GARAGE TORNACUM MOTORS
0416.550.959 · rovalta.com · 27/09/2026
OPENING OF BANKRUPTCY
GARAGE TORNACUM MOTORS
Company — Opening of bankruptcy.
Financial year 2024 · Closed on 31/12/2024
Net result-1,9 M €-202,4 %over 1 year
Gross margin-72,9 k €-102,3 %over 1 year
Equity-1,5 M €-433,0 %over 1 year
Workforce0,0 ETP-100,0 %over 1 year
Overview
Identity
Source · BCE/KBOGARAGE TORNACUM MOTORS is a Private company with limited liability incorporated in 1976. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Tournai.
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0416.550.959
- Incorporation
- 23/11/1976
- Legal form
- Private company with limited liability
- Registered office
- Chaussée de Bruxelles(TOU) 150
7500 Tournai · WallonieSee on map - Contributed capital
- 123 900,00 €
- Latest accounts
- 31/12/2024
- Average workforce
- 0,0 ETP
Activities (NACE)
45113Sale of cars and light motor vehicles· main47811Retail sale via stalls and markets of food, beverages and tobacco products50103Sea and coastal passenger water transport45201Maintenance and repair of motor vehicles50200Sea and coastal freight water transport95311Repair of computers and personal and household goods
Joint committees (3)
- 112
- 200
- 218
Financials
Source · NBB, 21 filingsTrend over 17 financial years
| 2024 | 2023 | 2022 | 2021 | 2018 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -72,9 k € | -102% | 3,2 M € | +191% | 1,1 M € | -29.2% | 1,6 M € | +18.3% | 1,3 M € |
| EBITDA | -1,9 M € | -174% | 2,6 M € | +17490% | 14,7 k € | +101% | -1,5 M € | -627% | 281,4 k € |
| Operating result | -1,9 M € | -175% | 2,6 M € | +952% | -303,6 k € | +82.0% | -1,7 M € | -1703% | 105,1 k € |
| Net result | -1,9 M € | -202% | 1,9 M € | +481% | -495,7 k € | +73.0% | -1,8 M € | -3859% | -46,3 k € |
| Balance sheet | |||||||||
| Equity | -1,5 M € | -433% | 447 k € | -76.6% | 1,9 M € | -20.8% | 2,4 M € | +229% | 733,6 k € |
| Total assets | 113 k € | -95.9% | 2,8 M € | -67.9% | 8,7 M € | -16.5% | 10,4 M € | -19.1% | 12,9 M € |
| Cash | 47,3 k € | -73.6% | 178,7 k € | -10.2% | 198,9 k € | +28.9% | 154,3 k € | -61.5% | 400,8 k € |
| Debts | 1,6 M € | -31.6% | 2,3 M € | -65.3% | 6,8 M € | -15.5% | 8 M € | -34.1% | 12,1 M € |
| Other | |||||||||
| Workforce | 0,0 ETP | -100% | 6,7 ETP | -65.3% | 19,3 ETP | -13.1% | 22,2 ETP | -0.9% | 22,4 ETP |
Board of directors
Source · NBB, accounts to 31/12/2024Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/04/2025 | 30/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 | 30/10/2020 |
| General meeting | 17/04/2025 | 20/06/2024 | 15/06/2023 | 16/06/2022 | 17/06/2021 | 18/06/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 17/04/2025 | 28/04/2025 | French | |
| Abridged model | 31/12/2023 | 20/06/2024 | 30/08/2024 | French | |
| Abridged model | 31/12/2022 | 15/06/2023 | 31/08/2023 | French | |
| Abridged modelCorrection | 31/12/2021 | 16/06/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2021 | 16/06/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2020 | 17/06/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 18/06/2020 | 30/10/2020 | French | |
| Abridged modelCorrection | 31/12/2018 | 20/06/2019 | 30/10/2020 | French | |
| Abridged model | 31/12/2018 | 20/06/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 21/06/2018 | 30/08/2018 | French | |
| Abridged model | 31/12/2016 | 18/06/2017 | 25/08/2017 | French | |
| Abridged model | 31/12/2015 | 16/06/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 18/06/2015 | 17/07/2015 | French | |
| Abridged model | 31/12/2013 | 05/06/2014 | 28/08/2014 | French | |
| Abridged model | 31/12/2012 | 21/06/2013 | 30/08/2013 | French | |
| Abridged model | 31/12/2011 | 15/06/2012 | 30/08/2012 | French | |
| Abridged model | 31/12/2010 | 16/06/2011 | 26/08/2011 | French | |
| Abridged model | 31/12/2009 | 17/06/2010 | 24/06/2010 | French | |
| Abridged model | 31/12/2008 | 18/06/2009 | 07/09/2009 | French | |
| Abridged model | 31/12/2007 | 19/06/2008 | 16/07/2008 | French | |
| Abridged model | 31/12/2006 | 21/06/2007 | 17/07/2007 | French |
Valuation
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2024Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-1,9 M €↓
- 2023Annual accounts 20231,9 M €↑
- 2022Annual accounts 2022-495,7 k €↑
- 2021Annual accounts 2021-1,8 M €↓
- 2018Annual accounts 2018-46,3 k €↓
- 2017Annual accounts 2017-43 €↓
- 2016Annual accounts 20164,8 k €↓
- 2015Annual accounts 201551,9 k €↓
- 2014Annual accounts 2014136,6 k €↑
- 2013Annual accounts 201334,3 k €↑
- 2012Annual accounts 2012-84 k €↓
- 2011Annual accounts 201134,2 k €↓
- 2010Annual accounts 2010241,1 k €↑
- 2009Annual accounts 200961,5 k €↓
- 2008Annual accounts 2008204,3 k €↓
- 2007Annual accounts 2007296,4 k €↓
- 2006Annual accounts 2006327,8 k €
- 23/11/1976IncorporationPrivate company with limited liability