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 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
VIGAR MOTORS from Brussel, company number BE0599893728, closed financial year 2024 with a result of € -97,812 after tax. For that financial year VIGAR MOTORS recorded a gross margin of € -34,346 and equity of € -56,076. Compared with financial year 2023, the result moved from € 9,270 to € -97,812. The company made a loss. 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 December 18, 2024.
€ -56,076
▼ € 97,812 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,812
▼ still € 9,270 profit in 2023
Profit after tax over the fiscal year.
€ 24,683
▲ 236% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -56,076.
People and assets in 2024
€ 11,239
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 408,430
▼ 3% vs 2023
€ 82,885 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 82,795
▲ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 80,837 | € 73,535 | € -34,346 | ▼ € 107,881 |
| Profit after taxes | € 56,801 | € 9,270 | € -97,812 | ▼ € 107,082 |
| Equity | € 32,466 | € 41,736 | € -56,076 | ▼ € 97,812 |
| Total debts | € 482,566 | € 477,193 | € 533,520 | ▲ 12% |
| Cash | € 18,005 | € 7,342 | € 24,683 | ▲ 236% |
| Land & buildings | - | € 15,670 | € 14,089 | ▼ 10% |
| Retained profit | € 32,466 | € 41,736 | € -56,076 | ▼ € 97,812 |
| Bank debt | € 475,000 | € 419,718 | € 408,430 | ▼ 3% |
| Balance sheet total | € 515,032 | € 518,929 | € 477,444 | ▼ 8% |
Key figures of VIGAR MOTORS, fiscal years 2022 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 30 January 2026.
What happened to VIGAR MOTORS?
What happened at VIGAR MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
VIGAR MOTORS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 97,812 (▼ € 107,082 vs 2023). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 56,801 profit in 2022 to € 97,812 loss in 2024.
Paid € 5,422 in corporate taxes since 2022.
Best year ever: 2022, with € 56,801 profit.
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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
Directors
According to the 2024 annual accounts
Vigar Matthew
Director
Establishments
Establishment units
Physical locations of this company
Breydelstraat 34-36
1040 Brussel
Breydelstraat 34
1040 Brussel
Active since 3 March 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Paypro Services
€ 3 million gross margin · 2025
Drone Alliance Europe
NL & NS
€ 72,125 gross margin · 2025
ReactiveSoft
€ -18,880 gross margin · 2025
Projectpro Services
€ 3.1 million gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0599.893.728
- VAT number
- BE 0599.893.728
- Registered office
- Breydelstraat 34-36, 1040 Brussel
- Names & denominations
- VIGAR MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 March 2015
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Reparatie en onderhoud van andere civiele transportmiddelen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)