AUTOMOTIVE GROUP
ActiveSummary
AUTOMOTIVE GROUP has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €295,222. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 63% of 5,017 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€29.1mturnover 2025
- Staff
- 30.4 FTE
- Equity
- €3.8m
- Profit
- €295,222
Structure
- Parent
- N & J INVEST · 99.75%
- Holdings
- 1
- Julien DuranDirector
- N & J INVESTDirector
- QARDEADirector
2025 accounts filed 59 days late1 of 8 deeds summarised
Why 86raises riskLast filed accounts filed 59 days late; 3 of the last 3 latelowers riskFounded in 2002Size: turnover €29.1m, 30.4 FTE, total assets €7.9mEquity €3.8m (48.0% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency
73+7
equity 48.0% of total assets
Liquidity
40-1
short-term debt 46.3% · cash 9.8%
Profitability
59-7
return on assets 3.7%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● unchanged vs 11-2024
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025
09-2025: 2.2%▲ +0.4 percentage points vs 08-2025
10-2025: 2.8%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -2.7 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.78, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 46.3% and cash: 9.8% of total assets), but 52% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 70% on solvency, 44% on liquidity, 40% on profitability and 36% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
59 days late
2024
90 days late
2023
61 days late
2022
21 days early
2021
27 days early
2020
8 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 September (4 of the last 5 filed years within 80 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2018 to 2025net €754,956 ▲1,144%
Financials · financial year 2025, full format
2025 annual accounts filed late (59 days) Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00531925.
Turnover
€29.1m▼ 16.8%
2024 · €34.9m
EBIT margin
1.7%▼ 2.0pp
2024 · 3.7%
Net result
€295,222▼ 60.9%
2024 · €754,956
Working capital
€2.9m▲ 9.9%
2024 · €2.6m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 62% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€29.1m
2025
Operating result€0.5m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.9m
2025
Equity€3.8m
2025
Debt€4.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€2.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.7%
2025
Return on assets (ROA)3.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency48.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.78
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)30.4
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€31.5m-€32.6m▲ 3.5%€30.4m▼ 7.0%€27.8m▼ 8.6%€28.7m▲ 3.4%€38.1m▲ 32.7%€34.9m▼ 8.3%€29.1m▼ 16.8%
Operating result€0.6m-€0.3m▼ 47.5%€0.2m▼ 20.7%€0.4m▲ 87.8%€0.4m▼ 14.2%€0.2m▼ 37.7%€1.3m▲ 450%€0.5m▼ 61.8%
Net result€0.3m-€0.1m▼ 60.0%€0.1mabove the sector's middle half▼ 0.6%€0.3mabove the sector's middle half▲ 115%€0.2mabove the sector's middle half▼ 13.0%€0.06mwithin the sector's middle half▼ 75.0%€0.8mabove the sector's middle half▲ 12×€0.3mabove the sector's middle half▼ 60.9%
EBIT margin1.8%-0.9%▼ 0.9pp0.8%▼ 0.1pp1.6%▲ 0.8pp1.3%▼ 0.3pp0.6%▼ 0.7pp3.7%▲ 3.1pp1.7%▼ 2.0pp
Equity€1.9m-€2.0m▲ 6.8%€2.2mabove the sector's middle half▲ 6.4%€2.5mabove the sector's middle half▲ 12.9%€2.7mabove the sector's middle half▲ 9.9%€2.8mabove the sector's middle half▲ 2.3%€3.5mabove the sector's middle half▲ 27.4%€3.8mabove the sector's middle half▲ 8.4%
Total assets€11.8m-€11.0m▼ 6.5%€10.5mabove the sector's middle half▼ 5.0%€7.7mabove the sector's middle half▼ 26.0%€9.1mabove the sector's middle half▲ 17.6%€17.3mabove the sector's middle half▲ 90.8%€8.6mabove the sector's middle half▼ 50.7%€7.9mabove the sector's middle half▼ 7.4%
