Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of AUTOMOTIVE SYSTEMS HOLDING is 1.9% (moderate). The 2024 annual accounts show equity of €2.34M and a net result of €356k. Equity is shrinking by ~11.4% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 19 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 30-06-2025 | 31 d early | 2025-00220681 |
| 31-12-2023 | 31-07-2024 | 18-06-2024 | 43 d early | 2024-00142653 |
| 31-12-2022 | 31-07-2023 | 12-06-2023 | 49 d early | 2023-00123327 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.9%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+No NACE activity registered
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€356k-21.0%
Working capital€-604k-140.5%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~11.4%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
€356k
-21.0%
22-24
€3.11M
+5.5%
22-24
€2.34M
-13.1%
22-24
€-604k
-140.5%
22-24
€709k
-0.6%
22-24
€775k
+196.9%
22-24
€775k
+196.9%
22-24
0.22
+482.5%
22-24
Show 5 other metrics
0.22
+482.5%
22-24
75.1%
-17.6%
22-24
0.33
+241.7%
22-24
15.2%
-9.1%
22-24
11.4%
-25.1%
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €356k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | €709k |
| Total assets | €3.11M |
| Equity | €2.34M |
| Debt | €775k |
| of which ≤ 1y | €775k |
| of which > 1y | - |
| Working capital | €-604k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.22 |
| Quick ratio | 0.22 |
| Working capital ratio | -19.4% |
| Solvency | 75.1% |
| Debt / equity | 0.33 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 11.4% |
| ROE | 15.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.11M |
| Fixed assets | 21/28 | €2.94M |
| Financial fixed assets | 28 | €2.94M |
| Current assets | 29/58 | €171k |
| Cash & bank | 54/58 | €171k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.11M |
| Equity | 10/15 | €2.34M |
| Contributions / capital | 10/11 | €998k |
| Reserves | 13 | €392k |
| Accumulated profits (losses) | 14 | €949k |
| Amounts payable | 17/49 | €775k |
| Amounts payable within one year | 42/48 | €775k |
| Income statement | ||
| Gross operating margin | 9900 | €-283 |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €362k |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €356k |
| Net result for the period | 9904 | €356k |
| Result to be appropriated | 9905 | €356k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed52
/ 100
Fair
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
3 directors4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
Current25-07-2024 → present
Former directors (2)
-
All TogetherLegal entityDirector· perm. rep.: Bruno SegersState Gazette act 25164444 (30-12-2025)Former- → 01-01-2025
-
Former- → 25-07-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 10-01-2022 |
| Status | Active |
| Postal code | 2880 |
Structure & network
Connections & network
2 connected companiesGroup structure
Sits on the board · 2 subsidiaries · 1 location
Control→
Network connections
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
1 partyControl over this companysits on this company's board1
2 subsidiaries · 1 location
controls
AUTOMOTIVE SYSTEMS HOLDINGBE 0779.876.634
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationBeherman System
since 20222.328.060.673
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area7,120 m²
Buildings1
Building footprint1,116 m²
Volume (LiDAR)8,078 m³
Tallest building9.2 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0210/00P000 | Flanders | 7,120 m² | 1 · 1,115 m² | 9.2 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Capital history · 2
13-05-2026
Capital: amount: 139350.0, shares: 5574, currency: EUR
24-04-2026
Capital: amount: 998439.15, currency: EUR
All acts · 5
updated 3 months ago
2026
13-05-2026 Notarial deed · General meeting · Annual meeting schedule · Statute amendment
- Filing: 2026-05-11 · AUTOMOTIVE SYSTEMS
- Publication: 2026-05-13 · AUTOMOTIVE SYSTEMS
- Notarial deed: 2026-04-28 · AUTOMOTIVE SYSTEMS
- General meeting: 2026-04-28 · AUTOMOTIVE SYSTEMS
- Annual meeting schedule: eerste maandag van de maand juni om dertien uur dertig (13.30 uur) · AUTOMOTIVE SYSTEMS
