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Generated 21-08-2026
Active BE 0825.650.835Private limited company (pre-2019)Open bankruptcy

de Vries Motors

Vlaamse-gaailaan(MEL) 24 ·9120 Beveren-Kruibeke-Zwijndrecht, Belgium· 16 yrs active
Sector: Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton) (47811)
Conclusion Checked

A bankruptcy procedure is open for de Vries Motors according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-30k) and a net result of €-56k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-30k
Net result €-56k
Staff (FTE) 0.8
Better than sector 14%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency39Growth32Stability0
34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 39
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 05-09-2023 with the NBB · fiscal year 2022 · micro
€-60k€-40k€-20k€0€20kOperating result 2018: €5k€5kNet result 2018: €11k€11kOperating result 2019: €4k€4kNet result 2019: €11k€11kOperating result 2020: €7k€7kNet result 2020: €12k€12kOperating result 2021: €5k€5kNet result 2021: €169€169Operating result 2022: €-53k€-53kNet result 2022: €-56k€-56k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -32.6% 19.8%
better than 14% of 4418 sector peers
Net result €-56k €2k
better than 5% of 4402 sector peers
Equity €-30k €14k
better than 9% of 4427 sector peers
Gross operating margin €53k €19k
better than 71% of 4392 sector peers
Staff costs €48k €30k
higher than 65% of 1948 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€5k
- 18-22
Net profit
€-56k
- 18-22
Cash flow
€11k
- 18-22
Total assets
€92k
-41.7% 18-22
Equity
€-30k
- 18-22
Working capital
€-30k
- 18-22
Employees (FTE)
1
-38.5% 18-22
Staff costs
€48k
-20.4% 18-22
Show 10 other metrics
Income taxes
€39
-96.8% 18-22
Debt
€122k
-7.2% 18-22
Debt ≤ 1y
€122k
-7.2% 18-22
Debt > 1y
€9k
-54.2% 18-22
Current ratio
0.75
-37.2% 18-22
Quick ratio
0.48
+12.6% 18-22
Solvency
-32.6%
- 18-22
Debt / equity
-4.07
- 18-22
ROE
187.9%
+29113.5% 18-22
ROA
-61.2%
- 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€-56k
Cash flow-
Staff costs€48k
Income taxes€39
Dividends-
Total assets€92k
Equity€-30k
Debt€122k
of which ≤ 1y€122k
of which > 1y-
Working capital€-30k
Employees (FTE)0.8
Ratios (computed)
2022
Current ratio0.75
Quick ratio0.48
Working capital ratio-32.6%
Solvency-32.6%
Debt / equity-4.07
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-61.2%
ROE187.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€92k
Current assets 29/58€92k
Stocks & contracts in progress 3€34k
Amounts receivable within one year 40/41€23k
Cash & bank 54/58€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€92k
Equity 10/15€-30k
Contributions / capital 10/11€12k
Reserves 13€2k
Accumulated profits (losses) 14€-44k
Amounts payable 17/49€122k
Amounts payable within one year 42/48€122k
Trade debts payable within one year 44€11k
Income statement
Gross operating margin 9900€53k
Operating result 9901€-53k
Financial income 75€11
Financial charges 65€3k
Result before taxes 9903€-56k
Income taxes 67/77€39
Net result for the period 9904€-56k
Result to be appropriated 9905€-56k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Gregory De Vries
    Director
    State Gazette act 23060418 (05-05-2023)
    Current
    01-01-2023 → present
Former directors (1)
  • De Vries Patrick Hubert
    Director
    State Gazette act 23060418 (05-05-2023)
    Former
    - → 01-01-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator ANNE-MARIE LAUREYS
ROOMSTRAAT 40, 9160 LOKEREN
 13-05-2024 → present Belgian State Gazette
Curator MARIE-LAURE DE SMEDT
ROOMSTRAAT 40, 9160 LOKEREN-
 13-05-2024 → present Belgian State Gazette
Legal Structure
NACE primary Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)(47811)
Legal form Private limited company (pre-2019)(015)
Incorporation05-05-2010
StatusActive
Postal code9120
First BS signal 22-05-2024
Latest BS signal 22-05-2024
Establishment units 2 locations
Vlaamse-gaailaan(MEL) 24, 9120 Beveren-Kruibeke-Zwijndrecht
Groothandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
since 20102.191.668.577
Garage Van Beirendonck
Ringlaan 134, 2240 ZandhovenKleinhandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
since 20102.192.604.232
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11054C0131/00G007 Flanders 2,201 m² 1 · 752 m² 9.8 m · 2 fl.
46016C0886/00R000 Flanders 275 m² 1 · 93 m² 10.0 m · 2 fl.
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.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
22-05-2024
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · DE VRIES MOTORS BV VLAAMSE-GAAILAAN(MEL) 24, 9120 BEVEREN-WAAS · event 13-05-2024
2023
05-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
05-05-2023
State Gazette act Director changes
2022
04-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
14-10-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
14-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
09-12-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
03-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
26-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
05-10-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
29-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
26-09-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
Lifecycle & Insolvency Signals1 events
22-05-2024
Bankruptcy Opening
Date: 13-05-2024 · Ondernemingsrechtbank Gent, afdeling Dendermonde · DE VRIES MOTORS BV VLAAMSE-GAAILAAN(MEL) 24, 9120 BEVEREN-WAAS · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-05-22 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
05-05-2023 1 director appointed, 1 resigning Director changes
  • Gregory De Vries, Bestuurder
  • De Vries Patrick Hubert, Bestuurder
Technical details 
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      "role": "bestuurder",
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        "rrn": null,
        "name": "Gregory De Vries",
        "address": "Fuselierstraat 7, 8600 Diksmuide",
        "birth_date": "1990-03-09",
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-01-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "De Vries Patrick Hubert",
        "address": "Vlaamse Gaailaan 24, 9120 Beveren Waas",
        "birth_date": "1964-07-25",
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
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      "effective_date": "2023-01-01",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-05-05",
    "filing_date": "2023-04-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-01-10",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0825.650.835",
    "name_full": "DE VRIES MOTORS",
    "legal_form": "BVBA"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "De Vries Gregory",
    "org_rep_person_name": null,
    "person_role_at_subject": "bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311
Primary activity highlighted.
Names & trade names
Legal nameNL de Vries Motors
Registered office
Vlaamse-gaailaan(MEL) 24
9120 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative