MOLCON INTERWHEELS
ActiveSummary
MOLCON INTERWHEELS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.6m and a net result of €347,364. Equity has been growing by about 3.3% per year since 2018. Its solvency ranks better than 45% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-12-2001 Normal situation
- Activity
- Wholesale of motor vehicle parts and accessories NACE 46720
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 112 Paritair Comité voor het garagebedrijf · annual accounts 2025
- Establishment unit
- 2.095.886.918 9200 Dendermonde, since 18-04-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 19-03-2025
Board and ownership
Board
- Stefan PeetersDirector · since 02-06-2022
- Tom TorfsDirector · since 02-06-2022
- Auditor
- Conscius Bedrijfsrevisoren BV
Shareholders
- TenSco100%2025 annual accounts of TenSco
- PEW HOLDING BVconsolidatesannual accounts 2021
- Holdings
- Shares in 1 company Lovitas.connect
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Turnover
- €42.8m
- ▼ 1.2%
- Profit
- €347,364
- ▼ 32.7%
- Equity
- €6.6m
- ▲ 3.9%
- Total assets
- €16.1m
- ▼ 0.7%
- Employees on 31-12-2025
- 42
- ▼ 6.7%
Score breakdownraises riskLiquidity: current ratio 1.70, cash €797,994Size: turnover €42.8m, 42.7 FTE, total assets €16.1mlowers riskFounded in 2001Legal form: public limited companyShow the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
66+2
equity 40.9% of total assets
Liquidity
30+2
short-term debt 52.4% · cash 5.0%
Profitability
48=
return on assets 2.2%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.3%● unchanged vs 08-2025highest value
10-2025: 0.3%● unchanged vs 09-2025highest value
11-2025: 0.3%● unchanged vs 10-2025highest value
12-2025: 0.3%● unchanged vs 11-2025highest value
01-2026: 0.3%● unchanged vs 12-2025highest value
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.2%▼ -0.1 percentage points vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (1.58 in 2024), above the usual 1.5. Short-term debt is 52.4% and cash 5% of total assets. However, 59.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 48% of them on solvency, 29% on liquidity, 32% on profitability and 46% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
28 days early
2023
30 days late
2022
102 days late
2021
45 days late
2020
26 days late
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 24 filings
Turnover
€42.8m▼ 1.2%
2024 · €43.4m
EBIT margin
2.4%▼ 0.4pp
2024 · 2.9%
Net result
€347,364▼ 32.7%
2024 · €516,220
Working capital
€5.9m▲ 6.6%
2024 · €5.5m
In the rankings
#3 employer in Dendermonde, Wholesale and retail trade sector#6 company by total assets in Dendermonde, Wholesale and retail trade sector
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 16% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Turnover€42.8m
2025
Operating result€1.0m
2025
Net result€0.3m
2025
Total assets€16.1m
2025
Equity€6.6m
2025
Debt€9.5m
2025
Working capital€5.9m
2025
EBIT margin2.4%
2025
Return on assets (ROA)2.2%
2025
Solvency40.9%
2025
Current ratio1.70
2025
Staff (FTE)42.7
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€37.5m-€37.6m▲ 0.4%€40.2m▲ 6.9%€46.2m▲ 15.0%€55.5m▲ 20.1%€47.5m▼ 14.4%€43.4m▼ 8.8%€42.8m▼ 1.2%
Operating result€0.8m-€0.6m▼ 21.8%€1.1m▲ 91.4%€1.5m▲ 30.3%€2.3m▲ 53.4%€2.0m▼ 12.7%€1.3m▼ 37.0%€1.0m▼ 16.4%
