OPENING OF BANKRUPTCY

CLASSIC CAR SERVICE

Export PDF

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/03/2024

Net result26,4 k €-5,4 %over 1 year

Gross margin51,7 k €+0,7 %over 1 year

Equity-320,8 k €+7,6 %over 1 year

Workforce0,5 ETP-50,0 %over 1 year

Identity

Source · BCE/KBO

CLASSIC CAR SERVICE is a Private limited company incorporated in 1986. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Wommelgem. It employs on average 0,5 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0428.541.248
Incorporation: 26/02/1986
Legal form: Private limited company
Registered office: Nijverheidsstraat 70
2160 Wommelgem · FlandreSee on map
Contributed capital: 24 879,35 €
Latest accounts: 31/03/2024
Average workforce: 0,5 ETP

Activities (NACE)

45201Maintenance and repair of motor vehicles· main 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods 45113Sale of cars and light motor vehicles 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	51,7 k €	+0.7%	51,3 k €	+148%	-107,5 k €	-154%	200,6 k €	-42.5%	349,1 k €
EBITDA	34 k €	-19.0%	41,9 k €	+112%	-346,7 k €	-604%	68,8 k €	-62.4%	182,9 k €
Operating result	33,6 k €	-18.3%	41,1 k €	+112%	-356,7 k €	-1171%	33,3 k €	-77.4%	147,2 k €
Net result	26,4 k €	-5.4%	27,9 k €	+107%	-414,7 k €	-3327%	-12,1 k €	-113%	90,1 k €
Balance sheet
Equity	-320,8 k €	+7.6%	-347,2 k €	+7.4%	-375 k €	-1046%	39,7 k €	-23.4%	51,8 k €
Total assets	835,2 k €	-20.2%	1 M €	-17.7%	1,3 M €	-36.9%	2 M €	-18.3%	2,5 M €
Cash	26,9 k €	-0.4%	27 k €	+296%	6,8 k €	-87.4%	53,9 k €	+226%	16,6 k €
Debts	1,2 M €	-16.5%	1,4 M €	-15.9%	1,6 M €	-16.6%	2 M €	-18.2%	2,4 M €
Other
Workforce	0,5 ETP	-50.0%	1,0 ETP	-28.6%	1,4 ETP	-46.2%	2,6 ETP	-43.5%	4,6 ETP

Board of directors

Source · NBB, accounts to 31/03/2024

1 active · 1 ended

Active mandates

Noël De Block

Director

Active

Ended mandates

NOEL DE BLOCK

Manager

Ended

Other companies at this address

Nijverheidsstraat 70 2160 Wommelgem

Company	CBE no.
#1 Renovatie Meesters● Active	0708.966.466
2Even Solutions● Active	0824.800.502
360° Interiors Lab● Active	0679.708.791
3eQual● Bankrupt	0687.946.863
AB Consultancy● Active	1001.406.719
AB-FASHION● Bankrupt	0500.884.442
Admo Group● Active	1010.302.114
Advanced Chromatography Solutions● Bankrupt	0627.964.736
ADVIbel Consulting● Bankrupt	0874.076.106
Adviesplatform● Active	0644.728.118
AFA GROUP● Bankrupt	0731.622.005
African Bio Developments● Active	0751.641.122
AFRICAN NOMAD● Active	0795.425.635
A.G. INVESTMENTS● Active	0446.131.803
AGS PALETTEN● Active	1039.155.555
AH Commerce● Bankrupt	1012.690.886
AH TRADE & SERVICES● Bankrupt	1010.056.347
AJS Maritime Services● Active	1001.958.629
AlizéeC● Active	1000.278.351
All-dak projects● Active	0708.900.744

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	01/04/2023	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/03/2024	31/03/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	3 months	12 months	12 months	12 months	12 months
Filing date	22/10/2024	31/10/2023	24/08/2023	22/08/2022	04/06/2021	19/06/2020
General meeting	31/05/2024	27/10/2023	26/05/2023	27/05/2022	28/05/2021	29/05/2020
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 · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2024	31/05/2024	22/10/2024	Dutch	PDF
Abridged model	31/03/2023	27/10/2023	31/10/2023	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	04/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	19/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	10/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	29/09/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	10/08/2007	Dutch	PDF

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2024

1 active · 1 ended

Active mandates

Noël De Block

Director

Active

Ended mandates

NOEL DE BLOCK

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office07/05/2024
MAATSCHAPPELIJKE ZETEL
PDF
Other29/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Registered office28/02/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office18/03/2011
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2024
Annual accounts 202426,4 k €↓
2023
Annual accounts 202327,9 k €↑
2022
Annual accounts 2022-414,7 k €↓
2022
Name changeClassic Car Service (in vereffening)
2021
Annual accounts 2021-12,1 k €↓
2020
Annual accounts 202090,1 k €↑
2019
Annual accounts 2019-145,1 k €↑
2018
Annual accounts 2018-199,2 k €↓
2017
Annual accounts 201772,4 k €↑
2016
Annual accounts 2016-70,5 k €↓
2015
Annual accounts 20153,8 k €↓
2014
Annual accounts 2014119,9 k €↑
2013
Annual accounts 2013-12,9 k €↓
2012
Annual accounts 201263,8 k €↑
2011
Annual accounts 20118,8 k €↓
2010
Annual accounts 201017,5 k €↓
2009
Annual accounts 200920,5 k €↓
2008
Annual accounts 200820,9 k €↑
2007
Annual accounts 200714,4 k €↓
2006
Annual accounts 200616,2 k €
2006
Name changeClassic Car Service
26/02/1986
IncorporationPrivate limited company

CLASSIC CAR SERVICE

Overview

Identity

Financials

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline