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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M-CARS from Liège, company number BE1002606252, closed financial year 2025 with a result of € 19,581 after tax. For that financial year M-CARS recorded a gross margin of € 49,687 and equity of € 110,352. Compared with financial year 2024, the result moved from € 61,771 to € 19,581. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 110,352
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,581
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 25,813
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,000 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 11,425
▲ 50% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,807
▲ € 50,689 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 93,891
€ 24,170 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 128,610
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,545
▼ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 99,031 | € 49,687 | ▼ 50% |
| Profit after taxes | € 61,771 | € 19,581 | ▼ 68% |
| Equity | € 91,771 | € 110,352 | ▲ 20% |
| Total debts | € 173,638 | € 253,516 | ▲ 46% |
| Cash | € 56,025 | € 25,813 | ▼ 54% |
| Retained profit | € 61,771 | € 80,352 | ▲ 30% |
| Dividend | € 0 | € 1,000 | |
| Bank debt | € 0 | € 93,891 | |
| Balance sheet total | € 265,409 | € 363,868 | ▲ 37% |
Key figures of M-CARS, fiscal years 2024 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 M-CARS?
What happened at M-CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,581 (▼ 68% vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Beyne-Heusay. KBO
- Sukru MUTLU became a director. NBB
- Ayda KARAKAYA became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 61,771 profit in 2024 to € 19,581 profit in 2025.
Paid € 28,875 in corporate taxes since 2024.
Best year ever: 2024, with € 61,771 profit.
Paid out € 1,000 in dividends to the owners in total.
A new publication or filing at M-CARS? We notify you, reason included.
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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 M-CARS are Sukru MUTLU and Ayda KARAKAYA .
Directors
According to the 2025 annual accounts
Sukru MUTLU
Director
since 2023
Ayda KARAKAYA
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de Beyne 483
4020 Liège
Rue Grand'Route 163
4610 Beyne-Heusay
Active since 23 November 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1002.606.252
- VAT number
- BE 1002.606.252
- Registered office
- Rue de Beyne 483, 4020 Liège
- Names & denominations
- M-CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2023
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)