MOTORSERVICE V.L.S.
ActiveSummary
MOTORSERVICE V.L.S. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €12k. Equity is growing by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-1
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.42 against 4.21 in 2024; short-term debt: 19% and cash: 0.6% of total assets), and 22.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.2%
Return on assets
14.8%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
25 d late
2023
58 d late
2022
23 d late
2021
33 d early
2020
144 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€62k▲ 23.7%
2024 · €50k
2018: €5k
2019: €2k
2020: €13k
2021: €7k
2022: €20k
2023: €38k
2024: €50k
2018 → 2025
Total assets
€80k▲ 6.5%
2024 · €75k
2018: €20k
2019: €18k
2020: €31k
2021: €23k
2022: €35k
2023: €48k
2024: €75k
2018 → 2025
Net result
€12k▲ 4.1%
2024 · €11k
2018: €-9k
2019: €-3k
2020: €11k
2021: €-6k
2022: €13k
2023: €19k
2024: €11k
2018 → 2025
Working capital
€52k▲ 22.1%
2024 · €42k
2018: €-13k
2019: €-11k
2020: €-8k
2021: €-7k
2022: €13k
2023: €38k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€20k▲ 198%€38k▲ 95.5%€50k▲ 29.5%€62k▲ 23.7%
Operating result€-6k-€13k€19k▲ 43.3%€18k▼ 7.9%€18k▲ 1.8%
Net result€-6k-€13k€19k▲ 43.7%€11k▼ 39.6%€12k▲ 4.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€13k ▼ 33.2%
Current assets
€67k ▲ 20.3%
Equity and liabilities €80k
Equity
€62k ▲ 23.7%
Debt
€18k ▼ 27.6%
Debt's share of the balance-sheet total falls from 33.5% to 22.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2024 · €24k
Cash flow
€18k▲
2024 · €18k
Current ratio
4.42▲
2024 · 4.21
Debt to equity
0.30▼
2024 · 0.50
ROE
19.2%▼
2024 · 22.8%
ROA
14.8%▼
2024 · 15.1%
Interest coverage
20.58▲
2024 · 18.07
Debt ≤ 1 year
€15k▲
2024 · €13k
Debt > 1 year
€3k▼
2024 · €12k
Income taxes
€5k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€75k€80k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Furniture and vehicles24€19k€13k▼
Financial fixed assets28€90€90=
Current assets29/58€56k€67k▲
Amounts receivable within one year40/41€55k€66k▲
Trade receivables40€55k€66k▲
Other amounts receivable41€4€538▲
Cash at bank and in hand54/58€299€458▲
Equity and liabilities
Total equity and liabilities10/49€75k€80k▲
Equity10/15€50k€62k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€31k€43k▲
Distributable reserves133€31k€43k▲
Amounts payable17/49€25k€18k▼
Amounts payable after more than one year17€12k€3k▼
Financial debts170/4€12k€3k▼
Amounts payable within one year42/48€13k€15k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€1k€591▼
Taxes450/3€1k€591▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€710▼
Gross operating margin9900€25k€25k▼
Operating profit (loss)9901€18k€18k▲
Financial income75/76B€0€11▲
Recurring financial income75€0€11▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€16k€17k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Transfer to equity691/2€11k€12k▲
To other reserves6921€11k€12k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Highest result since 2018net €19k ▲43.7%
Operating result €19k, net result €19k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.23
Current ratio from 1.85 to 5.23; short-term debt falls from €15k to €9k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.85
Current ratio from 0.56 to 1.85; short-term debt falls from €16k to €15k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Truiden · 1 establishment unit since 2002
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.
Aalst-Dorp 33800 Sint-TruidenGround area
301 m²
Building footprint
64 m²
Volume, LiDAR
427 m³
Parcel 71001A0378/00D000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aalst-Dorp 3, 3800 Sint-Truiden
since 20022.099.103.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71001A0378/00D000 | Flanders | 301 m² | 1 · 64 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
GARAGE G.M.J.
BE 0886.885.351
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GEECOBIKES
BE 0632.580.055
Opwijk · Eq €60,862
L.J. KERKHOFS
BE 0446.574.142
Peer · Eq €62,489
JOMA RACING
BE 0462.557.762
Arendonk · Eq €60,782
TT2000
BE 0793.991.619
Quaregnon · Eq €60,709
Of 1,128 companies in sector 47830 we hold annual accounts for 468. 365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
47632Retail sale of bicycles
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.