Debt€9.9m-€9.0m▼ 9.1%€8.3m▼ 7.5%€5.3m▼ 36.2%€6.4m▲ 21.1%€14.6m▲ 128%€5.0m▼ 65.4%€4.1m▼ 18.4%
Working capital€0.9m-€1.3m▲ 37.2%€1.5mabove the sector's middle half▲ 12.6%€1.7mabove the sector's middle half▲ 18.5%€1.9mabove the sector's middle half▲ 8.0%€2.0mabove the sector's middle half▲ 7.3%€2.6mabove the sector's middle half▲ 30.0%€2.9mabove the sector's middle half▲ 9.9%
Solvency16.2%-18.6%▲ 2.3pp20.8%within the sector's middle half▲ 2.2pp31.7%within the sector's middle half▲ 10.9pp29.6%within the sector's middle half▼ 2.1pp15.9%within the sector's middle half▼ 13.8pp41.0%within the sector's middle half▲ 25.1pp48.0%within the sector's middle half▲ 7.0pp
Current ratio1.11-1.16▲ 0.061.20within the sector's middle half▲ 0.031.37within the sector's middle half▲ 0.181.32within the sector's middle half▼ 0.061.14within the sector's middle half▼ 0.171.57within the sector's middle half▲ 0.421.78within the sector's middle half▲ 0.21
Return on assets (ROA)2.8%-1.2%▼ 1.6pp1.2%within the sector's middle half▲ 0.1pp3.6%within the sector's middle half▲ 2.4pp2.7%within the sector's middle half▼ 0.9pp0.3%within the sector's middle half▼ 2.3pp8.8%within the sector's middle half▲ 8.5pp3.7%within the sector's middle half▼ 5.1pp
Staff (FTE)23.1-24.5▲ 6.1%25.1above the sector's middle half▲ 2.4%26.3above the sector's middle half▲ 4.8%26above the sector's middle half▼ 1.1%26.5above the sector's middle half▲ 1.9%31.4above the sector's middle half▲ 18.5%30.4above the sector's middle half▼ 3.2%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.9m
Fixed assets
€1.4m ▲ 1.8%
Current assets
€6.5m ▼ 9.2%
Equity and liabilities €7.9m
Equity
€3.8m ▲ 8.4%
Debt
€4.1m ▼ 18.4%
Debt's share of the balance-sheet total falls from 59.0% to 52.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€736,062▼
2024 · €1.5m
Cash flow
€540,316▼
2024 · €999,354
Quick ratio
0.89▲
2024 · 0.61
Debt to equity
1.08▼
2024 · 1.44
ROE
7.8%▼
2024 · 21.5%
Interest coverage
10.30▲
2024 · 6.67
Debt ≤ 1 year
€3.7m▼
2024 · €4.6m
Debt > 1 year
€447,409▼
2024 · €464,405
Income taxes
€122,143▼
2024 · €293,630
Staff costs
€2.1m▼
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96.1%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €31.8m | €31.6m | €41.6m | €38.8m | €30.9m | ▼ 20.4% |
| Turnover70 | €31.5m | €32.6m | €30.4m | €27.8m | €28.7m | €38.1m | €34.9m | €29.1m | ▼ 16.8% |
| Other operating income74 | - | - | - | €4.1m | €2.9m | €3.5m | €3.9m | €1.8m | ▼ 52.9% |
| Non-recurring operating income76A | - | - | - | - | - | €0.02m | €0.004m | - | - |
| Operating charges60/66A | - | - | - | €31.4m | €31.2m | €41.4m | €37.5m | €30.4m | ▼ 19.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | €28.1m | €27.4m | €36.6m | €32.5m | €25.6m | ▼ 21.5% |
| Purchases600/8 | - | - | - | €25.9m | €28.2m | €43.3m | €25.5m | €24.5m | ▼ 4.0% |
| Change in stocks: decrease (increase)609 | - | - | - | €2.1m | -€0.8m | -€6.7m | €7.0m | €1.1m | ▼ 84.6% |
| Services and other goods61 | - | - | - | €1.5m | €1.8m | €2.5m | €2.6m | €2.3m | ▼ 10.8% |
| Remuneration, social security and pensions62 | - | - | - | €1.6m | €1.7m | €2.0m | €2.2m | €2.1m | ▼ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.04m | -€0.003m | €0.02m | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.06m | €0.06m | €0.06m | €0.09m | ▲ 49.4% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.001m | - | €0.08m | - |
| Operating profit (loss)9901 | €0.6m | €0.3m | €0.2m | €0.4m | €0.4m | €0.2m | €1.3m | €0.5m | ▼ 61.8% |
| Financial income75/76B | - | - | - | €0.006m | €0.007m | €0.01m | €0.006m | €0.01m | ▲ 102% |
