MP AUTO
ActiveFinancials · financial year 2024, micro format
2024 annual accounts filed 403 days after the deadline Filed on 7 September 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00512011.
Annual accounts 2024 filed on 07-09-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
Comparable companies
These companies have the same main activity as MP AUTO: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €158 and €1,350, founded between 2020 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| MP AUTO Seraing | 2024 | €167 | -€3,053 | -€3,756 | - | -€4,553 | 2024 |
| THE SEERHA Jette | 2023 | €158 | -€26,432 | -€1,802 | - | -€1,897 | 2025 |
| ROOHANI Lier | 2020 | €426 | -€12,989 | €0 | - | -€1,575 | 2024 |
| KAD-CAR Schaarbeek | 2022 | €571 | €571 | -€5,342 | - | -€5,342 | 2024 |
| RK7 Beringen | 2024 | €1,189 | -€4,938 | €903 | €36,232 | -€10,938 | 2024 |
| SC Wash Liège | 2024 | €1,348 | -€10,966 | €611 | - | -€4,663 | 2025 |
| PRIME SHINE Gent | 2023 | €1,347 | -€49,229 | -€8,678 | - | -€14,297 | 2025 |
They were chosen from the 869 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,639 companies had the same profile as MP AUTO has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MP AUTO itself: 7.7% within 12 months.
Test of the method
The method was tested on the 497,445 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 7,639 companies, not a prediction for MP AUTO. 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.
| Line | 2024 |
|---|---|
| Gross operating margin9900 | -€3,756 |
| Operating profit (loss)9901 | -€3,756 |
| Profit (loss) for the period before taxes9903 | -€3,756 |
| Income taxes67/77 | €797 |
| Profit (loss) for the period9904 | -€4,553 |
| Profit (loss) for the period to be appropriated9905 | -€4,553 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €167 | |
| Fixed assets21/28 | €0 | |
| Intangible fixed assets21 | €0 | |
| Financial fixed assets28 | €0 | |
| Current assets29/58 | €167 | |
| Cash at bank and in hand54/58 | €167 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €167 | |
| Equity10/15 | -€3,053 | |
| Contributions10/11 | €1,500 | |
| Profit (loss) carried forward14 | -€4,553 | |
| Amounts payable17/49 | €3,220 | |
| Amounts payable within one year42/48 | €3,220 | |
| Trade debts44 | €2,423 | |
| Suppliers440/4 | €617 | |
| Bills of exchange payable441 | €1,806 | |
| Taxes, remuneration and social security45 | €797 | |
| Taxes450/3 | €797 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€4,553 |
| Operating cash flow (approximation) | -€4,553 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 07-09-2026 | 2026-00512011 | NBB |