Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
A&G MOTOR from Frameries, company number BE0702873282, closed financial year 2022 with a result of € -22,192 after tax. For that financial year A&G MOTOR recorded a gross margin of € 18,940 and equity of € 4,045. Compared with financial year 2021, the result moved from € 17,716 to € -22,192. The company made a loss. The buffer shrank hard: equity is 91 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 1, 2023.
€ 4,045
▼ 91% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,192
▼ still € 17,716 profit in 2021
Profit after tax over the fiscal year.
€ 20,345
▲ € 17,074 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,555.
People and assets in 2022
€ 20,938
▼ 64% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,370
▼ 6% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 99,500
▲ 99% vs 2021
Loans from banks and other lenders, long and short.
€ 32,338
▲ 43% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 13,724
▼ 14% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 97,920 | € 18,940 | ▼ 81% |
| Profit after taxes | € 17,716 | € -22,192 | ▼ € 39,908 |
| Equity | € 43,953 | € 4,045 | ▼ 91% |
| Total debts | € 586,593 | € 608,323 | ▲ 4% |
| Cash | € 3,271 | € 20,345 | ▲ € 17,074 |
| Land & buildings | - | € 5,940 | |
| Retained profit | € 25,353 | € -14,555 | ▼ € 39,908 |
| Bank debt | € 50,000 | € 99,500 | ▲ 99% |
| Balance sheet total | € 630,546 | € 612,368 | ▼ 3% |
| Employees (FTE) | 58,810 | - |
Key figures of A&G MOTOR, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to A&G MOTOR?
What happened at A&G MOTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
A&G MOTOR is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 22,192 (▼ € 39,908 vs 2021). filed late Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,716 profit in 2021 to € 22,192 loss in 2022.
Paid € 6,286 in corporate taxes since 2021.
Best year ever: 2021, with € 17,716 profit.
On average € 0 of value added per employee in 2021.
Establishments
Establishment units
Physical locations of this company
Rue Donaire 1
7080 Frameries
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0702.873.282
- VAT number
- BE 0702.873.282
- Registered office
- Rue Donaire 1, 7080 Frameries
- Names & denominations
- A&G MOTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 6 September 2018
- Peppol
- Not registered