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RETRO

Active
Private limited company (pre-2019)founded 198541 yrs activeBarones Ludwina de Borrekenslaan 46, 2630 Aartselaar, BelgiumKBO/BCE: BE 0427.587.579
Summary

The computed 12-month bankruptcy probability of RETRO is 2.5% (moderate). The 2024 annual accounts show negative equity (-€2,873) and a net result of -€2,140. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 2025 sector peers (fiscal year 2024). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Renting and leasing of cars and light motor vehicles
NACE 77110NACE 71100
#5 oldest company in Aartselaar, Administrative and support services sector1 site
Size
€49,470total assets 2024
Equity
-€2,873
Loss
-€2,140
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy chance 12 m
2.5%
Structure
Parent
SAFETY TOOLS AND RELATED TECHNOLOGY · 99.87%
Accounts 63 d overdue
Why 50- Figures for FY 2024 (filed 30-09-2025)- Liquidity: current ratio 0.94, cash €55+ Founded in 1985+ Size: total assets €49,470Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 77, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 19-5
equity -5.8% of total assets
Liquidity 0=
short-term debt 105.8% · cash 0.1%
Profitability 27+9
return on assets -4.3%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (3,143 companies)
Last 20 months 03-2025: 1.1% 04-2025: 1.1%▼ -0.5% vs 03-2025 05-2025: 1.1%▲ +0.2% vs 04-2025 06-2025: 1.2%▲ +9.6% vs 05-2025 07-2025: 1.3%▲ +13.5% vs 06-2025 08-2025: 1.9%▲ +43.2% vs 07-2025 09-2025: 2.1%▲ +10.8% vs 08-2025 10-2025: 0.9%▼ -56.0% vs 09-2025 11-2025: 0.9%● 0.0% vs 10-2025 12-2025: 0.9%● 0.0% vs 11-2025 01-2026: 0.9%● 0.0% vs 12-2025 02-2026: 0.9%● 0.0% vs 01-2026 03-2026: 0.9%▲ +0.2% vs 02-2026 04-2026: 0.9%▼ -0.5% vs 03-2026lowest value 05-2026: 0.9%▲ +0.2% vs 04-2026 06-2026: 1.0%▲ +9.7% vs 05-2026 07-2026: 1.1%▲ +7.5% vs 06-2026 08-2026: 1.7%▲ +55.5% vs 07-2026 09-2026: 1.9%▲ +10.6% vs 08-2026 10-2026: 2.5%▲ +32.6% vs 09-2026highest value
  • Founded in 1985 lowers the probability for this profile
  • Figures for FY 2024 (filed 30-09-2025) raises the probability
  • Size: total assets €49,470 lowers the probability for this profile
  • Liquidity: current ratio 0.94, cash €55 raises the probability
No credit on open account
Liquidity short (current ratio 0.94 against 0.99 in 2023; short-term debt: 105.8% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 77, micro). Better than this share of them on solvency 18%, liquidity 2%, profitability 22%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1985
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Figures for FY 2024 (filed 30-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €49,470
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.94, cash €55
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€2,873
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
89 d late
2022
12 d late
2021
31 d late
2020
30 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€2,873 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€2,140 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: Among the weakest 20% on solvencysector median 31.3% · 2,025 companies -5.8% View
  • Controlled by SAFETY TOOLS AND RELATED… 99.87% View

By topic

Financials

Fiscal year
2024
Total assets
€49,470
Loss
-€2,140
Solvency
-5.8%
Total assets▼ 27.2%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 29-09-2025Annual accounts filed
  2. 28-10-2024Annual accounts filed
  3. 12-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Renting and leasing of cars and light motor…NACE 77110
Founded
15-07-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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