Net result€0.3m-€0.2m▼ 41.2%€0.6mabove the sector's middle half▲ 245%€0.9mabove the sector's middle half▲ 43.0%€1.3mabove the sector's middle half▲ 39.4%€1.0mabove the sector's middle half▼ 25.0%€0.5mwithin the sector's middle half▼ 46.8%€0.3mwithin the sector's middle half▼ 32.7%
EBIT margin2.0%-1.6%▼ 0.4pp2.8%▲ 1.2pp3.2%▲ 0.4pp4.1%▲ 0.9pp4.2%▲ 0.1pp2.9%▼ 1.3pp2.4%▼ 0.4pp
Equity€5.4m-€5.2m▼ 2.8%€5.8mabove the sector's middle half▲ 10.3%€6.2mabove the sector's middle half▲ 7.9%€7.1mabove the sector's middle half▲ 14.5%€6.5mabove the sector's middle half▼ 8.7%€6.3mabove the sector's middle half▼ 2.2%€6.6mabove the sector's middle half▲ 3.9%
Total assets€11.5m-€11.9m▲ 3.5%€13.8mabove the sector's middle half▲ 15.2%€15.7mabove the sector's middle half▲ 14.3%€17.5mabove the sector's middle half▲ 11.5%€15.2mabove the sector's middle half▼ 13.0%€16.2mabove the sector's middle half▲ 6.5%€16.1mabove the sector's middle half▼ 0.7%
Debt€6.1m-€6.6m▲ 9.2%€7.9m▲ 19.2%€9.4m▲ 19.2%€10.3m▲ 9.6%€8.8m▼ 15.1%€9.9m▲ 12.9%€9.5m▼ 3.7%
Working capital€5.3m-€5.0m▼ 6.1%€5.3mabove the sector's middle half▲ 6.2%€5.7mabove the sector's middle half▲ 7.9%€6.9mabove the sector's middle half▲ 21.2%€6.5mabove the sector's middle half▼ 7.1%€5.5mabove the sector's middle half▼ 14.0%€5.9mabove the sector's middle half▲ 6.6%
Solvency46.6%-43.7%▼ 2.9pp41.8%within the sector's middle half▼ 1.9pp39.5%within the sector's middle half▼ 2.4pp40.5%within the sector's middle half▲ 1.1pp42.5%within the sector's middle half▲ 2.0pp39.1%within the sector's middle half▼ 3.5pp40.9%within the sector's middle half▲ 1.8pp
Current ratio1.94-1.80▼ 0.141.72within the sector's middle half▼ 0.081.63within the sector's middle half▼ 0.091.72within the sector's middle half▲ 0.091.81within the sector's middle half▲ 0.101.58within the sector's middle half▼ 0.231.70within the sector's middle half▲ 0.12
Return on assets (ROA)2.8%-1.6%▼ 1.2pp4.7%within the sector's middle half▲ 3.1pp5.9%within the sector's middle half▲ 1.2pp7.4%within the sector's middle half▲ 1.5pp6.4%within the sector's middle half▼ 1.0pp3.2%within the sector's middle half▼ 3.2pp2.2%within the sector's middle half▼ 1.0pp
Staff (FTE)41.4-41.5▲ 0.2%39.2above the sector's middle half▼ 5.5%43above the sector's middle half▲ 9.7%44.5above the sector's middle half▲ 3.5%43.1above the sector's middle half▼ 3.1%43.2above the sector's middle half▲ 0.2%42.7above the sector's middle half▼ 1.2%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.1m
Fixed assets
€1.7m ▲ 49.2%
Current assets
€14.4m ▼ 4.6%
Equity and liabilities €16.1m
Equity
€6.6m ▲ 3.9%
Debt
€9.5m ▼ 3.7%
Debt's share of the balance-sheet total falls from 60.9% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.5m▼
2024 · €1.6m
Cash flow
€790,342▼
2024 · €858,356
Quick ratio
0.47▲
2024 · 0.45
Debt to equity
1.44▼
2024 · 1.56
ROE
5.3%▼
2024 · 8.1%
Interest coverage
4.11▲
2024 · 3.76
Debt ≤ 1 year
€8.4m▼
2024 · €9.5m
Debt > 1 year
€725,856▲
2024 · €347,726
Income taxes
€207,609▼
2024 · €221,245
Customer credit
17 days▼
2024 · 18 days
Supplier credit
27 days▲
2024 · 20 days
Staff costs
€3.2m▲
2024 · €3.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 44 | 47 | 46 | 45 | 42 |
| full-time | 37 | 42 | 42 | 43 | 40 |
| part-time | 7 | 5 | 4 | 2 | 2 |
| in full-time equivalents | 42 | 45.2 | 44.6 | 44.1 | 41.1 |
| Average over the year, in full-time equivalents | 43 | 44.5 | 43.1 | 43.2 | 42.7 |
