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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
MEGA TYRE from Laarne, company number BE0838340910, closed financial year 2024 with a result of € -5,071 after tax. For that financial year MEGA TYRE recorded a gross margin of € 11,195 and equity of € -105,849. Compared with financial year 2023, the result moved from € 15,125 to € -5,071. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2024.
€ -105,849
▼ € 5,071 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,071
▼ still € 15,125 profit in 2023
Profit after tax over the fiscal year.
€ 4,780
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -124,449.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,582
▲ 78% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 99,243
▼ 18% vs 2023
€ 13,299 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 34,912
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 11,948
▲ 19% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 17,648 | € 21,314 | € 11,195 | ▼ 47% |
| Profit after taxes | € -34,448 | € 15,125 | € -5,071 | ▼ € 20,196 |
| Equity | € -115,904 | € -100,779 | € -105,849 | ▼ € 5,071 |
| Total debts | € 180,590 | € 176,148 | € 174,185 | ▼ 1% |
| Cash | € 929 | € 5,462 | € 4,780 | ▼ 12% |
| Retained profit | € -134,504 | € -119,379 | € -124,449 | ▼ € 5,071 |
| Bank debt | € 119,597 | € 121,589 | € 99,243 | ▼ 18% |
| Balance sheet total | € 64,687 | € 75,369 | € 68,336 | ▼ 9% |
Key figures of MEGA TYRE, 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 30 January 2026.
What happened to MEGA TYRE?
What happened at MEGA TYRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MEGA TYRE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 5,071 (▼ € 20,196 vs 2023). Source: NBB ↗
- Francky Denorme became a director. NBB
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,448 loss in 2022 to € 5,071 loss in 2024.
Paid € 60 in corporate taxes since 2022.
Best year ever: 2023, with € 15,125 profit.
Management
Behind MEGA TYRE is Francky Denorme.
Directors
According to the 2024 annual accounts
Francky Denorme
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Steentjestraat 74
9270 Laarne
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
- 0838.340.910
- VAT number
- BE 0838.340.910
- Registered office
- Steentjestraat 74, 9270 Laarne
- Names & denominations
- MEGA TYRE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 August 2011
- Peppol
- Not registered
- Activities · NACE
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