Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SEA & CAR MOTORS from Merelbeke-Melle, company number BE0435430030, closed financial year 2023 with a result of € 6,486 after tax. For that financial year SEA & CAR MOTORS recorded a gross margin of € 228,607 and equity of € -85,511. Compared with financial year 2022, the result moved from € 113,051 to € 6,486. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2024.
€ -85,511
▲ € 6,486 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,486
▼ 94% vs 2022
Profit after tax over the fiscal year.
€ 25,686
▲ 293% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -535,511.
People and assets in 2023
3
▼ 1.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 145,042
▲ 13% vs 2022
€ 48,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,837
▼ 23% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 374,023
▼ 33% vs 2022
Loans from banks and other lenders, long and short.
€ 100,441
▼ 9% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 490,887
▲ 33% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 343,587 | € 228,607 | ▼ 33% |
| Profit after taxes | € 113,051 | € 6,486 | ▼ 94% |
| Equity | € -91,997 | € -85,511 | ▲ € 6,486 |
| Total debts | € 1,062,144 | € 969,604 | ▼ 9% |
| Cash | € 6,543 | € 25,686 | ▲ 293% |
| Retained profit | € -541,997 | € -535,511 | ▲ € 6,486 |
| Bank debt | € 559,107 | € 374,023 | ▼ 33% |
| Balance sheet total | € 970,147 | € 884,093 | ▼ 9% |
| Employees (FTE) | 4.1 | 3 | ▼ 1.1 |
Key figures of SEA & CAR MOTORS, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to SEA & CAR MOTORS?
What happened at SEA & CAR MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SEA & CAR MOTORS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 6,486 (▼ 94% vs 2022). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,051 profit in 2022 to € 6,486 profit in 2023.
Paid € 479 in corporate taxes since 2022.
Best year ever: 2022, with € 113,051 profit.
On average € 76,200 of value added per employee in 2023.
Establishments
Establishment units
Physical locations of this company
Nijverheidsweg 24
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
LEASEWEB-NL-AMS-01 Netherlands, NL
Website info
Features
Security
Details
- Company number
- 0435.430.030
- VAT number
- BE 0435.430.030
- Registered office
- Nijverheidsweg 24, 9820 Merelbeke-Melle
- Names & denominations
- SEA & CAR MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 7 October 1988
- Peppol
- Not registered
- Contact
- scars-co.be
- Activities · NACE
Reparatie en onderhoud van machines
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)