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MYE Auto

Active
Private limited companyfounded 20224 yrs activeLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 0785.993.770
Summary

The computed 12-month bankruptcy probability of MYE Auto is 3.9% (moderate). The latest annual accounts of MYE Auto were filed more than 90 days after the deadline. The 2022 annual accounts show equity of €17,918 and a net result of €2,698. Its solvency ranks better than 60% of 1804 sector peers (fiscal year 2022). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: Filed more than 90 days late
Axes, FY 2022
Profitability76
Solvency64
Growth-
Track record79
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
38.6%
Return on assets
5.8%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-12-2023, 134 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2022
134 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 134 days after the deadline; the sector median for financial year 2022 is 3 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

MYE Auto was incorporated on 12 May 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

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Financials · fiscal year 2022, micro schema

Equity
€17,918
Total assets
€46,432
Net result
€2,698
Working capital
-€15,916

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

Balance-sheet composition
Assets €46,432
Fixed assets €33,834
Current assets €12,598
Equity and liabilities €46,432
Equity €17,918
Debt €28,514
Debt finances 61.4% of the balance-sheet total.
Key figures and ratios
2022 value
EBITDA
€8,633
Cash flow
€7,933
Current ratio
0.44
Debt to equity
1.59
ROE
15.1%
ROA
5.8%
Interest coverage
416.47
Debt ≤ 1 year
€28,514
Income taxes
€680
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 33 lines
Balance sheet Code2022
Assets
Total assets20/58€46,432
Fixed assets21/28€33,834
Tangible fixed assets22/27€33,236
Furniture and vehicles24€33,236
Financial fixed assets28€598
Current assets29/58€12,598
Amounts receivable within one year40/41€2,424
Trade receivables40€211
Other amounts receivable41€2,213
Cash at bank and in hand54/58€10,175
Equity and liabilities
Total equity and liabilities10/49€46,432
Equity10/15€17,918
Contributions10/11€15,220
Profit (loss) carried forward14€2,698
Amounts payable17/49€28,514
Amounts payable within one year42/48€28,514
Trade debts44€268
Suppliers440/4€268
Taxes, remuneration and social security45€978
Taxes450/3€978
Other amounts payable47/48€27,268
Income statement Code2022
Goods, raw materials, services and sundry goods60/61€13,870
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,235
Other operating charges640/8€53
Gross operating margin9900€8,686
Operating profit (loss)9901€3,398
Financial charges65/66B€21
Recurring financial charges65€21
Profit (loss) for the period before taxes9903€3,378
Income taxes67/77€680
Profit (loss) for the period9904€2,698
Profit (loss) for the period to be appropriated9905€2,698
Appropriation of the result
Profit (loss) to be appropriated9906€2,698

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Goods, raw materials, services and sundry goods60/61€13,870
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,235
Other operating charges640/8€53
Gross operating margin9900€8,686
Operating profit (loss)9901€3,398
Financial charges65/66B€21
Recurring financial charges65€21
Profit (loss) for the period before taxes9903€3,378
Income taxes67/77€680
Profit (loss) for the period9904€2,698
Profit (loss) for the period to be appropriated9905€2,698
Line2022
Assets
Total assets20/58€46,432
Fixed assets21/28€33,834
Tangible fixed assets22/27€33,236
Furniture and vehicles24€33,236
Financial fixed assets28€598
Current assets29/58€12,598
Amounts receivable within one year40/41€2,424
Trade receivables40€211
Other amounts receivable41€2,213
Cash at bank and in hand54/58€10,175
Equity and liabilities
Total equity and liabilities10/49€46,432
Equity10/15€17,918
Contributions10/11€15,220
Profit (loss) carried forward14€2,698
Amounts payable17/49€28,514
Amounts payable within one year42/48€28,514
Trade debts44€268
Suppliers440/4€268
Taxes, remuneration and social security45€978
Taxes450/3€978
Other amounts payable47/48€27,268
Line2022
Profit (loss) for the period9904€2,698
+ Depreciation and write-downs630€5,235
Operating cash flow (approximation)€7,933

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
12-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Wemmel · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
343 m²
Building footprint
196 m²
Volume, LiDAR
1,981 m³
2 parcels, Flanders, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
472 companies at this address See who is registered here
1 establishment unit
MYE Auto
Rue Lecat(L.L) 11, 7100 La LouvièreRenting and leasing of cars and light motor vehicles
since 20222.331.962.152
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
55373B0163/00R000 Wallonia 195 m² 1 · 52 m² 11.2 m · 3 fl.
22662B0387/00R004 Flanders 147 m² 1 · 144 m² 14.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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

Of 1,445 companies in sector 77110 we hold annual accounts for 729. 390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Not found in the Peppol register

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