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 1 of the last 4 fiscal years.
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Late annual account NBB
Fiscal year 2024 was filed 203 days after the legal deadline.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
CARMAX from Honnelles, company number BE0895596842, closed financial year 2024 with a result of € -74,209 after tax. For that financial year CARMAX recorded a gross margin of € -53,101 and equity of € -40,080. Compared with financial year 2023, the result moved from € 20,070 to € -74,209. 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 February 19, 2026.
€ -40,080
▼ € 74,209 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,209
▼ still € 20,070 profit in 2023
Profit after tax over the fiscal year.
€ 4,663
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -305,080.
People and assets in 2024
€ 500
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 2024
€ 114,365
▼ 30% vs 2023
€ 73,944 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 75,834
▼ 72% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 108,523
▲ € 84,060 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 | € 26,645 | € 1,275 | € 34,694 | € -53,101 | ▼ € 87,795 |
| Profit after taxes | € 11,885 | € -48,192 | € 20,070 | € -74,209 | ▼ € 94,279 |
| Equity | € 62,252 | € 14,059 | € 34,129 | € -40,080 | ▼ € 74,209 |
| Total debts | € 197,357 | € 253,393 | € 571,190 | € 468,022 | ▼ 18% |
| Cash | € 15,726 | € 11,487 | € 11,697 | € 4,663 | ▼ 60% |
| Retained profit | € -202,748 | € -250,941 | € -230,871 | € -305,080 | ▼ € 74,209 |
| Bank debt | € 128,120 | € 95,309 | € 163,743 | € 114,365 | ▼ 30% |
| Balance sheet total | € 259,609 | € 267,453 | € 605,319 | € 427,942 | ▼ 29% |
Key figures of CARMAX, 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 CARMAX?
What happened at CARMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 74,209 (▼ € 94,279 vs 2023). filed late Source: NBB ↗
- MAXIME COHEN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Beloeil. KBO
In short
From € 11,885 profit in 2021 to € 74,209 loss in 2024.
Best year ever: 2023, with € 20,070 profit.
Management
Behind CARMAX is MAXIME COHEN.
Directors
According to the 2024 annual accounts
MAXIME COHEN
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue de la Chasse(A) 14
7387 Honnelles
Rue de Tournai (Sta) 345
7973 Beloeil
Active since 7 February 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.596.842
- VAT number
- BE 0895.596.842
- Registered office
- Rue de la Chasse(A) 14, 7387 Honnelles
- Names & denominations
- CARMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2008
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)