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CAR TECHNIC BRUSSELS

Active
Public limited companyfounded 2009active for 17 yearsAvenue des Dauphins 7, 1410 Waterloo, BelgiumKBO/BCE: BE 0817.782.848

Financials · financial year 2025, full format

2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00542296.

Annual accounts 2025 filed on 30-09-2026 at the NBB all 16 filings

Turnover
€0
2023 · €0
EBIT margin
0.9%
Net result
-€22,400
2024 · €23,924
Working capital
€588,795▼ 9.8%
2024 · €652,891
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a profit of €22,426, after a loss of €19,689 in 2024.

Turnover€0 2024 Operating result€0.02m 2025 Net result-€0.02m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€8.8m€0▼ 100%€0
Operating result€0.1m-€0.4m▲ 213%€0.3m▼ 18.8%€0.3m▼ 15.2%€0.08m▼ 68.8%€0.9m▲ 995%-€0.02m€0.02m
Net result€0.07m-€0.2m▲ 217%€0.2mabove the sector's middle half▼ 16.8%€0.2mabove the sector's middle half▼ 7.9%€0.04mwithin the sector's middle half▼ 79.3%€0.6mabove the sector's middle half▲ 15×€0.02mwithin the sector's middle half▼ 95.7%-€0.02mbelow the sector's middle half
EBIT margin0.9%
Equity€0.3m-€0.6m▲ 70.4%€0.6mabove the sector's middle half▲ 14.6%€0.8mabove the sector's middle half▲ 24.5%€0.9mabove the sector's middle half▲ 19.2%€1.4mabove the sector's middle half▲ 48.9%€1.2mabove the sector's middle half▼ 13.0%€1.2mwithin the sector's middle half▼ 1.8%
Total assets€2.7m-€2.6m▼ 3.0%€3.1mabove the sector's middle half▲ 16.6%€2.2mabove the sector's middle half▼ 29.2%€5.0mabove the sector's middle half▲ 128%€3.8mabove the sector's middle half▼ 23.0%€3.4mabove the sector's middle half▼ 11.9%€3.0mwithin the sector's middle half▼ 12.5%
Debt€2.4m-€2.1m▼ 13.0%€2.4m▲ 17.2%€1.4m▼ 43.2%€4.0m▲ 191%€2.4m▼ 39.8%€2.2m▼ 11.3%€1.8m▼ 18.6%
Working capital€0.3m-€0.6m▲ 94.8%€0.6mabove the sector's middle half▲ 4.5%€0.8mabove the sector's middle half▲ 20.9%€0.5mwithin the sector's middle half▼ 36.6%€1.0mabove the sector's middle half▲ 116%€0.7mabove the sector's middle half▼ 37.3%€0.6mwithin the sector's middle half▼ 9.8%
Solvency12.0%-21.0%▲ 9.1pp20.7%within the sector's middle half▼ 0.4pp36.3%within the sector's middle half▲ 15.7pp19.0%within the sector's middle half▼ 17.4pp36.7%within the sector's middle half▲ 17.7pp36.2%within the sector's middle half▼ 0.4pp40.7%within the sector's middle half▲ 4.4pp
Current ratio1.13-1.30▲ 0.171.26within the sector's middle half▼ 0.041.55within the sector's middle half▲ 0.291.23within the sector's middle half▼ 0.313.15above the sector's middle half▲ 1.922.40above the sector's middle half▼ 0.753.91above the sector's middle half▲ 1.51
Return on assets (ROA)2.7%-8.7%▲ 6.0pp6.2%within the sector's middle half▼ 2.5pp8.1%within the sector's middle half▲ 1.9pp0.7%within the sector's middle half▼ 7.3pp14.5%above the sector's middle half▲ 13.7pp0.7%within the sector's middle half▼ 13.8pp-0.8%below the sector's middle half▼ 1.5pp
Staff (FTE)5.4-6▲ 11.1%6.8within the sector's middle half▲ 13.3%6.5within the sector's middle half▼ 4.4%6.5within the sector's middle half=3.6within the sector's middle half▼ 44.6%0below the sector's middle half▼ 100%
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets €2.2m ▼ 4.2%
Current assets €790,825 ▼ 29.3%
Equity and liabilities €3.0m
Equity €1.2m ▼ 1.8%
Debt €1.8m ▼ 18.6%
Debt's share of the balance-sheet total falls from 63.8% to 59.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€117,578▲
2024 · €97,833
Cash flow
€72,752▼
2024 · €141,446
Quick ratio
3.37▲
2024 · 2.02
Debt to equity
1.46▼
2024 · 1.76
ROE
-1.9%▼
2024 · 1.9%
Interest coverage
3.41▲
2024 · 1.88
Debt ≤ 1 year
€202,030▼
2024 · €466,056
Debt > 1 year
€1.6m▼
2024 · €1.7m
Income taxes
€12,287▲
2024 · -€73,049
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-2023
Employees at the balance-sheet date77-
full-time66-
part-time11-
in full-time equivalents6.56.5-
Average over the year, in full-time equivalents6.56.53.6
On a permanent contract66-
Joined--2
Left--8

