AUTRUCHE
ActiveSummary
AUTRUCHE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289,657 and a net result of -€48,463. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 45% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-10
Solvency64▼-4
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.88 in 2024; short-term debt: 54.3% and cash: 0.2% of total assets), but 61% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
39%
Return on assets
-6.5%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€48,463
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-11-2025, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
9 d early
2023
7 d early
2022
28 d early
2021
114 d early
2020
36 d early
2019
37 d 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 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€289,657▼ 14.3%
2024 · €338,119
Total assets
€742,419▼ 6.5%
2024 · €793,713
Net result
-€48,463▼ 105%
2024 · -€23,646
Working capital
€309,048▼ 11.9%
2024 · €350,632
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,811▼ 32.2%€21,809▼ 47.8%€33,378▲ 53.0%€13,033▼ 61.0%-€11,513
Net result€10,832within the sector's middle half▼ 32.0%€355below the sector's middle half▼ 96.7%-€1,617below the sector's middle half-€23,646below the sector's middle half▼ 1,363%-€48,463below the sector's middle half▼ 105%
Equity€363,027within the sector's middle half▲ 3.1%€363,382within the sector's middle half▲ 0.1%€361,765within the sector's middle half▼ 0.4%€338,119within the sector's middle half▼ 6.5%€289,657within the sector's middle half▼ 14.3%
Total assets€898,679within the sector's middle half▼ 6.6%€873,479within the sector's middle half▼ 2.8%€855,927within the sector's middle half▼ 2.0%€793,713within the sector's middle half▼ 7.3%€742,419within the sector's middle half▼ 6.5%
Debt€535,653▼ 12.1%€510,098▼ 4.8%€494,162▼ 3.1%€455,594▼ 7.8%€452,762▼ 0.6%
Working capital€215,415▼ 5.0%€463,712▲ 115%€403,129▼ 13.1%€350,632▼ 13.0%€309,048▼ 11.9%
Solvency40.4%within the sector's middle half▲ 3.8pp41.6%within the sector's middle half▲ 1.2pp42.3%within the sector's middle half▲ 0.7pp42.6%within the sector's middle half▲ 0.3pp39.0%within the sector's middle half▼ 3.6pp
Staff (FTE)7.7within the sector's middle half▲ 2.7%7.3within the sector's middle half▼ 5.2%6.5within the sector's middle half▼ 11.0%6.4within the sector's middle half▼ 1.5%5.9within the sector's middle half▼ 7.8%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,513 after €13,033 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €742,419
Fixed assets
€30,109 ▼ 29.1%
Current assets
€712,310 ▼ 5.2%
Equity and liabilities €742,419
Equity
€289,657 ▼ 14.3%
Debt
€452,762 ▼ 0.6%
Debt's share of the balance-sheet total rises from 57.4% to 61.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,837▼
2024 · €28,414
Cash flow
-€33,112▼
2024 · -€8,265
Current ratio
1.77▼
2024 · 1.88
Quick ratio
0.41▼
2024 · 0.62
Debt to equity
1.56▲
2024 · 1.35
ROE
-16.7%▼
2024 · -7.0%
ROA
-6.5%▼
2024 · -3.0%
Interest coverage
0.10▼
2024 · 0.69
Debt ≤ 1 year
€403,262▲
2024 · €400,594
Debt > 1 year
€49,500▼
2024 · €55,000
Income taxes
€281▼
2024 · €308
Staff costs
€245,090▲
2024 · €238,494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,304 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €207,221 | €236,265 | €238,494 | €245,090 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,950 | €7,430 | €6,978 | €15,381 | €15,351 | ▼ 0.2% |
| Other operating charges640/8 | - | €1,165 | €1,040 | €1,337 | €1,922 | ▲ 43.7% |
| Non-recurring operating charges66A | - | €138,738 | €0 | - | - | - |
| Gross operating margin9900 | €327,887 | €376,364 | €277,661 | €268,245 | €250,849 | ▼ 6.5% |
| Operating profit (loss)9901 | €41,811 | €21,809 | €33,378 | €13,033 | -€11,513 | ▼ 188% |
| Financial income75/76B | - | €3,307 | €1,341 | €4,571 | €1,506 | ▼ 67.1% |
| Recurring financial income75 | €4,493 | €3,307 | €1,341 | €4,571 | €1,506 | ▼ 67.1% |
| Financial charges65/66B | - | €19,320 | €32,257 | €40,942 | €38,174 | ▼ 6.8% |
| Recurring financial charges65 | €26,884 | €19,320 | €32,257 | €40,942 | €38,174 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €19,420 | €5,796 | €2,462 | -€23,338 | -€48,181 | ▼ 106% |
| Income taxes67/77 | €8,588 | €5,441 | €4,079 | €308 | €281 | ▼ 8.5% |
| Profit (loss) for the period9904 | €10,832 | €355 | -€1,617 | -€23,646 | -€48,463 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €10,832 | €355 | -€1,617 | -€23,646 | -€48,463 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €898,679 | €873,479 | €855,927 | €793,713 | €742,419 | ▼ 6.5% |
| Fixed assets21/28 | €288,587 | €12,784 | €19,682 | €42,487 | €30,109 | ▼ 29.1% |
| Tangible fixed assets22/27 | €288,587 | €12,784 | €19,682 | €42,487 | €30,109 | ▼ 29.1% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €10,596 | €4,895 | €1,268 | €3,493 | ▲ 175% |
| Furniture and vehicles24 | - | €2,188 | €14,787 | €41,219 | €26,616 | ▼ 35.4% |
