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D'Ieteren Automotive SA/NV

Active
Public limited companyfounded 1999active for 27 yearsMaliestraat 50, 1050 Elsene, BelgiumKBO/BCE: BE 0466.909.993
Summary

D'Ieteren Automotive SA/NV has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334.6m and a net result of €162.5m. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 30% of 6,081 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
#2 employer in Elsene, Wholesale and retail trade sector8 sites
Size
€4.11bnturnover 2025
Staff
832.1 FTE
Equity
€334.6m
Profit
€162.5m
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
D'Ieteren Group · 100%
Board
10 members
Holdings
9
Auditor: KPMG Réviseurs d’Entreprises SRLAccounts filed 54 days late
Why 83raises riskLatest accounts 54 days late; 1 of the last 3 lateLiquidity: current ratio 1.04, cash €72.0mlowers riskFounded in 1999Size: turnover €4.11bn, 832.1 FTE, total assets €1.23bnShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 46, large)
Financial strength · tick = 2024
Average
Solvency 52-9
equity 27.1% of total assets
Liquidity 23-11
short-term debt 65.5% · cash 5.8%
Profitability 72+6
return on assets 13.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (132 companies, NACE 46, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.3 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €27,750,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.47 in 2024; short-term debt: 65.5% and cash: 5.8% of total assets), and 72.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, large): better than 37% on solvency, 30% on liquidity, 82% on profitability and 11% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 54 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.04, cash €72.0m
NBB · annual accounts
lowers risk · Size: turnover €4.11bn, 832.1 FTE, total assets €1.23bn
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
54 days late
2024
66 days early
2023
64 days early
2022
47 days early
2021
40 days early
2020
72 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representative: Grégory Gonzalez Rodriguez…
  3. MiscellaneousAuthorised capital · Power of…

Key points

  • Positive: Among the best 5% on net resultsector median €113,523 · 6,022 companies €162.5m View
  • Controlled by D'Ieteren Groupultimately: ARROYO 100% View
  • Caution: Equity fell in 2025from €583.2m to €334.6m ▼ 42.6% View
  • Positive: 8 profitable years in a rowprofit 2025: €162.5m 8 years View
  • Flemish supportawarded 2022 - 2025 €98,247 View

By topic

Financials

Financial year
2025
Turnover
€4.11bn
Profit
€162.5m
Solvency
27.1%
Turnover▼ 7.9%
Net result
20212025
Go to Financials

Board & ownership

Board
10 members
Parent
D'Ieteren Group · 100%
Auditor
KPMG Réviseurs d’Entreprises SRL
  • Denis GORTEMANManaging director
  • BOUCQUEAU Charlotte Florence Bénédicte Marie GhislaineDirector
  • D'IETEREN Nicolas Pierre AlbertDirector
  • Edouard JanssenDirector
  • NAYARIT PARTICIPATIONSDirector

and 5 other directors

Go to Board & ownership

Network & group

Group
ARROYO
Subsidiaries
48
Holdings
9
Connected companies
41

48 subsidiaries

Go to Network & group

Timeline

Events
68
Since
2000
Next accounts
by 31-07-2027
  1. 16-03-2026Capital & shares
  2. 19-02-2026Appointment: Nayarit Participations SA (director)
  3. 31-12-2025Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
8
Legal form
Public limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
23-09-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
De vennootschap heeft tot voorwerp, voor eigen rekening of voor rekening van derden, zowel…
Go to Articles of association

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