PETROMATIC
ActiveSummary
PETROMATIC has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €728k and a net result of €121k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 80% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency93▲+10
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.08 in 2023; short-term debt: 32.1% and cash: 66.3% of total assets), and 32.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67.9%
Return on assets
11.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
5 d late
2022
19 d early
2021
11 d early
2020
43 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€728k▼ 1.9%
2023 · €742k
2018: €764k
2019: €829k
2020: €909k
2021: €637k
2022: €641k
2023: €742k
2018 → 2024
Total assets
€1.07M▼ 16.1%
2023 · €1.28M
2018: €999k
2019: €978k
2020: €971k
2021: €1.17M
2022: €971k
2023: €1.28M
2018 → 2024
Net result
€121k▲ 20.2%
2023 · €100k
2018: €120k
2019: €98k
2020: €80k
2021: €173k
2022: €144k
2023: €100k
2018 → 2024
Working capital
€584k▲ 0.8%
2023 · €579k
2018: €540k
2019: €587k
2020: €721k
2021: €428k
2022: €456k
2023: €579k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€909k-€637k▼ 29.9%€641k▲ 0.6%€742k▲ 15.6%€728k▼ 1.9%
Operating result€112k-€245k▲ 119%€202k▼ 17.6%€142k▼ 29.6%€167k▲ 17.5%
Net result€80k-€173k▲ 116%€144k▼ 16.9%€100k▼ 30.3%€121k▲ 20.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 18% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.07M
Fixed assets
€144k ▼ 11.6%
Current assets
€927k ▼ 16.8%
Equity and liabilities €1.07M
Equity
€728k ▼ 1.9%
Debt
€343k ▼ 35.8%
Debt's share of the balance-sheet total falls from 41.9% to 32.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€186k▲
2023 · €165k
Cash flow
€139k▲
2023 · €124k
Current ratio
2.70▲
2023 · 2.08
Quick ratio
2.56▲
2023 · 2.03
Debt to equity
0.47▼
2023 · 0.72
ROE
16.6%▲
2023 · 13.5%
ROA
11.3%▲
2023 · 7.9%
Interest coverage
164.78▲
2023 · 149.08
Debt ≤ 1 year
€343k▼
2023 · €535k
Income taxes
€50k▲
2023 · €41k
Staff costs
€99k▲
2023 · €88k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.28M€1.07M▼
Fixed assets21/28€163k€144k▼
Tangible fixed assets22/27€162k€143k▼
Land and buildings22€127k€122k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€25k€14k▼
Financial fixed assets28€825€665▼
Current assets29/58€1.11M€927k▼
Stocks and contracts in progress3€27k€48k▲
Stocks30/36€27k€48k▲
Amounts receivable within one year40/41€17k€15k▼
Trade receivables40€16k€14k▼
Other amounts receivable41€2k€2k▼
Current investments50/53€147k€147k=
Cash at bank and in hand54/58€916k€710k▼
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.07M▼
Equity10/15€742k€728k▼
Contributions10/11€37k€37k=
Reserves13€705k€690k▼
Tax-exempt reserves132€54k€54k=
Distributable reserves133€651k€637k▼
Amounts payable17/49€535k€343k▼
Amounts payable within one year42/48€535k€343k▼
Trade debts44€402k€82k▼
Suppliers440/4€402k€82k▼
Taxes, remuneration and social security45€32k€25k▼
Taxes450/3€15k€16k▲
Remuneration and social security454/9€17k€9k▼
Other amounts payable47/48€101k€236k▲
Income statement
Code20232024
Remuneration, social security and pensions62€88k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€19k▼
Other operating charges640/8€9k€9k▲
Gross operating margin9900€262k€294k▲
Operating profit (loss)9901€142k€167k▲
Financial income75/76B€474€4k▲
Recurring financial income75€474€4k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€141k€170k▲
Income taxes67/77€41k€50k▲
Profit (loss) for the period9904€100k€121k▲
Profit (loss) for the period to be appropriated9905€100k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€121k▲
Transfer from equity791/2-€135k
Transfer to equity691/2€100k€121k▲
To other reserves6921€100k€121k▲
Profit to be distributed694/7-€135k
Return on contributions (dividend)694-€135k
Social balance
Average headcount (FTE)90872.02.5▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €173k ▲116%
Operating result €245k, net result €173k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €80k ▼17.9%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 12.72
Current ratio from 5.40 to 12.72; short-term debt falls from €133k to €62k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Koksijde · 1 establishment unit since 1984
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.
Strandlaan(Kok) 218670 KoksijdeGround area
330 m²
Building footprint
47 m²
Volume, LiDAR
176 m³
Parcel 38343A0873/00W000, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Strandlaan(Kok) 21, 8670 Koksijde
since 19842.025.844.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0873/00W000 | Flanders | 330 m² | 1 · 47 m² | 5.5 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,670 EUR awarded · 2,670 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,670 EUR | 2,670 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoksijde2.025.844.010
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Of 1,266 companies in sector 47300 we hold annual accounts for 945. 576 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
Founded30-11-1984
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.