Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 6.5 to 4.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
AB AUTO from Putte, company number BE0445356197, closed financial year 2025 with a result of € 25,604 after tax. For that financial year AB AUTO recorded a gross margin of € 431,777 and equity of € 173,587. Compared with financial year 2024, the result moved from € -65,516 to € 25,604. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 173,587
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,604
▲ still € 65,516 loss in 2024
Profit after tax over the fiscal year.
€ 34,668
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 111,587.
People and assets in 2025
4
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 270,177
▼ 25% vs 2024
€ 67,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,802
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
Loans from banks and other lenders, long and short.
€ 536,166
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,450
▼ 57% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 766,234 | € 454,021 | € 386,379 | € 431,777 | ▲ 12% |
| Profit after taxes | € 82,887 | € -67,085 | € -65,516 | € 25,604 | ▲ € 91,120 |
| Equity | € 280,584 | € 213,499 | € 147,983 | € 173,587 | ▲ 17% |
| Total debts | € 3,950,294 | € 3,745,337 | € 3,367,320 | € 3,624,204 | ▲ 8% |
| Cash | € 297,658 | € 484,763 | € 35,152 | € 34,668 | ▼ 1% |
| Retained profit | € 218,584 | € 151,499 | € 85,983 | € 111,587 | ▲ 30% |
| Bank debt | € 3,297,067 | € 3,312,342 | € 2,954,812 | € 2,954,079 | |
| Balance sheet total | € 4,230,878 | € 3,958,836 | € 3,515,303 | € 3,797,792 | ▲ 8% |
| Employees (FTE) | 7.1 | 6.5 | 6 | 4 | ▼ 2 |
Key figures of AB AUTO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AB AUTO?
What happened at AB AUTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lino Debaeke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,604. filed late Source: NBB ↗
- Lino Debaeke became a director. NBB
- New establishment in Putte. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,887 profit in 2022 to € 25,604 profit in 2025.
Paid € 55,303 in corporate taxes since 2022.
Best year ever: 2022, with € 82,887 profit.
On average € 107,900 of value added per employee in 2025.
Management
The stake of A-STAR GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AB AUTOBehind AB AUTO are A-Star Group BV and Ann Michiels. The shares are held by A-STAR GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ben Van Loo
Also active at: ABCO, Jan Moonen, B & Co RENT, Michiels, MOJA, AB, LOOCA, B-APART +20 more
since 2021 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Aarschotbaan 18
2580 Putte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.356.197
- VAT number
- BE 0445.356.197
- Registered office
- Aarschotbaan 18, 2580 Putte
- Names & denominations
- AB AUTO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1991
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)