ACTIVE

MFS Cars

Financial year 2024 · Closed on 31/12/2024

Net result21,2 k €-7,4 %over 1 year
Gross margin68,4 k €+64,8 %over 1 year
Equity58,8 k €+56,3 %over 1 year

Identity

Source · BCE/KBO

MFS Cars is a Private limited company incorporated in 2021. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Ninove.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0760.793.170
Incorporation
04/01/2021
Legal form
Private limited company
Registered office
Aalstersesteenweg 342
9400 Ninove · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2024202320222021
Income statement
Gross margin68,4 k €41,5 k €16,9 k €-61,3 €
EBITDA40,3 k €40,1 k €15,9 k €-1,1 k €
Operating result32,7 k €33,4 k €10,7 k €-4,7 k €
Net result21,2 k €22,9 k €9,8 k €-5,1 k €
Balance sheet
Equity58,8 k €37,6 k €14,7 k €4,9 k €
Total assets122,3 k €107,3 k €55,2 k €32,9 k €
Cash39,9 k €42,4 k €16,4 k €21,3 k €
Debts63,5 k €69,6 k €40,3 k €27,6 k €

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

1 active · 1 ended

Active mandates

Steven Heyse

Director · since 04 janvier 2021

Active

Ended mandates

Frederik Heyse

Director · since 04 janvier 2021 · until 31 janvier 2022

Ended

Other companies at this address

Aalstersesteenweg 342 9400 Ninove
CompanyCBE no.
0880.227.983
1012.034.949

Full financial information

Source · NBB
2024202320222021
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202204/01/2021
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months
Filing date14/07/202508/07/202401/07/202329/06/2022
General meeting27/06/202528/06/202430/06/202324/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202514/07/2025DutchPDF
Micro model31/12/202328/06/202408/07/2024DutchPDF
Micro model31/12/202230/06/202301/07/2023DutchPDF
Micro model31/12/202124/06/202229/06/2022DutchPDF

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

1 active · 1 ended

Active mandates

Steven Heyse

Director · since 04 janvier 2021

Active

Ended mandates

Frederik Heyse

Director · since 04 janvier 2021 · until 31 janvier 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/01/2021
    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 202421,2 k €↓
  2. 2023
    Annual accounts 202322,9 k €↑
  3. 2022
    Annual accounts 20229,8 k €↑
  4. 2021
    Annual accounts 2021-5,1 k €
  5. 04/01/2021
    IncorporationPrivate limited company