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MAENHOUT AUTOMOTIVE

Active
Private limited companyfounded 2010active for 16 yearsPathoekeweg 11 K, 8000 Brugge, BelgiumKBO/BCE: BE 0826.031.115

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MAENHOUT AUTOMOTIVE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €370,306. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 24% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 20-05-2010 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 4 others
Establishment units
5 establishment units
Financial year end
31 December
Peppol
Reachable since 29-11-2025

Board and ownership

Board
  • DELNICDirector · since 26-06-2023 · permanent representative Peter MAENHOUT
  • NIDEMADirector · since 26-06-2023 · permanent representative Henri MAENHOUT

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€33.0m
▼ 7.7%
Profit
€370,306
▲ 1.4%
Equity
€2.1m
▲ 21.8%
Total assets
€15.4m
▼ 2.5%
Staff
54.2 FTE
▼ 6.1%
Filed on 16-07-2026, 15 days before the deadlineat the National Bank
Score breakdownraises riskEquity €2.1m (13.4% of total assets)Sector: Retail trade (NACE 47)lowers riskFounded in 2010Size: turnover €33.0m, 54.2 FTE, total assets €15.4mShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of medium-sized companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 38+2
equity 13.4% of total assets
Liquidity 20-6
short-term debt 77.5% · cash 9.8%
Profitability 54+9
return on assets 2.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (385 companies, NACE 47, medium-sized)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.4%▼ -0.8 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.16 in 2024), below the usual 1.5. Short-term debt is 77.5% and cash 9.8% of total assets. 86.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, medium-sized). It does better than 31% of them on solvency, 24% on liquidity, 43% on profitability and 47% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €2.1m (13.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: turnover €33.0m, 54.2 FTE, total assets €15.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 5036 sector peers (2025).
NBB · sector comparison
Position among 5036 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
56 days early
2023
56 days early
2022
61 days early
2021
46 days early
2020
51 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 6 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 85% of companies in retail tradesector median €39,952 · 5,035 companies €370,306 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €370,306 5 years View
  • Flemish supportawarded from 2022 to 2025 €202,142 View

Comparable companies

These companies have the same main activity as MAENHOUT AUTOMOTIVE: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €13m and €18m, founded between 2001 and 2012.

CompanyTotal assetsTurnover
MAENHOUT AUTOMOTIVE Brugge€15.4m€33.0m
CARRECT Vilvoorde€16.1m€41.7m
UNICARS Brugge€17.7m€54.3m
L'UNIVERSELLE Herstal€15.5m€53.3m
LA LOUVIERE MOTORS La Louvière€12.7m€35.8m
GP AUTO MOBILE Court-Saint-Etienne€12.9m€18.7m
SCANDIA Liège€14.3m€39.3m
Full comparison

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about MAENHOUT AUTOMOTIVE

What is the company number of MAENHOUT AUTOMOTIVE?
The company number of MAENHOUT AUTOMOTIVE is 0826.031.115. The VAT number is the same number with BE in front: BE 0826.031.115.
Where is MAENHOUT AUTOMOTIVE based?
The registered office is at Pathoekeweg 11 K, 8000 Brugge.Company details
What does MAENHOUT AUTOMOTIVE do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of MAENHOUT AUTOMOTIVE?
The legal form of MAENHOUT AUTOMOTIVE is Private limited company (BV).
When was MAENHOUT AUTOMOTIVE founded?
MAENHOUT AUTOMOTIVE was founded on 20-05-2010.
Is MAENHOUT AUTOMOTIVE still active?
Yes, MAENHOUT AUTOMOTIVE is an active enterprise in the KBO register.
How many employees does MAENHOUT AUTOMOTIVE have?
MAENHOUT AUTOMOTIVE had an average of 54.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAENHOUT AUTOMOTIVE?
The turnover of MAENHOUT AUTOMOTIVE was €33.0m in financial year 2025, according to the filed annual accounts.
Is MAENHOUT AUTOMOTIVE profitable?
In financial year 2025, MAENHOUT AUTOMOTIVE made a profit of €370,306.
Where can I find the annual accounts of MAENHOUT AUTOMOTIVE?
MAENHOUT AUTOMOTIVE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MAENHOUT AUTOMOTIVE due?
MAENHOUT AUTOMOTIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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