taxes9903€102,720€64,381€72,706€80,528€133,938€99,959€115,027€70,134▼ 39.0%
Income taxes67/77€28,864€18,561€25,940€23,136€37,194€29,176€34,049€20,058▼ 41.1%
Profit (loss) for the period9904€73,856€45,820€46,766€57,391€96,745€70,783€80,977€50,076▼ 38.2%
Profit (loss) for the period to be appropriated9905€73,856€45,820€84,266€57,391€96,745€70,783€80,977€50,076▼ 38.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€1.3m€1.3m€1.2m€1.2m€1.2m€1.2m▼ 2.0%
Fixed assets21/28€0.5m€0.5m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 4.5%
Intangible fixed assets21€0.01m€0.01m€0.005m------
Tangible fixed assets22/27€0.5m€0.5m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 4.5%
Land and buildings22---€0.5m€0.5m€0.5m€0.5m€0.4m▼ 6.2%
Plant, machinery and equipment23---€0.01m€0.05m€0.05m€0.04m€0.02m▼ 35.5%
Furniture and vehicles24---€0.005m€0.003m€0.06m€0.05m€0.06m▲ 37.6%
Financial fixed assets28€250€250€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.9m€1.0m€0.7m€0.8m€0.6m€0.6m€0.7m€0.7m=
Stocks and contracts in progress3€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m€0.3m▲ 31.4%
Stocks30/36---€0.2m€0.2m€0.2m€0.2m€0.3m▲ 31.4%
Amounts receivable within one year40/41€0.1m€0.2m€0.1m€0.1m€0.2m€0.1m€0.2m€0.1m▼ 14.6%
Trade receivables40---€0.1m€0.1m€0.1m€0.2m€0.1m▼ 18.8%
Other amounts receivable41---€0.002m€0.01m€0.02m€0.01m€0.02m▲ 35.6%
Current investments50/53€0.5m€0.6m€0.2m€0.2m€0.1m€0.1m€0.1m€0.05m▼ 56.9%
Cash at bank and in hand54/58€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 14.1%
Deferred charges and accrued income490/1---€0.01m€0.01m€0.02m€0.02m€0.01m▼ 7.9%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.3m€1.3m€1.2m€1.2m€1.2m€1.2m▼ 2.0%
Equity10/15€0.4m€0.5m€0.5m€0.4m€0.5m€0.4m€0.5m€0.6m▲ 9.6%
Contributions10/11€0.04m€0.04m-€0.04m€0.04m€0.04m€0.04m€0.04m=
Reserves13€0.4m€0.4m€0.5m€0.4m€0.5m€0.4m€0.5m€0.5m▲ 10.4%
Non-distributable reserves130/1---€0.004m€0.004m€0.004m€0--
Reserves not available under the articles1311---€0.004m€0.004m€0.004m€0--
Tax-exempt reserves132---€246€246€246€246€246=
Distributable reserves133---€0.4m€0.4m€0.4m€0.5m€0.5m▲ 10.4%
Profit (loss) carried forward14------€0--
Amounts payable17/49€1.1m€1.0m€0.8m€0.9m€0.7m€0.8m€0.7m€0.6m▼ 10.4%
Amounts payable after more than one year17€0.5m€0.4m€0.5m€0.5m€0.4m€0.3m€0.3m€0.2m▼ 19.3%
Financial debts170/4---€0.5m€0.4m€0.3m€0.3m€0.2m▼ 19.3%
Amounts payable within one year42/48€0.6m€0.6m€0.2m€0.5m€0.3m€0.5m€0.4m€0.4m▼ 5.9%
Current portion of amounts payable after more than one year42---€0.07m€0.07m€0.07m€0.06m€0.05m▼ 22.3%
Trade debts44€0.05m€0.06m€0.05m€0.1m€0.09m€0.08m€0.04m€0.06m▲ 35.5%
Suppliers440/4---€0.1m€0.09m€0.08m€0.04m€0.06m▲ 35.5%
Advances received on contracts in progress46---€200-----
Taxes, remuneration and social security45---€0.03m€0.02m€0.03m€0.03m€0.02m▼ 35.5%
Taxes450/3---€0.02m€0.004m€0.02m€0.01m€0.007m▼ 50.2%
Remuneration and social security454/9---€0.01m€0.02m€0.02m€0.02m€0.01m▼ 22.8%
Other amounts payable47/48---€0.3m€0.1m€0.3m€0.3m€0.3m▼ 5.3%
Accrued charges and deferred income492/3---€0.004m€0.005m€0.01m€0.02m€0.02m▲ 1.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€73,856€45,820€46,766€57,391€96,745€70,783€80,977€50,076▼ 38.2%
+ Depreciation and write-downs630€62,783€54,277€74,991€44,533€35,348€47,498€54,693€57,066▲ 4.3%
Operating cash flow (approximation)€136,639€100,097€121,757€101,924€132,093€118,281€135,670€107,142▼ 21.0%
Investment in fixed assets (approximation)--€21,858-€168,763-€1,379-€46,616-€80,039-€4,296-€32,682▼ 661%
Change in cash--€32,223€92,285€1,267-€49,073-€7,571€9,072€26,285▲ 190%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00488748 NBB
31-12-2024 abbreviated format 28-08-2025 2025-00439090 PDF
31-12-2023 abbreviated format 29-08-2024 2024-00416983 PDF
31-12-2022 abbreviated format 20-07-2023 2023-00266671 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20410150 PDF
31-12-2020 abbreviated format 05-07-2021 2021-31100345 PDF
31-12-2019 abbreviated format 09-07-2020 2020-28000313 PDF
31-12-2018 abbreviated format 05-07-2019 2019-29200354 PDF
31-12-2017 abbreviated format 12-07-2018 2018-32000063 PDF
31-12-2016 abbreviated format 31-08-2017 2017-54400310 PDF

Show all 35 filings

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