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 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Industrial Automotive Services from Beveren, company number BE0896616827, closed financial year 2024 with a result of € 1,392 after tax. For that financial year Industrial Automotive Services recorded a gross margin of € 300,069 and equity of € 122,236. Compared with financial year 2023, the result moved from € 3,729 to € 1,392. The company is profitable. 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 8, 2025.
€ 122,236
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,392
▼ 63% vs 2023
Profit after tax over the fiscal year.
€ 3,348
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 103,636.
People and assets in 2024
3.2
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 221,898
▼ 22% vs 2023
€ 69,300 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.
€ 25,227
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 269,396
▼ 34% vs 2023
€ 89,941 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 520,096
Supplier invoices still open on the last day of the fiscal year.
€ 121,702
▲ 35% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 208,346 | € 297,152 | € 353,758 | € 300,069 | ▼ 15% |
| Profit after taxes | € 6,318 | € 3,085 | € 3,729 | € 1,392 | ▼ 63% |
| Equity | € 114,029 | € 117,114 | € 120,843 | € 122,236 | ▲ 1% |
| Total debts | € 769,697 | € 1,186,982 | € 1,018,973 | € 911,194 | ▼ 11% |
| Cash | € 2,247 | € 2,426 | € 27,415 | € 3,348 | ▼ 88% |
| Land & buildings | € 9,126 | € 8,901 | € 8,676 | € 8,450 | ▼ 3% |
| Retained profit | € 95,429 | € 98,514 | € 102,243 | € 103,636 | ▲ 1% |
| Bank debt | € 230,283 | € 402,185 | € 408,927 | € 269,396 | ▼ 34% |
| Balance sheet total | € 883,726 | € 1,304,096 | € 1,139,816 | € 1,033,430 | ▼ 9% |
| Employees (FTE) | 2.4 | 3.7 | 4 | 3.2 | ▼ 0.8 |
Key figures of Industrial Automotive Services, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Industrial Automotive Services?
What happened at Industrial Automotive Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Industrial Automotive Services is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 1,392 (▼ 63% vs 2023). Source: NBB ↗
- Tommy De Baer became a director. NBB
- New establishment in Beveren. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,318 profit in 2021 to € 1,392 profit in 2024.
Paid € 28,099 in corporate taxes since 2021.
Best year ever: 2021, with € 6,318 profit.
On average € 93,800 of value added per employee in 2024.
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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 ADDILUB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Industrial Automotive ServicesBehind Industrial Automotive Services is Tommy De Baer. The shares are held by ADDILUB (86%).
Directors
According to the 2024 annual accounts
Tommy De Baer
Director
since 2024
Shareholders
86%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwlandstraat(MEL) 6C
9120 Beveren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.616.827
- VAT number
- BE 0896.616.827
- Registered office
- Nieuwlandstraat(MEL) 6C, 9120 Beveren
- Names & denominations
- Industrial Automotive Services · IAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 March 2008
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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