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LUXAUTO

Active
Public limited companyfounded 1953active for 73 yearsRoterijstraat 109, 8790 Waregem, BelgiumKBO/BCE: BE 0400.062.444
Summary

LUXAUTO has been active since 1953 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of -€517,861. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 80% of 534 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Renting and leasing of cars and light motor vehicles
NACE 77110
Oldest company in West Flanders, Rental and leasing sector8 sites
Size
€30.8mturnover 2025
Staff
30.8 FTE
Equity
€9.0m
Loss
-€517,861
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
ZILVERPIJL · 100%
Accounts filed 31 days late1 of 18 deeds read
Why 70raises riskLiquidity: current ratio 4.93, cash €23,818Loss of €517,861 (financial year 2025)Latest accounts 31 days late; 1 of the last 3 latelowers riskFounded in 1953Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 77, small)
Financial strength · tick = 2024
Average
Solvency 100=
equity 79.2% of total assets
Liquidity 45=
short-term debt 18.6% · cash 0.2%
Profitability 26-11
return on assets -4.6%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (466 companies, NACE 77, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.93, compared with 5.35 in 2024, above the usual 1.5; short-term debt: 18.6% and cash: 0.2% of total assets), and 20.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 77, small): better than 92% on solvency, 48% on liquidity, 11% on profitability and 22% on growth.

The bankruptcy probability was computed on 20-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1953
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 4.93, cash €23,818
NBB · annual accounts
raises risk · Loss of €517,861 (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 days late
2024
16 days early
2023
20 days early
2022
16 days late
2021
33 days early
2020
44 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% 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 15 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€517,861
  3. Resignations & appointmentsPower of attorney

Key points

  • Caution: From profit to loss in 2025after €155,219 in 2024 -€517,861 View
  • Caution: Among the weakest 6% on net resultsector median €52,031 · 534 companies -€517,861 View
  • Controlled by ZILVERPIJLultimately: GULLWING 100% View
  • Active since 1953founded 25-02-1953 73 years View

By topic

Financials

Financial year
2025
Turnover
€30.8m
Loss
-€517,861
Solvency
79.2%
Turnover▼ 9.3%
Net result
20182025
Go to Financials

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 15-07-2025Annual accounts filed
  2. 11-07-2024Annual accounts filed
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
8
Legal form
Public limited company
Activity
Renting and leasing of cars and light motor…NACE 77110
Founded
25-02-1953
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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