OPENING OF BANKRUPTCY

Industrial Automotive Services

Financial year 2024 · closed on 31/12/2024
Net result
1,4 k €
-62.7% YoY
Gross margin
300,1 k €
-15.2% YoY
Equity
122,2 k €
+1.2% YoY
Workforce
3,2 ETP
-20.0% YoY

Company — Opening of bankruptcy.

Strike-off: 09 septembre 2026

What does Industrial Automotive Services do?

Industrial Automotive Services is a Private limited company incorporated in 2008. Its main activity is: Wholesale of solid, liquid and gaseous fuels and related products. Its registered office is in Beveren. It employs on average 3,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0896.616.827
Incorporation
20/03/2008
Legal form
Private limited company
Registered office
Nieuwlandstraat(MEL) 6C
9120 Beveren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
3,2 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212015201420132012201120102009
Income statement
Gross margin300,1 k €353,8 k €297,2 k €208,3 k €221,3 k €104,7 k €75,3 k €39,5 k €26,8 k €20,2 k €21,7 k €
EBITDA74,9 k €56,6 k €43,3 k €53,3 k €141,6 k €58,7 k €44,0 k €27,4 k €24,5 k €18,2 k €21,4 k €
Operating result23,8 k €28,3 k €22,9 k €23,8 k €105,2 k €26,1 k €18,1 k €13,0 k €15,1 k €8,7 k €17,2 k €
Net result1,4 k €3,7 k €3,1 k €6,3 k €57,8 k €7,7 k €3,4 k €1,3 k €10,1 k €5,2 k €13,6 k €
Balance sheet
Equity122,2 k €120,8 k €117,1 k €114,0 k €81,1 k €38,3 k €37,6 k €34,2 k €32,9 k €32,3 k €32,2 k €
Total assets1,0 M €1,1 M €1,3 M €883,7 k €741,6 k €540,1 k €437,9 k €298,4 k €312,1 k €196,9 k €149,0 k €
Cash3,3 k €27,4 k €2,4 k €2,2 k €7,0 k €586,5 €2,7 k €2,3 k €6,4 k €4,5 k €3,2 k €
Debts911,2 k €1,0 M €1,2 M €769,7 k €656,4 k €481,9 k €390,2 k €244,0 k €272,9 k €160,1 k €116,9 k €
Other
Workforce3,2 ETP4,0 ETP3,7 ETP2,4 ETP1,9 ETP1,8 ETP1,1 ETP0,5 ETP0,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Tommy De Baer

Director · since 01 juillet 2024

Active

Ended mandates

Tommy De Baer

Director · since 19 mars 2008

Ended
Tommy De Baer

Manager · since 19 mars 2008 · until 01 mars 1900

Ended
Tommy De Baer

Manager · since 19 mars 2008

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202522/07/202418/08/202308/08/202220/07/202130/09/2020
General meeting15/06/202518/07/202431/07/202330/06/202209/07/202114/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202415/06/202508/07/2025DutchPDF
Abridged model31/12/202318/07/202422/07/2024DutchPDF
Abridged model31/12/202231/07/202318/08/2023DutchPDF
Abridged model31/12/202130/06/202208/08/2022DutchPDF
Abridged model31/12/202009/07/202120/07/2021DutchPDF
Abridged model31/12/201914/09/202030/09/2020DutchPDF
Abridged model31/12/201828/06/201925/07/2019DutchPDF
Abridged model31/12/201729/06/201820/07/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201515/06/201629/08/2016DutchPDF
Abridged model31/12/201415/06/201510/07/2015DutchPDF
Abridged model31/12/201315/06/201417/06/2014DutchPDF
Abridged model31/12/201215/06/201325/06/2013DutchPDF
Abridged model31/12/201115/06/201203/07/2012DutchPDF
Abridged model31/12/201015/06/201118/07/2011DutchPDF
Abridged model31/12/200915/06/201027/07/2010DutchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Tommy De Baer

Director · since 01 juillet 2024

Active

Ended mandates

Tommy De Baer

Director · since 19 mars 2008

Ended
Tommy De Baer

Manager · since 19 mars 2008 · until 01 mars 1900

Ended
Tommy De Baer

Manager · since 19 mars 2008

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/01/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/06/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other25/03/2008
    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. 2024
    Annual accounts 20241,4 k €
  2. 2023
    Annual accounts 20233,7 k €
  3. 2022
    Annual accounts 20223,1 k €
  4. 2021
    Annual accounts 20216,3 k €
  5. 2015
    Annual accounts 201557,8 k €
  6. 2014
    Annual accounts 20147,7 k €
  7. 2013
    Annual accounts 20133,4 k €
  8. 2012
    Annual accounts 20121,3 k €
  9. 2011
    Annual accounts 201110,1 k €
  10. 2010
    Annual accounts 20105,2 k €
  11. 2009
    Annual accounts 200913,6 k €
  12. 20/03/2008
    IncorporationPrivate limited company