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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
PROCARS M&M from Aarschot, company number BE0812235834, closed financial year 2024 with a result of € -4,121 after tax. For that financial year PROCARS M&M recorded a gross margin of € 4,871 and equity of € 202,970. Compared with financial year 2023, the result moved from € 6,894 to € -4,121. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2025.
€ 202,970
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,121
▼ still € 6,894 profit in 2023
Profit after tax over the fiscal year.
€ 183,444
▲ € 149,532 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -117,030.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 437
▼ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 209
▼ 84% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,882 | € 11,194 | € 20,838 | € 4,871 | ▼ 77% |
| Profit after taxes | € -14,193 | € 5,543 | € 6,894 | € -4,121 | ▼ € 11,015 |
| Equity | € 194,655 | € 200,198 | € 207,092 | € 202,970 | ▼ 2% |
| Total debts | € 283,382 | € 263,734 | € 253,534 | € 646 | ▼ € 252,888 |
| Cash | € 100,847 | € 8,690 | € 33,912 | € 183,444 | ▲ € 149,532 |
| Retained profit | € -125,345 | € -119,802 | € -112,908 | € -117,030 | ▼ € 4,121 |
| Bank debt | € 250,000 | € 250,000 | € 250,000 | € 0 | ▼ 100% |
| Balance sheet total | € 478,036 | € 463,932 | € 460,625 | € 203,616 | ▼ 56% |
Key figures of PROCARS M&M, 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 PROCARS M&M?
What happened at PROCARS M&M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
PROCARS M&M is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 4,121 (▼ € 11,015 vs 2023). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Aarschot. KBO
In short
From € 14,193 loss in 2021 to € 4,121 loss in 2024.
Paid € 923 in corporate taxes since 2021.
Best year ever: 2023, with € 6,894 profit.
Management
Behind PROCARS M&M is Michel Clemens.
Directors
According to the 2024 annual accounts
Michel Clemens
Director
Establishments
Establishment units
Physical locations of this company
Rhodestraat 7
3201 Aarschot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0812.235.834
- VAT number
- BE 0812.235.834
- Registered office
- Rhodestraat 7, 3201 Aarschot
- Names & denominations
- PROCARS M&M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 June 2009
- Peppol
- Not registered