Inchcape Belgium Retail
ActiveInchcape Belgium Retail has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.35M and a net result of €394k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 22% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-4
Solvency35▼-64
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days only on tighter terms
Liquidity short (current ratio 0.89 against 84.64 in 2023; short-term debt: 89.1% and cash: 8.4% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
10.3%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 6537 sector peers (2024).
NBB · sector comparisonPosition among 6537 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €6.35M
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
55 d early
2022
54 d early
2021
37 d early
2020
143 d late
2019
144 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€394k▲ 1,222%
2023 · €30k
2018: €-33k
2019: €-10k
2020: €-17k
2021: €-25k
2022: €3k
2023: €30k
2018 → 2024
Working capital
€-6.20M
2023 · €1.41M
2018: €1.43M
2019: €1.42M
2020: €1.41M
2021: €1.38M
2022: €1.38M
2023: €1.41M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.05M-€1.02M▼ 2.4%€1.02M▲ 0.3%€1.05M▲ 2.9%€6.35M▲ 503%
Operating result€-17k-€-19k▼ 11.4%€-8k▲ 58.8%€-19k▼ 143%€340k
Net result€-17k-€-25k▼ 51.2%€3k€30k▲ 938%€394k▲ 1,222%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €340k after a loss of €19k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61.44M
Fixed assets
€12.89M
Current assets
€48.56M
Equity and liabilities €61.44M
Equity
€6.35M▲ 503%
Provisions
€52k▼ 85.6%
Debt
€55.04M▲ 325,651%
The debt ratio rises from 1.2% to 89.6%. Equity and debt are higher.
Key figures and ratios
Solvency
10.3%▼
2023 · 73.6%
Current ratio
0.89▼
2023 · 84.64
Quick ratio
0.43▼
2023 · 84.64
Debt / equity
8.67▲
2023 · 0.02
ROE
6.2%▲
2023 · 2.8%
ROA
0.6%▼
2023 · 2.1%
Debt
€55.04M▲
2023 · €17k
Debt ≤ 1 year
€54.76M▲
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.43M€61.44M▲
Formation expenses20-€0
Fixed assets21/28-€12.89M
Intangible fixed assets21-€9.00M
Tangible fixed assets22/27-€3.88M
Land and buildings22-€2.47M
Plant, machinery and equipment23-€423k
Furniture and vehicles24-€152k
Other tangible fixed assets26-€837k
Financial fixed assets28-€5k
Current assets29/58€1.43M€48.56M▲
Stocks and contracts in progress3-€24.98M
Stocks30/36-€24.98M
Amounts receivable within one year40/41€1.33M€18.19M▲
Trade receivables40€61k€16.86M▲
Other amounts receivable41€1.27M€1.33M▲
Current investments50/53€96k-
Cash at bank and in hand54/58-€5.14M
Deferred charges and accrued income490/1-€252k
Equity and liabilities
Total equity and liabilities10/49€1.43M€61.44M▲
Equity10/15€1.05M€6.35M▲
Contributions10/11€425k€5.43M▲
Capital10€425k€5.43M▲
Issued capital100€425k€5.43M▲
Reserves13€1.26M€1.16M▼
Non-distributable reserves130/1€155k€58k▼
Legal reserve130€58k€58k=
Own shares acquired1312€96k-
Tax-exempt reserves132-€186
Distributable reserves133€1.10M€1.10M=
Profit (loss) carried forward14€-629k€-235k▲
Provisions and deferred taxes16€360k€52k▼
Provisions for liabilities and charges160/5€360k€52k▼
Other liabilities and charges164/5€360k€52k▼
Amounts payable17/49€17k€55.04M▲
Amounts payable within one year42/48€17k€54.76M▲
Financial debts43-€21.03M
Other loans439-€21.03M
Trade debts44€17k€30.28M▲
Suppliers440/4€17k€30.28M▲
Bills of exchange payable441-€0
Advances received on contracts in progress46-€1.54M
Taxes, remuneration and social security45-€1.91M
Taxes450/3-€953k
Remuneration and social security454/9-€954k
Accrued charges and deferred income492/3-€282k
Income statement
Code20232024
Non-recurring operating income76A-€360k
Other operating charges640/8-€307
Gross operating margin9900€-19k€341k▲
Operating profit (loss)9901€-19k€340k▲
Financial income75/76B€50k€54k▲
Recurring financial income75€50k€54k▲
Financial charges65/66B€858€972▲
Recurring financial charges65€858€972▲
Profit (loss) for the period before taxes9903€30k€394k▲
Profit (loss) for the period9904€30k€394k▲
Profit (loss) for the period to be appropriated9905€30k€394k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-629k€-235k▲
Profit (loss) brought forward from the previous period14P€-659k€-629k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €394k ▲1222%
Operating result €340k, net result €394k, both a record.
31-12
Financial
Equity above €5MEq €6.35M ▲503%
3 profitable years in a row build equity to €6.35M.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
31-12
Financial
Liquidity times 9current ratio 841.95
Current ratio from 92.02 to 841.95; short-term debt falls from €15k to €2k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 143 days late
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 105 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-06
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
23 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, Zaventem · 9 establishment units since 1997
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.
Leuvensesteenweg 3691932 ZaventemGround area
9.7 ha
Building footprint
4.5 ha
Volume, LiDAR
290,997 m³
8 parcels, Brussels, Flanders · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
9 establishment units
TOYOTA CITY ZAVENTEM
since 19972.080.583.088
LEXUS ANTWERP
since 20012.080.583.484
Toyota & Lexus Zaventem
since 20122.224.053.117
Bravoauto
since 20222.336.601.128
Bravoauto
since 20232.342.783.689
Toyota City Approved Used Woluwe
since 20242.363.630.375
Show 3 more locations
BYD
since 20252.368.989.527
BYD
since 20252.368.990.022
Build Your Dreams
since 20252.368.990.319
8 parcels
Flanders
7
(87.5%)
Brussels
1
(12.5%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0197/00H000 | Brussels | 3.1 ha | 1 · 2.2 ha | 15.4 m · 3 fl. |
| 23772B0096/00K000 | Flanders | 2.1 ha | 1 · 9,880 m² | - |
| 23015B0253/00X000 | Flanders | 2.1 ha | 1 · 3,948 m² | 9.0 m · 2 fl. |
| 23772C0435/00_000 | Flanders | 7,491 m² | 1 · 3,084 m² | 8.6 m |
| 23078A0295/00G000 | Flanders | 6,388 m² | 1 · 1,911 m² | 19.1 m · 5 fl. |
| 11050A0120/00C000 | Flanders | 6,161 m² | 1 · 2,644 m² | 8.9 m · 2 fl. |
| 11050A0340/00M003 | Flanders | 2,232 m² | 1 · 875 m² | 8.5 m · 1 fl. |
| 44064B0044/02E000 | Flanders | 1,602 m² | 1 · 721 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 7
8 of 8 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
3 live approvalsOnthaal, organisatie en sales duaal (so)
Polyvalent administratief ondersteuner (vwo)
Polyvalent administratief ondersteuner duaal (so)
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GARAGE NOVA
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 1,302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.