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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AB AUTOMOTIVE from Vilvoorde, company number BE0463370780, closed financial year 2025 with a result of € -429,547 after tax. For that financial year AB AUTOMOTIVE recorded revenue of € 98.2 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 74,073 to € -429,547. The company made a loss. 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 July 22, 2026.
€ 3.7 million
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -429,547
▼ still € 74,073 profit in 2024
Profit after tax over the fiscal year.
€ 3.8 million
▲ 157% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 541,169.
People and assets in 2025
32.3
▼ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 34% vs 2024
€ 114,000 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.
€ 39,655
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.1 million
▲ 10% vs 2024
€ 474,597 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 21.1 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 479,794
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,840,160 | € 53,524,646 | € 57,460,537 | € 98,244,895 | ▲ 71% |
| Profit after taxes | € 59,494 | € 202,465 | € 74,073 | € -429,547 | ▼ € 503,619 |
| Equity | € 1,603,267 | € 1,805,732 | € 2,614,805 | € 3,685,259 | ▲ 41% |
| Total debts | € 16,992,125 | € 28,677,981 | € 29,108,929 | € 28,303,156 | ▼ 3% |
| Cash | € 573,244 | € 457,407 | € 1,471,751 | € 3,784,104 | ▲ 157% |
| Land & buildings | € 2,603,782 | € 2,432,991 | € 2,988,482 | € 2,781,103 | ▼ 7% |
| Retained profit | € 694,177 | € 896,642 | € 970,715 | € 541,169 | ▼ 44% |
| Bank debt | € 5,025,591 | € 5,033,768 | € 5,538,033 | € 6,110,736 | ▲ 10% |
| Balance sheet total | € 18,595,392 | € 30,483,713 | € 31,723,734 | € 31,988,414 | ▲ 1% |
| Employees (FTE) | 39.5 | 38.9 | 40.5 | 32.3 | ▼ 8.2 |
Key figures of AB AUTOMOTIVE, 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 AUTOMOTIVE?
What happened at AB AUTOMOTIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ADV Automotive Group BV stepped down as director. NBB
- Geoffrey Vanspringel stepped down as director. NBB
- Benjamin Abeloos stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 429,547 (▼ € 503,619 vs 2024). Source: NBB ↗
- ADV Automotive Group BV became a director. NBB
- Geoffrey Vanspringel became a director. NBB
- Benjamin Abeloos became a director. NBB
- New establishment in Brussel. KBO
In short
From € 59,494 profit in 2022 to € 429,547 loss in 2025.
Paid € 17,064 in corporate taxes since 2022.
Best year ever: 2023, with € 202,465 profit.
Pays suppliers within 82 days on average.
A new publication or filing at AB AUTOMOTIVE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FENIKS AUTOMOTIVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AB AUTOMOTIVEThe shares are held by FENIKS AUTOMOTIVE (100%).
Directors
According to the 2025 annual accounts
Gedelegeerd bestuurder · represented by Benedictus De Groof
Also active at: Joossens, Garage Neyt, VANSPRINGEL AUTOMOBILES, GARAGE J. DE GROOF, LABRUM, M.W.A., BBP Import
since 2026 · until 2032
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 295
1800 Vilvoorde
Lambermontlaan 1
1000 Brussel
Active since 13 January 2022
Schaarbeeklei 585
1800 Vilvoorde
Active since 13 January 2022
Jacques Georginlaan 11-13
1030 Schaarbeek
Active since 13 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.370.780
- VAT number
- BE 0463.370.780
- Registered office
- Mechelsesteenweg 295, 1800 Vilvoorde
- Names & denominations
- AB AUTOMOTIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1998
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
+2