VEURNE AUTO
The computed 12-month bankruptcy probability of VEURNE AUTO is 0.3% (very low). The 2024 annual accounts show equity of €2.80M and a net result of €326k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 865 sector peers (fiscal year 2024). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.80M |
| Net result | €326k |
| Staff (FTE) | 7.4 |
| Better than sector | 85% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 58.4% | 17.4% | |
| Net result | €326k | €14k | |
| Equity | €2.80M | €100k | |
| Staff costs | €673k | €219k | |
| Employees (FTE) | 7.4 | 5.6 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €16.13M |
| EBITDA | €582k |
| Net profit | €326k |
| Cash flow | €417k |
| Staff costs | €673k |
| Income taxes | €118k |
| Dividends | €300k |
| Total assets | €4.79M |
| Equity | €2.80M |
| Debt | €1.84M |
| of which ≤ 1y | €1.57M |
| of which > 1y | €250k |
| Working capital | €2.03M |
| Employees (FTE) | 7.4 |
| 2024 | |
|---|---|
| Current ratio | 2.29 |
| Quick ratio | 1.04 |
| Working capital ratio | 42.4% |
| Solvency | 58.4% |
| Debt / equity | 0.66 |
| Long-term debt ratio | 0.09 |
| Interest coverage | 13.58 |
| Gross margin | 13.7% |
| Net margin | 2.0% |
| ROA | 6.8% |
| ROE | 11.6% |
| EBITDA margin | 3.6% |
| Days sales outstanding | 4d |
| Days payable outstanding | 23d |
| Inventory turnover | 7.10 |
| Days inventory (DSI) | 51d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.79M |
| Fixed assets | 21/28 | €1.19M |
| Tangible fixed assets | 22/27 | €1.19M |
| Financial fixed assets | 28 | €359 |
| Current assets | 29/58 | €3.60M |
| Stocks & contracts in progress | 3 | €1.96M |
| Amounts receivable within one year | 40/41 | €306k |
| Cash & bank | 54/58 | €1.27M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.79M |
| Equity | 10/15 | €2.80M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €2.39M |
| Accumulated profits (losses) | 14 | €347k |
| Provisions & deferred taxes | 16 | €151k |
| Amounts payable | 17/49 | €1.84M |
| Amounts payable after one year | 17 | €250k |
| Amounts payable within one year | 42/48 | €1.57M |
| Trade debts payable within one year | 44 | €867k |
| Income statement | ||
| Turnover | 70 | €16.13M |
| Operating result | 9901 | €491k |
| Financial income | 75 | €90 |
| Financial charges | 65 | €48k |
| Result before taxes | 9903 | €444k |
| Income taxes | 67/77 | €118k |
| Net result for the period | 9904 | €326k |
| Result to be appropriated | 9905 | €326k |
| NACE primary | Retail trade(47811) |
| Legal form | Public limited company(014) |
| Incorporation | 16-10-1980 |
| Status | Active |
| Postal code | 8630 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0104/00M005 | Flanders | 322 m² | 1 · 160 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | VEURNE AUTO |