MOTORWEELDE
ActiveMOTORWEELDE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €219k and a net result of €3k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 48% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-36
Solvency62▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.87 in 2023; short-term debt: 43.8% and cash: 12.9% of total assets), but 63.1% 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
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 →
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
61 d late
2022
31 d late
2021
50 d late
2020
130 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€219k▼ 8.9%
2023 · €240k
2018: €148k
2019: €159k
2020: €180k
2021: €216k
2022: €223k
2023: €240k
2018 → 2024
Total assets
€592k▼ 2.3%
2023 · €606k
2018: €499k
2019: €539k
2020: €495k
2021: €595k
2022: €591k
2023: €606k
2018 → 2024
Net result
€3k▼ 91.7%
2023 · €32k
2018: €29k
2019: €11k
2020: €20k
2021: €36k
2022: €7k
2023: €32k
2018 → 2024
Working capital
€156k▼ 16.5%
2023 · €187k
2018: €164k
2019: €165k
2020: €185k
2021: €210k
2022: €209k
2023: €187k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180k-€216k▲ 20.3%€223k▲ 3.4%€240k▲ 7.5%€219k▼ 8.9%
Operating result€43k-€79k▲ 82.5%€26k▼ 67.1%€79k▲ 204%€22k▼ 72.4%
Net result€20k-€36k▲ 81.1%€7k▼ 80.0%€32k▲ 336%€3k▼ 91.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €592k
Fixed assets
€177k▼ 13.2%
Current assets
€415k▲ 3.3%
Equity and liabilities €592k
Equity
€219k▼ 8.9%
Debt
€373k▲ 2.1%
The debt ratio rises from 60.4% to 63.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€42k▼
2023 · €98k
Cash flow
€23k▼
2023 · €51k
Solvency
36.9%▼
2023 · 39.6%
Current ratio
1.60▼
2023 · 1.87
Quick ratio
0.51▼
2023 · 0.56
Debt / equity
1.71▲
2023 · 1.52
ROE
1.2%▼
2023 · 13.2%
ROA
0.4%▼
2023 · 5.2%
Interest coverage
2.37▼
2023 · 5.95
Debt
€373k▲
2023 · €366k
Debt ≤ 1 year
€259k▲
2023 · €215k
Debt > 1 year
€114k▼
2023 · €150k
Income taxes
€2k▼
2023 · €16k
Staff costs
€40k
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€606k€592k▼
Fixed assets21/28€203k€177k▼
Tangible fixed assets22/27€203k€177k▼
Land and buildings22€178k€162k▼
Plant, machinery and equipment23€622-
Furniture and vehicles24€25k€15k▼
Financial fixed assets28€0-
Current assets29/58€402k€415k▲
Stocks and contracts in progress3€282k€284k▲
Stocks30/36€282k€284k▲
Amounts receivable within one year40/41€44k€53k▲
Trade receivables40€30k€37k▲
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€72k€76k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€606k€592k▼
Equity10/15€240k€219k▼
Contributions10/11€25k€25k=
Reserves13€215k€194k▼
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Distributable reserves133€212k€194k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€366k€373k▲
Amounts payable after more than one year17€150k€114k▼
Financial debts170/4€150k€114k▼
Amounts payable within one year42/48€215k€259k▲
Current portion of amounts payable after more than one year42€34k€36k▲
Financial debts43€90k€48k▼
Credit institutions430/8€90k€48k▼
Trade debts44€28k€129k▲
Suppliers440/4€28k€129k▲
Advances received on contracts in progress46€16k-
Taxes, remuneration and social security45€31k€23k▼
Taxes450/3€31k€18k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€15k€24k▲
Accrued charges and deferred income492/3€27-
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62-€40k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€3k€11k▲
Gross operating margin9900€101k€93k▼
Operating profit (loss)9901€79k€22k▼
Financial income75/76B€578€684▲
Recurring financial income75€578€684▲
Financial charges65/66B€32k€18k▼
Recurring financial charges65€16k€18k▲
Non-recurring financial charges66B€16k-
Profit (loss) for the period before taxes9903€48k€5k▼
Income taxes67/77€16k€2k▼
Profit (loss) for the period9904€32k€3k▼
Profit (loss) for the period to be appropriated9905€32k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€3k▼
Transfer from equity791/2€15k€24k▲
Transfer to equity691/2€32k€3k▼
To other reserves6921€32k€3k▼
Profit to be distributed694/7€15k€24k▲
Return on contributions (dividend)694€15k€24k▲
Social balance
Average headcount (FTE)90870.00.8▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼91.7%
Net result drops to €3k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
31-12
Financial
Highest result since 2018net €36k ▲81.1%
Net result €36k, the highest in the series.
31-12
Financial
Equity above €200kEq €216k ▲20.3%
4 profitable years in a row build equity to €216k.
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 130 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 108 days late
2019
31-12
Financial
Equity above €150kEq €159k ▲7.4%
2 profitable years in a row build equity to €159k.
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 77 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ravels · 1 establishment unit since 1990
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.
Welvaartsstraat 62381 RavelsGround area
1,534 m²
Building footprint
710 m²
Volume, LiDAR
2,773 m³
Parcel 13048D0761/00E008, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MOTORWEELDE
since 19902.050.465.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0761/00E008 | Flanders | 1,533 m² | 1 · 710 m² | 4.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,479 EUR awarded · 2,479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,479 EUR | 2,479 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Leiemotors
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Of 1,128 companies in sector 47830 we hold annual accounts for 468. 381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-1990
Fiscal year end31-12
Activities, NACEBEL
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50103
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.