SECOND LIFE CAR
ActiveSECOND LIFE CAR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167k and a net result of €80k. Equity is growing by ~35.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 3540 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+1
Solvency80▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 2.02 in 2023; short-term debt: 45.5% and cash: 38.9% of total assets), and 45.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
203 d late
2020
344 d late
2017
344 d late
2016
12 d early
2015
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€80k▲ 39.8%
2023 · €57k
2020: €-41k
2023: €57k
2020 → 2024
Working capital
€146k▲ 36.1%
2023 · €107k
2020: €-28k
2023: €107k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020232024Trend
Equity€-19k-€132k€167k▲ 26.5%
Operating result€6k-€79k▲ 1,299%€110k▲ 39.1%
Net result€-41k-€57k€80k▲ 39.8%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 39% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €306k
Fixed assets
€21k▼ 14.7%
Current assets
€285k▲ 34.2%
Equity and liabilities €306k
Equity
€167k▲ 26.5%
Debt
€139k▲ 32.3%
The debt ratio rises from 44.4% to 45.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▲
2023 · €84k
Cash flow
€85k▲
2023 · €62k
Solvency
54.5%▼
2023 · 55.6%
Current ratio
2.05▲
2023 · 2.02
Quick ratio
1.47▲
2023 · 1.17
Debt / equity
0.83▲
2023 · 0.80
ROE
47.9%▲
2023 · 43.4%
ROA
26.1%▲
2023 · 24.1%
Interest coverage
130.09▼
2023 · 147.92
Debt
€139k▲
2023 · €105k
Debt ≤ 1 year
€139k▲
2023 · €105k
Income taxes
€29k▲
2023 · €23k
Staff costs
€58k▼
2023 · €82k
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€237k€306k▲
Fixed assets21/28€25k€21k▼
Tangible fixed assets22/27€25k€21k▼
Plant, machinery and equipment23€19k€16k▼
Furniture and vehicles24€5k€5k▼
Other tangible fixed assets26€320€192▼
Financial fixed assets28€107€107=
Current assets29/58€212k€285k▲
Stocks and contracts in progress3€89k€81k▼
Stocks30/36€89k€81k▼
Amounts receivable within one year40/41€48k€79k▲
Trade receivables40€25k€12k▼
Other amounts receivable41€23k€66k▲
Cash at bank and in hand54/58€75k€119k▲
Deferred charges and accrued income490/1€367€6k▲
Equity and liabilities
Total equity and liabilities10/49€237k€306k▲
Equity10/15€132k€167k▲
Contributions10/11€19k€19k=
Reserves13€24k€24k=
Tax-exempt reserves132€22k€22k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€89k€124k▲
Amounts payable17/49€105k€139k▲
Amounts payable within one year42/48€105k€139k▲
Financial debts43€384€2k▲
Credit institutions430/8€384€2k▲
Trade debts44€30k€20k▼
Suppliers440/4€30k€20k▼
Taxes, remuneration and social security45€16k€25k▲
Taxes450/3€6k€19k▲
Remuneration and social security454/9€10k€6k▼
Other amounts payable47/48€58k€93k▲
Income statement
Code20232024
Remuneration, social security and pensions62€82k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€1k€1k▲
Gross operating margin9900€171k€175k▲
Operating profit (loss)9901€79k€110k▲
Financial income75/76B€1k€26▼
Recurring financial income75€1k€26▼
Financial charges65/66B€566€881▲
Recurring financial charges65€566€881▲
Profit (loss) for the period before taxes9903€80k€109k▲
Income taxes67/77€23k€29k▲
Profit (loss) for the period9904€57k€80k▲
Profit (loss) for the period to be appropriated9905€57k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€137k€169k▲
Profit (loss) brought forward from the previous period14P€80k€89k▲
Profit to be distributed694/7€48k€45k▼
Return on contributions (dividend)694€48k€45k▼
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 203 days late
2024
31-12
Financial
Highest result since 2020net €80k ▲39.8%
Operating result €110k, net result €80k, both a record.
31-12
Financial
Equity above €150kEq €167k ▲26.5%
2 profitable years in a row build equity to €167k.
2023
31-12
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.02
Current ratio from 0.94 to 2.02; short-term debt falls from €467k to €105k.
31-12
Financial
Equity above €100kEq €132k
Equity rises from €-19k to €132k.
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 344 days late
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 344 days late
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Fernelmont · 1 establishment unit since 2014
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.
Rue de Hannut, Bierw. 95380 FernelmontGround area
1.3 ha
Building footprint
158 m²
Parcel 92012A0168/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Second Life Car sprl
since 20142.238.039.824
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92012A0168/00K000indicative | Wallonia | 1.3 ha | 1 · 158 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493008TCK6MP8PIXP43
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Of 7,377 companies in sector 95311 we hold annual accounts for 2,957. 2,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2014
Fiscal year end31-12
Abbreviation FR
S L C
Activities, NACEBEL
95313Repair and fitting of specific motor vehicle parts
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:beniphil@hotmail.com
Phone:0475/918 466