Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AUTOMATH CAR from Genappe, company number BE0471384861, closed financial year 2025 with a result of € -54,165 after tax. For that financial year AUTOMATH CAR recorded a gross margin of € 108,332 and equity of € -83,038. Compared with financial year 2024, the result moved from € 35,602 to € -54,165. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.
€ -83,038
▼ € 54,165 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,165
▼ still € 35,602 profit in 2024
Profit after tax over the fiscal year.
€ 25,901
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -103,663.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 114,867
▲ 80% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,999
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 43,298
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,104
▲ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,778 | € 138,849 | € 134,496 | € 108,332 | ▼ 19% |
| Profit after taxes | € -36,509 | € 20,245 | € 35,602 | € -54,165 | ▼ € 89,767 |
| Equity | € -84,721 | € -64,475 | € -28,873 | € -83,038 | ▼ € 54,165 |
| Total debts | € 196,581 | € 199,101 | € 182,285 | € 247,882 | ▲ 36% |
| Cash | - | € 13,722 | € 13,543 | € 25,901 | ▲ 91% |
| Retained profit | € -103,471 | € -83,225 | € -47,623 | € -103,663 | ▼ € 56,040 |
| Bank debt | € 100,790 | € 100,000 | € 100,000 | € 50,000 | ▼ 50% |
| Balance sheet total | € 111,861 | € 134,626 | € 153,412 | € 164,844 | ▲ 7% |
| Employees (FTE) | 2 | 1.5 | 1.5 | - |
Key figures of AUTOMATH CAR, 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 AUTOMATH CAR?
What happened at AUTOMATH CAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 54,165 (▼ € 89,767 vs 2024). Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,509 loss in 2022 to € 54,165 loss in 2025.
Best year ever: 2024, with € 35,602 profit.
On average € 89,700 of value added per employee in 2024.
Management
Behind AUTOMATH CAR is Mathieu MAES.
Directors
According to the 2025 annual accounts
Mathieu MAES
Director
Establishments
Establishment units
Physical locations of this company
Rue de Bruxelles 217
1472 Genappe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0471.384.861
- VAT number
- BE 0471.384.861
- Registered office
- Rue de Bruxelles 217, 1472 Genappe
- Names & denominations
- AUTOMATH CAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2000
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)