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€33,870€2.6m-€64,668-
Depreciation and write-downs of the year€3,632€61,072€96,075€117,522€95,152

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as CAR TECHNIC BRUSSELS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €2m and €4.1m, founded between 2006 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
CAR TECHNIC BRUSSELS Waterloo2009€3.0m€1.2m€0.1m-€0.02m-2025
KRIPA INVEST Knokke-Heist2008€2.4m€0.2m€0.1m-€0.1m22025
AVENTURES MOTORHOMES Gembloux2010€4.0m-€3.1m€0.2m-€0.2m-2025
VDM CARS Avelgem2008€4.1m€2.5m€0.1m€0.1m-2025
M.W.A. Beveren-Kruibeke-Zwijndrecht2009€2.0m€0.4m€0.1m€0.03m02025
BAUWENS Tielt-Winge2006€2.2m€0.3m€0.1m-€0.006m-2025
EUROCAMPERS Houthalen-Helchteren2006€2.3m€1.3m€0.2m€0.05m0.92025

They were chosen from the 5,431 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,686 companies had the same profile as CAR TECHNIC BRUSSELS has now. Two years later, 0.6% had gone bankrupt and 93.7% were still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
5.4% stopped otherwise
93.7% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CAR TECHNIC BRUSSELS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,686 companies, not a prediction for CAR TECHNIC BRUSSELS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€3.4m€3.0m▼
Formation expenses20€0-
Fixed assets21/28€2.3m€2.2m▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€2.3m€2.2m▼
Land and buildings22€2.2m€2.1m▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€0.04m€0.04m=
Other tangible fixed assets26€0.002m€0.002m=
Current assets29/58€1.1m€0.8m▼
Stocks and contracts in progress3€0.2m€0.1m▼
Stocks30/36€0.2m€0.1m▼
Amounts receivable within one year40/41€0.02m€0.1m▲
Trade receivables40€0.008m€0.1m▲
Other amounts receivable41€0.007m€0.009m▲
Cash at bank and in hand54/58€0.9m€0.5m▼
Deferred charges and accrued income490/1-€0.006m
Equity and liabilities
Total equity and liabilities10/49€3.4m€3.0m▼
Equity10/15€1.2m€1.2m▼
Contributions10/11€0.08m€0.08m=
Capital10€0.08m€0.08m=
Issued capital100€0.08m€0.08m=
Reserves13€0.5m€0.5m=
Non-distributable reserves130/1€0.008m€0.008m=
Legal reserve130€0.008m€0.008m=
Tax-exempt reserves132€0.02m€0.02m=
Distributable reserves133€0.5m€0.5m=
Profit (loss) carried forward14€0.7m€0.6m▼
Investment grants15€0-
Amounts payable17/49€2.2m€1.8m▼
Amounts payable after more than one year17€1.7m€1.6m▼
Financial debts170/4€1.7m€1.6m▼
Amounts payable within one year42/48€0.5m€0.2m▼
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.03m€0.01m▼
Suppliers440/4€0.03m€0.01m▼
Advances received on contracts in progress46€0.008m-
Taxes, remuneration and social security45€0.08m€0.05m▼
Taxes450/3€0.08m€0.05m▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0.2m-
Accrued charges and deferred income492/3€0.003m-
Income statement Code20242025
Turnover70€0-
Non-recurring operating income76A€0€0.1m▲
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62-€0.05m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.01m-
