Equity
Equity fell by 73% in 6 years.
Equity fell by 73% in 6 years.
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Between 2008 and 2025, 64% of the full-time equivalents disappeared.
AUTOMOTIVE CONTRACTORS pays its suppliers 45 days earlier than in 2024.
Five of the last ten came late. The 2016 accounts came latest: 24 days after the end of the period.
The dashed line is the sector median: 0.4% across 596 companies (NACE 52, small).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small). It does better than 70% of them on solvency, 83% on liquidity, 38% on profitability and 45% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 8,617 companies had the same profile as AUTOMOTIVE CONTRACTORS has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AUTOMOTIVE CONTRACTORS itself is higher: 0.8% within 12 months. It rests on far more data about AUTOMOTIVE CONTRACTORS than the profile alone.
The method was tested on the 497,447 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.
| 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 8,617 companies, not a prediction for AUTOMOTIVE CONTRACTORS. 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.
Liquidity is tight, with a current ratio of 1.17 (1.11 in 2024), below the usual 1.5. Short-term debt is 39.4% of total assets. 47.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AUTOMOTIVE CONTRACTORS Antwerp | €3.3m | -2.0% | 52.1% | 27.4 |
| INFORMATION TECHNOLOGY GROUP Ghent | €3.1m | 0.7% | 7.0% | 28.1 |
| RIGA TERMINALS Antwerp | - | - | 0.8% | 25.7 |
| VAN MOER BRUSSELS Brussels | €5.0m | -2.0% | 13.5% | 7.6 |
| Stevedoring & Trading Company Brabo Antwerp | - | - | 85.0% | 7.4 |
| D.D. SHIPPING Puurs-Sint-Amands | €4.3m | -3.8% | 39.3% | 8.6 |
| NOVA NATIE Antwerp | €9.2m | 7.7% | 27.8% | 14.3 |
Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AUTOMOTIVE CONTRACTORS: warehousing and support activities for transportation (NACE 52241). They are comparable in size and age: total assets between €740,000 and €16m, founded between 1907 and 1988.
AUTOMOTIVE CONTRACTORS has existed since 1933. Turnover fell from €4.3m in 2008 to €98,867 in 2009 and staff from 76.5 to 0.9 full-time equivalents.
Turnover has grown every year since 2022. Solvency rose in 2025 from 46.4% to 52.1% because of lower debts.
Katoen Natie International S.A. holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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