OPENING OF BANKRUPTCY

CAR SQUARE

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Financial year 2025 · closed on 31/12/2025
Net result
-18,3 k €
+64.4% YoY
Gross margin
305,4 k €
-22.1% YoY
Equity
52,3 k €
-25.9% YoY
Workforce
4,2 ETP
-34.4% YoY

Company — Opening of bankruptcy.

Strike-off: 09 septembre 2026

What does CAR SQUARE do?

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· main95311Repair of computers and personal and household goods45193Sale of other motor vehicles45204Maintenance and repair of motor vehicles45209Maintenance and repair of motor vehicles47812Retail sale via stalls and markets of food, beverages and tobacco products+2
Joint committees (2)
  • 112
  • 200
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin305,4 k €391,9 k €425,1 k €394,8 k €357,1 k €361,0 k €334,2 k €251,2 k €271,5 k €244,3 k €249,8 k €199,4 k €220,0 k €191,8 k €112,0 k €65,2 k €
EBITDA14,7 k €-28,6 k €49,6 k €73,1 k €30,6 k €33,0 k €26,6 k €33,9 k €22,4 k €18,2 k €23,1 k €25,7 k €26,0 k €22,8 k €13,3 k €2,1 k €
Operating result-5,3 k €-50,0 k €28,8 k €54,7 k €15,0 k €19,8 k €14,5 k €18,5 k €6,3 k €5,8 k €4,4 k €3,8 k €6,8 k €2,4 k €183,9 €-7,7 k €
Net result-18,3 k €-51,4 k €20,3 k €39,5 k €2,7 k €14,1 k €11,6 k €12,4 k €177,9 €2,4 k €274,7 €2,5 k €4,4 k €-771,5 €222,1 €-7,8 k €
Balance sheet
Equity52,3 k €70,6 k €122,0 k €101,7 k €62,2 k €59,5 k €45,3 k €33,7 k €21,4 k €21,2 k €18,8 k €18,6 k €16,1 k €11,7 k €12,4 k €12,2 k €
Total assets477,2 k €802,6 k €584,5 k €422,8 k €329,6 k €341,5 k €324,2 k €352,0 k €302,3 k €329,8 k €335,7 k €324,9 k €349,4 k €287,5 k €167,3 k €93,0 k €
Cash8,6 k €4,3 k €1,1 k €2,1 k €446,0 €23,0 k €1,3 k €749,3 €476,9 €970,1 €322,9 €235,8 €818,1 €13,6 k €4,9 k €889,1 €
Debts424,9 k €732,0 k €462,2 k €320,7 k €267,4 k €282,0 k €278,9 k €318,2 k €281,0 k €308,6 k €316,8 k €306,4 k €333,3 k €275,8 k €154,8 k €80,8 k €
Other
Workforce4,2 ETP6,4 ETP6,1 ETP5,4 ETP6,0 ETP7,3 ETP6,4 ETP–––4,8 ETP4,4 ETP4,0 ETP3,7 ETP3,0 ETP1,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

AMPIO

Director · since 15 avril 2024 · 0817.181.844

Represented by Hans Verbeke

Active
MEEDIO

Director · since 15 avril 2024 · 0817.182.537

Represented by Louis Vansteenkiste

Active

Ended mandates

AMPIO

Director · since 15 avril 2024 · 0817.181.844

Represented by Hans VERBEKE

Ended
Johan Delrue

Manager

Ended
Wouter Debue

Manager

Ended
At this address

Other companies at this address

CompanyCBE 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
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202629/08/202524/07/202430/05/202327/06/202219/07/2021
General meeting20/06/202625/08/202528/06/202424/05/202320/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202620/07/2026DutchPDF
Abridged model31/12/202425/08/202529/08/2025DutchPDF
Abridged model31/12/202328/06/202424/07/2024DutchPDF
Abridged model31/12/202224/05/202330/05/2023DutchPDF
Abridged model31/12/202120/06/202227/06/2022DutchPDF
Abridged model31/12/202021/06/202119/07/2021DutchPDF
Abridged model31/12/201901/07/202030/07/2020DutchPDF
Micro model31/12/201824/08/201930/08/2019DutchPDF
Micro model31/12/201731/07/201830/08/2018DutchPDF
Micro model31/12/201623/08/201728/08/2017DutchPDF
Abridged model31/12/201525/08/201631/08/2016DutchPDF
Abridged model31/12/201431/07/201531/08/2015DutchPDF
Abridged model31/12/201325/08/201429/08/2014DutchPDF
Abridged model31/12/201210/08/201319/08/2013DutchPDF
Abridged model31/12/201103/08/201227/08/2012DutchPDF
Abridged model31/12/201020/06/201130/06/2011DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

AMPIO

Director · since 15 avril 2024 · 0817.181.844

Represented by Hans Verbeke

Active
MEEDIO

Director · since 15 avril 2024 · 0817.182.537

Represented by Louis Vansteenkiste

Active

Ended mandates

AMPIO

Director · since 15 avril 2024 · 0817.181.844

Represented by Hans VERBEKE

Ended
Johan Delrue

Manager

Ended
Wouter Debue

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-18,3 k €↑
  2. 2024
    Annual accounts 2024-51,4 k €↓
  3. 2023
    Annual accounts 202320,3 k €↓
  4. 2022
    Annual accounts 202239,5 k €↑
  5. 2021
    Annual accounts 20212,7 k €↓
  6. 2020
    Annual accounts 202014,1 k €↑
  7. 2019
    Annual accounts 201911,6 k €↓
  8. 2018
    Annual accounts 201812,4 k €↑
  9. 2017
    Annual accounts 2017177,9 €↓
  10. 2016
    Annual accounts 20162,4 k €↑
  11. 2015
    Annual accounts 2015274,7 €↓
  12. 2014
    Annual accounts 20142,5 k €↓
  13. 2013
    Annual accounts 20134,4 k €↑
  14. 2012
    Annual accounts 2012-771,5 €↓
  15. 2011
    Annual accounts 2011222,1 €↑
  16. 2010
    Annual accounts 2010-7,8 k €
  17. 18/06/2009
    IncorporationPrivate limited company