ACTIVE

Mechanic Works

Financial year 2024 · closed on 31/12/2024
Net result
40 k €
+190.5% YoY
Gross margin
48,3 k €
+237.9% YoY
Equity
-1,3 k €
+96.9% YoY

What does Mechanic Works do?

Mechanic Works is a Private limited company incorporated in 2021. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0775.765.022
Incorporation
14/10/2021
Legal form
Private limited company
Registered office
Franklin Rooseveltplaats 12
2060 Antwerpen · FlandreSee on map
Contributed capital
200,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin48,3 k €-35 k €9,3 k €
EBITDA47,5 k €-35,8 k €8,6 k €
Operating result41,7 k €-41,7 k €3,6 k €
Net result40 k €-44,2 k €2,8 k €
Balance sheet
Equity-1,3 k €-41,2 k €3 k €
Total assets104,6 k €76,8 k €89,8 k €
Cash3,9 k €5,6 k €
Debts88,8 k €118 k €86,8 k €
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 31/12/2024 · 1 active · 1 ended

Active mandates

Stijn Verdonck

Administrator - manager · since 14 octobre 2021

Active

Ended mandates

Ivan De Mol

Administrator - manager · since 14 octobre 2021

Ended
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Annual accounts

Full financial information

202420232022
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202314/10/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months15 months
Filing date31/08/202508/08/202425/08/2023
General meeting30/06/202530/06/202430/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202531/08/2025DutchPDF
Micro model31/12/202330/06/202408/08/2024DutchPDF
Micro model31/12/202230/06/202325/08/2023DutchPDF
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 31/12/2024 · 1 active · 1 ended

Active mandates

Stijn Verdonck

Administrator - manager · since 14 octobre 2021

Active

Ended mandates

Ivan De Mol

Administrator - manager · since 14 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/02/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/10/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202440 k €
  2. 2023
    Annual accounts 2023-44,2 k €
  3. 2022
    Annual accounts 20222,8 k €
  4. 14/10/2021
    IncorporationPrivate limited company