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CARS & DRIVERS

Active
Private limited companyfounded 2011active for 15 yearsTer Wallenstraat 37, 8870 Izegem, BelgiumKBO/BCE: BE 0833.114.192
Summary

CARS & DRIVERS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,360 and a net result of €25,919. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 40% of 1,186 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-01-2011 Normal situation
Activity
Service activities incidental to land transportation NACE 52210and 7 others
Establishment unit
2.195.941.230 8870 Izegem, since 16-02-2011
Financial year end
31 December
Peppol
Reachable since 30-12-2024

Board and ownership

Board
  • DECOCK PASCALDirector · since 20-01-2011

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€98,812
▲ 1.4%
Turnover
≈ €300,000
estimated
Profit
€25,919
▼ 0.6%
Equity
€155,360
▲ 20.0%
Total assets
€508,195
▼ 0.1%
  • 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Warehousing and support activities for transportation (NACE 52)Liquidity: current ratio 0.58, cash €5,346lowers riskFounded in 2011Size: total assets €508,195Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Average
Solvency 56+6
equity 30.6% of total assets
Liquidity 42+1
short-term debt 25.0% · cash 1.1%
Profitability 75=
return on assets 5.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.1%▲ +0.1 percentage points vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -1.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 0.4%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.34 in 2024), below 1. Short-term debt is 25% and cash 1.1% of total assets. 69.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 40% of them on solvency, 36% on liquidity, 56% on profitability and 70% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.58, cash €5,346
NBB · annual accounts
lowers risk · Size: total assets €508,195
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
28 days late
2023
20 days late
2022
7 days late
2021
31 days late
2020
24 days late
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €25,919 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments“Loodgieterij,depannage en onderhoud van verwarmingsinstallaties,verkoop van verwarmingsartikelen en…” (deed in Dutch) · Board composition: Pascal Decock (director (not named in the articles))
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as CARS & DRIVERS: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €361,000 and €497,000, founded between 2008 and 2013.

CompanyTotal assetsGross margin
CARS & DRIVERS Izegem€508,195€98,812
TAKELDIENST MEYS J. Waasmunster€497,331€104,785
CREFIMO Genk€443,240€97,066
PARKING 4040 Herstal€459,467€81,557
SINT-TRUIDENSE TAKELDIENST VANDERSMISSEN Sint-Truiden€416,956€80,940
TRANS DEPANNAGE Pecq€379,807€128,795
DEPANNAGE DELBECQ - LESSINES CONTAINERS Lessines€361,013€113,552
Full comparison

Key facts about CARS & DRIVERS

What is the company number of CARS & DRIVERS?
The company number of CARS & DRIVERS is 0833.114.192. The VAT number is the same number with BE in front: BE 0833.114.192.
Where is CARS & DRIVERS based?
The registered office is at Ter Wallenstraat 37, 8870 Izegem.Company details
What does CARS & DRIVERS do?
According to the KBO register, the main activity is service activities incidental to land transportation (NACE 52210).
What is the legal form of CARS & DRIVERS?
CARS & DRIVERS is a private limited company (BV).
When was CARS & DRIVERS founded?
CARS & DRIVERS was founded on 14-01-2011.
Is CARS & DRIVERS still active?
Yes, CARS & DRIVERS is an active enterprise in the KBO register.
What is the turnover of CARS & DRIVERS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €98,812 and 2,663 comparable companies of the same size. It probably lies between €200,000 and €510,000. It is a rough estimate.Financials
Is CARS & DRIVERS profitable?
In financial year 2025, CARS & DRIVERS made a profit of €25,919.
Where can I find the annual accounts of CARS & DRIVERS?
CARS & DRIVERS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CARS & DRIVERS due?
CARS & DRIVERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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