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POLE POSITION CAR

Active
Private limited companyfounded 198738 yrs activeHaute-Chaineux 33, 4650 Herve, BelgiumKBO/BCE: BE 0432.665.134

POLE POSITION CAR has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
60 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency34▲+32
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 38 years 0 40 y
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 →
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 2024
Solvency, return and age of the figures
Solvency
9.3%
Return on assets
29.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d early
2023
8 d early
2022
18 d early
2021
12 d early
2020
8 d early
2019
39 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€6k
2023 · €-13k
2018: €21k 2019: €19k 2020: €31k 2021: €36k 2022: €20k 2023: €-13k
2018 → 2024
Total assets
€63k▲ 14.0%
2023 · €56k
2018: €56k 2019: €57k 2020: €101k 2021: €94k 2022: €71k 2023: €56k
2018 → 2024
Net result
€18k
2023 · €-33k
2018: €653 2019: €-2k 2020: €12k 2021: €6k 2022: €-17k 2023: €-33k
2018 → 2024
Working capital
€20k
2023 · €-23k
2018: €20k 2019: €29k 2020: €18k 2021: €20k 2022: €7k 2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€31k-€36k▲ 16.8%€20k▼ 45.4%€-13k€6k
Operating result€17k-€11k▼ 33.6%€-14k€-31k▼ 117%€21k
Net result€12k-€6k▼ 49.6%€-17k€-33k▼ 96.3%€18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €17k€17kNet result 2020: €12k€12kOperating result 2021: €11k€11kNet result 2021: €6k€6kOperating result 2022: €-14k€-14kNet result 2022: €-17k€-17kOperating result 2023: €-31k€-31kNet result 2023: €-33k€-33kOperating result 2024: €21k€21kNet result 2024: €18k€18k20202021202220232024
The operating result returns to profit in 2024: €21k after a loss of €31k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets €3k▼ 81.2%
Current assets €60k▲ 59.0%
Equity and liabilities €63k
Equity €6k
Debt €57k
Debt finances 90.7% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21k
2023 · €-21k
Cash flow
€19k
2023 · €-23k
Solvency
9.3%
2023 · -22.7%
Current ratio
1.50
2023 · 0.62
Quick ratio
0.10
2023 · 0.16
Debt / equity
9.75
2023 · -5.41
ROE
313.9%
ROA
29.2%
2023 · -58.5%
Interest coverage
9.60
2023 · -14.42
Debt
€57k
2023 · €68k
Debt ≤ 1 year
€40k
2023 · €61k
Debt > 1 year
€17k
2023 · €7k
Income taxes
€256
2023 · €404
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€56k€63k
Fixed assets21/28€18k€3k
Tangible fixed assets22/27€18k€3k
Furniture and vehicles24€17k€0
Other tangible fixed assets26€902€3k
Current assets29/58€38k€60k
Stocks and contracts in progress3€28k€56k
Stocks30/36€28k€56k
Amounts receivable within one year40/41€2k€2k
Trade receivables40€276€0
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€5k€1k
Deferred charges and accrued income490/1€2k€661
Equity and liabilities
Total equity and liabilities10/49€56k€63k
Equity10/15€-13k€6k
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-44k€-25k
Amounts payable17/49€68k€57k
Amounts payable after more than one year17€7k€17k
Financial debts170/4€7k€17k
Amounts payable within one year42/48€61k€40k
Current portion of amounts payable after more than one year42€7k€12k
Financial debts43€3k€9k
Credit institutions430/8€3k€9k
Trade debts44€35k€3k
Suppliers440/4€35k€3k
Taxes, remuneration and social security45€12k€10k
Taxes450/3€12k€10k
Other amounts payable47/48€4k€6k
Accrued charges and deferred income492/3€189€49
Income statement Code20232024
Non-recurring operating income76A-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€492
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€34k€0
Other operating charges640/8€2k€1k
Non-recurring operating charges66A€7k€0
Gross operating margin9900€22k€23k
Operating profit (loss)9901€-31k€21k
Financial income75/76B€3€16
Recurring financial income75€3€16
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-32k€19k
Income taxes67/77€404€256
Profit (loss) for the period9904€-33k€18k
Profit (loss) for the period to be appropriated9905€-33k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-25k
Profit (loss) brought forward from the previous period14P€-11k€-44k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €18k
Net result €18k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.50
Current ratio from 0.62 to 1.50; short-term debt falls from €61k to €40k.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing Annual accounts filed
fiscal year 2015 · full 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, Herve · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Haute-Chaineux 334650 Herve
Ground area
1,299 m²
Building footprint
101 m²
Volume, LiDAR
673 m³
Parcel 63014A0321/00S000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pole Position Car
Haute-Chaineux 33, 4650 HerveNACE 5010101
since 20062.155.711.073
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63014A0321/00S000 Wallonia 1,299 m² 1 · 101 m² 9.6 m · 2 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.

Similar companies · same sector, comparable size

Of 10,679 companies in sector 47811 we hold annual accounts for 5,225. 1,669 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-12-1987
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0475/414.415
Establishment Herve 2.155.711.073