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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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
LOTUS CARS BELGIUM from Elsene, company number BE0790132009, closed financial year 2024 with a result of € 558,620 after tax. For that financial year LOTUS CARS BELGIUM recorded revenue of € 45.7 million and equity of € 1 million. Compared with financial year 2023, the result moved from € 64,849 to € 558,620. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2025.
€ 1 million
▲ € 958,620 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 558,620
▲ € 493,772 vs 2023
Profit after tax over the fiscal year.
€ 3.3 million
▲ 226% 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 € 622,590.
People and assets in 2024
5
▲ 1.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 782,585
▲ 86% vs 2023
€ 156,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 182,986
▼ 76% 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.
€ 11.7 million
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 1.8 million
▲ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | - | € 17,542,521 | € 45,741,790 | ▲ 161% |
| Gross margin | € -525 | - | - | |
| Profit after taxes | € -879 | € 64,849 | € 558,620 | ▲ € 493,772 |
| Equity | € -878 | € 63,970 | € 1,022,591 | ▲ € 958,620 |
| Total debts | € 990 | € 12,365,483 | € 13,876,086 | ▲ 12% |
| Cash | € 1 | € 1,009,335 | € 3,290,471 | ▲ 226% |
| Retained profit | € -879 | € 63,969 | € 622,590 | ▲ € 558,620 |
| Balance sheet total | € 112 | € 12,429,453 | € 14,898,677 | ▲ 20% |
| Employees (FTE) | - | 3.2 | 5 | ▲ 1.8 |
Key figures of LOTUS CARS BELGIUM, 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 31 July 2026.
What happened to LOTUS CARS BELGIUM?
What happened at LOTUS CARS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 558,620 (▲ € 493,772 vs 2023). filed late Source: NBB ↗
- Youssef El Khamlichi became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 879 loss in 2022 to € 558,620 profit in 2024.
Paid € 226,443 in corporate taxes since 2022.
Best year ever: 2024, with € 558,620 profit.
Pays suppliers within 98 days on average.
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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 LOTUS CARS BELGIUM is Youssef El Khamlichi. The shares are held by Li Shufu (43.6%) and Moktar Shah Tan Sri Syed (29.5%).
Directors
According to the 2024 annual accounts
Youssef El Khamlichi
Director
since 2023
Shareholders
Li Shufu
43.6%
Moktar Shah Tan Sri Syed
29.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waaglaan 61
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →QUINCAILLERIE UCCLOISE (Anciens Etablissements BABIC)
SOCIETE D'EDITION THE BELGIAN ECONOMIC JOURNAL
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€ 618 gross margin · 2025
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+28 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
- 0790.132.009
- VAT number
- BE 0790.132.009
- Registered office
- Waaglaan 61, 1050 Elsene
- Names & denominations
- LOTUS CARS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2022
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)