BELGIUM MOTORS
The computed 12-month bankruptcy probability of BELGIUM MOTORS is 2.2% (moderate). The 2025 annual accounts show equity of €34k and a net result of €-33k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 6725 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €34k |
| Net result | €-33k |
| Staff (FTE) | 0.8 |
| Better than sector | 48% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.1% | 20.4% | |
| Net result | €12k | €4k | |
| Equity | €67k | €16k | |
| Gross operating margin | €55k | €24k | |
| Staff costs | €26k | €33k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-18k |
| Net profit | €-33k |
| Cash flow | €-28k |
| Staff costs | €23k |
| Income taxes | €646 |
| Dividends | - |
| Total assets | €482k |
| Equity | €34k |
| Debt | €447k |
| of which ≤ 1y | €428k |
| of which > 1y | €19k |
| Working capital | €44k |
| Employees (FTE) | 0.8 |
| 2025 | |
|---|---|
| Current ratio | 1.10 |
| Quick ratio | 0.25 |
| Working capital ratio | 9.0% |
| Solvency | 7.1% |
| Debt / equity | 13.11 |
| Long-term debt ratio | 0.56 |
| Interest coverage | -1.44 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.9% |
| ROE | -97.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €482k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €825 |
| Current assets | 29/58 | €472k |
| Stocks & contracts in progress | 3 | €365k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €59k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €482k |
| Equity | 10/15 | €34k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €32k |
| Amounts payable | 17/49 | €447k |
| Amounts payable after one year | 17 | €19k |
| Amounts payable within one year | 42/48 | €428k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €42k |
| Operating result | 9901 | €-23k |
| Financial income | 75 | €719 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-33k |
| Income taxes | 67/77 | €646 |
| Net result for the period | 9904 | €-33k |
| Result to be appropriated | 9905 | €-33k |
-
Current01-10-2025 → present
-
Current29-11-2024 → present
| NACE primary | Retail sale of cars and light vans (up to 3.5 tonnes)(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 07-06-2021 |
| Status | Active |
| Postal code | 1410 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000 | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
01-09-2026 State Gazette act General meeting · Registered-office move
- General meeting, 2026-07-16
- Registered-office move, 1410 Waterloo - Drève Richelle n° 167
- Director resignation, Bruno Thiebauld (administrateur)
03-07-2026 NBB filing Annual accounts filed
25-07-2025 NBB filing Annual accounts filed
26-06-2024 NBB filing Annual accounts filed
21-06-2023 NBB filing Annual accounts filed
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
01-09-2026 Act object · General meeting · Seat change · Officer resignation
- Act object: Transfert du siège social - Démission · BELGIUM MOTORS
- Publication: 2026-09-01 · BELGIUM MOTORS
- Filing: 2025-08-25 · BELGIUM MOTORS
- General meeting: 2026-07-16 · BELGIUM MOTORS
- Seat change: to: 1410 Waterloo - Drève Richelle n° 167, from: Chaussée de Tervuren 95A bte D22 - 1410 Waterloo, effective_date: 2026-08-01 · BELGIUM MOTORS
- Officer resignation: role: administrateur, end_date: 2026-08-01 · Bruno Thiebauld
Technical details
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}21-11-2025 Nicolas Thiebauld appointed as director
- Nicolas Thiebauld, Bestuurder
Technical details
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}29-11-2024 THIEBAULD Bruno reappointed as director
- THIEBAULD Bruno, Bestuurder
Technical details
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}18-11-2024 Registered office moved from Sint-Genesius-Rode to Waterloo
- Kerkstraat 13, 1640 Sint-Genesius-Rode → Chaussée de Tervuren 95A, 1410 Waterloo
Technical details
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}09-06-2021 Incorporation of a new BV
Technical details
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}| Legal nameNL | BELGIUM MOTORS |