Financials
Financial year 2024
MJM CARS from Elsene, company number BE0886024526, closed financial year 2024 with a result of € -9,638 after tax. For that financial year MJM CARS recorded a gross margin of € -2,210 and equity of € 54,372. Compared with financial year 2023, the result moved from € 5,290 to € -9,638. 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 October 7, 2025.
€ 54,372
▼ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,638
▼ still € 5,290 profit in 2023
Profit after tax over the fiscal year.
€ 24,041
▼ 7% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 24,372.
People and assets in 2024
€ 206
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,229
▲ 163% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 45,884
▲ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,676
▲ 43% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 14,479 | € 5,049 | € 9,635 | € -2,210 | ▼ € 11,845 |
| Profit after taxes | € 268 | € -1,438 | € 5,290 | € -9,638 | ▼ € 14,928 |
| Equity | € 60,158 | € 58,721 | € 64,010 | € 54,372 | ▼ 15% |
| Total debts | € 41,005 | € 64,655 | € 48,961 | € 78,672 | ▲ 61% |
| Cash | € 34,728 | € 46,226 | € 25,894 | € 24,041 | ▼ 7% |
| Retained profit | € 30,158 | € 28,721 | € 34,010 | € 24,372 | ▼ 28% |
| Balance sheet total | € 101,164 | € 123,375 | € 112,971 | € 133,044 | ▲ 18% |
Key figures of MJM CARS, 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 MJM CARS?
What happened at MJM CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,638 (▼ € 14,928 vs 2023). filed late Source: NBB ↗
- BANGALY DOUMBOUYA became a director. NBB
- VINCENT MUSTIN became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 268 profit in 2021 to € 9,638 loss in 2024.
Paid € 505 in corporate taxes since 2021.
Best year ever: 2023, with € 5,290 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 MJM CARS are VINCENT MUSTIN and BANGALY DOUMBOUYA.
Directors
According to the 2024 annual accounts
VINCENT MUSTIN
Manager
since 2015
BANGALY DOUMBOUYA
Manager
since 2021
Establishments
Establishment units
Physical locations of this company
Zomerstraat 86
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.024.526
- VAT number
- BE 0886.024.526
- Registered office
- Zomerstraat 86, 1050 Elsene
- Names & denominations
- MJM CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2006
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in delen en toebehoren van motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
+10