| Recurring financial income75 | €0.009m | €0.008m | €0.008m | €0.006m | €0.007m | €0.01m | €0.006m | €0.01m | ▲ 102% |
| Income from current assets751 | - | - | - | €0.005m | €0.007m | €0.001m | €0.003m | €0.009m | ▲ 263% |
| Other financial income752/9 | - | - | - | €336 | €323 | €0.01m | €0.003m | €0.002m | ▼ 30.8% |
| Financial charges65/66B | - | - | - | €0.05m | €0.05m | €0.2m | €0.2m | €0.08m | ▼ 64.9% |
| Recurring financial charges65 | €0.09m | €0.1m | €0.05m | €0.05m | €0.05m | €0.2m | €0.2m | €0.08m | ▼ 64.4% |
| Debt charges650 | €0.08m | €0.09m | €0.05m | €0.03m | €0.04m | €0.1m | €0.2m | €0.07m | ▼ 68.9% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.008m | €0.03m | €0.009m | €0.01m | ▲ 50.6% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.003m | - | - |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.2m | €0.2m | €0.4m | €0.3m | €0.09m | €1.0m | €0.4m | ▼ 60.2% |
| Income taxes67/77 | €0.2m | €0.07m | €0.06m | €0.1m | €0.09m | €0.03m | €0.3m | €0.1m | ▼ 58.4% |
| Taxes670/3 | - | - | - | €0.1m | €0.1m | €0.03m | €0.3m | €0.1m | ▼ 58.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.006m | - | - | - | - |
| Profit (loss) for the period9904 | €0.3m | €0.1m | €0.1m | €0.3m | €0.2m | €0.06m | €0.8m | €0.3m | ▼ 60.9% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €0.1m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.1m | €0.1m | €0.3m | €0.2m | €0.06m | €0.6m | €0.3m | ▼ 54.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.8m | €11.0m | €10.5m | €7.7m | €9.1m | €17.3m | €8.6m | €7.9m | ▼ 7.4% |
| Fixed assets21/28 | €1.9m | €1.7m | €1.5m | €1.4m | €1.4m | €1.3m | €1.4m | €1.4m | ▲ 1.8% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.008m | €0.004m | €0.001m | €43 | - | - | - |
| Tangible fixed assets22/27 | €1.9m | €1.7m | €1.5m | €1.4m | €1.3m | €1.2m | €1.3m | €1.3m | ▲ 2.0% |
| Land and buildings22 | - | - | - | €1.1m | €1.0m | €0.9m | €0.9m | €0.9m | ▼ 5.5% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | ▲ 64.2% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.04m | ▼ 62.0% |
| Leasing and similar rights25 | - | - | - | €0.004m | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Affiliated companies280/1 | - | - | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Participating interests280 | - | - | - | - | - | €0.05m | €0.05m | €0.05m | = |
| Amounts receivable281 | - | - | - | - | - | €0.05m | €0.05m | €0.05m | = |
| Current assets29/58 | €9.8m | €9.3m | €8.9m | €6.3m | €7.7m | €16.0m | €7.2m | €6.5m | ▼ 9.2% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €0.008m | €0.006m | ▼ 25.0% |
| Other amounts receivable291 | - | - | - | - | - | - | €0.008m | €0.006m | ▼ 25.0% |
| Stocks and contracts in progress3 | €7.0m | €5.6m | €6.0m | €3.9m | €4.7m | €11.4m | €4.4m | €3.3m | ▼ 25.6% |
| Stocks30/36 | - | - | - | €3.9m | €4.7m | €11.4m | €4.4m | €3.3m | ▼ 25.6% |
| Goods purchased for resale34 | - | - | - | €3.9m | €4.7m | €11.4m | €4.4m | €3.3m | ▼ 25.6% |
| Amounts receivable within one year40/41 | €2.8m | €3.5m | €2.3m | €1.9m | €2.6m | €4.2m | €1.6m | €2.5m | ▲ 58.9% |
| Trade receivables40 | - | - | - | €0.8m | €2.1m | €2.6m | €1.2m | €1.9m | ▲ 55.4% |
| Other amounts receivable41 | - | - | - | €1.1m | €0.5m | €1.5m | €0.4m | €0.6m | ▲ 70.6% |
| Cash at bank and in hand54/58 | €0.04m | €0.2m | €0.5m | €0.5m | €0.4m | €0.5m | €1.2m | €0.8m | ▼ 37.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | ▲ 10.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.8m | €11.0m | €10.5m | €7.7m | €9.1m | €17.3m | €8.6m | €7.9m | ▼ 7.4% |
| Equity10/15 | €1.9m | €2.0m | €2.2m | €2.5m | €2.7m | €2.8m | €3.5m | €3.8m | ▲ 8.4% |
