IDEAL - AUTO
ActiveSummary
For IDEAL - AUTO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€17,114) and a net result of €7,741. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 19% of 24612 sector peers (fiscal year 2023). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability74▲+65
Solvency16▲+12
Growth35▲+13
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-9.1%
Return on assets
4.1%
Age of the figures
33 mo
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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-10-2024, 90 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
90 d late
2021
31 d late
2020
87 d late
2019
144 d late
2018
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 83 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€33,973▲ 6.7%
2020 · €31,836
EBIT margin
-13.6%▼ 31.2pp
2020 · 17.6%
Net result
€7,741
2021 · -€8,628
Working capital
€132,988▲ 26.3%
2021 · €105,259
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212023
Turnover€86,917-€42,357▼ 51.3%€31,836▼ 24.8%€33,973▲ 6.7%
Operating result€33,637-€347▼ 99.0%€5,596▲ 1,511%-€4,633€9,330-
Net result€28,372--€4,520€722within the sector's middle half-€8,628below the sector's middle half€7,741within the sector's middle half-
EBIT margin38.7%-0.8%▼ 37.9pp17.6%▲ 16.8pp-13.6%▼ 31.2pp
Equity-€27,667--€32,187▼ 16.3%-€31,465below the sector's middle half▲ 2.2%-€40,093below the sector's middle half▼ 27.4%-€17,114below the sector's middle half-
Total assets€187,757-€192,829▲ 2.7%€195,058within the sector's middle half▲ 1.2%€195,563within the sector's middle half▲ 0.3%€187,706within the sector's middle half-
Debt€215,424-€225,016▲ 4.5%€226,523▲ 0.7%€235,656▲ 4.0%€204,820-
Working capital€50,327-€93,698▲ 86.2%€95,960above the sector's middle half▲ 2.4%€105,259above the sector's middle half▲ 9.7%€132,988above the sector's middle half-
Solvency-14.7%--16.7%▼ 2.0pp-16.1%below the sector's middle half▲ 0.6pp-20.5%below the sector's middle half▼ 4.4pp-9.1%below the sector's middle half-
Current ratio1.53-2.59▲ 1.062.59within the sector's middle half=2.98above the sector's middle half▲ 0.397.45above the sector's middle half-
Return on assets (ROA)15.1%--2.3%▼ 17.5pp0.4%within the sector's middle half▲ 2.7pp-4.4%below the sector's middle half▼ 4.8pp4.1%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €9,330 in 2023, compared with -€4,633 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €187,706
Fixed assets
€34,100 ▼ 8.2%
Current assets
€153,606 ▼ 3.0%
Equity and liabilities
Equity-€17,114
Debt€204,820
Equity is negative: debt (€204,820) exceeds the balance-sheet total (€187,706).
Key figures and ratios
EBITDA
€10,846▲
2021 · -€3,181
Cash flow
€9,257▲
2021 · -€7,176
Quick ratio
0.26▲
2021 · 0.19
Interest coverage
6.83▲
2021 · -0.80
Debt ≤ 1 year
€20,618▼
2021 · €53,173
Debt > 1 year
€184,202▲
2021 · €182,484
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €86,917 | €42,357 | €31,836 | €33,973 | - | - |
| Non-recurring operating income76A | - | - | - | €192 | €792 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €43,287 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,542 | €1,541 | €1,541 | €1,452 | €1,516 | - |
| Other operating charges640/8 | - | - | - | €6,059 | €6,213 | - |
| Gross operating margin9900 | €40,511 | €7,613 | €13,173 | €2,878 | €17,059 | - |
| Operating profit (loss)9901 | €33,637 | €347 | €5,596 | -€4,633 | €9,330 | - |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | €6 | €1 | €0 | - | €0 | - |
| Financial charges65/66B | - | - | - | €3,995 | €1,589 | - |
| Recurring financial charges65 | €5,271 | €4,867 | €4,874 | €3,995 | €1,589 | - |
| Profit (loss) for the period before taxes9903 | €28,372 | -€4,520 | €722 | -€8,628 | €7,741 | - |
| Profit (loss) for the period9904 | €28,372 | -€4,520 | €722 | -€8,628 | €7,741 | - |
| Profit (loss) for the period to be appropriated9905 | €28,372 | -€4,520 | €722 | -€8,628 | €7,741 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187,757 | €192,829 | €195,058 | €195,563 | €187,706 | - |
| Fixed assets21/28 | €41,666 | €40,125 | €38,584 | €37,132 | €34,100 | - |
| Tangible fixed assets22/27 | €41,666 | €40,125 | €38,584 | €37,132 | €34,100 | - |
