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VASTAUTO

Active
Private limited companyfounded 1977active for 48 yearsRue du Chemin de fer (C.) 12, 7033 Mons, BelgiumKBO/BCE: BE 0417.882.829

Financials · financial year 2025, micro format

2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418070.

Annual accounts 2025 filed on 24-08-2026 at the NBB all 48 filings

Turnover
≈ €450,000
Estimated: probably between €270,000 and €1.0m
Total assets
€220,809▼ 3.0%
2024 · €227,544
Net result
€1,902▼ 18.3%
2024 · €2,326
Working capital
€111,269▲ 1.8%
2024 · €109,268
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 7% lower than in 2024. It is the second fall in a row.

Operating result€6,438 2025 Net result€1,902 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€3,438--€13,537▼ 294%-€22,811▼ 68.5%-€13,405▲ 41.2%-€14,786▼ 10.3%€89,872€6,887▼ 92.3%€6,438▼ 6.5%
Net result-€6,885--€13,347▼ 93.9%-€12,416below the sector's middle half▲ 7.0%-€11,671below the sector's middle half▲ 6.0%-€16,347below the sector's middle half▼ 40.1%€85,686above the sector's middle half€2,326within the sector's middle half▼ 97.3%€1,902within the sector's middle half▼ 18.3%
Equity-€5,681--€19,028▼ 235%-€31,444below the sector's middle half▼ 65.3%-€43,115below the sector's middle half▼ 37.1%-€59,461below the sector's middle half▼ 37.9%€26,225within the sector's middle half€28,551within the sector's middle half▲ 8.9%€30,453within the sector's middle half▲ 6.7%
Total assets€184,470-€162,911▼ 11.7%€146,212within the sector's middle half▼ 10.3%€144,869within the sector's middle half▼ 0.9%€225,204within the sector's middle half▲ 55.5%€278,841within the sector's middle half▲ 23.8%€227,544within the sector's middle half▼ 18.4%€220,809within the sector's middle half▼ 3.0%
Debt€190,151-€181,939▼ 4.3%€177,656▼ 2.4%€187,984▲ 5.8%€284,666▲ 51.4%€252,616▼ 11.3%€198,993▼ 21.2%€190,356▼ 4.3%
Working capital€43,890-€38,503▼ 12.3%€35,764within the sector's middle half▼ 7.1%€35,270within the sector's middle half▼ 1.4%€20,455within the sector's middle half▼ 42.0%€106,541above the sector's middle half▲ 421%€109,268above the sector's middle half▲ 2.6%€111,269above the sector's middle half▲ 1.8%
Solvency-3.1%--11.7%▼ 8.6pp-21.5%below the sector's middle half▼ 9.8pp-29.8%below the sector's middle half▼ 8.3pp-26.4%below the sector's middle half▲ 3.4pp9.4%within the sector's middle half▲ 35.8pp12.5%within the sector's middle half▲ 3.1pp13.8%within the sector's middle half▲ 1.2pp
Current ratio1.40-1.38▼ 0.021.37within the sector's middle half▼ 0.011.33within the sector's middle half▼ 0.041.10within the sector's middle half▼ 0.231.62within the sector's middle half▲ 0.521.93within the sector's middle half▲ 0.312.02within the sector's middle half▲ 0.09
Return on assets (ROA)-3.7%--8.2%▼ 4.5pp-8.5%below the sector's middle half▼ 0.3pp-8.1%below the sector's middle half▲ 0.4pp-7.3%below the sector's middle half▲ 0.8pp30.7%above the sector's middle half▲ 38.0pp1.0%within the sector's middle half▼ 29.7pp0.9%within the sector's middle half▼ 0.2pp
Staff (FTE)1-1=1within the sector's middle half=11=1=1=
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220,809
Fixed assets €684 ▼ 12.8%
Current assets €220,125 ▼ 2.9%
Equity and liabilities €220,809
Equity €30,453 ▲ 6.7%
Debt €190,356 ▼ 4.3%
Debt's share of the balance-sheet total falls from 87.5% to 86.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,538▼
2024 · €7,287
Cash flow
€2,002▼
2024 · €2,726
Quick ratio
1.33▲
2024 · 1.22
Debt to equity
6.25▼
2024 · 6.97
ROE
6.2%▼
2024 · 8.1%
Interest coverage
1.49▼
2024 · 1.65
Debt ≤ 1 year
€108,856▼
2024 · €117,493
Debt > 1 year
€81,500=
2024 · €81,500
Income taxes
€141▲
2024 · €140
Staff costs
€49,997▼
2024 · €56,623
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date1111
full-time1111
in full-time equivalents1111
Average over the year, in full-time equivalents1111
On a permanent contract1111