| Contributions10/11 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Capital10 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Issued capital100 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €1.8m | €1.9m | €2.0m | €2.3m | €2.6m | €2.6m | €3.4m | €3.7m | ▲ 8.8% |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Tax-exempt reserves132 | - | - | - | - | - | - | €0.1m | €0.1m | = |
| Distributable reserves133 | - | - | - | €2.3m | €2.6m | €2.6m | €3.3m | €3.6m | ▲ 9.1% |
| Profit (loss) carried forward14 | €0.004m | €0.01m | €0.04m | €0.02m | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 17.6% |
| Amounts payable17/49 | €9.9m | €9.0m | €8.3m | €5.3m | €6.4m | €14.6m | €5.0m | €4.1m | ▼ 18.4% |
| Amounts payable after more than one year17 | €1.0m | €1.0m | €0.8m | €0.7m | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 3.7% |
| Financial debts170/4 | - | - | - | €0.7m | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 3.7% |
| Credit institutions173 | - | - | - | €0.7m | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 3.7% |
| Other loans174 | - | - | - | - | - | €0.05m | - | - | - |
| Other amounts payable178/9 | - | - | - | €365 | €101 | - | - | - | - |
| Amounts payable within one year42/48 | €8.9m | €8.0m | €7.5m | €4.6m | €5.9m | €14.0m | €4.6m | €3.7m | ▼ 20.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 37.8% |
| Financial debts43 | - | - | - | €0.7m | €0.4m | €0.3m | €0.3m | €0.1m | ▼ 69.9% |
| Credit institutions430/8 | - | - | - | €0.7m | €0.4m | €0.3m | €0.3m | €0.1m | ▼ 69.9% |
| Trade debts44 | €7.5m | €6.8m | €6.3m | €3.6m | €4.8m | €13.3m | €3.7m | €3.0m | ▼ 18.7% |
| Suppliers440/4 | - | - | - | €3.6m | €4.8m | €13.3m | €3.7m | €3.0m | ▼ 18.7% |
| Advances received on contracts in progress46 | - | - | - | - | €0.3m | €0.06m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.2m | €0.5m | €0.4m | ▼ 3.6% |
| Taxes450/3 | - | - | - | €0.04m | €0.08m | €0.002m | €0.2m | €0.2m | ▼ 6.7% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.8% |
| Other amounts payable47/48 | - | - | - | - | - | €0.1m | €0.03m | €0.001m | ▼ 96.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.1m | - | €0.005m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €326,434 | €130,698 | €129,949 | €279,247 | €243,078 | €60,676 | €754,956 | €295,222 | ▼ 60.9% |
| + Depreciation and write-downs630 | €384,340 | €403,924 | €371,294 | €280,714 | €241,046 | €228,431 | €244,399 | €245,094 | ▲ 0.3% |
| Operating cash flow (approximation) | €710,774 | €534,622 | €501,244 | €559,960 | €484,124 | €289,107 | €999,354 | €540,316 | ▼ 45.9% |
| Investment in fixed assets (approximation) | - | -€176,367 | -€197,030 | -€136,452 | -€192,086 | -€197,349 | -€298,811 | -€270,078 | ▲ 9.6% |
| Change in cash | - | €117,450 | €328,875 | €14,498 | -€93,783 | €51,563 | €770,398 | -€456,544 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 28-09-2026 | 2026-00531925 |
| 31-12-2024 | full format | 29-10-2025 | 2025-00554802 |
| 31-12-2023 | full format | 30-09-2024 | 2024-00498624 |
| 31-12-2022 | full format | 10-07-2023 | 2023-00220219 |
| 31-12-2021 | full format | 04-07-2022 | 2022-20124905 |
| 31-12-2020 | full format | 23-07-2021 | 2021-39700444 |
| 31-12-2019 | full format | 27-07-2020 | 2020-35300395 |
| 31-12-2018 | full format | 19-07-2019 | 2019-35400167 |
| 31-12-2017 | full format | 26-07-2018 | 2018-38800517 |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34100467 |
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Of the 10,462 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,295. 1,763 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €2,752 awarded · €2,810 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,826 | €1,826 |
