ACTIVE

MTM Car Parts

Financial year 2024 · Closed on 31/12/2024

Net result-14,1 k €-151,1 %over 1 year
Gross margin192,6 k €-19,4 %over 1 year
Equity151,5 k €-8,5 %over 1 year
Workforce3,8 ETP+26,7 %over 1 year

Identity

Source · BCE/KBO

MTM Car Parts is a Public limited company incorporated in 2017. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Gent. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0678.578.346
Incorporation
13/07/2017
Legal form
Public limited company
Registered office
Korte Magerstraat 3
9050 Gent · FlandreSee on map
Contributed capital
120 000,00 €
Latest accounts
31/12/2024
Average workforce
3,8 ETP
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin192,6 k €238,9 k €162,8 k €114,9 k €154,6 k €
EBITDA-1 k €143,3 k €77,1 k €29,3 k €69,1 k €
Operating result-11,6 k €43,6 k €47,6 k €-13,9 k €20,8 k €
Net result-14,1 k €27,7 k €38,6 k €-14,9 k €26,1 k €
Balance sheet
Equity151,5 k €165,7 k €138 k €99,4 k €114,3 k €
Total assets1,1 M €1,1 M €963,6 k €933 k €910 k €
Cash58,8 k €37 k €43,9 k €23,9 k €38,4 k €
Debts909,7 k €969,4 k €821,9 k €829,1 k €783,7 k €
Other
Workforce3,8 ETP3,0 ETP3,5 ETP4,0 ETP4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

Matthieu Maes

Managing director · since 07 décembre 2023 · until 06 décembre 2029

Active
Thomas Maes

Managing director · since 07 décembre 2023 · until 06 décembre 2029

Active

Ended mandates

Matthieu Maes

Managing director

Ended
Thomas Maes

Managing director

Ended

Other companies at this address

Korte Magerstraat 3 9050 Gent
CompanyCBE no.
GEMINI - 4● Active
0459.040.226
0552.926.625

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202530/09/202421/08/202312/10/202215/10/202114/10/2020
General meeting20/06/202520/09/202430/06/202307/10/202226/08/202123/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/06/202526/08/2025DutchPDF
Abridged model31/12/202320/09/202430/09/2024DutchPDF
Abridged model31/12/202230/06/202321/08/2023DutchPDF
Abridged model31/12/202107/10/202212/10/2022DutchPDF
Abridged model31/12/202026/08/202115/10/2021DutchPDF
Abridged model31/12/201923/09/202014/10/2020DutchPDF
Abridged model31/12/201806/09/201909/10/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

Matthieu Maes

Managing director · since 07 décembre 2023 · until 06 décembre 2029

Active
Thomas Maes

Managing director · since 07 décembre 2023 · until 06 décembre 2029

Active

Ended mandates

Matthieu Maes

Managing director

Ended
Thomas Maes

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/01/2024
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/07/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-14,1 k €↓
  2. 2023
    Annual accounts 202327,7 k €↓
  3. 2022
    Annual accounts 202238,6 k €↑
  4. 2021
    Annual accounts 2021-14,9 k €↓
  5. 2020
    Annual accounts 202026,1 k €↑
  6. 2019
    Annual accounts 2019-25,5 k €↓
  7. 2018
    Annual accounts 2018-6,2 k €
  8. 13/07/2017
    IncorporationPublic limited company