CIAC Ledeberg
ActiveSummary
CIAC Ledeberg has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.18M and a net result of €60k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-8
Solvency38▲+1
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.13 in 2023; short-term debt: 83.5% and cash: 2.5% of total assets), and 86.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 2024Solvency, return and age of the figures
Solvency
13.3%
Return on assets
0.7%
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
20 d early
2022
39 d early
2021
27 d early
2020
19 d early
2019
81 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€28.15M▼ 8.2%
2023 · €30.68M
2018: €7.59M
2019: €8.01M
2020: €14.21M
2021: €17.40M
2022: €21.82M
2023: €30.68M
2018 → 2024
EBIT margin
1.5%▼ 0.4pp
2023 · 1.9%
2018: 2.2%
2019: 2.4%
2020: 0.5%
2021: 0.7%
2022: 2.8%
2023: 1.9%
2018 → 2024
Net result
€60k▼ 74.9%
2023 · €240k
2018: €92k
2019: €103k
2020: €-3k
2021: €46k
2022: €403k
2023: €240k
2018 → 2024
Working capital
€1.11M▲ 6.9%
2023 · €1.03M
2018: €485k
2019: €535k
2020: €577k
2021: €695k
2022: €1.06M
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€14.21M-€17.40M▲ 22.4%€21.82M▲ 25.4%€30.68M▲ 40.6%€28.15M▼ 8.2%
Equity€630k-€675k▲ 7.3%€978k▲ 44.8%€1.12M▲ 14.3%€1.18M▲ 5.4%
Operating result€68k-€123k▲ 79.6%€621k▲ 406%€597k▼ 3.8%€428k▼ 28.4%
Net result€-3k-€46k€403k▲ 780%€240k▼ 40.4%€60k▼ 74.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.83M
Fixed assets
€353k ▼ 15.1%
Current assets
€8.48M ▼ 8.5%
Equity and liabilities €8.83M
Equity
€1.18M ▲ 5.4%
Provisions
€50k ▼ 53.3%
Debt
€7.60M ▼ 10.0%
Debt's share of the balance-sheet total falls from 87.3% to 86.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€582k▼
2023 · €705k
Cash flow
€215k▼
2023 · €348k
Current ratio
1.15▲
2023 · 1.13
Quick ratio
0.20▲
2023 · 0.16
Debt to equity
6.45▼
2023 · 7.56
ROE
5.1%▼
2023 · 21.5%
ROA
0.7%▼
2023 · 2.5%
Interest coverage
1.81▼
2023 · 2.92
Debt ≤ 1 year
€7.37M▼
2023 · €8.23M
Income taxes
€36k▼
2023 · €111k
Staff costs
€1.70M▲
2023 · €1.58M
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 · 74 lines
Balance sheet
Code20232024
Assets
Total assets20/58€9.68M€8.83M▼
Fixed assets21/28€416k€353k▼
Intangible fixed assets21€54k€6k▼
Tangible fixed assets22/27€356k€342k▼
Plant, machinery and equipment23€181k€196k▲
Furniture and vehicles24€175k€147k▼
Financial fixed assets28€5k€5k=
Other financial fixed assets284/8€5k€5k=
Amounts receivable and cash guarantees285/8€5k€5k=
Current assets29/58€9.26M€8.48M▼
Stocks and contracts in progress3€7.94M€7.04M▼
Stocks30/36€7.94M€7.04M▼
Goods purchased for resale34€7.94M€7.04M▼
Amounts receivable within one year40/41€1.19M€931k▼
Trade receivables40€1.06M€898k▼
Other amounts receivable41€133k€33k▼
Cash at bank and in hand54/58€20k€221k▲
Deferred charges and accrued income490/1€110k€286k▲
Equity and liabilities
Total equity and liabilities10/49€9.68M€8.83M▼
Equity10/15€1.12M€1.18M▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€40k€40k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Profit (loss) carried forward14€678k€738k▲
Provisions and deferred taxes16€107k€50k▼
Provisions for liabilities and charges160/5€107k€50k▼
Other liabilities and charges164/5€107k€50k▼
Amounts payable17/49€8.45M€7.60M▼
Amounts payable within one year42/48€8.23M€7.37M▼
Financial debts43€1.00M€1.25M▲
Credit institutions430/8€1.00M€1.25M▲
Trade debts44€6.44M€5.10M▼
Suppliers440/4€6.44M€5.10M▼
Advances received on contracts in progress46€386k€562k▲
Taxes, remuneration and social security45€205k€223k▲
Taxes450/3€44k€48k▲
Remuneration and social security454/9€161k€176k▲
Other amounts payable47/48€200k€236k▲
Accrued charges and deferred income492/3€224k€230k▲
Income statement
Code20232024
Operating income70/76A€30.92M€28.43M▼
Turnover70€30.68M€28.15M▼
Other operating income74€233k€281k▲
Operating charges60/66A€30.32M€28.01M▼
Goods for resale, raw materials and consumables60€27.05M€24.87M▼
Purchases600/8€29.02M€23.98M▼
Change in stocks: decrease (increase)609€-1.97M€886k▲
Services and other goods61€1.28M€1.27M▼
Remuneration, social security and pensions62€1.58M€1.70M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€154k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€191k€18k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€66k€-57k▼
Other operating charges640/8€44k€48k▲
Operating profit (loss)9901€597k€428k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Other financial income752/9€1k€3k▲
Financial charges65/66B€248k€334k▲
Recurring financial charges65€248k€334k▲
Debt charges650€242k€322k▲
Other financial charges652/9€6k€13k▲
Profit (loss) for the period before taxes9903€351k€96k▼
Income taxes67/77€111k€36k▼
Taxes670/3€111k€39k▼
Tax adjustments and reversals of tax provisions77-€4k
Profit (loss) for the period9904€240k€60k▼
Profit (loss) for the period to be appropriated9905€240k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€778k€738k▼
Profit (loss) brought forward from the previous period14P€538k€678k▲
Profit to be distributed694/7€100k-
Return on contributions (dividend)694€100k-
Social balance
Average headcount (FTE)908720.922.2▲
The notes to these accounts (49 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.12M ▲14.3%
3 profitable years in a row build equity to €1.12M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €403k ▲780%
Operating result €621k, net result €403k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-3k ▼103%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 81 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Gent · 3 establishment units since 2002
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.
Brusselsesteenweg 5069050 GentGround area
2.1 ha
Building footprint
4,636 m²
Volume, LiDAR
20,722 m³
3 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
CIAC TOYOTA GENT
since 20022.095.602.747
Toyota CIAC Aalst
since 20192.295.417.502
Lexus Gent
since 20192.295.417.601
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0120/00M012 | Flanders | 1.1 ha | 1 · 1,090 m² | 7.9 m |
| 41303D0737/00P003 | Flanders | 1.0 ha | 1 · 3,473 m² | 8.2 m · 2 fl. |
| 44362B0226/00Y010indicative | Flanders | 83 m² | 1 · 73 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsAutotechnieken duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,832 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 formPublic limited company
Founded10-12-2001
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)
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:ciacledeberg@toyotabelgium.net
Phone:09/231.78.78
Fax:09/231.72.21