ASD CAR
ActiveSummary
ASD CAR has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-145k) and a net result of €-275k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 572 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-50
Solvency16▼-17
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.63 in 2023; short-term debt: 91.6% and cash: 4.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
-8.6%
Return on assets
-16.3%
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
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-145k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-12-2025, 142 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
142 d late
2023
160 d late
2022
135 d late
2021
101 d late
2020
162 d late
2019
135 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-275k▼ 2,507%
2023 · €-11k
2018: €-15k
2019: €6k
2020: €-20k
2021: €2k
2022: €31k
2023: €-11k
2018 → 2024
Working capital
€-780k▼ 80.8%
2023 · €-431k
2018: €-159k
2019: €-225k
2020: €-238k
2021: €-286k
2022: €-358k
2023: €-431k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€115k-€110k▼ 4.5%€141k▲ 27.9%€130k▼ 7.5%€-145k
Operating result€-16k-€21k€46k▲ 126%€-19k€-238k▼ 1,149%
Net result€-20k-€2k€31k▲ 1,626%€-11k€-275k▼ 2,507%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €238k in 2024 against €19k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.69M
Fixed assets
€923k ▲ 2.6%
Current assets
€771k ▲ 5.0%
Key figures and ratios
EBITDA
€-126k▼
2023 · €81k
Cash flow
€-164k▼
2023 · €90k
Solvency
-8.6%▼
2023 · 8.0%
Current ratio
0.50▼
2023 · 0.63
Quick ratio
0.38▼
2023 · 0.45
Debt to equity
-12.64▼
2023 · 11.57
ROA
-16.3%▼
2023 · -0.6%
Interest coverage
-3.91▼
2023 · 3.87
Debt
€1.84M▲
2023 · €1.50M
Debt ≤ 1 year
€1.55M▲
2023 · €1.17M
Debt > 1 year
€288k▼
2023 · €337k
Income taxes
€6k▲
2023 · €3k
Staff costs
€727k▼
2023 · €765k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.63M€1.69M▲
Fixed assets21/28€899k€923k▲
Intangible fixed assets21€122k€106k▼
Tangible fixed assets22/27€767k€806k▲
Land and buildings22€731k€666k▼
Plant, machinery and equipment23€31k€135k▲
Furniture and vehicles24€4k€5k▲
Financial fixed assets28€11k€11k=
Current assets29/58€734k€771k▲
Stocks and contracts in progress3€214k€184k▼
Stocks30/36€214k€184k▼
Amounts receivable within one year40/41€518k€515k▼
Trade receivables40€503k€500k▼
Other amounts receivable41€15k€15k=
Cash at bank and in hand54/58€2k€72k▲
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.69M▲
Equity10/15€130k€-145k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€117k€117k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€115k€115k=
Profit (loss) carried forward14€-6k€-281k▼
Amounts payable17/49€1.50M€1.84M▲
Amounts payable after more than one year17€337k€288k▼
Financial debts170/4€337k€288k▼
Amounts payable within one year42/48€1.17M€1.55M▲
Current portion of amounts payable after more than one year42€93k€50k▼
Financial debts43€231k€164k▼
Credit institutions430/8€231k€164k▼
Trade debts44€368k€826k▲
Suppliers440/4€368k€826k▲
Taxes, remuneration and social security45€355k€215k▼
Taxes450/3€202k€79k▼
Remuneration and social security454/9€153k€136k▼
Other amounts payable47/48€118k€296k▲
Accrued charges and deferred income492/3€329€329=
Income statement
Code20232024
Remuneration, social security and pensions62€765k€727k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€112k▲
Other operating charges640/8€14k€24k▲
Gross operating margin9900€860k€625k▼
Operating profit (loss)9901€-19k€-238k▼
Financial income75/76B€33k€763▼
Recurring financial income75€33k€763▼
Financial charges65/66B€21k€32k▲
Recurring financial charges65€21k€32k▲
Profit (loss) for the period before taxes9903€-7k€-270k▼
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€-11k€-275k▼
Profit (loss) for the period to be appropriated9905€-11k€-275k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-281k▼
Profit (loss) brought forward from the previous period14P€5k€-6k▼
Social balance
Average headcount (FTE)908715.214.3▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 142 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 160 days late
2024
31-12
Financial
Weakest financial yearnet €-275k
Net result drops to €-275k, the lowest in the series.
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 135 days late
2022
31-12
Financial
Highest result since 2018net €31k ▲1626%
Operating result €46k, net result €31k, both a record.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 101 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 162 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2020
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 135 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ath · 1 establishment unit since 2002
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.
Chaussée de Bruxelles(M.E) 3757822 AthGround area
2.0 ha
Building footprint
3,094 m²
Volume, LiDAR
14,491 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chemin Malplaquet(M.E) 2, 7822 Ath
since 20022.115.206.150
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51042B0776/00A004 | Wallonia | 1.5 ha | 1 · 2,476 m² | 7.6 m · 2 fl. |
| 51024A0500/00D000 | Wallonia | 4,728 m² | 1 · 617 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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
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ADS LIEGE
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Liège · Eq €130,529
GARAGE STEVE GODFIRNON
BE 0541.653.542
Verviers · Eq €130,606
Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,358 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.