CAR AUDIO SERVICE
ActiveSummary
CAR AUDIO SERVICE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €5k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 71% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-15
Solvency84▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 5.39 against 4.61 in 2024; short-term debt: 16% and cash: 4.4% of total assets), and 41.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.9%
Return on assets
8.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
34 d early
2023
35 d early
2022
33 d early
2021
47 d early
2020
61 d early
2019
110 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 17.7%
2024 · €27k
2018: €20k
2019: €24k
2020: €24k
2021: €25k
2022: €27k
2023: €22k
2024: €27k
2018 → 2025
Total assets
€54k▲ 6.6%
2024 · €50k
2018: €83k
2019: €73k
2020: €64k
2021: €65k
2022: €57k
2023: €47k
2024: €50k
2018 → 2025
Net result
€5k▲ 4.5%
2024 · €5k
2018: €-12k
2019: €4k
2020: €-500
2021: €2k
2022: €1k
2023: €-5k
2024: €5k
2018 → 2025
Working capital
€38k▲ 19.8%
2024 · €31k
2018: €31k
2019: €28k
2020: €24k
2021: €26k
2022: €27k
2023: €26k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€27k▲ 5.4%€22k▼ 17.2%€27k▲ 20.4%€32k▲ 17.7%
Operating result€3k-€3k▲ 0.3%€-2k€7k€8k▲ 15.5%
Net result€2k-€1k▼ 12.0%€-5k€5k€5k▲ 4.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€7k ▼ 27.5%
Current assets
€46k ▲ 15.2%
Equity and liabilities €54k
Equity
€32k ▲ 17.7%
Debt
€22k ▼ 6.1%
Debt's share of the balance-sheet total falls from 46.7% to 41.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €12k
Cash flow
€8k▼
2024 · €10k
Current ratio
5.39▲
2024 · 4.61
Quick ratio
0.66▲
2024 · 0.64
Debt to equity
0.70▼
2024 · 0.88
ROE
15.0%▼
2024 · 17.0%
ROA
8.9%▼
2024 · 9.0%
Interest coverage
3.69▼
2024 · 5.54
Debt ≤ 1 year
€9k▼
2024 · €9k
Debt > 1 year
€13k▼
2024 · €15k
Income taxes
€261▲
2024 · €175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€54k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€684€359▼
Financial fixed assets28€198€198=
Current assets29/58€40k€46k▲
Stocks and contracts in progress3€35k€41k▲
Stocks30/36€35k€41k▲
Amounts receivable within one year40/41€805€3k▲
Trade receivables40€805€3k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€878€670▼
Equity and liabilities
Total equity and liabilities10/49€50k€54k▲
Equity10/15€27k€32k▲
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€3k€8k▲
Amounts payable17/49€23k€22k▼
Amounts payable after more than one year17€15k€13k▼
Financial debts170/4€15k€13k▼
Amounts payable within one year42/48€9k€9k▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Advances received on contracts in progress46€564€564=
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€58€58=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€452€709▲
Gross operating margin9900€12k€11k▼
Operating profit (loss)9901€7k€8k▲
Financial income75/76B€6€1▼
Recurring financial income75€6€1▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77€175€261▲
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€8k▲
Profit (loss) brought forward from the previous period14P€-1k€3k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €5k ▲4.5%
Operating result €8k, net result €5k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
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.
Directors · office · real estate
Directors
2 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, Opwijk · 1 establishment unit since 2000
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.
Stwg. op Aalst 1901745 OpwijkGround area
985 m²
Building footprint
243 m²
Volume, LiDAR
1,524 m³
Parcel 23752H0406/00S003, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stwg. op Aalst 190, 1745 Opwijk
since 20002.101.013.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752H0406/00S003 | Flanders | 985 m² | 1 · 243 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Easy Good Food
BE 0629.718.159
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ALL WELLNESS
BE 0466.046.297
Hasselt · Eq €32,515
Culiplan
BE 0786.637.831
Wetteren · Eq €32,991
ELECTRO LONDERZEEL
BE 0759.745.768
Londerzeel · Eq €33,037
RIGOLLE - VAN DE VYVER
BE 0846.116.944
Waregem · Eq €33,321
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 479 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2000
Fiscal year end30-09
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.