Autos Express
ActiveThe computed 12-month bankruptcy probability of Autos Express is 2.8% (moderate). The 2024 annual accounts show equity of €16k and a net result of €14k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 26056 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent▲ +41 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100▲+100
Solvency35=
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 6.93 against 3.08 in 2022), but 96.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
3.2%
Return on assets
2.8%
Age of the figures
23 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 26056 sector peers (2024).
NBB · sector comparisonPosition among 26056 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 136 days later.
NBB · 3 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline13-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
on the day
2022
40 d early
2020
34 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€16k▲ 160%
2022 · €6k
2020: €8k
2022: €6k
2020 → 2024
Total assets
€496k▲ 55.6%
2022 · €319k
2020: €185k
2022: €319k
2020 → 2024
Net result
€14k
2022 · €-6k
2020: €15k
2022: €-6k
2020 → 2024
Working capital
€424k▲ 102%
2022 · €209k
2020: €91k
2022: €209k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020222024Trend
Equity€8k-€6k▼ 20.1%€16k▲ 160%
Operating result€21k-€4k▼ 82.2%€35k▲ 847%
Net result€15k-€-6k€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 847% above 2022 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €496k
Fixed assets
€495▼ 94.2%
Current assets
€495k▲ 59.8%
Equity and liabilities €496k
Equity
€16k▲ 160%
Provisions
€24k▲ 306%
Debt
€456k▲ 48.7%
The debt ratio falls from 96.2% to 91.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€35k▲
2022 · €13k
Cash flow
€14k▲
2022 · €4k
Solvency
3.2%▲
2022 · 1.9%
Current ratio
6.93▲
2022 · 3.08
Quick ratio
2.62▲
2022 · 0.37
Debt / equity
28.95▼
2022 · 50.54
ROE
87.7%▲
2022 · -92.9%
ROA
2.8%▲
2022 · -1.8%
Interest coverage
1.86▲
2022 · 1.80
Debt
€456k▲
2022 · €306k
Debt ≤ 1 year
€71k▼
2022 · €101k
Debt > 1 year
€339k▲
2022 · €198k
Income taxes
€2k▲
2022 · €2k
Staff costs
€14k▼
2022 · €19k
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 2022
Balance sheet
Code20222024
Assets
Total assets20/58€319k€496k▲
Fixed assets21/28€9k€495▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€9k€495▼
Land and buildings22€2k€0▼
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€4k€495▼
Current assets29/58€310k€495k▲
Stocks and contracts in progress3€273k€308k▲
Stocks30/36€270k€308k▲
Contracts in progress37€3k-
Amounts receivable within one year40/41€29k€36k▲
Trade receivables40€28k€35k▲
Other amounts receivable41€1k€842▼
Cash at bank and in hand54/58€6k€149k▲
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€319k€496k▲
Equity10/15€6k€16k▲
Contributions10/11€5k€5k=
Capital10-€5k
Issued capital100-€5k
Reserves13€6k€11k▲
Non-distributable reserves130/1€500€500=
Legal reserve130-€500
Reserves not available under the articles1311€500-
Distributable reserves133€5k€10k▲
Profit (loss) carried forward14€-4k€241▲
Provisions and deferred taxes16€6k€24k▲
Provisions for liabilities and charges160/5€6k€24k▲
Other liabilities and charges164/5€6k€24k▲
Amounts payable17/49€306k€456k▲
Amounts payable after more than one year17€198k€339k▲
Financial debts170/4€198k€339k▲
Amounts payable within one year42/48€101k€71k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€62k€20k▼
Suppliers440/4€62k€20k▼
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€8k€8k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€17k€38k▲
Accrued charges and deferred income492/3€7k€45k▲
Income statement
Code20222024
Remuneration, social security and pensions62€19k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€228▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€18k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€34k€71k▲
Operating profit (loss)9901€4k€35k▲
Financial income75/76B€31€2▼
Recurring financial income75€31€2▼
Financial charges65/66B€7k€19k▲
Recurring financial charges65€7k€19k▲
Profit (loss) for the period before taxes9903€-4k€16k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€-6k€14k▲
Profit (loss) for the period to be appropriated9905€-6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€5k▲
Profit (loss) brought forward from the previous period14P€1k€-9k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 6.93
Current ratio from 3.08 to 6.93; short-term debt falls from €101k to €71k.
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-6k ▼139%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ledegem · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Provinciebaan 838880 LedegemGround area
2,447 m²
Building footprint
269 m²
Volume, LiDAR
1,079 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Autos Express
since 20202.306.205.682
Autos Express
since 20222.338.973.668
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C0746/00T000 | Flanders | 1,473 m² | 1 · 205 m² | 5.0 m · 1 fl. |
| 36010B0086/00Z000 | Flanders | 974 m² | 1 · 64 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,620 companies in sector 47811 we hold annual accounts for 5,193. 2,458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2020
Fiscal year end30-09
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.autoexpressbelgium.be
E-mail:auto.express@telenet.be