BELFIUS AUTO LEASE

Active

Public limited companyfounded 1997active for 29 yearsLuchthaven Brussel Nationaal 1K, 1930 Zaventem, Belgium34 active companies are registered at this addressKBO/BCE: BE 0461.783.247

Summary

The computed 12-month bankruptcy probability of BELFIUS AUTO LEASE is 2.2% (moderate). The 2025 annual accounts show equity of €24.0m and a net result of €6.3m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 10% of 542 sector peers (NACE 77, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

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BELFIUS AUTO LEASEActiveChecked score 54/100

Risk analysis Report Compare

Activity

Renting and leasing of cars and light motor vehicles

NACE 77110

3rd largest company by total assets in Flemish Brabant, Rental and leasing sector1 site

Size

€241.3mturnover 2025

Staff: 50.4 FTE
Equity: €24.0m
Profit: €6.3m

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.2%

Structure

Parent: BELFIUS ASSET FINANCE HOLDING · 99.98%
Board: 5 members

Jan AertgeertsChair
Guy De CeusterGeneral manager

Auditor: KPMG Réviseurs d'Entreprises2025 accounts 30 days early

Why 54raises risk2 changes of registered office in 24 monthsLiquidity: current ratio 0.27, cash €11.9m, halvedEquity €24.0m (2.8% of total assets)lowers riskSize: turnover €241.3m, 50.4 FTE, total assets €842.9mShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 56% of its sector peers (NACE 77, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 28+1

equity 2.8% of total assets

Liquidity 40-4

short-term debt 28.6% · cash 1.4%

Profitability 80+1

return on assets 0.7%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (95 companies, NACE 77, medium-sized)

Last 24 months 11-2024: 0.9%lowest value 12-2024: 0.9%● unchanged vs 11-2024lowest value 01-2025: 2.6%▲ +1.7 percentage points vs 12-2024 02-2025: 2.5%▼ -0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025highest value 07-2025: 1.8%▼ -0.8 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.2%▲ +0.3 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026

Credit of up to €1,250,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.27, compared with 0.39 in 2024, below 1; short-term debt: 28.6% and cash: 1.4% of total assets), and 97.2% 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 77, medium-sized): better than 12% on solvency, 44% on liquidity, 78% on profitability and 90% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

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Signals

Six signals.

lowers riskraises riskneutral

2 changes of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 0.27, cash €11.9m, halved

NBB · annual accounts

Equity €24.0m (2.8% of total assets)

NBB · annual accounts

Size: turnover €241.3m, 50.4 FTE, total assets €842.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 542 sector peers (2025).

NBB · sector comparison

Position among 542 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 days early

2024

37 days early

2023

34 days early

2022

1 day late

2021

24 days early

2020

31 days early

2019

31 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 27 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 1 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-08-2026 Reappointments: Jan Aertgeerts, Ann Bouchet and…Appointment: Deloitte Bedrijfsrevisoren (statutory auditor)
01-07-2026 Annual accounts filedfinancial year 2025 · full…
10-06-2026 Appointment: Philippe Crevits (director)Gazette deed

Key points

Positive: Back in profit in 2025after -€1.3m in 2024 €6.3m View
Caution: Among the weakest 10% on solvencysector median 41.8% · 542 companies 2.8% View
Controlled by BELFIUS ASSET FINANCE HOLDINGknown shareholders 100% 99.98% View
Board changedlatest change 10-06-2026 · 5 in office 1 joined · 1 left View

By topic

Financials

Financial year: 2025
Turnover: €241.3m
Profit: €6.3m
Solvency: 2.8%

Turnover▲ 19.6%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members
Parent: BELFIUS ASSET FINANCE HOLDING · 99.98%
Known shareholders: 100%
Auditor: KPMG Réviseurs d'Entreprises

Jan AertgeertsChair
Guy De CeusterGeneral manager
Ann BouchetDirector
Lies GevaertDirector
Philippe CrevitsDirector

Go to Board & ownership

Network & group

Group: Belgische Staat
Connected companies: 37

Go to Network & group

Timeline

Events: 66
Since: 1999
Next accounts: by 31-07-2027

19-02-2026Resignation: Mario De Vry (director)
19-02-2026Permanent representatives: Dave Minnoy and Vanessa Cordonnier
31-12-2025Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Renting and leasing of cars and light motor…NACE 77110
Founded: 29-10-1997
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 2

Who signs: Two directors jointly
Purpose: “Het verwerven en het terugverkopen of ter beschikkingstellen aan derden bij middel van…” (deed in Dutch)

Go to Articles of association

Key facts about BELFIUS AUTO LEASE

What is the company number of BELFIUS AUTO LEASE?: 0461.783.247. In Belgium the VAT number is the company number with BE in front: BE 0461.783.247.
Where is BELFIUS AUTO LEASE based?: The registered office is at Luchthaven Brussel Nationaal 1K, 1930 Zaventem.Company details
What does BELFIUS AUTO LEASE do?: According to the KBO register, the main activity is renting and leasing of cars and light motor vehicles (NACE 77110).
What is the legal form of BELFIUS AUTO LEASE?: Public limited company (NV).
When was BELFIUS AUTO LEASE founded?: On 29-10-1997.
Is BELFIUS AUTO LEASE still active?: Yes, BELFIUS AUTO LEASE is an active enterprise in the KBO register.
How many employees does BELFIUS AUTO LEASE have?: On average 50.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BELFIUS AUTO LEASE?: €241.3m in financial year 2025, according to the filed annual accounts.
Is BELFIUS AUTO LEASE profitable?: In financial year 2025, BELFIUS AUTO LEASE made a profit of €6.3m.
Where can I find the annual accounts of BELFIUS AUTO LEASE?: BELFIUS AUTO LEASE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELFIUS AUTO LEASE due?: By 31-07-2027, for financial year 2026.Timeline