| 2024 | 1 | €671 | €671 |
| 2023 | 1 | €0 | €58 |
| 2022 | 1 | €255 | €255 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
under verification, last change in 2024
This board is reconstructed from a single act (24339180). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Julien Duran
CurrentDirector · since 24-01-2024
N & J INVEST
CurrentDirector · since 24-01-2024 · Legal entity
QARDEA
CurrentDirector · since 24-01-2024 · Legal entity
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
7 of this company's 8 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2024, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Julien Duran |
|
| N & J INVEST |
|
| QARDEA |
|
Owners and capital
Owners
1 ownerChain of control
- N & J INVEST
- AUTOMOTIVE GROUP
Highest known parent: N & J INVEST. The sources do not say who stands above it.
Owners 1
- N & J INVESTparent99.75%
According to the 2025 annual accounts of AUTOMOTIVE GROUP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 24-01-2024 ↗
- N & J INVEST 718 shares
- QARDEA 80 shares
- Delphine Duran 2 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 24-01-2024 Capital stated in the deed · €80,000 · 800 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
50.5%
According to the 2025 annual accounts of AUTOMOTIVE GROUP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
3 current directorsThe board mandates are listed below; here you explore them as a network.
This company
Company
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Shareholding
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Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
3 locations
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
28-09
NBB filing
Annual accounts filed
financial year 2025 · full format · 59 days late
2025
29-10
NBB filing
Annual accounts filed
financial year 2024 · full format · 90 days late
2024
31-12
Financial
Highest result from 2018 to 2025net €754,956 ▲1,144%
Operating result €1.3m, net result €754,956, both a record.
30-09
NBB filing
Annual accounts filed
financial year 2023 · full format · 61 days late
24-01
Gazette deed
Resignations: N & J INVEST (director) and Julien Duran (director)Appointments: N & J INVEST, Julien Duran and QARDEA · Permanent representatives: Delphine Duran and Emmanuel VAN POUCKE · Capital18 facts ▸
Gazette deed
Resignations: N & J INVEST (director) and Julien Duran (director)
Appointments: N & J INVEST, Julien Duran and QARDEA · Permanent representatives: Delphine Duran and Emmanuel VAN POUCKE · Capital18 facts ▸
- Capital
- Amendment of the articles (2 times)
- Capital, €80,000
- Board meeting, “opdracht aan notaris om coördinatie van statuten op te maken en te ondertekenen en neerlegging in vennootschapsdossier te verzorgen” (deed in Dutch)
- Director resignation, N & J INVEST (director)
- Director appointment, N & J INVEST (director)
- Permanent representative, Delphine Duran
- Director resignation, Julien Duran (director)
- Director appointment, Julien Duran (director)
- Director appointment, QARDEA (director)
- Permanent representative, Emmanuel VAN POUCKE
- Board meeting, “benoeming tot gedelegeerde bestuurders”, yes (deed in Dutch)
- +6 further facts in this act
2023
31-12
Financial
Weakest financial yearnet €60,676 ▼75%
Net result drops to €60,676, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
04-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
23-07
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
27-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial
Equity above €2mequity €2.0m ▲6.8%
A profit in every financial year since 2018 builds equity to €2.0m.