| Current assets29/58 | €610,092 | €860,695 | €836,245 | €751,226 | €712,310 | ▼ 5.2% |
| Stocks and contracts in progress3 | €366,233 | €360,432 | €335,725 | €504,717 | €546,075 | ▲ 8.2% |
| Stocks30/36 | - | €360,432 | €335,725 | €504,717 | €546,075 | ▲ 8.2% |
| Amounts receivable within one year40/41 | €140,854 | €231,315 | €266,732 | €195,404 | €126,363 | ▼ 35.3% |
| Trade receivables40 | - | €199,861 | €235,203 | €159,803 | €81,621 | ▼ 48.9% |
| Other amounts receivable41 | - | €31,454 | €31,529 | €35,601 | €44,742 | ▲ 25.7% |
| Cash at bank and in hand54/58 | €98,303 | €223,889 | €225,975 | €20,795 | €1,663 | ▼ 92.0% |
| Deferred charges and accrued income490/1 | - | €45,058 | €7,813 | €30,310 | €38,209 | ▲ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €898,679 | €873,479 | €855,927 | €793,713 | €742,419 | ▼ 6.5% |
| Equity10/15 | €363,027 | €363,382 | €361,765 | €338,119 | €289,657 | ▼ 14.3% |
| Contributions10/11 | €675,014 | €675,014 | €675,014 | €675,014 | €675,014 | = |
| Capital10 | - | €675,014 | €675,014 | €675,014 | €675,014 | = |
| Issued capital100 | - | €675,014 | €675,014 | €675,014 | €675,014 | = |
| Reserves13 | €8,366 | €8,366 | €8,366 | €8,366 | €8,366 | = |
| Non-distributable reserves130/1 | - | €8,366 | €8,366 | €8,366 | €8,366 | = |
| Legal reserve130 | - | €8,366 | €8,366 | €8,366 | €8,366 | = |
| Profit (loss) carried forward14 | -€320,354 | -€319,999 | -€321,615 | -€345,261 | -€393,724 | ▼ 14.0% |
| Amounts payable17/49 | €535,653 | €510,098 | €494,162 | €455,594 | €452,762 | ▼ 0.6% |
| Amounts payable after more than one year17 | €140,798 | €113,001 | €61,000 | €55,000 | €49,500 | ▼ 10.0% |
| Financial debts170/4 | - | €113,001 | €61,000 | €55,000 | €49,500 | ▼ 10.0% |
| Amounts payable within one year42/48 | €394,677 | €396,983 | €433,116 | €400,594 | €403,262 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | €21,082 | €12,676 | €0 | - | - |
| Financial debts43 | - | €252,134 | €202,666 | €252,894 | €277,031 | ▲ 9.5% |
| Credit institutions430/8 | - | €250,414 | €200,878 | €252,894 | €277,031 | ▲ 9.5% |
| Other loans439 | - | €1,721 | €1,788 | €0 | - | - |
| Trade debts44 | €55,623 | €99,047 | €165,792 | €90,929 | €72,189 | ▼ 20.6% |
| Suppliers440/4 | - | €99,047 | €165,792 | €90,929 | €72,189 | ▼ 20.6% |
| Taxes, remuneration and social security45 | - | €24,719 | €51,983 | €56,616 | €53,887 | ▼ 4.8% |
| Taxes450/3 | - | €10,499 | €30,677 | €51,304 | €50,760 | ▼ 1.1% |
| Remuneration and social security454/9 | - | €14,220 | €21,306 | €5,312 | €3,127 | ▼ 41.1% |
| Other amounts payable47/48 | - | - | - | €155 | €155 | = |
| Accrued charges and deferred income492/3 | - | €113 | €46 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,832 | €355 | -€1,617 | -€23,646 | -€48,463 | ▼ 105% |
| + Depreciation and write-downs630 | €10,950 | €7,430 | €6,978 | €15,381 | €15,351 | ▼ 0.2% |
| Operating cash flow (approximation) | €21,782 | €7,786 | €5,362 | -€8,265 | -€33,112 | ▼ 301% |
| Investment in fixed assets (approximation) | - | €268,373 | -€13,876 | -€38,186 | -€2,973 | ▲ 92.2% |
| Change in cash | - | €125,586 | €2,086 | -€205,181 | -€19,132 | ▲ 90.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet -€48,463
Net result drops to -€48,463, the lowest in the series.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Highest result since 2019net €15,935 ▲352%
Operating result €61,698, net result €15,935, both a record.
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Brugge · 1 establishment unit since 1996
Ground area
7,255 m²
Building footprint
1,508 m²
Volume, LiDAR
10,028 m³
Parcel 31807I0524/00R004, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pathoekeweg 50, 8000 Brugge
since 19962.051.693.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0524/00R004 | Flanders | 7,255 m² | 1 · 1,508 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,771 EUR awarded · 3,731 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,536 EUR | 1,536 EUR |
| 2022 | 1 | 2,235 EUR | 2,195 EUR |
Recognitions · licences · registrations
Dual-learning approval
3 endedOntwikkelaar prototypes mode duaal (so)
Ontwikkelaar patronen kleding- en confectieartikelen duaal (so)
Patronenmaker (so)
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PB FASHION
BE 0454.279.110
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IMPREVU
BE 0650.872.473
Chaudfontaine · Eq €286,821
FOYRTEX
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Verviers · Eq €285,924
Of 1,307 companies in sector 46423 we hold annual accounts for 810. 554 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-02-1991
Fiscal year end31-03
Activities, NACEBEL 2025
14210Manufacture of outerwear
46423Wholesale of clothing, excluding workwear and underwear
46412Wholesale of household textiles and bedding
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442908631
Also
9925:BE0442908631
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.