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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
M.J. MOTORS from Saint-Ghislain, company number BE0459526612, closed financial year 2024 with a result of € -30,834 after tax. For that financial year M.J. MOTORS recorded a gross margin of € 7,499 and equity of € 160,583. Compared with financial year 2023, the result moved from € -10,704 to € -30,834. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ 160,583
▼ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,834
▼ 188 % more loss than in 2023
Profit after tax over the fiscal year.
€ 125,411
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 141,833.
People and assets in 2024
€ 37,592
▼ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 212,403
Loans from banks and other lenders, long and short.
€ 79,908
▼ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,485
▼ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 107,873 | € 96,829 | € 149,977 | € 7,499 | ▼ 95% |
| Profit after taxes | € 44,148 | € -39,349 | € -10,704 | € -30,834 | ▼ € 20,130 |
| Equity | € 241,469 | € 202,120 | € 191,416 | € 160,583 | ▼ 16% |
| Total debts | € 629,524 | € 423,991 | € 482,648 | € 349,782 | ▼ 28% |
| Cash | € 73,242 | € 105,036 | € 113,908 | € 125,411 | ▲ 10% |
| Land & buildings | € 390,405 | € 100,000 | € 85,000 | - | |
| Retained profit | € 222,719 | € 183,370 | € 172,666 | € 141,833 | ▼ 18% |
| Bank debt | € 296,120 | € 251,334 | € 212,403 | € 212,403 | |
| Balance sheet total | € 870,994 | € 626,112 | € 674,064 | € 510,365 | ▼ 24% |
Key figures of M.J. MOTORS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M.J. MOTORS?
What happened at M.J. MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 30,834. filed late Source: NBB ↗
- New establishment in Mons. KBO
- New establishment in Boussu. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,148 profit in 2021 to € 30,834 loss in 2024.
Paid € 10,008 in corporate taxes since 2021.
Best year ever: 2021, with € 44,148 profit.
A new publication or filing at M.J. MOTORS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M.J. MOTORS is Giuseppe MASCOLO. Giuseppe MASCOLO is also behind A. WASTIAUX.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Albert Bériot(S) 190
7332 Saint-Ghislain
Rue de Quiévrain(B) 59
7300 Boussu
Active since 28 January 1997
Rue de la Poire d'Or(C.) 7
7033 Mons
Active since 27 March 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.526.612
- VAT number
- BE 0459.526.612
- Registered office
- Rue Albert Bériot(S) 190, 7332 Saint-Ghislain
- Names & denominations
- M.J. MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1996
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)