Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MIFA CARS from Nivelles, company number BE0739596393, closed financial year 2024 with a result of € -2,742 after tax. For that financial year MIFA CARS recorded a gross margin of € -2,027 and equity of € 145. Compared with financial year 2023, the result moved from € -5,928 to € -2,742. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 145
▼ 95% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,742
▲ 54 % less loss than in 2023
Profit after tax over the fiscal year.
€ 7,388
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3,855.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 306
▼ 50% 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.
€ 73,995
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 247,731 | € 308,950 | - | - | |
| Gross margin | € -5,128 | € -3,393 | € -4,867 | € -2,027 | ▲ € 2,841 |
| Profit after taxes | € 4,426 | € 1,674 | € -5,928 | € -2,742 | ▲ € 3,186 |
| Equity | € 7,142 | € 8,815 | € 2,887 | € 145 | ▼ 95% |
| Total debts | € 106,872 | € 108,120 | € 118,469 | € 75,434 | ▼ 36% |
| Cash | € 7,803 | € 10,216 | € 12,366 | € 7,388 | ▼ 40% |
| Retained profit | € 3,142 | € 4,815 | € -1,113 | € -3,855 | ▼ € 2,742 |
| Balance sheet total | € 114,014 | € 116,935 | € 121,356 | € 75,579 | ▼ 38% |
Key figures of MIFA 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 MIFA CARS?
What happened at MIFA CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2,742. filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- MAHMOUD CHEAITANI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,426 profit in 2021 to € 2,742 loss in 2024.
Best year ever: 2021, with € 4,426 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
MAHMOUD CHEAITANI
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Rue de l'Industrie 9
1400 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0739.596.393
- VAT number
- BE 0739.596.393
- Registered office
- Rue de l'Industrie 9, 1400 Nivelles
- Names & denominations
- MIFA CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2019
- Peppol
- Active · Active since 1 Apr 2026
- Activities · NACE
Onderhoud en reparatie van motorvoertuigen, neg
Onderhoud en reparatie van motorvoertuigen, n.e.g.
Reparatie en onderhoud van andere civiele transportmiddelen
Carrosserieherstelling (inclusief spuiten en verven)
Vervaardiging van carrosserieën voor motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en montage van specifieke auto-onderdelen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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