NAEL CARS
InactiveNAEL CARS was declared bankrupt on 16-12-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 16-12-2025, published in the Belgian State Gazette on 12-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 01-12-2022, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
123 d late
2020
365 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€340
2020 · €-434
2019: €0
2020: €-434
2019 → 2021
Total assets
€42k▲ 13,947%
2020 · €300
2019: €0
2020: €300
2019 → 2021
Net result
€774
2020 · €-7k
2020: €-7k
2020 → 2021
Working capital
€-22k▼ 5,012%
2020 · €-434
2019: €0
2020: €-434
2019 → 2021
Multi-year overview
Available amounts per fiscal year
Line201920202021Trend
Equity€0-€-434€340
Operating result€-7k€782
Net result€-7k€774
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €782 after a loss of €7k in 2020.
Balance-sheet composition
Assets €42k
Fixed assets
€23k
Current assets
€20k
Equity and liabilities €42k
Equity
€340
Debt
€42k
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€6k
Cash flow
€6k
Solvency
0.8%
Current ratio
0.47
Quick ratio
0.47
ROA
1.8%
Interest coverage
657.29
Debt
€42k▲
2020 · €733
Debt ≤ 1 year
€42k▲
2020 · €733
Equity ratios withheld: equity of €340 is too small for a meaningful ratio.
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€300€42k▲
Fixed assets21/28-€23k
Tangible fixed assets22/27-€14k
Furniture and vehicles24-€14k
Financial fixed assets28-€9k
Current assets29/58€300€20k▲
Amounts receivable within one year40/41€225€20k▲
Trade receivables40-€19k
Other amounts receivable41€225€800▲
Cash at bank and in hand54/58€75€0▼
Equity and liabilities
Total equity and liabilities10/49€300€42k▲
Equity10/15€-434€340▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€6k€6k=
Profit (loss) carried forward14€-7k€-6k▲
Amounts payable17/49€733€42k▲
Amounts payable within one year42/48€733€42k▲
Trade debts44€184€14k▲
Suppliers440/4€184€14k▲
Other amounts payable47/48€549€27k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€348€150▼
Non-recurring operating charges66A€110-
Gross operating margin9900€-6k€6k▲
Operating profit (loss)9901€-7k€782▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€8
Recurring financial charges65-€8
Profit (loss) for the period before taxes9903€-7k€774▲
Profit (loss) for the period9904€-7k€774▲
Profit (loss) for the period to be appropriated9905€-7k€774▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-6k▲
Profit (loss) brought forward from the previous period14P€0€-7k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · avec effacement de la faillite de : NAEL CARS AVENUE DE LA METROLOGIE 10/B1, 1130 HAREN. déclarée le 16 décembre 2024 · event 16-12-2025
2024
23-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · NAEL CARS AVENUE DE LA METROLOGIE 10/B1, 1130 HAREN · event 16-12-2024
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 365 days late
2021
31-12
Financial
Back to profitnet €774
Net result €774 after one loss-making year.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTHONY BOCHON AVENUE LOUISE 522 BOITE 1,
1050 IXELLES |
16-12-2024 → present |