| On a permanent contract | 39 | 42 | 46 | 45 | 42 |
| Joined | 11 | 25 | 11 | 4 | 1 |
| Left | 10 | 22 | 12 | 5 | 4 |
| Agency workers, average number | - | - | 1.6 | 0.6 | 0.1 |
| Training hours | 183 | 47 | 908 | 769 | 774 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €5.1m | €5.1m | €4.9m | €6.6m | €6.0m |
| Pledge on the business | €4.4m | €5.5m | €9.1m | €9.1m | €9.1m |
| Mandates to pledge the business | €0 | - | - | - | - |
| Carrying value of the other pledged assets | €3.4m | €2.4m | €2.2m | €1.9m | €2.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €187,787 | €355,658 | €277,841 | €636,623 | €1.1m |
| Depreciation and write-downs of the year | €306,731 | €297,667 | €300,049 | €342,135 | €442,978 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €4,992 | €4,800 | €15,750 | €16,340 | €16,690 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €38,260 awarded · €38,175 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €7,500 | €7,500 |
| 2024 | 1 | €501 | €2,716 |
| 2023 | 3 | €9,126 | €27,718 |
| 2022 | 2 | €21,133 | €241 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €46.3m | €55.7m | €47.8m | €43.7m | €43.0m | ▼ 1.6% |
| Turnover70 | €37.5m | €37.6m | €40.2m | €46.2m | €55.5m | €47.5m | €43.4m | €42.8m | ▼ 1.2% |
| Own construction capitalised72 | - | - | - | - | - | - | €0.08m | €0 | ▼ 100% |
| Other operating income74 | - | - | - | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 22.1% |
| Non-recurring operating income76A | - | - | - | €0.004m | €0.002m | €0.02m | €0.02m | €0 | ▼ 100% |
| Operating charges60/66A | - | - | - | €44.8m | €53.4m | €45.8m | €42.4m | €42.0m | ▼ 1.1% |
| Goods for resale, raw materials and consumables60 | - | - | - | €35.7m | €43.2m | €36.7m | €33.1m | €32.3m | ▼ 2.6% |
| Purchases600/8 | - | - | - | €38.0m | €44.1m | €36.3m | €32.6m | €31.8m | ▼ 2.6% |
| Change in stocks: decrease (increase)609 | - | - | - | -€2.3m | -€0.8m | €0.4m | €0.5m | €0.5m | ▼ 1.8% |
| Services and other goods61 | - | - | - | €5.8m | €6.3m | €6.3m | €6.2m | €6.2m | ▼ 0.5% |
| Remuneration, social security and pensions62 | - | - | - | €2.6m | €3.2m | €3.0m | €3.0m | €3.2m | ▲ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 29.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.4m | €0.3m | -€0.4m | -€0.2m | -€0.1m | ▲ 56.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | -€0.1m | €0 | - | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 14.2% |
| Non-recurring operating charges66A | - | - | - | - | €0.02m | €0 | - | €0.008m | - |
| Operating profit (loss)9901 | €0.8m | €0.6m | €1.1m | €1.5m | €2.3m | €2.0m | €1.3m | €1.0m | ▼ 16.4% |
| Financial income75/76B | - | - | - | €0.07m | €0.1m | €0.07m | €0.06m | €0.05m | ▼ 14.3% |
| Recurring financial income75 | €0.09m | €0.07m | €0.05m | €0.07m | €0.1m | €0.07m | €0.06m | €0.05m | ▼ 14.3% |
| Income from financial fixed assets750 | - | - | - | €0.04m | €0.009m | €0.005m | €0.008m | €0.003m | ▼ 64.6% |
| Income from current assets751 | - | - | - | - | - | €0.001m | €0 | - | - |
| Other financial income752/9 | - | - | - | €0.03m | €0.09m | €0.07m | €0.05m | €0.05m | ▼ 6.4% |
| Financial charges65/66B | - | - | - | €0.3m | €0.5m | €0.7m | €0.6m | €0.5m | ▼ 5.3% |
| Recurring financial charges65 | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | €0.7m | €0.6m | €0.5m | ▼ 4.6% |
