Equity
-€15,475
Debts exceed assets in financial year 2025.
MCARS
Lifetime
5 annual accounts with figures on one time axispeak -€45 (2022)
-€8,151▼ €5,985
lowest -€8,636 (2025)
-€8,636▼ €6,287
peak -€997 (2021)
-€15,475▼ €8,636
€33,088▲ 10.4%
Board1 name since 2020
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from -€2,166 to -€8,151Loss of €8,636Equity from -€6,839 to -€15,475
Key points
from the 2025 annual accountsLosses
-€16,475 in five years
Every financial year from 2021 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€33,088 188% of the balance sheet
Suppliers 11%Taxes and wages 8%Other 81%
Filings
5 annual accounts since 2021
The last five annual accounts were filed 0 to 1 days before the end of the period.
Starting capital
€1,000
Position in the sector
-87.9%
Lower solvency than 90% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as MCARS has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,007 companies, not a prediction for MCARS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 09-01-2020
- 90 sharesdeed of 13-01-2020
- 10 sharesdeed of 13-01-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740999826
First establishment
Sint-Pietersstraat 98, Ninove
Incorporation
Founding capital of €1,000 · Founders: and · Founder: · published on 13-01-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MCARS Ninove | €17,613 | -€8,151 | -87.9% | - |
| GABANI CONSTRUCT Zaventem | €14,951 | -€4,369 | 43.1% | - |
| DROP WAY Ternat | €20,601 | -€255 | -30.1% | - |
| AIRCO AUTO SERVICE Ixelles | €21,088 | -€1,669 | 53.0% | - |
| JGK CARS Genk | €15,661 | -€966 | 91.9% | - |
| A.G. RENTALIS Brussels | €14,798 | -€23,908 | -158.8% | - |
| Cargo performance Ecaussinnes | €23,489 | €750 | 85.7% | - |
These companies have the same main activity as MCARS: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €14,800 and €23,500, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 09-01-2020Normal situation
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 2 others
- Establishment unit
- 2.297.687.4019402 Ninove, since 10-01-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 26-11-2025
Annual accounts to 30-06-2025
- €17,613▼ 23.9%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on MCARS
MCARS files the micro format. That format states no turnover. The gross margin fell from -€1,844 in 2021 to -€8,151 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MCARS
- What is the company number of MCARS?
- The company number of MCARS is 0740.999.826. The VAT number is the same number with BE in front: BE 0740.999.826.
- Where is MCARS based?
- The registered office is at Sint-Pietersstraat 98, 9402 Ninove.Company details
- What does MCARS do?
- According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
- What is the legal form of MCARS?
- MCARS is a private limited company (BV).
- When was MCARS founded?
- MCARS was founded on 09-01-2020.
- Is MCARS still active?
- Yes, MCARS is an active enterprise in the KBO register.
- What is the turnover of MCARS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MCARS profitable?
- In financial year 2025, MCARS made a loss of €8,636.
- Where can I find the annual accounts of MCARS?
- MCARS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MCARS due?
- MCARS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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