Other operating charges640/8€0.03m€0.01m▼
Non-recurring operating charges66A€0-
Gross operating margin9900€0.08m€0.1m▲
Operating profit (loss)9901-€0.02m€0.02m▲
Financial income75/76B€0.02m€0.002m▼
Recurring financial income75€0.02m€0.002m▼
Financial charges65/66B€0.05m€0.03m▼
Recurring financial charges65€0.05m€0.03m▼
Profit (loss) for the period before taxes9903-€0.05m-€0.01m▲
Income taxes67/77-€0.07m€0.01m▲
Profit (loss) for the period9904€0.02m-€0.02m▼
Profit (loss) for the period to be appropriated9905€0.02m-€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.7m€0.6m▼
Profit (loss) brought forward from the previous period14P€0.7m€0.7m▼
Transfer from equity791/2€0.06m-
Transfer to equity691/2€0.02m-
To the legal reserve6920€0-
To other reserves6921€0.02m-
Profit to be distributed694/7€0.1m-
Return on contributions (dividend)694€0.1m-
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70----€8.8m€0€0--
Non-recurring operating income76A---€0.005m-€0€0€0.1m-
Goods, raw materials, services and sundry goods60/61----€8.2m€0€0--
Remuneration, social security and pensions62---€0.3m€0.4m€0.2m-€0.05m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.02m€0.006m€0.004m€0.06m€0.1m€0.1m€0.1m▼ 19.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.1m-€0.01m--
Other operating charges640/8---€0.009m€0.005m€0.01m€0.03m€0.01m▼ 48.9%
Non-recurring operating charges66A----€0.001m€0.05m€0--
Gross operating margin9900€0.5m€0.6m€0.6m€0.6m€0.6m€1.3m€0.08m€0.1m▲ 58.5%
Operating profit (loss)9901€0.1m€0.4m€0.3m€0.3m€0.08m€0.9m-€0.02m€0.02m-
Financial income75/76B---€5€0.006m€0.003m€0.02m€0.002m▼ 91.5%
Recurring financial income75€18€79€15€5€0.006m€0.003m€0.02m€0.002m▼ 91.5%
Financial charges65/66B---€0.005m€0.03m€0.04m€0.05m€0.03m▼ 33.7%
Recurring financial charges65€0.006m€0.005m€0.005m€0.005m€0.03m€0.04m€0.05m€0.03m▼ 33.7%
Profit (loss) for the period before taxes9903€0.1m€0.4m€0.3m€0.2m€0.05m€0.8m-€0.05m-€0.01m▲ 79.4%
Income taxes67/77€0.04m€0.1m€0.1m€0.07m€0.01m€0.3m-€0.07m€0.01m-
Profit (loss) for the period9904€0.07m€0.2m€0.2m€0.2m€0.04m€0.6m€0.02m-€0.02m-
Profit (loss) for the period to be appropriated9905€0.07m€0.2m€0.2m€0.2m€0.04m€0.6m€0.02m-€0.02m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.7m€2.6m€3.1m€2.2m€5.0m€3.8m€3.4m€3.0m▼ 12.5%
Formation expenses20€0€0€0€0€0€0€0--
Fixed assets21/28€0.04m€0.02m€0.01m€0.04m€2.4m€2.3m€2.3m€2.2m▼ 4.2%
Intangible fixed assets21€0€0€0€0€0€0€0--
Tangible fixed assets22/27€0.04m€0.02m€0.01m€0.04m€2.4m€2.3m€2.3m€2.2m▼ 4.2%
Land and buildings22----€2.4m€2.3m€2.2m€2.1m▼ 4.3%
Plant, machinery and equipment23---€0.002m€0.01m€0€0--
Furniture and vehicles24---€0.03m€0.02m€0€0.04m€0.04m=
Other tangible fixed assets26---€0.005m€0.004m€0.003m€0.002m€0.002m=
Financial fixed assets28€0.001m€50€0-€0----
Current assets29/58€2.7m€2.6m€3.1m€2.2m€2.5m€1.5m€1.1m€0.8m▼ 29.3%
Stocks and contracts in progress3€2.0m€1.5m€2.1m€1.2m€1.4m€0.3m€0.2m€0.1m▼ 38.2%
Stocks30/36---€1.2m€1.4m€0.3m€0.2m€0.1m▼ 38.2%
Amounts receivable within one year40/41€0.3m€0.6m€0.4m€0.3m€0.4m€0.2m€0.02m€0.1m▲ 770%