| Debt charges650 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | €0.4m | €0.4m | ▼ 14.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €329 | €0.001m | €0 | - | - | - |
| Other financial charges652/9 | - | - | - | €0.09m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 24.8% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.002m | €0.004m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.3m | €0.9m | €1.3m | €1.8m | €1.3m | €0.7m | €0.6m | ▼ 24.7% |
| Income taxes67/77 | €0.2m | €0.1m | €0.3m | €0.4m | €0.5m | €0.4m | €0.2m | €0.2m | ▼ 6.2% |
| Taxes670/3 | - | - | - | €0.4m | €0.5m | €0.4m | €0.2m | €0.2m | ▼ 6.2% |
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.6m | €0.9m | €1.3m | €1.0m | €0.5m | €0.3m | ▼ 32.7% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.2m | €0.6m | €0.9m | €1.3m | €1.0m | €0.5m | €0.3m | ▼ 32.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.5m | €11.9m | €13.8m | €15.7m | €17.5m | €15.2m | €16.2m | €16.1m | ▼ 0.7% |
| Fixed assets21/28 | €0.5m | €0.7m | €1.0m | €0.9m | €0.9m | €0.9m | €1.2m | €1.7m | ▲ 49.2% |
| Intangible fixed assets21 | €0.001m | €0.001m | €0.001m | €0.001m | €469 | €255 | €0 | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.7m | €1.0m | €0.9m | €0.9m | €0.9m | €1.1m | €1.7m | ▲ 51.6% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Furniture and vehicles24 | - | - | - | €0.5m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 5.1% |
| Leasing and similar rights25 | - | - | - | €0.3m | €0.2m | €0.1m | €0.07m | €0.6m | ▲ 716% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.006m | €0.02m | €0.2m | €0.3m | ▲ 52.3% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.03m | €0.02m | ▼ 45.0% |
| Other financial fixed assets284/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.03m | €0.02m | ▼ 45.0% |
| Shares284 | - | - | - | €200 | €200 | €200 | €200 | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.03m | €0.02m | ▼ 44.6% |
| Current assets29/58 | €11.0m | €11.3m | €12.7m | €14.8m | €16.6m | €14.4m | €15.1m | €14.4m | ▼ 4.6% |
| Amounts receivable after more than one year29 | - | - | - | €1.0m | €0.3m | €0 | - | - | - |
| Trade receivables290 | - | - | - | €1.0m | €0.3m | €0 | - | - | - |
| Stocks and contracts in progress3 | €8.6m | €8.4m | €8.5m | €10.8m | €11.3m | €11.1m | €10.8m | €10.4m | ▼ 3.8% |
| Stocks30/36 | - | - | - | €10.8m | €11.3m | €11.1m | €10.8m | €10.4m | ▼ 3.8% |
| Goods purchased for resale34 | - | - | - | €10.8m | €11.3m | €11.1m | €10.8m | €10.4m | ▼ 3.8% |
| Amounts receivable within one year40/41 | €1.8m | €2.4m | €2.9m | €2.8m | €3.5m | €1.6m | €2.4m | €2.2m | ▼ 7.9% |
| Trade receivables40 | - | - | - | €2.3m | €3.3m | €1.4m | €2.1m | €2.0m | ▼ 5.8% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 26.6% |
| Cash at bank and in hand54/58 | €0.05m | €0.05m | €0.1m | €0.1m | €1.1m | €1.0m | €1.1m | €0.8m | ▼ 29.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.4m | €0.7m | €0.7m | €1.0m | ▲ 31.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.5m | €11.9m | €13.8m | €15.7m | €17.5m | €15.2m | €16.2m | €16.1m | ▼ 0.7% |
| Equity10/15 | €5.4m | €5.2m | €5.8m | €6.2m | €7.1m | €6.5m | €6.3m | €6.6m | ▲ 3.9% |
