SPLICAR
ActiveThe computed 12-month bankruptcy probability of SPLICAR is 1.6% (moderate). The 2025 annual accounts show equity of €76k and a net result of €21k. Equity is growing by ~36% per year across the filed fiscal years. Its solvency ranks better than 38% of 18120 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76=
Solvency45▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.26 in 2024; short-term debt: 61.6% and cash: 12.5% of total assets), and 80% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
27 d late
2023
69 d late
2022
30 d late
2021
30 d late
2020
51 d early
2019
96 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 38.3%
2024 · €55k
2019: €10k
2020: €24k
2021: €35k
2022: €50k
2023: €41k
2024: €55k
2019 → 2025
Total assets
€381k▲ 58.6%
2024 · €240k
2019: €197k
2020: €205k
2021: €194k
2022: €241k
2023: €266k
2024: €240k
2019 → 2025
Net result
€21k▲ 51.9%
2024 · €14k
2019: €4k
2020: €15k
2021: €11k
2022: €15k
2023: €20k
2024: €14k
2019 → 2025
Working capital
€78k▲ 75.1%
2024 · €45k
2019: €11k
2020: €24k
2021: €24k
2022: €24k
2023: €18k
2024: €45k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€50k▲ 41.6%€41k▼ 17.4%€55k▲ 33.7%€76k▲ 38.3%
Operating result€15k-€22k▲ 40.6%€31k▲ 45.4%€24k▼ 23.2%€36k▲ 50.3%
Net result€11k-€15k▲ 36.7%€20k▲ 36.2%€14k▼ 30.3%€21k▲ 51.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€68k▲ 212%
Current assets
€313k▲ 43.3%
Equity and liabilities €381k
Equity
€76k▲ 38.3%
Debt
€305k▲ 64.7%
The debt ratio rises from 77.1% to 80.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €46k
Cash flow
€46k▲
2024 · €36k
Solvency
20.0%▼
2024 · 22.9%
Current ratio
1.33▲
2024 · 1.26
Quick ratio
1.06▲
2024 · 0.77
Debt / equity
4.01▲
2024 · 3.37
ROE
27.7%▲
2024 · 25.2%
ROA
5.5%▼
2024 · 5.8%
Interest coverage
8.17▼
2024 · 18.83
Debt
€305k▲
2024 · €185k
Debt ≤ 1 year
€235k▲
2024 · €174k
Debt > 1 year
€48k▲
2024 · €10k
Income taxes
€8k▼
2024 · €8k
Staff costs
€155k▲
2024 · €118k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€240k€381k▲
Fixed assets21/28€22k€68k▲
Tangible fixed assets22/27€22k€68k▲
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€13k€64k▲
Other tangible fixed assets26€2k€733▼
Financial fixed assets28€363€363=
Current assets29/58€219k€313k▲
Stocks and contracts in progress3€85k€63k▼
Stocks30/36€85k€63k▼
Amounts receivable within one year40/41€119k€188k▲
Trade receivables40€101k€146k▲
Other amounts receivable41€17k€42k▲
Cash at bank and in hand54/58€13k€48k▲
Deferred charges and accrued income490/1€2k€13k▲
Equity and liabilities
Total equity and liabilities10/49€240k€381k▲
Equity10/15€55k€76k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€49k€70k▲
Amounts payable17/49€185k€305k▲
Amounts payable after more than one year17€10k€48k▲
Financial debts170/4€10k€48k▲
Amounts payable within one year42/48€174k€235k▲
Current portion of amounts payable after more than one year42€10k€20k▲
Financial debts43€36k€22k▼
Credit institutions430/8€36k€22k▼
Trade debts44€33k€104k▲
Suppliers440/4€33k€104k▲
Taxes, remuneration and social security45€26k€25k▼
Taxes450/3€14k€4k▼
Remuneration and social security454/9€11k€21k▲
Other amounts payable47/48€70k€64k▼
Accrued charges and deferred income492/3€2k€22k▲
Income statement
Code20242025
Non-recurring operating income76A€634-
Remuneration, social security and pensions62€118k€155k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€25k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€3k€34k▲
Non-recurring operating charges66A€1k€50▼
Gross operating margin9900€169k€255k▲
Operating profit (loss)9901€24k€36k▲
Financial income75/76B€15€1▼
Recurring financial income75€15€1▼
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€22k€29k▲
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€14k€21k▲
Profit (loss) for the period to be appropriated9905€14k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€70k▲
Profit (loss) brought forward from the previous period14P€35k€49k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2019net €21k ▲51.9%
Operating result €36k, net result €21k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
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, Fleurus · 1 establishment unit since 2019
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.
Avenue de Spirou(FL) 326220 FleurusGround area
1.2 ha
Building footprint
2,131 m²
Volume, LiDAR
10,791 m³
2 parcels, Wallonia · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPLICAR
since 20192.288.158.635
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52332B0459/00G003 | Wallonia | 7,436 m² | 1 · 1,541 m² | 12.0 m · 2 fl. |
| 52332B0491/00G003indicative | Wallonia | 4,981 m² | 1 · 590 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Jobi Management
BE 0894.422.746
Genk · Eq €76k
LETATECH
BE 0711.742.151
Zwevegem · Eq €76k
CVD EXCLUSIVE CARS
BE 0668.711.664
Westerlo · Eq €76k
WK Cars
BE 0639.853.669
Zonnebeke · Eq €76k
JEMA
BE 0453.797.672
Brecht · Eq €76k
Of 10,677 companies in sector 47811 we hold annual accounts for 5,222. 3,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2019
Fiscal year end31-12
Activities, NACEBEL
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)
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.