STYLCAR 2
ActiveSTYLCAR 2 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126k and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▲+18
Solvency36▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.1 in 2023; short-term debt: 64% and cash: 10% of total assets), and 88.5% 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 · 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.5%
Return on assets
-1.7%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
1 d early
2022
29 d late
2021
18 d early
2020
101 d late
2019
66 d late
← 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
€-19k▲ 76.8%
2023 · €-81k
2018: €91k
2019: €80k
2020: €133k
2021: €101k
2022: €64k
2023: €-81k
2018 → 2024
Working capital
€-3k
2023 · €54k
2018: €-170k
2019: €-94k
2020: €60k
2021: €139k
2022: €158k
2023: €54k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€157k▲ 182%€221k▲ 40.6%€145k▼ 34.5%€126k▼ 13.0%
Operating result€202k-€371k▲ 83.9%€129k▼ 65.3%€-26k€11k
Net result€133k-€101k▼ 24.0%€64k▼ 37.0%€-81k€-19k▲ 76.8%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €26k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.10M
Fixed assets
€398k▼ 6.4%
Current assets
€698k▲ 18.4%
Equity and liabilities €1.10M
Equity
€126k▼ 13.0%
Debt
€970k▲ 11.5%
The debt ratio rises from 85.8% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57k▲
2023 · €17k
Cash flow
€27k▲
2023 · €-38k
Solvency
11.5%▼
2023 · 14.2%
Current ratio
1.00▼
2023 · 1.10
Quick ratio
0.52▲
2023 · 0.49
Debt / equity
7.71▲
2023 · 6.02
ROE
-15.0%▲
2023 · -56.0%
ROA
-1.7%▲
2023 · -8.0%
Interest coverage
1.88▲
2023 · 0.69
Debt
€970k▲
2023 · €870k
Debt ≤ 1 year
€701k▲
2023 · €536k
Debt > 1 year
€269k▼
2023 · €335k
Staff costs
€522k▼
2023 · €544k
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€1.01M€1.10M▲
Fixed assets21/28€425k€398k▼
Tangible fixed assets22/27€425k€398k▼
Land and buildings22€322k€308k▼
Plant, machinery and equipment23€74k€68k▼
Furniture and vehicles24€29k€22k▼
Leasing and similar rights25€0-
Financial fixed assets28€250€250=
Current assets29/58€590k€698k▲
Stocks and contracts in progress3€329k€330k▲
Stocks30/36€329k€330k▲
Amounts receivable within one year40/41€223k€258k▲
Trade receivables40€223k€258k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€37k€109k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.10M▲
Equity10/15€145k€126k▼
Contributions10/11€20k€20k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€114k€96k▼
Amounts payable17/49€870k€970k▲
Amounts payable after more than one year17€335k€269k▼
Financial debts170/4€335k€269k▼
Amounts payable within one year42/48€536k€701k▲
Current portion of amounts payable after more than one year42€61k€76k▲
Financial debts43€65k€90k▲
Credit institutions430/8€65k€90k▲
Trade debts44€62k€101k▲
Suppliers440/4€62k€101k▲
Advances received on contracts in progress46€24k€40k▲
Taxes, remuneration and social security45€123k€118k▼
Taxes450/3€38k€31k▼
Remuneration and social security454/9€86k€87k▲
Other amounts payable47/48€200k€275k▲
Income statement
Code20232024
Remuneration, social security and pensions62€544k€522k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€46k▲
Other operating charges640/8€18k€15k▼
Gross operating margin9900€579k€593k▲
Operating profit (loss)9901€-26k€11k▲
Financial income75/76B€2k€289▼
Recurring financial income75€2k€289▼
Non-recurring financial income76B€2k-
Financial charges65/66B€32k€30k▼
Recurring financial charges65€25k€30k▲
Non-recurring financial charges66B€7k-
Profit (loss) for the period before taxes9903€-56k€-19k▲
Income taxes67/77€25k-
Profit (loss) for the period9904€-81k€-19k▲
Profit (loss) for the period to be appropriated9905€-81k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€96k▼
Profit (loss) brought forward from the previous period14P€195k€114k▼
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
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-81k ▼227%
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Equity above €200kEq €221k ▲40.6%
5 profitable years in a row build equity to €221k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150kEq €157k ▲182%
4 profitable years in a row build equity to €157k.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 101 days late
2020
31-12
Financial
Highest result since 2018net €133k ▲66.6%
Net result €133k, the highest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 113 days late
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 128 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 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, Florennes · 1 establishment unit since 2008
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 du Pont-du-Sansoir, St-A. 475620 FlorennesGround area
2,972 m²
Building footprint
1,074 m²
Parcel 93064C0002/00D007, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Pont-du-Sansoir, St-A. 47, 5620 Florennes
since 20082.170.071.033
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93064C0002/00D007 | Wallonia | 2,972 m² | 1 · 1,074 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
PREAT MOTOR
BE 0471.385.752
Thuin · Eq €126k
SAMA JUNE
BE 0750.510.774
Sint-Pieters-Leeuw · Eq €126k
CONCEPT AUTOMOBILE
BE 0774.492.540
Seraing · Eq €126k
GARAGE FRANKO HENDRICKX
BE 0446.522.771
Zoersel · Eq €126k
AUTOSELUX
BE 1017.341.146
Tellin · Eq €126k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2008
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45112
45204
95319Other maintenance and repair of motor vehicles
46180Agents specialised in the wholesale of other particular products
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.