- Statute amendment: 2026-04-28 · AUTOMOTIVE SYSTEMS
- Governance rule: onbeperkte duur · AUTOMOTIVE SYSTEMS
- Capital: amount: 139350.0, shares: 5574, currency: EUR · AUTOMOTIVE SYSTEMS
- Governance rule: enig bestuurder of raad van bestuur · AUTOMOTIVE SYSTEMS
- Mandate term: hoogstens zes jaar maar hun mandaat is onbeperkt hernieuwbaar · AUTOMOTIVE SYSTEMS
- Representation rule: twee bestuurders gezamenlijk optredend of door een gedelegeerd bestuurder alleen · AUTOMOTIVE SYSTEMS
- First fiscal year: 01-01 · AUTOMOTIVE SYSTEMS
- Officer resignation: 2026-03-17 · Jacques BEHERMAN
- Officer resignation: 2026-03-17 · Beherman System
- Officer resignation: 2026-03-17 · Etienne ROSSEEUW
- Officer appointment: end: jaarvergadering die besluit over de jaarrekening afgesloten op 31 december 2031, role: enige niet-statutaire bestuurder, start: 2026-03-17 · Petr KRATOCHVIL
- Mandate compensation: onbezoldigd · Petr KRATOCHVIL
- Governance rule: bestuursmodel met één bestuurder · AUTOMOTIVE SYSTEMS
- Pre incorporation ratification: 2026-03-17 · AUTOMOTIVE SYSTEMS
- Power of attorney: scope: afhalen van documenten, brieven, gewone of aangetekende zendingen; aangaan van commerciële contracten, leveringen te aanvaarden en offertes te maken in naam van de Vennootschap, binnen het kader van de activiteiten van de vennootschap, dewelke een bedrag van 10.0000 EUR per transactie niet overschrijden, start: 2026-03-17 · AUTOMOTIVE SYSTEMS
- Power of attorney: date: 2026-03-17, action: intrekking · AUTOMOTIVE SYSTEMS
- Act object: STATUTEN (VERTALING, COORDINATIE, OVERIGE
Summary:
Notarial deed · General meeting · Annual meeting schedule · Statute amendmentNotary:
Alexander VERBEKE
24-04-2026 Act object · Notarial deed · Name change · Statute amendment
- Act object: BENAMING, ONTSLAGEN, BENOEMINGEN · BEHERMAN SYSTEM
- Notarial deed: 2026-04-16 · BEHERMAN SYSTEM
- Filing: 2026-04-22 · BEHERMAN SYSTEM
- Publication: 2026-04-24 · BEHERMAN SYSTEM
- Name change: AUTOMOTIVE SYSTEMS HOLDING · BEHERMAN SYSTEM
- Statute amendment: volledig nieuwe statuten · BEHERMAN SYSTEM
- Approval: verslag van het bestuursorgaan · BEHERMAN SYSTEM
- Capital: amount: 998439.15, currency: EUR · BEHERMAN SYSTEM
- Shares: type: aandelen zonder vermelding van nominale waarde, count: 150802 · BEHERMAN SYSTEM
- Officer resignation: 2026-03-17 · Jacques BEHERMAN
- Officer resignation: 2026-03-17 · Christian BEHERMAN
- Officer resignation: 2026-03-17 · Olivier BEHERMAN
- Officer resignation: 2026-03-17 · Etienne ROSSEEUW
- Officer discharge: 2026-03-17 · Jacques BEHERMAN
- Officer discharge: 2026-03-17 · Christian BEHERMAN
- Officer discharge: 2026-03-17 · Olivier BEHERMAN
- Officer discharge: 2026-03-17 · Etienne ROSSEEUW
- Officer appointment: role: enig niet-statutaire bestuurder, end_date: jaarvergadering die besluit over de jaarrekening afgesloten op 31 december 2031, start_date: 2026-03-17 · Petr KRATOCHVIL
- Mandate compensation: onbezoldigd · Petr KRATOCHVIL
- Governance rule: bestuursmodel met één bestuurder · BEHERMAN SYSTEM
- Pre incorporation ratification: 2026-03-17 · BEHERMAN SYSTEM
- Annual meeting schedule: eerste maandag van de maand juni om veertien uur dertig (14.30 uur) · BEHERMAN SYSTEM
- First fiscal year: end: 31-12, start: 01-01 · BEHERMAN SYSTEM
- Representation rule: enig bestuurder vertegenwoordigt de vennootschap · BEHERMAN SYSTEM
- Representation rule: twee bestuurders gezamenlijk of gedelegeerd bestuurder alleen · BEHERMAN SYSTEM
Summary:
Act object · Notarial deed · Name change · Statute amendmentNotary:
Lisa SCHAMP
2025
30-12-2025 Bruno Segers resigns as director
2024
25-07-2024 1 director appointed, 1 resigning
2022
17-01-2022 Incorporation of a new NV
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured64
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
76
Solvency
67
Growth
32
Stability
94
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | AUTOMOTIVE SYSTEMS HOLDING |
| Legal nameNL | Beherman System |
Registered office
Industrieweg(BOR) 3
2880 Bornem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.