| Contributions10/11 | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Capital10 | - | - | - | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Issued capital100 | - | - | - | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €1.9m | €1.7m | €2.2m | €2.7m | €3.6m | €3.0m | €2.8m | €3.1m | ▲ 8.7% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.1m | €0.1m | €0 | - | - | - |
| Environmental obligations163 | - | - | - | €0.1m | €0.1m | €0 | - | - | - |
| Amounts payable17/49 | €6.1m | €6.6m | €7.9m | €9.4m | €10.3m | €8.8m | €9.9m | €9.5m | ▼ 3.7% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.5m | €0.3m | €0.3m | €0.3m | €0.3m | €0.7m | ▲ 109% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.7m | ▲ 109% |
| Leasing and similar obligations172 | - | - | - | €0.2m | €0.1m | €0.07m | €0.01m | €0.4m | ▲ 30× |
| Credit institutions173 | - | - | - | €0.09m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 5.7% |
| Amounts payable within one year42/48 | €5.7m | €6.3m | €7.4m | €9.1m | €9.7m | €7.9m | €9.5m | €8.4m | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.8m | €0.8m | €0.1m | €0.2m | €0.2m | ▲ 17.9% |
| Financial debts43 | - | - | - | €4.0m | €4.0m | €4.7m | €6.2m | €5.0m | ▼ 18.3% |
| Credit institutions430/8 | - | - | - | €4.0m | €4.0m | €4.7m | €6.2m | €5.0m | ▼ 18.3% |
| Trade debts44 | €0.9m | €1.6m | €2.1m | €3.2m | €4.1m | €1.7m | €1.9m | €2.4m | ▲ 27.1% |
| Suppliers440/4 | - | - | - | €3.2m | €4.1m | €1.7m | €1.9m | €2.4m | ▲ 27.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.02m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.6m | €0.8m | €0.5m | €0.7m | €0.7m | ▲ 1.6% |
| Taxes450/3 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 4.7% |
| Remuneration and social security454/9 | - | - | - | €0.4m | €0.5m | €0.3m | €0.4m | €0.4m | ▼ 0.2% |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.01m | €0.9m | €0.7m | €0.2m | ▼ 76.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.3m | €0.5m | €0.03m | €0.3m | ▲ 12× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.2m | €0.6m | €0.9m | €1.3m | €1.0m | €0.5m | €0.3m | ▼ 32.7% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 29.5% |
| Operating cash flow (approximation) | €0.5m | €0.4m | €0.9m | €1.2m | €1.6m | €1.3m | €0.9m | €0.8m | ▼ 7.9% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.6m | -€0.2m | -€0.3m | -€0.3m | -€0.6m | -€1.0m | ▼ 57.5% |
| Change in cash | - | -€0.004m | €0.07m | €0.003m | €1.0m | -€0.1m | €0.1m | -€0.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as MOLCON INTERWHEELS has now. Two years later, 0.2% had gone bankrupt and 96.2% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96.2%
was still going
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MOLCON INTERWHEELS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for MOLCON INTERWHEELS. 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.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00197246 | |
| 31-12-2024 | full format | 03-07-2025 | 2025-00222217 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00416300 | |
| 31-12-2022 | full format | 10-11-2023 | 2023-00510045 | |
| 31-12-2021 | full format | 14-09-2022 | 2022-20428861 | |
| 31-12-2020 | full format | 26-08-2021 | 2021-54100014 | |
| 31-12-2019 | full format | 03-07-2020 | 2020-26400183 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-32100016 | |
| 31-12-2017 | full format | 03-07-2018 | 2018-28500581 | |
