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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
AUTOWORKS from Waregem, company number BE0755970488, closed financial year 2025 with a result of € -40,307 after tax. For that financial year AUTOWORKS recorded a gross margin of € -34,798 and equity of € 13,736. Compared with financial year 2024, the result moved from € 24,593 to € -40,307. The company made a loss. The buffer shrank hard: equity is 75 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 13,736
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,307
▼ still € 24,593 profit in 2024
Profit after tax over the fiscal year.
€ 4,598
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,736.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,079
▼ 66% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,129
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 3,014
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,411
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,524 | € 33,168 | € 42,906 | € -34,798 | ▼ € 77,704 |
| Profit after taxes | € 9,903 | € 19,143 | € 24,593 | € -40,307 | ▼ € 64,900 |
| Equity | € 11,973 | € 30,284 | € 54,043 | € 13,736 | ▼ 75% |
| Total debts | € 58,280 | € 51,560 | € 57,678 | € 40,372 | ▼ 30% |
| Cash | € 11,912 | € 10,679 | € 41,999 | € 4,598 | ▼ 89% |
| Retained profit | € 1,973 | € 20,284 | € 44,043 | € 3,736 | ▼ 92% |
| Dividend | € 800 | € 833 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 272 | € 15,550 | € 15,129 | ▼ 3% |
| Balance sheet total | € 70,253 | € 81,844 | € 111,721 | € 54,108 | ▼ 52% |
Key figures of AUTOWORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to AUTOWORKS?
What happened at AUTOWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,307 (▼ € 64,900 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- ALEXANDER CORYN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,903 profit in 2022 to € 40,307 loss in 2025.
Paid € 16,604 in corporate taxes since 2022.
Best year ever: 2024, with € 24,593 profit.
Paid out € 2,466 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
ALEXANDER CORYN
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 181
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0755.970.488
- VAT number
- BE 0755.970.488
- Registered office
- Nieuwstraat 181, 8792 Waregem
- Names & denominations
- AUTOWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2020
- Peppol
- Not registered
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)