CAR CORNER GROUP
ActiveThe computed 12-month bankruptcy probability of CAR CORNER GROUP is 2.0% (moderate). The 2024 annual accounts show equity of €22k and a net result of €55k. Equity is growing by ~45.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 26043 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
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+16
Solvency33▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.85 in 2023; short-term debt: 72.2% and cash: 12.9% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
7.5%
Return on assets
18.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
44 d early
2022
42 d early
2021
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k
2023 · €-33k
2021: €-43k
2022: €-46k
2023: €-33k
2021 → 2024
Total assets
€296k▲ 36.5%
2023 · €217k
2021: €110k
2022: €118k
2023: €217k
2021 → 2024
Net result
€55k▲ 337%
2023 · €13k
2021: €-103k
2022: €-3k
2023: €13k
2021 → 2024
Working capital
€9k
2023 · €-31k
2021: €-21k
2022: €-30k
2023: €-31k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-43k-€-46k▼ 7.6%€-33k▲ 27.7%€22k
Operating result€-98k-€-2k▲ 98.0%€14k€58k▲ 321%
Net result€-103k-€-3k▲ 96.9%€13k€55k▲ 337%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 321% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296k
Fixed assets
€73k▲ 66.4%
Current assets
€223k▲ 29.3%
Equity and liabilities €296k
Equity
€22k
Debt
€274k
Debt finances 92.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€78k▲
2023 · €29k
Cash flow
€76k▲
2023 · €27k
Solvency
7.5%▲
2023 · -15.2%
Current ratio
1.04▲
2023 · 0.85
Quick ratio
0.71▲
2023 · 0.64
Debt / equity
12.26▲
2023 · -7.57
ROE
247.9%
ROA
18.7%▲
2023 · 5.8%
Interest coverage
29.05▲
2023 · 25.40
Debt
€274k▲
2023 · €250k
Debt ≤ 1 year
€214k▲
2023 · €203k
Debt > 1 year
€29k▼
2023 · €47k
Staff costs
€325k▲
2023 · €137k
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 2023
Balance sheet
Code20232024
Assets
Total assets20/58€217k€296k▲
Formation expenses20€885€405▼
Fixed assets21/28€44k€73k▲
Intangible fixed assets21€11k€10k▼
Tangible fixed assets22/27€33k€64k▲
Plant, machinery and equipment23€20k€58k▲
Furniture and vehicles24€13k€6k▼
Current assets29/58€172k€223k▲
Stocks and contracts in progress3€42k€71k▲
Stocks30/36€42k€71k▲
Amounts receivable within one year40/41€88k€103k▲
Trade receivables40€88k€103k▲
Other amounts receivable41€254€98▼
Cash at bank and in hand54/58€28k€38k▲
Deferred charges and accrued income490/1€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€217k€296k▲
Equity10/15€-33k€22k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-93k€-38k▲
Amounts payable17/49€250k€274k▲
Amounts payable after more than one year17€47k€29k▼
Financial debts170/4€47k€29k▼
Amounts payable within one year42/48€203k€214k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€120k€106k▼
Suppliers440/4€120k€106k▼
Taxes, remuneration and social security45€35k€60k▲
Taxes450/3€10k€8k▼
Remuneration and social security454/9€25k€52k▲
Other amounts payable47/48€30k€30k=
Accrued charges and deferred income492/3-€31k
Income statement
Code20232024
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€137k€325k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€520€528▲
Non-recurring operating charges66A€268-
Gross operating margin9900€167k€404k▲
Operating profit (loss)9901€14k€58k▲
Financial income75/76B€7€10▲
Recurring financial income75€7€10▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€13k€55k▲
Profit (loss) for the period9904€13k€55k▲
Profit (loss) for the period to be appropriated9905€13k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-38k▲
Profit (loss) brought forward from the previous period14P€-106k€-93k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €55k ▲337%
Operating result €58k, net result €55k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit 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.
Gentseweg(HSD) 3099120 Beveren-Kruibeke-ZwijndrechtGround area
1.6 ha
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
CAR CORNER GROUP
since 20202.309.160.026
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0028/00Y000 | Flanders | 1.6 ha | - | - |
| 46503C0757/00L004 | Flanders | 536 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.309.160.026
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 2,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2020
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
95314Bodywork repair (including spraying and painting)
47812Retail trade
95316Washing and cleaning of motor vehicles
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.