Trade receivables40---€0.3m€0.3m€0.2m€0.008m€0.1m▲ 16×
Other amounts receivable41---€0.01m€0.06m€0.001m€0.007m€0.009m▲ 18.9%
Cash at bank and in hand54/58€0.4m€0.5m€0.6m€0.7m€0.7m€1.0m€0.9m€0.5m▼ 41.8%
Deferred charges and accrued income490/1---€0.02m---€0.006m-
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.6m€3.1m€2.2m€5.0m€3.8m€3.4m€3.0m▼ 12.5%
Equity10/15€0.3m€0.6m€0.6m€0.8m€0.9m€1.4m€1.2m€1.2m▼ 1.8%
Contributions10/11€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m€0.08m=
Capital10---€0.08m€0.08m€0.08m€0.08m€0.08m=
Issued capital100---€0.08m€0.08m€0.08m€0.08m€0.08m=
Reserves13€0.08m€0.08m€0.08m€0.08m€0.08m€0.5m€0.5m€0.5m=
Non-distributable reserves130/1---€0.008m€0.008m€0.008m€0.008m€0.008m=
Legal reserve130---€0.008m€0.008m€0.008m€0.008m€0.008m=
Tax-exempt reserves132---€0.02m€0.02m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.06m€0.06m€0.5m€0.5m€0.5m=
Profit (loss) carried forward14€0.2m€0.4m€0.5m€0.6m€0.7m€0.7m€0.7m€0.6m▼ 3.4%
Investment grants15---€0€0.1m€0.1m€0--
Amounts payable17/49€2.4m€2.1m€2.4m€1.4m€4.0m€2.4m€2.2m€1.8m▼ 18.6%
Amounts payable after more than one year17€0€0€0-€2.0m€2.0m€1.7m€1.6m▼ 7.9%
Financial debts170/4----€2.0m€2.0m€1.7m€1.6m▼ 7.9%
Other amounts payable178/9----€0----
Amounts payable within one year42/48€2.4m€2.0m€2.4m€1.4m€2.1m€0.5m€0.5m€0.2m▼ 56.7%
Current portion of amounts payable after more than one year42----€0.1m-€0.1m€0.1m▲ 1.9%
Financial debts43----€0.1m----
Credit institutions430/8----€0.1m----
Trade debts44€1.8m€1.5m€1.9m€1.0m€1.5m€0.2m€0.03m€0.01m▼ 65.6%
Suppliers440/4---€1.0m€1.5m€0.2m€0.03m€0.01m▼ 65.6%
Advances received on contracts in progress46---€0.06m€0.2m-€0.008m--
Taxes, remuneration and social security45---€0.1m€0.04m€0.2m€0.08m€0.05m▼ 41.5%
Taxes450/3---€0.09m€0.04m€0.2m€0.08m€0.05m▼ 41.5%
Remuneration and social security454/9---€0.03m-€0.04m€0--
Other amounts payable47/48---€0.2m-€0.06m€0.2m--
Accrued charges and deferred income492/3----€0.03m-€0.003m--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.07m€0.2m€0.2m€0.2m€0.04m€0.6m€0.02m-€0.02m-
+ Depreciation and write-downs630€0.03m€0.02m€0.006m€0.004m€0.06m€0.1m€0.1m€0.1m▼ 19.0%
Operating cash flow (approximation)€0.1m€0.2m€0.2m€0.2m€0.1m€0.7m€0.1m€0.07m▼ 48.6%
Investment in fixed assets (approximation)-€0.001m€0.005m-€0.03m-€2.5m€0.03m-€0.06m€0-
Change in cash-€0.1m€0.06m€0.1m€0.07m€0.3m-€0.1m-€0.4m▼ 278%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 30-09-2026 2026-00542296 NBB
31-12-2024 full format 30-10-2025 2025-00559101 PDF
31-12-2023 full format 27-02-2025 2025-00040056 PDF
31-12-2022 full format 28-12-2023 2024-00542361 PDF
31-12-2021 full format 08-12-2022 2022-20535707 PDF
31-12-2020 full format 19-10-2021 2021-72300044 PDF
31-12-2019 full format 15-02-2021 2021-05600226 PDF
31-12-2018 full format 28-11-2019 2019-74600577 PDF
31-12-2017 full format 31-08-2018 2018-61900518 PDF
31-12-2016 full format 31-10-2017 2017-68700431 PDF

Show all 16 filings

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