| 31-12-2016 | full format | 13-07-2017 | 2017-31100518 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
Statutory auditor 1
Conscius Bedrijfsrevisoren BV
Current
Auditor · appointed in the act of 24-05-2024 · permanent representative: Edwin Maes
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De raad van bestuur en de gedelegeerden tot het dagelijks be-stuur, deze laatsten binnen de grenzen van dit bestuur, mogen bijzondere…”
deed of 02-02-2024Owners and capital
Shareholders
2 ownersChain of control
- PEW HOLDING BVNL
- TenSco
- MOLCON INTERWHEELS
Owners 2
- TenScoparentSourceaccounts TenSco 2025Equity €2.5m Profit of €78,341 in 2025 (profit of €625,395 in 2024)100%
- PEW HOLDING BVNLconsolidating parentconsolidates
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 12-09-2023 ↗
- enige aandeelhouder all shares
Capital over time
- 02-02-2024 Capital stated in the deed · €3,180,000 · 3,180 shares
Mandate history
7 people, 3 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Stefan Peeters |
|
| Tom Torfs |
|
| Conscius Bedrijfsrevisoren BV |
|
| LNAVEGA |
|
| Peter MOL |
|
| Willem Johannes KOLE |
|
| Willem Kole |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rechtspersoon-bestuurder benoemt vaste vertegenwoordiger overeenkomstig wettelijke bepalingen, vaste vertegenwoordiger…”
Articles of association, deed of 02-02-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2024Equity €13,155 Loss of €5,406 in 2025 (loss of €10,733 in 2024) Checked score 681%
Companies at the same address
3 other companiesConnections & network
2 current directorsThe network starts from the directors of MOLCON INTERWHEELS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
25-06
full format · 36 days before the deadline
2025
03-07
full format · 28 days before the deadline
2024
30-08
full format · 30 days late
24-05
Gazette deed
Appointment: Conscius Bedrijfsrevisoren BV (statutory auditor)2 points ▸
Gazette deed
Appointment: Conscius Bedrijfsrevisoren BV (statutory auditor)
2 points ▸
- General meeting, 31-03-2024
- Auditor appointment, Conscius Bedrijfsrevisoren BV
02-02
Gazette deed
Resignations: Peter MOL, Willem Johannes KOLE and Verheyden, Heyvaert & coRegistered office clause · Amendment of the articles · Capital8 points ▸
Gazette deed
Resignations: Peter MOL, Willem Johannes KOLE and Verheyden, Heyvaert & co
Registered office clause · Amendment of the articles · Capital8 points ▸
- Registered office clause, “Dendermonde, Hoogveld 56” (deed in Dutch)
- Director resignation, Peter MOL (director)
- Director resignation, Willem Johannes KOLE (director)
- Auditor resignation, Verheyden, Heyvaert & co (statutory auditor)
- Other provision, “verklaring enige aandeelhouder, akte” (deed in Dutch)
- General meeting, 27-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €3,180,000
2023
10-11
full format · 102 days late
12-09
Gazette deed
Resignations: Willem Kole (director) and Peter Mol (director)Shareholding4 points ▸
Gazette deed
Resignations: Willem Kole (director) and Peter Mol (director)
Shareholding4 points ▸
- General meeting, 07-07-2023
- Director resignation, Willem Kole (director)
- Director resignation, Peter Mol (director)
- enige aandeelhouder holds all the shares
2022
31-12
Financial
Highest result from 2018 to 2025net €1.3m ▲39.4%
The operating result of €2.3m and the net result of €1.3m are both a record.