| Land and buildings22 | - | - | - | €37,132 | €34,100 | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - |
| Current assets29/58 | €146,091 | €152,704 | €156,473 | €158,431 | €153,606 | - |
| Stocks and contracts in progress3 | €136,481 | €147,913 | €148,431 | €148,209 | €148,190 | - |
| Stocks30/36 | - | - | - | €148,209 | €148,190 | - |
| Amounts receivable within one year40/41 | €1,272 | €4,133 | €6,157 | €4,297 | - | - |
| Trade receivables40 | - | - | - | €4,297 | - | - |
| Cash at bank and in hand54/58 | €7,246 | - | €1,205 | €5,793 | €4,595 | - |
| Deferred charges and accrued income490/1 | - | - | - | €133 | €821 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187,757 | €192,829 | €195,058 | €195,563 | €187,706 | - |
| Equity10/15 | -€27,667 | -€32,187 | -€31,465 | -€40,093 | -€17,114 | - |
| Contributions10/11 | €49,580 | €49,580 | €49,580 | €49,580 | €49,580 | - |
| Capital10 | - | - | - | €49,580 | €49,580 | - |
| Issued capital100 | - | - | - | €49,580 | €49,580 | - |
| Reserves13 | €7,795 | €7,794 | €7,794 | €7,794 | €7,794 | - |
| Non-distributable reserves130/1 | - | - | - | €4,056 | €4,056 | - |
| Legal reserve130 | - | - | - | €4,056 | €4,056 | - |
| Distributable reserves133 | - | - | - | €3,738 | €3,738 | - |
| Profit (loss) carried forward14 | -€85,041 | -€89,561 | -€88,839 | -€97,467 | -€74,488 | - |
| Amounts payable17/49 | €215,424 | €225,016 | €226,523 | €235,656 | €204,820 | - |
| Amounts payable after more than one year17 | €119,660 | €166,010 | €166,010 | €182,484 | €184,202 | - |
| Financial debts170/4 | - | - | - | €182,484 | €184,202 | - |
| Amounts payable within one year42/48 | €95,764 | €59,006 | €60,513 | €53,173 | €20,618 | - |
| Financial debts43 | - | - | - | €36,444 | €0 | - |
| Credit institutions430/8 | - | - | - | €36,444 | €0 | - |
| Trade debts44 | €1,983 | €5,664 | €5,822 | €8,472 | €12,447 | - |
| Suppliers440/4 | - | - | - | €8,472 | €12,447 | - |
| Taxes, remuneration and social security45 | - | - | - | €8,256 | €7,449 | - |
| Taxes450/3 | - | - | - | €8,256 | €7,449 | - |
| Other amounts payable47/48 | - | - | - | - | €722 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,372 | -€4,520 | €722 | -€8,628 | €7,741 | - |
| + Depreciation and write-downs630 | €1,542 | €1,541 | €1,541 | €1,452 | €1,516 | - |
| Operating cash flow (approximation) | €29,913 | -€2,979 | €2,263 | -€7,176 | €9,257 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | - | - | €4,588 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Back to profitnet €7,741
Net result €7,741 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.45
Current ratio from 2.98 to 7.45; short-term debt falls from €53,173 to €20,618.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€8,628
Net result drops to -€8,628, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €722
Net result €722 after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 144 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 175 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
10-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 10 days late
2014
11-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Châtelet · 1 establishment unit since 1987
Ground area
1,062 m²
Building footprint
681 m²
Parcel 52502C0010/00X002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Gilly 624, 6200 Châtelet
since 19872.031.744.182
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52502C0010/00X002 | Wallonia | 1,062 m² | 1 · 680 m² | - |
Linked by address, not proof of ownership
Good to know
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 and region
AF CAR
BE 0540.783.809
Châtelet
AMC CARS
BE 0801.479.029
Châtelet
ARAMEX AUTOS
BE 0827.666.059
Châtelet
ATG GROUPE
BE 0773.973.193
Châtelet
AUTO ADA
BE 0830.685.927
Châtelet
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,654 companies in this sector we hold annual accounts for 5,227. See the whole sector
Company details
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded24-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431074037
Registered
08-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.