CAR TRUST
ActiveSummary
CAR TRUST has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136k and a net result of €25k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+19
Solvency75▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.23 in 2023; short-term debt: 29.5% and cash: 6.6% of total assets), and 50% of the assets are financed with debt.
Credit check 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
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
44 d early
2022
59 d early
2021
76 d early
2020
38 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€136k▲ 15.7%
2023 · €117k
2018: €61k
2019: €69k
2020: €80k
2021: €86k
2022: €107k
2023: €117k
2018 → 2024
Total assets
€271k▼ 0.2%
2023 · €272k
2018: €230k
2019: €231k
2020: €236k
2021: €214k
2022: €271k
2023: €272k
2018 → 2024
Net result
€25k▲ 105%
2023 · €12k
2018: €17k
2019: €8k
2020: €12k
2021: €6k
2022: €29k
2023: €12k
2018 → 2024
Working capital
€-55k▼ 3.9%
2023 · €-53k
2018: €-23k
2019: €-31k
2020: €-21k
2021: €-28k
2022: €-26k
2023: €-53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€80k-€86k▲ 7.6%€107k▲ 23.6%€117k▲ 9.8%€136k▲ 15.7%
Operating result€20k-€14k▼ 32.7%€36k▲ 161%€22k▼ 38.2%€38k▲ 71.9%
Net result€12k-€6k▼ 47.6%€29k▲ 378%€12k▼ 57.8%€25k▲ 105%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 72% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €271k
Fixed assets
€247k ▼ 3.6%
Current assets
€25k ▲ 53.3%
Equity and liabilities €271k
Equity
€136k ▲ 15.7%
Debt
€136k ▼ 12.3%
Debt's share of the balance-sheet total falls from 56.9% to 50.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2023 · €28k
Cash flow
€35k▲
2023 · €19k
Current ratio
0.31▲
2023 · 0.23
Quick ratio
0.23▲
2023 · 0.14
Debt to equity
1.00▼
2023 · 1.32
ROE
18.7%▲
2023 · 10.6%
ROA
9.4%▲
2023 · 4.6%
Interest coverage
7.75▲
2023 · 4.41
Debt ≤ 1 year
€80k▲
2023 · €69k
Debt > 1 year
€56k▼
2023 · €85k
Income taxes
€7k▲
2023 · €3k
Staff costs
€31k▼
2023 · €54k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€272k€271k▼
Fixed assets21/28€256k€247k▼
Tangible fixed assets22/27€255k€246k▼
Land and buildings22€255k€246k▼
Financial fixed assets28€363€363=
Current assets29/58€16k€25k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€274€390▲
Trade receivables40€274€390▲
Current investments50/53-€70
Cash at bank and in hand54/58€9k€18k▲
Equity and liabilities
Total equity and liabilities10/49€272k€271k▼
Equity10/15€117k€136k▲
Contributions10/11€12k€12k=
Reserves13€42k€52k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€40k€52k▲
Profit (loss) carried forward14€63k€71k▲
Amounts payable17/49€155k€136k▼
Amounts payable after more than one year17€85k€56k▼
Financial debts170/4€85k€56k▼
Amounts payable within one year42/48€69k€80k▲
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46€500€2k▲
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€13k€14k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€21k€30k▲
Income statement
Code20232024
Non-recurring operating income76A-€888
Remuneration, social security and pensions62€54k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€85k€81k▼
Operating profit (loss)9901€22k€38k▲
Financial income75/76B€210€187▼
Recurring financial income75€210€187▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€16k€32k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€12k€25k▲
Profit (loss) for the period to be appropriated9905€12k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€88k▲
Profit (loss) brought forward from the previous period14P€61k€63k▲
Transfer to equity691/2€10k€10k=
To other reserves6921€10k€10k=
Profit to be distributed694/7-€7k
Directors or managers695-€7k
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €29k ▲378%
Net result €29k, the highest in the series.
31-12
Financial
Equity above €100kEq €107k ▲23.6%
5 profitable years in a row build equity to €107k.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €6k ▼47.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
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, Tournai · 1 establishment unit since 2006
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.
Chaussée d'Audenarde(TOU) 2407500 TournaiGround area
1,378 m²
Building footprint
459 m²
Volume, LiDAR
1,980 m³
Parcel 57462A0035/00G004, Wallonia · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CAR TRUST
since 20062.157.838.640
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0035/00G004 | Wallonia | 1,378 m² | 1 · 459 m² | 6.2 m · 1 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
AIR MOTORS
BE 0543.833.765
Lier · Eq €135,666
AMR Cars
BE 0841.450.452
Mechelen · Eq €135,864
AUTO FISHER
BE 0502.346.667
Zottegem · Eq €135,885
TWO ORANGES
BE 0797.111.356
Waregem · Eq €135,484
CARROSSERIE DU CHATEAU
BE 0444.582.969
Braine-le-Comte · Eq €136,036
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,703 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
Founded14-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.