ACTIVE

MCars

Financial year 2025 · closed on 31/03/2025
Net result
19,5 k €
-65.0% YoY
Gross margin
299,6 k €
+26.3% YoY
Equity
115 k €
+20.4% YoY
Workforce
5,0 ETP

What does MCars do?

MCars is a Private limited company incorporated in 2019. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Etalle. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0726.989.264
Incorporation
22/05/2019
Legal form
Private limited company
Registered office
Rue du Magenot,Fratin 3
6740 Etalle · WallonieSee on map
Contributed capital
5 100,00 €
Latest accounts
31/03/2025
Average workforce
5,0 ETP
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin299,6 k €237,2 k €114 k €46,3 k €-2,9 k €13,9 k €
EBITDA77,1 k €95,6 k €54,8 k €30,7 k €-3,2 k €13,6 k €
Operating result26,9 k €84,3 k €47,8 k €23,9 k €-14,1 k €5,3 k €
Net result19,5 k €55,8 k €36,7 k €20,2 k €-15,8 k €3,1 k €
Balance sheet
Equity115 k €95,5 k €39,6 k €12,6 k €-7,6 k €8,2 k €
Total assets1,1 M €673,2 k €227,2 k €190,6 k €116,1 k €124 k €
Cash135,8 k €37,2 k €11,8 k €62,1 k €16,3 k €14,3 k €
Debts950,2 k €574,7 k €187,5 k €178 k €123,7 k €115,8 k €
Other
Workforce5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active

Active mandates

Martin CORNET

Director

Active
Mathieu CORNET

Director

Active
At this address

Other companies at this address

CompanyCBE no.
1005.234.259
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelAbridged modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202020/05/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months11 months
Filing date20/10/202531/01/202531/10/202311/09/202319/05/202201/10/2020
General meeting16/09/202526/12/202430/10/202316/06/202305/05/202222/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202516/09/202520/10/2025FrenchPDF
Micro model31/03/202426/12/202431/01/2025FrenchPDF
Micro model31/03/202330/10/202331/10/2023FrenchPDF
Micro model31/03/202216/06/202311/09/2023FrenchPDF
Abridged model31/03/202105/05/202219/05/2022FrenchPDF
Micro model31/03/202022/09/202001/10/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active

Active mandates

Martin CORNET

Director

Active
Mathieu CORNET

Director

Active
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL - OBJET
    PDF
  • Mandates24/02/2021
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Other24/05/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202519,5 k €
  2. 2024
    Annual accounts 202455,8 k €
  3. 2023
    Annual accounts 202336,7 k €
  4. 2022
    Annual accounts 202220,2 k €
  5. 2022
    Name changeMCARS
  6. 2021
    Annual accounts 2021-15,8 k €
  7. 2021
    Name changeMGM MECA STEEL
  8. 2020
    Annual accounts 20203,1 k €
  9. 22/05/2019
    IncorporationPrivate limited company