14-09
full format · 45 days late
08-09
Gazette deed
Reappointment: Verheyden,Heyvaert en Co BV (statutory auditor)Permanent representative: Geert Heyvaert3 points ▸
Gazette deed
Reappointment: Verheyden,Heyvaert en Co BV (statutory auditor)
Permanent representative: Geert Heyvaert3 points ▸
- General meeting, 30-06-2021
- Auditor reappointment, Verheyden,Heyvaert en Co BV (statutory auditor)
- Permanent representative, Geert Heyvaert
17-06
Gazette deed
Reappointments: Peter Mol, Stefan Peeters and 2 others5 points ▸
Gazette deed
Reappointments: Peter Mol, Stefan Peeters and 2 others
5 points ▸
- General meeting, 02-06-2022
- Director reappointment, Peter Mol (director)
- Director reappointment, Stefan Peeters (director)
- Director reappointment, Tom Torfs (director)
- Director reappointment, Willem Kole (director)
2021
26-08
full format · 26 days late
Show earlier events
2020
03-07
full format · 28 days before the deadline
2019
31-12
Financial
Weakest financial yearnet €188,375 ▼41.2%
The net result drops to €188,375, the lowest from 2018 to 2025. It recovers the following year.
12-07
full format · 19 days before the deadline
2018
03-07
full format · 28 days before the deadline
2017
13-07
full format · 18 days before the deadline
2001
29-12
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MOLCON INTERWHEELS in Dutch
Abbreviation
MIW in Dutch
Enterprise number
0476.345.323
LEI code
549300GFXM023VTGLT15
live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
17-12-2001
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-02-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 02-02-2024 (in Dutch)Registered office and establishments
Registered office
Hoogveld 56, 9200 Dendermonde, Belgium
Establishment unit
Hoogveld 56, 9200 Dendermonde since 18-04-2002 · unit number 2.095.886.918
Phone
+3252259010Dendermonde
Activities
NACEBEL 2025VAT activities
46720
Wholesale of motor vehicle parts and accessories main activity
Social security (RSZ) activities
46720
Wholesale of motor vehicle parts and accessories main activity
Codes under NACEBEL 2008
VAT activities
45310
main activity
Social security (RSZ) activities
45310
main activity
Codes under NACEBEL 2003
VAT activities
50301
main activity
Social security (RSZ) activities
50301
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
112 Paritair Comité voor het garagebedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 02-02-2024 (in Dutch)
“De aan- en verkoop,de bemiddeling,de opslag,de logistieke behandeling en het transport van wielen en banden,zowel in België als in het…”
5 activities
- De aan- en verkoop,de bemiddeling,de opslag,de logistieke behandeling en het transport van wielen en banden,zowel in België als in het buitenland.
- De productie en handel in dubbelluchtsystemen en wielen voor hoofdzakelijk landbouwvoertuigen;de import/groothandel van banden en binnenbanden voor alle voertuigen (met specialiteit naar de landbouwsector toe);de lokale bandencentrale;verkoop en montage van banden,aluvelgen,batterijen en andere onderdelen voor voertuigen,zijnde personenwagens,vrachtwagens,industriële of landbouwvoertuigen en andere machines;de constructie en de onderaanneming voor derden.
- De opslag en verkoop van brandstoffen,-vast,vloeibaar of gasvormig voor motorvoertuigen of andere doeleinden.
- Zij mag lenen of voorschotten toestaan aan verwante ondernemingen,aandeelhouders of bestuurders,of aan derden,binnen het kader van haar voorwerp.
- De vennootschap zal zich mogen interesseren door middel van inbreng,versmelting,deelname of anderszins,in alle bestaande of op te richten vennootschappen en ondernemingen,zowel in België als in het buitenland,die een gelijkaardig voorwerp nastreven of waarvan het voorwerp in innig verband met het hare staat.
Invoicing and payment
VAT number
BE 0476.345.323
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of May at 14:00
deed of 02-02-2024 (in Dutch)Environmental permits
3 applications in Flanders since 2018 · 1 granted
Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Een grond gebruiken, aanleggen of inrichten
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
1.9 ha
Building footprint
1.1 ha
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42021A0884/00Y003 | Flanders | 1.9 ha | 1 · 1.1 ha | - |