Result
€33,134 €33,134
Back in profit in 2025, after a loss of €19,930 in 2024.
ESSENTIEL AUTOMOBILE
Lifetime
9 annual accounts with figures on one time axispeak €82,592 (2022)
€57,802▲ €63,126
lowest -€19,930 (2024)
€33,134▲ €53,064
peak €129,831 (2025)
€129,831▲ 34.3%
€472,677▲ 51.1%
Board5 names since 2018
2 directorsZAVAGNO Julien and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from -€5,325 to €57,802Back to profit: €33,134Equity from €96,697 to €129,831Debts from €312,924 to €472,677Cash from €11,698 to €48,423
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The micro format states no turnover.
Debts
€472,677 78% of the balance sheet
Financial debts 24%Suppliers 28%Taxes and wages 6%Other 42%
Of this, €355,373 falls due within a year.
Investments
€10,998 2.8 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€602,508
Larger balance sheet than 84% of companies in wholesale trade. Sector median €172,824 · 13,814 companies.
Checked score
83
Excellent
Financially stronger than 47% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025
09-2025: 1.2%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.4%▼ -0.8 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.2 percentage points vs 07-2026
09-2026: 1.1%▲ +0.3 percentage points vs 08-2026
10-2026: 0.4%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €602,508
Figures for financial year 2025 (filed on 30-09-2026)
Founded in 2016
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 46, micro). It does better than 33% of them on solvency, 27% on liquidity, 46% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as ESSENTIEL AUTOMOBILE has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of ESSENTIEL AUTOMOBILE itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for ESSENTIEL AUTOMOBILE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (2.4 in 2024), above the usual 1.5. Short-term debt is 59% and cash 8% of total assets. However, 78.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 9 filingsDeviation from the deadline
2025
61 days late
2024
29 days late
2023
26 days late
2022
28 days late
2021
39 days early
2020
25 days early
2019
20 days late
← 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 14 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 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 28 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from NNG to ESSENTIEL AUTOMOBILE
Resignation: ZAVAGNO, Julien Lucien Joseph (manager) · Reappointment: ZAVAGNO, Julien Lucien Joseph (director) · “Toutes opérations se rattachant directement ou indirectement au secteur de l’automobile,des véhicules et des…” (deed in French) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649999671
Registered office moved from Engis to Ouffet
New registered office: rue Crossée 1 H à 4590 OUFFET · Previous registered office: Aux Houx 12 G-4480 ENGIS · General meeting of 22-06-2020 · Gazette deed
Registered office moved from Huy to Engis
New registered office: Aux Houx, 12G à 4480 ENGIS · Previous registered office: Chemin de Gabelle, 17 à 4500 Huy · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESSENTIEL AUTOMOBILE Ouffet | €602,508 | €57,802 | 21.5% | - |
| KAR VROOM Watermael-Boitsfort | €529,344 | €46,134 | 64.0% | - |
| OPTICAR BELGIUM Dilbeek | €636,218 | €85,534 | 56.0% | - |
| CALIFORNIA DREAM Sint-Niklaas | €468,698 | €51,640 | 48.0% | - |
| JV AUTOMOTIVE Herzele | €602,640 | €96,847 | 34.3% | - |
| ICOBA Chaudfontaine | €799,091 | €38,905 | 2.4% | - |
| STORE 55 Braine-le-Château | €849,428 | €54,137 | 16.3% | - |
These companies have the same main activity as ESSENTIEL AUTOMOBILE: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €469,000 and €849,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 17-03-2016Normal situation
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 7 others
- Establishment unit
- 2.252.221.6204590 Ouffet, since 17-03-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on ESSENTIEL AUTOMOBILE
ESSENTIEL AUTOMOBILE files the micro format. That format states no turnover. The gross margin rose from €3,017 in 2017 to €57,802 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ESSENTIEL AUTOMOBILE
- What is the company number of ESSENTIEL AUTOMOBILE?
- The company number of ESSENTIEL AUTOMOBILE is 0649.999.671. The VAT number is the same number with BE in front: BE 0649.999.671.
- Where is ESSENTIEL AUTOMOBILE based?
- The registered office is at Crossée 1, 4590 Ouffet.Company details
- What does ESSENTIEL AUTOMOBILE do?
- According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
- What is the legal form of ESSENTIEL AUTOMOBILE?
- ESSENTIEL AUTOMOBILE is a private limited company (BV).
- When was ESSENTIEL AUTOMOBILE founded?
- ESSENTIEL AUTOMOBILE was founded on 17-03-2016.
- Is ESSENTIEL AUTOMOBILE still active?
- Yes, ESSENTIEL AUTOMOBILE is an active enterprise in the KBO register.
- What is the turnover of ESSENTIEL AUTOMOBILE?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €57,802 and 106 comparable companies (NACE 46). It probably lies between €150,000 and €540,000.Financials
- Is ESSENTIEL AUTOMOBILE profitable?
- In financial year 2025, ESSENTIEL AUTOMOBILE made a profit of €33,134.
- Where can I find the annual accounts of ESSENTIEL AUTOMOBILE?
- ESSENTIEL AUTOMOBILE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESSENTIEL AUTOMOBILE due?
- ESSENTIEL AUTOMOBILE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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