OPENING OF BANKRUPTCY

CAR SQUARE

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Company — Opening of bankruptcy.

Financial year 2025 · Closed on 31/12/2025

Net result-18,3 k €+64,4 %over 1 year

Gross margin305,4 k €-22,1 %over 1 year

Equity52,3 k €-25,9 %over 1 year

Workforce4,2 ETP-34,4 %over 1 year

Identity

Source · BCE/KBO

CAR SQUARE is a Private limited company incorporated in 2009. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Ledegem. It employs on average 4,2 ETP workers (FTE).

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0812.353.323
Incorporation: 18/06/2009
Legal form: Private limited company
Registered office: Toor 4
8880 Ledegem · FlandreSee on map
Contributed capital: 20 000,00 €
Latest accounts: 31/12/2025
Average workforce: 4,2 ETP

Activities (NACE)

45201Maintenance and repair of motor vehicles· main 95311Repair of computers and personal and household goods 45193Sale of other motor vehicles 45204Maintenance and repair of motor vehicles 45209Maintenance and repair of motor vehicles 47812Retail sale via stalls and markets of food, beverages and tobacco products+2

Joint committees (2)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	305,4 k €	-22.1%	391,9 k €	-7.8%	425,1 k €	+7.7%	394,8 k €	+10.6%	357,1 k €
EBITDA	14,7 k €	+152%	-28,6 k €	-158%	49,6 k €	-32.2%	73,1 k €	+139%	30,6 k €
Operating result	-5,3 k €	+89.4%	-50 k €	-273%	28,8 k €	-47.3%	54,7 k €	+264%	15 k €
Net result	-18,3 k €	+64.4%	-51,4 k €	-354%	20,3 k €	-48.8%	39,5 k €	+1361%	2,7 k €
Balance sheet
Equity	52,3 k €	-25.9%	70,6 k €	-42.1%	122 k €	+19.9%	101,7 k €	+63.6%	62,2 k €
Total assets	477,2 k €	-40.5%	802,6 k €	+37.3%	584,5 k €	+38.2%	422,8 k €	+28.3%	329,6 k €
Cash	8,6 k €	+99.3%	4,3 k €	+298%	1,1 k €	-48.9%	2,1 k €	+376%	446 €
Debts	424,9 k €	-42.0%	732 k €	+58.4%	462,2 k €	+44.1%	320,7 k €	+20.0%	267,4 k €
Other
Workforce	4,2 ETP	-34.4%	6,4 ETP	+4.9%	6,1 ETP	+13.0%	5,4 ETP	-10.0%	6,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AMPIO0817.181.844Represented by Hans VERBEKE	Directorsince 15/04/2024
MEEDIO0817.182.537Represented by Louis Vansteenkiste	Directorsince 15/04/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Delrue	Manager2022 accounts
Wouter Debue	Manager2018 accounts

Other companies at this address

Toor 4 8880 Ledegem

Company	CBE no.
ANZEGEM MOTORS● Bankrupt	0752.994.766
btw-eenheid Suntronics● Active	0798.218.740
DELRUE RENT SERVICES● Bankrupt	0824.347.372
RENTAL INVEST● Bankrupt	0885.778.759
SUNTRONICS● Active	0897.880.894
SUNTRONICS CLIMA● Active	0793.701.708
SUNTRONICS SOLAR● Active	0568.568.369

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/07/2026	29/08/2025	24/07/2024	30/05/2023	27/06/2022	19/07/2021
General meeting	20/06/2026	25/08/2025	28/06/2024	24/05/2023	20/06/2022	21/06/2021
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

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/07/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	24/08/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	31/07/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	23/08/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	25/08/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/08/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	03/08/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	30/06/2011	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 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AMPIO0817.181.844Represented by Hans VERBEKE	Directorsince 15/04/2024
MEEDIO0817.182.537Represented by Louis Vansteenkiste	Directorsince 15/04/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Johan Delrue	Manager2022 accounts
Wouter Debue	Manager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office04/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other26/06/2009
OPRICHTING
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

AMPIO

MEEDIO

Wouter Debue

Johan Delrue

200920102011201220132014201520162017201820192020202120222023202420252026

CAR SQUARE

Toor 4, 8880 LedegemZuiderlaan 10, 8790 Waregem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Toor 4, 8880 LedegemCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00311526
GROTE LEIESTRAAT 117, 8570 Anzegem	accounts 2023	Accounts 2023 · 2024-00279405
Zuiderlaan 10, 8790 Waregem	accounts 2021 → 2022	Accounts 2022 · 2023-00101014

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CAR SQUARECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00311526

Events

2025
Annual accounts 2025-18,3 k €↑
2024
Annual accounts 2024-51,4 k €↓
2023
Annual accounts 202320,3 k €↓
2022
Annual accounts 202239,5 k €↑
2021
Annual accounts 20212,7 k €↓
2020
Annual accounts 202014,1 k €↑
2019
Annual accounts 201911,6 k €↓
2018
Annual accounts 201812,4 k €↑
2017
Annual accounts 2017177,9 €↓
2016
Annual accounts 20162,4 k €↑
2015
Annual accounts 2015274,7 €↓
2014
Annual accounts 20142,5 k €↓
2013
Annual accounts 20134,4 k €↑
2012
Annual accounts 2012-771,5 €↓
2011
Annual accounts 2011222,1 €↑
2010
Annual accounts 2010-7,8 k €
18/06/2009
IncorporationPrivate limited company

CAR SQUARE

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

Registered offices

Company names

Events