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€1,000---
Depreciation and write-downs of the year€1,004€2,532€400€400€100

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as VASTAUTO: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €167,000 and €270,000, founded between 1968 and 1983.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
VASTAUTO Mons1977€220,809€30,453€59,235€1,9022025
Garage BIETHERES Vielsalm1981€212,100€175,990€54,754€18,6432025
Etn. RUTS Mol1971€254,406€254,406€55,194-€52,0412025
ETABLISSEMENTS DE RYCKE Rebecq1980€269,774€219,970€50,082-€21,6912024
Technique-auto Bernissart1968€269,240€239,890€52,726€21,4462025
GARAGE MANCINI La Louvière1983€229,313€168,780€37,504€15,2502025
Ferga Soignies1968€166,561€143,012€50,595€20,8532025

They were chosen from the 5,431 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 3,984 companies had the same profile as VASTAUTO has now. Two years later, 1.1% had gone bankrupt and 96.5% were still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
2.3% stopped otherwise
96.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VASTAUTO itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,984 companies, not a prediction for VASTAUTO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€227,544€220,809▼
Fixed assets21/28€784€684▼
Tangible fixed assets22/27€784€684▼
Plant, machinery and equipment23€784€684▼
Current assets29/58€226,761€220,125▼
Amounts receivable after more than one year29€48,383€48,383=
Trade receivables290€48,383€48,383=
Stocks and contracts in progress3€83,362€75,749▼
Stocks30/36€83,362€75,749▼
Amounts receivable within one year40/41€32,798€64,351▲
Trade receivables40€25,960€23,463▼
Other amounts receivable41€6,838€40,888▲
Cash at bank and in hand54/58€62,218€31,643▼
Equity and liabilities
Total equity and liabilities10/49€227,544€220,809▼
Equity10/15€28,551€30,453▲
Contributions10/11€20,451€20,451=
Profit (loss) carried forward14€8,100€10,002▲
Amounts payable17/49€198,993€190,356▼
Amounts payable after more than one year17€81,500€81,500=
Other amounts payable178/9€81,500€81,500=
Amounts payable within one year42/48€117,493€108,856▼
Financial debts43€30,000€30,000=
Credit institutions430/8€30,000€30,000=
Trade debts44€14,205€8,734▼
Suppliers440/4€14,205€8,734▼
Taxes, remuneration and social security45€8,648€7,659▼
Taxes450/3€271€565▲
Remuneration and social security454/9€8,377€7,094▼
Other amounts payable47/48€64,640€62,463▼
Income statement Code20242025
Remuneration, social security and pensions62€56,623€49,997▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€100▼
Other operating charges640/8€6,814€2,604▼
Non-recurring operating charges66A€465€96▼
Gross operating margin9900€71,189€59,235▼
Operating profit (loss)9901€6,887€6,438▼
Financial charges65/66B€4,421€4,395▼
Recurring financial charges65€4,421€4,395▼
Profit (loss) for the period before taxes9903€2,466€2,043▼
Income taxes67/77€140€141▲
Profit (loss) for the period9904€2,326€1,902▼
Profit (loss) for the period to be appropriated9905€2,326€1,902▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,100€10,002▲
Profit (loss) brought forward from the previous period14P€5,774€8,100▲

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€36,955€41,785€49,297€56,623€49,997▼ 11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€484€944€1,004€1,004€2,532€400€400€100▼ 75.0%
Other operating charges640/8---€12,342€2,170€17,202€6,814€2,604▼ 61.8%
Non-recurring operating charges66A----€814€45€465€96▼ 79.3%
Gross operating margin9900€50,126€42,625€26,903€36,896€32,515€156,817€71,189€59,235▼ 16.8%
Operating profit (loss)9901-€3,438-€13,537-€22,811-€13,405-€14,786€89,872€6,887€6,438▼ 6.5%
Financial income75/76B---€5,592€0----
Recurring financial income75€229€3,767€13,756€5,592€0----
Financial charges65/66B---€3,858€1,441€4,055€4,421€4,395▼ 0.6%
Recurring financial charges65€3,676€3,577€3,361€3,858€1,441€4,055€4,421€4,395▼ 0.6%
Profit (loss) for the period before taxes9903-€6,885-€13,347-€12,416-€11,671-€16,228€85,818€2,466€2,043▼ 17.2%
Income taxes67/77----€120€132€140€141▲ 1.0%
Profit (loss) for the period9904-€6,885-€13,347-€12,416-€11,671-€16,347€85,686€2,326€1,902▼ 18.3%
Profit (loss) for the period to be appropriated9905-€6,885-€13,347-€12,416-€11,671-€16,347€85,686€2,326€1,902▼ 18.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€184,470€162,911€146,212€144,869€225,204€278,841€227,544€220,809▼ 3.0%
Formation expenses20€30,518€20,345€10,173------
Fixed assets21/28€1,411€3,624€4,119€3,115€1,583€1,183€784€684▼ 12.8%
Tangible fixed assets22/27€1,411€3,624€4,119€3,115€1,583€1,183€784€684▼ 12.8%
Plant, machinery and equipment23---€3,115€984€884€784€684▼ 12.8%
Furniture and vehicles24----€600€300---
Current assets29/58€152,541€138,942€131,920€141,754€223,621€277,658€226,761€220,125▼ 2.9%
Amounts receivable after more than one year29---€48,383€48,383€48,383€48,383€48,383=
Trade receivables290---€48,383€48,383€48,383€48,383€48,383=
Stocks and contracts in progress3€86,997€70,758€69,689€77,872€85,606€98,743€83,362€75,749▼ 9.1%
Stocks30/36---€77,872€85,606€98,743€83,362€75,749▼ 9.1%
Amounts receivable within one year40/41€8,327€6,945€8,739€8,492€11,364€8,386€32,798€64,351▲ 96.2%
Trade receivables40---€8,488€11,356€8,386€25,960€23,463▼ 9.6%
Other amounts receivable41---€4€8-€6,838€40,888▲ 498%
Cash at bank and in hand54/58€8,834€12,856€5,109€7,007€78,268€122,146€62,218€31,643▼ 49.1%
Equity and liabilities
Total equity and liabilities10/49€184,470€162,911€146,212€144,869€225,204€278,841€227,544€220,809▼ 3.0%
Equity10/15-€5,681-€19,028-€31,444-€43,115-€59,461€26,225€28,551€30,453▲ 6.7%
Contributions10/11€18,592€18,592-€18,592€18,592€20,451€20,451€20,451=
Reserves13€1,859€1,859€1,859€1,859€1,859----
Non-distributable reserves130/1---€1,859€1,859----
Reserves not available under the articles1311---€1,859€1,859----
Profit (loss) carried forward14-€26,132-€39,479-€51,895-€63,566-€79,913€5,774€8,100€10,002▲ 23.5%
Amounts payable17/49€190,151€181,939€177,656€187,984€284,666€252,616€198,993€190,356▼ 4.3%
Amounts payable after more than one year17€81,500€81,500€81,500€81,500€81,500€81,500€81,500€81,500=
Other amounts payable178/9---€81,500€81,500€81,500€81,500€81,500=
Amounts payable within one year42/48€108,651€100,439€96,156€106,484€203,166€171,116€117,493€108,856▼ 7.4%
Financial debts43---€38,000-€30,000€30,000€30,000=
Credit institutions430/8---€38,000-€30,000€30,000€30,000=
Trade debts44€15,159€16,176€16,962€16,962€133,952€16,774€14,205€8,734▼ 38.5%
Suppliers440/4---€16,962€133,952€16,774€14,205€8,734▼ 38.5%
Taxes, remuneration and social security45---€9,416€5,294€17,961€8,648€7,659▼ 11.4%
Taxes450/3---€226€2,030€2,015€271€565▲ 108%
Remuneration and social security454/9---€9,190€3,264€15,946€8,377€7,094▼ 15.3%
Other amounts payable47/48---€42,106€63,920€106,382€64,640€62,463▼ 3.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€6,885-€13,347-€12,416-€11,671-€16,347€85,686€2,326€1,902▼ 18.3%
+ Depreciation and write-downs630€484€944€1,004€1,004€2,532€400€400€100▼ 75.0%
Operating cash flow (approximation)-€6,401-€12,403-€11,412-€10,667-€13,815€86,086€2,726€2,002▼ 26.6%
Investment in fixed assets (approximation)--€3,157-€1,499€0-€1,000€0€0€0-
Change in cash-€4,022-€7,747€1,898€71,261€43,878-€59,928-€30,575▲ 49.0%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 24-08-2026 2026-00418070 NBB
31-12-2024 micro format 23-06-2025 2025-00162559 PDF
31-12-2023 micro format 25-08-2024 2024-00367348 PDF
31-12-2022 micro format 31-08-2023 2023-00391050 PDF
31-12-2021 micro format 30-08-2022 2022-20347406 PDF
31-12-2020 micro format 25-08-2021 2021-56400046 PDF
31-12-2019 micro format 31-07-2020 2020-38900553 PDF
31-12-2018 micro format 30-08-2019 2019-61000516 PDF
31-12-2017 micro format 28-08-2018 2018-52500352 PDF
31-12-2016 micro format 31-08-2017 2017-59700145 PDF

Show all 48 filings

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