Bankrupt · Opening faillissement (CBE)

M.U.C. Motors

BE0844028573

Rechtspersoon Private limited company 1 establishment

M.U.C. Motors is a wholesaler in Essen. Private Limited, started on 28 February 2012, 1 establishment.

Nieuwstraat 76, 2910 Essen

Behind the company: Gerard Stek.

Start date

28 February 2012

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 34 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

M.U.C. Motors from Essen, company number BE0844028573, closed financial year 2022 with a result of € -3,346 after tax. For that financial year M.U.C. Motors recorded a gross margin of € 2,250 and equity of € -60,344. Compared with financial year 2021, the result moved from € -14,672 to € -3,346. 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 June 20, 2023.

What it is worth Caution

€ -60,344

▼ € 3,346 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3,346

▲ 77 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 11,257

▲ € 10,820 vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -78,944.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 38,110

▲ € 37,831 vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 40,208

▲ 35% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -13,241 € 2,250 ▲ € 15,491
Profit after taxes € -14,672 € -3,346 ▲ € 11,327
Equity € -56,999 € -60,344 ▼ € 3,346
Total debts € 107,992 € 141,749 ▲ 31%
Cash € 437 € 11,257 ▲ € 10,820
Retained profit € -75,599 € -78,944 ▼ € 3,346
Bank debt € 551 € 0 ▼ 100%
Balance sheet total € 50,993 € 81,404 ▲ 60%

Key figures of M.U.C. Motors, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to M.U.C. Motors?

What happened at M.U.C. Motors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

M.U.C. Motors is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 3,346. Source: NBB ↗
  • New establishment in Essen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,672 loss in 2021 to € 3,346 loss in 2022.

Management

Gerard Stek
M.U.C. Motors

Behind M.U.C. Motors is Gerard Stek.

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Directors

According to the 2022 annual accounts

Gerard Stek

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 76

2910 Essen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0844.028.573
VAT number
BE 0844.028.573
Registered office
Nieuwstraat 76, 2910 Essen
Names & denominations
M.U.C. Motors
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
28 February 2012
Peppol
Not registered
Activities · NACE

Groothandel 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)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Frequently asked questions

What does M.U.C. Motors do?
M.U.C. Motors is a wholesaler in Essen. Private Limited, started on 28 February 2012, 1 establishment.
What is the address of M.U.C. Motors?
The registered office of M.U.C. Motors is located at Nieuwstraat 76, 2910 Essen.
Is M.U.C. Motors still active?
No. The CBE lists M.U.C. Motors with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is M.U.C. Motors registered on Peppol?
No, M.U.C. Motors is currently not registered on the Peppol network.
What is the enterprise number of M.U.C. Motors?
The enterprise number of M.U.C. Motors is BE0844028573.
When was M.U.C. Motors founded?
M.U.C. Motors was founded on 28 February 2012.