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 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MUSTANG & CO from Enghien, company number BE0807655058, closed financial year 2024 with a result of € 17,215 after tax. For that financial year MUSTANG & CO recorded a gross margin of € 397,789 and equity of € 208,703. Compared with financial year 2023, the result moved from € 265,752 to € 17,215. The company is profitable. 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 October 29, 2025.
€ 208,703
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,215
▼ 94% vs 2023
Profit after tax over the fiscal year.
€ 2,018
▼ 99% 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 € 190,103.
People and assets in 2024
2
Average over the fiscal year, from the social balance sheet.
€ 184,187
▲ 31% vs 2023
€ 92,100 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.
€ 59,486
▲ 69% vs 2023
Of which on lease € 32,265.
Debts at end 2024
€ 1.2 million
▼ 19% vs 2023
€ 41 is repaid this year. At this pace the long-term loan is gone in ≈ 26455 years.
€ 89,693
▼ 85% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 188,819
▲ 42% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 193,405 | € 254,434 | € 667,598 | € 397,789 | ▼ 40% |
| Profit after taxes | € 609 | € 14,633 | € 265,752 | € 17,215 | ▼ 94% |
| Equity | € 208,049 | € 222,682 | € 191,488 | € 208,703 | ▲ 9% |
| Total debts | € 2,423,824 | € 2,630,395 | € 2,939,115 | € 2,252,984 | ▼ 23% |
| Cash | € 52,740 | € 12,590 | € 195,860 | € 2,018 | ▼ 99% |
| Land & buildings | € 1,043,543 | € 1,081,792 | € 1,035,400 | € 1,043,485 | ▲ 1% |
| Retained profit | € 189,449 | € 204,082 | € 172,888 | € 190,103 | ▲ 10% |
| Dividend | € 0 | € 0 | € 296,946 | € 0 | ▼ 100% |
| Bank debt | € 1,676,454 | € 1,717,891 | € 1,538,813 | € 1,240,537 | ▼ 19% |
| Balance sheet total | € 2,631,873 | € 2,853,077 | € 3,130,602 | € 2,461,686 | ▼ 21% |
| Employees (FTE) | 4.6 | - | - | 2 |
Key figures of MUSTANG & CO, 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 MUSTANG & CO?
What happened at MUSTANG & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 17,215 (▼ 94% vs 2023). filed late Source: NBB ↗
- Sébastien Thienpont became a director. NBB
- Anthony Thienpont became a director. NBB
- New establishment in Sint-Pieters-Leeuw. KBO
- New establishment in Enghien. KBO
- Start of the company according to the CBE. KBO
In short
From € 609 profit in 2021 to € 17,215 profit in 2024.
Paid € 113,456 in corporate taxes since 2021.
Best year ever: 2023, with € 265,752 profit.
On average € 198,900 of value added per employee in 2024.
A new publication or filing at MUSTANG & CO? We notify you, reason included.
Follow MUSTANG & CODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 MUSTANG & CO are Sébastien Thienpont and Anthony Thienpont.
Directors
According to the 2024 annual accounts
Sébastien Thienpont
Director
since 2023
Anthony Thienpont
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Handelslaan(P.E) 15
7850 Enghien
Bergensesteenweg 392
1600 Sint-Pieters-Leeuw
Active since 1 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0807.655.058
- VAT number
- BE 0807.655.058
- Registered office
- Handelslaan(P.E) 15, 7850 Enghien
- Names & denominations
- MUSTANG & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2008
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van 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)
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Carrosserieherstelling