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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAD CARS from Asse, company number BE0678625658, closed financial year 2024 with a result of € 20,212 after tax. For that financial year MAD CARS recorded a gross margin of € 25,564 and equity of € -15,275. Compared with financial year 2023, the result moved from € -17,256 to € 20,212. Profitable, and profit is growing. 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 September 30, 2025.
€ -15,275
▲ € 20,212 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,212
▲ still € 17,256 loss in 2023
Profit after tax over the fiscal year.
€ 16,414
▲ 255% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -33,875.
People and assets in 2024
€ 9,302
▲ 96% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 550
▼ 93% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,532
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 44,874 | - | |
| Gross margin | € 3,379 | € -3,341 | € -13,688 | € 25,564 | ▲ € 39,252 |
| Profit after taxes | € 1,144 | € -12,820 | € -17,256 | € 20,212 | ▲ € 37,468 |
| Equity | € -5,412 | € -18,232 | € -35,487 | € -15,275 | ▲ € 20,212 |
| Total debts | € 26,223 | € 41,234 | € 54,800 | € 55,172 | ▲ 1% |
| Cash | € 3,050 | € 10,862 | € 4,630 | € 16,414 | ▲ 255% |
| Retained profit | € -24,012 | € -36,832 | € -54,087 | € -33,875 | ▲ € 20,212 |
| Balance sheet total | € 20,811 | € 23,002 | € 19,312 | € 39,896 | ▲ 107% |
Key figures of MAD CARS, 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 MAD CARS?
What happened at MAD CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 20,212. filed late Source: NBB ↗
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,144 profit in 2021 to € 20,212 profit in 2024.
Paid € 1,483 in corporate taxes since 2021.
Best year ever: 2024, with € 20,212 profit.
A new publication or filing at MAD CARS? 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
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 59
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.625.658
- VAT number
- BE 0678.625.658
- Registered office
- Nieuwstraat 59, 1730 Asse
- Names & denominations
- MAD CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2017
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.
Vervaardiging van andere elektrische en elektronische draden en kabels
Activiteiten van vertalers
Diensten in verband met vervoer te land
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Technische controle van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
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