Financials
Financial year 2025
CAR EXCELLENCE from Nivelles, company number BE0820048985, closed financial year 2025 with a result of € 82,119 after tax. For that financial year CAR EXCELLENCE recorded a gross margin of € 121,962 and equity of € 497,429. Compared with financial year 2024, the result moved from € 46,163 to € 82,119. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 497,429
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,119
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 123,893
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 478,829.
People and assets in 2025
€ 12,655
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 70,904
▼ 23% vs 2024
€ 3,333 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 13,126
▲ 149% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,536
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 169,501 | € 38,390 | € 71,711 | € 121,962 | ▲ 70% |
| Profit after taxes | € 121,415 | € 20,694 | € 46,163 | € 82,119 | ▲ 78% |
| Equity | € 348,454 | € 369,148 | € 415,311 | € 497,429 | ▲ 20% |
| Total debts | € 76,158 | € 152,565 | € 128,476 | € 116,566 | ▼ 9% |
| Cash | € 75,827 | € 49,553 | € 99,893 | € 123,893 | ▲ 24% |
| Retained profit | € 329,854 | € 350,548 | € 396,711 | € 478,829 | ▲ 21% |
| Bank debt | € 24,167 | € 57,500 | € 92,047 | € 70,904 | ▼ 23% |
| Balance sheet total | € 424,611 | € 521,713 | € 543,787 | € 613,995 | ▲ 13% |
Key figures of CAR EXCELLENCE, 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 CAR EXCELLENCE?
What happened at CAR EXCELLENCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,119 (▲ 78% vs 2024). Source: NBB ↗
- New establishment in Waterloo. KBO
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 121,415 profit in 2022 to € 82,119 profit in 2025.
Paid € 91,477 in corporate taxes since 2022.
Best year ever: 2022, with € 121,415 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 CAR EXCELLENCE are MAHMOUD CHEAITANI and HASSAN CHEAITANI.
Directors
According to the 2025 annual accounts
MAHMOUD CHEAITANI
Associate
HASSAN CHEAITANI
Manager
Establishments
Establishment units
Physical locations of this company
Rue du Progrès 7
1400 Nivelles
Avenue Marie-Louise 91
1410 Waterloo
Active since 17 November 2009
Chaussée Bara 596
1410 Waterloo
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
- 0820.048.985
- VAT number
- BE 0820.048.985
- Registered office
- Rue du Progrès 7, 1400 Nivelles
- Names & denominations
- CAR EXCELLENCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2009
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Wassen en poetsen van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in onderdelen en accessoires van motorvoertuigen
Handelsbemiddeling in andere motorvoertuigen (> 3,5 ton)