Summary
The computed 12-month bankruptcy probability of MAYAR AUTO is 3.9% (moderate). The 2023 annual accounts show equity of €1k and a net result of €-945. Its solvency ranks better than 23% of 24629 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023
Profitability35
Solvency26
Growth-
Track record79
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
1%
Return on assets
-0.9%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-10-2024, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2023
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€1k
Total assets
€109k
Net result
€-945
Working capital
€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €109k
Equity
€1k
Debt
€108k
Debt finances 99.0% of the balance-sheet total.
Key figures and ratios
Current ratio
1.01
Quick ratio
0.36
ROE
-89.5%
ROA
-0.9%
Debt ≤ 1 year
€108k
A ratio outside any meaningful range has been withheld (balance sheet total €109k, equity €1k).
Filed annual accounts As filed with the NBB · 2023 · 29 lines
Balance sheet
Code2023
Assets
Total assets20/58€109k
Current assets29/58€109k
Stocks and contracts in progress3€71k
Stocks30/36€71k
Amounts receivable within one year40/41€16k
Trade receivables40€11k
Other amounts receivable41€5k
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€20k
Equity and liabilities
Total equity and liabilities10/49€109k
Equity10/15€1k
Contributions10/11€2k
Profit (loss) carried forward14€-945
Amounts payable17/49€108k
Amounts payable within one year42/48€108k
Trade debts44€6k
Suppliers440/4€6k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Other amounts payable47/48€98k
Income statement
Code2023
Other operating charges640/8€349
Gross operating margin9900€-1k
Operating profit (loss)9901€-2k
Financial income75/76B€657
Recurring financial income75€657
Profit (loss) for the period before taxes9903€-945
Profit (loss) for the period9904€-945
Profit (loss) for the period to be appropriated9905€-945
Appropriation of the result
Profit (loss) to be appropriated9906€-945
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 |
|---|---|
| Other operating charges640/8 | €349 |
| Gross operating margin9900 | €-1k |
| Operating profit (loss)9901 | €-2k |
| Financial income75/76B | €657 |
| Recurring financial income75 | €657 |
| Profit (loss) for the period before taxes9903 | €-945 |
| Profit (loss) for the period9904 | €-945 |
| Profit (loss) for the period to be appropriated9905 | €-945 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €109k | |
| Current assets29/58 | €109k | |
| Stocks and contracts in progress3 | €71k | |
| Stocks30/36 | €71k | |
| Amounts receivable within one year40/41 | €16k | |
| Trade receivables40 | €11k | |
| Other amounts receivable41 | €5k | |
| Cash at bank and in hand54/58 | €2k | |
| Deferred charges and accrued income490/1 | €20k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €109k | |
| Equity10/15 | €1k | |
| Contributions10/11 | €2k | |
| Profit (loss) carried forward14 | €-945 | |
| Amounts payable17/49 | €108k | |
| Amounts payable within one year42/48 | €108k | |
| Trade debts44 | €6k | |
| Suppliers440/4 | €6k | |
| Taxes, remuneration and social security45 | €3k | |
| Taxes450/3 | €3k | |
| Other amounts payable47/48 | €98k | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €-945 |
| Operating cash flow (approximation) | €-945 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2023
Ground area
662 m²
Building footprint
365 m²
Volume, LiDAR
2,808 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
adam motors
since 20232.341.576.535
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0184/00E000 | Flanders | 443 m² | 1 · 225 m² | 11.0 m · 3 fl. |
| 11011A0145/00Y002 | Flanders | 219 m² | 1 · 139 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ADN CARS
BE 1005.345.810
Sint-Jans-Molenbeek · Eq €1,054
DUKA AUTOMOBILES
BE 0774.368.024
Waremme · Eq €1,063
CARXEL
BE 1006.771.314
Evere · Eq €1,063
CBI CARS
BE 1005.574.056
Lier · Eq €1,047
AL BORJ
BE 0828.712.768
Elsene · Eq €1,046
Of 10,667 companies in sector 47811 we hold annual accounts for 5,220. 666 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
47540Retail sale of electrical household appliances
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Scores and ratios are computed by Checked and are not a credit decision.