Financials
- Financial year
- 2023
- Total assets
- €111,690
- Loss
- -€13,589
- Solvency
- -5.3%
MW MOTORS
ActiveSummary
The computed 12-month bankruptcy probability of MW MOTORS is at least 25% (high). For MW MOTORS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€5,907) and a net result of -€13,589. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 24,037 sector peers (NACE 47, financial year 2023). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€111,690total assets 2023
- Equity
- -€5,907
- Loss
- -€13,589
Financial health
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
2023 figures too old to score
Structure
Accounts 444 days overdue3 of 5 deeds read
Signalsraises risk2 changes of registered office in 24 months2 financial years not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late2 ex-officio strike-offs in the KBOFigures for financial year 2023 (filed 02-10-2024)Two or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
20-20
equity -5.3% of total assets
Liquidity
3-28
short-term debt 105.3% · cash 2.6%
Profitability
7-43
return on assets -12.2%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.2%lowest value
12-2024: 11.4%▲ +5.2 percentage points vs 11-2024
01-2025: 11.3%▼ -0.1 percentage points vs 12-2024
02-2025: 11.4%▲ +0.1 percentage points vs 01-2025
03-2025: 11.3%▼ -0.1 percentage points vs 02-2025
04-2025: 11.5%▲ +0.2 percentage points vs 03-2025
05-2025: 18.9%▲ +7.4 percentage points vs 04-2025
06-2025: 20.5%▲ +1.6 percentage points vs 05-2025
07-2025: 20.7%▲ +0.2 percentage points vs 06-2025
08-2025: 22.3%▲ +1.6 percentage points vs 07-2025
09-2025: 24.0%▲ +1.7 percentage points vs 08-2025
10-2025: ≥ 25%▲ +5.3 percentage points vs 09-2025
11-2025: ≥ 25%● unchanged vs 10-2025
12-2025: ≥ 25%● unchanged vs 11-2025
01-2026: ≥ 25%● unchanged vs 12-2025
02-2026: ≥ 25%● unchanged vs 01-2026
03-2026: ≥ 25%● unchanged vs 02-2026
04-2026: ≥ 25%● unchanged vs 03-2026
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026
10-2026: ≥ 25%● unchanged vs 09-2026highest value
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Signals
Seven signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
61 days late
2022
124 days late
2021
145 days late
2020
29 days late
2019
63 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 84 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
- Registered officeDirector in office
- Address struckKBO administration
- Address struckKBO administration
Key points
By topic
Timeline
- Events
- 13
- Since
- 2020
- 20-11-2024Resignation: EL ASMI Walid (director)
- 30-09-2024Annual accounts filed
- 24-04-2024Registered office · Amendment of the articles…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of cars and light vans (up…NACE 47811
- Founded
- 21-02-2019
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 25
- Annual meeting
- Second Tuesday of June at 16:00
- Purpose
- “Exercer l'activité de transport routier de fret de tous biens mobiliers et marchandises…” (deed in French)
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