MAHOCARS
The computed 12-month bankruptcy probability of MAHOCARS is 3.6% (moderate). The 2024 annual accounts show negative equity (€-142k) and a net result of €-57k. Equity is shrinking by ~62.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 3332 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-142k |
| Net result | €-57k |
| Staff (FTE) | 0.8 |
| Better than sector | 5% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -283.9% | 25.2% | |
| Net result | €-57k | €4k | |
| Equity | €-142k | €23k | |
| Gross operating margin | €-21k | €18k | |
| Staff costs | €21k | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-51k |
| Net profit | €-57k |
| Cash flow | €-51k |
| Staff costs | €21k |
| Income taxes | - |
| Dividends | - |
| Total assets | €50k |
| Equity | €-142k |
| Debt | €192k |
| of which ≤ 1y | €192k |
| of which > 1y | - |
| Working capital | €-173k |
| Employees (FTE) | 0.8 |
| 2024 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.03 |
| Working capital ratio | -345.7% |
| Solvency | -283.9% |
| Debt / equity | -1.35 |
| Long-term debt ratio | - |
| Interest coverage | -170.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -113.2% |
| ROE | 39.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €50k |
| Fixed assets | 21/28 | €31k |
| Tangible fixed assets | 22/27 | €31k |
| Current assets | 29/58 | €19k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €50k |
| Equity | 10/15 | €-142k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-147k |
| Amounts payable | 17/49 | €192k |
| Amounts payable within one year | 42/48 | €192k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-21k |
| Operating result | 9901 | €-56k |
| Financial charges | 65 | €300 |
| Result before taxes | 9903 | €-57k |
| Net result for the period | 9904 | €-57k |
| Result to be appropriated | 9905 | €-57k |
| NACE primary | Wholesale trade(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 10-09-2021 |
| Status | Active |
| Postal code | 9230 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025G1094/02G000 | Flanders | 1,712 m² | 1 · 186 m² | 9.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-04-2026 Act object · General meeting · Officer resignation · Power of attorney
- Filing: 2026-03-30 · MANOSARS
- Publication: 2026-04-09 · MANOSARS
- Act object: Ontslagen · MANOSARS
- General meeting: 2021-09-09 · MANOSARS
- Officer resignation: date: 2021-09-09, role: niet-statutaire bestuurder · Anna Van Den Abeele
- Power of attorney: scope: acties nodig voor de uitvoering en verwerking en publicatie van de beslissingen van deze vergadering, duration: voor onbepaalde tijd en tot aan de uitdrukkelijke herroeping · BV DE SCHRIJVER BOEKHOUDKANTOOR
- Power of attorney: scope: namens de rechtspersoon de acties te stellen die nodig zijn voor de publicatie van zijn ontslag in het Belgisch Staatsblad en de Kruispuntbank van Ondernemingen, duration: voor onbepaalde tijd · Anna Van Den Abeele
Technical details
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}14-09-2021 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MAHOCARS |