MOTOR ONE
The computed 12-month bankruptcy probability of MOTOR ONE is 6.3% (elevated). The 2024 annual accounts show negative equity (€-76k) and a net result of €-44k. Its solvency ranks better than 5% of 6675 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-76k |
| Net result | €-44k |
| Better than sector | 5% |
| Active | 4 yrs |
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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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -394.1% | 20.4% | |
| Net result | €-44k | €4k | |
| Equity | €-76k | €16k | |
| Gross operating margin | €-43k | €24k | |
| Total assets | €19k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-43k |
| Net profit | €-44k |
| Cash flow | €-43k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €19k |
| Equity | €-76k |
| Debt | €95k |
| of which ≤ 1y | €95k |
| of which > 1y | - |
| Working capital | €-78k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -403.0% |
| Solvency | -394.1% |
| Debt / equity | -1.25 |
| Long-term debt ratio | - |
| Interest coverage | -862.19 |
| Gross margin | - |
| Net margin | - |
| ROA | -226.5% |
| ROE | 57.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €19k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €18k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €19k |
| Equity | 10/15 | €-76k |
| Accumulated profits (losses) | 14 | €-76k |
| Amounts payable | 17/49 | €95k |
| Amounts payable within one year | 42/48 | €95k |
| Trade debts payable within one year | 44 | €93k |
| Income statement | ||
| Gross operating margin | 9900 | €-43k |
| Operating result | 9901 | €-44k |
| Financial charges | 65 | €50 |
| Result before taxes | 9903 | €-44k |
| Net result for the period | 9904 | €-44k |
| Result to be appropriated | 9905 | €-44k |
| NACE primary | Retail trade(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 20-05-2022 |
| Status | Active |
| Postal code | 8501 |
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. |
|---|---|---|---|---|
| 34016C0770/00B008 | Flanders | 1,645 m² | 1 · 1,381 m² | 11.2 m · 1 fl. |
| 34392C0069/00R002 | Flanders | 7 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-09-2024 Registered office moved from Kortrijk to Heule
- 8500 Kortrijk, Garenstraat 11A → 8501 Heule, Kortrijksestraat 62
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8501 Heule, Kortrijksestraat 62",
"city": "Heule",
"region": "vlaams_gewest",
"street": "Kortrijksestraat",
"country": "BE",
"postcode": "8501",
"box_number": null,
"street_number": "62",
"locality_suffix": null
},
"old_address": {
"raw": "8500 Kortrijk, Garenstraat 11A",
"city": "Kortrijk",
"region": "vlaams_gewest",
"street": "Garenstraat",
"country": "BE",
"postcode": "8500",
"box_number": "A",
"street_number": "11",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "De bestuurder beslist om de zetel van de vennootschap te verplaatsen van 8500 Kortrijk, Garenstraat 11A naar 8501 Heule, Kortrijksestraat 62 en dit met ingang van heden.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-24",
"filing_date": "2024-09-13",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-06-24",
"unanimous": null
},
"subject_company": {
"kbo": "0786.407.902",
"name_full": "MOTOR ONE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Mohammed Abd El Hafez",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 24/09/2024 - Annexes du-Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MOTOR ONE |