Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEGANT CARS from Putte, company number BE0759975402, closed financial year 2025 with a result of € -53,174 after tax. For that financial year ELEGANT CARS recorded revenue of € 3.1 million and equity of € 99,204. Compared with financial year 2024, the result moved from € 93,930 to € -53,174. 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 May 30, 2026.
€ 99,204
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,174
▼ still € 93,930 profit in 2024
Profit after tax over the fiscal year.
€ 9,020
▲ € 8,708 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 69,204.
People and assets in 2025
€ 33,667
▲ 10% 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.
€ 341
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 275,047
▲ 63% vs 2024
€ 243,409 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 50,783
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,972
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,752,128 | € 2,095,647 | € 3,529,531 | € 3,099,242 | ▼ 12% |
| Gross margin | € 65,495 | € 72,368 | € 176,687 | € -10,996 | ▼ € 187,682 |
| Profit after taxes | € 27,615 | € 583 | € 93,930 | € -53,174 | ▼ € 147,104 |
| Equity | € 57,866 | € 58,449 | € 152,378 | € 99,204 | ▼ 35% |
| Total debts | € 87,225 | € 435,165 | € 328,292 | € 389,803 | ▲ 19% |
| Cash | € 7,998 | € 59,658 | € 312 | € 9,020 | ▲ € 8,708 |
| Retained profit | € 27,866 | € 28,449 | € 122,378 | € 69,204 | ▼ 43% |
| Bank debt | € 0 | € 130,196 | € 168,774 | € 275,047 | ▲ 63% |
| Balance sheet total | € 145,091 | € 493,614 | € 480,670 | € 489,007 | ▲ 2% |
Key figures of ELEGANT CARS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ELEGANT CARS?
What happened at ELEGANT CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,174 (▼ € 147,104 vs 2024). Source: NBB ↗
- New establishment in Putte. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,615 profit in 2022 to € 53,174 loss in 2025.
Paid € 39,289 in corporate taxes since 2022.
Best year ever: 2024, with € 93,930 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
Behind ELEGANT CARS is Mazhar Hussain. Mazhar Hussain is also behind MTM CARS and HUSSAINS.
Establishments
Establishment units
Physical locations of this company
Kapelstraat 84
2580 Putte
Mechelbaan 178
2580 Putte
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.975.402
- VAT number
- BE 0759.975.402
- Registered office
- Kapelstraat 84, 2580 Putte
- Names & denominations
- ELEGANT CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2020
- Peppol
- Active · Active since 2 May 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)