MKN’s CARS

Active

Private limited companyfounded 20242 yrs activeLuxemburgstraat 20, 9140 Temse, BelgiumKBO/BCE: BE 1011.229.354

Summary

The computed 12-month bankruptcy probability of MKN’s CARS is 2.0% (moderate). The 2025 annual accounts show equity of €8k and a net result of €2k. Its solvency ranks better than 77% of 18280 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

74 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability74▲+74

Solvency91▲+4

Growth78

Track record82

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 2.95 against 2.61 in 2024; short-term debt: 33.9% and cash: 80.6% of total assets), and 33.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filings

Deviation from the deadline

2025

25 d late

2024

92 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€8k▲ 28.1%

2024 · €6k

2024: €6k

2024 → 2025

Total assets

€12k▲ 19.6%

2024 · €10k

2024: €10k

2024 → 2025

Net result

€2k

2024 · €-4k

2024: €-4k

2024 → 2025

Working capital

€8k▲ 28.1%

2024 · €6k

2024: €6k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€6k-€8k▲ 28.1%

Operating result€-4k-€2k

Net result€-4k-€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €2k after a loss of €4k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €12k

66.1%

33.9%

Equity €8k ▲ 28.1%

Debt €4k ▲ 5.8%

Debt's share of the balance-sheet total falls from 38.3% to 33.9%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

2.95▲

2024 · 2.61

Debt to equity

0.51▼

2024 · 0.62

ROE

22.0%▲

2024 · -56.3%

ROA

14.5%▲

2024 · -34.7%

Debt ≤ 1 year

€4k▲

2024 · €4k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 21 lines

Balance sheet Code20242025

Assets

Total assets20/58€10k€12k▲

Current assets29/58€10k€12k▲

Amounts receivable within one year40/41€378€2k▲

Trade receivables40-€2k

Other amounts receivable41€378€418▲

Cash at bank and in hand54/58€10k€10k=

Equity and liabilities

Total equity and liabilities10/49€10k€12k▲

Equity10/15€6k€8k▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-4k€-2k▲

Amounts payable17/49€4k€4k▲

Amounts payable within one year42/48€4k€4k▲

Trade debts44€4k€4k▲

Suppliers440/4€4k€4k▲

Income statement Code20242025

Gross operating margin9900€-4k€2k▲

Operating profit (loss)9901€-4k€2k▲

Profit (loss) for the period before taxes9903€-4k€2k▲

Profit (loss) for the period9904€-4k€2k▲

Profit (loss) for the period to be appropriated9905€-4k€2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€-2k▲

Profit (loss) brought forward from the previous period14P-€-4k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

25-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 25 days late

2025

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Temse · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Luxemburgstraat 209140 Temse

Ground area

7,263 m²

Building footprint

1,443 m²

Volume, LiDAR

16,465 m³

2 parcels, Flanders, Wallonia · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Rue des Andrieux 20, 7370 Dour

NACE 45113

since 20242.362.307.118

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46025B0179/09E000	Flanders	7,219 m²	1 · 1,412 m²	16.4 m · 4 fl.
53021A0987/00_000	Wallonia	44 m²	1 · 30 m²	6.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

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

V12-CARS

BE 1000.087.816

Sint-Jans-Molenbeek · Eq €8,223

Antwerpen · Eq €8,240

3JRE

BE 0774.348.921

Holsbeek · Eq €8,155

Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 1,948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-07-2024

Fiscal year end31-12

Activities, NACEBEL 2025

47811Retail sale of cars and light vans (up to 3.5 tonnes)

47812Retail trade

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

95313Repair and fitting of specific motor vehicle parts

95319Other maintenance and repair of motor vehicles

46720Wholesale of motor vehicle parts and accessories

77110Renting and leasing of cars and light motor vehicles

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.