Bankrupt · Opening faillissement (CBE)

M+S Tyre Masters

BE0670945634

Rechtspersoon Private limited company 1 establishment

M+S Tyre Masters is a repair service in Genk. Private Limited, started on 10 February 2017, 1 establishment.

Hasseltweg 168, 3600 Genk

Start date

10 February 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

M+S Tyre Masters from Genk, company number BE0670945634, closed financial year 2025 with a result of € -15,873 after tax. For that financial year M+S Tyre Masters recorded a gross margin of € 148,405 and equity of € -63,233. Compared with financial year 2024, the result moved from € -76,736 to € -15,873. 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 June 25, 2026.

What it is worth Caution

€ -63,233

▼ € 15,873 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -15,873

▲ 79 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 61,640

▲ 206% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -81,833.

People and assets in 2025

Wage cost

€ 134,597

▲ 5% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 89,834

▲ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 57,166

▲ 48% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220242025Change 2024 → 2025
Revenue € 208,364 - - -
Gross margin € 70,734 € 149,264 € 64,500 € 148,405 ▲ 130%
Profit after taxes € 12,364 € -2,218 € -76,736 € -15,873 ▲ € 60,863
Equity € 73,811 € 71,592 € -47,361 € -63,233 ▼ € 15,873
Total debts € 23,245 € 104,875 € 164,157 € 205,149 ▲ 25%
Cash € 1,891 € 27,353 € 20,147 € 61,640 ▲ 206%
Land & buildings - - - € 860
Retained profit € 67,611 € 65,392 € -65,961 € -81,833 ▼ € 15,873
Balance sheet total € 97,055 € 176,468 € 116,796 € 141,916 ▲ 22%

Key figures of M+S Tyre Masters, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to M+S Tyre Masters?

What happened at M+S Tyre Masters in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

M+S Tyre Masters is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2025: loss of € 15,873. filed late Source: NBB ↗
  • New establishment in Genk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 12,364 profit in 2021 to € 15,873 loss in 2025.

Paid € 43 in corporate taxes since 2021.

Best year ever: 2021, with € 12,364 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Hasseltweg 168

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0670.945.634
VAT number
BE 0670.945.634
Registered office
Hasseltweg 168, 3600 Genk
Names & denominations
M+S Tyre Masters
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
10 February 2017
Peppol
Active · Active since 31 Oct 2023
Activities · NACE

Bandenservicebedrijven

Handelsbemiddeling in de groothandel in andere specifieke goederen

Detailhandel in motorbrandstoffen

Detailhandel in onderdelen en accessoires van motorvoertuigen

Detailhandel in drogisterijartikelen en onderhoudsproducten

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in drogisterijartikelen en onderhoudsproducten in gespecialiseerde winkels

Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)

+1

Frequently asked questions

What does M+S Tyre Masters do?
M+S Tyre Masters is a repair service in Genk. Private Limited, started on 10 February 2017, 1 establishment.
What is the address of M+S Tyre Masters?
The registered office of M+S Tyre Masters is located at Hasseltweg 168, 3600 Genk.
Is M+S Tyre Masters still active?
No. The CBE lists M+S Tyre Masters with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is M+S Tyre Masters registered on Peppol?
Yes, M+S Tyre Masters is registered on the Peppol network with ID 0208:0670945634.
What is the enterprise number of M+S Tyre Masters?
The enterprise number of M+S Tyre Masters is BE0670945634.
When was M+S Tyre Masters founded?
M+S Tyre Masters was founded on 10 February 2017.