MYG Lease
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of MYG Lease is 2.7% (moderate). The 2025 annual accounts show negative equity (-€231,929) and a net result of -€9,093. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 5% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 19-05-2016 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
- Establishment unit
- 2.253.078.188 6110 Montigny-le-Tilleul, since 25-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
- Gross margin
- -€751
- ▲ 96.9%
- Loss
- €9,093
- ▼ 75.2%
- Equity
- -€231,929
- ▼ 4.1%
- Total assets
- €65,728
- ▼ 38.8%
Score breakdownraises riskLoss of €9,093, the second in a row (financial year 2025)Negative equity -€231,929Liquidity: current ratio 0.18, cash €160, halvedlowers riskSize: total assets €65,728Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 6% of them on solvency, 2% on liquidity, 13% on profitability and 32% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as MYG Lease: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €56,600 and €79,000, founded between 2015 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| MYG Lease Montigny-le-Tilleul | €65,728 | -€751 |
| INTERSARI Quaregnon | €78,957 | -€9,721 |
| BF CARS Evere | €62,450 | -€2,525 |
| MODACO MOTORS Oudergem | €65,646 | €1,025 |
| PAVISA Ukkel | €56,577 | -€6,203 |
| MM CARS Remicourt | €59,807 | -€12,438 |
| Bowi-Export Mol | €75,701 | €1,199 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-07-2026
- Annual accounts 2024filed on 30-07-2025
- Annual accounts 2023filed on 30-07-2024
- Annual accounts 2022filed on 24-08-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 15-04-2026
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MYG Lease
- What is the company number of MYG Lease?
- The company number of MYG Lease is 0654.840.169. The VAT number is the same number with BE in front: BE 0654.840.169.
- Where is MYG Lease based?
- The registered office is at Cité Forte Taille 9, 6110 Montigny-le-Tilleul.Company details
- What does MYG Lease do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of MYG Lease?
- The legal form of MYG Lease is Private limited company (pre-2019) (BVBA).
- When was MYG Lease founded?
- MYG Lease was founded on 19-05-2016.
- Is MYG Lease still active?
- Yes, MYG Lease is an active enterprise in the KBO register.
- What is the turnover of MYG Lease?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is MYG Lease profitable?
- In financial year 2025, MYG Lease made a loss of €9,093.
- Where can I find the annual accounts of MYG Lease?
- MYG Lease filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of MYG Lease due?
- MYG Lease must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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