19-07
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
26-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
20-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 23 annual accounts filed, the latest 10 are here; all 23 are under Financials.
1 of 8 deeds read
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Register details
Identification
Legal formPublic limited company
Founded21-06-2002
Financial year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95315Tyre services
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477787653
Also
9925:BE0477787653
Registered
30-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Dual-learning approval
6 live approvalsAutotechnieken duaal (so)
Bandenmonteur (vwo)
Bandenmonteur duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Environmental permits
1 application in Flanders since 2025 · 1 under review
Nieuwbouw of aanleggen
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2002
Ground area
1.0 ha
Building footprint
3,016 m²
Building volume
16,275 m³
Parcel 36503C0650/00B000, Flanders · tallest building 7.7 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AUTOMOTIVE GROUP
since 2002unit no. 2.114.322.064
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36503C0650/00B000 | Flanders | 1.0 ha | 1 · 3,016 m² | 7.7 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “I. Voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die rechtsreeks of onrechtstreeks…” (deed in Dutch)
3 activities (deed in Dutch)
- I. Voor eigen rekening, voor rekening van derden of in deelneming met derden, prestaties te verrichten die rechtsreeks of onrechtstreeks betrekking hebben op:
- II. Voor eigen rekening: het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen.
- III. Voor eigen rekening, voor rekening van derden, of in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid:
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TWEEDE BESLUIT: EXTERNE VERTEGENWOORDIGING De algemene vergadering beslist de vertegenwoordiging van de vennootschap te wijzigen als volgt…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Tot de gewone algemene vergadering in het boekjaar waarin hun mandaat volgens het benoemingsbesluit verstrijkt, tenzij het benoemingsbesluit…” (deed in Dutch)“Behoudens andersluidende overeenkomst, kan de algemene vergadering het mandaat van een bestuurder te allen tijde en zonder opgave van…” (deed in Dutch)“De oproeping geschiedt overeenkomstig artikel 2:32 van het Wetboek van vennootschappen en verenigingen., tenzij hieraan verzaakt wordt door…” (deed in Dutch)“Hetzij een combinatie van de twee voormelde vergadertechnieken., hetzij op afstand door middel van teleconferentie of videoconferentie met…” (deed in Dutch)“De volmacht mag geldig worden verleend door middel van een stuk dat zijn handtekening draagt, met inbegrip van de elektronische…” (deed in Dutch)“Een raad van bestuur kan slechts geldig beraadslagen en beslissen indien ten minste de helft van zijn leden, die volgens de wet aan de…” (deed in Dutch)“Elke beslissing van een raad van bestuur wordt genomen bij gewone meerderheid van stemmen van de aanwezige of vertegenwoordigde bestuurders…” (deed in Dutch)“Een gedelegeerd bestuurder is eveneens bevoegd om de vennootschap te vertegenwoordigen wanneer zij wordt benoemd tot bestuurder of…” (deed in Dutch)2 more provisions on this in the deed
- Board powersWhat the board may decide; in principle everything not reserved to the general meeting.
- “Het bestuursorgaan is bekleed met de meest uitgebreide macht om alle handelingen te verrichten die nodig of dienstig zijn tot…” (deed in Dutch)
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Algemene vergadering, uitsluitend met inachtneming van wettelijke voorschriften inzake wettelijk reservefonds en vaststelling…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 16:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 2 provisions in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien niet alle schuldeisers integraal kunnen worden terugbetaald, legt vereffenaar(s) plan voor verdeling van activa onder verschillende…” (deed in Dutch)